NetSol reports FY2024 revenue $61.4M (+17% YoY), swings to $0.06 EPS from $(0.46)

NETSOL TECHNOLOGIES INC

2025-Q1 EPS reported $0.01 revenue$15,219,890

Q4 revenue $16.4M (+19% YoY); gross margin 52% vs 35% a year ago.
FY2024 operating income $3.5M vs an $(8.8M) loss; GAAP net income $0.06 per share.
Annual recurring revenue $28M meets FY2024 target; subscription/support up 10% to $7.5M in Q4.
Non-GAAP EBITDA for Q4 $1.2M, compared with a $(4.5M) loss in Q4 FY2023.

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