# NetClass Technology Inc (NTCL)

- Sector: Technology · Industry: Software Application
- SEC CIK: 0001927578 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001927578))
- Full page: https://inspectstocks.com/stocks/ntcl
- Data as of: price 2026-09-28; newest filing used 2026-02-02; latest fiscal period ended 2025-09-30

## Grade

**F-** on the balance-sheet rubric used for lenders, 1 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -$10.9M |  |
| Earnings growing overall | failed | -$10.9M | $132.7K |
| Earnings growing recently | failed | -$10.9M | -$1.5M |
| Earns well on its assets | failed | -78.7% |  |
| Book value per share growing | passed | $0.32 | $0.16 |

Business quality (the + / − mark): 1 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -110.8% |  |
| Healthy profit margin | failed | -110.8% |  |
| Strong operating margin | failed | -111.5% |  |
| Good return on equity | failed | -187.9% |  |
| Debt under control | passed | 0.40 |  |
| Turns sales into cash | failed | -58.4% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $9.8M |
| Net income, trailing twelve months | -$10.9M |
| Free cash flow, trailing twelve months | -$5.7M |
| Net margin | -110.8% |
| Operating margin | -111.5% |
| Return on equity | -187.9% |
| Debt to equity | 0.40 |
| Diluted EPS, trailing twelve months | -$0.60 |
| Share price | $2.11 |
| Market value | $38M |
| Price / sales | 3.9x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/ntcl)
- [Financial statements](https://inspectstocks.com/stocks/ntcl/financials)
- [Competitors](https://inspectstocks.com/stocks/ntcl/peers)
- [Earnings](https://inspectstocks.com/stocks/ntcl/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.