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

NON-CONTROLLING INTEREST IN SUBSIDIARIES (Tables)

v3.25.2
NON-CONTROLLING INTEREST IN SUBSIDIARIES (Tables)
12 Months Ended
Jun. 30, 2025
Noncontrolling Interest [Abstract]  
SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

 

SUBSIDIARY   Non-Controlling Interest %     Non-Controlling Interest at June 30, 2025  
             
NetSol PK     30.24 %   $ 4,496,723  
NetSol Innovation     30.24 %     (637,529 )
NAMECET     30.24 %     567,819  
NIAI     30.24 %     (1,471 )
NetSol Thai     0.006 %     (184 )
OTOZ Thai     0.01 %     7  
OTOZ     0.00 %     -  
Total           $ 4,425,365  

 

SUBSIDIARY   Non-Controlling Interest %     Non-Controlling Interest at June 30, 2024  
             
NetSol PK     32.38 %   $ 4,679,101  
NetSol Innovation     32.38 %     137,232  
NAMECET     32.38 %     (21,014 )
NetSol Thai     0.006 %     (163 )
OTOZ Thai     5.60 %     (17,483 )
OTOZ     5.59 %     (83,255 )
Total           $ 4,694,418  
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

The following schedule discloses the effect on the Company’s equity due to the changes in the Company’s ownership interest.

 

    2025     2024  
    For the Years  
    Ended June 30,  
    2025     2024  
             
Net income (loss) attributable to NetSol   $ 2,923,233     $ 683,873  
Transfer to (from) non-controlling interest                
Decrease in paid-in capital for purchase of 177,558 shares of OTOZ Inc common stock     (103,132 )     -  
Increase in paid-in capital for purchase of 2,690,251 shares of common stock of NetSol PK from Open Market     29,135       -  
Net transfer to (from) non-controlling interest     (73,997 )     -  
Change from net income (loss) attributable to NetSol  and transfer (to) from non-controlling interest   $ 2,849,236     $ 683,873