Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 143

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 143
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     363,503  
     391,290  
     1,102,085  
     1,351,239 
  
    Interest expense 
     194,742  
     289,677  
     689,347  
     856,016 
  
    Interest
    (income) 
     (294,655) 
     (376,466) 
     (1,593,594) 
     (1,259,464)
  
    EBITDA 
    $2,249,354  
    $766,940  
    $1,776,536  
    $2,956,056 
  
    Add back: 

    Non-cash
    stock-based compensation 
     39,750  
     149,088  
     134,884  
     260,875 
  
    Adjusted EBITDA, gross 
    $2,289,104  
    $916,028  
    $1,911,420  
    $3,216,931 
  
    Less non-controlling interest
    (a) 
     (510,908) 
     (106,480) 
     (718,218) 
     (1,216,091)
  
    Adjusted EBITDA, net 
    $1,778,196  
    $809,548  
    $1,193,202  
    $2,000,840 

    Weighted Average number of shares outstanding 

    Basic 
     11,683,408  
     11,390,888  
     11,531,365  
     11,369,778 
  
    Diluted 
     11,683,408  
     11,430,493  
     11,531,365  
     11,409,383 

    Basic adjusted EBITDA 
    $0.15  
    $0.07  
    $0.10  
    $0.18 
  
    Diluted adjusted EBITDA 
    $0.15  
    $0.07  
    $0.10  
    $0.18 

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