Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.2
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Net Revenues:    
Total net revenues $ 66,088,229 $ 61,393,091
Cost of revenues 33,513,697 32,108,221
Gross profit 32,574,532 29,284,870
Operating expenses:    
Selling, general and administrative 27,796,936 24,388,714
Research and development cost 1,275,878 1,402,601
Total operating expenses 29,072,814 25,791,315
Income (loss) from operations 3,501,718 3,493,555
Other income and (expenses)    
Interest expense (871,355) (1,142,166)
Interest income 1,871,040 1,911,258
Gain (loss) on foreign currency exchange transactions 1,301,613 (1,187,320)
Other income 244,241 148,120
Total other income (expenses) 2,545,539 (270,108)
Net income before  income taxes 6,047,257 3,223,447
Income tax provision (1,476,338) (1,145,518)
Net income 4,570,919 2,077,929
Non-controlling interest (1,647,686) (1,394,056)
Net income attributable to NetSol $ 2,923,233 $ 683,873
Net income per share:    
Basic $ 0.25 $ 0.06
Diluted $ 0.25 $ 0.06
Weighted average number of shares outstanding    
Basic 11,576,287 11,378,595
Diluted 11,576,287 11,421,940
License [Member]    
Net Revenues:    
Total net revenues $ 598,633 $ 5,449,991
Subscription and Support [Member]    
Net Revenues:    
Total net revenues 32,934,648 27,952,768
Service [Member]    
Net Revenues:    
Total net revenues $ 32,554,948 $ 27,990,332