Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$4.70, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 30x in the Software industry in the US. Total returns to shareholders of 112% over the past three years. Reported Earnings • May 17
Third quarter 2026 earnings released: EPS: US$0.11 (vs US$0.12 in 3Q 2025) Third quarter 2026 results: EPS: US$0.11 (down from US$0.12 in 3Q 2025). Revenue: US$19.8m (up 13% from 3Q 2025). Net income: US$1.30m (down 8.6% from 3Q 2025). Profit margin: 6.6% (down from 8.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • May 15
NetSol Technologies, Inc. Reaffirms Revenue Guidance for the Full-Year Fiscal 2026 NetSol Technologies, Inc. reaffirmed revenue guidance for the full-year fiscal 2026. For the year, the company expected revenue of $73 million. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$4.16, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 29x in the Software industry in the US. Total returns to shareholders of 82% over the past three years. Annonce • May 01
NetSol Technologies, Inc., Annual General Meeting, Jun 18, 2026 NetSol Technologies, Inc., Annual General Meeting, Jun 18, 2026. Location: 16000 ventura blvd., suite 770, ca 91436., encino United States Reported Earnings • Feb 15
Second quarter 2026 earnings released: EPS: US$0.021 (vs US$0.10 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.021 (up from US$0.10 loss in 2Q 2025). Revenue: US$18.8m (up 21% from 2Q 2025). Net income: US$246.8k (up US$1.39m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$3.04, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 27x in the Software industry in the US. Total returns to shareholders of 3.1% over the past three years. New Risk • Feb 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (US$45.9m market cap). New Risk • Dec 31
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (US$35.3m market cap). New Risk • Nov 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (US$33.4m market cap). Reported Earnings • Nov 14
First quarter 2026 earnings released: US$0.20 loss per share (vs US$0.006 profit in 1Q 2025) First quarter 2026 results: US$0.20 loss per share (down from US$0.006 profit in 1Q 2025). Revenue: US$15.0m (up 2.8% from 1Q 2025). Net loss: US$2.36m (down US$2.43m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to US$2.97, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 32x in the Software industry in the US. Total loss to shareholders of 4.4% over the past three years. Annonce • Oct 09
Netsol Technologies, Inc. Launches Check Ai: an Ai-Native Credit Decisioning Engine NETSOL Technologies, Inc. announced the launch of Check AI - its next-generation AI-powered credit decisioning engine designed to revolutionize the credit underwriting process. Built as an AI-native solution and part of the company's Transcend Finance platform, Check AI streamlines and enhances the credit evaluation lifecycle by automating manual tasks, accelerating decision times and improving underwriting accuracy. From gathering data across multiple sources to processing documents and performing in-depth financial analysis, Check AI empowers credit and funding analysts to work smarter, faster and with greater precision. At the heart of Check AI is a powerful combination of deep reasoning, intelligent automation and agentic workflows - enabling the system to turn data into actionable credit decisions in real-time. Unlike traditional decisioning tools, Check AI doesn't just aggregate data; it interprets it. One of its standout features is the ability to generate comprehensive, AI-driven research reports. These reports go far beyond surface-level insights, suggesting optimized finance structures, trend forecasting and risk profiling - synthesized from diverse inputs including financial statements, credit histories, market indicators and more. While Check AI automates and accelerates underwriting, it also embraces a human-in-the-loop approach, ensuring critical oversight at every stage of the decision-making process. This safeguards against bias, supports regulatory compliance and maintains high levels of accuracy and fairness. Through an intuitive chat interface, analysts can interact directly with the AI, asking questions, reviewing insights and refining outcomes in real-time. NETSOL will be demonstrating Check AI at the Auto Finance Summit in Las Vegas from October 15-17, 2025, at Booth 132. Recent Insider Transactions Derivative • Oct 02
Chief Financial Officer notifies of intention to sell stock Roger Almond intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of October. If the sale is conducted around the recent share price of US$5.12, it would amount to US$128k. Since June 2025, Roger has owned 20.74k shares directly. Company insiders have collectively bought US$244k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Sep 29
