NetSol Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. NetSol Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $61,393,091. The net income raised on $683,873 and profit margin reached 1%. Total operating expenses were $25,791,315.
Profit Margin
| 2015 | 51.04M | -5.54M | -10.87% |
|---|---|---|---|
| 2016 | 64.55M | 3.40M | 5.27% |
| 2017 | 65.36M | -4.97M | -7.62% |
| 2018 | 60.93M | 4.30M | 7.07% |
| 2019 | 67.81M | 12.01M | 17.72% |
| 2020 | 56.37M | 937.08K | 1.66% |
| 2021 | 54.92M | 1.77M | 3.24% |
| 2022 | 57.24M | 1.10M | 1.92% |
| 2023 | 52.39M | -5.24M | -10.01% |
| 2024 | 61.39M | 683.87K | 1.11% |
NTWK Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 61.39M | 52.39M | 57.24M | 54.92M | 56.37M | 67.81M | 60.93M | 65.36M | 64.55M | 51.04M |
Cost of revenue | 32.10M | 35.47M | 33.51M | 28.56M | 29.40M | 33.37M | 31.72M | 36.95M | 33.74M | 33.02M |
Gross profit | 29.28M | 16.91M | 23.73M | 26.35M | 26.96M | 34.44M | 29.20M | 28.40M | 30.80M | 18.02M |
Operating exp. | ||||||||||
Research and development | 1.40M | 1.60M | 1.34M | 674.16K | 1.46M | 1.97M | 853.99K | 393.34K | 485.78K | 314.89K |
Selling and marketing | 0 | 0 | 7.22M | 6.55M | 6.45M | 7.83M | 7.62M | 9.74M | 7.82M | 6.09M |
Total operating expenses | 25.79M | 25.69M | 24.81M | 23.63M | 25.89M | 27.61M | 26.15M | 29.40M | 24.49M | 23.19M |
Operating income | 3.49M | -8.77M | -1.66M | 4.47M | 2.25M | 6.82M | 3.05M | -1.00M | 6.30M | -5.16M |
Other income (expenses), net | -270.10K | 5.56M | 3.75M | -1.18M | 1.26M | 6.24M | 4.79M | 196.72K | -489.29K | 330.13K |
Income before tax | 3.22M | -3.21M | 2.08M | 3.28M | 2.33M | 13.07M | 8.02M | -804.48K | 5.70M | -4.83M |
Income tax expense | 1.14M | 926.56K | 988.93K | 1.02M | 1.14M | 1.05M | 873.02K | 931.95K | 652.54K | 413.49K |
Net income | 683.87K | -5.24M | 1.10M | 1.77M | 937.08K | 12.01M | 4.30M | -4.97M | 3.40M | -5.54M |
Earnings per share | ||||||||||
Basic EPS | 0.06 | -0.46 | 0.09 | 0.15 | 0.07 | 1.04 | 0.38 | -0.46 | 0.33 | -0.57 |
Diluted EPS | 0.05 | -0.46 | 0.09 | 0.15 | 0.07 | 1.03 | 0.38 | -0.46 | 0.32 | -0.57 |
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