UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 1, 2025
Commission file number: 0-22773
NETSOL TECHNOLOGIES, INC.
(Exact name of small business issuer as specified in its charter)
| NEVADA | 95-4627685 | |
|
(State or other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer NO.) |
16000 Ventura Blvd., Suite 770, Encino, CA 91436
(Address of principal executive offices) (Zip Code)
(818) 222-9195 / (818) 222-9197
(Issuer’s telephone/facsimile numbers, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock, $.01 par value per share | NTWK | NASDAQ |
Emerging growth company ☐
Item 2.02 Results of Operations and Financial Condition.
On April 30, 2025, NetSol Technologies, Inc.’s Pakistani subsidiary, NetSol Technologies, Ltd. posted the results of operations and financial conditions for second quarter ended March 31, 2025. The results are posted on the Pakistan Stock Exchange. These results represent only the results of one subsidiary of NetSol Technologies, Inc. and are not representative of the results of the NetSol Technologies, Inc. on a consolidated basis.
The information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document field under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Exhibits
| 99.1 | Earnings Announcement for April 30, 2025, for NetSol Technologies Ltd. |
| 104 | Inline XBRL for the cover page of this Current Report on Form 8-K |
| Page |
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NETSOL TECHNOLOGIES, INC. | |
| Date: May 1, 2025 | /s/ Najeeb Ghauri |
| NAJEEB GHAURI | |
| Chief Executive Officer |
| Date: May 1, 2025 | /s/ Roger Almond |
| ROGER ALMOND | |
| Chief Financial Officer |
| Page |
EXHIBIT 99.1
NetSol Technologies Limited Pakistan, (“NetSol PK”), a majority owned subsidiary of NetSol Technologies, Inc., today announced financial results for the quarter ended March 31, 2025.
Financial Highlights Q3, 2024-25
| ● | Company posted revenues of PKR 2,287 million compared to PKR 2,247 million in corresponding quarter of last fiscal year | |
| ● | Gross profit remained at PKR 858 million compared to PKR 984 million in the corresponding period | |
| ● | Company reported a net profit of PKR 177 million compared to PKR 64 million last year |
Revenues for the quarter ended March 31, 2025 slightly increased to PKR 2,287 million from PKR 2,247 million in the same quarter of last fiscal year. The company reported a gross profit of PKR 858 million compared to PKR 984 million in the comparative quarter of last fiscal year. The company posted a net profit of PKR 177 million or an EPS of PKR 2.03 per diluted share in comparison of a net profit of PKR 64 million or an EPS of PKR 0.72 per diluted share in the same quarter of fiscal 2024.