Netcapital Inc (NAS:NCPL)
$ 0.42 -0.011 (-2.53%) Market Cap: 3.30 Mil Enterprise Value: 5.00 Mil PE Ratio: 0 PB Ratio: 0.13 GF Score: 34/100

Q3 2025 Netcapital Inc Earnings Call Transcript

Mar 19, 2025 / 02:00 PM GMT
Release Date Price: $1.86 (+0.54%)

Key Points

Positve
  • Netcapital Inc (NCPL) successfully established its broker dealer subsidiary, Netcapital Securities Inc, following FINRA approval.
  • The company is now positioned to handle private placements of securities and support companies raising equity capital under Reg A and Reg D.
  • Netcapital Securities Inc has already engaged with Algernon Neuroscience Inc for a planned Reg A offering.
  • The shift in focus towards establishing a broker dealer subsidiary is seen as a strategic move to diversify revenue sources.
  • Management remains cautiously optimistic about future prospects despite current market uncertainties.
Negative
  • Revenues for the third quarter of fiscal 2025 decreased by approximately 85% compared to the same period in the previous year.
  • The company reported an operating loss of $1,687,692 for the third quarter of fiscal 2025, an increase from the previous year's loss.
  • Netcapital Inc (NCPL) reported a net loss of approximately $3 million for the third quarter, up from $2.2 million in the prior year.
  • The third quarter results included an impairment charge of $1.3 million for one of the portfolio companies.
  • The decline in revenue was attributed to the lack of consulting service revenue for equity securities in Q3 2025.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NCPL.OQ - Netcapital Inc
Q3 2025 Netcapital Inc Earnings Call
Mar 19, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the Net Capital Inc. 3rd quarter fiscal 2025 conference call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation.

Should you wish to join the queue at any time to ask a question, you may press 1 on your telephone keypad. Should you wish to remove yourself from cue, you may press 2.

It's now my pleasure to turn the floor over to your host.

Corine Kreisler, CFO of Net Capital Inc. Corinne, the floor is yours.

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Unidentified_2 [2]
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