Quarterly report [Sections 13 or 15(d)]

MAJOR CUSTOMERS

v3.25.3
MAJOR CUSTOMERS
3 Months Ended
Sep. 30, 2025
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS

NOTE 6 – MAJOR CUSTOMERS

 

For the three months ended September 30, 2025, the Company had three customers that comprised 24.7%, 14.8% and 10.4% of the Company’s net revenues, respectively.

 

For the three months ended September 30, 2024, the Company had two customers that comprised 22% and 16.9% of the Company’s net revenues, respectively.

 

As of September 30, 2025, no customer accounted for more than 10% of accounts receivable.

 

As of June 30, 2025, three customers accounted for 16.8%, 16.1% and 10.8% of accounts receivable, respectively.

 

As of September 30, 2025, four customers accounted for 22.2%, 20.7%, 12.1% and 11.5% of revenues in excess of billings, respectively.

 

As of June 30, 2025, four customers accounted for 24.2%, 16.9%, 15.9% and 11.9% of revenues in excess of billings, respectively.

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

September 30, 2025

(Unaudited)