Netcapital INC. (NCPLW) — SEC Filings

Overview

Netcapital INC. (NCPLW) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Dec 15, 2025: Netcapital Inc. (NCPLW) reported a significant net loss of $5,771,541 for the six months ended October 31, 2025, compared to a net loss of $4,747,671 for the same period in 2024, representing a 21.57% increase in loss. Revenues declined substantially to $241,134 for the six months ended October 31,

Sentiment Summary

Across 50 filings, the sentiment breakdown is: 5 bearish, 44 neutral, 1 mixed. The dominant filing sentiment for Netcapital INC. is neutral.

Filing Type Overview

Netcapital INC. (NCPLW) has filed 5 10-Q, 28 8-K, 2 S-1/A, 3 S-1, 3 DEF 14A, 2 10-K, 3 SC 13G/A, 1 SC 13D, 2 SC 13G, 1 10-K/A with the SEC between Feb 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (50)

• Netcapital's Losses Widen Amidst Revenue Drop, Equity Infusion Boosts Cash — 10-Q · Dec 15, 2025 Risk: high
  Netcapital Inc. (NCPLW) reported a significant net loss of $5,771,541 for the six months ended October 31, 2025, compared to a net loss of $4,747,671 for the sa
• 8-K Filing — 8-K · Dec 9, 2025
• Netcapital Registers 1.88M Shares for Resale, Eyes $9.21M from Warrants — S-1/A · Oct 2, 2025 Risk: high
  Netcapital Inc. (NCPLW) filed an S-1/A on October 2, 2025, registering the resale of up to 1,879,090 shares of common stock. This includes 118,750 shares from a
• Netcapital Inc. Files 8-K: Financial Update — 8-K · Sep 22, 2025 Risk: low
  On September 22, 2025, Netcapital Inc. filed an 8-K report detailing its financial condition and results of operations. The filing includes financial statements
• Netcapital Inc. Files 8-K on Shareholder Vote Matters — 8-K · Sep 12, 2025 Risk: medium
  On September 11, 2025, Netcapital Inc. filed an 8-K report detailing a submission of matters to a vote of security holders. The filing indicates that the compan
• Netcapital Inc. Files S-1 Registration Statement — S-1 · Aug 19, 2025 Risk: medium
  Netcapital Inc. filed an S-1 registration statement with the SEC on August 19, 2025, for an unspecified offering. The company, formerly known as ValueSetters In
• Netcapital to Reincorporate to Nevada, Amends Equity Plan — DEF 14A · Aug 14, 2025 Risk: medium
  Netcapital Inc. (NCPLW) is holding its Annual Meeting of Shareholders on September 11, 2025, virtually via a listen-only conference call. Shareholders will vote
• Netcapital Inc. Files 8-K with Financial Updates — 8-K · Aug 13, 2025 Risk: low
  On August 12, 2025, Netcapital Inc. filed an 8-K report detailing its financial results and exhibits. The company, incorporated in Utah with its principal offic
• Netcapital Revenue Halves Amidst Steep Decline in Online Services — 10-K · Aug 12, 2025 Risk: high
  Netcapital Inc. reported a significant decline in revenue for the fiscal year ended April 30, 2025, with total revenue decreasing by 49.9% from $1,000,000 in th
• Netcapital Inc. Files 8-K for Equity Issuance — 8-K · Jul 17, 2025 Risk: medium
  On July 16, 2025, Netcapital Inc. entered into a material definitive agreement related to the issuance of unregistered equity securities. The filing also covers
• Netcapital Inc. Files 8-K for Equity Sale — 8-K · Jul 7, 2025 Risk: medium
  On July 2, 2025, Netcapital Inc. entered into a material definitive agreement related to the unregistered sale of equity securities. The filing also includes ot
• Netcapital Inc. Files 8-K on Agreements and Equity Sales — 8-K · Jun 30, 2025 Risk: medium
  On June 26, 2025, Netcapital Inc. filed an 8-K report detailing a material definitive agreement and unregistered sales of equity securities. The filing also inc
• Netcapital Inc. Files 8-K with Office and Former Name Details — 8-K · Jun 23, 2025 Risk: low
  On June 23, 2025, Netcapital Inc. filed an 8-K report. The filing indicates the company's principal executive offices are located at 1 Lincoln Street, Boston, M
