Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 72

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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506  
    $(377,684) 
    $2,300,903 
  
    Less non-controlling interest (a) 
     (61,529) 
     (710,171) 
     (207,310) 
     (1,109,611)
  
    Adjusted EBITDA, net 
    $(788,867) 
    $725,335  
    $(584,994) 
    $1,191,292 

    Weighted Average number of shares outstanding 

    Basic 
     11,484,298  
     11,372,819  
     11,456,996  
     11,359,338 
  
    Diluted 
     11,484,298  
     11,372,819  
     11,456,996  
     11,359,338 

    Basic adjusted EBITDA 
    $(0.07) 
    $0.06  
    $(0.05) 
    $0.10 
  
    Diluted adjusted EBITDA 
    $(0.07) 
    $0.06  
    $(0.05) 
    $0.10 

    (a)The reconciliation of adjusted EBITDA of non-controlling interest to net income attributable to non-controlling interest is as follows 

    Net Income (loss) attributable to non-controlling interest 
    $(39,164) 
    $574,499  
    $107,750  
    $834,672 
  
    Income Taxes 
     102,414  
     75,407  
     173,001  
     111,784 
  
    Depreciation and amortization 
     92,546  
     109,765  
     181,681  
     251,116 
  
    Interest expense 
     68,636  
     91,295  
     147,828  
     177,184 
  
    Interest (income) 
     (165,365) 
     (144,578) 
     (408,012) 
     (272,669)
  
    EBITDA 
    $59,067  
    $706,388  
    $202,248  
    $1,102,087 
  
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