NETSOL Technologies (NTWK)
Market Price (3/30/2026): $3.33 | Market Cap: $39.3 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
NETSOL Technologies (NTWK)
Market Price (3/30/2026): $3.33Market Cap: $39.3 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% | Weak multi-year price returns2Y Excs Rtn is -6.2%, 3Y Excs Rtn is -33% | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 61x |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34% | Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.5% | |
| Megatrend and thematic driversMegatrends include Cloud Computing, Fintech & Digital Payments, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. | Key risksNTWK key risks include [1] significant foreign currency exposure with substantial uninsured cash held in foreign entities, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Fintech & Digital Payments, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -6.2%, 3Y Excs Rtn is -33% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 61x |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.5% |
| Key risksNTWK key risks include [1] significant foreign currency exposure with substantial uninsured cash held in foreign entities, Show more. |
Qualitative Assessment
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NETSOL Technologies (NTWK) stock has gained about 10% since 11/30/2025 because of the following key factors:
1. Strong Q2 Fiscal 2026 Financial Performance.
NETSOL Technologies reported a significant increase in total net revenues for the second fiscal quarter of 2026, rising 21.1% year-over-year to $18.8 million, driven by a 40.9% increase in services revenues and a 5.1% rise in recurring subscription and support revenues. The company also returned to profitability with an operating income of $1.3 million, up from a loss of $0.5 million in the prior-year quarter, and a GAAP net income of $0.2 million, or $0.02 per diluted share. This positive financial turnaround contributed to the stock's upward trend, with shares gaining 15.3% in the 29 days following the earnings release.
2. Major Contract Extensions and New Deals.
A substantial factor was the signing of a $50 million, four-year contract extension with a tier-one global auto captive in December 2025, which is expected to support recurring revenue. Furthermore, in March 2026, another tier-one U.S.-based auto captive went live in China on NETSOL's Transcend Finance platform as part of a deal exceeding $10 million. These large, multi-year agreements highlight continued client trust and expanded business opportunities.
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1. Strong Q2 Fiscal 2026 Financial Performance.
NETSOL Technologies reported a significant increase in total net revenues for the second fiscal quarter of 2026, rising 21.1% year-over-year to $18.8 million, driven by a 40.9% increase in services revenues and a 5.1% rise in recurring subscription and support revenues. The company also returned to profitability with an operating income of $1.3 million, up from a loss of $0.5 million in the prior-year quarter, and a GAAP net income of $0.2 million, or $0.02 per diluted share. This positive financial turnaround contributed to the stock's upward trend, with shares gaining 15.3% in the 29 days following the earnings release.
2. Major Contract Extensions and New Deals.
A substantial factor was the signing of a $50 million, four-year contract extension with a tier-one global auto captive in December 2025, which is expected to support recurring revenue. Furthermore, in March 2026, another tier-one U.S.-based auto captive went live in China on NETSOL's Transcend Finance platform as part of a deal exceeding $10 million. These large, multi-year agreements highlight continued client trust and expanded business opportunities.
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Stock Movement Drivers
Fundamental Drivers
The 9.3% change in NTWK stock from 11/30/2025 to 3/29/2026 was primarily driven by a 263.6% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.01 | 3.29 | 9.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 67 | 70 | 4.9% |
| Net Income Margin (%) | 0.7% | 2.7% | 263.6% |
| P/E Multiple | 71.5 | 20.5 | -71.3% |
| Shares Outstanding (Mil) | 12 | 12 | -0.2% |
| Cumulative Contribution | 9.3% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NTWK | 9.3% | |
| Market (SPY) | -5.3% | 8.6% |
| Sector (XLK) | -9.1% | 6.2% |
Fundamental Drivers
The -18.8% change in NTWK stock from 8/31/2025 to 3/29/2026 was primarily driven by a -88.5% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.05 | 3.29 | -18.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 64 | 70 | 8.8% |
| Net Income Margin (%) | 0.4% | 2.7% | 555.5% |
| P/E Multiple | 178.7 | 20.5 | -88.5% |
| Shares Outstanding (Mil) | 12 | 12 | -1.0% |
| Cumulative Contribution | -18.8% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NTWK | -18.8% | |
| Market (SPY) | 0.6% | 13.2% |
| Sector (XLK) | -0.7% | 8.8% |
Fundamental Drivers
The 31.1% change in NTWK stock from 2/28/2025 to 3/29/2026 was primarily driven by a 19.7% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.51 | 3.29 | 31.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 62 | 70 | 12.5% |
| P/S Multiple | 0.5 | 0.6 | 19.7% |
| Shares Outstanding (Mil) | 11 | 12 | -2.7% |
