OverviewSuggest Edit

NetSol Technologies is a provider of information technology and enterprise software solutions. The Company is engaged in the licensing, customization, enhancement and maintenance of its suite of financial applications under the brand names, NetSol Financial Suite (NFS) and NFS Ascent, for businesses in the lease and finance industry. The Company's NFS Ascent platform is a lease accounting and contract processing engine, which offers a solution for the auto and equipment finance and leasing industry. 

TypePublic
Founded1995
HQCalabasas, US
Websitenetsoltech.com
Employee Ratings4
Overall CultureB

Latest Updates

Employees (est.) (Jun 2019)1,360
Revenue (FY, 2019)$67.8 M(+12%)
Share Price (Nov 2020)$2.9 (+3%)
Cybersecurity ratingBMore

Key People/Management at NetSol Technologies

Najeeb Ghauri

Najeeb Ghauri

Founder, Chairman & Chief Executive Officer
Boo Ali

Boo Ali

CFO
Naeem Ghauri

Naeem Ghauri

Co-Founder, President Global Sales; Chief Executive Officer Innovation and OTOZ NETSOL Technologies, Inc.
Salim Ghauri

Salim Ghauri

Founder & Chief Executive Officer, NETSOL Technologies Ltd. Pakistan
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NetSol Technologies Office Locations

NetSol Technologies has offices in Calabasas, Sydney, Huangpu Qu, Lahore and in 1 other location
Calabasas, US (HQ)
23975 Park Sorrento #250
Sydney, AU
Level 2/61 York St
Huangpu Qu, CN
222 Huai Hai Zhong Lu
Lahore, PK
Main Ghazi Road
London, GB
40 Gracechurch St, Candlewick
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NetSol Technologies Financials and Metrics

NetSol Technologies Revenue

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NetSol Technologies's revenue was reported to be $67.82 m in FY, 2019
USD

Revenue (Q3, 2020)

13.5m

Gross profit (Q3, 2020)

6.0m

Gross profit margin (Q3, 2020), %

44.5%

Net income (Q3, 2020)

1.5m

EBIT (Q3, 2020)

(376.1k)

Market capitalization (17-Nov-2020)

33.5m

Closing stock price (17-Nov-2020)

2.9

Cash (31-Mar-2020)

15.7m

EV

20.9m
NetSol Technologies's current market capitalization is $33.5 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

39.8m50.8m36.4m51.0m64.6m65.4m60.9m67.8m

Revenue growth, %

40%26%

Cost of goods sold

18.3m23.0m27.7m33.0m33.7m37.0m31.7m33.4m

Gross profit

21.5m27.8m8.7m18.0m30.8m28.4m29.2m34.4m
Quarterly
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020Q3, 2020

Revenue

10.6m11.1m11.8m12.8m9.1m8.7m9.4m10.2m12.4m13.1m13.3m16.2m16.0m15.0m17.6m17.9m12.8m14.4m17.0m16.4m17.0m17.1m15.7m13.5m

Cost of goods sold

4.9m5.8m5.1m6.3m5.7m6.0m7.0m7.0m7.4m8.4m7.9m8.2m8.4m8.9m9.2m9.0m8.0m7.8m7.9m8.2m8.1m8.6m7.9m7.5m

Gross profit

5.7m5.3m6.7m6.5m3.4m2.7m2.4m3.2m5.0m4.7m5.4m8.0m7.5m6.1m8.4m9.0m4.8m6.7m9.2m8.2m8.9m8.6m7.8m6.0m

Gross profit Margin, %

54%48%57%51%38%31%25%31%40%36%41%50%47%41%48%50%38%46%54%50%52%50%50%45%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

7.6m7.9m11.5m14.2m11.6m14.2m22.1m17.4m

Accounts Receivable

13.8m14.7m5.4m6.5m9.7m6.6m12.8m12.3m

Prepaid Expenses

596.2k559.2k2.9m2.0m2.5m2.7m3.1m

Current Assets

36.3m42.1m26.9m31.5m40.5m44.3m57.4m54.6m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.4m7.9m(12.9m)(5.2m)5.1m(1.7m)7.1m12.0m

