NetSol Technologies Inc
netsoltech.comWhat Do They Do?
Sells asset finance and leasing software, digital vehicle retail tools, and related services to automotive manufacturers, dealerships, lenders and financial institutions.
10-K for FY2026, filed Sep 28, 2026NetSol Technologies, Inc. (“NetSol” or the “Company”) is a global provider of AI-enabled solutions and services powering OEMs, dealerships…View ↗
The Company serves two complementary markets: the global asset finance and leasing industry, and digital retail for vehicle sales, where…View ↗
Transcend™ Retail is a digital retail platform for vehicle sales. It gives the buyer a single continuous purchase experience, from…View ↗
Transcend™ Finance is the Company’s platform for lenders and lessors. It comprises three core solutions: Originations, Servicing and…View ↗
How Do They Make Money?
Customers pay for software licenses when the software is delivered, while subscriptions and support are billed in advance and paid over their service terms. Implementation and other services are billed at project milestones or as work is done.
10-K for FY2026, filed Sep 28, 2026Transfer of control for software is considered to have occurred upon delivery of the product to the customer. The Company’s typical payment…View ↗
Subscription revenue is recognized ratably over the initial subscription period committed to by the customer commencing when the product is…View ↗
Revenue from support services and product updates, referred to as subscription and support revenue, is recognized ratably over the term of…View ↗
Revenue from professional services is typically comprised of implementation, development, data migration, training or other consulting…View ↗
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10-K for FY2026, filed Sep 28, 2026
FY2026 revenue by product or service (Total consolidated revenues) ↗
$78.1M
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10-K for FY2026, filed Sep 28, 2026
$78.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
License
Sold outright
|
6.7%
FY2023: 4.3%
|
License, FY2026
$5M Sources
|
Sold outright |
|
Subscription And Support
|
48%
FY2023: 50%
|
Subscription And Support, FY2026
$35.8M Sources
|
|
|
Service
|
45%
FY2023: 46%
|
Service, FY2026
$33.6M Sources
|
Who Are Their Customers?
Automotive manufacturers, dealer groups and dealerships use the retail platform; lenders, lessors, banks and other financial institutions use finance and leasing software. The company also serves customers through regional advisory and technology partners.
10-K for FY2026, filed Sep 28, 2026Transcend™ Retail is a digital retail platform for vehicle sales. It gives the buyer a single continuous purchase experience, from…View ↗
Transcend™ Finance is the Company’s platform for lenders and lessors. It comprises three core solutions: Originations, Servicing and…View ↗
Sales, marketing and customer concentrationView ↗
Expand through partnerships. The Company uses strategic partnerships with regional advisory and technology firms to extend its market…View ↗
10-K for FY2026, filed Sep 28, 2026
For the year ended June 30, 2026, two customers accounted for 25.1% and 15.2% of net revenues. For the year ended June 30, 2025, two…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 4 cents of every revenue dollar as net income in FY2026 and turned 15 cents into free cash flow.
10-K for FY2026, filed Sep 28, 2026
$6.9MView ↗
10-K for FY2026, filed Sep 28, 2026
$3MView ↗
10-K for FY2026, filed Sep 28, 2026
$11.9MView ↗
How Are They Changing?
Growing. Revenue grew 37% in 4 years, from $57.2M in FY2022 to $78.1M in FY2026, about 8% a year.
A broader product range
The older report centers on finance and leasing software, while the latest report also describes a digital retail platform for vehicle sales to manufacturers and dealer groups.
10-K for FY2023, filed Sep 22, 2023 10-K for FY2026, filed Sep 28, 2026
A unified platform
The older report describes its NFS Ascent finance and leasing suite and cloud deployment; the latest report presents Transcend as a unified platform serving finance, leasing and automotive retail.
10-K for FY2023, filed Sep 22, 2023 10-K for FY2026, filed Sep 28, 2026
Who Do They Compete With?
Competes with Alfa Financial Software, Sofico, Solifi, Odessa, FIS, AutoFi, CarNow, Cox Automotive, CDK Global, and Tekion
10-K for FY2026, filed Sep 28, 2026The market for asset finance and leasing software is competitive and fragmented across regions. The Company’s principal competitors include…View ↗
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