| Cumulative Contribution | 31.1% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NTWK | 31.1% | |
| Market (SPY) | 9.8% | 21.2% |
| Sector (XLK) | 15.9% | 20.0% |
Fundamental Drivers
The 18.6% change in NTWK stock from 2/28/2023 to 3/29/2026 was primarily driven by a 30.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.77 | 3.29 | 18.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 53 | 70 | 30.5% |
| P/S Multiple | 0.6 | 0.6 | -4.9% |
| Shares Outstanding (Mil) | 11 | 12 | -4.5% |
| Cumulative Contribution | 18.6% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NTWK | 18.6% | |
| Market (SPY) | 69.4% | 14.7% |
| Sector (XLK) | 94.5% | 14.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NTWK Return | 4% | -27% | -24% | 19% | 16% | 12% | -11% |
| Peers Return | -13% | 3% | 8% | 86% | -41% | -29% | -26% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| NTWK Win Rate | 50% | 33% | 25% | 42% | 58% | 33% | |
| Peers Win Rate | 42% | 54% | 54% | 39% | 33% | 13% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| NTWK Max Drawdown | -2% | -27% | -39% | -6% | -17% | -4% | |
| Peers Max Drawdown | -29% | -24% | -29% | -8% | -56% | -37% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PLUS, IMMR, BMR, KNRX, RPGL. See NTWK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | NTWK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -69.0% | -25.4% |
| % Gain to Breakeven | 222.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -54.1% | -33.9% |
| % Gain to Breakeven | 117.8% | 51.3% |
| Time to Breakeven | 301 days | 148 days |
| 2018 Correction | ||
| % Loss | -65.9% | -19.8% |
| % Gain to Breakeven | 193.3% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -94.4% | -56.8% |
| % Gain to Breakeven | 1683.3% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to PLUS, IMMR, BMR, KNRX, RPGL
In The Past
NETSOL Technologies's stock fell -69.0% during the 2022 Inflation Shock from a high on 11/8/2021. A -69.0% loss requires a 222.3% gain to breakeven.
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About NETSOL Technologies (NTWK)
NetSol Technologies, Inc. designs, develops, markets, and exports software products to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry. Its NFS Ascent constituent applications include Omni Point of Sale, a web-based application; Contract Management System (CMS), an application for managing and maintaining credit contracts; Wholesale Finance System (WFS), a system for automating and managing the lifecycle of wholesale finance; Dealer Auditor Access System, a web-based solution that could be used in conjunction with WFS or any third-party wholesale finance system; NFS Ascent On The Cloud, a cloud-version of NFS Ascent; and NFS Digital solutions covering Self Point of Sale, Mobile Account, Mobile Point of Sale, Mobile Dealer, Mobile Auditor, Mobile Collector, and Mobile Field Investigator. The company also provides Otoz Digital Auto-Retail, a white-labelled SaaS platform; Otoz Ecosystem, an API-based architecture; and Otoz Platform, a white label platform, which includes Dealer Tool and Customer App portals. In addition, it offers system integration, consulting, and IT products and services. It serves blue chip organizations, Dow-Jones 30 Industrials, Fortune 500 manufacturers and financial institutions, vehicle manufacturers, and enterprise technology providers. The company was incorporated in 1997 and is headquartered in Calabasas, California.
AI Analysis | Feedback
NetSol Technologies (NTWK) is like:
- SAP for the global auto finance and leasing industry.
- Fiserv specifically tailored for vehicle financing companies.
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- NFS Ascent Suite: A comprehensive suite of financial applications for the finance and leasing industry, available both on-premise and as a cloud version.
- NFS Digital Solutions: A collection of mobile-centric applications supporting functions like self point-of-sale, account management, dealer interaction, auditing, and collections.
- Otoz Digital Auto-Retail: A white-labelled SaaS platform designed for digital automotive retail operations.
- Otoz Platform: A white-label platform offering tools such as Dealer Tool and Customer App portals, supporting the broader Otoz ecosystem.
- System Integration Services: Professional services for integrating software and IT systems into client environments.
- Consulting Services: Expert advisory services providing strategic guidance in technology and business processes.
- IT Products and Services: General information technology solutions and support.
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NETSOL Technologies (NTWK) primarily sells its software products and services to other companies. Based on the provided background information, specific names of its major customer companies are not listed.
However, the company targets and serves large organizations within the following industries and segments:
- Automobile financing and leasing industry
- Banking industry
- Financial services industry
- Vehicle manufacturers
- Enterprise technology providers
- Blue chip organizations
- Dow-Jones 30 Industrials
- Fortune 500 manufacturers and financial institutions
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Najeeb Ghauri, Founder, Chairman & Chief Executive Officer, NETSOL Technologies, Inc.
