NETSOL Technologies Inc.

Good morning and welcome to Netsol Technologies' fourth quarter and full fiscal year-ended June 30, 2026 Earnings Conference Call. On the call today are Founder and Chief Executive Officer of Netsol Technologies Inc., Najeeb Ghauri, Global Head of Sales and Group Managing Director of Europe, Asad Ghauri, Chief Financial Officer, Sardar Abubakar, and Senior Vice President and Corporate of Legal Affairs, General Counsel and Corporate Secretary, Patti McGlasson. Also available for the Q&A portion, our Chief Accounting Officer, Roger Almond, and Chief Marketing Officer, Erik Wagner. I will now turn the call over to Patti, who will provide the necessary disclaimer regarding the forward-looking statements made during today's call. Patti, please go ahead.

Thank you. Good morning, everyone, and thank you for joining us today. After we review the company's business highlights and financial results for the fourth quarter and full fiscal year ended June 30, 2026, we will open the call for questions. Before we begin, I'd like to remind you that our remarks today will include forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include our fiscal 2027 guidance, reflect management's current expectations and are subject to risks and uncertainties. and actual results may differ materially from those expressed or implied. We encourage you to review the cautionary statements and misfactors contained in NetSol's press release issued earlier today, as well as our filings to the Securities and Exchange Commission, including our most recent Form 10-K and quarterly reports on Form 10-Q. I'd also like to note that today's discussion will include certain non-GAAP financial measures. A reconciliation of these measures to their most direct comparable GAAP figure can be found in the press release issued earlier today. A supplemental investor presentation is available through the webcast link and in the investor relations sections of our website at ir.netsoltech.com and has been furnished as an exhibit to the Form 8-K we will file with our press release issued this morning. Lastly, please remember that this call is being recorded and will be available for replay on our website at ir.netsoltech.com and through a link included in today's press release. At this time, all participants are in listen-only mode. I will now hand the call over to our founder and CEO, Najeeb Ghori. Go ahead, Najeeb.

Thank you, Patti. Good morning, everyone, and thank you for joining our call today to review our results for the fourth quarter and full fiscal year ended June 30, 2026. Fiscal 26 was the strongest financial year in NetSold history. Total net revenues were $74.4 million, up 12.5% year-over-year basis, and over an hour $73 million guidance. Non-GAAP EBITDA grew almost 23% and income from operations nearly doubled. The growth reached the bottom line this year. These results reflect a company in the middle of a deliberate transformation from a services and license business and a platform business Recurring subscription and support revenue now represents approximately half of our total revenue. Later in the call, Sardar Abu, our CFO, will walk you through remaining performance obligations and the measures we will report each quarter so you can track the durability of this base. In June, Netsol returned to the Russell indexes, added to six benchmarks, including the Russell 3000E and the Russell Microcap Index. Index membership matters for a company our size. It makes NetSol eligible for the many institutional mandates that are limited to index constituents, and it puts us back in the universe where institutional investors screen. Let me talk about the business behind these numbers. Fiscal 2026 gave us the proof points across every part of our strategy. Earlier this month, we announced that BMO has signed a contract to upgrade from our legacy platform to Transcend Finance. BMO is one of the largest banks in North America, and this agreement is the clearest validation yet of our upgrade strategy. We have customers across North America who have run our acquired legacy software for decades. Each of them Now has a modern path forward, and BMO shows what that path looks like. A long-turned-out customer chosen to deepen the relationship with Nessol on our newest technology. Across the rest of the business, the platform continued to deliver. In December, we signed one of the largest Transcend Finance contract extensions in our history. with a tier one global auto captive customer. Transcend Retail became a growth engine in the US and Asad Ghauri will take you through the momentum in detail. Our Asia Pacific business continue to perform anchored by market leadership in China and expanding alongside our customers across the region. Fiscal 2026 was also the year we built the team for the next phase. Sardar Abubakr joined us as a Chief Financial Officer in January. At our annual meeting in June, shareholders elected a strengthened board Re-electing Ian Smith, the former CEO of BMW Group Financial Groups for the USA and the Americas, and adding Richard Howard, the former President and CEO of Daimler Truck Financial Services for North America, and Ahmed Ibrahim, the CEO of Jazz World, one of the world's biggest digital operators. who earlier in his career held senior leadership roles at the Ford Motor Company and Jaguar Land Rover. The people who ran our customers' businesses now help govern ours. I can think of no stronger endorsement of where the company is headed. We are also transforming how we operate. Across Transcend Finance, we are reducing the resource intensity of our development and delivery model through AI-enabled development, automation, and structural efficiencies. I want to be clear about how we think about this. It is not about reducing headcount for its own sake. It is about building a more scalable organization, one that is more nimble and faster to respond to changing market conditions. We are focusing our investment on the core Transcend platform and the adjacencies where Netsol has a defensible customer and domain advantage. Looking to fiscal 2027, Our priorities are very clear. First, scale Transcend Retail across the U.S. dealer market. Second, embed AI across our products and our operations. Third, upgrade our legacy install base to Transcend the BMO as a template. And fourth, grow with our customers as they expand into new markets. You saw that model this year when a leading Chinese leasing company went live on Transcend Finance in Indonesia. When our customers enter a new country, they take Netsol with them. We are also introducing full year guidance with our fourth quarter results. Sardar Abu will take you through the numbers. I will close with this. We believe the value of what we have built, the customer base, the recurring revenue, the platform is not yet reflected in our market evaluation. And we see that as an opportunity. Last December, we rang the bell in Times Square in New York to mark our 26th year on NASDAQ. There is no better way to honor that milestone than the strongest year in our history, and we intend to build on it. With that, I'll hand the call over to Asad Ghauri, our Global Head of Sales and Group Managing Director of Europe, to walk through the commercials and sales update. Asad?