NetSol Technologies Inc.

NTWK Technology Software Application

NetSol Technologies Inc.’s revenue for fiscal 2026 (year ended June 2026) was $74.4 million, up 12.5% from fiscal 2025.

Revenue
+12.5%
EPS
+45.5%
Free cash flow
+134,644.6%
Total debt
+58.2%

Quarter to June 2026, against a year earlier

6.49 0.02 +0.31%
Market cap
$77.3M
P/E
26.4×
Fwd P/E
−39.8×
Dividend yield
—
F-score
5/9
Altman Z
2.17
Beneish M
−2.67
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.04
Sold, $m 0.09
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — 1 — — — — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 24.84%

Capital & Financial Ratios $m

Size
Market Cap 77.34
Revenue ttm 74.37
Net income ttm 5.60
Free cash flow ttm 11.96
Net debt Q (26.91)
Valuation
P/E 26.44
Forward P/E (39.80) (negative: loss-making)
Price / sales 1.05
Forward P/S Powerpack
Price / FCF 12.52
Price / book 1.58
Financial health
Current ratio Q 2.06 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 43.41
Growth
Revenue growth Q +12.54% (above 0%: growing)
Operating income growth Q +40.19% (above 0%: growing)
EPS, this year +72.00% (at or above 15%: strong)
EPS, next year A +46.51% (at or above 15%: strong)
Revenue, next year A +14.51% (at or above 10%: strong)
EPS, past 5 yrs +10.76%
EPS, next 5 yrs A +28.00% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 57.84%
10-year low 10-year high
P/S against its own 10 years 87.57%
10-year low 10-year high
P/B against its own 10 years 99.45%
10-year low 10-year high
EV/Sales against its own 10 years 76.43%
10-year low 10-year high
EV/FCF against its own 10 years 73.02%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 16 19 17 27
Receivables 12 13 8 10
Inventory — — — —
Other 14 15 21 19
42 47 46 57
2023 2024 2025 2026
Payables 7 8 8 9
ST’ Debt — — — —
Other — — — —
21 24 20 28

Compound Annual Growth %

10y 5y 3y
Sales 1.43% 6.25% 12.39%
Cash Flow 23.67% (2.46%) 90.46%
Earnings (1.42%) 10.66% 0.00%
Book Value (4.39%) (4.34%) 10.46%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 (0.20) 0.02 0.11 0.32 0.25
’25 0.01 (0.10) 0.12 0.22 0.25
’24 0.00 0.04 0.03 (0.01) 0.06
’23 (0.06) (0.19) 0.23 (0.45) (0.46)
’22 0.02 0.13 (0.02) (0.19) (0.08)
’21 0.06 (0.02) (0.05) 0.17 0.15
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 15 19 20 21 74
’25 15 16 18 18 66
’24 14 15 15 16 61
’23 13 12 14 14 52
’22 13 15 15 14 57
’21 13 13 14 15 55
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 5 (5) (1) 15 14
’25 6 (5) 0 0 0
’24 2 (1) (4) 7 3
’23 1 0 1 (1) 2
’22 (3) 0 9 (2) 3
’21 5 8 (2) 5 16
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 5 (5) (2) 12 9
’25 5 (6) (1) 0 (1)
’24 1 (1) (4) 7 3
’23 0 0 1 (1) 1
’22 (4) 0 8 (3) 1
’21 4 7 (3) 5 13
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 65 61 68 56 55 57 52 61 66 74 +1.4% 85 94 — +12.2%
Gross margin, % 43.46 47.93 51.44 47.83 47.98 41.46 32.29 47.70 49.29 52.64 +9.2 pt
EBT (1) 8 13 2 3 2 (3) 3 6 7 n/m
EBT margin, % (1.23) 13.17 19.28 4.14 5.99 3.65 (6.14) 5.25 9.15 9.72 +11.0 pt
Net income (2) 7 12 1 2 1 (4) 2 5 6 n/m
Per share, $
Per share, $ Revenue 5.99 5.44 5.85 4.80 4.78 5.09 4.64 5.40 5.71 6.30 +0.6%
Earnings (0.46) 0.38 0.74 0.08 0.15 (0.08) (0.46) 0.06 0.25 0.25 n/m
Cash flow 0.04 1.40 0.43 0.34 1.37 0.27 0.18 0.26 0.04 1.18 +45.0%
Capex (0.13) (0.13) (0.13) (0.11) (0.21) (0.20) (0.12) (0.03) (0.11) (0.39) +13.0%
Free cash flow (0.09) 1.27 0.29 0.23 1.16 0.07 0.05 0.23 (0.07) 0.79 n/m
Book value 7.17 6.87 5.73 5.58 5.38 4.52 3.26 3.47 3.65 4.20 (5.8%)
Shares, m 11 11 12 12 12 11 11 11 12 12 +0.9%
Valuation, ×
Valuation, × P/E 0.00 14.23 7.84 33.75 29.44 0.00 0.00 44.33 12.44 18.48 16.1
P/S 0.66 1.02 0.99 0.56 0.99 0.63 0.51 0.49 0.54 0.74 0.7
P/B 0.55 0.81 1.01 0.48 0.88 0.71 0.72 0.77 0.85 1.11 0.8
EV/Sales 0.45 0.66 0.74 0.23 0.39 0.22 0.22 0.18 0.28 0.38 0.4
EV/FCF (4.39) 4.75 (21.75) (4.36) 2.76 (2.53) (2.31) (3.65) (2.88) 4.46 (3.0)
Cash, $m
Cash, $m Operating cash flow 0 16 5 4 16 3 2 3 0 14 +46.2%
Capex (1) (2) (2) (1) (2) (2) (1) 0 (1) (5) +13.9%
Free cash flow (1) 14 3 3 13 1 1 3 (1) 9 n/m
Balance, $m
Balance, $m Working capital 23 35 30 32 32 29 21 24 27 29 +2.6%
Net debt (14) (22) (17) (19) (33) (23) (15) (19) (17) (27) +7.7%
Shareholders’ equity 78 77 66 65 62 51 37 40 42 50 (4.9%)
Returns, %
Returns, % ROA (5.16) 4.32 9.17 1.07 2.03 (1.07) (8.01) 1.12 4.62 4.21 +9.4 pt
ROIC (0.97) 3.46 8.59 1.43 5.89 (2.46) (25.06) 10.65 8.74 19.16 +20.1 pt
ROE (6.39) 5.55 11.97 1.42 2.79 (1.51) (11.97) 1.79 7.15 6.43 +12.8 pt
People
People Employees 1,461 1,356 1,360 1,400 1,447 1,781 1,770 1,569 1,460 1,370 (0.7%)
Revenue/emp, $m 0.04 0.04 0.05 0.04 0.04 0.03 0.03 0.04 0.05 0.05 +2.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 2 Nov 2026

