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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
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.
The price-to-sales ratio has fallen from 10.4× (Dec '24) to 0.3× (Jun '26).
Price / sales (P/S)
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.