Full year 2025 earnings released: EPS: US$0.25 (vs US$0.06 in FY 2024) Full year 2025 results: EPS: US$0.25 (up from US$0.06 in FY 2024). Revenue: US$66.1m (up 7.6% from FY 2024). Net income: US$2.92m (up 328% from FY 2024). Profit margin: 4.4% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • Jul 17
NETSOL Technologies, Inc. Announces the Successful Go-Live of its Transcend Finance Platform for a Leading Chinese Leasing Company NETSOL Technologies, Inc. has announced the successful go-live of its Transcend Finance platform for a leading Chinese leasing company, marking the customer's official launch of operations in the Indonesian market. The customer, known for offering a wide range of leasing solutions across sectors including equipment leasing, asset financing and commercial leasing, has deployed NETSOL's Transcend Finance for its retail operations, comprising Omni Point of Sale (Omni POS) and Contract Management System (CMS), alongside a customized funding system designed to support their unique operational needs in Indonesia. This go-live marks the completion of a greenfield implementation, enabling the customer to build entirely new processes free of legacy constraints. The solution is fully Indonesia-ready, aligned with local regulatory and operational standards, and was delivered without the need for any data migration from prior systems. Annonce • Jul 08
Netsol Technologies, Inc. Appoints Ian Smith to Its Board of Directors, Effective July 1, 2025 NetSol Technologies, Inc. announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic growth. Most notably, he served as Chief Executive Officer for BMW Group Financial Services – USA and the Americas from 2017 to 2021, where he was responsible for a balance sheet exceeding $50 billion and an annual net operating income of over $600 million. During his extensive career with the BMW Group, Mr. Smith held a variety of executive roles, driving innovation and scale across diverse markets. He is currently the President of MIP, Inc., a medical textiles company operating internationally and is an Executive Advisor and Coach for PEO Leadership, a peer group leadership program for Presidents and CEO’s. Ian also served as an Advisory Board Member for Spring Free EV, a fintech company focused on sustainable mobility solutions. Mr. Smith’s qualifications span several international institutions, including a Certificate in Company Direction from the Institute of Directors and a Postgraduate Certificate from Edinburgh Business School, highlighting his commitment to lifelong learning and governance excellence. With Mr. Smith’s appointment, NETSOL strengthens its leadership bench with a Board Member whose strategic foresight and global business acumen are poised to significantly contribute to the company’s long-term growth and shareholder value. Board Change • Jun 29
High number of new directors Member of the Advisory Board Richard Howard was the last director to join the board, commencing their role in 2025. Reported Earnings • May 15
Third quarter 2025 earnings released: EPS: US$0.12 (vs US$0.029 in 3Q 2024) Third quarter 2025 results: EPS: US$0.12 (up from US$0.029 in 3Q 2024). Revenue: US$17.5m (up 13% from 3Q 2024). Net income: US$1.42m (up 335% from 3Q 2024). Profit margin: 8.1% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • May 02
NetSol Technologies, Inc., Annual General Meeting, Jun 24, 2025 NetSol Technologies, Inc., Annual General Meeting, Jun 24, 2025. Location: 16000 ventura blvd, suite 770, ca 91436, encino United States Annonce • Mar 13
NETSOL Technologies, Inc. Unveils Transcend AI Labs Focused on Building AI Solutions for the Asset Retail and Finance Industry NETSOL Technologies, Inc. has announced the launch of Transcend AI Labs. This new AI innovation hub empowers automotive and equipment OEMs, dealerships and financiers with AI-driven innovation, automation and consulting services for a competitive edge. Transcend AI Labs is focused on product enhancements and AI consulting services. The Transcend AI Labs launch features an interactive AI Assistant and Intelligent Document Processing (IDP) designed to boost efficiencies and enhance decision-making. These solutions are available as standalone tools or as integrated components within the Transcend platform, seamlessly fitting into existing workflows. The AI Assistant is designed to provide support throughout the asset finance lifecycle, assisting customers and internal teams with instant responses, process guidance and intelligent recommendations. This enhancement is designed to increase operational efficiency while providing a more intuitive and responsive customer