Filing Flows › Netsol Technologies (NTWK) › Q2 FY25
Netsol Technologies (NTWK) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 13, 2025
Netsol Technologies (NTWK) reported revenue of $17.9M for the second quarter fiscal 2025 (Q2 FY25), +17% from a year earlier and +17% from the quarter before. Operating margin was -2.7%, net loss $1.2M (6.6% of revenue).
Netsol Technologies, Q2 FY25: revenue $17.9M (+17% year over year), operating margin -2.7%, net loss $1.2M, operating cash flow −$5.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.9M | +17% | +17% |
| Operating profit | −$487K | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$5.1M | — | — |
What changed
Revenue was $17.9M in Q2 FY25, up 17% year over year and up 17% from the previous quarter.
Gross margin was 38.7%, down 8.4 points from a year earlier. Operating costs exceeded revenue by $487K, an operating margin of -2.7%. Operating expenses grew 20% against revenue growth of 17%. The quarter ended with a net loss of $1.2M, after a profit of $218K the previous quarter. Minority interests bore $39K of it: to shareholders the quarter was a loss of $1.1M.
Operating cash flow was −$5.1M. Non-cash charges added back $373K of depreciation and $47K of share-based compensation. Working capital and other items used $4.4M. Capital expenditures of $467K exceeded it, leaving free cash flow of −$5.6M.
Questions
What was Netsol Technologies' revenue in the second quarter fiscal 2025?
Netsol Technologies (NTWK) reported revenue of $17.9M for the second quarter fiscal 2025 (Q2 FY25), +17% from a year earlier and +17% from the quarter before.
Was Netsol Technologies profitable in the second quarter fiscal 2025?
Operating loss was $487K (-2.7% of revenue) and net loss $1.2M.