---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-012960"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T17:34:06.356159+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NetSol Q3 FY2022 revenue up 7.4% to $14.8M; GAAP net loss narrows to $0.3M

## Summary
- Total net revenues $14.8M, up 7.4% YoY; subscription & support revenues $6.6M (up 16%).
- GAAP net loss $0.3M ($0.02/share) improved from loss of $0.6M ($0.05) in prior year period.
- Non-GAAP adjusted EBITDA $0.4M ($0.03/share) vs $0.2M ($0.02) prior year.
- Gross margin fell to 39% from 47% due to higher salary and consulting costs.
- Annualized recurring revenue run rate $26.2M; Otoz MINI Anywhere live with 17 dealerships.

## SEC filing metadata
- accession: 0001493152-22-012960
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315222012960/0001493152-22-012960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315222012960/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-012960
- JSON: https://secwatch.observer/filing/0001493152-22-012960.json
- Plain text: https://secwatch.observer/filing/0001493152-22-012960.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.