NetClass Technology Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	9.81	10.1	11.09	9.26	11.56
Revenue Growth (YoY)	-2.94%	-8.91%	19.79%	-19.90%	288.41%
Cost of Revenue	7.56	7.79	8.73	6.22	7.58
Gross Profit	2.24	2.31	2.36	3.04	3.98
Selling, General & Admin	10.25	1.09	1.41	2.16	2.36
Research & Development	1.68	2.52	0.57	0.83	0.41
Other Operating Expenses	1.25	-	-	-	-
Total Operating Expenses	13.17	3.6	1.97	2.99	2.77
Operating Income	-10.93	-1.29	0.39	0.05	1.21
Total Non-Operating Income (Expense)	-0.02	-0.01	0.03	0.02	0.02
Pretax Income	-10.95	-1.3	0.42	0.06	1.23
Provision for Income Taxes	-0.09	0.09	0.26	-0.07	0.16
Net Income	-10.82	-1.48	0.16	0.13	1.07
Minority Interest in Earnings	-0.04	0.09	-	-	0
Net Income to Common	-10.82	-1.48	0.16	0.13	1.07
Net Income Growth	-	-	22.26%	-87.56%	413.12%
Shares Outstanding (Basic)	18	16	15	15	15
Shares Outstanding (Diluted)	18	16	15	15	15
Shares Change (YoY)	14.16%	4.92%	0.14%	-	-
EPS (Basic)	-0.60	-0.09	0.01	0.01	0.07
EPS (Diluted)	-0.60	-0.09	0.01	0.01	0.07
EPS Growth	-	-	-	-85.71%	600.00%
Shares Outstanding	20.49	15.76	15.76	15	15
Free Cash Flow	-5.73	-0.14	0.39	-0.57	0.74
Free Cash Flow Per Share	-0.32	-0.01	0.03	-0.04	0.05
Gross Margin	22.85%	22.92%	21.28%	32.85%	34.41%
Operating Margin	-111.52%	-12.76%	3.49%	0.52%	10.45%
Profit Margin	-110.82%	-13.76%	1.46%	1.43%	9.23%
FCF Margin	-58.39%	-1.34%	3.53%	-6.17%	6.42%
EBITDA	-10.36	-1.24	0.52	0.17	1.34
EBITDA Margin	-105.69%	-12.23%	4.70%	1.80%	11.58%
EBIT	-10.93	-1.29	0.39	0.05	1.21
EBIT Margin	-111.52%	-12.76%	3.49%	0.52%	10.45%
Effective Tax Rate	0.79%	-6.62%	61.33%	-106.83%	13.29%

Updated Nov 14, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q