secwatch.observer — SEC 8-K summary
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Issuer:     NETSOL TECHNOLOGIES INC (NTWK)
CIK:        0001039280
Form:       8-K
Filed at:   2021-09-28T23:59:59+00:00
Accession:  0001493152-21-023998
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

NetSol Q4 revenue up 13% to $15.4M; EPS $0.17; guides FY22 rev growth of at least 10%
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- Q4 total net revenues $15.4M, +13% YoY; GAAP net income $1.9M ($0.17 diluted) vs $1.2M ($0.10).
- Subscription and support revenue reached $22.2M annual run rate; guides FY22 at least 20% growth.
- Introduced FY2022 guidance: total revenue growth of at least 10%, subscription/support growth at least 20%.
- Otoz launched digital retail platform for BMW/MINI; first U.S. NFS Ascent sale signed.
- Non-GAAP adjusted EBITDA $2.9M ($0.26) vs $2.0M ($0.17) in Q4 last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039280/000149315221023998/0001493152-21-023998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039280/000149315221023998/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-023998

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer