Core Viewpoint - NETSOL Technologies, Inc. demonstrated significant growth and resilience in fiscal year 2025, focusing on innovation and customer satisfaction while improving profitability across its SaaS and services businesses [1][18]. Financial Performance Summary - Total net revenues for Q4 FY 2025 increased by 11.9% to $18.4 million compared to $16.4 million in Q4 FY 2024 [2]. - Gross profit for Q4 FY 2025 was $10.3 million, representing 56% of net revenues, up from $8.5 million or 52% in Q4 FY 2024 [3]. - Operating expenses for Q4 FY 2025 were $7.2 million, or 39% of sales, down from $7.7 million or 47% in Q4 FY 2024 [4]. - GAAP net profit for Q4 FY 2025 totaled $2.6 million, or $0.22 per diluted share, compared to a net loss of $0.08 million, or $0.01 per diluted share, in Q4 FY 2024 [5]. - Non-GAAP EBITDA for Q4 FY 2025 was $4.7 million, or $0.40 per diluted share, compared to $1.2 million, or $0.11 per diluted share, in Q4 FY 2024 [6]. Annual Financial Results - Total net revenues for the full fiscal year ended June 30, 2025, were $66.1 million, an increase from $61.4 million in the prior year [10]. - Subscription and support revenues for FY 2025 increased by 18% to $32.9 million [8]. - Gross profit for FY 2025 was $32.6 million, or 49.3% of net revenues, compared to $29.3 million, or 47.7% in FY 2024 [12]. - Operating income for FY 2025 was $3.5 million, consistent with the previous fiscal year [13]. - GAAP net income for FY 2025 was $2.9 million, or $0.25 per diluted share, compared to $0.7 million, or $0.06 per diluted share, in FY 2024 [14]. Revenue Breakdown - Total subscription (SaaS and Cloud) and support revenues for FY 2025 were $32.9 million, up from $28 million in FY 2024 [11]. - Total services revenues for FY 2025 were $32.6 million, representing a 16.3% increase from the prior year [11]. Management Commentary - The CEO highlighted the company's commitment to driving innovation and enhancing customer satisfaction, reflecting the trust clients place in NETSOL's solutions [1][18]. - The CFO noted the effectiveness of the revenue diversification strategy, achieving notable growth in services revenue and maintaining operational discipline [19].