Netcapital Inc. Warrants financials
$0.0275−8.33%
Close Sep 25, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Jan 31 | Q2 '26 Oct 31 | Q1 '26 Jul 31 | Q4 '25 Apr 30 | Q3 '25 Jan 31 | Q2 '25 Oct 31 | Q1 '25 Jul 31 | Q4 '24 Apr 30 | Q3 '24 Jan 31 | Q2 '24 Oct 31 | Q1 '24 Jul 31 | Q4 '23 Apr 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.3K | $51.1K | $190.1K | $404.0K | $152.7K | $170.5K | $142.2K | $347.2K | $1.0M | $2.0M | $1.5M | $3.1M |
| Gross profit | $92.5K | $49.2K | $182.6K | $400.8K | $145.5K | $150.7K | $132.0K | $336.2K | $983.9K | $2.0M | $1.5M | $3.1M |
| Gross margin | 98.1% | 96.3% | 96.1% | 99.2% | 95.3% | 88.4% | 92.8% | 96.8% | 94.4% | 99.0% | 98.8% | 99.2% |
| Operating income | -$2.2M | -$2.1M | -$3.3M | -$21.9M | -$1.7M | -$2.2M | -$2.5M | -$2.7M | -$1.2M | $23.9K | -$777.4K | $1.3M |
| Net income | -$1.8M | -$2.1M | -$3.6M | -$20.5M | -$3.0M | -$2.2M | -$2.5M | -$2.6M | -$2.2M | $339.6K | -$491.7K | $1.0M |
| Net margin | −1921.5% | −4169.3% | −1916.3% | −5085.6% | −1969.1% | −1302.1% | −1776.9% | −750.8% | −213.6% | 16.6% | −32.3% | 32.5% |
| Diluted EPS | $-0.32 | $-0.44 | $-1.27 | $-9.37 | $-1.57 | $-2.34 | $-5.10 | $-9.10 | $-13.60 | $2.52 | $-4.61 | $11.63 |
| EBITDA | -$2.2M | -$2.1M | -$3.3M | -$1.9M | -$1.7M | -$2.2M | -$2.5M | -$1.6M | -$1.2M | $52.2K | -$749.0K | $1.4M |
| Operating cash flow | -$868.7K | -$2.6M | -$4.2M | -$724.6K | -$1.2M | -$1.5M | -$2.0M | -$1.3M | -$1.6M | -$481.8K | -$1.5M | -$1.2M |
| Free cash flow | -$868.7K | -$2.6M | -$4.2M | -$724.6K | -$1.2M | -$1.5M | -$2.0M | -$1.3M | -$1.6M | -$481.8K | -$1.5M | -$1.2M |
| Diluted shares | 5.6M | 4.8M | 2.9M | 2.2M | 1.9M | 0.9M | 0.5M | 0.3M | 0.2M | 0.1M | 0.1M | 0.1M |
Balance sheet
| Period end | Jan 31 | Oct 31 | Jul 31 | Apr 30 | Jan 31 | Oct 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $715.4K | $1.7M | $4.6M | $289.4K | $614.3K | $1.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.5M | $2.5M | $3.1M | $2.8M | $2.5M | $2.5M |
| Total assets | $26.1M | $25.4M | $28.4M | $20.9M | $39.9M | $41.9M |
| Total liabilities | $4.5M | $4.0M | $5.3M | $6.0M | $4.9M | $4.5M |
| Shareholders' equity | $21.6M | $21.4M | $23.1M | $14.9M | $35.0M | $37.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology