NetClass Technology (NTCL) Receivables (2023 - 2026)
NetClass Technology's (NTCL) quarterly Receivables came in at $8.0 million in Q1 2026, up 41.36% on a YoY basis from $5.7 million in Q1 2025, and down 19.8% quarter-over-quarter from $10.0 million in Q3 2025.
Analysis
NetClass Technology (NTCL) Receivables (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has reported Receivables for 4 consecutive years, with $8.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Receivables rose 41.36% year-over-year to $8.0 million; the trailing twelve-month figure through Mar 2026 stood at $8.0 million (up 41.36% YoY), and the FY2025 full-year result was $10.0 million, up 25.09% from the prior year.
- Receivables retreated to $8.0 million in Q1 2026 per NTCL's latest filing, from $10.0 million in the prior quarter.
- Across five years, Receivables topped out at $10.0 million in Q3 2025 and bottomed at $4.8 million in Q3 2023.
- Historically, Receivables has averaged $7.3 million across 4 years, with a median of $8.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Receivables surged 66.18% in 2024, then grew 25.09% in 2025.
- Over 4 years, Receivables stood at $4.8 million in 2023, then soared by 66.18% to $8.0 million in 2024, then increased by 25.09% to $10.0 million in 2025, then fell by 19.8% to $8.0 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $8.0 million, $10.0 million, and $5.7 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 130.98 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 87.14 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 170.80 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 53.31 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 | 7.91 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 4.32 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 17.10 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 77.31 Mn |
| 10 | NetClass Technology | 669,307.99 | -912,689.01 | - | 8.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 8.04 Mn |
| Sep 30, 2025 | 10.02 Mn |
| Mar 31, 2025 | 5.69 Mn |
| Sep 30, 2024 | 8.01 Mn |
| Sep 30, 2023 | 4.82 Mn |