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Netcapital Announces 1-for-70 Reverse Stock Split
GlobeNewswire News Room· 2024-07-30 20:30
The Reverse Stock Split was approved by the Company's shareholders at the Company's Special Meeting of Shareholders, held on July 24, 2024, with the final ratio to be determined by the Board. The Company has filed an amendment to its Articles of Incorporation (the "Charter") to implement the Reverse Stock Split as of the Effective Time. The primary goal of the Reverse Stock Split is to increase the per share market price of the Common Stock to regain compliance with the minimum $1.00 per share bid price req ...
Netcapital (NCPL) - 2024 Q4 - Earnings Call Transcript
2024-07-30 16:32
Company Participants Chris Sakai - Singular Research Good morning, everyone, and welcome to the Netcapital Inc. Quarterly Earnings Call. [Operator Instructions] Coreen Kraysler I will begin with a review of our financial results. Following that, Netcapital's CEO, Martin Kay, will follow with his prepared remarks before we open the call up for questions. We strive to provide more than $1 million worth of consulting services to this type of client. And the average fee that we earned per client in fiscal 2024 ...
Netcapital (NCPL) - 2024 Q4 - Annual Results
2024-07-29 21:35
Exhibit 99.1 Netcapital Announces Full Year Fiscal 2024 Financial Results ● Management to Host Earnings Call on July 30, 2024 at 11 a.m. ET BOSTON, MA – July 29, 2024 – Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the "Company"), a digital private capital markets ecosystem, today announced select financial results for the full fiscal year 2024 ended April 30, 2024. "We saw significant growth in key areas despite a challenging economic environment," said Martin Kay, CEO of Netcapital Inc. "While there were decreas ...
Netcapital Announces Full Year Fiscal 2024 Financial Results
Newsfilter· 2024-07-29 21:30
"We saw significant growth in key areas despite a challenging economic environment," said Martin Kay, CEO of Netcapital Inc. "While there were decreases in both top and bottom line, we remain optimistic about the future, particularly with portal fees increasing over 100% during the year." Conference Call Information BOSTON, MA, July 29, 2024 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the "Company"), a digital private capital markets ecosystem, today announced select financial results for the ...
Netcapital Announces Full Year Fiscal 2024 Financial Results
GlobeNewswire News Room· 2024-07-29 21:30
Management to Host Earnings Call on July 30, 2024 at 11 a.m. ET "We saw significant growth in key areas despite a challenging economic environment," said Martin Kay, CEO of Netcapital Inc. "While there were decreases in both top and bottom line, we remain optimistic about the future, particularly with portal fees increasing over 100% during the year." Revenues decreased by approximately 42% year-over-year to $4.9 million, compared to revenue of $8.5 million for full fiscal year 2023. Revenue from portal fee ...
Netcapital (NCPL) - 2024 Q4 - Annual Report
2024-07-29 21:19
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41443 Securities registered under Section 12(b) of the Exchange Act: Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated Filer ☒ Smaller reporting company ☒ Emerging growth company ☐ Indicate by check mark whether any of those error corrections are re ...
Why Is Netcapital (NCPL) Stock Up 73% Today?
investorplace.com· 2024-05-24 11:59
Netcapital (NASDAQ:NCPL) stock is taking off on Friday alongside heavy pre-market trading of the fintech company's shares this morning. This has more than 43 million shares of NCPL stock changing hands as of this writing. That's an incredible surge in trading volume compared to the company's daily average of about 2.1 million shares. Investors will note that this movement comes without any clear news from Netcapital. There are no press releases for filings with the Securities and Exchange Commission (SEC) t ...
Netcapital (NCPL) - 2024 Q3 - Earnings Call Transcript
2024-03-22 17:24
Coreen Kraysler - Chief Financial Officer Martin Kay - President, CEO & Director It is now my pleasure to turn the floor over to your host, Coreen Kraysler of Netcapital. Coreen, the floor is yours. I will begin with a review of our financial results. Following that, Netcapital's CEO, Martin Kay, will follow with his prepared remarks before we open the call up for questions. Turning to our financial results for the third quarter. During the quarter, revenue decreased by approximately $1.2 million or 54%, to ...
Netcapital (NCPL) - 2024 Q3 - Quarterly Results
2024-03-19 01:44
Exhibit 99.1 Netcapital Announces Third Quarter Fiscal 2024 Financial Results ● Management to Host Earnings Call on March 19, 2024 at 10:00 a.m. ET BOSTON, MA – March 18, 2024 – Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the "Company"), a digital private capital markets ecosystem, today announced select financial results for the third quarter of fiscal year 2024 ended January 31, 2024. "Despite the challenges faced by businesses seeking capital in the current market climate, we remain optimistic about our futur ...
Netcapital (NCPL) - 2024 Q3 - Quarterly Report
2024-03-18 21:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: January 31, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-41443 NETCAPITAL INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 1 Lincoln Street Boston MA 02111 (Address ...