Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 2106

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 11
Chunk 2106
---
 Net
    Income  
    Shares  
    Per
    Share 
  
    Basic income per share: 

    Net income 
    $2,923,233  
     11,576,287  
    $0.25 
  
    Effect of dilutive securities 

    Stock
    options 
     -  
     -  
     - 
  
    Diluted income per share 
    $2,923,233  
     11,576,287  
    $0.25 

    For
    the year ended June 30, 2024 

    Net
    Income  
    Shares  
    Per
    Share 

    Basic income per share: 

    Net income 
    $683,873  
     11,378,595  
    $0.06 
  
    Effect of dilutive securities 

    Stock
    options 
     -  
     43,345  
     - 
  
    Diluted income per share 
    $683,873  
     11,421,940  
    $0.06 

As
of June 30, 2025, 50,000 options were outstanding. These options were not included in the computation of diluted earnings per share because
their exercise price exceeded the average market price of the Company’s common stock during the period and, therefore, their effect
would have been anti-dilutive.

As
of June 30, 2024, 250,000 options were outstanding. The effect of these options on diluted earnings per share was 43,345 incremental
shares, calculated using the treasury stock method.

    F-22

NETSOL
                                            TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

NOTE
5 – MAJOR CUSTOMERS

The
following table describes the revenues from major customers:

 SCHEDULE
OF REVENUES AND RECEIVABLES FROM MAJOR CUSTOMERS

    For the Years 

    Ended
    June 30, 

    2025  
    %  
    2024  
    % 
  
    Net Revenues: 

    Daimler Financial
    Services 
    $12,593,836  
     19.1% 
    $15,670,054  
     25.