NetSol (NTWK) Revenue & Revenue Breakdown


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NetSol Revenue Highlights


Latest Revenue (Y)

$52.39M

Latest Revenue (Q)

$15.46M

Main Segment (Y)

Intercompany Revenue

Main Geography (Y)

Intercompany Revenue

NetSol Revenue by Period


NetSol Revenue by Year

DateRevenueChange
2023-06-30$52.39M-8.48%
2022-06-30$57.25M4.24%
2021-06-30$54.92M-2.58%
2020-06-30$56.37M-16.88%
2019-06-30$67.82M11.31%
2018-06-30$60.93M-6.79%
2017-06-30$65.37M1.26%
2016-06-30$64.55M26.45%
2015-06-30$51.05M40.30%
2014-06-30$36.38M-28.37%
2013-06-30$50.80M27.71%
2012-06-30$39.78M8.83%
2011-06-30$36.55M-0.63%
2010-06-30$36.78M39.06%
2009-06-30$26.45M-27.82%
2008-06-30$36.64M25.14%
2007-06-30$29.28M56.67%
2006-06-30$18.69M50.27%
2005-06-30$12.44M116.34%
2004-06-30$5.75M53.50%
2003-06-30$3.75M4.67%
2002-06-30$3.58M-46.81%
2001-06-30$6.73M-3.69%
2000-06-30$6.98M132.82%
1999-06-30$3.00M1676.88%
1998-06-30$168.84K-

NetSol generated $52.39M in revenue during NA 2023, up -8.48% compared to the previous quarter, and up 85.99% compared to the same period a year ago.

NetSol Revenue by Quarter

DateRevenueChange
2024-03-31$15.46M1.49%
2023-12-31$15.24M6.99%
2023-09-30$14.24M3.28%
2023-06-30$13.79M2.10%
2023-03-31$13.51M9.01%
2022-12-31$12.39M-2.49%
2022-09-30$12.71M-6.19%
2022-06-30$13.54M-8.54%
2022-03-31$14.81M-4.29%
2021-12-31$15.47M15.29%
2021-09-30$13.42M-12.67%
2021-06-30$15.37M11.49%
2021-03-31$13.78M5.05%
2020-12-31$13.12M3.75%
2020-09-30$12.65M-6.86%
2020-06-30$13.58M0.36%
2020-03-31$13.53M-13.76%
2019-12-31$15.69M15.60%
2019-09-30$13.57M-21.51%
2019-06-30$17.29M0.97%
2019-03-31$17.13M0.73%
2018-12-31$17.00M3.70%
2018-09-30$16.40M-1.35%
2018-06-30$16.62M-2.48%
2018-03-31$17.04M17.98%
2017-12-31$14.45M12.70%
2017-09-30$12.82M-11.48%
2017-06-30$14.48M-19.32%
2017-03-31$17.95M1.76%
2016-12-31$17.64M17.58%
2016-09-30$15.00M-21.37%
2016-06-30$19.08M19.44%
2016-03-31$15.97M-1.35%
2015-12-31$16.19M21.70%
2015-09-30$13.31M-13.57%
2015-06-30$15.39M17.75%
2015-03-31$13.07M5.84%
2014-12-31$12.35M20.78%
2014-09-30$10.23M7.13%
2014-06-30$9.55M1.96%
2014-03-31$9.36M7.52%
2013-12-31$8.71M-3.86%
2013-09-30$9.06M-40.03%
2013-06-30$15.10M17.87%
2013-03-31$12.81M8.52%
2012-12-31$11.81M6.65%
2012-09-30$11.07M-22.74%
2012-06-30$14.33M35.06%
2012-03-31$10.61M23.29%
2011-12-31$8.61M38.17%
2011-09-30$6.23M-9.62%
2011-06-30$6.89M-36.35%
2011-03-31$10.83M3.86%
2010-12-31$10.43M24.06%
2010-09-30$8.40M-21.50%
2010-06-30$10.71M19.84%
2010-03-31$8.93M-6.16%
2009-12-31$9.52M24.90%
2009-09-30$7.62M11.22%
2009-06-30$6.85M36.44%
2009-03-31$5.02M-4.70%
2008-12-31$5.27M-43.33%
2008-09-30$9.30M-11.55%
2008-06-30$10.52M15.98%
2008-03-31$9.07M7.86%
2007-12-31$8.41M-

NetSol generated $15.46M in revenue during Q3 2024, up 1.49% compared to the previous quarter, and up 124.81% compared to the same period a year ago.

