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Side-by-side financial comparison of NETSOL TECHNOLOGIES INC (NTWK) and ROCKWELL MEDICAL, INC. (RMTI). Click either name above to swap in a different company.

NETSOL TECHNOLOGIES INC is the larger business by last-quarter revenue ($18.8M vs $18.3M, roughly 1.0× ROCKWELL MEDICAL, INC.). NETSOL TECHNOLOGIES INC runs the higher net margin — 1.3% vs -3.0%, a 4.3% gap on every dollar of revenue. On growth, NETSOL TECHNOLOGIES INC posted the faster year-over-year revenue change (21.1% vs -25.6%). ROCKWELL MEDICAL, INC. produced more free cash flow last quarter ($2.2M vs $-5.1M). Over the past eight quarters, NETSOL TECHNOLOGIES INC's revenue compounded faster (10.3% CAGR vs -10.1%).

NetSol Technologies Inc. is an American software company which makes automobile leasing software. It is based in Encino, California.

Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).

NTWK vs RMTI — Head-to-Head

Bigger by revenue
NTWK
NTWK
1.0× larger
NTWK
$18.8M
$18.3M
RMTI
Growing faster (revenue YoY)
NTWK
NTWK
+46.7% gap
NTWK
21.1%
-25.6%
RMTI
Higher net margin
NTWK
NTWK
4.3% more per $
NTWK
1.3%
-3.0%
RMTI
More free cash flow
RMTI
RMTI
$7.3M more FCF
RMTI
$2.2M
$-5.1M
NTWK
Faster 2-yr revenue CAGR
NTWK
NTWK
Annualised
NTWK
10.3%
-10.1%
RMTI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NTWK
NTWK
RMTI
RMTI
Revenue
$18.8M
$18.3M
Net Profit
$246.8K
$-554.0K
Gross Margin
48.0%
21.1%
Operating Margin
6.9%
-2.2%
Net Margin
1.3%
-3.0%
Revenue YoY
21.1%
-25.6%
Net Profit YoY
121.5%
26.7%
EPS (diluted)
$0.02
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NTWK
NTWK
RMTI
RMTI
Q4 25
$18.8M
$18.3M
Q3 25
$15.0M
$15.9M
Q2 25
$18.4M
$16.1M
Q1 25
$17.5M
$18.9M
Q4 24
$15.5M
$24.7M
Q3 24
$14.6M
$28.3M
Q2 24
$16.4M
$25.8M
Q1 24
$15.5M
$22.7M
Net Profit
NTWK
NTWK
RMTI
RMTI
Q4 25
$246.8K
$-554.0K
Q3 25
$-2.4M
$-1.8M
Q2 25
$2.6M
$-1.5M
Q1 25
$1.4M
$-1.5M
Q4 24
$-1.1M
$-756.0K
Q3 24
$70.8K
$1.7M
Q2 24
$-82.9K
$343.0K
Q1 24
$327.5K
$-1.7M
Gross Margin
NTWK
NTWK
RMTI
RMTI
Q4 25
48.0%
21.1%
Q3 25
39.4%
14.3%
Q2 25
56.2%
15.6%
Q1 25
49.8%
16.1%
Q4 24
44.5%
14.7%
Q3 24
45.0%
22.0%
Q2 24
51.5%
17.6%
Q1 24
48.3%
13.5%
Operating Margin
NTWK
NTWK
RMTI
RMTI
Q4 25
6.9%
-2.2%
Q3 25
-12.2%
-9.9%
Q2 25
17.4%
-8.4%
Q1 25
8.9%
-7.2%
Q4 24
-3.1%
-2.1%
Q3 24
-5.2%
6.8%
Q2 24
4.9%
2.0%
Q1 24
8.5%
-5.8%
Net Margin
NTWK
NTWK
RMTI
RMTI
Q4 25
1.3%
-3.0%
Q3 25
-15.7%
-11.0%
Q2 25
14.0%
-9.3%
Q1 25
8.1%
-8.0%
Q4 24
-7.4%
-3.1%
Q3 24
0.5%
5.9%
Q2 24
-0.5%
1.3%
Q1 24
2.1%
-7.6%
EPS (diluted)
NTWK
NTWK
RMTI
RMTI
Q4 25
$0.02
$-0.01
Q3 25
