| 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:
SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST
| SUBSIDIARY |
|
Non-Controlling Interest % |
|
|
Non-Controlling Interest at
December 31, 2025
|
|
| |
|
|
|
|
|
|
| NetSol PK |
|
|
31.33 |
% |
|
$ |
5,572,128 |
|
| NetSol Innovation |
|
|
31.33 |
% |
|
|
(816,369 |
) |
| NAMECET |
|
|
31.33 |
% |
|
|
1,252,670 |
|
| NIAI |
|
|
31.33 |
% |
|
|
(9,576 |
) |
| NetSol Thai |
|
|
0.006 |
% |
|
|
(196 |
) |
| OTOZ Thai |
|
|
0.01 |
% |
|
|
(1 |
) |
| Total |
|
|
|
|
|
$ |
5,998,656 |
|
| 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.
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For
the Three Months |
|
|
For the Six
Months |
|
| |
|
Ended
December 31, |
|
|
Ended
December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net
income (loss) attributable to NetSol |
|
$ |
246,757 |
|
|
$ |
(1,147,042 |
) |
|
$ |
(2,110,531 |
) |
|
$ |
(1,076,247 |
) |
| Transfer
to (from) non-controlling interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Decrease
in paid-in capital for purchase of 177,558 shares of OTOZ Inc common stock |
|
|
|
|
|
|
31,004 |
|
|
|
- |
|
|
|
(112,010 |
) |
| Decrease
in paid-in capital for option exercise of 1,346,330 shares of common stock of NetSol PK by employees |
|
|
(151,204 |
) |
|
|
|
|
|
|
(189,920 |
) |
|
|
- |
|
| Net transfer to (from) non-controlling
interest |
|
|
(151,204 |
) |
|
|
31,004 |
|
|
|
(189,920 |
) |
|
|
(112,010 |
) |
| Change
from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest |
|
$ |
95,553 |
|
|
$ |
(1,116,038 |
) |
|
$ |
(2,300,451 |
) |
|
$ |
(1,188,257 |
) |
|