Netcapital Inc. (NCPLW) balance sheet

NCPLWNasdaqFinance ServicesFiscal year ends April 30Also trades as NCPL

Financials through Q3 FY2026, quarter ended Jan 31, 2026Last filing: 10-Q on Mar 19, 2026Score 4/30

$0.04+0.01 (+17.81%)

Close on Oct 30, 2026Market cap $12.48MP/E –Yield –

Netcapital Inc. balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30	FY 2021 2021-04-30	FY 2020 2020-04-30	FY 2019 2019-04-30	FY 2018 2018-04-30	FY 2017 2017-04-30	FY 2016 2016-04-30	FY 2015 2015-04-30	FY 2014 2014-04-30	FY 2013 2013-04-30	FY 2012 2012-04-30
Cash & Equivalents	0.29	0.86	0.57	0.47	2.47	0.01	0.02	0.00	0.02	0.00	0.01	0.00	0.00	0.00
Cash & Short-Term Investments	0.29	0.86	0.57	0.47	2.47	0.01	0.02	0.00	0.02	0.00	0.01	0.00	0.00	0.00
Receivables	0.08	0.13	1.39	2.43	1.36	–	0.01	0.01	–	–	–	–	–	–
Prepaid Expenses & Other	0.03	0.02	0.58	0.01	0.65	0.47	0.03	0.04	0.02	0.15	0.20	–	–	–
Other Current Assets	–	–	–	–	–	–	–	–	–	0.00	0.00	–	–	–
Total Current Assets	0.40	1.04	2.54	2.91	4.48	0.48	0.07	0.04	0.02	0.16	0.22	0.00	0.00	–
Property, Plant & Equipment	–	–	–	–	–	–	–	–	–	0.54	0.92	–	–	–
Intangible Assets	15	15	16	16	15	–	–	–	–	–	–	–	–	–
Deferred Tax Assets	–	–	0.46	–	–	0.18	–	–	–	–	–	–	–	–
Total Assets	21	42	42	32	26	2.21	0.72	0.10	0.02	0.70	1.31	0.00	0.00	–
Accounts Payable	2.94	0.79	–	–	–	–	–	–	–	–	–	–	–	–
Accrued Expenses	0.27	0.31	0.29	0.23	0.31	0.15	0.13	0.14	0.43	0.33	0.23	0.02	0.02	–
Short-Term Debt	1.89	1.89	1.89	–	–	–	–	–	–	–	–	–	–	–
Current Portion of Long-Term Debt	2.18	1.92	2.29	2.29	2.94	–	–	–	0.53	–	–	–	–	–
Current Debt	2.68	2.42	2.79	2.79	5.33	1.06	1.12	1.14	1.83	1.83	1.83	0.51	0.48	–
Current Income Taxes Payable	–	–	0.17	–	–	–	–	–	–	–	–	–	–	–
Deferred Revenue (Current)	0.00	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Liabilities	5.50	3.12	5.16	6.03	9.15	1.53	0.58	0.58	2.61	0.76	0.56	0.29	0.69	–
Deferred Tax Liabilities	–	–	–	–	0.43	–	–	–	–	–	–	–	–	–
Total Liabilities	6.00	3.62	5.66	6.55	12	1.53	1.58	1.58	2.61	2.49	2.26	0.71	0.69	–
Total Debt	2.68	2.42	2.79	2.79	5.33	1.06	1.12	1.14	1.83	1.83	1.83	0.51	0.48	–
Common Stock	0.00	0.00	0.01	0.00	0.00	0.00	0.75	0.73	0.53	0.51	0.50	0.50	0.50	–
Additional Paid-In Capital	43	37	31	22	15	3.14	1.45	1.43	0.66	0.66	0.67	0.42	0.42	–
Retained Earnings	-28	0.48	5.47	2.51	-0.99	-2.46	-3.07	-3.65	-3.78	-2.95	-2.12	-1.63	-1.60	–
Shareholders' Equity	15	38	36	25	14	0.68	-0.87	-1.48	-2.59	-1.78	-0.95	-0.71	-0.68	-0.66
Total Equity	15	38	36	25	14	0.68	-0.87	-1.48	-2.59	-1.78	-0.95	-0.71	-0.68	-0.66
Total Liabilities & Equity	21	42	42	32	26	2.21	0.72	0.10	0.02	0.70	1.31	0.00	0.00	–
Shares Outstanding(shares)	2.19	0.33	0.09	0.04	0.04	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jan 31, 2026

Profitability, TTM

Gross margin: 98.1%
Operating margin: -1285.0%
Net margin: -3804.1%
Return on equity, FY2025: -107.1%

Financial strength

Current ratio: 0.26
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 18.0%

Valuation

P/E ratio: –
Price to sales: 16.87
Price to book: 0.58
Dividend yield: –