Saturday 17 October 2026 Export NTWK’s income statement to Excel — free account

NetSol Technologies Inc.

In the quarter to June 2026, revenue grew 12.5%, EPS grew 74.9%, free cash flow grew 134,644.6% and total debt rose 58.2%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

6.21 0.30 −4.61%

Follow NTWK

Alert me

Market cap: $77.8M
P/E: 19.7×
Fwd P/E: −39.8×
Dividend yield: —
F-score: 5/9
Altman Z: 2.17
Beneish M: −2.67
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06

Total sells 0.09

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	1	—	—	1	—	—	—	—	—
Sell	—	—	—	—	—	—	—	1	—	—	—	—

Insider Ownership 25.09%

Capital & Financial Ratios $m

Market Cap 77.81

Revenue 74.37

Net Income 5.60

Free Cash Flow 11.96

Net Debt (26.91)

Current Ratio 2.06

Debt/Equity 0.00

P/E ratio 19.73

Fwd P/E (39.80)

P/S ratio 0.99

P/B ratio 1.48

Past 5Y EPS Growth 25.83%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 4.15%

Next 5Y EPS Growth 28.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 50.76%

10-year low 10-year high

P/S against its own 10 years 80.76%

10-year low 10-year high

P/B against its own 10 years 99.52%

10-year low 10-year high

EV/Sales against its own 10 years 69.59%

10-year low 10-year high

EV/FCF against its own 10 years 72.23%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

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%

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.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(0.20)	0.02	0.11	0.38	0.47
’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.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	3.09	4.25	3.50	2.00	3.70	2.74	1.72	1.99	2.14	2.88	Analyst estimates 2027–2029 Powerpack
	High	5.60	10.53	8.27	4.50	6.12	4.43	3.30	3.34	5.75	6.67
People
People	Employees	1,461	1,356	1,360	1,400	1,447	1,781	1,770	1,569	1,460	1,370
	Revenue/emp, $m	0.04	0.04	0.05	0.04	0.04	0.03	0.03	0.04	0.05	0.05
Income, $m
Income, $m	Revenue	65	61	68	56	55	57	52	61	66	74
	Gross margin, %	43.46	47.93	51.44	47.83	47.98	41.46	32.29	47.70	49.29	52.64
	EBT	(1)	8	13	2	3	2	(3)	3	6	7
	EBT margin, %	(1.23)	13.17	19.28	4.14	5.99	3.65	(6.14)	5.25	9.15	9.72
	Net income	(2)	7	12	1	2	1	(4)	2	5	6
	Depreciation	7	6	4	4	4	4	3	2	1	1
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
	Earnings	(0.46)	0.38	0.74	0.08	0.15	(0.08)	(0.46)	0.06	0.25	0.47
	Cash flow	0.04	1.40	0.43	0.34	1.37	0.27	0.18	0.26	0.04	1.18
	Capex	(0.13)	(0.13)	(0.13)	(0.11)	(0.21)	(0.20)	(0.12)	(0.03)	(0.11)	(0.39)
	Free cash flow	(0.09)	1.27	0.29	0.23	1.16	0.07	0.05	0.23	(0.07)	0.79
	Book value	7.17	6.87	5.73	5.58	5.38	4.52	3.26	3.47	3.65	4.20
	Shares, m	11	11	12	12	12	11	11	11	12	12
Valuation, ×
Valuation, ×	P/E	0.00	14.23	7.84	33.75	29.44	0.00	0.00	44.33	12.44	14.68
	P/S	0.66	1.02	0.99	0.56	0.99	0.63	0.51	0.49	0.54	0.73
	P/B	0.55	0.81	1.01	0.48	0.88	0.71	0.72	0.77	0.85	1.10
	EV/Sales	0.45	0.66	0.74	0.23	0.39	0.22	0.22	0.18	0.28	0.37
	EV/FCF	(4.39)	4.75	(21.75)	(4.36)	2.76	(2.53)	(2.31)	(3.65)	(2.88)	4.42
Cash, $m
Cash, $m	Operating cash flow	0	16	5	4	16	3	2	3	0	14
	Capex	(1)	(2)	(2)	(1)	(2)	(2)	(1)	0	(1)	(5)
	Free cash flow	(1)	14	3	3	13	1	1	3	(1)	9
Balance, $m
Balance, $m	Working capital	23	35	30	32	32	29	21	24	27	29
	Total debt	0	0	1	2	1	0	1	0	0	0
	Net debt	(14)	(22)	(17)	(19)	(33)	(23)	(15)	(19)	(17)	(27)
	Shareholders’ equity	78	77	66	65	62	51	37	40	42	50
Returns, %
Returns, %	ROA	(5.16)	4.32	9.17	1.07	2.03	(1.07)	(8.01)	1.12	4.62	4.21
	ROIC	(0.97)	3.46	8.59	1.43	5.89	(2.46)	(25.06)	10.65	8.74	19.16
	ROE	(6.39)	5.55	11.97	1.42	2.79	(1.51)	(11.97)	1.79	7.15	6.43

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 9 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RTB RTB Digital, Inc.	$106.0M	— (loss-making)	9.6×	+350.29% (above 0%: growing)	n/m	−123.92% (below 0%: shrinking)	37.41%	(383.63%)	Compare
AIB AIB Data Centers Inc.	$91.9M	— (loss-making)	—	−38.55% (below 0%: shrinking)	n/m	−410.39% (below 0%: shrinking)	(17.74%)	(122.79%)	Compare
AEYE Audioeye, Inc.	$88.0M	— (loss-making)	— (loss-making)	+8.71% (above 0%: growing)	n/m	−13.06% (below 0%: shrinking)	78.84%	(5.58%)	Compare
RDZN Roadzen Inc.	$87.7M	— (loss-making)	— (loss-making)	+49.04% (above 0%: growing)	n/m	−85.81% (below 0%: shrinking)	57.25%	(9.53%)	Compare
NRDY Nerdy Inc.	$86.5M	— (loss-making)	— (loss-making)	−4.49% (below 0%: shrinking)	n/m	+23.48% (above 0%: growing)	64.73%	(14.98%)	Compare
NTWK NetSol Technologies Inc.	$77.8M	19.7×	— (loss-making)	+12.54% (above 0%: growing)	+74.86% (above 0%: growing)	+134,644.57% (above 0%: growing)	63.60%	21.62%
RSSS Research Solutions Inc.	$68.2M	22.2×	20.5×	−2.87% (below 0%: shrinking)	−71.43% (below 0%: shrinking)	−21.64% (below 0%: shrinking)	53.00%	6.97%	Compare
CTK CooTek (Cayman) Inc. Sponsored ADR	$61.2M	— (loss-making)	2.7×	−45.10% (below 0%: shrinking)	n/m	−75.38% (below 0%: shrinking)	89.34%	1.13%	Compare
SCOR comScore, Inc.	$61.2M	— (loss-making)	3.0×	−11.35% (below 0%: shrinking)	n/m	−124.79% (below 0%: shrinking)	35.67%	(15.12%)	Compare
Median of peers	$87.1M	—	6.3×	−3.68%	—	−80.59%	55.13%	(12.25%)

All 237 Software Application stocks →

NetSol Technologies Inc. (NTWK) key facts

NetSol Technologies Inc. (NTWK) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, NTWK traded at $6.21, a market capitalization of $77.8 million.
Return on equity was 6.43% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.17 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 9, 2026.