NETCLASS TECHNOLOGY

NASDAQ: NTCL • ir.netclasstech.com

"Powering Smart Education with AI & Blockchain Innovation"

Emerging B2B EdTech company transforming education across Asia with AI and blockchain solutions

*$10.1M

FY2024 REVENUE

22.9%

GROSS MARGIN

+160bps

*$9M

IPO PROCEEDS

Dec 2024

Revenue Composition Analysis

Application Development

*$7.80M (77.3%)

Subscription Services

*$2.29M (22.7%)

Key Financial Metrics

Key Metrics	FY2024	FY2023	Change
Total Revenue	*$10.1M	*$11.1M	-9.0%
Gross Margin	22.9%	21.3%	+160bps
App Development	*$7.80M	*$8.31M	-6.0%

Key Business Highlights

MP
Market Position (MP)
Established presence in AI-assisted learning systems and
                                        educational blockchain technology

GP
Geographic Positioning (GP)
Shanghai + Hong Kong + Singapore + Tokyo
                                        presence, expanding into high-growth Asia markets

AI
Technology Differentiation (AI)
Vertical AI LLM for education, blockchain
                                        credential verification, smart campus solutions

FP
Financial Performance (FP)
Profit margin as a percent of overall
                                        revenue for the years ended September 30,
                                        2024 and 2023 was approximately 22.9%
                                        and 21.3%, respectively, with *$9M in
                                        funding proceeds and diversified B2B
                                        revenue streams

Growth Catalysts & Timeline

6-12 MONTHS

AI Language Learning Scaling

College partnerships expansion driving growth

NEAR-TERM

Strategic Acquisition

Japan-based CreateSolutions Co., Ltd. acquisition strengthens Asia position

ONGOING

EdTech Adoption

Market development

Competitive Advantages

Technology Stack

AI technology capabilities

Established Partnerships

Strong contracts and customer
                                        relationships across multiple regions

Multi-Jurisdictional Operations

Established presence across Asia-Pacific
                                        markets with local expertise

EDC

EDC Blockchain System

Blockchain-based educational credentialing
                                        platform

Leadership & Risk Management

Dr. Jianbiao Dai - Chief Executive
                                    Officer
                                

20+ years ICT experience, PhD Electronic Engineering

Strong board with independent directors,
                                    recent IPO demonstrates a commitment in
                                    transparency

Risk Mitigation Strategy

● Customer Concentration: Active diversification strategy implementation

● Competition: Technology differentiation

● Growth Capital: Fresh funding proceeds enabling strategic investments

Important Disclaimer

Forward-Looking Statements: This document contains forward-looking statements within the meaning of applicable securities laws. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Investment Risks: An investment in NetClass Technology Inc. (NASDAQ: NTCL) involves significant risk. Past performance is not indicative of future results. Potential investors should carefully consider the risk factors disclosed in our SEC filings before making any investment decision.

Financial Data Notation: Financial figures marked with an asterisk (*) represent rounded approximations for presentation clarity.Actual amounts can be found in the company's Form 20-F filing.

Not Investment Advice: This document is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities. For more information, visit netclasstech.com