Netcapital Inc. (NCPL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1 LINCOLN STREET BOSTON, MA 02111 |
| State of Incorp. | UT |
| Fiscal Year End | April 30 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2024 MRQ | 4/30/2024 | 1/31/2024 MRQ | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 863 | 2,172 | 569 | 474 | 2,474 | 11 | |||
| Cash and cash equivalents | 863 | 2,172 | 569 | 474 | 2,474 | 11 | |||
| Receivables | 156 | 3,722 | 1,389 | 2,435 | 1,357 | ||||
| Prepaid expense | 23 | 158 | 583 | 6 | 654 | 466 | |||
| Other undisclosed current assets | 180 | ||||||||
| Total current assets: | 1,043 | 6,052 | 2,541 | 2,914 | 4,485 | 657 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 25,573 | 22,085 | 202 | ||||||
| Due from related parties | ✕ | ✕ | ✕ | 202 | |||||
| Long-term investments | 25,573 | 22,085 | |||||||
| Intangible assets, net (including goodwill) | 14,733 | 15,790 | 31,847 | 15,537 | |||||
| Intangible assets, net (excluding goodwill) | 14,733 | 15,790 | 31,847 | 15,537 | |||||
| Prepaid expense | 143 | ||||||||
| Other undisclosed noncurrent assets | 208 | 208 | 7,432 | 13,108 | 21,231 | 1,413 | |||
| Total noncurrent assets: | 40,515 | 38,083 | 39,279 | 28,846 | 21,231 | 1,557 | |||
| TOTAL ASSETS: | 41,557 | 44,135 | 41,820 | 31,761 | 25,716 | 2,213 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,104 | 1,224 | 863 | 989 | 731 | 460 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 222 | 116 | 31 | ||
| Accounts payable | 793 | 829 | 578 | 537 | 309 | 279 | |||
| Accrued liabilities | 310 | 395 | 285 | 230 | 306 | 150 | |||
| Debt | 2,785 | 4,143 | 5,329 | 1,057 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 23 | 23 | 15 | |||
| Other undisclosed current liabilities | 2,013 | 2,109 | 1,515 | 873 | 3,069 | 2 | |||
| Total current liabilities: | 3,117 | 3,333 | 5,164 | 6,028 | 9,152 | 1,534 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 29 | ||||||||
| Accounts payable and accrued liabilities | 29 | ||||||||
| Other undisclosed noncurrent liabilities | 500 | 500 | 500 | 495 | 2,357 | ||||
| Total noncurrent liabilities: | 500 | 500 | 500 | 495 | 2,386 | ||||
| Total liabilities: | 3,617 | 3,833 | 5,664 | 6,523 | 11,537 | 1,534 | |||
| Temporary equity, carrying amount | 2,202 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 37,941 | 40,303 | 36,156 | 25,238 | 14,179 | 679 | |||
| Common stock | 23 | 17 | 6 | 3 | 2 | 831 | |||
| Common stock, value, subscriptions | 10 | ||||||||
| Additional paid in capital | 37,316 | 37,077 | 30,501 | 22,480 | 15,169 | 2,310 | |||
| Retained earnings (accumulated deficit) | 480 | 3,086 | 5,466 | 2,511 | (993) | (2,462) | |||
| Other undisclosed equity, attributable to parent | 112 | 122 | 183 | 244 | |||||
| Other undisclosed equity | (2,202) | ||||||||
| Total equity: | 37,941 | 40,303 | 33,954 | 25,238 | 14,179 | 679 | |||
| TOTAL LIABILITIES AND EQUITY: | 41,557 | 44,135 | 41,820 | 31,761 | 25,716 | 2,213 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2024 TTM | 4/30/2024 | 1/31/2024 TTM | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,951 | 7,718 | 8,494 | 5,481 | 4,721 | 1,754 | ||
| Other operating income | 1,537 | |||||||
| Cost of revenue | (108) | (120) | (85) | (110) | (759) | (11) | ||
| Other undisclosed gross profit | (0) | |||||||
| Gross profit: | 4,843 | 7,598 | 8,409 | 5,371 | 3,962 | 1,742 | ||
| Operating expenses | (3,427) | (3,029) | (1,741) | (1,602) | (465) | (73) | ||
| Other undisclosed operating loss | (4,859) | (5,112) | (4,396) | (4,800) | (3,898) | (522) | ||
| Operating income (loss): | (3,442) | (542) | 2,272 | (1,031) | (402) | 1,147 | ||
| Nonoperating income (expense) | (3,883) | (2,775) | 5,079 | 2,484 | (722) | |||
| Investment income, nonoperating | (528) | |||||||
| Interest and debt expense | (53) | (94) | (126) | (87) | 528 | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,531) | |||||||
| Income (loss) from continuing operations before income taxes: | (7,326) | (4,901) | 2,178 | 3,921 | 1,995 | 952 | ||
| Income tax expense (benefit) | 2,339 | 2,838 | (544) | 613 | (180) | |||
| Income (loss) from continuing operations: | (4,986) | (2,063) | 2,178 | 3,377 | 2,608 | 772 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 3,377 | 2,608 | 772 | |
| Other undisclosed net income (loss) | (18) | |||||||
| Net income (loss): | (4,986) | (2,081) | 2,178 | 3,377 | 2,608 | 772 | ||
| Other undisclosed net income (loss) attributable to parent | 712 | 777 | 126 | (1,139) | (168) | |||
| Net income (loss) available to common stockholders, basic: | (4,986) | (1,369) | 2,955 | 3,504 | 1,470 | 605 | ||
| Dilutive securities, effect on basic earnings per share | 0 | 0 | 82 | 397 | ||||
| Net income (loss) available to common stockholders, diluted: | (4,986) | (1,368) | 2,955 | 3,586 | 1,867 | 605 | ||
Comprehensive Income ($ in thousands)
| 7/31/2024 TTM | 4/30/2024 | 1/31/2024 TTM | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (4,986) | (2,081) | 2,178 | 3,377 | 2,608 | 772 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,986) | (2,081) | 2,178 | 3,377 | 2,608 | 772 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.