New Risk • Apr 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 175% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 86% per year over the past 5 years. Shareholders have been substantially diluted in the past year (175% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$32.9m market cap). Reported Earnings • Feb 03
Full year 2025 earnings released: US$0.60 loss per share (vs US$0.094 loss in FY 2024) Full year 2025 results: US$0.60 loss per share (further deteriorated from US$0.094 loss in FY 2024). Revenue: US$9.81m (down 2.9% from FY 2024). Net loss: US$10.8m (loss widened US$9.35m from FY 2024). New Risk • Dec 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$8.69m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 84% per year over the past 5 years. Market cap is less than US$10m (US$8.69m market cap). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Dec 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 84% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$17.8m market cap). Announcement • Dec 05
NetClass Technology Inc, Annual General Meeting, Dec 23, 2025 NetClass Technology Inc, Annual General Meeting, Dec 23, 2025, at 11:00 Singapore Standard Time. Location: unit 11-03, abi plaza, 11 keppel road, singapore, Singapore Reported Earnings • Oct 22
First half 2025 earnings released: US$0.29 loss per share (vs US$0.13 loss in 1H 2024) First half 2025 results: US$0.29 loss per share (further deteriorated from US$0.13 loss in 1H 2024). Revenue: US$3.65m (down 3.0% from 1H 2024). Net loss: US$4.90m (loss widened 137% from 1H 2024). Reported Earnings • Oct 05
First half 2025 earnings released: US$0.29 loss per share (vs US$0.13 loss in 1H 2024) First half 2025 results: US$0.29 loss per share (further deteriorated from US$0.13 loss in 1H 2024). Revenue: US$3.65m (down 3.0% from 1H 2024). Net loss: US$4.90m (loss widened 137% from 1H 2024). New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 81% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (US$36.4m market cap). Announcement • May 26
NetClass Technology Inc. Provides Update on AI Foreign Language Teaching System NETClass TECHNOLOGY INC. provided an update on its proprietary AI Foreign Language Teaching System. The Language Teaching System has been launched at 71 colleges across 20 provinces and municipalities in China and serves over 20,000 teachers and students. The program covers 500+ courses and has generated over 300,000 contextual dialogues. The deployment of this program reinforces NetClass's commitment to its long-term strategic goals in becoming a market leader in the smart education industry. The integration of AI technology into traditional teaching methods provides students and teachers with innovative solutions to common challenges. Additionally, the system features dynamic dialogue assessment capabilities, evaluating students' oral performance across dimensions such as vocabulary usage, turn-taking, grammatical structure, and pronunciation accuracy, while generating detailed evaluation reports. Module 2: AI Intelligent Composition Correction - Conducting systematic annotations and AI-powered grading based on three core criteria: error statistics, advanced vocabulary usage, and composition logic. This module is focused on assisting students standardize writing patterns and improve their writing skills, and allows teachers to perform secondary corrections, effectively reducing repetitive grading tasks and alleviating workloads. Module 3: reading and Pronunciation Training - Featuring multiple voice options, the AI-generated reading samples support customizable speech speeds and pronunciation evaluation, generating a multi-dimensional assessment designed to increase students' confidence in speaking. Module 4: Teaching Data Dashboard - The dashboard dynamically tracks key data points including dialogue frequency, composition submission rates, and shadowing scores, generating a learning effectiveness analysis report designed to provide scientific insights for teaching optimization. NetClass currently has two learning platforms, "AI English Go" and "Multilingual Go", supporting teaching in English, Spanish, German, Japanese, French, and other languages. The Company plans to launch its vocabulary, listening, and speech modules in later 2025 to expand its product offerings. The collaboration with distinguished universities demonstrates the integration of AI into real-world teaching scenarios and enhances students' critical thinking and language application skills. New Risk • May 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$92.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 81% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$92.9m market cap). Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. VP & Director Lina Chen is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 02
NetClass Technology Inc announced delayed 20-F filing On 01/31/2025, NetClass Technology Inc announced that they will be unable to file their next 20-F by the deadline required by the SEC. Board Change • Jan 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. VP & Director Lina Chen is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 14
NetClass Technology Inc has completed an IPO in the amount of $9 million. NetClass Technology Inc has completed an IPO in the amount of $9 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,800,000
Price\Range: $5
Discount Per Security: $0.375 