Netcapital Inc. (NCPL)

Nasdaq: NCPL · Finance Services · Boston, MA · filing with the SEC since 2007

Grade1.9

◀ Past 1.7● Present 2.2▶ Future 1.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in April.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020	Apr 30, 2019	Apr 30, 2018	Apr 30, 2017	Apr 30, 2016
Report filed	Aug 12, 2025	Jul 29, 2024	Jul 26, 2023	Aug 8, 2022	Aug 31, 2021	Aug 11, 2020	Aug 5, 2019	Jul 30, 2018	Sep 8, 2017	Feb 17, 2017
Revenue	869,460	4,951,435	8,493,985	5,480,835	4,721,003	1,753,558	1,013,612	111,171	21,508	44,878
Cost of revenue	40,344	108,060	85,038	110,115	759,158	11,105	25,198	23,885	·	115,864
Gross profit	829,116	4,843,375	8,408,947	5,370,720	3,961,845	1,742,453	988,414	87,286	21,508	·
Selling, general and administrative	·	3,427,026	1,740,698	1,602,031	464,955	72,747	54,222	66,752^r	25,196^r	255,192
General and administrative	5,216,053	3,427,026	·	·	·	·	·	·	·	·
Total costs and expenses	9,150,433	8,285,763	6,137,071	6,401,866	4,363,346	595,231	363,981	279,340	570,551	752,116
Operating income	-8,321,317	-3,442,388	2,271,876	-1,031,146	-401,501	1,147,222	624,433	-192,054	-549,043	-707,238
Interest expense	41,289	45,990	93,842	126,372	87,333	18,879	19,408	69,490	115,301	113,636
Other income (expense), net	1,200	1,200	51,645	·	·	·	·	·	·	-128,636
Total non-operating income (expense)	-19,980,008	-3,883,217	1,537,096	5,078,676	2,484,161	-722,371	-37,808	323,183	-279,078^r	-128,636
Income before income taxes	-28,301,325	-7,325,605	·	·	·	·	·	·	·	·
Income tax expense	·	-2,339,288	854,000	544,000	613,000^r	-129,000^r	-3,745^r	·	·	·
Income from continuing operations	·	·	·	·	·	·	·	·	·	-707,238
Net income	-28,301,325	-4,986,317	2,954,972	3,503,530	1,469,660	604,851	582,880	131,129	-828,121	-835,874
Net income to common shareholders	-28,301,325	-4,986,317	2,954,972	3,503,530	1,469,660	604,851	582,880	131,129	-828,121	-835,874
Earnings per share, basic	-20.39	-28.83^r	44.10^b	91.70^b	82.60^b	105.00^rb	0.00^b	0.00^b	0.00^b	0.00^b
Earnings per share, diluted	-20.39	-28.83^r	44.10^b	88.90^b	62.30^b	105.00^rb	0.00	0.00	0.00	0.00
Earnings per share, basic and diluted	·	·	·	·	·	0.00^b	0.00^b	0.00^b	0.00^b	0.00^b
Weighted average shares, basic	1,387,666	172,937^r	66,817^b	38,088^b	17,857^b	5,747^rb	10,596,028^b	9,109,432^b	7,317,072^b	506,032,787^r
Weighted average shares, diluted	1,387,666	172,937^r	66,821^b	39,264^b	23,533^b	5,747^b	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	·	11,493,837^b	10,596,028^b	9,109,432^b	7,317,072^b	7,229,040^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-70 reverse split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfServices

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton NCPL · research, not advice