MARKET COMPOSITE
NTWK - Netsol Technologies, Inc.8:00:00 PM 4/23/2024
Price
$2.75
+ 0.09 (3.38%)
NetSol Technologies, Inc. designs, develops, markets, and exports software products to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry. Its NFS Ascent constituent applications include Omni Point of Sale, a web-based application; Contract Management System (CMS), an application for managing and maintaining credit contracts; Wholesale Finance System (WFS), a system for automating and managing the lifecycle of wholesale finance; Dealer Auditor Access System, a web-based solution that could be used in conjunction with WFS or any third-party wholesale finance system; NFS Ascent On The Cloud, a cloud-version of NFS Ascent; and NFS Digital solutions covering Self Point of Sale, Mobile Account, Mobile Point of Sale, Mobile Dealer, Mobile Auditor, Mobile Collector, and Mobile Field Investigator. The company also provides mobility orchestration system products covering a suite of agile and configurable solutions that includes car-sharing and subscription products for use in back and front office applications; artificial intelligence models; and Super App, a platform comprising various customer journeys, such as car-share, car subscription, rentals, airport transfers, digital retail, and others. In addition, it offers LeasePak CMS that streamlines the lease and loan management lifecycle; LeasePak software-as-a-service to small and mid-sized leasing and finance companies; LeaseSoft, a lease and finance system for funder market; and LoanSoft for consumer loan market. Further, the company provides system integration, consulting, and IT products and services. It serves blue chip organizations, Dow-Jones 30 Industrials, Fortune 500 manufacturers and financial institutions, vehicle manufacturers, and enterprise technology providers. NetSol Technologies, Inc. was founded in 1997 and is headquartered in Calabasas, California.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue15.2MM+7%
Gross Profit7.2MM+16%
Cost Of Revenue8.1MM-0%
Operating Income1MM-
Operating Expenses6.1MM+6%
Net Income408.3K-
R&D341.4K-10%
G&A--
Marketing5.8MM+7%
Interest Expense290.3K+5%
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Stock news

    ENCINO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced the go-live of its next-generation platform NFS Ascent for a leading German auto captive finance company and longstanding client to support their operations in South Korea. This deployment consisted of the full NFS Ascent suite, which includes both the Retail and the Wholesale platforms. T

    ENCINO, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced its achievement of the Amazon Web Services (AWS) Foundational Technical Review badges - a testament to its exceptional expertise in cloud technologies. This achievement is in recognition of five of NETSOL’s cloud-based, API-first solutions that are part of Appex Now – the Company’s marketp

    ENCINO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that Close Brothers, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading, had signed-up for and has subsequently gone live with the Company’s calculation engine Flex. The Flex cloud-based calculation engine enables afford

    ENCINO, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that it has achieved the Advanced Tier Services Partner status within the Amazon Web Services (AWS) Partner Network (APN). Partners who demonstrate exceptional prominence, emerge as industry leaders in their respective markets and have a highly proficient workforce receive this status. Thi

    ENCINO, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has signed an agreement with a major global automotive company for its operations in China. The $12 million, five-year contract is for the deployment of NETSOL’s premier technology platform NFS Ascent. Najeeb Ghauri, Chief Executive Officer of NETSOL Technologies, Inc., commented, “This selection is a validation of the superior per

    ENCINO, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced that its customer Haydock Finance is now offering access to NETSOL’s API-based calculation engine Flex to its broker division. Haydock Finance is an award-winning supportive business finance specialist that is using Flex since 2023 and subscribed to additional products from Appex Now earlier this year. Appex Now is the

    NetSol Technologies, Inc. (NASDAQ:NTWK) Q2 2024 Earnings Call Transcript February 13, 2024 NetSol Technologies, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to NetSol Technologies Second Quarter 2024 Earnings Conference Call. On the call today […]

    Q2 2024 NetSol Technologies Inc Earnings Call

    Strong licensing fees and increased recurring revenues2Q ‘24 Gross Margins of 47% up from 25% in 2Q’ 23Company on track for strong double digit organic revenue growth and profitability in fiscal 2024 ENCINO, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, reported results for the fiscal second quarter of 2024 ended December 31, 2023. Fiscal Second Quarter 2024 Financial Results Total net

    Unveiled Otoz 2.0: The Next Generation of Digital Retail and MobilityDoubled MINI Dealer enrollments on the MINI Anywhere program in 12 months, enabling 5x increase in lead volume and vehicle salesChosen by AutoNation, one of the largest auto retailers in the US, to power the back-end of their newly launched AutoNation Mobility Micro-lease marketplace, which is now live ENCINO, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies (Nasdaq: NTWK), a global leader in SaaS solutions and IT