Netclass Technology vs Ryde Group
Netclass Technology and Ryde Group are similar in size: $9.8m and $9.6m of revenue in their latest fiscal years. Ryde Group grew faster (42.9% against -2.9%). Netclass Technology kept more of each dollar of sales as profit: a net margin of -110.4% against -139.5%. Ryde Group carries less debt relative to equity (0.0% against 27.5%).
| Latest fiscal year | Netclass TechnologyNTCL, 2025 | Ryde GroupRYDE, 2025 |
|---|---|---|
| Revenue | $9.8m | $9.6m |
| Revenue growth | -2.9% | 42.9% |
| Net income | −$10.8m | −$13.4m |
| Operating margin | -111.5% | -50.1% |
| Net margin | -110.4% | -139.5% |
| Return on equity | — | -96.6% |
| Free cash flow | −$5.7m | −$18.0m |
| Cash | $1.8m | $3.9m |
| Total debt | $1.6m | $0 |
| Debt to equity | 27.5% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $3,899 | $28.7m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 1 sales |