Delisting risk
NTCL · NASDAQ · Software - Application

NetClass Technology

Builds customized smart-campus, online-learning, examination, and education-record systems for institutions.

$2.40
After-hours close−0.03 (−1.23%)
At close$2.43(+0.41%)
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Profile

NetClass Technology IncNTCLInformation Technology

Sells customized smart-campus and educational software, hosted learning subscriptions, and AI-computing support to institutions, earning most revenue from project work while operating through a Cayman holding company with services concentrated in mainland China and Hong Kong.

Delivers customized application development, SaaS subscriptions, and AI-computing support to schools, training institutions, enterprises, and government agencies. Its offerings link smart-campus workflows with hosted mobile learning, online examinations, education-record blockchain, data storage and computing, and language assessment.

Earns most revenue from application-development and systems contracts, while subscriptions are priced by users or usage and recognized over time. Services are concentrated in mainland China and Hong Kong despite a Singapore executive office, while Japan and Southeast Asia form newer expansion areas. Operations remain subject to PRC rules on offshore offerings, cybersecurity, and data privacy; public holders own the Cayman issuer rather than the operating entities.

Company facts

CEOJianbiao Dai
ListedDec 13, 2024
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountryChina
Employees46
CIK0001927578
ISINKYG6427C1160

Key statistics

Market cap$1.0M
EPS (ttm)−$27.94
P/E (ttm)−0.0859
ROE-229.0%
P/B0.2219
P/S0.0816
Dividend yield
Beta−1.32vs XLK 0.53

Year to date −90.8% · Average volume (30d) 62.6K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

7 quartersQ4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$7.8M$3.8M$6.3M$3.7M$6.2M$6.4M
Gross profit$1.9M$583.4K$1.7M$305.4K$1.9M$2.2K
Operating income$1.1M−$2.2M$946.1K−$5.2M−$5.8M−$5.5M
Net income$983.8K−$2.1M$587.2K−$4.9M−$5.9M−$6.0M
Diluted EPS$3.27−$6.55$1.86−$14.50−$17.50−$14.01
Gross margin24.7%15.5%27.3%8.4%31.5%0.0%
Operating margin14.5%-59.3%14.9%-141.8%-93.5%-85.9%

Revenue by product · FY25

Application Development Services$7.9M · 82%
Subscription Service$1.8M · 18%

Revenue by geography · FY25

China$4.8M · 49%
HONG KONG$3.3M · 34%
Cayman Islands$697.7K · 7%
Japan$519.3K · 5%
Singapore$415.6K · 4%

Balance sheet, Mar 31, 2026Cash & short-term investments $1.7M · Total debt $3.1M · Total assets $15.9M · Shareholders' equity $4.6M

Dividends

No dividends on record.

Ownership

Institutions 1.56%Insiders

Shares outstanding 425.4K · Float 251.0K · 59.0% free float

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Microsoft

    Institutional learning, smart-campus, and AI-cloud suite overlap.

  • Alphabet Class A

    Horizontal classroom suite and education-cloud alternative.

  • Cisco Systems

    Campus networks and education collaboration-suite alternative.

  • Coursera

    Institutional learning-platform and credential alternative.

  • Docebo

    Enterprise learning SaaS alternative for training customers.

CompareAfter-hours close

CompanyPriceChange
NetClass Technology$2.40−1.23%$1.0M0.1
Microsoft$513.06−0.06%$3.81T28.626.211.5+17.8%
Alphabet Class A$346.00−0.14%$4.19T17.425.89.4+24.2%
Cisco Systems$109.95+0.01%$433.28B33.021.46.8+17.6%
Coursera$6.47−0.08%$1.19B8.31.3+59.6%
Docebo $25.590.00%$649.5M22.015.42.5+11.0%
Median25.321.46.8+17.8%