Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1125

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 6
Chunk 1125
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 table sets forth the items in our consolidated statement of operations for the years ended June 30, 2025 and 2024 as a percentage
of revenues.

    For the Years

    Ended June 30,

    2025 
    % 
    2024 
    %
  
    Net Revenues: 

    License fees 
    $598,633  
     0.9% 
    $5,449,991  
     8.9%
  
    Subscription and support 
     32,934,648  
     49.8% 
     27,952,768  
     45.5%
  
    Services 
     32,554,948  
     49.3% 
     27,990,332  
     45.6%
  
    Total net revenues 
     66,088,229  
     100.0% 
     61,393,091  
     100.0%

    Cost of revenues 
     33,513,697  
     50.7% 
     32,108,221  
     52.3%
  
    Gross profit 
     32,574,532  
     49.3% 
     29,284,870  
     47.7%
  
    Operating expenses: 

    Selling, general and administrative 
     27,796,936  
     42.1% 
     24,388,714  
     39.7%
  
    Research and development cost 
     1,275,878  
     1.9% 
     1,402,601  
     2.3%
  
    Total operating expenses 
     29,072,814  
     44.0% 
     25,791,315  
     42.0%

    Income (loss) from operations 
     3,501,718  
     5.3% 
     3,493,555  
     5.7%
  
    Other income and (expenses) 

    Interest expense 
     (871,355) 
     -1.3% 
     (1,142,166) 
     -1.9%
  
    Interest income 
     1,871,040  
     2.8% 
     1,