Quarterly report [Sections 13 or 15(d)]

NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)

v3.25.3
NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
3 Months Ended
Sep. 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

September 30, 2025

 
             
NetSol PK     30.47 %   $ 4,773,605  
NetSol Innovation     30.47 %     (725,468 )
NAMECET     30.47 %     686,443  
NIAI     30.47 %     (4,743 )
NetSol Thai     0.006 %     (189 )
OTOZ Thai     0.01 %     6  
Total           $ 4,729,654  

 

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  

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 Three Months Ended September 30,  
    2025     2024  
             
Net income (loss) attributable to NetSol   $ (2,357,288 )   $ 70,795  
Transfer to (from) non-controlling interest                
Decrease in paid-in capital for purchase of 157,895 shares of OTOZ Inc common stock             (143,014 )
Decrease in paid-in capital for option exercise of 278,455 shares of common stock of NetSol PK by emplyees     (38,716 )        
Net transfer to (from) non-controlling interest     (38,716 )     (143,014 )
Change from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest   $ (2,396,004 )   $ (72,219 )