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NTCL · NASDAQ · Software - Application

NetClass Technology (NTCL)

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

$2.02
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NetClass Technology IncNTCL
Information 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

Market cap$859.3K
EPS (ttm)−$31.51
P/E (ttm)−0.0641
ROE-229.0%
P/B0.1867
P/S0.0687
Dividend yieldDiv yield
Beta−1.20vs XLK 0.57

No analyst consensus on record.

Not reported.

Debt to equity66.60%
Current ratio92.00%

ProfitabilityRevenueNet incomeNet margin

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$3.3M$7.8M$3.8M$6.3M$3.7M$6.2M$6.4M
Net income−$821.5K$983.8K−$2.1M$587.2K−$4.9M−$5.9M−$6.0M
Net margin0.0%12.6%0.0%9.3%0.0%0.0%0.0%

GrowthOperating income

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income−$749.6K$1.1M−$2.2M$946.1K−$5.2M−$5.8M−$5.5M
YoY growthLoss widened−16.7%Loss widenedTurned lossLoss widened

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

Revenue
$6.4M
Operating income
−$5.5M
Net income
−$6.0M
View details

No dividends on record.

Institutions2.11%9.0K shares
10 holders · as of Jun 30, 2026
Other97.89%416.4K shares
remainder

425.4K company shares as of Sep 13, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
UBS Group AGInstitution
0.93%198,414as of Jun 30, 2026
Citadel Advisors LLCInstitution
0.48%101,204as of Jun 30, 2026
XTX Topco LtdInstitution
0.26%56,024as of Jun 30, 2026
Stonex Group Inc.Institution
0.10%21,831as of Jun 30, 2026
Tower Research Capital LLC (TRC)Institution
0.09%20,000as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

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NetClass Technology$2.020.00%$859.3K0.1
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Median24.020.66.9+17.8%