Estados financieros detallados de NetClass Technology Inc (NTCL): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
NetClass Technology Inc registró ingresos de $9.8M en el último ejercicio fiscal, con un CAGR de 5 años del 26.9%.
Márgenes de los últimos 12 meses: margen bruto 15.5%, margen operativo -89.6%, margen neto -95.0%.
Al precio actual de $1.96, NTCL presenta beneficios negativos (P/E no significativo) y un ROE del -228.97%. La capitalización bursátil es de $1M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $3.0M | $11.6M | $9.3M | $11.1M | $10.1M | $9.8M |
| Coste de Ventas | $1.9M | $7.6M | $6.2M | $8.7M | $7.8M | $7.6M |
| Beneficio Bruto | $1.1M | $4.0M | $3.0M | $2.4M | $2.3M | $2.2M |
| I+D | $435982 | $406754 | $828311 | $567809 | $2.5M | $1.7M |
| Generales y Administrativos | $557869 | $2.4M | $2.2M | $1.4M | $1.1M | $10.2M |
| Gastos Operativos | $993851 | $2.8M | $3.0M | $2.0M | $3.6M | $13.2M |
| Beneficio Operativo | $74591 | $1.2M | $48370 | $386703 | -$1.3M | -$10.9M |
| EBITDA | $190529 | $1.3M | $166934 | $482834 | -$1.3M | -$9.1M |
| Gastos por Intereses | $234 | $11911 | $8572 | $4558 | 0 | 0 |
| Beneficio Antes de Impuestos | $225035 | $1.2M | $64151 | $419560 | -$1.3M | -$11.0M |
| Impuestos | $17256 | $163481 | -$68536 | $257330 | $86311 | -$86736 |
| Beneficio Neto | $207858 | $1.1M | $132687 | $162229 | -$1.5M | -$10.8M |
| BPA | $0.69 | $3.56 | $0.44 | $0.54 | $-4.69 | $-32.00 |
| BPA Diluido | $0.69 | $3.56 | $0.44 | $0.54 | $-4.69 | $-32.00 |
| Acciones en Circulación (Diluidas) | $300000 | $300000 | $300000 | $300416 | $315200 | $338551 |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q3 | 2025-Q1 | 2025-Q3 | 2026-Q1 |
|---|
| Ingresos | $6.3M | $3.7M | $6.2M | $6.4M |
| Beneficio Bruto | $1.7M | $305390 | $1.9M | $2230 |
| Beneficio Operativo | $946130 | -$5.2M | -$5.8M | -$5.5M |
| EBITDA | $950466 | -$5.2M | -$3.9M | -$4.1M |
| Beneficio Neto | $587198 | -$4.9M | -$5.9M | -$6.0M |
| BPA | $1.86 | $-14.50 | $-17.50 | $-14.01 |
| BPA Diluido | $1.86 | $-14.50 | $-17.50 | $-14.01 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $306460 | $1.0M | $208206 | $524601 | $410716 | $1.8M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $1.7M | $2.5M | $3.4M | $2.3M | $5.3M | $5.6M |
| Inventario | $656984 | $249151 | $94573 | $1.1M | $1.2M | $305741 |
| Activos Corrientes | $3.3M | $3.8M | $4.0M | $6.3M | $7.1M | $8.9M |
| Inmovilizado Material | $388895 | $281161 | $145470 | $103232 | $52829 | $1.7M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | $1.1M |
| Activos Totales | $3.9M | $4.2M | $4.4M | $6.5M | $7.2M | $13.8M |
| Cuentas por Pagar | $1.5M | $1.0M | $1.0M | $1.2M | $2.9M | $1.9M |
| Deuda a Corto | $93536 | $98552 | $130938 | 0 | 0 | $1.6M |
| Pasivos Corrientes | $2.4M | $1.7M | $1.9M | $2.1M | $4.2M | $6.9M |
| Deuda a Largo | $93535 | 0 | 0 | 0 | 0 | $421408 |
| Pasivos Totales | $2.5M | $1.7M | $1.9M | $2.1M | $4.2M | $7.8M |
| Reservas | -$1.5M | -$424277 | -$291590 | -$129361 | -$1.7M | -$12.5M |
| Patrimonio Neto | $1.4M | $2.5M | $2.4M | $4.4M | $3.0M | $5.8M |
| Deuda Total | $187071 | $98552 | $130938 | $54356 | $13122 | $2.7M |
