NCPL · XBRL financial data

Netcapital financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NCPL's year ends in late April)

In thousands of dollars	Q4 FY23Apr 30, 2023	Q1 FY24Jul 31, 2023	Q2 FY24Oct 31, 2023	Q3 FY24Jan 31, 2024	Q4 FY24†Apr 30, 2024	Q1 FY25†Jul 31, 2024	Q2 FY25Oct 31, 2024	Q3 FY25Jan 31, 2025	Q4 FY25Apr 30, 2025	Q1 FY26Jul 31, 2025	Q2 FY26Oct 31, 2025	Q3 FY26Jan 31, 2026
Revenue	3,114*	1,520	2,042	1,043	347*	142	171	153	404*	190	51	94
Revenue from contracts with customers	3,114*	1,520	2,042	1,043	347*	142	171	153	404*	190	51	94
Cost of revenue	23*	18	20	59	11*	10	20	7	3*	7	2	2
Gross profit	3,091*	1,502	2,022	984	336*	132	151	146	401*	183	49	93
Selling, general and administrative	499*	788	649	1,092	898*	1,380	1,492	—	—	—	—	—
General and administrative	—	—	—	1,092	898*	1,380	1,504	922	1,422*	1,569	1,202	875
Operating income (loss)	1,359*	(749)	52	(1,205)	(1,540)*	(2,508)	(2,202)	(1,688)	(1,923)*	(3,286)	(2,119)	(2,174)
Interest expense	17*	13	11	12	10*	10	10	10	11*	36	12	24
Other income (expense)	year only	—	—	—	year only	0	—	—	year only	—	—	—
Income tax expense (benefit)	355*	(299)	(326)	(1,714)	0*	—	—	—	—	—	—	—
Net income (loss)	1,011	(492)	340	(2,228)	(2,607)	(2,527)	(2,221)	(3,007)	(20,547)*	(3,642)	(2,129)	(1,813)
Earnings per share, basic USD per share	—	(0.07)	0.04	(0.19)	—	(5.10)	(2.34)	(1.57)	—	(1.27)	(0.44)	(0.32)
Earnings per share, diluted USD per share	—	(0.07)	0.04	(0.19)	—	(5.10)	(2.34)	(1.57)	—	(1.27)	(0.44)	(0.32)
Weighted average shares, basic thousands of shares	—	7,471	9,435	11,467	—	495	947	1,915	—	2,873	4,810	5,612
Weighted average shares, diluted thousands of shares	—	7,471	9,436	11,467	—	495	947	1,915	—	2,873	4,810	5,612

† Share count changed about 2x in the period ending 2024-04-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/52 in the period ending 2024-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (NCPL's year ends in late April)

In thousands of dollars	Q4 FY23Apr 30, 2023	Q1 FY24Jul 31, 2023	Q2 FY24Oct 31, 2023	Q3 FY24Jan 31, 2024	Q4 FY24†Apr 30, 2024	Q1 FY25†Jul 31, 2024	Q2 FY25Oct 31, 2024	Q3 FY25Jan 31, 2025	Q4 FY25Apr 30, 2025	Q1 FY26Jul 31, 2025	Q2 FY26Oct 31, 2025	Q3 FY26Jan 31, 2026
Cash and cash equivalents	569	1,031	529	2,172	863	855	1,347	614	289	4,562	1,684	715
Accounts receivable	1,389	1,355	2,900	3,702	135	—	17	—	79	20	12	1
Total current assets	2,541	2,830	3,920	6,052	1,043	925	1,416	673	400	4,992	2,007	1,042
Total assets	41,820	43,434	44,679	44,135	41,557	41,441	41,938	39,901	20,901	28,432	25,439	26,060
Accounts payable	—	—	—	—	793	1,180	1,816	2,161	2,941	1,935	1,277	1,667
Accrued liabilities	285	243	416	395	310	237	199	251	270	235	200	262
Current portion of long-term debt	2,285	1,935	1,935	1,935	1,920	1,920	1,920	1,920	2,184	2,520	1,924	1,928
Total current liabilities	5,164	4,469	5,052	3,333	3,117	3,433	4,032	4,430	5,496	4,805	3,507	3,965
Total liabilities	5,664	4,969	5,552	3,833	3,617	3,933	4,532	4,930	5,996	5,305	4,003	4,457
Retained earnings (accumulated deficit)	5,466	4,974	5,314	3,086	480	(2,048)	(4,268)	(7,275)	(27,822)	(31,464)	(33,593)	(35,406)
Total stockholders' equity	36,156	38,465	39,128	40,303	37,941	37,508	37,406	34,970	14,906	23,127	21,437	21,603
Total liabilities and equity	41,820	43,434	44,679	44,135	41,557	41,441	41,938	39,901	20,901	28,432	25,439	26,060
Common shares outstanding (cover page) thousands of shares	9,415	9,434	9,459	20,011	40,541	775	1,841	2,192	4,720	4,918	6,868	7,848

† Share count changed about 2x in the period ending 2024-04-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/52 in the period ending 2024-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (NCPL's year ends in late April)

In thousands of dollars	Q4 FY23Apr 30, 2023	Q1 FY24Jul 31, 2023	Q2 FY24Oct 31, 2023	Q3 FY24Jan 31, 2024	Q4 FY24†Apr 30, 2024	Q1 FY25†Jul 31, 2024	Q2 FY25Oct 31, 2024	Q3 FY25Jan 31, 2025	Q4 FY25Apr 30, 2025	Q1 FY26Jul 31, 2025	Q2 FY26Oct 31, 2025	Q3 FY26Jan 31, 2026
Net income (loss)	1,011	(492)	340	(2,228)	(2,607)	(2,527)	(2,221)	(3,007)	(20,547)*	(3,642)	(2,129)	(1,813)
Stock-based compensation	141*	483	281	281	281*	139	139	139	339*	516	139	369
Net cash from operating activities	(1,202)*	(1,464)	(482)*	(1,620)*	(1,314)*	(1,964)	(1,487)*	(1,164)*	(725)*	(4,214)	(2,578)*	(869)*
Net cash from investing activities	0*	—	—	0*	0*	—	—	—	—	—	—	—
Proceeds from issuing common stock	year only	2,275	0*	3,263*	0*	—	—	0*	0*	8,507	0*	0*
Proceeds from issuing equity	0*	2,275	0*	3,263*	—	—	—	—	—	—	—	—
Net cash from financing activities	0*	1,925	0*	3,263*	5*	1,956	1,979*	431*	400*	8,487	(300)*	0*

† Share count changed about 2x in the period ending 2024-04-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/52 in the period ending 2024-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Netcapital	715	94	(869)*	7.8M	0.8 quarters	Q3 FY26 10-QJan 31, 2026
TAO Synergies	2,368	89	(875)*	7.5M	2.7 quarters	Q2 FY26 10-QJun 30, 2026
Empery Digital	3,590	80	(6,897)*	28.1M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
StableCoinX	18,856	62	not reported	not reported	—	Q2 FY26 10-QJun 30, 2026
House of Doge	662	38	(1,581)	84.9M	0.4 quarters	Q1 FY26 10-QJun 30, 2026
Silvia	15,338	37	(11,255)*	88.4M	1.4 quarters	Q2 FY26 10-QJun 30, 2026
FG Nexus	24,923	242	(4,543)*	5.1M	5.5 quarters	Q2 FY26 10-QJun 30, 2026
Global-Smart.Tech	0.5	27	(7.7)	3.1M	0.1 quarters	Q1 FY27 10-QAug 31, 2026
Hyperion Defi	9,637	358	(2,897)*	15.5M	3.3 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.