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NTCL Financials Netclass Technology Inc

4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 1.9% per year over the past 3 years.
  • Operating margin has contracted, at -111.5% in the latest year.

Financial health

  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$11M $132473 $11M $0 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-112% -39% 33% 0% 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$6M -$3M $0 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $881944 $2M 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$6M $2M $9M $0 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $10M -$11M 22.8% -111.5% -$6M $2M
2024 $10M -$1M 22.9% -12.8% $410716
2023 $11M $162229 21.3% 3.5% $524601
2022 $9M $132687 32.8% 0.5% $208206

Valuation over time

How the market has priced NTCL against its own fundamentals since 2024-12 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 12.6 25.3 Dec '24 Mar '25 Jun '25 Sep '25 Dec '25 Mar '26 Jun '26
P/S

Frequently asked questions

Is NTCL growing its revenue and profit?

Over the past 3 years, Netclass Technology Inc's revenue has grown 1.9% per year. These are computed facts, not advice.

How much debt does NTCL have?

As of FY2025, Netclass Technology Inc reported — of total debt against $2M of cash.

What is NTCL's profit margin?

In FY2025, gross margin was 22.8%, operating margin -111.5%, and net margin -110.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.