Double digit growth in subscription and support revenues in 2Q’25Total service revenue increased 26% in 2Q’2545% gross margins in 2Q’25Cash and cash equivalents increased to $21.3 million ENCINO, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the second fiscal quarter and six months ended December 31, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL Techn ...

ENCINO, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Thursday, February 13, 2025, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal second quarter of 2025 ended December 31, 2024. Following the call, management will host a question-and-answer session. Date: Thursday, February 13, 2025Time: 9:00 a.m. Eastern Time (6:00 ...

ENCINO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and asset finance solutions provider, has announced the go-live of its Transcend Finance Platform for a leading Japanese equipment finance company in Australia. NETSOL announced a multi-million dollar agreement with this customer in February 2023 for the implementation of NETSOL's Transcend Finance, which includes Omni Point-of-Sale (Omni POS) and Contract Management System (CMS) soutions. T ...

ENCINO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, has announced the go-live of its Transcend Finance Platform for a leading Japanese equipment finance company in Australia. NETSOL announced a multi-million dollar agreement with this customer in February 2023 for the implementation of NETSOL’s Transcend Finance, which includes Omni Point-of-Sale (Omni POS) and Contract Management System (CMS) soutions. ...

ENCINO, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, today announced that Amanda Li Linjie, President of NETSOL China, has received two prestigious awards recognizing outstanding performance in the Chinese finance and leasing industry. On November 22, Ms. Li Linjie was honored with the Automotive Finance New Productivity Innovation Pioneer Award at the China Auto Finance and Industry Development Competiti ...

Zacks Investment Research has initiated the coverage of NetSol Technologies, Inc. (NTWK) with an “Outperform” recommendation, highlighting the company’s strong growth potential and position in the asset finance and leasing technology sector.NetSol’s focus on recurring revenues, innovative technologies and geographic expansion positions it for long-term success in a rapidly evolving industry. Recurring revenues rose 26% year over year in first-quarter fiscal 2025, demonstrating improved predictability and sc ...

ENCINO, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, today announced that management will be participating in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 on December 10 and 11, 2024. Management will deliver a company presentation at 12 noon ET on December 10, followed by one-on-one meetings with investors on December 11. For more information about the iAccess Alpha Virtual Best Ideas Winte ...

ENCINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, November 13, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal first quarter of 2025 ended September 30, 2024. Following the call, management will host a question-and-answer session. Date: Wednesday, November 13, 2024Time: 9:00 a.m. Eastern Time (6: ...

ENCINO, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, announced today that Najeeb Ghauri, Co-Founder, Chairman, and Chief Executive Officer, and Erik Wagner, Chief Marketing Officer, will attend The ThinkEquity Conference at the Mandarin Oriental Hotel in New York City on Wednesday, October 30, 2024. Mr. Ghauri and Mr. Wagner will present at the conference and be avail ...

Strategic Partnership - NETSOL Technologies announced a new strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry [1] - Hiltermann has implemented NETSOL's Wholesale Finance System (WFS) and will leverage the company's white label lending platform to expand competitive offerings in the asset finance and leasing market [1] - This partnership marks NETSOL's first strategic move in the Netherlands and supports its broader European growth strategy [1] Technology and Implementation - NETSOL's API-enabled technology allows Hiltermann to enhance collaboration with dealerships, improve customer relationships, and gain competitive advantages [2] - The stock financing solution integrates with local market infrastructure, facilitating automation and scalability for both funders and dealers [2] - The implementation was completed in just 5 months, showcasing NETSOL's expertise and hybrid approach combining offshore and on-site teams [2] Company Overview - NETSOL Technologies is a global leader in providing state-of-the-art solutions for the asset finance and leasing industry, serving clients in over 30 countries [3] - The company's flagship product, NETSOL Financial Suite (NFS), leverages advanced AI and cloud services to meet complex market needs [3] - NETSOL is known for its deep industry expertise, customer-centric approach, and commitment to innovation and sustainability [3] About Hiltermann - Hiltermann is a bank-and-brand independent leasing partner, specializing in operational and financial leasing of cars, commercial vehicles, and business assets [4] - The company is among the top 10 car leasing companies in the Netherlands [4]