Najeeb Ghauri founded NETSOL Technologies in 1997. Prior to establishing NETSOL, he held senior divisional roles at Fortune 500 companies such as Unilever and Atlantic Richfield Corporation (ARCO). He spearheaded NETSOL's NASDAQ listing in 1999, marking it as the first Pakistani IT firm to be publicly listed in the U.S. Mr. Ghauri was also a finalist for Ernst & Young's Entrepreneur of the Year award.
Sardar Abubakr, Chief Financial Officer
Sardar Abubakr was appointed Chief Financial Officer of NETSOL Technologies, Inc. effective January 20, 2026. He brings over two decades of international leadership experience across Europe and Asia, covering finance, strategy, digital transformation, and mergers & acquisitions. Most recently, he served as Vice President of New Business Ventures and M&A at Jazz, a subsidiary of VEON Group, where he led new venture creation, strategic transactions, and major restructuring within a prominent regional digital ecosystem.
Roger Almond, Chief Accounting Officer
Roger Almond transitioned to Chief Accounting Officer of NETSOL Technologies, Inc. effective January 20, 2026, after serving as the company's Chief Financial Officer since September 2013. His prior experience includes positions as Audit Manager at Grant Thornton from 2003 to 2006 and Chief Financial Officer of Keysor Century Corporation from 1999 to 2003.
Naeem Ghauri, Co-Founder, President & Head of Global Sales, Chief Executive Officer Innovation and OTOZ
Naeem Ghauri is a co-founder of NETSOL Technologies. He previously served as the Chief Executive Officer of NetSol from August 2001 to October 2006. Before his time at NETSOL, he was a Program Director for Mercedes-Benz Finance Ltd., a subsidiary of DaimlerChrysler, overseeing multi-country technology delivery, and worked as a Senior IT Consultant with various blue-chip companies in Europe. Mr. Ghauri also founded OTOZ, Inc.
Salim Ghauri, Founder & Chief Executive Officer, NETSOL Technologies, LLC (Pakistan)
Salim Ghauri is a co-founder of NETSOL Technologies, having started NETSOL in Pakistan in 1995 or 1996. Prior to founding NETSOL, he worked as an IT consultant in Saudi Arabia and Australia. Under his leadership, NETSOL became the first company in Pakistan to achieve CMMI Level 5 status.
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The key risks to NETSOL Technologies (NTWK) include its inconsistent operating performance and profitability, the intense competition within its niche market and dependence on the cyclical health of the financing sector, and a concentration of revenue from a limited number of major customers.
- Inconsistent Operating Performance and Profitability: NETSOL Technologies has shown fluctuating financial results, including a GAAP net loss and widening operating loss in the first quarter of fiscal year 2026, which is a significant reversal from the prior fiscal year's net income. While the company is transitioning to a recurring revenue model with growth in subscription and support revenues, its overall profitability and cash flow generation have been inconsistent compared to larger SaaS competitors. Additionally, the company's gross margins are notably below the industry benchmark for pure-play SaaS companies, indicating a structural challenge in achieving higher profitability.
- Competition and Niche Market Dependence: The company operates in a highly competitive global FinTech industry, specifically targeting the asset finance and leasing sector. While this specialization is a strength, it also limits the total addressable market and ties the company's revenue streams closely to the cyclical nature of the global financing sector. NETSOL faces direct competition from other specialized software providers and more formidable indirect competition from large, diversified FinTech conglomerates that possess extensive resources for research and development, broad global reach, and the ability to offer bundled lending solutions with other financial services.
- Customer Concentration: A substantial portion of NETSOL Technologies' revenue is derived from a small number of major clients. For instance, in fiscal year 2019, approximately 53.8% of its revenue came from its two largest customers, Daimler and BMW. This significant customer concentration poses a considerable risk, as the loss of a major client or adverse business conditions affecting these key customers could have a material negative impact on the company's financial performance.
