Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 267

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 267
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, 2023 and 2022                      | ​ | F-6 |
| Consolidated Statements of Cash Flows for the Years Ended September 30, 2024, 2023 and 2022                             | ​ | F-7 |
| Notes to Consolidated Financial Statements                                                                              | ​ | F-8 |

INDEX TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

| Unaudited Condensed Consolidated Financial Statements                                                                             
 Condensed Consolidated Balance Sheets as of March 31, 2025 and September 30, 2024                                                 
 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Six Months Ended March 31, 2025 and 2024 | ​ 
 ​ | ​    
 ​    
 F-34 
 F-35 |
|:----------------------------------------------------------------------------------------------------------------------------------|:--|:-----|
| Unaudited Condensed Consolidated Statements of Changes in Equity for the Six Months Ended March 31, 2025 and 2024                 | ​ | F-36 |
| Unaudited Condensed Consolidated Statements of Cash Flows for the Six Months Ended March 31, 2025 and 2024                        | ​ | F-37 |
| Notes to Unaudited Condensed Consolidated Financial Statements                                                                    | ​ | F-38 |

F-1

#### ​REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM​​​To the shareholders and the Board of Directors of NetClass Technology Inc​​​Opinion on the Financial StatementsWe have audited the accompanying consolidated balance sheet of NetClass Technology Inc and subsidiaries (the “Company”) as of September 30, 2024, and the related consolidated statements of operations, comprehensive income (loss), changes in shareholders’ equity and cash flows for the year then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of September 30, 2024, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America.Basis for OpinionThese financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company