NetSol Technologies Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SSTI SoundThinking, Inc. $110.2M — (loss-making) — (loss-making) −7.73% (below 0%: shrinking) n/m −204.69% (below 0%: shrinking) 48.29% (19.48%) Compare
RDZN Roadzen Inc. $94.5M — (loss-making) — (loss-making) +49.04% (above 0%: growing) n/m −85.81% (below 0%: shrinking) 57.25% (9.53%) Compare
RTB RTB Digital, Inc. $83.4M — (loss-making) 9.6× +350.29% (above 0%: growing) n/m −123.92% (below 0%: shrinking) 37.41% (383.63%) Compare
NTWK NetSol Technologies Inc. $77.3M 26.4× — (loss-making) +12.54% (above 0%: growing) +45.45% (above 0%: growing) +134,644.57% (above 0%: growing) 63.60% 21.62%
NRDY Nerdy Inc. $75.2M — (loss-making) — (loss-making) −4.49% (below 0%: shrinking) n/m +23.48% (above 0%: growing) 64.73% (14.98%) Compare
ROC Rank One Computing Corporation $62.0M — (loss-making) — (loss-making) — n/m −613.92% (below 0%: shrinking) 89.67% (15.23%) Compare
RSSS Research Solutions Inc. $61.5M 20.3× 17.1× −2.87% (below 0%: shrinking) −71.43% (below 0%: shrinking) −21.64% (below 0%: shrinking) 53.00% 6.97% Compare
AMOD Alpha Modus Holdings, Inc. $59.5M — (loss-making) — — n/m −72.95% (below 0%: shrinking) — 0.00% Compare
THRY Thryv Holdings, Inc. $52.9M — (loss-making) — (loss-making) −28.39% (below 0%: shrinking) n/m −23.41% (below 0%: shrinking) 62.74% (0.76%) Compare
Median of peers $68.6M — — −3.68% — −79.38% 57.25% (12.25%)

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 29 April 2026

Ownership

Directors and executive officers, together 13.54%
Najeeb Ghauri 8.14%
The Vanguard Group 5.47%
Todd M Felte 5.08%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

NetSol Technologies Inc. (NTWK) Latest News

24 Oct

Impact 3 · · Simply Wall St.

29 Sep

Impact 4 · · The Motley Fool transcript

12 May

16 Feb

stockrow.com/NTWK · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com