- **NetClass Technology Inc.** reported total revenue of approximately **$3.7 million** for the first half of fiscal year 2025, representing a **3.0% decrease** compared to the same period in the prior fiscal year.  **[1927578_0001104659-25-095073_tm2527571d1_ex99-1.htm:0]** 
- Gross profit for the first half of fiscal year 2025 decreased by **47.7%** to approximately **$0.3 million**, with the profit margin falling to **8.4%** from 15.5% in the prior year.  **[1927578_0001104659-25-095073_tm2527571d1_ex99-1.htm:0]** 
- Total operating expenses increased significantly by **94.7%** to approximately **$5.5 million**, mainly driven by higher marketing expenses, technology upgrading, and consulting costs.  **[1927578_0001104659-25-095073_tm2527571d1_ex99-1.htm:0]** 
- The company's net loss for the first half of fiscal year 2025 widened by **137.2%** to approximately **$4.9 million**, resulting in a basic and diluted loss per share of **$(0.29)**.  **[1927578_0001104659-25-095073_tm2527571d1_ex99-1.htm:0]** **[1927578_0001104659-25-095073_tm2527571d1_ex99-1.htm:4]**

NetClass Technology Inc. Announces First Half Fiscal Year 2025 Earnings Results

- **NETCLASS Technology INC** announced a **private placement (PIPE) financing** agreement on **August 31, 2025**, to raise **approximately $2.4 million**.  **[1927578_0001104659-25-089784_tm2525949d1_ex99-1.htm:0]** **[1927578_0001104659-25-089784_tm2525949d1_6k.htm:1]** 
- The financing involves the issuance and sale of **1,500,000 Class A ordinary shares at $1.60 per share** to an institutional investor.  **[1927578_0001104659-25-089784_tm2525949d1_ex99-1.htm:0]** **[1927578_0001104659-25-089784_tm2525949d1_ex10-1.htm:0]** **[1927578_0001104659-25-089784_tm2525949d1_6k.htm:1]** 
- The proceeds are intended to advance the company's **AI applications and blockchain initiatives in Singapore**.  **[1927578_0001104659-25-089784_tm2525949d1_ex99-1.htm:0]** 
- The investor also holds the right to purchase up to an additional **1,500,000 Class A ordinary shares at $1.60 per share** over the next three years following the closing date.  **[1927578_0001104659-25-089784_tm2525949d1_ex99-1.htm:0]** **[1927578_0001104659-25-089784_tm2525949d1_ex10-1.htm:1]**

NetClass Technology Inc Announces Private Placement Financing

- **NETCLASS TECHNOLOGY INC** (Nasdaq: NTCL) announced the **relocation of its corporate headquarters to Singapore**, effective **September 1, 2025**, as a strategic move for global expansion and to strengthen access to Asia-Pacific markets.  **[1927578_0001104659-25-084790_tm2524655d1_ex99-1.htm:0]** 
- The company has signed a **non-binding Letter of Intent (LOI) to acquire a 51% equity interest in LBC International Company Limited**, a Vietnam-based provider of retail management solutions.  **[1927578_0001104659-25-084790_tm2524655d1_ex99-1.htm:0]** 
- This planned acquisition is expected to **accelerate NetClass's expansion in Vietnam and the broader Southeast Asian market**, aligning with its global growth strategy.  **[1927578_0001104659-25-084790_tm2524655d1_ex99-1.htm:0]**

NetClass Technology (NTCL)