NetClass Technology (NTCL) Notes Payables (2023 - 2026)
NetClass Technology's (NTCL) quarterly Notes Payables came in at $2.0 million in Q1 2026, up 24.57% quarter-over-quarter from $1.6 million in Q3 2025.
Analysis
NetClass Technology (NTCL) Notes Payables (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has reported Notes Payables for 4 consecutive years, with $2.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables changed N/A year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 million (changed N/A YoY), and the FY2025 full-year result was $1.6 million, up 595.31% from the prior year.
- Notes Payables climbed to $2.0 million in Q1 2026 per NTCL's latest filing, from $1.6 million in the prior quarter.
- Across five years, Notes Payables topped out at $2.0 million in Q1 2026 and bottomed at $180101.0 in Q3 2023.
- Historically, Notes Payables has averaged $996017.5 across 4 years, with a median of $910430.5 in 2024.
- The sharpest annual moves came in 2024 and 2025: Notes Payables grew 27.12% in 2024, then jumped 595.31% in 2025.
- Over 4 years, Notes Payables stood at $180101.0 in 2023, then advanced by 27.12% to $228951.0 in 2024, then surged by 595.31% to $1.6 million in 2025, then grew by 24.57% to $2.0 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $2.0 million, $1.6 million, and $228951.0 for Q1 2026, Q3 2025, and Q3 2024 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 |
|---|---|
| Mar 31, 2026 | 1.98 Mn |
| Sep 30, 2025 | 1.59 Mn |
| Sep 30, 2024 | 228,951.00 |
| Sep 30, 2023 | 180,101.00 |