NCPL · Netcapital Inc.
$0.40
0.00 (-0.20%)
At close · Jul 27
Going-concern doubt
— flagged Mar 19, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company's management has determined, based on its recent history and the negative cash flow from operations, that it is unlikely that its plan will sufficiently alleviate or mitigate, to a sufficient level, the relevant conditions or events noted above. To the extent that funds generated from any private placements, public offerings and/or bank financing, if available, are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on acceptable terms. These conditions raise substantial doubt about the Company's ability to continue as a going concern. Accordingly, the Company's management has concluded that there is substantial doubt about the Company's ability to continue as a going concern within one year after the issuance date of these financial statements.”View the 10-Q filed Mar 19, 2026
Market Cap
$3.15M
Shares
7.85M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$869.46K
-82.4%
FY2025
Net Income
-$28.3M
-467.6%
FY2025
Gross Margin
95.36%
-2.5pp
FY2025
Operating Margin
-957.07%
-887.6pp
FY2025
Diluted EPS
-$20.39
+29.3%
FY2025
Operating Cash Flow
-$5.34M
-9.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $739.5K | $869.46K | $4.95M | $8.49M | $5.48M | $4.72M | $1.75M | $1.01M | $111.17K | $21.51K | $44.88K | $93.63K | $4679 | $8127 | |
| — | — | — | — | $5.48M | $4.72M | $1.75M | — | — | — | — | — | — | — | |
| $14.3K | $40.34K | $108.06K | $85.04K | $110.12K | $759.16K | $11.11K | $25.2K | $23.89K | — | — | — | — | — | |
| $725.21K | $829.12K | $4.84M | $8.41M | $5.37M | $3.96M | $1.74M | $988.41K | $87.29K | $21.51K | — | — | — | — | |
| — | 95.36% | 97.82% | 99% | 97.99% | 83.92% | 99.37% | 97.51% | 78.52% | 100% | — | — | — | — | |
| $5.06M | $5.22M | $3.43M | — | — | — | — | — | — | — | — | — | — | — | |
| $4.86M | — | $3.43M | $1.74M | $1.6M | $464.96K | $72.75K | $54.22K | $66.75K | $25.2K | $255.19K | $656K | $13.18K | $14.82K | |
| $80.91K | $35.48K | $93.86K | $96.41K | — | — | — | — | — | — | — | — | — | — | |
| $10.23M | $9.15M | $8.29M | $6.14M | $6.4M | $4.36M | $595.23K | $363.98K | $279.34K | $570.55K | $752.12K | $944.84K | $14.42K | $34.5K | |
| -$9.5M | -$8.32M | -$3.44M | $2.27M | -$1.03M | -$401.5K | $1.15M | $624.43K | -$192.05K | -$549.04K | -$707.24K | — | — | — | |
| — | -957.07% | -69.52% | 26.75% | -18.81% | -8.5% | 65.42% | 61.6% | -172.76% | -2552.74% | -1575.91% | — | — | — | |
| $83.2K | $41.29K | $45.99K | $93.84K | $126.37K | $87.33K | $18.88K | $19.41K | $69.49K | $115.3K | $113.64K | $76.77K | $18.24K | $18.87K | |
| -$18.63M | -$19.98M | -$3.88M | $1.54M | $5.08M | $2.48M | -$722.37K | -$37.81K | $323.18K | -$279.08K | -$128.64K | -$81.96K | -$18.24K | — | |
| — | — | — | — | — | — | -$527.54K | — | — | -$6000 | -$15K | -$12.5K | — | — | |
| -$28.13M | -$28.3M | -$7.33M | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | -$2.34M | $854K | $544K | $613K | -$129K | -$3745 | — | — | — | — | — | — | |
| -$28.13M | -$28.3M | -$4.99M | $2.95M | $3.5M | $1.47M | $604.85K | $582.88K | $131.13K | -$828.12K | -$835.87K | -$485.67K | -$27.99K | -$26.37K | |
| — | -3255.05% | -100.7% | 34.79% | 63.92% | 31.13% | 34.49% | 57.51% | 117.95% | -3850.29% | -1862.55% | -518.7% | -598.1% | -324.47% | |
| -$28.13M | -$28.3M | -$4.99M | $2.95M | $3.5M | $1.47M | $604.85K | $582.88K | $131.13K | -$828.12K | -$835.87K | -$485.67K | -$27.99K | -$26.37K | |
| — | — | — | — | — | — | — | — | — | — | — | — | $27.99K | $26.37K | |
| USD/shares | — | -$20.39 | -$28.83 | $44.10 | $91.70 | $82.60 | $105.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| USD/shares | — | -$20.39 | -$28.83 | $44.10 | $88.90 | $62.30 | $105.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| shares | — | 1.39M | 172.94K | 66.82K | 38.09K | 17.86K | 5746.9143 | 5298.014 | 4554.7161 | 3658.536 | 3614.5199 | 3571.4286 | 3571.4286 | 3571.4286 |
| shares | — | 1.39M | 172.94K | 66.82K | 39.26K | 23.53K | 5746.9143 | 5298.014 | 4554.7161 | 3658.536 | 3614.5199 | 3571.4286 | 3571.4286 | 3571.4286 |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Fees from Online Services | $869,460 | $1,317,535 | $933,665 | $1,602,602 | $834,981 |
| Consulting Services | — | $3,633,900 | $7,560,320 | $3,878,233 | $3,886,022 |