NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2024

NOTE 4 – EARNINGS PER SHARE

Basic earnings per share are computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.

	For the three months ended March 31, 2024						For the nine months ended March 31, 2024
	Net Income		Shares		Per Share		Net Income		Shares		Per Share
Basic income (loss) per share:
Net income (loss) available to common shareholders	$	327,549		11,390,888	$	0.03	$	766,755		11,369,778	$	0.07
Effect of dilutive securities
Stock options		-		39,605		-		-		39,605		-
Diluted income (loss) per share	$	327,549		11,430,493	$	0.03	$	766,755		11,409,383	$	0.07

	For the three months ended March 31, 2023						For the nine months ended March 31, 2023
	Net Income		Shares		Per Share		Net Loss			Shares		Per Share

Basic income (loss) per share:
Net income (loss) available to common shareholders	$	2,544,623		11,283,954	$	0.23	$	(169,032	)		11,270,466	$	(0.01	)
Effect of dilutive securities
Stock options		-		-		-		-			-		-
Diluted income (loss) per share	$	2,544,623		11,283,954	$	0.23	$	(169,032	)		11,270,466	$	(0.01	)

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

March 31, 2024

(Unaudited)