Netsol ( (NTWK) ) has released its Q3 earnings. Here is a breakdown of the information Netsol presented to its investors.
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NETSOL Technologies, Inc. is a global leader in providing advanced solutions for the asset finance and leasing industry, catering to automotive OEMs, auto captives, and financial institutions across over 30 countries. The company is known for its innovative digital finance solutions and strong global delivery model.
In its third-quarter fiscal 2025 earnings report, NETSOL Technologies announced a 13% increase in total net revenues, reaching $17.5 million. The company highlighted strong growth in its services revenue and a steady performance in its subscription business, reflecting a growing demand for its digital finance solutions.
Key financial metrics from the report include a 24% increase in total services revenue to $9.7 million and a 10% rise in subscription and support revenues to $7.9 million. The company’s net profit for the quarter was $1.4 million, with a gross profit margin of 50%. Operating expenses increased slightly to $7.2 million, representing 41% of sales. NETSOL also reported a significant improvement in non-GAAP EBITDA, which rose to $2.2 million compared to $767,000 in the previous year.
The company continues to focus on innovation and operational efficiency, securing significant contracts with financial services providers in Oman and Indonesia. These strategic wins underscore NETSOL’s position as a preferred technology partner for financial institutions worldwide.
Looking ahead, NETSOL Technologies remains committed to sustainable growth and product innovation, aiming to deliver long-term value to its shareholders and maintain its leadership in the digital finance solutions market.