Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1606

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9
Chunk 1606
---
auri

    Chief Executive Officer

    Director, Chairman

    Date: 
    September 29, 2025
    BY:
    /S/ROGER K. ALMOND

    Roger K. Almond

    Chief Financial Officer

    Principal Accounting Officer

    Date: 
    September 29, 2025 
    BY:
    /S/ MARK CATON

    Mark Caton

    Director

    Date: 
    September 29, 2025 
    BY:
    /S/ MALEA FARSAI

    Malea Farsai

    Director

    Date: 
    September 29, 2025 
    BY:
    /S/ Ian
    Smith

    Ian Smith

    Director

    Date:
     September 29, 2025 
    BY:
    /S/ KAUSAR KAZMI

    Kausar Kazmi

    Director

52

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES

INDEX
TO CONSOLIDATED FINANCIAL STATEMENTS

    Description
     
    Page

    Report of Independent Registered Public Accounting Firm
     
    F-2

    Financial
    Statements

    Consolidated Balance Sheets as of June 30, 2025 and 2024
     
    F-3

    Consolidated Statements of Operations and Comprehensive Income (Loss) for the Years Ended June 30, 2025 and 2024
     
    F-4

    Consolidated Statement of Equity for the Years Ended June 30, 2025 and 2024
     
    F-6

    Consolidated Statements of Cash Flows for the Years Ended June 30, 2025 and 2024
     
    F-8

    Notes to Consolidated Financial Statements
     
    F-10

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To
the Shareholders and Board of Directors of NetSol Technologies, Inc.

Opinion
on the Financial Statements

We
have audited the accompanying consolidated balance sheets of NetSol Technologies, Inc. (the “Company”) and its subsidiaries
as of June 30, 2025 and 2024, and the related consolidated statements of operations and comprehensive loss, changes in stockholders’
equity, and cash flows for the years then ended, and the related notes (collectively referred