Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 3

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
 Other income and (expenses) 

    Interest expense 
     (194,742) 
     (289,677) 
     (689,347) 
     (856,016)
  
    Interest income 
     294,655  
     376,466  
     1,593,594  
     1,259,464 
  
    Gain (loss) on foreign
    currency exchange transactions 
     321,622  
     (963,887) 
     165,775  
     (1,112,757)
  
    Other
    income 
     10,831  
     21,634  
     202,386  
     22,210 
  
    Total other income (expenses) 
     432,366  
     (855,464) 
     1,272,408  
     (687,099)

    Net income before  income
    taxes 
     1,985,764  
     462,439  
     1,578,698  
     2,008,265 
  
    Income
    tax provision 
     (151,334) 
     (146,569) 
     (712,765) 
     (418,517)
  
    Net income 
     1,834,430  
     315,870  
     865,933  
     1,589,748 
  
    Non-controlling
    interest 
     (410,462) 
     11,679  
     (518,212) 
     (822,993)
  
    Net
    income attributable to NetSol 
    $1,423,968  
    $327,549 
    $347,721  
    $766,755 

    Net income per share: 

    Net income per common share 

    Basic 
    $0.12  
    $0.03  
    $0.03  
    $0.07 
  
    Diluted 
    $0.12  
    $0.03  
    $0.03  
    $0.07 

    Weighted average number of shares outstanding 

    Basic 
     11,683,408  
     11,390,888 
     11,531,365