reports
Leading Chinese Automaker Expands Use of NETSOL’s Transcend Finance Pl...
Leading Chinese Automaker Expands Use of NETSOL’s Transcend Finance Platform Following Strategic Acquisition ENCINO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global provider of business services and enterprise application solutions, today announced the continued expansion of its Transcend Finance platform by the financial division of one of China’s largest state-owned automotive manufacturers. This follows the automaker’s strategic acquisition of another domestic finance company, specifically to enhance its wholesale finance operations. The en...
NETSOL Secures Product Expansion with UK Brokerage Charles and Dean
NETSOL Secures Product Expansion with UK Brokerage Charles and Dean The strategic move follows the successful integration of NETSOL's Flex and Dock solutions in August 2024 and marks a significant step in Charles and Dean's commitment to scaling operations and enhancing service delivery. ENCINO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced that Charles and Dean, one of the United Kingdom's leading independent finance brokers, has expanded its adoption of NETSOL’...
NETSOL appoints Richard Howard as Advisory Board Member
NETSOL appoints Richard Howard as Advisory Board Member ENCINO, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced the appointment of Richard Howard, a distinguished automotive executive with an extensive leadership track record at Daimler Financial Services, to its Advisory Board. While Richard joins NETSOL in the capacity of an Advisory Board Member, his involvement will go far beyond a traditional advisory role. He will play an active part in shaping the corporate st...
NETSOL Technologies Reports Third Quarter Fiscal 2025 Results
NETSOL Technologies Reports Third Quarter Fiscal 2025 Results Total net revenues for Q3’25 increased by 13%, reaching $17.5 million, when compared with Q3’24.Total service revenue increased 24% in Q3’25, reaching $9.7 million, when compared with Q3,’24.Total subscription (SaaS and Cloud) and support revenues increased 10% to $7.9 million, compared to $7.1 million in the prior year period.Net profit for Q3’2025 was $1.4 million. ENCINO, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: ), a global business services and asset finance solutions provider, reported results ...
NETSOL Technologies Sets Fiscal Third Quarter 2025 Conference Call for...
NETSOL Technologies Sets Fiscal Third Quarter 2025 Conference Call for Wednesday, May 14, 2025, at 9:00 AM ET ENCINO, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, May 14, 2025, at 9:00 AM ET to discuss its financial results for the fiscal third quarter of 2025 (ended March 31, 2025). Following the call, management will host a question-and-answer session. Date: Wednesday, May 14, 2025 Time: 9:00 AM Eastern Time (6:00 AM Pacific Time)Toll...
NETSOL signs multi-million-dollar agreement with Chinese Leasing Compa...
NETSOL signs multi-million-dollar agreement with Chinese Leasing Company for the implementation of Transcend Finance in Indonesia ENCINO, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed a contract with a Chinese leasing company – marking the customer's expansion into the Indonesian market. The company specializes in providing a variety of leasing solutions across multiple industries, with a particular emphasis on equipment leasing, asset fin...
NETSOL Technologies appoints Dario Morelli as Vice President of Artifi...
NETSOL Technologies appoints Dario Morelli as Vice President of Artificial Intelligence ENCINO, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, has announced the appointment of Dario Morelli as Vice President of Artificial Intelligence. Based in the United Kingdom, in this key position, Morelli will lead NETSOL’s recently launched Transcend AI Labs – its new innovation hub for AI-driven automation, consulting and product development. This strategic hire underscores the company’s commitme...
NETSOL unveils Transcend AI Labs focused on building AI solutions for ...
NETSOL unveils Transcend AI Labs focused on building AI solutions for the asset retail and finance industry Launches interactive AI Assistant and Intelligent Document Processing (IDP) capabilities to improve efficiencies and provide better decision-making for businesses ENCINO, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, has announced the launch of Transcend AI Labs. This new AI innovation hub empowers automotive and equipment OEMs, dealerships and financiers with AI-driven innovati...
NETSOL signs multi-million-dollar agreement with Sindbad Management SP...
NETSOL signs multi-million-dollar agreement with Sindbad Management SPC in Oman for the implementation of Transcend Finance ENCINO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed an agreement with Sindbad Management SPC – A major Muscat-based company which provides big-ticket asset financing and leasing covering various asset types such as marine vessels, aircrafts, machinery and other equipment, alongside vehicles in Oman and other countries...
