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MARKETS / NASDAQ / NTCL
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

NetClass Technology Inc. NTCL

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$9.8M
▼ 2.9% YoY
$-10.8M
$-5.7M
In brief

What this company does

We are a B2B (Business-to-Business) smart education specialist, providing IT solutions to schools, training institutions, corporations, public agencies, and other institutions or corporate customers. NetClass China mainly undertakes the development of SaaS subscription services, smart campus and other application development services, as well as the Company’s R&D work. Beginning September 1, 2025, the Company has been operating its headquarters in Singapore.

Written from the business description in NetClass Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 February 2026. Every sentence was checked against that document before publication.

Growth
USD 9.8M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 9.8 · Net income -10.8
4M8M-4M-8M2022202320242025
Compound annual growth
+1.9%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−111 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -111.5% · Net -110.8%
-50%-100%2022202320242025
ROE
FY2025 · ROE -247.3%
-100%-200%2022202320242025

Each USD of equity lost 247 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 13.8M
EquityUSD 5.8M
CashUSD 1.8M
Gross debtUSD 1.6M
Net debtUSD -171,978.00
Current ratio1.29×

The company holds more cash than debt.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022
Revenue $B0.00.00.00.0
Operating income $B−0.0−0.00.00.0
EBITDA $B−0.0−0.00.00.0
Income tax $B−0.00.00.0−0.0
Net income $B−0.0−0.00.00.0
Free cash flow $B−0.0···
EPS, diluted $−0.60−0.090.010.01
Dividend / sh $····
Payout %····
ROE %−247.3−39.93.7·
Shares out B0.000.00··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 77 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsnot stated in the filings
SEC categoryemerging growth company
Data on record since2022

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