Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 126

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 126
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     45.0% 
     7,140,358  
     46.2%
  
    Services 
     9,654,399  
     55.0% 
     7,765,818  
     50.2%
  
    Total
    net revenues 
     17,543,957  
     100.0% 
     15,464,516  
     100.0%

    Cost
    of revenues 
     8,802,184  
     50.2% 
     7,989,696  
     51.7%
  
    Gross
    profit 
     8,741,773  
     49.8% 
     7,474,820  
     48.3%
  
    Operating
    expenses: 

    Selling,
    general and administrative 
     6,883,587  
     39.2% 
     5,811,335  
     37.6%
  
    Research
    and development cost 
     304,788  
     1.7% 
     345,582  
     2.2%
  
    Total
    operating expenses 
     7,188,375  
     41.0% 
     6,156,917  
     39.8%

    Income
    (loss) from operations 
     1,553,398  
     8.9% 
     1,317,903  
     8.5%
  
    Other
    income and (expenses) 

    Interest
    expense 
     (194,742) 
     -1.1% 
     (289,677) 
     -1.9%
  
    Interest
    income 
     294,655  
     1.7% 
     376,466  
     2.4%
  
    Gain
    (loss) on foreign currency exchange transactions 
     321,622  
     1.8% 
     (963,887) 
     -6.2%
  
    Other
    income 
     10,831  
     0.1% 
     21,634  
     0.1%
  
    Total
    other income (expenses) 
     432,366