NETSOL Technologies secured a multi-million-dollar contract with a Japanese auto finance company for its Transcend Finance platform in Australia.
Quiver AI Summary
NETSOL Technologies, Inc. has announced a significant multi-million-dollar contract with a leading Japanese auto captive finance company in Australia, marking a long-term five-year agreement for the deployment of its Transcend Finance platform. This platform will enhance operations across Australia and New Zealand, following a longstanding relationship dating back to 2008. The engagement aims to provide integrated retail and wholesale solutions, ensuring efficient lifecycle management and compliance for automotive finance firms. NETSOL's CEO, Najeeb Ghauri, emphasized that this collaboration reflects the customer's trust in NETSOL’s innovative capabilities and reinforces the company's status in the Asia-Pacific region. Additionally, specialized support will be given during implementation to facilitate a seamless transition, further demonstrating NETSOL's commitment to delivering adaptable solutions for complex automotive operations.
Potential Positives
- NETSOL Technologies has secured a significant multi-million-dollar, five-year contract with a top-tier auto captive finance company, enhancing its revenue stability through a monthly recurring revenue model.
- This agreement represents a major milestone in NETSOL’s expansion within the Asia-Pacific region, reinforcing its position as a trusted partner to leading automakers and financial institutions.
- The partnership builds on decades of collaboration, showcasing NETSOL's ability to deliver innovative solutions that cater to the complex needs of global automotive finance operations.
- The deployment of the Transcend Finance platform is expected to enhance customer-centricity and operational efficiency for the client, demonstrating NETSOL’s commitment to delivering cutting-edge technology solutions.
Potential Negatives
- Potential dependency on a single customer for revenue, as the contract is with a specific top-tier auto captive finance company.
- Involvement of competitor replacements, indicating potential competitive pressures and market challenges in securing business.
- Forward-looking statements contain risks and uncertainties, suggesting potential volatility in future performance that could concern investors.
FAQ
What is the significance of NETSOL's new contract in Australia?
The contract marks a major milestone in NETSOL's expansion in the Asia-Pacific region, reinforcing its trusted partnership with top automakers.
How long is the duration of the NETSOL contract?
The contract is structured as a long-term five-year agreement with a monthly recurring revenue model.
What platform will NETSOL deploy for the client?
NETSOL will deploy its flagship Transcend Finance platform across the client’s operations in Australia and New Zealand.
How does the Transcend Finance platform benefit automotive finance companies?
The platform provides end-to-end lifecycle management, flexible digital engagement, and robust compliance features for automotive finance companies.
What support will NETSOL offer during the implementation?
NETSOL will provide an on-site team dedicated to supporting the client's internal teams throughout the project for a seamless rollout.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NTWK Insider Trading Activity
$NTWK insiders have traded $NTWK stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NTWK stock by insiders over the last 6 months:
- NAEEM GHAURI (President) purchased 18,279 shares for an estimated $70,374
- NAJEEB GHAURI (CEO) has made 5 purchases buying 14,975 shares for an estimated $50,787 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NTWK Hedge Fund Activity
We have seen 7 institutional investors add shares of $NTWK stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERRITT CAPITAL MANAGEMENT INC added 142,150 shares (+236.9%) to their portfolio in Q2 2025, for an estimated $442,086
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 62,542 shares (-82.2%) from their portfolio in Q2 2025, for an estimated $194,505
- PFG INVESTMENTS, LLC added 25,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $77,750
- TOPLINE CAPITAL MANAGEMENT, LLC removed 20,000 shares (-4.1%) from their portfolio in Q2 2025, for an estimated $62,200
- CITADEL ADVISORS LLC added 15,519 shares (+110.1%) to their portfolio in Q2 2025, for an estimated $48,264
- RENAISSANCE TECHNOLOGIES LLC removed 13,100 shares (-2.8%) from their portfolio in Q2 2025, for an estimated $40,741
- WOLVERINE TRADING, LLC removed 12,883 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $31,176
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ENCINO, Calif., Sept. 11, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the signing of a multi-million-dollar contract with a top-tier auto captive finance company of Japanese origin in Australia.
The agreement, structured as a long-term five-year contract on a monthly recurring revenue model, similar to other large customers in the region, covers the deployment of NETSOL’s flagship Transcend Finance platform across operations in Australia and New Zealand.
NETSOL has a long-standing global relationship with the customer dating back to 2008, providing mission-critical solutions across multiple regions. This new engagement builds on that history of collaboration and reflects the confidence the longstanding customer has in NETSOL’s ability to deliver stability, innovation and long-term value.
NETSOL’s Transcend Finance, with its integrated retail and wholesale solutions, provides end-to-end lifecycle management, flexible digital engagement and robust compliance features to automotive finance companies and captives worldwide. Designed for scalability, the platform will enable the customer to improve time-to-market, strengthen dealer relationships and enhance the customer journey across both Australia and New Zealand.
In addition to NETSOL’s standard implementation services, the engagement will also include a specialized on-site team dedicated to supporting the auto captive’s internal teams throughout the project. This approach will allow the client to remain focused on day-to-day operations. At the same time, NETSOL provides additional support across all phases of the implementation, ensuring a seamless rollout and strong alignment at every project stage.
“This agreement marks a major milestone in NETSOL’s continued expansion in the Asia-Pacific region, reaffirming the company’s position as a trusted partner to the world’s top automakers and their financial arms,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies, Inc. “The transformative engagement involves both strategic upgrades from existing systems and new deployments, reaffirming the trust and technological leadership NETSOL has built over decades of innovation.”
“This is a landmark win for NETSOL and a clear validation of our strategic focus on delivering cutting-edge, unified platforms for the world’s most respected OEMs and auto captives,” he added. “The customer has been a valued partner for many years and we are deeply honored to be chosen once again – not only to upgrade their legacy systems, but to replace competitor solutions across regions.”
“It reflects the strength of our longstanding relationship and our unmatched ability to deliver powerful and adaptable solutions for complex global operations, enabling greater agility, efficiency and customer-centricity in today’s fast-evolving automotive landscape,” he further stated. “This signing also demonstrates that, even in fiercely contested environments, our innovation and commitment stand apart.”
About NETSOL Technologies
NETSOL Technologies delivers state-of-the-art solutions for the asset finance and leasing industry, serving automotive and equipment OEMs, auto captives and financial institutions across over 30 countries. Since its inception in 1996, NETSOL has been at the cutting edge of technology, pioneering innovations with its asset finance solutions and leveraging advanced AI and cloud services to meet the complex needs of the global market. Renowned for its deep industry expertise, customer-centric approach, and commitment to excellence, NETSOL fosters strong partnerships with its clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical business practices, and a focus on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the trusted partner for leading firms around the globe.
Forward-Looking Statements
This press release may contain forward-looking statements relating to the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “expects,” “anticipates,” variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance. The subject Companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
Investor Relations Contact:
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