Netcapital Inc. (NCPL)

Netcapital Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Cash & Equivalents	0.72	0.29	0.86	0.57	0.47	2.47
Cash & Short-Term Investments	0.72	0.29	0.86	0.57	0.47	2.47
Cash Growth	16.46%	-66.47%	51.58%	20.15%	-80.84%	21977.09%
Accounts Receivable	0	0.08	0.13	1.39	2.43	1.36
Other Receivables	0.01	-	0	-	0	-
Receivables	0.01	0.08	0.16	1.39	2.43	1.36
Prepaid Expenses	0.31	0.03	0.02	0.58	0.01	0.65
Total Current Assets	1.04	0.4	1.04	2.54	2.91	4.48
Long-Term Investments	5.81	5.75	25.57	23.2	13.1	6.42
Other Intangible Assets	19.15	14.7	14.73	15.88	15.54	14.8
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.01	0.01
Total Assets	26.06	20.9	41.56	41.82	31.76	25.72

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Accounts Payable	1.67	2.94	0.79	0.65	0.91	4.15
Accrued Expenses	0.37	0.37	0.4	0.38	0.45	0.42
Short-Term Debt	0.03	0.3	0.03	0.4	1.76	1.06
Current Portion of Long-Term Debt	1.89	1.89	1.89	1.89	1.89	1.89
Current Income Taxes Payable	-	-	-	0.17	-	-
Current Unearned Revenue	0	0	0	0	0	0
Other Current Liabilities	-	-	-	0.01	0.03	1.2
Total Current Liabilities	3.96	5.5	3.12	5.16	6.03	9.15
Long-Term Debt	0.49	0.5	0.5	0.5	0.5	2.39
Total Liabilities	4.46	6	3.62	5.66	6.52	11.54

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Common Stock	0.01	0	0	0.01	0	0
Additional Paid-In Capital	57	42.53	37.34	30.5	22.48	15.17
Retained Earnings	-35.41	-27.82	0.48	5.47	2.51	-0.99
Comprehensive Income & Other	-	0.2	0.12	0.18	0.24	-
Shareholders' Equity	21.6	14.91	37.94	36.16	25.24	14.18
Total Liabilities & Equity	26.06	20.9	41.56	41.82	31.76	25.72

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Total Debt	2.42	2.68	2.42	2.79	4.14	5.33
Net Cash (Debt)	-1.7	-2.39	-1.56	-2.22	-3.67	-2.85
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.44	-1.73	-9.00	-33.16	-93.45	-121.31
Filing Date Shares Outstanding	7.85	4.72	0.58	0.13	0.06	0.04
Total Common Shares Outstanding	6.85	2.19	0.33	0.09	0.04	0.03
Working Capital	-2.92	-5.1	-2.07	-2.62	-3.11	-4.67
Book Value Per Share	3.15	6.80	116.07	392.98	602.06	455.54
Tangible Book Value	2.45	0.21	23.21	20.28	9.7	-0.63
Tangible Book Value Per Share	0.36	0.09	71.00	220.43	231.43	-20.09

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jan 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 16, 2026

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