Netsol Technologies Past Earnings Performance
Past criteria checks 2/6
Netsol Technologies has been growing earnings at an average annual rate of 15%, while the Software industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 13.4% per year. Netsol Technologies's return on equity is 5%, and it has net margins of 5.1%.
Key information
15.0%
Earnings growth rate
15.7%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 13.4% |
| Return on equity | 5.0% |
| Net Margin | 5.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Netsol Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 9,432 | 483 | 2,253 | 0 |
| 31 Dec 23 | 9,212 | 1,812 | 2,189 | 0 |
| 30 Sep 23 | 8,358 | 1,102 | 2,162 | 0 |
| 30 Jun 23 | 7,788 | 1,038 | 2,146 | 0 |
| 31 Mar 23 | 7,144 | 1,291 | 2,005 | 0 |
| 31 Dec 22 | 6,663 | 97 | 1,903 | 0 |
| 30 Sep 22 | 6,686 | 828 | 1,746 | 0 |
| 30 Jun 22 | 6,185 | 872 | 1,559 | 0 |
| 31 Mar 22 | 5,941 | 975 | 1,508 | 0 |
| 31 Dec 21 | 5,557 | 647 | 1,407 | 0 |
| 30 Sep 21 | 5,085 | 260 | 1,347 | 0 |
| 30 Jun 21 | 4,948 | 193 | 1,308 | 0 |
| 31 Mar 21 | 4,582 | 172 | 1,197 | 0 |
| 31 Dec 20 | 4,499 | 553 | 1,177 | 0 |
| 30 Sep 20 | 4,506 | 365 | 1,199 | 0 |
| 30 Jun 20 | 4,708 | 36 | 1,223 | 0 |
| 31 Mar 20 | 5,081 | 345 | 1,432 | 0 |
| 31 Dec 19 | 5,358 | 332 | 1,457 | 0 |
| 30 Sep 19 | 5,477 | 939 | 1,439 | 0 |
| 30 Jun 19 | 5,390 | 1,267 | 1,418 | 0 |
| 31 Mar 19 | 5,097 | 706 | 1,413 | 0 |
| 31 Dec 18 | 4,949 | 1,110 | 1,433 | 0 |
| 30 Sep 18 | 4,682 | 1,030 | 1,378 | 0 |
| 30 Jun 18 | 4,285 | 1,007 | 1,298 | 0 |
| 31 Mar 18 | 3,585 | 850 | 1,096 | 0 |
| 31 Dec 17 | 3,426 | 346 | 1,057 | 0 |
| 30 Sep 17 | 3,634 | 3 | 1,079 | 0 |
| 30 Jun 17 | 3,926 | -4 | 1,105 | 0 |
| 31 Mar 17 | 4,706 | 313 | 1,057 | 0 |
| 31 Dec 16 | 4,561 | 208 | 992 | 0 |
| 30 Sep 16 | 4,328 | 255 | 918 | 0 |
| 30 Jun 16 | 4,074 | 130 | 859 | 0 |
| 31 Mar 16 | 4,028 | 284 | 743 | 0 |
| 31 Dec 15 | 3,901 | 268 | 692 | 0 |
| 30 Sep 15 | 3,554 | -1 | 686 | 0 |
| 30 Jun 15 | 3,317 | -129 | 711 | 0 |
| 31 Mar 15 | 2,975 | -602 | 817 | 0 |
| 31 Dec 14 | 2,606 | -896 | 801 | 0 |
| 30 Sep 14 | 2,350 | -905 | 750 | 0 |
| 30 Jun 14 | 2,347 | -583 | 709 | 0 |
| 31 Mar 14 | 2,551 | 150 | 639 | 0 |
| 31 Dec 13 | 2,885 | 777 | 591 | 0 |
| 30 Sep 13 | 3,168 | 1,273 | 565 | 0 |
| 30 Jun 13 | 2,997 | 1,175 | 516 | 0 |
Quality Earnings: NETSOL has high quality earnings.
Growing Profit Margin: NETSOL's current net profit margins (5.1%) are lower than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NETSOL's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: NETSOL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NETSOL had negative earnings growth (-62.6%) over the past year, making it difficult to compare to the Software industry average (13.9%).
Return on Equity
High ROE: NETSOL's Return on Equity (5%) is considered low.