Depreciation and Amortization

1.1m1.6m8.7m10.3m7.2m6.6m5.6m4.4m

Accounts Payable

1.1m(276.6k)1.7m726.7k558.0k751.8k1.7m(47.8k)

Cash From Operating Activities

8.1m13.8m18.6m5.1m1.7m454.4k15.7m4.9m
USDQ3, 2012

Financial Leverage

1.2 x
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NetSol Technologies Operating Metrics

NetSol Technologies's Enterprise Customers was reported to be 200 in May, 2017.
May, 2017

Countries

30

Enterprise Customers

200
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NetSol Technologies Revenue Breakdown

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NetSol Technologies revenue breakdown by business segment: 8.5% from North America, 16.5% from Europe and 75.0% from Asia - Pacific

NetSol Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

NetSol Technologies Online and Social Media Presence

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NetSol Technologies Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    A+

    95/100

  • Compensation

    B

    70/100

  • Diversity

    B

    72/100

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NetSol Technologies Blogs

NETSOL Technologies Announces First North American Go Live for NFS Ascent™ with SCI Lease Corp

CALABASAS, Calif., Aug. 18, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, announced that it has successfully gone live with the Company’s cloud-based NFS Ascent™ Contract Management System (CMS), marking…

NETSOL’s NFS Ascent® Goes Live in Malaysia

Malaysia Marks the Ninth Country with Successful Deployment of Next-Generation NFS Ascent as Part of Previously Announced $110 million, 12-Country Contract CALABASAS, Calif., May 07, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies Inc. (Nasdaq: NTWK), a global business services and enterprise applic…

NETSOL Technologies Sets Fiscal Third Quarter 2020 Conference Call for Wednesday, May 13, 2020 at 9:00 a.m. ET

CALABASAS, Calif., May 04, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, May 13 at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss results for the fis…

NETSOL Technologies Signs Contract with UK Bank to Implement its NFS Ascent Retail Platform

CALABASAS, Calif., April 02, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has signed a contract with a bank in the United Kingdom for the implementation of the Retail platform for its next-generation solu…

Major Global Auto Captive to Launch Otoz Pilot Program in China

CALABASAS, Calif., March 16, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, through its wholly-owned subsidiary Otoz, a business-to-business new mobility technology start-up, announced a pilot car sharing p…

NETSOL Technologies’ Otoz Mobility to Present at MOVE 2020 on February 12, 2020

CALABASAS, Calif., Feb. 10, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, through its wholly-owned subsidiary Otoz, a business-to-business new mobility technology start-up, will be exhibiting and present…
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NetSol Technologies Frequently Asked Questions

  • When was NetSol Technologies founded?

    NetSol Technologies was founded in 1995.

  • Who are NetSol Technologies key executives?

    NetSol Technologies's key executives are Najeeb Ghauri, Boo Ali and Naeem Ghauri.

  • How many employees does NetSol Technologies have?

    NetSol Technologies has 1,360 employees.

  • What is NetSol Technologies revenue?

    Latest NetSol Technologies annual revenue is $67.8 m.

  • What is NetSol Technologies revenue per employee?

    Latest NetSol Technologies revenue per employee is $49.9 k.

  • Who are NetSol Technologies competitors?

    Competitors of NetSol Technologies include ForwardLane, Decision Curve and ComunidadFeliz.

  • Where is NetSol Technologies headquarters?

    NetSol Technologies headquarters is located at 23975 Park Sorrento #250, Calabasas.

  • Where are NetSol Technologies offices?

    NetSol Technologies has offices in Calabasas, Sydney, Huangpu Qu, Lahore and in 1 other location.

  • How many offices does NetSol Technologies have?

    NetSol Technologies has 8 offices.