Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1455

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 7A
Chunk 1455
---
  
    $1,355,509  
    $1,382,770 

    F-37

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

The
following tables present financial information by reportable segment for the year ended June 30, 2024:

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 

    For
    the Year Ended 

    June
    30, 2024 

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 
  
    Revenues 

    License 
    $-  
    $112,524  
    $5,337,467  
    $5,449,991 
  
    Subscription
    and support 
     4,693,618  
     3,383,312  
     19,875,838  
     27,952,768 
  
    Services 
     1,240,179  
     8,471,966  
     18,278,187  
     27,990,332 
  
    Intersegment
    revenues 
     -   
     -   
     3,061,465  
     3,061,465 
  
    Total
    revenue from reportable segments 
    $5,933,797  
    $11,967,802  
    $46,552,957  
    $64,454,556 
  
    Elimination
    of intersegment revenues 
     -   
     -   
     -   
     (3,061,465)
  
    Total
    consolidated revenues 

    $61,393,091 

    Revenues
    from reportable segments 
    $5,933,797  
    $11,967,802  
    $46,552,957  
    $64,454,556 

    Salaries
    and consultants 
     1,658,561  
     3,734,833  
     18,229,513  
     23,622,907 
  
    Travel 
     23,890  
     191,306  
     2,728