experience. Intelligent Document Processing (IDP). automates the extraction, classification and validation of data from financial and legal documents. It accelerates workflows, improves accuracy and enables better decision-making across multiple business functions. Beyond document analysis, IDP integrates advanced analytics to provide insights into cash flows, credit history and risk factors, enhancing credit underwriting and real-time decision-making. RoleFit AI has also been introduced as a product of Transcend AI Labs. It is an AI-powered resume grader with the ability to auto-generate job descriptions and grade resumes in bulk - ultimately saving hours on recruitment. RoleFit AI started as an internal project developed to support NETSOL's Human Capital Division (HR department). After seeing its effectiveness in-house, the company decided to refine and expand it, making it accessible to the general public to use and test free of cost. With the unveiling of Transcend AI Labs, NETSOL has expanded their team providing advanced AI consulting services designed to help organizations innovate, automate and solve complex challenges using advanced technology. From AI model development to custom implementations, it delivers AI-driven transformation to every aspect of a business, offering a comprehensive suite of advanced AI services tailored to meet the unique challenges of industries ranging from finance, banking, fintech, insurance, auto finance, retail and beyond. Further independent AI solutions are currently in development. These upcoming innovations will empower businesses with more advanced, intuitive and customizable tools designed to tackle a wide range of challenges. Reported Earnings • Feb 14
Second quarter 2025 earnings released: US$0.10 loss per share (vs US$0.036 profit in 2Q 2024) Second quarter 2025 results: US$0.10 loss per share (down from US$0.036 profit in 2Q 2024). Revenue: US$15.5m (up 2.0% from 2Q 2024). Net loss: US$1.15m (down 381% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Recent Insider Transactions Derivative • Dec 19
Co-Founder exercised options to buy US$67k worth of stock. On the 17th of December, Naeem Ghauri exercised options to buy 25k shares at a strike price of around US$2.15, costing a total of US$54k. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. Since December 2023, Naeem's direct individual holding has increased from 422.87k shares to 447.87k. Company insiders have collectively bought US$166k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Dec 06
Co-Founder exercised options to buy US$69k worth of stock. On the 3rd of December, Naeem Ghauri exercised options to buy 25k shares at a strike price of around US$2.15, costing a total of US$54k. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. Since December 2023, Naeem's direct individual holding has increased from 422.87k shares to 472.87k. Company insiders have collectively bought US$112k more than they sold, via options and on-market transactions, in the last 12 months. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$2.58, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 39% over the past three years. Reported Earnings • Nov 15
First quarter 2025 earnings released: EPS: US$0.006 (vs US$0.003 in 1Q 2024) First quarter 2025 results: EPS: US$0.006 (up from US$0.003 in 1Q 2024). Revenue: US$14.6m (up 2.5% from 1Q 2024). Net income: US$70.8k (up 129% from 1Q 2024). Profit margin: 0.5% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Recent Insider Transactions Derivative • Oct 25
Co-Founder exercised options to buy US$95k worth of stock. On the 24th of October, Najeeb Ghauri exercised options to buy 30k shares at a strike price of around US$2.15, costing a total of US$65k. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. Since June 2024, Najeeb has owned 863.36k shares directly. Company insiders have collectively bought US$37k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Oct 01
Full year 2024 earnings released: EPS: US$0.06 (vs US$0.47 loss in FY 2023) Full year 2024 results: EPS: US$0.06 (up from US$0.47 loss in FY 2023). Revenue: US$61.4m (up 17% from FY 2023). Net income: US$683.9k (up US$5.93m from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Annonce • Oct 01
NetSol Technologies, Inc. to Report Q4, 2024 Results on Oct 01, 2024 NetSol Technologies, Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Oct 01, 2024 Annonce • May 17
NetSol Technologies, Inc. announced delayed 10-Q filing On 05/15/2024, NetSol Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annonce • Apr 27
NetSol Technologies, Inc. to Report Q3, 2024 Results on May 09, 2024 NetSol Technologies, Inc. announced that they will report Q3, 2024 results on May 09, 2024 Annonce • Apr 23