• Netcapital Inc. Files 8-K: Agreements, Equity Sales, and Officer Changes — 8-K · Jun 12, 2025 Risk: medium
  On June 6, 2025, Netcapital Inc. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and changes
• Netcapital Inc. Reports Material Impairment — 8-K · May 5, 2025 Risk: medium
  On April 30, 2025, Netcapital Inc. reported a material impairment. The company, incorporated in Utah with its principal executive offices in Boston, Massachuset
• Netcapital Inc. Files S-1 for Securities Offering — S-1 · Apr 15, 2025 Risk: medium
  Netcapital Inc. filed an S-1 registration statement with the SEC on April 15, 2025, to register an unspecified amount of securities for sale. The company, forme
• Netcapital Inc. Files 8-K for Material Definitive Agreement — 8-K · Mar 31, 2025 Risk: medium
  On March 26, 2025, Netcapital Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Utah with
• Netcapital Inc. Files 8-K with Corporate Updates — 8-K · Mar 28, 2025 Risk: low
  Netcapital Inc. filed an 8-K on March 28, 2025, reporting events as of March 25, 2025. The filing indicates amendments to its articles of incorporation or bylaw
• Netcapital Inc. Files Q3 2025 10-Q — 10-Q · Mar 17, 2025 Risk: low
  Netcapital Inc. filed its 10-Q for the period ending January 31, 2025, reporting on its financial performance. The filing details changes in common stock, addit
• Netcapital Inc. Files 8-K on Equity Sales and Security Holder Rights — 8-K · Mar 10, 2025 Risk: medium
  On March 5, 2025, Netcapital Inc. entered into a material definitive agreement related to unregistered sales of equity securities. This filing also addresses ma
• Netcapital Inc. Files 8-K on Equity Sales and Security Holder Rights — 8-K · Jan 15, 2025 Risk: medium
  On January 9, 2025, Netcapital Inc. entered into a material definitive agreement related to unregistered sales of equity securities. The filing also notes mater
• Netcapital Inc. Files Q2 FY25 10-Q Report — 10-Q · Dec 16, 2024 Risk: medium
  Netcapital Inc. filed its 10-Q for the period ending October 31, 2024, reporting on its financial performance. The filing covers the second quarter of fiscal ye
• Netcapital Inc. Files 8-K with Financials — 8-K · Dec 12, 2024 Risk: low
  On December 12, 2024, Netcapital Inc. filed an 8-K report detailing its financial statements and exhibits. The company, incorporated in Utah with its principal
• Netcapital Inc. Files S-1/A Amendment — S-1/A · Dec 6, 2024 Risk: medium
  Netcapital Inc. filed an S-1/A amendment on December 6, 2024, for its registration statement. The company, formerly ValueSetters Inc. and ValueSetters Corp, is
• Netcapital Inc. Files 8-K for Other Events — 8-K · Nov 27, 2024 Risk: low
  On November 22, 2024, Netcapital Inc. filed an 8-K report detailing other events and financial statements. The company, incorporated in Utah, has its principal
• SC 13G/A Filing — SC 13G/A · Nov 14, 2024
• SC 13G/A Filing — SC 13G/A · Nov 14, 2024
• Netcapital Inc. Files S-1 for Securities Registration — S-1 · Oct 10, 2024 Risk: medium
  Netcapital Inc. filed an S-1 registration statement with the SEC on October 10, 2024, to register securities under the Securities Act of 1933. The company, form
• SC 13G/A Filing — SC 13G/A · Sep 27, 2024
• Netcapital Inc. Reports on Shareholder Vote Matters — 8-K · Sep 26, 2024 Risk: low
  Netcapital Inc. filed an 8-K on September 26, 2024, reporting on matters submitted to a vote of security holders as of September 25, 2024. The filing indicates
• Netcapital Inc. Files Q1 FY25 10-Q — 10-Q · Sep 16, 2024 Risk: low
  Netcapital Inc. filed its 10-Q for the period ending July 31, 2024. The company, formerly ValueSetters Inc., is based in Boston, MA, and operates in finance ser
• Netcapital Inc. Files 8-K with Material Agreement Details — 8-K · Aug 23, 2024 Risk: medium
  On August 23, 2024, Netcapital Inc. filed an 8-K report detailing a material definitive agreement. The filing also includes financial statements and exhibits re
