Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1634

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9
Chunk 1634
---
    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  
     25.5%
  
    BMW Financial 
    $10,671,666  
     16.1% 
    $4,334,024  
     7.1%

The
following table describes the receivables from major customers:

    As of  
    As of 

    June
    30, 2025  
    June
    30, 2024 
  
    Accounts Receivable 

    Daimler Financial
    Services 
    $1,268,847  
    $538,648 
  
    BMW Financial 
    $850,319  
    $505,875 

    Revenue in Excess of Billing 

    Daimler Financial Services 
    $489,208  
    $892,109 
  
    BMW Financial 
    $2,303,982  
    $1,419,997 

NOTE
6 - OTHER CURRENT ASSETS 

Other
current assets consisted of the following:

 SCHEDULE OF OTHER CURRENT ASSETS

    As