NetSol Technologies, Inc., Annual General Meeting, Jun 13, 2024 NetSol Technologies, Inc., Annual General Meeting, Jun 13, 2024, at 10:00 Pacific Daylight. Location: NetSol Technologies, Inc. 16000 Ventura Blvd., Suite 770 Encino California United States Agenda: To consider and vote on the election of directors, each to hold office for a term of one year ending in 2024 or when their successors are elected; to approve, on an advisory basis, Named Executive Officer Compensation in this Proxy Statement; to consider and vote upon the ratification of the appointment of BF Borgers CPA PC as the Company’s independent auditors for the fiscal year 2024; and to consider such other matters as may properly come before the Annual Meeting. Recent Insider Transactions Derivative • Mar 22
Chief Financial Officer notifies of intention to sell stock Roger Almond intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of March. If the sale is conducted around the recent share price of US$3.02, it would amount to US$91k. Since June 2023, Roger has owned 30.00k shares directly. Company insiders have collectively bought US$111k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Feb 14
Second quarter 2024 earnings released: EPS: US$0.036 (vs US$0.19 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.036 (up from US$0.19 loss in 2Q 2023). Revenue: US$15.2m (up 23% from 2Q 2023). Net income: US$408.3k (up US$2.50m from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Annonce • Feb 02
NetSol Technologies, Inc. Announces Major Updates on Otoz Platform and Recent Traction with Key Automotive Clients NetSol Technologies, Inc. announced major updates on its digital retail and mobility technology platform, Otoz, and the latest traction achieved with two key automotive clients, MINI USA and AutoNation. NETSOL Technologies has officially unveiled Otoz 2.0 after implementing major updates to the digital retail and mobility technology platform. The white-label solution is tailored to leading automotive industry stakeholders including OEMs, dealerships, finance providers, and startups. At the forefront of this advancement is the debut of an API-first product ecosystem, Appex Now, NETSOL's marketplace offering that caters to the global finance industry with turnkey API-first solutions. Through Appex Now's Hubex API product, collaborations with major dealer management systems (DMS) providers, customer relationship management systems (CRMs), and finance drivers are now available. The modular and headless architecture of Otoz 2.0 will empower partners to rearrange process flows and innovate without implementing code modifications. The Otoz dashboard for dealers and administrators will undergo substantial enhancements. In the last 12 months, the program has more than doubled dealer enrollments now active across nearly two-thirds of the MINI USA dealership network, enabling an unprecedented 5x increase of lead volume and vehicle sales, and an impressive 20% lead conversion rate on average. The program continues to roll out across the network. This service allows customers to navigate through the process of vehicle selection, deal configuration, and transaction finalization with ease and transparency. The Micro Lease marketplace is currently available in California and Florida, with plans for further expansion. Otoz 2.0 is powered by the robust, API-first ecosystem of NETSOL's AppexNow marketplace, built with a headless architecture and flexible backend design that allows for seamless updates and integration, providing a highly customizable and modular experience. Its comprehensive suite of functionalities within Otoz 2.0 are designed to streamline customer onboarding, service workflows, vehicle delivery, and return processes. These features are vital for facilitating interactions among AutoNation Mobility's operations team, dealers, and customers, thereby guaranteeing an exceptional customer experience. Annonce • Feb 01
NetSol Technologies, Inc. to Report Q2, 2024 Results on Feb 13, 2024 NetSol Technologies, Inc. announced that they will report Q2, 2024 results on Feb 13, 2024 Annonce • Jan 16