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NETSOL Technologies (NTWK) operates within several significant addressable markets related to the global leasing, financing, and automotive industries. Here are the estimated market sizes for their main products and services: * **Asset Finance and Leasing Software Market:** The global asset finance and leasing software market was valued at USD 1.34 billion in 2023 and is projected to reach USD 3.72 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.01% from 2024 to 2032. Another estimate places the global market at USD 4.36 billion in 2025, growing to USD 8.56 billion by 2034, with a CAGR of 7.80%. North America is a significant region in this market. * **Automotive Finance Market:** The global automotive finance market size was valued at USD 295.13 billion in 2024 and is projected to reach USD 451.71 billion by 2030, growing at a CAGR of 7.4% from 2025 to 2030. Europe dominated this market in 2024, and Asia Pacific is expected to be the fastest-growing regional market. * **Automotive Retail SaaS Market:** The global automotive retail SaaS market size was estimated at USD 20.13 billion in 2024 and is expected to reach USD 39.43 billion by 2032, with a CAGR of 8.76%. * **Digital Dealer Platform Market:** The global digital dealer platform market is set to rise from approximately USD 3.66 billion in 2026 to USD 11.4 billion by 2035, growing at a CAGR of 13.5% between 2026 and 2035. North America leads this market with a 45–50% share, followed by Europe with 30–33%. * **Online Vehicle Retail Market:** The global online vehicle retail market was valued at US$ 320.4 billion in 2023 and is estimated to grow at a CAGR of 6.6% from 2024 to 2034, reaching US$ 684.2 billion by the end of 2034. North America accounted for a significant share of this global market in 2023. * **Automotive F&I (Finance & Insurance) Software Market:** The global automotive F&I software market size was USD 1.7 billion in 2024 and is projected to reach USD 3.55 billion by 2033, exhibiting a CAGR of 8.7% during the forecast period. * **Automotive Dealer Technology Platforms Market:** The global automotive dealer technology platforms market was valued at USD 2,690 million in 2025 and is anticipated to reach USD 4,587.5 million by 2033, expanding at a CAGR of 6.9%.AI Analysis | Feedback
NETSOL Technologies (NTWK) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Growth in Recurring Subscription and Support Revenues: NETSOL is strategically shifting its business model towards recurring subscription and support revenues, emphasizing its cloud and Software-as-a-Service (SaaS) offerings. This shift provides a more stable and predictable revenue stream, with subscription and support revenues increasing 26% in the first quarter of fiscal 2025 and 18% for the full fiscal year 2025. The company anticipates this trend to continue, with recurring subscription and support revenues forming the majority of its revenue base.
- Expansion into New Geographic Markets, particularly the U.S.: The company is actively focusing on expanding its market penetration, especially within the U.S., which it identifies as a significant market for leasing volume and automotive sales. This expansion is evidenced by a 5-year, $16 million contract secured with a major automaker in the U.S. and a $15 million five-year deal with BMW in the US in fiscal year 2024.
- Launch and Adoption of New AI-Powered Products and Platforms: Innovation through artificial intelligence is a significant driver. NETSOL has introduced new AI-powered platforms such as "Transcend" for digital retail and asset finance and "Check," an AI-enabled credit decisioning engine integrated into its loan origination platform. Investments in AI are expected to fuel growth and enhance product recognition.
- Securing Strategic Multi-Year Contracts: Recent large, multi-year contract wins provide long-term revenue visibility. Examples include a $50-million, four-year contract extension with a Tier 1 global auto captive and a significant $10M+ deal in China with a Tier-one U.S.-based auto captive. These contracts demonstrate strong client relationships and contribute to sustained revenue.
- Increase in Services Revenue from Product Implementations: Growth in services revenue, driven by new implementations for major customers, is a key indicator for future recurring revenue. Services revenue increased 40.9% in Q2 fiscal 2026, largely due to heightened implementation efforts. As these implementations transition to live operations and expand, they are expected to convert into recurring subscription and support revenues.
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Share Repurchases
- NetSol PK announced a share buyback program on January 3, 2025, to repurchase up to 10,000,000 shares, representing approximately 11.1% of outstanding shares, through June 29, 2025. As of February 10, 2025, approximately 2,358,000 shares, valued at about $1,345,000, had been repurchased.
- In fiscal year 2021, the company made share repurchases including $100.17K in September 2021, $299.93K in June 2021, and $672.43K in March 2021.
Capital Expenditures
- For the second quarter of fiscal year 2026 (ended December 31, 2025), capital expenditures were $371,000, a 20.6% decrease year-over-year.
- Over the last twelve months, capital expenditures totaled -$1.67 million.
- The company consistently invests in its product portfolio, including AI-enabled capabilities for its Transcend platform, and aims to expand its global footprint, which involves expenses such as new employee hires and platform development.
