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 Ratings3.8
Culture scoreB

Latest Updates

Employees (est.) (Jun 2019)1,360
Revenue (FY, 2019)$67.8 M(+12%)
Share Price (May 2020)$3 (-1%)

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, Sydney, Chaoyang, Huangpu Qu and in 3 other locations
Calabasas, US (HQ)
24025 Park Sorrento #410
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 $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 (21-May-2020)

35.5m

Closing stock price (21-May-2020)

3.0

Cash (31-Mar-2020)

15.7m

EV

22.9m
NetSol Technologies's current market capitalization is $35.5 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
USDY, 2020

EV/EBIT

-60.8 x

EV/CFO

55.6 x

Financial Leverage

1.4 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 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 to Ring Nasdaq Closing Bell on Tuesday, January 21, 2020

CALABASAS, Calif., Jan. 16, 2020 (GLOBE NEWSWIRE) -- NETSOL Technologies Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will ring the Nasdaq Closing Bell on Tuesday, January 21, 2020. Select members of NETSOL’s senior leadership team will join Co-F…

NFS Ascent Goes Live in Hong Kong

Hong Kong Marks the Eighth Country to “Go Live” as Part of Previously Announced $110 million, 12-Country Contract CALABASAS, Calif., Nov. 25, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has successfull…

NETSOL Appoints Chris Mobley as Head of NFS Ascent Wholesale Operations in Europe

CALABASAS, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has appointed Chris Mobley as the new Head of its NFS Ascent Wholesale operations in Europe. Mobley brings over two decades of i…

NETSOL Technologies Announces First North American Customer for NFS Ascent

CALABASAS, Calif., Nov. 14, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, announced that it has secured a contract with SCI Lease Corp, a Canadian-based national automotive leasing company, for the deplo…

NETSOL Technologies Goes Live with its NFS Digital mCollector Application for Top Tier Multi-Finance Company

CALABASAS, Calif., Nov. 07, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, announced that it has officially “gone live” with its Mobile Collector (“mCollector”) application for a top tier multi-finance co…

NETSOL Technologies Sets Fiscal First Quarter 2020 Conference Call for Tuesday, November 12, 2019 at 9:00 a.m. ET

CALABASAS, Calif., Oct. 31, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Tuesday, November 12 at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss results for the…
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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 1,360 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 Skwarel, Tax Systems and Sinao.

  • Where is NetSol Technologies headquarters?

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

  • Where are NetSol Technologies offices?

    NetSol Technologies has offices in Calabasas, Sydney, Chaoyang, Huangpu Qu and in 3 other locations.

  • How many offices does NetSol Technologies have?

    NetSol Technologies has 7 offices.