NetSol Technologies Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Year	2023	2022	2021	2020	2019	2018 - 2005
Revenue	52.39	57.25	54.92	56.37	67.82	Upgrade
Revenue Growth (YoY)	-8.48%	4.24%	-2.58%	-16.88%	11.31%	Upgrade
Cost of Revenue	35.48	33.51	28.57	29.41	32.93	Upgrade
Gross Profit	16.92	23.74	26.35	26.96	34.89	Upgrade
Selling, General & Admin	24.09	23.47	21.99	23.59	25.19	Upgrade
Research & Development	1.6	1.34	0.67	1.47	1.97	Upgrade
Other Operating Expenses	0	0	0.97	0.83	0.9	Upgrade
Operating Expenses	25.7	24.82	23.63	25.89	28.06	Upgrade
Operating Income	-8.78	-1.08	2.72	1.07	6.83	Upgrade
Interest Expense / Income	0.77	0.37	0.39	0.35	0.31	Upgrade
Other Expense / Income	-5.23	-1.59	-0.48	-1.35	-3.13	Upgrade
Pretax Income	-4.32	0.14	2.8	2.08	9.64	Upgrade
Income Tax	0.93	0.99	1.03	1.14	1.06	Upgrade
Net Income	-5.24	-0.85	1.78	0.94	8.58	Upgrade
Net Income Growth	-	-	89.77%	-89.08%	99.29%	Upgrade
Shares Outstanding (Basic)	11	11	11	12	12	Upgrade
Shares Outstanding (Diluted)	11	11	11	12	12	Upgrade
Shares Change	0.26%	-2.17%	-2.41%	1.40%	3.79%	Upgrade
EPS (Basic)	-0.46	-0.08	0.15	0.08	0.74	Upgrade
EPS (Diluted)	-0.46	-0.08	0.15	0.08	0.74	Upgrade
EPS Growth	-	-	87.50%	-89.19%	94.74%	Upgrade
Free Cash Flow	0.61	0.8	13.36	2.7	3.38	Upgrade
Free Cash Flow Per Share	0.05	0.07	1.16	0.23	0.29	Upgrade
Gross Margin	32.29%	41.46%	47.98%	47.83%	51.44%	Upgrade
Operating Margin	-16.76%	-1.88%	4.95%	1.90%	10.07%	Upgrade
Profit Margin	-10.01%	-1.49%	3.24%	1.66%	12.66%	Upgrade
Free Cash Flow Margin	1.16%	1.40%	24.33%	4.79%	4.98%	Upgrade
Effective Tax Rate	-	717.76%	36.60%	54.91%	10.97%	Upgrade
EBITDA	-0.31	4.32	7.16	6.16	14.38	Upgrade
EBITDA Margin	-0.59%	7.55%	13.03%	10.92%	21.20%	Upgrade
Depreciation & Amortization	3.24	3.81	3.96	3.73	4.42	Upgrade
EBIT	-3.55	0.51	3.2	2.43	9.95	Upgrade
EBIT Margin	-6.78%	0.89%	5.83%	4.30%	14.68%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).