NetClass Technology Inc NTCL

2.12 0.03 1.44% as of 25 Sep
Market cap
$4.4M
P/E
—

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap 4.43
Revenue —
Net Income (12.26)
Free Cash Flow (15.40)
Net Debt 0.72
Current Ratio 0.92
Debt/Equity 0.51
P/E ratio —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1 0 2 2
Receivables 4 5 6 6
Inventory — 0 0 0
Other 1 1 1 1
6 7 9 9
2023 2024 2025 Q'26
Payables 1 3 2 2
ST’ Debt — — 2 2
Other 0 0 2 4
2 4 7 10
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 1.93%
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 35.36%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 10
’24 — — — — 10
’23 — — — — 11
’22 — — — — 9
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (3) — — — —
’25 (7) — (6) — (6)
’24 0 — 0 — 0
’23 — — 0 — 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (3) — — — —
’25 (7) — (6) — (8)
’24 0 — 0 — 0
’23 — — 0 — 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (30.00)
’24 — — — — (4.50)
’23 — — — — 0.54
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — 229.50 17.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — 299.50 2,590.00
High Price
— — — — — — — 32 37 46
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — 9 9 11 10 10
Revenue
— — — — — 32.85% 32.85% 21.28% 22.92% 22.85%
Gross Margin
— — — — — 0 0 0 (1) (11)
EBT
— — — — — 0.69% 0.69% 3.78% (12.90%) (111.71%)
EBT Margin
— — — — — 0 0 0 (1) (11)
Net Income
— — — — — — 0 0 0 3
Depreciation
— — — — — 0.00 30.86 36.92 32.05 27.25
Revenue/Sh
— — — — — — 0.44 0.54 (4.50) (30.00)
Earnings/Sh
— — — — — — (1.90) 1.30 (0.43) (15.89)
Cash Flow/Sh
— — — — — — 0.00 0.00 0.00 (6.40)
Capex/Sh
— — — — — — (1.90) 1.30 (0.43) (22.30)
Free CF/Sh
— — — — — 0.00 8.04 14.79 9.72 16.62
Book Value/Sh
— — — — — — 0 0 0 0
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — 0.00 0.00 0.00 0.00 0.00
PB Ratio
— — — — — 0.00 0.00 0.00 0.00 0.00
EV/Sales
— — — — — 0.54 0.54 0.54 0.54 (0.02)
EV/FCF
— — — — — — (1) 0 0 (6)
Op' Cash Flow
— — — — — — — — — (2)
Capex
— — — — — — (1) 0 0 (8)
FCF
— — — — — 2 2 4 3 2
Working Cap'
— — — — — — 0 — — 2
Total Debt
— — — — — 0 0 (1) 0 0
Net Debt
— — — — — 2 2 4 3 6
Sh' Equity
— — — — — 0.00% 3.05% 2.98% (21.46%) (102.90%)
ROA
— — — — — 25.97% 1.35% 6.17% (30.43%) (109.72%)
ROIC
— — — — — 0.00% 12.74% 4.73% (39.38%) (239.45%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2025

NetClass Technology Inc (NTCL) key facts

  • NetClass Technology Inc (NTCL) is a Software Application company in the Technology sector, listed on Nasdaq.
  • NetClass Technology Inc’s revenue for fiscal 2025 (year ended September 2025) was $9.8 million, down 2.94% from fiscal 2024.
  • NetClass Technology Inc reported a net loss of $10.9 million, or a loss of $30.00 per share, for fiscal 2025.
  • As of September 25, 2026, NTCL traded at $2.12, a market capitalization of $4.4 million.
  • Return on equity was −239.5% and debt-to-equity 0.51.

Source: company filings (standardised) and stockrow calculations.

NetClass Technology Inc (NTCL) Latest News

News by impact score

Fine-tune

11 Jun

4

NetClass Technology Inc expands AI multilingual assessment market and forms international strategic partnerships. AI market expansion and international partnerships represent major strategic moves that can significantly alter NTCL trajectory and investor sentiment.

5 Feb

4

NetClass Technology Inc (NTCL) is advancing its AI business through a phased approach, focusing on strategic initiatives that enhance its capabilities and market presence. The company aims to leverage artificial intelligence to improve product offerings and operational efficiency, positioning itself for future growth in the tech sector. This development reflects NTCL's commitment to innovation and adapting to evolving market demands. The phased advancements in AI are likely to significantly enhance NTCL's competitive positioning and market performance.

29 Jan

3

NetClass Technology Inc (NTCL) has received a notification from Nasdaq regarding a deficiency in its minimum bid price, which has fallen below the required threshold. The company is now required to regain compliance within a specified period to avoid potential delisting. This situation may impact investor sentiment and the company's market position moving forward. The notification indicates a compliance issue that could affect market perception and financial performance, but it does not fundamentally alter the company's core operations.

