NetClass Technology Inc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $9.8M | $10.1M | $11.1M | $9.3M |
| Cost of Revenue | $7.6M | $7.8M | $8.7M | $6.2M |
| Gross Profit | $2.2M | $2.3M | $2.4M | $3.0M |
| Gross Margin | 22.8% | 22.9% | 21.3% | 32.8% |
| Operating Expenses | ||||
| Research & Development | $1.7M | $2.5M | $567.8K | $828.3K |
| SG&A Expense | $9.2M | $703.2K | $798.2K | $865.7K |
| Operating Income | $-10.9M | $-1.3M | $386.7K | $48.4K |
| Operating Margin | -111.5% | -12.8% | 3.5% | 0.5% |
| Interest Expense | $149.2K | — | — | — |
| Pretax Income | $-11.0M | $-1.3M | $419.6K | $64.2K |
| Income Tax Expense | $-86.7K | $86.3K | $257.3K | $-68.5K |
| Net Income | $-10.8M | $-1.5M | $162.2K | $132.7K |
| Net Margin | -110.4% | -14.6% | 1.5% | 1.4% |
| EPS (Basic) | $-0.60 | $-0.09 | $0.01 | $0.01 |
| EPS (Diluted) | $-0.60 | $-0.09 | $0.01 | $0.01 |
| Shares Outstanding (Basic) | 18.0M | 15.8M | 15.0M | 15.0M |
| Shares Outstanding (Diluted) | 18.0M | 15.8M | 15.0M | 15.0M |
| Dividends Per Share | — | — | — | — |