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 ...

Core Viewpoint - Zacks Investment Research has initiated coverage of NetSol Technologies, Inc. (NTWK) with an "Outperform" recommendation, emphasizing the company's strong growth potential in the asset finance and leasing technology sector [1] Group 1: Financial Performance - NetSol's recurring revenues increased by 26% year over year in the first quarter of fiscal 2025, indicating improved predictability and scalability [2] - The company has a strong liquidity position of $24.5 million, which supports ongoing innovation and expansion efforts [4] - NetSol's stock is trading at attractive valuation metrics, with its EV/EBITDA multiple significantly below the industry average, suggesting considerable upside potential [7] Group 2: Strategic Initiatives - Recent achievements include a $16 million contract with a U.S. automaker and a $30 million expansion deal in China, enhancing its presence in North America, Europe, and the Asia-Pacific [3] - The company's AI-powered Transcend platform for the automotive finance market highlights its commitment to digital transformation, positioning it well for steady growth [3] - Key products like NFS Ascent and the Otoz digital retail platform cater to the needs of top-tier automotive OEMs and financial institutions, aligning with market trends [5] Group 3: Market Positioning - NetSol's impressive 95% client retention rate and long-term partnerships with industry leaders such as Daimler and BMW reflect its ability to consistently deliver value [4] - The global vehicle sales and automotive finance markets are projected to grow steadily, providing a favorable environment for NetSol to capitalize on [5] - The company's focus on recurring revenues and geographic expansion positions it for long-term success in a rapidly evolving industry [2]

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]

ENCINO, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Tuesday, October 1, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal fourth quarter and full year ended June 30, 2024. Following the call, management will host a question-andanswer session. Date: Tuesday, October 1, 2024 Time: 9:00 a.m. Eastern Time (6:00 a. ...

Core Insights - NETSOL Technologies, Inc. has signed a new agreement with a major automaker to support operations in China, valued at over $30 million over five years, contributing to revenue growth in fiscal 2025 and beyond [1][2] - The CEO of NETSOL anticipates this contract will lead to double-digit revenue growth in fiscal 2025, marking a new stage of growth for the company in the Asia Pacific market [2] - NETSOL China holds a dominant market share in the country and expects this contract to nearly double its revenue over the agreement's term [2] Company Overview - NETSOL Technologies is a global leader in asset finance and leasing solutions, serving automotive OEMs, auto captives, and financial institutions across over 30 countries since its inception in 1996 [3] - The company is recognized for its technological innovations, including advanced AI and cloud services, and maintains a strong customer-centric approach [3] - NETSOL is committed to ethical business practices and sustainability, positioning itself as a trusted partner for leading firms globally [3]