• Netcapital Inc. Files 8-K Report — 8-K · Aug 19, 2024 Risk: low
  On August 19, 2024, Netcapital Inc. filed an 8-K report. The filing indicates that the company is providing information under "Other Events" and "Item Informati
• Resurgent Realty Files 13D on Netcapital Inc. — SC 13D · Aug 12, 2024 Risk: medium
  On August 12, 2024, Resurgent Realty, Inc., through Jon S. Wheeler, filed a Schedule 13D regarding Netcapital Inc. This filing indicates a change in beneficial
• Netcapital Inc. Files Definitive Proxy Statement — DEF 14A · Aug 12, 2024 Risk: low
  Netcapital Inc. filed a definitive proxy statement (DEF 14A) on August 12, 2024. The filing concerns the company's annual meeting and related matters. Netcapita
• Netcapital Inc. Files 8-K on Security Holder Rights — 8-K · Aug 2, 2024 Risk: medium
  On July 29, 2024, Netcapital Inc. filed an 8-K report detailing material modifications to the rights of its security holders. The filing also covers amendments
• Netcapital Inc. Files 8-K on Financials — 8-K · Jul 30, 2024 Risk: low
  On July 29, 2024, Netcapital Inc. filed an 8-K report. The filing primarily concerns the company's results of operations and financial condition, as well as fin
• Netcapital Inc. Files 2024 10-K — 10-K · Jul 29, 2024 Risk: medium
  Netcapital Inc. filed its 10-K for the fiscal year ending April 30, 2024, reporting on its financial performance and business operations. The company, formerly
• Netcapital Inc. Faces Delisting Concerns — 8-K · Jul 24, 2024 Risk: high
  Netcapital Inc. filed an 8-K on July 23, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known as Va
• SC 13G Filing — SC 13G · Jul 19, 2024
• Netcapital Inc. Files Definitive Proxy Statement — DEF 14A · Jun 7, 2024 Risk: low
  Netcapital Inc. filed a definitive proxy statement (DEF 14A) on June 7, 2024, for its fiscal year ending April 30, 2024. The company, formerly known as ValueSet
• Netcapital Inc. Files 8-K for Equity Sales and Security Holder Rights — 8-K · May 29, 2024 Risk: medium
  Netcapital Inc. entered into a material definitive agreement on May 24, 2024, related to the unregistered sale of equity securities. The filing also addresses m
• Netcapital Inc. Files 8-K with Financials — 8-K · May 28, 2024 Risk: low
  Netcapital Inc. filed an 8-K on May 28, 2024, reporting an event on May 24, 2024. The filing primarily concerns financial statements and exhibits, with no speci
• Netcapital Inc. Files 8-K on Equity Securities Transaction — 8-K · Apr 25, 2024 Risk: medium
  On April 24, 2024, Netcapital Inc. entered into a material definitive agreement related to the unregistered sale of equity securities. The filing does not speci
• Netcapital Inc. Files 8-K for Financial Results — 8-K · Mar 19, 2024 Risk: low
  On March 18, 2024, Netcapital Inc. filed an 8-K report detailing its financial results and condition. The filing includes financial statements and exhibits rela
• Netcapital Inc. Files 10-Q for Period Ending January 31, 2024 — 10-Q · Mar 18, 2024 Risk: low
  Netcapital Inc. (NCPLW) filed a Quarterly Report (10-Q) with the SEC on March 18, 2024. Netcapital Inc. filed a 10-Q report for the period ending January 31, 20
• Netcapital Inc. Files Amendment to Annual Report — 10-K/A · Mar 5, 2024 Risk: low
  Netcapital Inc. (NCPLW) filed a Amended Annual Report (10-K/A) with the SEC on March 5, 2024. Netcapital Inc. filed an amendment (10-K/A) to its annual report f
• Netcapital Inc. Faces Delisting Threat, Announces Listing Transfer — 8-K · Feb 29, 2024 Risk: high
  Netcapital Inc. (NCPL) filed an 8-K on February 29, 2024, reporting a Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard. This indic
• Netcapital Inc. Files 8-K on Security Holder Vote Matters — 8-K · Feb 23, 2024 Risk: low
  Netcapital Inc. filed an 8-K on February 23, 2024, to report the submission of matters to a vote of security holders. The filing indicates the company's common
• SC 13G Filing — SC 13G · Feb 14, 2024