20 Jan

3

NetClass Technology Inc (NTCL) has been identified as one of the most active stocks in the market, indicating heightened trading activity and investor interest. This surge in activity may reflect broader market trends or specific developments related to the company, potentially influencing its stock performance and investor sentiment moving forward. Increased trading activity suggests a moderately noticeable influence on market sentiment and potential financial performance.

2 Jan

3

NetClass Technology Inc (NTCL) has been identified as one of the most active stocks in the market, indicating heightened trading activity and investor interest. This surge in activity may reflect broader market trends or specific developments within the company that are attracting attention from traders and investors alike. Increased trading activity suggests a moderately noticeable influence on market sentiment and potential financial performance.

14 Nov

3

NetClass Technology Inc (NTCL) has successfully closed a private placement financing round, raising $2.4 million. The funds will be utilized to support the company's growth initiatives and operational needs. This financing is part of NTCL's strategy to enhance its market position and expand its offerings. The financing will provide necessary capital for growth initiatives, potentially affecting financial performance and market positioning.

22 Oct

4

NetClass Technology Inc (NTCL) has signed a strategic Memorandum of Understanding (MOU) with RunSun Cloud to enhance AI computing and application development in Southeast Asia. This collaboration aims to leverage both companies' strengths to drive innovation and growth in the region's technology landscape. The partnership with RunSun Cloud is expected to significantly impact NTCL's strategic direction and market positioning in the growing AI sector.

16 Oct

4

NetClass Technology Inc (NTCL) has announced its updated earnings results for the first half of fiscal year 2025, revealing significant growth in revenue and net income compared to the previous year. The company attributed this success to increased demand for its technology solutions and successful product launches. Management expressed optimism about future performance, citing ongoing investments in innovation and market expansion strategies. The updated earnings reflect a positive outlook for NTCL as it navigates a competitive landscape. The updated earnings results indicate significant growth and strategic investments that could alter the company's trajectory and investor sentiment.

30 Sep

4

NetClass Technology Inc (NTCL) reported its earnings results for the first half of fiscal year 2025, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to increased demand for its products and effective cost management strategies. NTCL's management expressed optimism about future performance, citing ongoing investments in innovation and market expansion. The results exceeded analysts' expectations, leading to positive market reactions. The earnings report indicates significant growth and strategic investments that could alter the company's trajectory and investor sentiment.

15 Sep

4

NetClass Technology Inc (NTCL) has announced a $2.4 million private placement (PIPE) financing aimed at advancing its artificial intelligence applications and blockchain initiatives in Singapore. This funding is expected to enhance the company's capabilities in these emerging technologies, positioning it for growth in the competitive landscape. The PIPE financing is a significant strategic move that could enhance NTCL's competitive positioning in AI and blockchain markets.

28 Aug

4

NetClass Technology Inc (NTCL) has announced its relocation of headquarters to Singapore and plans to acquire Vietnam-based LBC International Company Limited. This strategic move aims to enhance NTCL's operational capabilities and expand its market presence in Southeast Asia. The relocation and acquisition are significant strategic moves that could substantially alter NTCL's market positioning and growth trajectory.

24 Jul

4

NetClass Technology Inc (NTCL) has established a subsidiary in Singapore aimed at expanding its global artificial intelligence business. This strategic move is part of the company's efforts to enhance its presence in the rapidly growing AI market and leverage opportunities in the Asia-Pacific region. Establishing a subsidiary in Singapore is a significant strategic move that could enhance market positioning and drive future growth in the AI sector.

16 Jul

4

NETCLASS Technology INC has won the Smart Digital Campus Construction project for Shanghai East China Model High School, valued at approximately CNY 3.38 million (US$0.47 million). This contract highlights the company's capabilities in educational informatization and marks a strategic expansion into digital campus solutions. Dr. Jianbiao Dai, CEO, emphasized the importance of this project in enhancing learning and administration in educational institutions. Winning a significant contract with a leading educational institution is likely to enhance NetClass's market position and investor sentiment.

23 Jun

4

NETCLASS Technology Inc. has signed a Framework Agreement for Cooperation with Nanyang Institute of Social Sciences to enhance AI-powered education. The partnership aims to improve course delivery and teaching outcomes while supporting NetClass's expansion in Singapore. They plan to co-develop a smart digital learning platform focused on social and management sciences, integrating intelligent systems for teaching and assessment. The collaboration may lead to equity-level cooperation in the future, aligning with NetClass's global expansion strategy and mission to build a scalable AI-powered education ecosystem. The partnership represents a significant strategic move that could enhance NetClass's market presence and innovation in educational technology.

