NetClass Technology Inc NTCL

Technology SIC 7372 - Services-Prepackaged Software Nasdaq

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Market cap
52-week range — - —

No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-0.60

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $9.8M$10.1M$11.1M$9.3M
Cost of revenue $7.6M$7.8M$8.7M$6.2M
Gross profit $2.2M$2.3M$2.4M$3.0M
R&D $1.7M$2.5M$567.8K$828.3K
SG&A $9.2M$703.2K$798.2K$865.7K
Total operating expenses $13.2M$3.6M$2.0M$3.0M
Operating income -$10.9M-$1.3M$386.7K$48.4K
Pre-tax income -$11.0M-$1.3M$419.6K$64.2K
Income tax $86.7K$86.3K$257.3K$68.5K
Net income -$10.8M-$1.5M$162.2K$132.7K
EPS, basic -0.60-0.090.010.01
EPS, diluted -0.60-0.090.010.01
Shares, diluted (wtd. avg.) $18.0M$15.8M$15.0M$15.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $1.8M$410.7K$524.6K$301.7K$1.0M
Receivables $5.6M$5.3M$2.3M
Inventory $305.7K$70.7K
Total current assets $8.9M$7.1M$6.3M
Property, plant and equipment $10.9K$39.7K$48.9K
Other intangibles $1.1M
Total assets $13.8M$7.2M$6.5M
Accounts payable $1.9M$2.9M$1.2M
Short-term debt $1.6M
Total current liabilities $6.9M$4.2M$2.1M
Total liabilities $7.8M$4.2M$2.1M
Retained earnings -$12.5M-$1.7M-$164.8K
Total equity $5.8M$3.0M$4.4M$2.4M$2.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow -$5.7M-$135.6K$391.9K-$571.4K
Depreciation and amortisation $279.6K$10.8K$96.1K$118.6K
Stock-based compensation $3.1M
Capital expenditure $6.5K
Investing cash flow -$2.3M
Financing cash flow $9.4M$10.9K-$152.9K-$125.6K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-008806.

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