NETSOL Technologies signs $50 million, four-year contract extension with tier-one global auto captive
NETSOL Technologies Inc. (NTWK)
Last netsol technologies inc. earnings: 2/12 08:00 am
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Source: GlobeNewswire
ENCINO, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has signed a $50 million contract extension with a tier-one global auto captive, a long-standing customer with whom the company has maintained a strategic partnership since 1996. The total contract value is expected to be recognized over the four-year term and will support recurring revenue. The agreement extends the customer’s use of Transcend Finance and includes maintenance and licensing fees. The new contract builds on NETSOL’s earlier multi-country engagement, originally announced in 2015, when a contract was signed for over $100 million, under which NETSOL successfully implemented its platform across 12 markets. With this extension, the customer secures ongoing access to Transcend Finance’s end-to-end lease and loan lifecycle capabilities, ensuring c
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News
- NETSOL celebrates over 25 years of being listed on Nasdaq with Opening Bell CeremonyGlobeNewswire
- iShares Global Consumer Discretionary ETF declares semi-annual distribution of $1.7355 [Seeking Alpha]Seeking Alpha
- NetSol Technologies (NASDAQ:NTWK) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c-)" rating to a "sell (d+)" rating.MarketBeat
- NETSOL's Transcend Retail signs two US dealer groups [Yahoo! Finance]Yahoo! Finance
- NETSOL’s Transcend Retail signs two US dealer groupsGlobeNewswire
NTWK
Sec Filings
- 11/17/25 - Form 4
- 11/13/25 - Form 8-K
- 11/12/25 - Form 10-Q
- NTWK's page on the SEC website