ENCINO, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, 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 equi ...

Company Overview - NETSOL Technologies, Inc. is a leader in AI-powered solutions for OEMs, dealerships, and financial institutions, focusing on asset sales, financing, and leasing [1][6] - The company has been at the forefront of technology since its inception in 1996, providing innovative asset finance solutions and leveraging advanced AI and cloud services [6] Strategic Initiatives - NETSOL signed a strategic cooperation agreement with Tianjin Binhai Smart Group Co., Ltd. and the Dongjiang Free Trade Port Zone Government during the SCO Summit [1][2] - The partnership will focus on integrated financial services for the automotive industry and cross-border data services [2] Industry Context - The Shanghai Cooperation Organization (SCO) is a political, economic, and security alliance aimed at promoting cooperation and economic integration across Eurasia [3] - The recent SCO Summit emphasized the importance of the digital economy, artificial intelligence, and emerging digital technologies, highlighting the relevance of NETSOL's initiatives [4] Leadership Statements - The CEO of NETSOL emphasized the company's vision to bridge markets and cultures through technology, reinforcing its role as a global enabler of digital finance [5] - The President of NETSOL China stated that the collaboration marks a significant milestone in uniting technology capabilities with China's industrial strengths, aiming to set new standards for regional cooperation [6]

ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has 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 grow ...

ENCINO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global provider of business services and enterprise application solutions, today announced the continued expansion of its Transcend Finance platform by the financial division of one of China’s largest state-owned automotive manufacturers. This follows the automaker’s strategic acquisition of another domestic finance company, specifically to enhance its wholesale finance operations. The end-to-end deployment was fac ...

The strategic move follows the successful integration of NETSOL's Flex and Dock solutions in August 2024 and marks a significant step in Charles and Dean's commitment to scaling operations and enhancing service delivery.ENCINO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced that Charles and Dean, one of the United Kingdom's leading independent finance brokers, has expanded its adoptio ...

Shares of NetSol Technologies, Inc. (NTWK) have risen 14.4% since the company reported its earnings for the third quarter of fiscal 2025. This compares to the S&P 500 index’s 1.4% gain over the same time frame. Over the past month, the stock has rallied 21.2% compared with the S&P 500’s 15.4% rise.Robust Growth in NTWK’s Revenues and EarningsFor the fiscal third quarter ended March 31, 2025, NetSol Technologies reported a 13% year-over-year increase in total net revenues, reaching $17.5 million compared to ...

ENCINO, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced the appointment of Richard Howard, a distinguished automotive executive with an extensive leadership track record at Daimler Financial Services, to its Advisory Board. While Richard joins NETSOL in the capacity of an Advisory Board Member, his involvement will go far beyond a traditional advisory role. He will play an active part i ...

Group 1 - NETSOL Technologies, Inc. held its Q1 2025 Earnings Conference Call on May 14, 2025, featuring key executives including the CEO and CFO [1][2] - The call included a review of the company's business highlights and financial results, followed by a Q&A session [2] - Management provided necessary cautions regarding forward-looking statements, indicating that actual results may differ from forecasts [3] Group 2 - The company discussed certain non-GAAP measures during the call, with a reconciliation of these measures to the most comparable GAAP measures provided in the press release [4]

NetSol (NTWK) Q3 2025 Earnings Call May 14, 2025 09:00 AM ET Company Participants Patti McGlasson - Senior VP of Legal & Corporate Affairs, Corporate Secretary and General CounselNajeeb Ghauri - Founder, Chairman and Chief Executive OfficerRoger Almond - CFOTodd Felte - SVP - Branch Manager Operator Good morning, and welcome to Netsoul Technologies Fiscal Third Quarter twenty twenty five Earnings Conference Call. On the call today are Najeeb Ghauri, Founder, Chairman and Chief Executive Officer Roger Allman ...

Financial Data and Key Metrics Changes - Total net revenues for Q3 fiscal year 2025 increased by 13% to $17.5 million compared to $15.5 million in Q3 fiscal year 2024 [12] - Services revenue increased by 24% to $9.7 million from $7.8 million in the prior year, driven by a contract amendment for an ongoing implementation project [13] - Subscription, SaaS, and cloud support revenues rose by 10% to $7.9 million compared to $7.1 million in the previous year [13] - Gross profit for the quarter was $8.7 million, representing 50% of total revenues, up from 48% in Q3 fiscal year 2024 [13] - GAAP net income attributable to the company was $1.4 million or $0.12 per diluted share, compared to $328,000 or $0.03 per diluted share in the prior year [14] - Non-GAAP EBITDA for Q3 fiscal year 2025 was $2.2 million or $0.19 per diluted share, compared to $767,000 or $0.07 per diluted share in the prior year [15] Business Line Data and Key Metrics Changes - The company successfully completed a major deployment of its Transcend Finance platform for a financial institution in Australia, expanding its partnership [5] - New multimillion-dollar contracts were signed with financial services providers in Oman and Indonesia, indicating growth in the company's service offerings [6][8] Market Data and Key Metrics Changes - The company is expanding its footprint in the Middle East and Indonesia, with significant contracts signed in these regions [6][8] - The successful implementation of projects in these markets is expected to serve as a model for future collaborations [6] Company Strategy and Development Direction - The company is transitioning towards a recurring revenue model and focusing on innovation, operational efficiency, and long-term value for customers and shareholders [4] - The launch of Transcend AI Labs aims to develop cutting-edge AI solutions tailored for the asset finance and leasing sectors, indicating a strategic shift towards AI [9] - The company is committed to redefining technology to drive smarter decision-making across the financial services ecosystem [8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the momentum carrying into the final quarter of fiscal year 2025 and beyond, highlighting strategic investments in AI [10][19] - The company is focused on sustainable growth and product innovation, with a positive outlook for revenue and profitability [17][19] Other Important Information - The annual meeting for shareholders is scheduled for June 24, 2025, encouraging participation and voting on proposals [18] Q&A Session Summary Question: Expectations for subscription and support revenue growth - Management expects subscription and support revenue to continue growing due to positive trends in SaaS revenue [21] Question: Guidance for revenue and earnings for the next fiscal year - Management indicated that they plan to provide revenue and earnings guidance as they close the year, expressing optimism about future performance [22][23] Question: Plans for investor relations and analyst coverage - Management is currently satisfied with in-house investor relations but will consider external options in the next fiscal year [24]