Netcapital Inc. NCPL

1.36 0.09 7.09% as of 25 Sep
Market cap
$11.1M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 21.95%

Capital & Financial Ratios

Market Cap 11.07
Revenue 0.74
Net Income (28.13)
Free Cash Flow (8.39)
Net Debt (0.72)
Current Ratio 0.26
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 10.32
P/B ratio 0.35
Past 5Y EPS Growth 8.51%
This Y EPS Growth 102.72%
Next Y EPS Growth 84.51%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1 1 0 1
Receivables 1 0 0 0
Inventory — — — —
Other 1 — — —
3 1 0 1
2023 2024 2025 Q'26
Payables 1 1 3 2
ST’ Debt 0 — — —
Other 2 2 2 2
5 3 5 4
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 24.97% (13.09%) (45.87%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 85.47% (16.10%)

Revenue

Jul Oct Jan Apr Year
’26 0 0 0 — —
’25 0 0 0 0 1
’24 2 2 1 0 5
’23 1 2 2 3 8
’22 1 1 2 2 5
’21 2 1 1 1 5
’20 0 1 1 0 2
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Jul Oct Jan Apr Year
’26 (4) (3) (1) — —
’25 (2) (1) (1) (1) (5)
’24 (1) 0 (2) (1) (5)
’23 (1) (1) (1) (1) (5)
’22 (1) (1) 0 (1) (3)
’21 (2) 0 (1) (1) (3)
’20 0 0 0 0 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Jul Oct Jan Apr Year
’26 (4) (3) (1) — —
’25 (2) (1) (1) (1) (5)
’24 (1) 0 (2) (1) (5)
’23 (1) (1) (1) (1) (5)
’22 (1) (1) 0 (1) (3)
’21 (2) 0 (1) (1) (3)
’20 0 0 0 0 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Jul Oct Jan Apr Year
’26 (1.27) (0.44) (0.32) — —
’25 (5.10) (2.34) (1.57) (13.46) (20.39)
’24 (4.90) 2.80 (13.29) (13.16) (28.67)
’23 1.40 2.80 23.08 11.89 44.06
’22 45.46 (7.05) 44.06 9.09 88.81
’21 5.19 5.05 1.48 50.68 62.40
’20 0.00 91.41 100.29 (86.48) 105.22
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
140.00 140.00 140.00 140.00 0.21 455.00 80.50 13.30 1.41 0.62

Analyst estimates 2026–2028

Powerpack
Low Price
560.00 980.00 1,680.00 2,380.00 1,260.00 1,211.00 1,050.00 191.10 22.82 8.75
High Price
— 2 4 4 — — — — 21 20
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
0 0 0 1 2 5 5 8 5 1
Revenue
(158.13%) 100.00% 78.51% 97.51% 99.37% 83.92% 97.99% 99.00% 97.82% 95.35%
Gross Margin
(1) (1) 0 1 0 2 4 4 (7) (28)
EBT
(1,861.69%) (3,851.63%) 117.90% 57.87% 24.23% 44.12% 73.85% 44.84% (147.95%) (3,254.89%)
EBT Margin
(1) (1) 0 1 1 1 4 3 (5) (28)
Net Income
0 0 — — — — — 0 0 0
Depreciation
0.01 0.00 0.01 0.10 307.65 263.74 143.85 126.97 28.62 0.63
Revenue/Sh
(0.12) (0.11) 0.01 0.06 105.22 82.22 91.61 44.06 (28.67) (20.39)
Earnings/Sh
0.00 0.00 (0.01) 0.00 (0.63) (181.61) (78.92) (69.02) (28.21) (3.85)
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
0.00 0.00 (0.01) 0.00 (0.63) (181.61) (78.92) (69.02) (28.21) (3.85)
Free CF/Sh
(0.25) (0.35) (0.16) (0.08) 119.16 792.10 662.41 540.46 219.31 10.74
Book Value/Sh
7 7 9 11 0 0 0 0 0 1
Shares
0.00 0.00 38,888.89 7,636.36 5.32 9.79 6.67 2.06 0.00 0.00
PE Ratio
22,563.07 47,916.64 45,920.50 4,395.00 1.82 3.05 4.38 0.63 0.33 3.22
PS Ratio
0.00 0.00 0.00 0.00 4.70 1.02 0.95 0.15 0.04 0.19
PB Ratio
22,601.38 47,942.33 45,931.28 4,396.17 2.39 2.74 4.48 0.63 0.26 3.48
EV/Sales
(46,765.07) (72,251.11) (101,744.19) 145,619.38 (1,165.50) (3.99) (8.17) (1.15) (0.26) (0.57)
EV/FCF
0 0 0 0 0 (3) (3) (5) (5) (5)
Op' Cash Flow
— — — — — — — — — —
Capex
0 0 0 0 0 (3) (3) (5) (5) (5)
FCF
(1) (3) (1) (1) (1) (5) (3) (3) (2) (5)
Working Cap'
2 1 — 1 0 2 1 1 — —
Total Debt
2 1 0 1 0 0 0 0 (1) 0
Net Debt
(2) (3) (1) (1) 1 14 25 36 38 15
Sh' Equity
(82.98%) (229.58%) 222.02% 142.55% 41.25% 10.52% 12.19% 8.03% (11.96%) (90.62%)
ROA
0.00% 0.00% 0.00% 166.84% 104.98% (1.78%) (2.55%) 3.93% (5.80%) (35.58%)
ROIC
61.19% 37.86% (6.43%) (49.62%) (650.08%) 19.78% 17.78% 9.63% (13.46%) (107.11%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Apr 2025 · latest quarter Jan 2026

