Recent Updates — NTWK
NetSol Technologies, Inc. reported full-year fiscal 2026 results ending June 30, 2026, with record revenue of $74.4 million, a 12.5% increase year-over-year that exceeded guidance. Full-year operating income nearly doubled to $6.9 million, and GAAP net income attributable to the company was $2.95 million, or $0.25 per diluted share. Cash balances rose 56.3% to $27.1 million, while operating cash flow surged to $13.9 million from $0.4 million in the prior year. The company introduced fiscal 2027 guidance projecting revenue growth of 13% to 16%, gross margins of approximately 50% or better, and consolidated adjusted EBITDA growth of 15% to 25%. NetSol Technologies operates in the asset finance and leasing technology sector, providing AI-enabled software solutions for OEMs, dealerships, and financial institutions.