# NetSol says Mercedes-Benz USA approved it as dealer digital retail provider

_Published Thursday, November 12, 2026 at 6:19 PM EST · Products · Latest · Tier 2 — Notable_

![NetSol (NTWK) Q1 2027 Earnings Call Transcript — Primary](https://g.foolcdn.com/image/?url=https%3A%2F%2Fcdn.content.foolcdn.com%2Fimages%2F1umn9qeh%2Fproduction%2F818b8645c55663feb2d47d694fc72f9142ecc2c8-1280x720.jpg&w=1200&op=resize)

NetSol said Mercedes-Benz USA approved it as a digital retail provider for its dealer network after the September quarter ended. Management disclosed the approval on its November 12 earnings call, alongside deployments of Transcend Retail at Atlanta Autos and Royal Coach RV during the quarter.

The platform supports vehicle and financing comparisons and credit applications. NetSol also said BMO, a customer for 30 years, is migrating from LeasePak to Transcend Finance. North American revenue increased 25.5% year over year, while group operating cash flow was negative $5.6 million, which management attributed to working capital timing.

## Sources

- [The Motley Fool](https://www.fool.com/earnings/call-transcripts/2026/11/12/netsol-ntwk-q1-2027-earnings-call-transcript/?referring_guid=cb021ded-b14e-4588-ba6d-0a52b6fdeb82)

---
Canonical: https://techandbusiness.org/newswire/yXGyTc4bNKak8cfAuG8iBG
Published: 2026-11-12T23:19:36.203Z
Story chronology: 2026-11-12T22:10:25.000Z
Retrieved: 2026-11-13T03:04:37.540Z
Publisher: Tech & Business (techandbusiness.org)