Netcapital Inc. (NCPL) key facts

  • Netcapital Inc. (NCPL) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • Netcapital Inc.’s revenue for fiscal 2025 (year ended April 2025) was $869,500.00, down 82.4% from fiscal 2024.
  • As of September 25, 2026, NCPL traded at $1.36, a market capitalization of $11.1 million.
  • Return on equity was −107.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Netcapital Inc. (NCPL) Latest News

News by impact score

Fine-tune

25 Sep

3

Netcapital Inc. disclosed that Nasdaq notified it on Sept. 21, 2026 that it is not in compliance with Listing Rule 5250(c)(1) because it has not filed the Form 10-Q for the quarter ended July 31, 2026 and remains delinquent on the Form 10-K for the year ended April 30, 2026. Nasdaq previously gave until Oct. 23, 2026 to submit a plan to regain compliance for both reports. If Nasdaq accepts the plan, it may grant up to 180 days (until Feb. 9, 2027) to regain compliance; if it does not, Netcapital may appeal to a Nasdaq Hearings Panel. The notice has no immediate effect on trading, and the stock continues to trade on Nasdaq Capital Market. Netcapital intends to submit a compliance plan and to file the 10-K and 10-Q as soon as practicable, though there is no assurance Nasdaq will accept the plan or that compliance will be regained. Delinquent filings create regulatory risk and could affect investor confidence and timing of capital access depending on Nasdaq's plan approval and timing.

12 Aug

3

Netcapital Inc. CEO releases official company statement. CEO statement can moderately shape investor sentiment and company outlook for NCPL.

3

Netcapital Inc. (NCPL) has announced its financial results for the full year of fiscal 2025, highlighting key metrics and performance indicators. The report details revenue growth, operational achievements, and strategic initiatives undertaken during the fiscal year. Management expressed optimism about future prospects and ongoing projects aimed at enhancing shareholder value. The financial results indicate moderate growth and operational achievements that may influence investor sentiment and future performance.

3

Netcapital Inc. (NCPL) has announced its financial results for the full year of fiscal 2025, highlighting key performance metrics and financial health. The report details revenue growth, operational achievements, and strategic initiatives undertaken during the fiscal year. Management expressed optimism about future prospects and ongoing projects aimed at enhancing shareholder value. The financial results indicate moderate growth and operational improvements that may influence investor sentiment and market positioning.

31 Jul

3

Netcapital Inc. (NCPL) provides an update on its SEC stay. SEC stay update may influence regulatory compliance and market perception for Netcapital.

4 Jun

4

Netcapital Inc. signed a non-binding letter of intent to acquire Resmac Mortgage Banking Assets from RezyFi. Non-binding LOI to acquire mortgage banking assets marks a major strategic expansion into new financial services for Netcapital.

28 May

4

Netcapital acquires assets to accelerate AI-powered strategy. Asset purchase directly advances AI strategy and represents major move likely to alter company trajectory.