NetSol Technologies, Inc. Appoints Jason Hurwitz as Sales Director of Europe NETSOL Technologies, Inc. announced the appointment of Jason Hurwitz as Sales Director of Europe. In this pivotal role, he will be responsible for driving the sales strategy and fostering growth across NETSOL's innovative portfolio of products and services for the European region. With an impressive background in the banking sector, Mr. Hurwitz brings a wealth of expertise to NETSOL Technologies. Most recently, Mr. Hurwitz worked with Aldermore Bank for nearly six years, where he was the product lead for a large group wide transformation program. He also led strategy, innovation, commercial insights, tech transformation, and growth initiatives for Aldermore’s SME lending division, with a particular focus on asset finance, working closely with MotoNovo Finance, Aldermore’s motor finance business. Prior to his roles at Aldermore, Mr. Hurwitz worked at Close Brothers Asset Finance for five years where he led several sales transformation programs, and facilitated strategic relationship development, growth initiatives and long-term strategy development. Mr. Hurwitz also has experience as a business founder and entrepreneur, providing him with unique insights into end customer value in SME lending and banking. He began his career as an investment banker in the equity derivatives division at UBS. Annonce • Nov 29
NetSol Technologies, Inc. Appoints Erik Wagner as Chief Marketing Officer NETSOL Technologies announced the appointment of Erik Wagner as its first Chief Marketing Officer (CMO). This strategic move underscores NETSOL’s commitment to bolstering its global marketing initiatives and driving further growth in its specialized sectors. Wagner brings a wealth of experience, with over 16 years in the marketing field at growth-oriented companies. After seven years leading client services for Volacci, Erik joined Lifesize, a SaaS video conferencing company where he oversaw global demand generation and the launch of Lifesize Cloud, which grew to over a thousand customers during his tenure. Following this, he led marketing at FFW, a global digital agency, catalyzing significant growth and market expansion that preceded its acquisition by Celine Sieben Digital. Erik then held the position of Head of Growth at Onclusive, a public relations analytics SaaS startup. The company grew at a rapid rate and was acquired by STG Partners towards the end of his tenure. Most recently at Plivo, a SaaS company specializing in communication APIs, Erik's marketing strategies helped fuel dramatic growth, earning a place on the 2023 Inc. 5000 list of the fastest-growing companies in the United States. Reported Earnings • Nov 09
First quarter 2024 earnings released: EPS: US$0.003 (vs US$0.055 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.003 (up from US$0.055 loss in 1Q 2023). Revenue: US$14.2m (up 12% from 1Q 2023). Net income: US$30.9k (up US$651.6k from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (US$20.5m market cap). Annonce • Oct 25
NetSol Technologies, Inc. to Report Q1, 2024 Results on Nov 07, 2023 NetSol Technologies, Inc. announced that they will report Q1, 2024 results on Nov 07, 2023 New Risk • Oct 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (US$20.5m market cap). Reported Earnings • Sep 23
Full year 2023 earnings released: US$0.47 loss per share (vs US$0.076 loss in FY 2022) Full year 2023 results: US$0.47 loss per share (further deteriorated from US$0.076 loss in FY 2022). Revenue: US$52.4m (down 8.5% from FY 2022). Net loss: US$5.24m (loss widened US$4.39m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Annonce • Sep 13
NetSol Technologies, Inc. to Report Q4, 2023 Results on Sep 22, 2023 NetSol Technologies, Inc. announced that they will report Q4, 2023 results on Sep 22, 2023 Reported Earnings • May 13
Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.025 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.23 (up from US$0.025 loss in 3Q 2022). Revenue: US$13.5m (down 8.8% from 3Q 2022). Net income: US$2.54m (up US$2.82m from 3Q 2022). Profit margin: 19% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 14
Second quarter 2023 earnings released: US$0.19 loss per share (vs US$0.13 profit in 2Q 2022) Second quarter 2023 results: US$0.19 loss per share (down from US$0.13 profit in 2Q 2022). Revenue: US$12.4m (down 20% from 2Q 2022). Net loss: US$2.09m (down 249% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Annonce • Feb 03
NetSol Technologies, Inc. to Report Q2, 2023 Results on Feb 14, 2023 NetSol Technologies, Inc. announced that they will report Q2, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
First quarter 2023 earnings released: US$0.055 loss per share (vs US$0.017 profit in 1Q 2022) First quarter 2023 results: US$0.055 loss per share (down from US$0.017 profit in 1Q 2022). Revenue: US$12.7m (down 5.3% from 1Q 2022). Net loss: US$620.7k (down 430% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Syed Kazmi was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 12
First quarter 2023 earnings released: US$0.055 loss per share (vs US$0.017 profit in 1Q 2022) First quarter 2023 results: US$0.055 loss per share (down from US$0.017 profit in 1Q 2022). Revenue: US$12.7m (down 5.3% from 1Q 2022). Net loss: US$620.7k (down 430% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 27