NETSOL Technologies Reports Second Quarter Fiscal 2025 Results
NETSOL Technologies Reports Second Quarter Fiscal 2025 Results Double digit growth in subscription and support revenues in 2Q’25Total service revenue increased 26% in 2Q’2545% gross margins in 2Q’25Cash and cash equivalents increased to $21.3 million ENCINO, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: ), a global business services and asset finance solutions provider, reported results for the second fiscal quarter and six months ended December 31, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL Technologies Inc...
NETSOL Technologies Sets Fiscal Second Quarter 2025 Conference Call fo...
NETSOL Technologies Sets Fiscal Second Quarter 2025 Conference Call for Thursday, February 13 at 9:00 am ET ENCINO, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Thursday, February 13, 2025, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal second quarter of 2025 ended December 31, 2024. Following the call, management will host a question-and-answer session. Date: Thursday, February 13, 2025Time: ...
Leading Japanese Equipment Finance Company and Longstanding NETSOL Cus...
Leading Japanese Equipment Finance Company and Longstanding NETSOL Customer Goes Live with NETSOL’s Transcend Finance Platform in Australia ENCINO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, has announced the go-live of its Transcend Finance Platform for a leading Japanese equipment finance company in Australia. NETSOL announced a multi-million dollar agreement with this customer in February 2023 for the implementation of NETSOL’s Transcend Finance, which includes Omni Point-of-Sale ...
NETSOL China President Receives Two Awards Recognizing Excellence in F...
NETSOL China President Receives Two Awards Recognizing Excellence in Finance and Leasing ENCINO, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, today announced that Amanda Li Linjie, President of NETSOL China, has received two prestigious awards recognizing outstanding performance in the Chinese finance and leasing industry. On November 22, Ms. Li Linjie was honored with the Automotive Finance New Productivity Innovation Pioneer Award at the China Auto Finance and Industry Development Co...
NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter C...
NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 ENCINO, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ), a global business services and asset finance solutions provider, today announced that management will be participating in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 on December 10 and 11, 2024. Management will deliver a company presentation at 12 noon ET on December 10, followed by one-on-one meetings with investors on December 11. For more information about the iAccess Alpha Virtual Best Ideas Winter Conference 2024, or to r...
NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Incre...
NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025 3% increase in 1Q’25 total net revenues to $14.6 million26% increase in 1Q’25 subscription and support revenues to $8.2 million45% gross margins in 1Q’25Net income in 1Q’25 of $71,000 building on FY’24 profitabilityCash and cash equivalents increased to $24.5 millionSigned expansion agreement with major automaker in China increasing contract value to over $30 millionSigned $16 million agreement with major automaker in the United States ENCINO, Ca...
NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for...
NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for Wednesday, November 13 at 9:00 am ET ENCINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, November 13, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal first quarter of 2025 ended September 30, 2024. Following the call, management will host a question-and-answer session. Date: Wednesday, November 13, 2024Time: ...
Leading Chinese Auto Finance Provider Transitions to NETSOL’s Transcen...
Leading Chinese Auto Finance Provider Transitions to NETSOL’s Transcend Finance Platform as Part of Multimillion-Dollar Agreement ENCINO, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that a renowned provider of automotive financial services across China and longstanding partner of the Company has gone live with NETSOL’s Transcend Finance Platform as part of a multimillion-dollar agreement. The Guangzhou-based customer, who has been a ...
NETSOL Technologies Inc. to Present at The ThinkEquity Conference
NETSOL Technologies Inc. to Present at The ThinkEquity Conference ENCINO, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- , Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, announced today that Najeeb Ghauri, Co-Founder, Chairman, and Chief Executive Officer, and Erik Wagner, Chief Marketing Officer, will attend The ThinkEquity Conference at the Mandarin Oriental Hotel in New York City on Wednesday, October 30, 2024. Mr. Ghauri and Mr. Wagner will present at the conference and be available for one-on-one meetings through...
NETSOL Unveils the Transcend Platform to Provide Customers with a Unif...
NETSOL Unveils the Transcend Platform to Provide Customers with a Unified Digital Retail and Asset Finance Solution New AI-powered platform to transform the auto and equipment buying, leasing and financing experience ENCINO, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- , Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, announced today its new unified Transcend Platform – an AI-powered digital retail and asset finance solution for automotive and equipment OEMs, auto captives, commercial lenders, dealers, brokers and ...
NETSOL Announces New Strategic Partner Hiltermann as Part of Ongoing E...
NETSOL Announces New Strategic Partner Hiltermann as Part of Ongoing European Expansion Netherlands-based lender enhances NETSOL’s presence in key geographic market ENCINO, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: ), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced a new strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry. Hiltermann has gone live with NETSOL’s Wholesale Finance System (WFS) and will leverage the company’s i...
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