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ENCINO, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the successful go-live of its Transcend Finance platform for a leading Chinese leasing company, marking the customer's official launch of operations in the Indonesian market. The customer, known for offering a wide range of leasing solutions across sectors including equipment leasing, asset financing and commercial leasing, has deployed NETSOL's Transcend Finance for its retail operations, comprising Omni Point of Sale (Omni POS) and Contract Management
ENCINO, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, participated at the Shanghai Cooperation Organization (SCO) Summit in Tianjin, China this past week on July 11, 2025, where it signed a strategic cooperation agreement with Tianjin Binhai Smart Group Co., Ltd. and the Dongjiang Free Trade Port Zone Government. The partnership will focus on two strategic initiatives: integrated financial services for the automotive industry and cross-border data services. The signing took place during the forum's main session, with Ms
ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic growth. Most notably, he served as Chief Executive Officer for BMW Group Financial Services – USA and the Americas from 2017 to 2021, where he was responsible for a balance sheet exceeding $
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Total net revenues for Q3'25 increased by 13%, reaching $17.5 million, when compared with Q3'24.Total service revenue increased 24% in Q3'25, reaching $9.7 million, when compared with Q3,'24.Total subscription (SaaS and Cloud) and support revenues increased 10% to $7.9 million, compared to $7.1 million in the prior year period.Net profit for Q3'2025 was $1.4 million. ENCINO, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the third fiscal quarter ended March 31, 2025. "We delivered solid performance in the third quarter, with strong
ENCINO, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, May 14, 2025, at 9:00 AM ET to discuss its financial results for the fiscal third quarter of 2025 (ended March 31, 2025). Following the call, management will host a question-and-answer session. Date: Wednesday, May 14, 2025 Time: 9:00 AM Eastern Time (6:00 AM Pacific Time)Toll-Free Dial-In: 877-407-0789International Dial-In: 201-689-8562 The conference call will also be broadcast live and available for replay here, along with additional replay access being provided through the company
Double digit growth in subscription and support revenues in 2Q'25Total service revenue increased 26% in 2Q'2545% gross margins in 2Q'25Cash and cash equivalents increased to $21.3 million ENCINO, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the second fiscal quarter and six months ended December 31, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL Technologies Inc., commented, "Our second quarter of fiscal 2025 was highlighted by strong growth in recurring revenues which have been a key strategic f
ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic growth. Most notably, he served as Chief Executive Officer for BMW Group Financial Services – USA and the Americas from 2017 to 2021, where he was responsible for a balance sheet exceeding $
ENCINO, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, has announced the appointment of Richard Howard, a distinguished automotive executive with an extensive leadership track record at Daimler Financial Services, to its Advisory Board. While Richard joins NETSOL in the capacity of an Advisory Board Member, his involvement will go far beyond a traditional advisory role. He will play an active part in shaping the corporate strategy, with a particular emphasis on accelerating growth in North America - one of NETSOL's focus markets. NETSOL expects that Richard's insights will support
ENCINO, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and asset finance solutions provider, has announced the appointment of Dario Morelli as Vice President of Artificial Intelligence. Based in the United Kingdom, in this key position, Morelli will lead NETSOL's recently launched Transcend AI Labs – its new innovation hub for AI-driven automation, consulting and product development. This strategic hire underscores the company's commitment to advancing its AI-first approach and reinforcing its position at the forefront of innovation in the asset finance and leasing sector. As a business leader and AI strategist with over 15
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