| Deuda Neta | -$119389 | -$943384 | -$77268 | -$470245 | -$397594 | $950422 |
| Capital Circulante | $889775 | $2.1M | $2.1M | $4.2M | $2.9M | $2.0M |
Balance (Trimestral)
| Año | 2024-Q3 | 2025-Q1 | 2025-Q3 | 2026-Q1 |
|---|
| Caja y Equivalentes | $410716 | $1.8M | $1.8M | $1.7M |
| Activos Totales | $7.2M | $11.4M | $13.8M | $15.9M |
| Pasivos Totales | $4.2M | $4.6M | $7.8M | $11.2M |
| Patrimonio Neto | $3.0M | $6.6M | $5.8M | $4.6M |
| Deuda Total | $13122 | $373342 | $2.7M | $3.1M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $207858 | $1.1M | $132687 | $162229 | -$1.5M | -$10.9M |
| Amortizaciones | $115938 | $130831 | $118564 | $134786 | $52971 | $571259 |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | $5.2M |
| Cambio en Capital Circulante | -$1.6M | -$185440 | -$888459 | -$514971 | -$581457 | -$2.6M |
| Flujo de Caja Operativo | -$65526 | $745803 | -$571449 | $391876 | -$135655 | -$5.7M |
| Inversiones (CapEx) | -$40906 | -$3482 | 0 | 0 | 0 | -$2.3M |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | $17328 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$106432 | $742321 | -$571449 | $391876 | -$135655 | -$8.0M |
Flujo de Caja (Trimestral)
| Año | 2024-Q3 | 2025-Q1 | 2025-Q3 | 2026-Q1 |
|---|
| Flujo de Caja Operativo | $76180 | 0 | -$5.7M | -$2.5M |
| Inversiones (CapEx) | 0 | 0 | -$2.3M | -$4 |
| Flujo de Caja Libre | $76180 | 0 | -$8.0M | -$2.5M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | $5.2M | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +288.4% | -19.9% | +19.8% | -8.9% | -2.9% |
| Crecimiento Beneficio Neto (anual) | | +413.1% | -87.6% | +22.3% | -1010.9% | -632.5% |
| Crecimiento BPA (anual) | | +411.5% | -87.6% | +22.7% | -968.5% | -582.3% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.1% | +4.9% | +7.4% |
| Crecimiento FCF (anual) | | +797.5% | -177.0% | +168.6% | -134.6% | -5816.0% |
| Margen Bruto | 35.9% | 34.4% | 32.8% | 21.3% | 22.9% | 22.8% |
| Margen Operativo | 2.5% | 10.4% | 0.5% | 3.5% | -12.8% | -111.5% |
| Margen EBITDA | 6.4% | 11.6% | 1.8% | 4.4% | -12.7% | -92.9% |
| Margen Neto | 7.0% | 9.2% | 1.4% | 1.5% | -14.6% | -110.4% |
| Margen FCF | -3.6% | 6.4% | -6.2% | 3.5% | -1.3% | -81.8% |
| Tasa Impositiva Efectiva | 7.7% | 13.3% | -106.8% | 61.3% | -6.6% | 0.8% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.35 | $2.47 | $-1.90 | $1.30 | $-0.43 | $-23.70 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $300000 | $300000 | $300000 | $300416 | $315200 | $338551 |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -228.97% |
| Rentabilidad sobre capital invertido | -138.69% |
| Rentabilidad sobre activos | -74.61% |
| Margen bruto | 15.48% |
| Margen operativo | -89.62% |
| Margen neto | -95.02% |
Salud financiera
| Deuda / Patrimonio | 0.67 |
| Ratio corriente | 0.92 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 359.71 | 70.32 | 568.18 | 462.96 | -53.30 | -2.28 |
| P/VC | 52.78 | 29.69 | 31.11 | 16.90 | 26.52 | 4.27 |
| P/V | 25.21 | 6.49 | 8.10 | 6.77 | 7.80 | 2.52 |
| Margen Bruto | 35.9% | 34.4% | 32.8% | 21.3% | 22.9% | 22.8% |
| Margen Operativo | 2.5% | 10.4% | 0.5% | 3.5% | -12.8% | -111.5% |
| Margen Neto | 7.0% | 9.2% | 1.4% | 1.5% | -14.6% | -110.4% |