Risk Profile

Risk Assessment: Of NCPLW's 44 recent filings, 5 were flagged as high-risk, 21 as medium-risk, and 18 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Netcapital INC.'s most recent 10-Q filing (Dec 15, 2025):

• Revenue: $241,134
• Net Income: -$5,771,541
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: $1,684,188
• Operating Margin: N/A
• Total Assets: $25,439,398
• Total Debt: N/A

Key Executives

• Chief Executive Officer
• Coreen Kraysler
• Richard Friedman, Esq.
• Martin Kay
• Jon S. Wheeler

Industry Context

Netcapital Inc. operates in the fintech services sector, a dynamic and competitive landscape. The industry is characterized by rapid technological advancements, evolving regulatory frameworks, and increasing demand for digital financial solutions. Companies in this space often focus on areas like crowdfunding, digital payments, and investment platforms, facing competition from both established financial institutions and agile startups.

Top Tags

corporate-governance (6) · equity-sale (5) · 8-k (4) · material-agreement (4) · 10-Q (4) · SEC Filing (3) · s-1 (3) · definitive-agreement (3) · financials (3) · quarterly-report (3)

Key Numbers

• Net loss for six months ended Oct 31, 2025: $5,771,541 — Increased from $4,747,671 in prior year, a 21.57% increase
• Revenues for six months ended Oct 31, 2025: $241,134 — Decreased from $312,755 in prior year, a 22.9% decrease
• Cash and cash equivalents as of Oct 31, 2025: $1,684,188 — Increased from $289,428 on April 30, 2025
• Proceeds from sale of common stock: $8,507,171 — Key financing activity for six months ended Oct 31, 2025
• Payroll and payroll related expenses for six months ended Oct 31, 2025: $2,649,883 — Increased from $1,886,294 in prior year, a 40.48% increase
• Common stock issued for perpetual Horizon software license: $2,840,000 — Significant non-cash financing activity
• Reverse stock split ratio: 1-for-70 — Effective August 1, 2024
• Shares of common stock outstanding: 6,867,899 — As of December 15, 2025
• Total assets as of Oct 31, 2025: $25,439,398 — Increased from $20,901,491 on April 30, 2025
• Net cash used in operating activities: $6,792,561 — For six months ended Oct 31, 2025, increased from $3,451,087 in prior year
• Total Shares Registered for Resale: 1,879,090 — Includes 118,750 June 2025 Shares and 1,760,340 Warrant Shares
• Potential Gross Proceeds from Warrant Exercise: $9.21M — If all 1,760,340 warrants are exercised for cash
• NCPL Stock Price: $2.40 — Last reported sale price on Nasdaq Capital Market as of September 30, 2025
• Lowest Warrant Exercise Price: $2.03 — For A-7 and A-8 Inducement Warrants
• Highest Warrant Exercise Price: $8.75 — For July 2025 Placement Agent Warrants #1

Related Companies

NCPL · NCAP

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