NetSol Technologies Inc
NASDAQ:NTWK
Cash Flow Statement
Cash Flow Statement
NetSol Technologies Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
5
|
(0)
|
(13)
|
(15)
|
(14)
|
(13)
|
(5)
|
(3)
|
0
|
3
|
5
|
6
|
3
|
4
|
(2)
|
(2)
|
1
|
3
|
7
|
9
|
11
|
8
|
12
|
8
|
5
|
4
|
1
|
5
|
4
|
2
|
2
|
2
|
4
|
5
|
1
|
0
|
(5)
|
(0)
|
(4)
|
(3)
|
(0)
|
|
Depreciation & Amortization |
6
|
6
|
9
|
10
|
10
|
11
|
10
|
10
|
9
|
9
|
7
|
7
|
7
|
7
|
7
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
3
|
3
|
2
|
|
Other Non-Cash Items |
2
|
1
|
1
|
1
|
1
|
3
|
2
|
1
|
1
|
1
|
2
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
4
|
4
|
4
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
|
Change in Working Capital |
4
|
12
|
22
|
19
|
13
|
5
|
(2)
|
(5)
|
(7)
|
(8)
|
(12)
|
(11)
|
(12)
|
(15)
|
(9)
|
(11)
|
(12)
|
(9)
|
0
|
3
|
2
|
(3)
|
(14)
|
(9)
|
(5)
|
(4)
|
(3)
|
(1)
|
4
|
8
|
10
|
2
|
(8)
|
2
|
(4)
|
2
|
7
|
(5)
|
(1)
|
(1)
|
(6)
|
|
Cash from Operating Activities |
17
N/A
|
19
+14%
|
19
-4%
|
15
-18%
|
10
-34%
|
6
-41%
|
5
-13%
|
2
-53%
|
3
+30%
|
4
+18%
|
2
-54%
|
5
+178%
|
(0)
N/A
|
(1)
-397%
|
0
N/A
|
(3)
N/A
|
(2)
+52%
|
5
N/A
|
16
+233%
|
20
+24%
|
21
+7%
|
13
-37%
|
5
-63%
|
6
+12%
|
6
+1%
|
6
+1%
|
4
-29%
|
8
+112%
|
13
+53%
|
14
+9%
|
16
+13%
|
8
-51%
|
0
-99%
|
11
+27 075%
|
3
-72%
|
8
+153%
|
8
+1%
|
0
-99%
|
2
+2 133%
|
2
+18%
|
1
-61%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(16)
|
(16)
|
(17)
|
(14)
|
(10)
|
(6)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
|
Other Items |
(0)
|
2
|
2
|
2
|
1
|
(0)
|
1
|
1
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
|
Cash from Investing Activities |
(17)
N/A
|
(14)
+13%
|
(15)
-2%
|
(12)
+21%
|
(9)
+27%
|
(7)
+22%
|
(3)
+55%
|
(3)
+16%
|
(2)
+20%
|
(3)
-70%
|
(4)
-6%
|
(4)
-14%
|
(4)
+2%
|
(2)
+40%
|
(3)
-11%
|
(2)
+9%
|
(2)
+18%
|
(2)
-1%
|
(4)
-80%
|
(4)
-12%
|
(5)
-15%
|
(5)
-6%
|
(4)
+27%
|
(3)
+10%
|
(3)
+9%
|
(3)
+16%
|
(2)
+19%
|
(2)
+12%
|
(2)
-9%
|
(3)
-31%
|
(3)
+3%
|
(2)
+13%
|
(2)
+15%
|
(2)
+6%
|
(2)
-29%
|
(3)
-31%
|
(3)
+3%
|
(2)
+19%
|
(1)
+40%
|
(1)
+37%
|
(1)
+10%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
3
|
1
|
1
|
1
|
2
|
2
|
3
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
0
|
1
|
0
|
(2)
|
(3)
|
(4)
|
(3)
|
0
|
(0)
|
1
|
0
|
0
|
1
|
1
|
6
|
6
|
6
|
4
|
(0)
|
(0)
|
(1)
|
1
|
1
|
1
|
3
|
2
|
4
|
4
|
2
|
3
|
1
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
|
Cash Paid for Dividends |
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
(0)
|
(1)
|
(1)
|
2
|
2
|
3
|
2
|
(1)
|
0
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
Cash from Financing Activities |
2
N/A
|
0
-86%
|
(0)
N/A
|
(0)
+78%
|
(0)
-100%
|
(0)
-150%
|
1
N/A
|
1
-33%
|
1
-5%
|
3
+188%
|
1
-78%
|
1
-15%
|
(0)
N/A
|
0
N/A
|
4
+1 585%
|
4
-17%
|
5
+25%
|
2
-52%
|
(1)
N/A
|
(1)
+42%
|
(1)
-66%
|
1
N/A
|
0
-97%
|
(0)
N/A
|
0
N/A
|
(1)
N/A
|
2
N/A
|
2
+14%
|
1
-60%
|
1
+58%
|
(1)
N/A
|
(2)
-47%
|
(1)
+45%
|
(2)
-61%
|
(1)
+9%
|
(1)
+1%
|
(1)
+6%
|
(1)
+17%
|
(1)
+33%
|
(0)
+57%
|
(0)
+33%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(1)
|
(1)
|
(0)
|
0
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
0
|
1
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(5)
|
(1)
|
(4)
|
(1)
|
(1)
|
(2)
|
2
|
2
|
(2)
|
(4)
|
(8)
|
(9)
|
(10)
|
(8)
|
(12)
|
(8)
|
(6)
|
(5)
|
|
Net Change in Cash |
2
N/A
|
5
+133%
|
4
-23%
|
4
+1%
|
2
-48%
|
(2)
N/A
|
3
N/A
|
(0)
N/A
|
1
N/A
|
1
+96%
|
(3)
N/A
|
1
N/A
|
(4)
N/A
|
(3)
+24%
|
3
N/A
|
(3)
N/A
|
1
N/A
|
4
+750%
|
8
+86%
|
12
+50%
|
10
-13%
|
4
-58%
|
(5)
N/A
|
(3)
+40%
|
2
N/A
|
(1)
N/A
|
3
N/A
|
7
+159%
|
10
+37%
|
15
+50%
|
14
-9%
|
2
-84%
|
(6)
N/A
|
(0)
+100%
|
(10)
-32 367%
|
(6)
+38%
|
(5)
+24%
|
(15)
-230%
|
(8)
+45%
|
(4)
+48%
|
(5)
-21%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
1
N/A
|
3
+436%
|
2
-36%
|
2
-19%
|
(0)
N/A
|
(1)
-1 600%
|
2
N/A
|
(1)
N/A
|
0
N/A
|
0
-50%
|
(2)
N/A
|
1
N/A
|
(4)
N/A
|
(4)
-3%
|
(2)
+52%
|
(5)
-212%
|
(3)
+39%
|
3
N/A
|
13
+386%
|
17
+27%
|
18
+4%
|
9
-47%
|
2
-76%
|
3
+39%
|
3
+14%
|
4
+28%
|
3
-42%
|
7
+165%
|
11
+60%
|
11
+4%
|
13
+15%
|
5
-59%
|
(2)
N/A
|
9
N/A
|
0
-95%
|
4
+791%
|
5
+17%
|
(2)
N/A
|
0
N/A
|
2
+362%
|
(0)
N/A
|