NetSol Revenue Breakdown


NetSol Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceJun 23Jun 22
Intercompany Revenue$394.96K$10.07M

NetSol's latest annual revenue breakdown by segment (product or service), as of Jun 23: Intercompany Revenue (100.00%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Mar 19Dec 18
License$558.34K----
Intercompany Revenue-$100.10K$100.32K--
Unaffiliated Customers---$16.64M-
Affiliated Customers---$487.18K-
Services Revenue----$7.33M
Maintenance Revenue----$1.36M

NetSol's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: License (100.00%).

NetSol Revenue Breakdown by Country

Annual Revenue by Country

CountryJun 22Jun 21Jun 20Jun 19Jun 18
Intercompany Revenue$10.07M----
Europe-$549.03K$585.25K$574.52K$545.33K
Asia - Pacific-$11.68M$7.05M$7.51M$2.73M

NetSol's latest annual revenue breakdown by geography, as of Jun 22: Intercompany Revenue (100.00%).

Quarterly Revenue by Country

CountryMar 24Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Mar 19Dec 18Sep 18Mar 18
Europe$869.43K$122.15K$160.97K$126.76K$139.16K$130.21K$143.81K$164.40K$146.82K$120.15K$157.68K$138.65K$1.76M
North America$203.66K$998.40K-----------
Asia Pacific$465.42K------------
Asia - Pacific-$2.58M$3.81M$3.13M$2.16M$1.43M$2.05M$2.51M$1.06M$1.39M$2.31M$3.19M$12.89M
Affiliated Customers---------$487.18K---
Unaffiliated Customers---------$16.64M---

NetSol's latest quarterly revenue breakdown by geography, as of Mar 24: Europe (56.51%), Asia Pacific (30.25%), and North America (13.24%).

NetSol Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MLNKMeridianLink$303.62M$78.68M
ENFNEnfusion$174.53M$49.45M
PDFSPDF Solutions$165.84M$41.66M
AMSWAAmerican Software$102.52M$26.19M
RDVTRed Violet$60.20M$19.06M
CCRDCoreCard$56.00M$13.80M
NTWKNetSol$52.39M$15.46M
VQSVIQ Solutions$45.84M$10.10M
CREXCreative Realities$45.17M$12.29M
RSSSResearch Solutions$37.70M$12.12M
MNDOMIND C.T.I.$21.61M$5.76M
AWREAware$18.24M$4.32M
IDBAIDEX Biometrics ASA$4.09M$1.46M

NTWK Revenue FAQ


NetSol's yearly revenue for 2023 was $52.39M, representing a decrease of -8.48% compared to 2022. The company's yearly revenue for 2022 was $57.25M, representing an increase of 4.24% compared to 2021. NTWK's yearly revenue for 2021 was $54.92M, representing a decrease of -2.58% compared to 2020.

NetSol's quarterly revenue for Q3 2024 was $15.46M, a 1.49% increase from the previous quarter (Q2 2024), and a 14.50% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $15.24M, a 6.99% increase from the previous quarter (Q1 2024), and a 22.98% increase year-over-year (Q2 2023). NTWK's quarterly revenue for Q1 2024 was $14.24M, a 3.28% increase from the previous quarter (Q4 2023), and a 12.09% increase year-over-year (Q1 2023).

NetSol's revenue growth rate for the last 3 years (2021-2023) was -4.60%, and for the last 5 years (2019-2023) was -22.75%.

NetSol's revenue streams in n 23 are Intercompany Revenue

For the fiscal year ending Jun 23, the largest source of revenue of NetSol was Intercompany Revenue. This segment made a revenue of $394.96K, representing 100.00% of the company's total revenue.