16 Jun

4

NetClass Technology Inc (NTCL) is implicated in a series of scams targeting American investors, with numerous cases of fraud linked to obscure Chinese stocks. These scams have resulted in significant financial losses for investors, raising concerns about the integrity of foreign investments and the regulatory environment surrounding them. The article highlights the challenges faced by investors in identifying legitimate opportunities amidst a landscape rife with deception. The exposure of NTCL to fraudulent activities could significantly damage its reputation and investor trust, impacting future performance.

12 Jun

3

NetClass Technology (NASDAQ:NTCL) has zero debt and cash reserves of US$411k, with a cash burn of US$136k per year, providing a cash runway of approximately 3 years. Despite an 8.9% drop in operating revenue, the company can easily raise funds through share issuance or borrowing, as its cash burn represents only 0.4% of its US$38m market capitalization. Overall, the company's cash management appears sound, although there are three warning signs to consider. The company's cash burn and declining revenue may moderately influence its financial performance and market sentiment.

27 May

4

NetClass Technology Inc. has signed a cooperation agreement with East China Normal University to develop smart education solutions in computational linguistics. This partnership aims to integrate technology with language education, providing internships and launching a course on AI and language teaching. A Joint Research and Development Center will be established to support student innovation projects. NetClass plans to recruit graduates from the university, enhancing career opportunities for students and fostering collaboration in curriculum design and project development. The partnership is expected to significantly enhance NetClass's competitive position and innovation in the smart education sector.

23 May

4

NetClass Technology Inc. has launched its AI Foreign Language Teaching System at 71 colleges across China, serving over 20,000 teachers and students. The system includes four core modules designed to enhance teaching efficiency and has generated over 300,000 contextual dialogues. The company aims to improve language learning accessibility and engagement through AI integration. Future plans include launching additional modules in late 2025 to expand offerings. NetClass is committed to becoming a leader in the smart education industry. The launch of the AI Language Teaching System and future module expansions represent significant strategic moves that could enhance market positioning and investor sentiment.

23 Apr

4

NetClass Technology Inc (NASDAQ:NTCL) has seen a 92.31% increase in stock value year-to-date, ranking 3rd among tech stocks in 2025. The surge is attributed to the acquisition of a 51% stake in CreateSolutions Co., Ltd., enhancing its presence in Japan and diversifying its customer base. Additionally, the company raised $1.35 million through an over-allotment of shares, bringing total IPO proceeds to $10.35 million. Despite this growth, analysts suggest that AI stocks may offer greater potential for higher returns. The acquisition and successful IPO funding are significant strategic moves that could substantially enhance NTCL's market position and growth trajectory.

10 Mar

4

NETCLASS TECHNOLOGY INC. has acquired a 51% stake in Tokyo-based CreateSolutions Co., Ltd. for JPY 2,550,000, enhancing its market presence in Asia. This acquisition aims to strengthen NETCLASS's software development capabilities and diversify its customer base, providing a new operational center in Japan. Dr. Jianbiao Dai, CEO, emphasized the strategic alignment with the company's international expansion goals and the potential for revenue growth. The acquisition significantly enhances NETCLASS's operational capabilities and market reach in Asia, likely impacting its future performance and investor sentiment.

9 Mar

3

NetClass Technology Inc (NASDAQ:NTCL) experienced a 43% increase in share price last week, closing at $10.27, following a $1 billion deal that boosted growth prospects. The company, which went public on December 13, 2024, has seen a 105.4% rise since its initial offering. NTCL raised $9 million during its IPO to fund courseware development, online technology, and marketing. Despite its strong performance, analysts suggest that other AI stocks may offer better returns. NTCL ranks 10th among last week's top performers, while the Russell 2000 index fell by 4.04%. The significant share price increase and the $1 billion deal indicate a moderately noticeable influence on NTCL's future performance.

1 Feb

3

NetClass Technology (NASDAQ:NTCL), a B2B smart education IT provider, has seen its stock surge 41.8% year-to-date since its IPO in December 2024, raising $9 million and reporting a 48% year-over-year revenue increase. Despite this growth, the company remains unprofitable with a net income margin of -9.32%. The education tech sector is projected to reach $350 billion in 2025. NTCL ranks 12th among AI stocks that are performing well this year, but some analysts believe other AI stocks may offer better returns. The company's strong revenue growth and market potential indicate a moderately noticeable influence on its future performance.

16 Dec

4

NETCLASS TECHNOLOGY INC. announced the closing of a $9 million initial public offering of 1,800,000 Class A ordinary shares at $5.00 per share. The IPO closing and funds raised are expected to have a significant impact on NTCL's future growth and market performance.

13 Dec

4

NetClass Technology Inc. has announced the pricing of its initial public offering. The pricing of the IPO is a significant event that could alter the company's trajectory and investor sentiment.

stockrow.com/NTCL · Data as of Sep 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com