Slide 1: NETSOL Technologies reports record quarterly revenue and 13% year-over-year growth in Q3 fiscal 2026
May 14, 2026 NETSOL Technologies reports record quarterly revenue and 13% year-over-year growth in Q3 fiscal 2026 ENCINO, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial instit
Slide 2: Financial Results
GAAP net income attributable to NETSOL was $1.3 million or $0.11 per diluted share, compared with $1.4 million or $0.12 per diluted share, in the prior-year period. Non-GAAP EBITDA was $3.4 million, compared with $2.3 million in the prior-year period (see note regarding “Use of Non-GAAP Financial Me
Slide 3: Management Commentary: Transcend Platform
unified, AI-enabled Transcend Platform and the long-term value we are creating as we extend our reach across asset finance and digital retail.” “The recognition of the one-time license investment associated with our four-year, $50 million contract extension with a tier-one customer of over 30 years
Slide 4: Investor Relations Contact
A live webcast of the conference call will be availablehere. Information about the webcast will also be available on the Investor Relations section of NETSOL’s website at www.netsoltech.com. Telephone Replay Telephone replays will be made available approximately 3 hours after conference end time. Re
Slide 5: Consolidated Balance Sheets
follow. Investor Relations Contact: Investor Relations (818) 222-9195 investors@netsoltech.com NETSOL Technologies, Inc. and Subsidiaries Schedule 1: Consolidated Balance Sheets As of As of ASSETS March 31, 2026 June 30, 2025 Current assets: Cash and cash equivalents $ 14,744,392 $ 17,357,944 Accoun
Slide 6: Net Revenues
Ended March 31, Ended March 31, 2026 2025 2026 2025 Net Revenues: License fees $ 4,728,411 $ 1,198 $ 4,918,118 $ 75,115 Subscription and support 8,810,115 7,888,360 26,850,453 24,723,460 Services 6,294,117 9,654,399 21,884,473 22,880,541 Total net revenues 19,832,643 17,543,957 53,653,044 47,679,116
Slide 7: Cash Flows
Accounts receivable (9,180,034) 6,408,397 Revenues in excess of billing (1,611,662) (1,411,983) Other current assets 936,453 (344,493) Accounts payable and accrued expenses 123,872 (1,136,533) Unearned revenue 6,437,518 (6,646,170) Net cash provided by (used in) operating activities (785,350) 6,315
Slide 8: Adjusted EBITDA Reconciliation
(a)The reconciliation of adjusted EBITDA of non-controlling interest to net income attributable to non-controlling interest is as follows Net Income (loss) attributable to non-controlling interest $ 1,013,664 $ 410,462 $ 1,868,869 $ 518,212 Income Taxes 139,102 41,891 274,702 214,892 Depreciation an