Earnings Call Summary | NETSOL Technologies Inc(NTWK.US) Q2 2024 Earnings Conference
Earnings Call Summary | NETSOL Technologies Inc(NTWK.US) Q2 2024 Earnings Conference
The following is a summary of the NetSol Technologies, Inc. (NTWK) Q2 2024 Earnings Call Transcript:
以下是NetSol Technologies, Inc.（NTWK）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
NetSol reported Q2 2024 net revenues of $15.2 million, a significant increase from $12.4 million in the prior year.
License fees recognized substantial growth from $16,000 in the prior-year period to $3 million in Q2 2024, mainly due to a new larger contract in Asia.
The company also saw a rise in recurring revenues from $6.5 million to $6.8 million in Q2 2024.
Despite services revenue showing a slight dip from $5.9 million to $5.4 million in Q2 2024, a massive jump in gross profit from $3.1 million to $7.2 million was observed.
NetSol bounced back with a net income of $408,000 in Q2 2024, compared to a net loss of $2.1 million in Q2 2023.
NetSol報告稱，2024年第二季度淨收入爲1,520萬美元，較上年的1,240萬美元大幅增長。
許可費從去年同期的16,000美元大幅增長至2024年第二季度的300萬美元，這主要是由於亞洲簽訂了新的更大合同。
該公司的經常性收入也從650萬美元增長到2024年第二季度的680萬美元。
儘管服務收入在2024年第二季度略有下降，從590萬美元降至540萬美元，但毛利從310萬美元大幅增長至720萬美元。
NetSol在2024年第二季度反彈，淨收入爲40.8萬美元，而2023年第二季度的淨虧損爲210萬美元。
Business Progress:
業務進展：
In its pursuit to bolster Software as a Service (SaaS) offerings, NetSol unveiled Otoz 2.0 with a phased launch planned over the next year.
Boosted by Otoz, MINI Anywhere enrollment doubled over the past year, contributing substantially to the increase in lead volume and vehicle sales.
NetSol expanded its relationship with the key automotive client, AutoNation, by supporting the launch of AutoNation Mobility micro lease marketplace with Otoz's back-end technology.
The company is strategically investing to grow its presence across key markets like North America, Europe, and APAC.
Leveraging AI, NetSol is able to provide value to their consumers with two-way communication addressing dealership systems and credit risk assessment. Plans for further expanding AI capabilities are also in place.
爲了加強軟件即服務（SaaS）產品，NetSol推出了Otoz 2.0，並計劃於明年分階段推出。
在Otoz的推動下，MINI Anywhere的入學人數在過去一年中翻了一番，爲潛在客戶量和汽車銷量的增長做出了巨大貢獻。
NetSol通過使用Otoz的後端技術支持啓動AutoNation Mobility小額租賃市場，擴大了與主要汽車客戶AutoNation的關係。
該公司正在進行戰略投資，以擴大其在北美、歐洲和亞太地區等主要市場的影響力。
利用人工智能，NetSol能夠通過針對經銷商系統和信用風險評估的雙向溝通，爲消費者提供價值。進一步擴大人工智能能力的計劃也已制定。
More details: NETSOL Technologies Inc IR
更多詳情： NETSOL 科技公司 IR
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譯文內容由第三人軟體翻譯。