Netcapital Inc.
For the period ended Apr 30, 2025. Filed Aug 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 12, 2025
NCPL$1.82+44.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended | Year Ended | |
|---|---|---|
| April 30, 2025 | April 30, 2024 | |
| Revenues | $869,460 | $4,951,435 |
| Costs of services | 40,344 | 108,060 |
| Gross profit | 829,116 | 4,843,375 |
| Costs and expenses: | ||
| Consulting expense | 314,947 | 610,209 |
| Marketing | 37,699 | 333,771 |
| Rent | 79,568 | 76,117 |
| Payroll and payroll related expenses | 3,502,166 | 3,838,640 |
| General and administrative costs | 5,216,053 | 3,427,026 |
| Total costs and expenses | 9,150,433 | 8,285,763 |
| Operating loss | (8,321,317) | (3,442,388) |
| Other income (expense): | ||
| Interest expense | (41,289) | (45,990) |
| Amortization of intangible assets | (35,476) | (93,862) |
| Impairment expense | (19,915,556) | (1,048,430) |
| Other income | 1,200 | 1,200 |
| Unrealized gain (loss) on equity securities | 18,050 | (2,696,135) |
| Accretion on short-term notes | (6,937) | - |
| Total other income (expense) | (19,980,008) | (3,883,217) |
| Net loss before taxes | (28,301,325) | (7,325,605) |
| Income tax expense (benefit) | - | (2,339,288) |
| Net loss | $(28,301,325) | $(4,986,317) |
| Basic loss per share | $(20.39) | $(28.83) |
| Diluted loss per share | $(20.39) | $(28.83) |
| Weighted average number of common shares outstanding: | ||
| Basic | 1,387,666 | 172,937 |
| Diluted | 1,387,666 | 172,937 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.