Netsol Technologies NTWK

Software - Infrastructure, Technology

$7.86

+1.42%

Market cap: $93.9M
PE: 31.4×; 10y median 22.2×
Forward PE: n/m; not a meaningful number
Price to sales: 1.3×
EV/EBIT: 10.8×
Revenue, 12 months: $74.4M; +13% on a year ago
Net margin: 4.0%
Free cash flow yield: 12.6%

Netsol Technologies trades at 31.4× trailing earnings, near its ten-year median. Revenue was $74.4M over the last twelve months, up 13% on a year earlier with a 4% net margin.

Charts

Financials

Income statement for NTWK, by quarter
Income statement	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
	$14.2M+12%	$15.2M+23%	$15.5M+15%	$16.4M+19%	$14.6M+3%	$15.5M+2%	$17.5M+13%	$18.4M+12%	$15M+3%	$18.8M+21%	$19.8M+13%	$20.7M+13%
Cost of revenue	$8.1M−4%	$8.1M−13%	$8M−9%	$8M−11%	$8M−1%	$8.6M+7%	$8.8M+10%	$8.1M+1%	$9.1M+13%	$9.8M+14%	$8.8M+0%	$7.5M−7%
Gross profit	$6.2M+45%	$7.2M+128%	$7.5M+59%	$8.5M+76%	$6.6M+7%	$6.9M−4%	$8.7M+17%	$10.3M+22%	$5.9M−10%	$9M+31%	$11M+26%	$13.2M+27%
R&D	$378.4K−19%	$341.4K−28%	$345.6K+14%	$337.2K−6%	$359.9K−5%	$333.7K−2%	$304.8K−12%	$277.5K−18%	$214.3K−41%	$247.7K−26%	$166.4K−45%	$153.6K−45%
SG&A	n/a	n/a	n/a	n/a	$7M	$7.1M	$6.9M	$6.9M	$7.5M+8%	$7.5M+6%	$7.9M+14%	$8.5M+24%
	$350.6K	$1M	$1.3M	$798.2K	−$760.2K	−$486.9K	$1.6M+18%	$3.2M+300%	−$1.8M+142%	$1.3M	$3M+94%	$4.5M+40%
Interest expense	$276K+127%	$290.3K+44%	$289.7K+54%	$286.1K+13%	$258.2K−6%	$236.4K−19%	$194.7K−33%	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$413K	$1.1M	$462.4K−90%	$1.2M	$447.5K+8%	−$854.6K	$2M+329%	$4.5M+268%	−$2M	$1.4M	$3.1M+56%	$4.7M+5%
	$121.9K−37%	$150.1K−32%	$146.6K−36%	$727K+155%	$229.8K+89%	$331.6K+121%	$151.3K+3%	$763.6K+5%	$215.8K−6%	$480.2K+45%	$781.2K+416%	$153.2K−80%
Net income	$30.9K	$408.3K	$327.5K−87%	−$82.9K−98%	$70.8K+129%	−$1.1M	$1.4M+335%	$2.6M	−$2.4M	$246.8K	$1.3M−9%	$3.8M+46%
	$0.00	$0.04	$0.03−87%	−$0.01−98%	$0.01+100%	−$0.10	$0.12+300%	$0.22	−$0.20	$0.02	$0.11−8%	$0.32+46%
	11.3M+1%	11.4M+1%	11.4M+1%	11.4M+1%	11.5M+1%	11.5M+1%	11.7M+2%	11.7M+3%	11.8M+3%	11.8M+3%	11.8M+1%	11.9M+2%

Operating income: 10 periods, Q1 FY11 to Q2 FY13: not printed by the filing, worked out from its own lines.

EPS, diluted: 15 periods, Q4 FY12 to Q4 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: 7 periods, Q4 FY12 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY14 to Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY20 and Q4 FY26: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Software - Infrastructure nearest Netsol Technologies' size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
NTWKNetsol Technologies	$93.9M	31.4×	22.2×	1.3×	+13%	4.0%
FATNFatpipe	$75.3M	13.7×	17.2×	3.7×	+23%	n/m
CCLDCareCloud	$75.2M	25.3×	37.4×	0.6×	+15%	6.2%
WFCFWhere Food Comes From	$74.6M	53.5×	42.3×	3.0×	−2%	5.8%
EGANEGAIN	$148.7M	17.8×	51.1×	1.6×	+3%	9.7%
IDNIntellicheck	$49.5M	16.3×	39.8×	2.1×	+17%	13.0%
MKLYMcKinley Acquisition	$250M	30.2×	35.0×	n/m	n/m	n/m
RBBNRibbon Communications	$250.4M	17.5×	18.7×	0.3×	−8%	2.0%
MKTWMarketwise	$297M	21.6×	7.4×	0.9×	−11%	0.7%
FIEEFiEE	$26.9M	9.3×	102×	n/m	n/m	n/m
MSGMMotorsport Games	$22.5M	11.4×	11.5×	1.5×	+79%	16.2%
Peer median	$75.3M	17.6×	36.2×	1.6×	+9%	6.2%