Full year 2022 earnings released: US$0.076 loss per share (vs US$0.15 profit in FY 2021) Full year 2022 results: US$0.076 loss per share (down from US$0.15 profit in FY 2021). Revenue: US$57.2m (up 4.2% from FY 2021). Net loss: US$851.2k (down 148% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Syed Kazmi was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Syed Kazmi was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 13
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: US$0.025 loss per share (up from US$0.055 loss in 3Q 2021). Revenue: US$14.8m (up 7.4% from 3Q 2021). Net loss: US$278.5k (loss narrowed 55% from 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 250%. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 16
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: US$0.13 (up from US$0.021 loss in 2Q 2021). Revenue: US$15.5m (up 18% from 2Q 2021). Net income: US$1.41m (up US$1.65m from 2Q 2021). Profit margin: 9.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jan 14
Co-Founder recently sold US$165k worth of stock On the 11th of January, Naeem Ghauri sold around 40k shares on-market at roughly US$4.12 per share. This was the largest sale by an insider in the last 3 months. This was Naeem's only on-market trade for the last 12 months. Reported Earnings • Nov 13
First quarter 2022 earnings released: EPS US$0.017 (vs US$0.061 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: US$13.4m (up 6.1% from 1Q 2021). Net income: US$188.0k (down 74% from 1Q 2021). Profit margin: 1.4% (down from 5.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improved over the past week After last week's 20% share price gain to US$5.64, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 53x in the Software industry in the US. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 18% share price gain to US$4.57, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 54x in the Software industry in the US. Total loss to shareholders of 41% over the past three years. Reported Earnings • Sep 29
Full year 2021 earnings released: EPS US$0.15 (vs US$0.08 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: US$54.9m (down 2.6% from FY 2020). Net income: US$1.78m (up 90% from FY 2020). Profit margin: 3.2% (up from 1.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 28% share price gain to US$4.83, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 48x in the Software industry in the US. Total loss to shareholders of 25% over the past three years. Reported Earnings • May 14
Third quarter 2021 earnings released: US$0.055 loss per share (vs US$0.085 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$13.8m (up 1.9% from 3Q 2020). Net loss: US$623.2k (down 162% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 25% share price gain to US$5.40, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 53x in the Software industry in the US. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$3.95, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 52x in the Software industry in the US. Total loss to shareholders of 14% over the past three years. Reported Earnings • Feb 18
Second quarter 2021 earnings released: US$0.021 loss per share (vs US$0.05 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$13.1m (down 16% from 2Q 2020). Net loss: US$242.1k (down 141% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year. Is New 90 Day High Low • Feb 13
New 90-day high: US$5.25 The company is up 94% from its price of US$2.70 on 13 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improved over the past week After last week's 18% share price gain to US$5.25, the stock is trading at a trailing P/E ratio of 17.7x, up from the previous P/E ratio of 15x. This compares to an average P/E of 58x in the Software industry in the US. Total returns to shareholders over the past three years are 14%. Is New 90 Day High Low • Jan 26
New 90-day high: US$4.81 The company is up 84% from its price of US$2.62 on 27 October 2020. The American market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: US$3.99 The company is up 37% from its price of US$2.91 on 08 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: US$3.82 The company is up 40% from its price of US$2.73 on 11 September 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 17% share price gain to US$3.48, the stock is trading at a trailing P/E ratio of 11.8x, up from the previous P/E ratio of 10x. This compares to an average P/E of 58x in the Software industry in the US. Total return to shareholders over the past three years is a loss of 22%. Is New 90 Day High Low • Nov 26
New 90-day high: US$3.10 The company is up 5.0% from its price of US$2.94 on 27 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 1.0% over the same period.