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. 

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TypePublic
Founded1995
HQCalabasas, US
Websitenetsoltech.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Feb 2019)1,350
Revenue (FY, 2018)$60.9 M(-6%)
Share Price (Feb 2019)$6.9 (+6%)

Key People/Management at NetSol Technologies

Najeeb Ghauri

Najeeb Ghauri

Founder & Chief Executive Officer
Boo Ali

Boo Ali

CFO
Farooq Ghauri

Farooq Ghauri

COO
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NetSol Technologies Office Locations

NetSol Technologies has offices in Calabasas, Kebayoran Baru, Huangpu Qu, Lahore and in 3 other locations
Calabasas, US (HQ)
410 24025 Park Sorrento
Sydney, AU
5 Hunter St
Chaoyang, CN
24 Sandao St
Huangpu Qu, CN
222 Huai Hai Zhong Lu
Lahore, PK
Main Ghazi Road
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NetSol Technologies Financials and Metrics

NetSol Technologies Revenue

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NetSol Technologies's revenue was reported to be $60.93 m in FY, 2018
USD

Revenue (Q1, 2019)

16.4m

Gross profit (Q1, 2019)

8.2m

Gross profit margin (Q1, 2019), %

50.2%

Net income (Q1, 2019)

1.3m

EBIT (Q1, 2019)

1.6m

Market capitalization (12-Feb-2019)

81.5m

Closing stock price (12-Feb-2019)

6.9

Cash (30-Sep-2018)

20.4m
NetSol Technologies's current market capitalization is $81.5 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

36.4m51.0m64.6m65.4m60.9m

Revenue growth, %

40%26%

Cost of goods sold

27.7m33.0m33.7m37.0m31.7m

Gross profit

8.7m18.0m30.8m28.4m29.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

9.1m8.7m9.4m10.2m12.4m13.1m13.3m16.2m16.0m15.0m17.6m17.9m12.8m14.4m17.0m16.4m

Cost of goods sold

5.7m6.0m7.0m7.0m7.4m8.4m7.9m8.2m8.4m8.9m9.2m9.0m8.0m7.8m7.9m8.2m

Gross profit

3.4m2.7m2.4m3.2m5.0m4.7m5.4m8.0m7.5m6.1m8.4m9.0m4.8m6.7m9.2m8.2m

Gross profit Margin, %

38%31%25%31%40%36%41%50%47%41%48%50%38%46%54%50%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

11.5m14.2m11.6m14.2m22.1m

Accounts Receivable

5.4m6.5m9.7m

Current Assets

26.9m31.5m40.5m44.3m57.4m

PP&E

29.7m25.1m22.8m20.4m16.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

6.8m11.6m12.4m10.4m13.5m10.9m10.1m14.0m11.9m11.2m9.5m8.5m8.6m10.0m12.7m20.4m

Accounts Receivable

18.5m16.7m13.0m11.1m

Current Assets

41.9m39.3m35.4m28.7m29.1m28.5m30.9m33.6m36.1m40.9m40.7m47.2m44.5m51.5m58.3m50.7m

PP&E

21.5m23.6m27.6m27.9m27.5m26.4m24.1m23.3m23.2m22.6m21.9m21.2m19.6m18.4m17.5m15.7m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(12.9m)(5.2m)5.1m(1.7m)7.1m

Depreciation and Amortization

8.7m10.3m7.2m6.6m5.6m

Accounts Payable

1.7m726.7k558.0k751.8k1.7m

Cash From Operating Activities

18.6m5.1m1.7m454.4k15.7m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(462.9k)(2.4m)(4.7m)(1.8m)(1.5m)(1.3m)(219.5k)1.5m2.7m(1.7m)(1.3m)1.1m(181.3k)1.5m6.3m1.3m

Depreciation and Amortization

1.5m3.1m4.9m1.8m1.8m1.9m1.8m3.5m5.3m1.6m3.2m4.8m1.4m2.8m4.2m1.1m

Accounts Payable

2.1m4.7m5.0m5.3m(833.6k)142.0k617.1k(780.6k)334.2k337.9k243.1k887.8k1.1m(680.1k)

Cash From Operating Activities

2.9m12.7m15.3m(3.2m)2.0m1.1m(217.5k)69.4k(2.0m)(4.2m)(2.1m)2.3m(339.4k)
USDY, 2018

Financial Leverage

1.3 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: 75.0% from Asia - Pacific, 16.5% from Europe and 8.5% from North America

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NetSol Technologies Online and Social Media Presence

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NetSol Technologies Blogs

NETSOL Technologies Sets Fiscal Second Quarter 2019 Conference Call for Wednesday, February 13, 2019 at 11:00 a.m. ET

CALABASAS, Calif., Feb. 01, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, February 13 at 11:00 a.m. Eastern time (8:00 a.m. Pacific time) to discuss results for…

NETSOL Technologies Appoints Industry Veteran Hui Liang as Company’s President of China

CALABASAS, Calif., Jan. 02, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has appointed Hui Liang, a twenty-year veteran of the technology industry, to the position of President of NETSOL China. Liang s…

NETSOL Technologies to Present at the 11th Annual LD Micro Main Event on December 5, 2018

CALABASAS, Calif., Nov. 27, 2018 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has been invited to present at the 11th Annual LD Micro Main Event, which is being held December 4-6, 2018 at the Luxe Sunset Bo…

NETSOL Technologies Selected by Speed Leasing to Implement LeasePak Cloud and mAccount Platform

Another Leading Power Sports Finance Provider Has Selected NETSOL’s SaaS Offering to Maximize Their Business Growth NETSOL’s LeasePak Cloud Will Underpin the Aggressive Growth Plans and Unique Product Placement of Speed Leasing NETSOL’s mAccount Will Enable a True Digital Touchpoint with End Con…

NETSOL Technologies Signs Multi-Million-Dollar Contract with Major American Multinational Automaker to Implement its Ascent Retail Platform in China

CALABASAS, Calif., Sept. 20, 2018 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has secured an agreement with a major American multinational automaker to implement its NFS Ascent™ Retail Platform in China.  …

Changing Financial Trends and the Threat to Cybersecurity

The world, in the last decade, has moved towards globalization and is increasingly moving towards digitization. The access, availability and reliability of the internet has enabled effective communication channels for...
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NetSol Technologies Company Life and Culture

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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 Farooq Ghauri.

  • How many employees does NetSol Technologies have?

    NetSol Technologies has 1,350 employees.

  • What is NetSol Technologies revenue?

    Latest NetSol Technologies annual revenue is $60.9 m.

  • What is NetSol Technologies revenue per employee?

    Latest NetSol Technologies revenue per employee is $45.1 k.

  • Who are NetSol Technologies competitors?

    Competitors of NetSol Technologies include Clipper Contracting, Minute Menu Systems and Mobile Solutions Services.

  • Where is NetSol Technologies headquarters?

    NetSol Technologies headquarters is located at 410 24025 Park Sorrento, Calabasas.

  • Where are NetSol Technologies offices?

    NetSol Technologies has offices in Calabasas, Kebayoran Baru, Huangpu Qu, Lahore and in 3 other locations.

  • How many offices does NetSol Technologies have?

    NetSol Technologies has 7 offices.