NetSol Historical Income Statement
| NTWK Stock | USD 2.69 0.01 0.37% |
Historical analysis of NetSol Technologies income statement accounts such as Gross Profit of 18.1 M can show how well NetSol Technologies performed in making a profits. Evaluating NetSol Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NetSol Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NetSol Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NetSol Technologies is a good buy for the upcoming year.
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About NetSol Income Statement Analysis
NetSol Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NetSol Technologies shareholders. The income statement also shows NetSol investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
NetSol Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts NetSol Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of NetSol Technologies minus its cost of goods sold. It is profit before NetSol Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NetSol Technologies. It is also known as NetSol Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on NetSol Technologies income statement and represents the costs associated with goods and services NetSol Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in NetSol Technologies financial statement analysis. It represents the amount of money remaining after all of NetSol Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from NetSol Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NetSol Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Net Income From Continuing Ops is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 2.1 M this year, although the value of Gross Profit will most likely fall to about 18.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 16.9M | 29.3M | 18.1M | Total Revenue | 57.2M | 52.4M | 61.4M | 38.5M |
NetSol Technologies income statement Correlations
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NetSol Technologies Account Relationship Matchups
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NetSol Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 3.7M | 4.0M | 3.8M | 3.2M | 1.7M | 1.6M | |
| Interest Expense | 346.9K | 394.3K | 369.8K | 765.0K | 1.1M | 1.2M | |
| Total Revenue | 56.4M | 54.9M | 57.2M | 52.4M | 61.4M | 38.5M | |
| Gross Profit | 27.0M | 26.4M | 23.7M | 16.9M | 29.3M | 18.1M | |
| Other Operating Expenses | 55.3M | 52.2M | 58.3M | 61.2M | 57.9M | 38.0M | |
| Operating Income | 2.3M | 4.5M | (1.7M) | (8.8M) | 3.5M | 3.7M | |
| Ebit | 2.3M | 2.7M | (1.1M) | (2.5M) | 4.4M | 4.6M | |
| Ebitda | 6.0M | 6.7M | 2.7M | 791.7K | 6.1M | 5.7M | |
| Cost Of Revenue | 29.4M | 28.6M | 33.5M | 35.5M | 32.1M | 20.4M | |
| Total Operating Expenses | 25.9M | 23.6M | 24.8M | 25.7M | 25.8M | 17.4M | |
| Net Income | 937.1K | 1.8M | 1.1M | (5.2M) | 683.9K | 718.1K | |
| Selling General Administrative | 17.1M | 15.4M | 15.4M | 24.1M | 24.4M | 12.7M | |
| Income Before Tax | 2.3M | 3.3M | 2.1M | (3.2M) | 3.2M | 3.4M | |
| Total Other Income Expense Net | 74.9K | 567.4K | 3.2M | 5.6M | (270.1K) | (256.6K) | |
| Income Tax Expense | 1.1M | 1.0M | 988.9K | 926.6K | 1.1M | 614.8K | |
| Selling And Marketing Expenses | 7.8M | 6.5M | 6.6M | 7.2M | 8.3M | 5.4M | |
| Net Income Applicable To Common Shares | 937.1K | 1.8M | (851.2K) | (5.2M) | (4.7M) | (4.5M) | |
| Minority Interest | 6.5M | 7.2M | (2.0M) | (1.1M) | (1.4M) | (1.3M) | |
| Net Income From Continuing Ops | 1.2M | 2.3M | 1.1M | (4.1M) | 2.1M | 2.2M | |
| Research Development | 1.5M | 674.2K | 1.3M | 1.6M | 1.4M | 927.9K | |
| Tax Provision | 1.1M | 1.0M | 988.9K | 926.6K | 1.1M | 1.0M | |
| Interest Income | 1.6M | 1.0M | 1.7M | 1.2M | 1.9M | 1.1M | |
| Net Interest Income | 1.2M | 623.1K | 1.3M | 452.8K | 769.1K | 603.0K | |
| Reconciled Depreciation | 3.7M | 4.0M | 3.8M | 3.2M | 1.7M | 3.3M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetSol Technologies. If investors know NetSol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetSol Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.