$-0.20
$-0.05
Q2 25
$0.22
$-0.05
Q1 25
$0.12
$-0.04
Q4 24
$-0.10
$-0.02
Q3 24
$0.01
$0.04
Q2 24
$-0.01
$0.01
Q1 24
$0.03
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NTWK
NTWK
RMTI
RMTI
Cash + ST InvestmentsLiquidity on hand
$18.1M
$10.7M
Total DebtLower is stronger
$337.0K
Stockholders' EquityBook value
$35.9M
$37.0M
Total Assets
$62.7M
$57.1M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTWK
NTWK
RMTI
RMTI
Q4 25
$18.1M
$10.7M
Q3 25
$22.7M
$13.6M
Q2 25
$17.4M
$12.5M
Q1 25
$18.8M
$11.4M
Q4 24
$21.3M
$15.7M
Q3 24
$24.5M
$12.3M
Q2 24
$19.1M
$11.9M
Q1 24
$12.3M
$6.6M
Total Debt
NTWK
NTWK
RMTI
RMTI
Q4 25
$337.0K
Q3 25
$218.2K
Q2 25
$134.6K
Q1 25
$86.8K
Q4 24
$87.0K
Q3 24
$92.6K
Q2 24
$95.8K
Q1 24
$130.4K
Stockholders' Equity
NTWK
NTWK
RMTI
RMTI
Q4 25
$35.9M
$37.0M
Q3 25
$35.8M
$37.0M
Q2 25
$37.8M
$30.4M
Q1 25
$35.5M
$31.5M
Q4 24
$33.9M
$32.6M
Q3 24
$34.7M
$29.1M
Q2 24
$34.8M
$23.5M
Q1 24
$35.3M
$20.6M
Total Assets
NTWK
NTWK
RMTI
RMTI
Q4 25
$62.7M
$57.1M
Q3 25
$62.6M
$57.5M
Q2 25
$62.4M
$52.6M
Q1 25
$58.1M
$54.0M
Q4 24
$59.1M
$59.2M
Q3 24
$62.8M
$57.1M
Q2 24
$64.2M
$53.0M
Q1 24
$63.3M
$50.7M
Debt / Equity
NTWK
NTWK
RMTI
RMTI
Q4 25
0.01×
Q3 25
0.01×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTWK
NTWK
RMTI
RMTI
Operating Cash FlowLast quarter
$-4.7M
$2.3M
Free Cash FlowOCF − Capex
$-5.1M
$2.2M
FCF MarginFCF / Revenue
-27.2%
12.0%
Capex IntensityCapex / Revenue
2.0%
0.5%
Cash ConversionOCF / Net Profit
-19.24×
TTM Free Cash FlowTrailing 4 quarters
$-1.0M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTWK
NTWK
RMTI
RMTI
Q4 25
$-4.7M
$2.3M
Q3 25
$5.3M
$-1.3M
Q2 25
$441.0K
$1.8M
Q1 25
$-363.4K
$-3.5M
Q4 24
$-5.1M
$865.0K
Q3 24
$5.5M
$4.3M
Q2 24
$6.5M
$1.4M
Q1 24
$-4.2M
$-2.4M
Free Cash Flow
NTWK
NTWK
RMTI
RMTI
Q4 25
$-5.1M
$2.2M
Q3 25
$4.8M
$-1.5M
Q2 25
$-44.1K
$1.7M
Q1 25
$-693.0K
$-3.5M
Q4 24
$-5.6M
$470.0K
Q3 24
$5.4M
$4.1M
Q2 24
$6.1M
$1.2M
Q1 24
$-4.6M
$-2.5M
FCF Margin
NTWK
NTWK
RMTI
RMTI
Q4 25
-27.2%
12.0%
Q3 25
32.1%
-9.6%
Q2 25
-0.2%
10.5%
Q1 25
-4.0%
-18.8%
Q4 24
-36.1%
1.9%
Q3 24
37.1%
14.4%
Q2 24
37.0%
4.5%
Q1 24
-29.6%
-11.1%
Capex Intensity
NTWK
NTWK
RMTI
RMTI
Q4 25
2.0%
0.5%
Q3 25
3.2%
1.4%
Q2 25
2.6%
1.0%
Q1 25
1.9%
0.3%
Q4 24
3.0%
1.6%
Q3 24
0.7%
0.7%
Q2 24
2.6%
1.1%
Q1 24
2.4%
0.6%
Cash Conversion
NTWK
NTWK
RMTI
RMTI
Q4 25
-19.24×
Q3 25
Q2 25
0.17×
Q1 25
-0.26×
Q4 24
Q3 24
77.94×
2.57×
Q2 24
4.20×
Q1 24
-12.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NTWK
NTWK

Core Revenue$18.0M96%
Other$816.8K4%

RMTI
RMTI

US$15.9M87%
Non Us$2.4M13%

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