NetClass Technology (NTCL) Beginning Cash Balance (2023 - 2025)
NetClass Technology's (NTCL) quarterly Beginning Cash Balance came in at $415280.0 in Q3 2025, down 20.84% on a YoY basis from $524601.0 in Q3 2024, and down 20.84% quarter-over-quarter from $524601.0 in Q3 2024.
Analysis
NetClass Technology (NTCL) Beginning Cash Balance (2023 - 2025) Analysis & Trends
NetClass Technology (NTCL) has reported Beginning Cash Balance for 3 consecutive years, with $415280.0 the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Beginning Cash Balance fell 20.84% year-over-year to $415280.0; the trailing twelve-month figure through Sep 2025 stood at $415280.0 (down 20.84% YoY), and the FY2025 full-year result was $415280.0, down 20.84% from the prior year.
- Beginning Cash Balance eased to $415280.0 in Q3 2025 per NTCL's latest filing, from $524601.0 in the prior quarter.
- Across five years, Beginning Cash Balance topped out at $524601.0 in Q3 2024 and bottomed at $301705.0 in Q3 2023.
- Historically, Beginning Cash Balance has averaged $413862.0 across 3 years, with a median of $415280.0 in 2025.
- The sharpest annual moves came in 2024 and 2025: Beginning Cash Balance jumped 73.88% in 2024, then fell 20.84% in 2025.
- Over 3 years, Beginning Cash Balance stood at $301705.0 in 2023, then soared by 73.88% to $524601.0 in 2024, then fell by 20.84% to $415280.0 in 2025.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $415280.0, $524601.0, and $301705.0 for Q3 2025, Q3 2024, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn |
| 10 | NetClass Technology | 669,307.99 | -912,689.01 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 415,280.00 |
| Sep 30, 2024 | 524,601.00 |
| Sep 30, 2023 | 301,705.00 |