Filing Analysis
NetSol Technologies, Inc. held its annual meeting of shareholders on June 18, 2026. The filing reports the results of shareholder votes regarding director elections, executive compensation, and the ratification of auditors.
🚩 Red Flags
- Relatively low voter turnout (69.73%) compared to some highly engaged micro-caps.
- Asad Ghauri received a notably lower percentage of votes for director election (86.80%) compared to other directors.
📋 Key Facts
- Annual meeting held on June 18, 2026.
- Quorum established with 69.73% (8,270,463 shares) of issued and outstanding shares voted.
- Seven directors were elected to hold office until the next Annual General Meeting.
- Shareholders approved executive compensation on an advisory basis with 77.51% in favor.
- Fortune CPA, Inc. was ratified as auditors for the fiscal year ending June 30, 2026, with 98.64% approval.
NetSol Technologies, Inc. announced its financial results for the fiscal quarter and nine months ended March 31, 2026. The disclosure was made through a press release furnished as Exhibit 99.1 to the 8-K filing.
📋 Key Facts
- The filing reports financial results for the quarter and nine months ended March 31, 2026.
- The report was filed on May 14, 2026, under Item 2.02 (Results of Operations and Financial Condition).
- The filing was signed by CEO Najeeb Ghauri and CFO Sardar Mohammad Abubakr.
- The information is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act.
NetSol Technologies, Inc. reported that its Pakistani subsidiary, NetSol Technologies, Ltd., has released its financial results for the second quarter ended March 31, 2026. The results were posted on the Pakistan Stock Exchange and represent only the subsidiary's performance, not the consolidated entity.
📋 Key Facts
- NetSol Technologies, Ltd. (Pakistani subsidiary) posted Q2 results on May 4, 2026.
- The results pertain to the period ended March 31, 2026.
- The disclosure was made on the Pakistan Stock Exchange.
- Management explicitly stated these results are not representative of NetSol Technologies, Inc. on a consolidated basis.
NetSol Technologies, Inc. has filed an 8-K to announce its results of operations and financial condition for the quarter and six months ended December 31, 2025.
📋 Key Facts
- Report date: February 12, 2026
- Reporting period covered: Quarter and six months ended December 31, 2025
- The filing includes a press release (Exhibit 99.1) regarding financial results.
- The information is furnished but not 'filed' for purposes of Section 18 liability.
NetSol Technologies, Inc. announced the appointment of Sardar Abubakr as Chief Financial Officer, effective January 20, 2026. The former CFO, Roger Almond, will transition to the role of Chief Accounting Officer.
🚩 Red Flags
- CFO transition: While not explicitly stated as a resignation, the movement of the CFO to Chief Accounting Officer constitutes a change in key executive leadership.
📋 Key Facts
- Sardar Abubakr appointed as CFO effective January 20, 2026.
- Abubakr's compensation includes a base salary and benefits totaling approximately $280,000 per year plus KPI-based bonuses.
- Former CFO Roger Almond is transitioning to the role of Chief Accounting Officer under existing terms.
- Abubakr previously held leadership roles at Jazz (a VEON subsidiary) and CDO Mobilink Bank/Jazzcash.
NetSol Technologies, Inc. has filed an 8-K to announce its results of operations and financial condition for the quarter ended September 30, 2025.
📋 Key Facts
- Reporting date: November 12, 2025
- Period covered: Quarter ended September 30, 2025
- The filing is a standard announcement of quarterly financial results (Item 2.02).
- Results are furnished via press release in Exhibit 99.1.
NetSol Technologies, Inc. filed an 8-K to furnish a press release regarding the quarterly results of its subsidiary, NetSol Technologies Limited (Pakistan), for the period ended September 30, 2025.
📋 Key Facts
- The filing relates to the financial performance of the company's Pakistani subsidiary.
- Results are for the quarter ended September 30, 2025.
- Press release was issued on October 30, 2025, and furnished as Exhibit 99.1.
NetSol Technologies, Inc. filed an 8-K to furnish its press release announcing the results of operations and financial condition for the fiscal year ended June 30, 2025.
📋 Key Facts
- Report date: September 29, 2025
- Reporting period: Fiscal year ended June 30, 2025
- The filing is a standard disclosure of annual financial results via Exhibit 99.1.
NetSol Technologies, Inc. held its annual meeting of shareholders on June 24, 2025. The filing reports the results of shareholder votes regarding director elections, executive compensation, auditor ratification, share authorization increases, and a new equity incentive plan.
🚩 Red Flags
- Low approval rate (51.18%) for the 2025 Equity Incentive Plan suggests significant shareholder dissent or lack of consensus on compensation/dilution structures.
- Relatively low turnout for director elections, with some directors receiving as little as ~62% support.
📋 Key Facts
- Annual meeting held on June 24, 2025.
- Quorum established with 70.70% (8,279,429 shares) of total issued and outstanding shares voted.
- Five directors were elected: Najeeb Ghauri (74.40%), Mark Caton (62.22%), Malea Farsai (74.56%), Syed Kausar Kazmi (65.72%), and Ian Smith (76.74%).
- Shareholders approved advisory compensation for Named Executive Officers with 72.95% in favor.
- Fortune CPA, Inc. was ratified as auditors for the fiscal year ending June 30, 2025 (85.02% in favor).
- Approved amendment to increase authorized capital stock from 15M to 18.5M shares and common stock from 14.5M to 18M shares.
- The adoption of the 2025 Equity Incentive Plan was approved with a narrow margin of 51.18% in favor.
NetSol Technologies, Inc. filed an 8-K to announce its results of operations and financial condition for the fiscal quarter ended March 31, 2025.
📋 Key Facts
- The filing was made on May 14, 2025.
- Reports financial results for the quarter ending March 31, 2025.
- Results were released via a press release furnished as Exhibit 99.1.
NetSol Technologies, Inc. is reporting the quarterly financial results of its Pakistani subsidiary, NetSol Technologies, Ltd., for the second quarter ended March 31, 2025. The filing notes that these results are specific to the subsidiary and do not represent the consolidated financial position of the parent company.
🚩 Red Flags
- Information is limited to a single subsidiary and does not reflect consolidated parent company performance.
📋 Key Facts
- Reporting date: May 1, 2025
- Period covered: Second quarter ended March 31, 2025
- Entity reporting: NetSol Technologies, Ltd. (Pakistani subsidiary)
- The results were posted on the Pakistan Stock Exchange.
- Results are not representative of the consolidated financial condition of NetSol Technologies, Inc.
NetSol Technologies, Inc. issued an 8-K to announce its results of operations and financial condition for the quarter ended December 31, 2024.
📋 Key Facts
- The filing was made on February 13, 2025.
- Report covers the quarterly period ending December 31, 2024.
- Financial results were released via a press release (Exhibit 99.1).
- Signed by CEO Najeeb Ghauri and CFO Roger Almond.
NetSol Technologies, Inc. filed an 8-K to furnish its quarterly results of operations and financial condition for the period ended September 30, 2024.
📋 Key Facts
- The filing was made on November 13, 2024.
- The report pertains to the quarter ended September 30, 2024.
- Financial results were released via a press release (Exhibit 99.1).
NetSol Technologies, Inc. reported the quarterly financial results of its Pakistani subsidiary, NetSol Technologies, Ltd., for the period ending September 30, 2024. These results are filed on the Pakistan Stock Exchange and do not represent the consolidated financials of the parent company.
🚩 Red Flags
- Results only reflect a single subsidiary and are not representative of the parent company's consolidated financial position.
📋 Key Facts
- Reporting date: October 30, 2024
- Period covered: First quarter ended September 30, 2024
- Entity reporting: NetSol Technologies, Ltd. (Pakistani subsidiary)
- The results are posted on the Pakistan Stock Exchange and do not represent consolidated results for NetSol Technologies, Inc.
