Netcapital Inc.
NCPL Nasdaq· Finance Services
Last close · Oct 23, 2026
$1.33
KIRA · Stoqly’s AI analyst, in plain words
- Netcapital Inc. had $0.9M of revenue in fiscal 2025, down 82.4% on the year before. Over five years, revenue changed −13.1% a year on average.
- Its operating margin was −957.0%, down 887.5 pts: of every 100 in sales, about −957 is left after running the business.
- Netcapital Inc. lost $28.3M in fiscal 2025.
- Netcapital Inc. owes $2.1M more than it holds in cash.
Market cap
$7.5M
P/E
—
Revenue
$0.9M
Net income
−$28.3M
Free cash flow
—
Operating margin
−957.0%
Netcapital Inc. in 30 seconds · fiscal 2025
Are sales growing?
−82.4%
No. Sales fell 82.4% last year.
Does it make a profit?
−3,254.9%
No. It lost money last year.
How healthy are the accounts?
1 / 9
Weak. It passes 1 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Netcapital Inc. does
No business description yet.
- Fiscal year ends
- April 30, 2025
- Latest annual report
- 10-K · Aug 12, 2025
- Legal name
- Netcapital Inc.
- CIK
- 0001414767
Netcapital Inc. · NCPL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $4.7M | $5.5M | $8.5M | $5.0M | $0.9M |
| Revenue growth | 169.2% | 16.1% | 55.0% | −41.7% | −82.4% |
| Gross margin | 83.9% | 98.0% | 99.0% | 97.8% | 95.4% |
| Operating margin | −8.5% | −18.8% | 26.7% | −69.5% | −957.0% |
| Net income | $1.5M | $3.5M | $3.0M | −$5.0M | −$28.3M |
| Net margin | 31.1% | 63.9% | 34.8% | −100.7% | −3,254.9% |
| Diluted EPS | $0.89 | $1.27 | $0.63 | −$28.83 | −$20.39 |
| Cash | |||||
| Cash from operations | −$3.3M | −$3.0M | −$4.6M | −$4.9M | −$5.3M |
| Share count change | 309.5% | 66.8% | 70.2% | −96.3% | 702.6% |
| Debt and strength | |||||
| Cash and short-term investments | $2.5M | $0.5M | $0.6M | $0.9M | $0.3M |
| Debt incl. finance leases | $7.7M | $3.3M | $2.4M | $2.4M | $2.4M |
| Shareholders' equity | $14.2M | $25.2M | $36.2M | $37.9M | $14.9M |
| Current ratio | 0.5x | 0.5x | 0.5x | 0.3x | 0.1x |
| Interest coverage | −4.6x | −8.2x | 24.2x | −74.8x | −201.5x |
| Returns and quality | |||||
| Return on capital | −1.5% | −3.2% | 4.6% | −6.9% | −38.7% |
| Return on equity | 19.8% | 17.8% | 9.6% | −13.5% | −107.1% |
| Return on tangible equity | — | 36.1% | 14.6% | −21.5% | −13,593.3% |
| Piotroski F-score | 3 | 4 | 5 | 2 | 1 |
| Altman Z'' | −0.1 | 3.4 | 7.1 | 10.2 | −6.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Netcapital Inc. · NCPL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.33 a share, the company is worth $7.5M.
Source: SEC EDGAR XBRL filings (CIK 0001414767). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.