NetClass Technology Inc. Reports 3% Revenue Decline and Increased Net Loss for First Half of Fiscal Year 2025

Reuters10-17
NetClass Technology Inc. Reports 3% Revenue Decline and Increased Net Loss for First Half of Fiscal Year 2025

NetClass Technology Inc. reported revenue of $3.65 million for the six months ended March 31, 2025, compared to $3.77 million for the same period in 2024, representing a decrease of $0.11 million or 3.0%. Gross profit for the period was $0.31 million, down from $0.58 million a year earlier, a decrease of $0.28 million or 47.7%. Total operating expenses rose to $5.48 million from $2.82 million, an increase of $2.67 million or 94.7%. Net loss was $4.96 million, compared to $2.07 million for the same period last year, an increase of $2.89 million or 140.0%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetClass Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-100116), on October 16, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment