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Netsol Tech Inc (NTWK)

Netsol Tech Inc (NTWK)
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NetSol Technologies is a multinational provider of enterprise software and IT services to the financial services industry. NetSol helps clients to identify, evaluate and implement technology solutions to meet their strategic business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol delivers high-quality, cost-effective equipment and vehicle finance portfolio management solutions. The Company also delivers managed IT services ranging from consulting and application development to systems integration and development outsourcing. NetSol's commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI (Software Engineering Institute) CMMi (Capability Maturity Model) Level 5 assessment, a distinction shared by only 94 companies worldwide. The Company's clients include global automakers, financial institutions, technology companies and governmental agencies.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Sales 61,390 52,390 57,250 54,920 56,370
Sales Growth +17.18% -8.49% +4.24% -2.57% -16.88%
Net Income 680 -5,240 -850 1,780 940
Net Income Growth +112.98% -516.47% -147.75% +89.36% -89.04%
(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Total Assets 64,190 58,380 72,610 86,610 88,470
Total Assets Growth +9.95% -19.60% -16.16% -2.10% +1.11%
Total Liabilities 24,650 21,600 21,750 24,740 23,000
Total Liabilities Growth +14.12% -0.69% -12.09% +7.57% +9.47%
(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Operating Cash Flow 2,910 2,010 3,060 15,730 3,970
Operating Cash Flow Growth +44.78% -34.31% -80.55% +296.22% -19.47%
Net Cash Flow 3,590 -8,430 -9,740 13,540 2,800
Change in Net Cash Flow +142.59% +13.45% -171.94% +383.57% +159.32%
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