NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

REVENUES IN EXCESS OF BILLINGS – LONG TERM (Tables)

12 Months Ended

Jun. 30, 2022

Revenues in excess of billings, net consisted of the following:


	As of			As of
	June 30, 2022			June 30, 2021

Revenues in excess of billings - long term	$	881,940		$	1,024,382
Present value discount		(28,339	)		(66,779	)
Net Balance	$	853,601		$	957,603