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 2.35 |
| Mkt Cap | 0.2 |
| Rev LTM | 1,664 |
| Op Inc LTM | 78 |
| FCF LTM | -34 |
| FCF 3Y Avg | 73 |
| CFO LTM | -30 |
| CFO 3Y Avg | 78 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.9% |
| Rev Chg 3Y Avg | 9.3% |
| Rev Chg Q | 24.6% |
| QoQ Delta Rev Chg LTM | 5.3% |
| Op Mgn LTM | 6.0% |
| Op Mgn 3Y Avg | 7.1% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | -0.8% |
| CFO/Rev 3Y Avg | 4.8% |
| FCF/Rev LTM | -2.1% |
| FCF/Rev 3Y Avg | 3.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.2 |
| P/S | 0.6 |
| P/EBIT | 5.9 |
| P/E | 14.8 |
| P/CFO | 14.4 |
| Total Yield | 7.1% |
| Dividend Yield | 0.3% |
| FCF Yield 3Y Avg | 4.1% |
| D/E | 0.3 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.2% |
| 3M Rtn | -17.3% |
| 6M Rtn | -41.2% |
| 12M Rtn | -32.1% |
| 3Y Rtn | -26.5% |
| 1M Excs Rtn | -1.0% |
| 3M Excs Rtn | -9.2% |
| 6M Excs Rtn | -36.5% |
| 12M Excs Rtn | -45.8% |
| 3Y Excs Rtn | -98.6% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $3.29 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 09/25/1998 | |
| Distance from 52W High | -37.0% | |
| 50 Days | 200 Days | |
| DMA Price | $3.39 | $3.68 |
| DMA Trend | up | up |
| Distance from DMA | -3.0% | -10.5% |
| 3M | 1YR | |
| Volatility | 58.4% | 62.1% |
| Downside Capture | 0.59 | 0.35 |
| Upside Capture | 177.12 | 75.35 |
| Correlation (SPY) | 11.7% | 21.2% |
NTWK Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.34 | 1.28 | 0.96 | 1.09 | 0.71 | 0.55 |
| Up Beta | -4.61 | -2.83 | -1.43 | 1.22 | 0.53 | 0.40 |
| Down Beta | 3.80 | 1.99 | 2.33 | 2.35 | 1.12 | 0.54 |
| Up Capture | 366% | 310% | 156% | 15% | 58% | 31% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 13 | 24 | 30 | 61 | 128 | 356 |
| Down Capture | 114% | 143% | 52% | 70% | 54% | 87% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 16 | 30 | 57 | 110 | 350 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NTWK | |
|---|---|---|---|---|
| NTWK | 35.8% | 61.9% | 0.74 | - |
| Sector ETF (XLK) | 22.4% | 26.8% | 0.73 | 20.1% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 21.3% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -9.8% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | -0.4% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 21.0% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 7.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NTWK | |
|---|---|---|---|---|
| NTWK | -7.0% | 53.3% | 0.06 | - |
| Sector ETF (XLK) | 15.4% | 24.6% | 0.56 | 12.9% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 13.7% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | -3.1% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 1.2% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 10.3% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 4.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NTWK | |
|---|---|---|---|---|
| NTWK | -7.3% | 52.5% | 0.07 | - |
| Sector ETF (XLK) | 20.8% | 24.3% | 0.79 | 15.7% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 17.3% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 0.1% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 6.5% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 12.6% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 4.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2020 | -1.6% | 5.3% | 32.7% |
| SUMMARY STATS | |||
| # Positive | 0 | 1 | 1 |
| # Negative | 1 | 0 | 0 |
| Median Positive | 5.3% | 32.7% | |
| Median Negative | -1.6% | ||
| Max Positive | 5.3% | 32.7% | |
| Max Negative | -1.6% | ||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/12/2026 | 10-Q |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 09/29/2025 | 10-K |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 02/13/2025 | 10-Q |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 09/30/2024 | 10-K |
| 03/31/2024 | 05/20/2024 | 10-Q |
| 12/31/2023 | 02/13/2024 | 10-Q |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 09/22/2023 | 10-K |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 02/14/2023 | 10-Q |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 09/27/2022 | 10-K |
| 03/31/2022 | 05/12/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ghauri, Najeeb | CEO | Direct | Buy | 11172025 | 2.90 | 1,714 | 4,971 | 2,682,651 | Form |
| 2 | Ghauri, Najeeb | CEO | Direct | Buy | 11172025 | 2.98 | 5,950 | 17,708 | 2,770,865 | Form |
| 3 | Ghauri, Naeem | President | Direct | Buy | 7152025 | 3.85 | 18,279 | 70,374 | 1,770,434 | Form |
| 4 | Ghauri, Najeeb | CEO | Direct | Buy | 7152025 | 3.69 | 5,025 | 18,543 | 3,407,209 | Form |
| 5 | Ghauri, Najeeb | CEO | Direct | Buy | 7072025 | 3.37 | 5,000 | 16,850 | 3,077,865 | Form |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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