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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
6 Months Ended
Dec. 31, 2024
Noncontrolling Interest [Abstract]  
SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

 

SUBSIDIARY  Non-Controlling Interest %   Non-Controlling Interest at
December 31, 2024
 
         
NetSol PK   32.38%  $5,163,259 
NetSol-Innovation   32.38%   (538,843)
NAMECET   32.38%   (31,713)
NetSol Thai   0.006%   (169)
OTOZ Thai   0.01%   20 
OTOZ   0.00%   - 
Total       $4,592,554 

 

SUBSIDIARY  Non-Controlling Interest %   Non-Controlling Interest at
June 30, 2024
 
         
NetSol PK   32.38%  $4,679,101 
NetSol-Innovation   32.38%   137,232 
NAMECET   32.38%   (21,014)
NetSol Thai   0.006%   (163)
OTOZ Thai   5.60%   (17,483)
OTOZ   5.59%   (83,255)
Total       $4,694,418 
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

The following schedule discloses the effect to the Company’s equity due to the changes in the Company’s ownership interest in Otoz® and Otoz® Thai.

 

   2024   2023   2024   2023 
   For the Three Months
Ended December 31,
   For the Six Months
Ended December 31,
 
   2024   2023   2024   2023 
                 
Net income (loss) attributable to NetSol   $(1,147,042)  $408,316   $(1,076,247)  $439,206 
Transfer to (from) non-controlling interest                     
Decrease in paid-in capital for purchase of 177,558 shares of OTOZ Inc common stock   (31,004)        (166,123)   - 
Net transfer to (from) non-controlling interest   (31,004)   -    (166,123)   - 
Change from net income (loss) attributable to NetSol and transfer to (from) non-controlling interest  $(1,178,046)  $408,316   $(1,242,370)  $439,206