8 May

4

Netcapital Inc. (NCPL) announces a strategic shift. Strategic shift signals major changes likely to significantly impact future trajectory and investor sentiment.

22 Apr

4

Netcapital Inc. (NCPL) expands its strategy to build a full-service capital markets infrastructure targeting growth companies. Strategic expansion into full-service capital markets infrastructure signals major growth potential and competitive repositioning for NCPL.

16 Apr

4

Netcapital Inc. (NCPL) appoints Todd Violette as its new Chief Executive Officer. CEO appointment signals major leadership change with potential to reshape strategic direction and investor sentiment.

23 Mar

3

Netcapital Inc. (NCPL) Q3 2026 earnings call highlights strategic growth initiatives amid ongoing revenue challenges. Strategic growth offsets revenue declines, moderately influencing financial performance and investor sentiment.

19 Mar

4

Netcapital Inc. (NCPL) reported third quarter fiscal 2026 financial results and provided a corporate update. Quarterly financial results and corporate updates directly shape investor sentiment and stock trajectory.

7 Jan

4 transcript

Netcapital Inc. (NCPL) reported its Q4 2024 earnings, highlighting key financial metrics and operational updates. The company showcased growth in revenue and user engagement, driven by strategic initiatives and market expansion. Management provided insights into future plans, including potential product enhancements and market opportunities. The earnings call emphasized the company's commitment to innovation and shareholder value. Significant growth in revenue and strategic initiatives indicate a strong potential for future performance.

4 transcript

Netcapital Inc. (NCPL) reported its Q1 2025 earnings, highlighting significant growth in revenue and user engagement. The company emphasized its strategic initiatives aimed at expanding its market presence and enhancing its platform offerings. Key metrics showed an increase in active investors and successful funding rounds, reflecting a positive trend in its business model. Management expressed optimism about future growth prospects and outlined plans for upcoming product launches and partnerships. Significant growth in revenue and user engagement indicates a strong potential for future performance and market positioning.

4 transcript

Netcapital Inc. (NCPL) reported its Q4 2025 earnings, highlighting significant growth in revenue and user engagement. The company emphasized its strategic initiatives aimed at expanding its market presence and enhancing its platform offerings. Key metrics showed an increase in active users and successful funding rounds, reflecting strong demand for its services. Management provided an optimistic outlook for the upcoming fiscal year, focusing on innovation and customer acquisition strategies to drive further growth. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

4 transcript

Netcapital Inc. (NCPL) reported its Q2 2026 earnings, highlighting significant growth in revenue and user engagement. The company emphasized its strategic initiatives aimed at expanding its market presence and enhancing its platform capabilities. Key metrics showed an increase in active users and successful fundraising campaigns, indicating a positive trajectory for the business. Management expressed optimism about future opportunities and outlined plans for continued innovation and customer acquisition. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

4 transcript

Netcapital Inc. (NCPL) reported its Q2 2025 earnings, highlighting key financial metrics and operational updates. The company demonstrated growth in revenue and user engagement, reflecting its strategic initiatives in the crowdfunding sector. Management provided insights into future plans, including potential expansions and product enhancements aimed at increasing market share. Overall, the earnings call conveyed a positive outlook for the company's trajectory. Significant growth in revenue and strategic initiatives indicate a strong potential for future performance.

3

Netcapital Inc. (NCPL) has been identified as one of the most active stocks in recent trading sessions, reflecting heightened investor interest and trading volume. The company's performance is being closely monitored as market dynamics shift, potentially influencing its future trajectory. Increased trading activity may affect market sentiment and investor interest, but the overall impact on the company's long-term performance is expected to be limited.

6 Jan

4

Netcapital Inc. has acquired the assets of Iverson Design along with its proprietary AI design technology suite. This acquisition aims to enhance Netcapital's capabilities in the design sector, leveraging advanced AI tools to improve service offerings and potentially expand market reach. The acquisition of proprietary AI technology is likely to significantly enhance Netcapital's competitive positioning and service offerings.

16 Dec

4

Netcapital Inc. (NCPL) reported challenges in revenue during Q2 2026, prompting a strategic pivot to address these issues. The company outlined new initiatives aimed at enhancing operational efficiency and exploring alternative revenue streams. Leadership emphasized the importance of adapting to market conditions and maintaining investor confidence amid the current financial landscape. The strategic pivot indicates a significant shift in operations that could alter the company's trajectory and investor sentiment.

