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NetClass Technology Inc

NTCL Clue Score28
Cayman Islands CIK 0001927578
$1.09 -27.33% Close, 12 Oct 2026
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Price $1.09 −15.50% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Dec 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue9.3Operating income0.0Net income0.1EPS, diluted0.01Fiscal year 2023Revenue11.1 +19.8%Operating income0.4Net income0.2 +22.3%EPS, diluted0.01 +0.0%Fiscal year 2024Revenue10.1 −8.9%Operating income−1.3Net income−1.5 −1,010.9%EPS, diluted−0.09 −1,000.0%Fiscal year 2025Revenue9.8 −2.9%Operating income−10.9Net income−10.8EPS, diluted−0.60
FY2022FY2023FY2024FY2025
Revenue 9.3 11.1 10.1 9.8
Growth +19.8% −8.9% −2.9%
Operating income 0.0 0.4 −1.3 −10.9
Net income 0.1 0.2 −1.5 −10.8
Growth +22.3% −1,010.9%
EPS, diluted 0.01 0.01 −0.09 −0.60
Growth +0.0% −1,000.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin32.8%Operating margin0.5%Net margin1.4%Fiscal year 2023Gross margin21.3%Operating margin3.5%Net margin1.5%Fiscal year 2024Gross margin22.9%Operating margin−12.8%Net margin−14.6%Fiscal year 2025Gross margin22.8%Operating margin−111.5%Net margin−110.4%Free cash flow margin−58.4%
FY2022FY2023FY2024FY2025
Gross margin 32.8% 21.3% 22.9% 22.8%
Operating margin 0.5% 3.5% −12.8% −111.5%
Net margin 1.4% 1.5% −14.6% −110.4%
Free cash flow margin n/a n/a n/a −58.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−0.6Fiscal year 2023Operating cash flow0.4Fiscal year 2024Operating cash flow−0.1Fiscal year 2025Operating cash flow−5.7Capital expenditure−0.0Free cash flow−5.7
FY2022FY2023FY2024FY2025
Operating cash flow −0.6 0.4 −0.1 −5.7
Capital expenditure n/a n/a n/a −0.0
Free cash flow n/a n/a n/a −5.7
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Cash0.2Shareholders’ equity2.4Fiscal year 2023Cash0.5Shareholders’ equity4.4Fiscal year 2024Cash0.4Shareholders’ equity3.0Fiscal year 2025Cash1.8Shareholders’ equity5.8
FY2022FY2023FY2024FY2025
Cash 0.2 0.5 0.4 1.8
Shareholders’ equity 2.4 4.4 3.0 5.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 30 Sep 2022 FY2023 30 Sep 2023 FY2024 30 Sep 2024 FY2025 30 Sep 2025
Revenue and profit
9.3 11.1 10.1 9.8
Growth +19.8% −8.9% −2.9%
6.2 8.7 7.8 7.6
3.0 2.4 2.3 2.2
Growth −22.4% −1.9% −3.2%
0.8 0.6 2.5 1.7
0.9 0.8 0.7 9.2
0.0 0.4 −1.3 −10.9
Growth +699.5% −433.3%
0.1 0.4 −1.3 −11.0
−0.1 0.3 0.1 −0.1
0.1 0.2 −1.5 −10.8
Growth +22.3% −1,010.9%
Per share
0.01 0.01 −0.09 −0.60
0.01 0.01 −0.09 −0.60
Growth +0.0% −1,000.0%
15.0 15.0 15.8 18.0
15.0 15.0 15.8 18.0
Growth +0.1% +4.9% +14.2%

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 2 of 4 years on file.