NetSol Technologies, Inc. filed an 8-K to furnish its press release regarding the results of operations and financial condition for the fiscal year and fourth quarter ended June 30, 2024.
📋 Key Facts
- Report date: September 30, 2024
- Reporting period: Fiscal year and fourth quarter ended June 30, 2024
- The filing is a standard disclosure of quarterly/annual financial results via Exhibit 99.1.
NetSol Technologies, Inc. announced the release of financial results for its Pakistani subsidiary, NetSol Technologies, Ltd., for the fiscal year ended June 30, 2024. These results are reported on the Pakistan Stock Exchange and do not represent the consolidated financials of the parent company.
🚩 Red Flags
- Results only reflect a single subsidiary, not the consolidated parent company's performance.
📋 Key Facts
- Reporting date: September 12, 2024
- Subsidiary involved: NetSol Technologies, Ltd. (Pakistani subsidiary)
- Period covered: Fiscal year ended June 30, 2024
- The results are filed on the Pakistan Stock Exchange and do not represent consolidated results for NetSol Technologies, Inc.
NetSol Technologies, Inc. held its annual meeting of shareholders on June 13, 2024. The company successfully elected five directors and received shareholder approval for executive compensation and the ratification of Fortune CPA, Inc. as auditors.
📋 Key Facts
- Annual meeting held on June 13, 2024.
- 61.15% (6,975,119 shares) of total issued and outstanding shares voted at the meeting.
- Five directors elected: Najeeb Ghauri, Mark Caton, Malea Farsai, Michael Francis, and Kausar Kazmi.
- Shareholders approved advisory compensation for named executive officers with 90.66% in favor.
- Ratification of Fortune CPA, Inc. as auditors for the fiscal year ending June 30, 2024, passed with 97.53% approval.
NetSol Technologies, Inc. filed an 8-K to furnish its quarterly results of operations and financial condition for the period ended March 31, 2024.
📋 Key Facts
- The filing was made on May 20, 2024.
- Reports results for the quarter ended March 31, 2024.
- Information is furnished via Exhibit 99.1 (Press Release) and is not considered 'filed' under Section 18 of the Exchange Act.
NetSol Technologies, Inc. announced the dismissal of its independent registered public accounting firm, BF Borgers CPA PC, and the appointment of Fortune CPA, Inc. as its new auditor effective May 6, 2024.
🚩 Red Flags
- Auditor change in a micro-cap company can sometimes precede financial restatements or internal control issues, despite the company's claims of 'no disagreements'.
📋 Key Facts
- Dismissal of BF Borgers CPA PC on May 6, 2024.
- Appointment of Fortune CPA, Inc. to serve for the quarter ending March 31, 2024, and fiscal year ending June 30, 2024.
- The company states there were no disagreements with BF Borgers regarding accounting principles, practices, or auditing scope through May 6, 2024.
- BF Borgers' reports for fiscal years ended June 30, 2023, and 2022 contained no adverse opinions or disclaimers.
NetSol Technologies, Inc. announced the release of quarterly financial results for its Pakistani subsidiary, NetSol Technologies, Ltd., for the second quarter ended March 31, 2024. The filing notes that these results are specific to the subsidiary and do not represent the consolidated financials of the parent company.
🚩 Red Flags
- Results only reflect a single subsidiary and do not represent the parent company's consolidated financial position.
📋 Key Facts
- Reporting date: April 30, 2024
- Period covered: Second quarter ended March 31, 2024
- Entity reporting: NetSol Technologies, Ltd. (Pakistani subsidiary)
- Exchange: Results posted on the Pakistan Stock Exchange
- The results are not representative of the consolidated financials of NetSol Technologies, Inc.
NetSol Technologies, Inc. filed an 8-K to furnish its quarterly results of operations and financial condition for the period ended December 31, 2023.
📋 Key Facts
- Report date: February 13, 2024
- Reporting period: Quarter ended December 31, 2023
- The filing serves to furnish Exhibit 99.1 (Press Release) containing financial results.
- Signed by CEO Najeeb Ghauri and CFO Roger Almond.