---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038988"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T22:58:43.530407+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-038988
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315224038988/0001493152-24-038988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315224038988/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038988
- JSON: https://secwatch.observer/filing/0001493152-24-038988.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038988.txt

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