10 Dec

4

Netcapital Inc. (NCPL) has experienced a significant surge in its stock price, doubling in value following the announcement of its expansion into blockchain technology. This strategic move aims to enhance the company's offerings and attract new investors. The expansion is seen as a response to the growing interest in blockchain solutions across various industries, potentially positioning NCPL favorably in a competitive market. Investors are now weighing the implications of this development on the company's future performance and market presence. The blockchain expansion is a major strategic move that could significantly alter the company's trajectory and investor sentiment.

9 Dec

3

Netcapital Inc. (NCPL) has been identified as one of the most active stocks in recent trading sessions, indicating heightened investor interest and trading volume. This activity may reflect broader market trends or specific developments related to the company, potentially influencing its stock performance. Increased trading activity suggests a moderately noticeable influence on market sentiment and could affect NCPL's financial performance.

8 Dec

4

Netcapital Inc. has appointed Rich Wheeless as its new CEO, effective immediately. Wheeless brings extensive experience in leadership and strategic growth, having previously held senior roles in various companies. His appointment is expected to drive the company's vision and enhance its operational capabilities as it continues to expand its market presence. The appointment of a new CEO with a strong background is likely to significantly influence the company's strategic direction and market performance.

3

Netcapital Inc. has announced an inducement grant under Nasdaq Listing Rule 5635(c)(4). This grant is aimed at attracting and retaining key personnel by providing them with stock options. The move is part of the company's strategy to enhance its workforce and align employee interests with shareholder value. The specifics of the stock options, including the number of shares and exercise price, were not disclosed. The inducement grant is expected to moderately influence employee retention and alignment with shareholder interests, impacting overall company performance.

2 Dec

4

An activist investor has filed a Schedule 13D regarding Netcapital Inc. (NCPL), indicating intentions to pursue a strategic deal aimed at maximizing shareholder value. This move suggests potential changes in the company's direction and governance as the investor seeks to enhance financial performance and overall market position. The activist's involvement indicates a significant push for strategic changes that could alter the company's trajectory and investor sentiment.

24 Sep

4

Netcapital Inc. (NCPL) reported a significant revenue surge in Q1 2026, driven by strategic shifts in its operations. The company highlighted key initiatives aimed at enhancing its market position and improving financial performance. Management expressed optimism about future growth prospects, emphasizing the effectiveness of their new strategies in adapting to market demands. The revenue surge and strategic shifts indicate a significant impact on future performance and investor sentiment.

14 Aug

3

Netcapital Inc. (NCPL) reported challenges in revenue during its Q4 2025 earnings call, prompting strategic shifts to address these issues. The company outlined its plans to enhance operational efficiency and explore new market opportunities to stabilize its financial performance. Leadership emphasized the importance of adapting to changing market conditions while maintaining a focus on long-term growth. Strategic shifts in response to revenue challenges may moderately influence financial performance and market positioning.

17 Jul

3

Netcapital Inc. (NCPL) has completed a registered direct offering, raising up to $5.9 million, priced at-the-market under Nasdaq rules. The offering is expected to enhance the company's financial position and support its growth initiatives. The offering may provide necessary capital for growth but its overall impact on the company's trajectory is expected to be limited.

16 Jul

3

Netcapital Inc. has announced a registered direct offering of 641,712 shares of common stock at $4.675 per share, aiming for gross proceeds of approximately $3 million, with potential additional proceeds of $2.9 million from short-term warrants. The offering is expected to close around July 17, 2025, subject to customary conditions. The funds will be used for repaying promissory notes and general working capital. H.C. Wainwright & Co. is the exclusive placement agent. The common stock is offered under an effective shelf registration statement, while the warrants are part of a private placement and not registered under the Securities Act. The offering may moderately influence Netcapital's financial performance and liquidity.

7 Jul

3

Netcapital Inc. has closed a registered direct offering, raising approximately $5 million by selling 714,286 shares of common stock at $7.00 per share. Additionally, the company issued unregistered short-term warrants for the purchase of up to 714,286 shares at an exercise price of $6.88, potentially generating an additional $4.9 million if fully exercised. The proceeds will be used for repaying promissory notes and general working capital. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The offering provides immediate capital for operational needs, which may moderately influence financial performance.

stockrow.com/NCPL · Data as of Jan 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com