Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 506

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1C
Chunk 506
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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% 
     1,911,258  
     3.1%
  
    Gain (loss) on foreign currency exchange transactions 
     1,301,613  
     2.0% 
     (1,187,320) 
     -1.9%
  
    Other income 
     244,241  
     0.4% 
     148,120  
     0.2%
  
    Total other income (expenses) 
     2,545,539  
     3.9% 
     (270,108) 
     -0.4%

    Net income before income taxes 
     6,047,257  
     9.2% 
     3,223,447  
     5.3%
  
    Income tax provision 
     (1,476,338) 
     -2.2% 
     (1,145,518) 
     -1.9%
  
    Net income 
     4,570,919  
     6.9% 
     2,077,929  
     3.