Netcapital Inc.
The research page contains a warning that has not been mapped to a supported model interpretation. The company research remains available, but the complete score is withheld until the warning is reviewed.
NCPL · Price history
Price at last available close
$1.67
+$0.45 (+36.89%) 1M
2026-10-29
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Company & revenue
About Netcapital Inc.
Primary reporting period: 2025-04-30 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Netcapital Inc. is a financial technology firm primarily known for its SEC-registered funding platform, Netcapital. com. This online portal facilitates capital raising for private enterprises while simultaneously providing a global investment avenue for individuals.
How they make money
Netcapital Inc. operates a digital private capital markets ecosystem that generates revenue primarily through its funding portal. The company charges private companies a $5,000 listing fee, a 4.9% portal fee on capital raised at closing, and a 1% success fee paid in equity, while also providing ancillary services such as rolling closes.
Products & services
Online funding portal for private company capital raises, broker-dealer services for Regulation A offerings, and strategic consulting services.
Brands & revenue mix
Primary brand for the company's funding portal and digital ecosystem.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Period ended 2025-04-30Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
The company does not disclose specific customer concentration figures in its 2025 annual report.
Suppliers, materials & equipment
- Technology and cloud service providers — The company relies on third-party technology infrastructure and cloud hosting services to operate its online funding portal.Source
Strengths
Company-specific research
Questions worth answering for NCPL
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving NCPL's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •How long can NCPL fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is NCPL's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What specifically needs to improve for NCPL to reach sustainable profitability?
- •What future growth or profitability would be needed to justify NCPL's current valuation?
Essential Investment Snapshot
Market Cap
$13.2M
P/E Ratio
-0.1
EPS
$-11.40
52-Week High
$2.57
52-Week Low
$0.21
Beta
1.62
Shares Outstanding
7.8M
Total Debt
$2.4M
Dividend
No current dividend
Liquidation Value / Share
$2.75
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Extreme movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for NCPL
Detected from reported data — verify before acting.Elevated debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative
M&A headline · Oct 19, 2026
Shareholders who lost money in shares of acquired Netcapital Inc. (NASDAQ: NCPL) should contact Wolf Haldenstein Immediately — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
GlobeNewsWireCommunity Sentiment
0 active · 0 total callsNo personal call yet on NCPL.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Scalable digital technology platform for private capital markets.
- +Integrated broker-dealer capabilities.
Potential downside factors
- −Debt risk (elevated): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Free cash flow is negative.
- −Dependence on the success of private company offerings and market conditions.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailableCurrent Price
$1.68
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Large reported revenue change: -82.4%
Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $740K | $869K | $5.0M | $8.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $14K | $40K | $108K | $85K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $725K | $829K | $4.8M | $8.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $2.9M | $5.3M | $8.3M | $6.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $10.2M | $9.1M | $8.3M | $6.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$27.6M | -$28.2M | -$7.2M | $4.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$9.6M | -$8.3M | -$3.4M | $2.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $66K | $48K | $46K | $94K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$28.1M | -$28.3M | -$7.3M | $3.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $0.00 | $0.00 | -$2.3M | $854K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$28.1M | -$28.3M | -$5.0M | $3.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-13.41 | $-20.39 | $-28.70 | $44.10 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 5.61M | 1.39M | 173K | 4.68M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 5.61M | 1.39M | 173K | 4.68M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$94347
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.32
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
No material change
Cash Change
+16.5%
Margin Change
+47.7 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
Potential Score Impact
Positive indicators included cash levels, net income margin. Pressure indicators included revenue growth, EPS growth, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 38.2%. EPS declined 79.6%. Cash increased 16.5%. Total debt was essentially unchanged. Net income margin improved by 47.7 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
4 historical recordsHistorical Score Chart
3 of 4 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Financial - Capital MarketsNews
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Netcapital Inc. of Class Action Lawsuit and Upcoming Deadlines - NCPL
ROSEN, LEADING INVESTOR COUNSEL, Encourages Netcapital Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - NCPL
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Netcapital Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - NCPL
NCPL Investors Have Opportunity to Lead Netcapital Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Rumor Mill · NCPL
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
Related Stock Research
Continue researching this company with related Wall Street Score rankings and investing guides.
Score Alerts
Premium unlocks alerts when a score rises, falls, or reaches your target price.
Start 7-Day Free TrialPortfolio Score
Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.
Start 7-Day Free Trial