UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: July 31, 2023 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) Utah 87-0409951 (I.R.S. Employer Identific ...

As filed with the Securities and Exchange Commission on September 8 , 2023 Registration Statement No. 333-273158 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Netcapital Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Utah 6199 87-0409951 (I.R.S. Employer Identification ...

As filed with the Securities and Exchange Commission on August 8 , 2023 Registration Statement No. 333-273158 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Netcapital Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Utah 6199 87-0409951 (I.R.S. Employer Identification No ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: April 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-55036 NETCAPITAL INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

As filed with the Securities and Exchange Commission on July 6, 2023 Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Netcapital Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Utah 6199 87-0409951 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 1 Lincoln Street Boston, ...

Netcapital Inc. (NASDAQ:NCPL) Q3 2023 Results Conference Call March 17, 2023 10:00 AM ET Company Participants Coreen Kraysler - Chief Financial Officer Jason Frishman - Founder Martin Kay - Chief Executive Officer Conference Call Participants Michael Mathison - Singular Research Tim Johnson - Bard Associates Operator Good day and welcome to the Netcapital Fiscal 2023 Third Quarter Earnings Conference Call. At this time, all participants have been placed on a listen-only mode. The floor will be open for ques ...

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, 2023 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) Utah 87-0409951 (I.R.S. Employer Identifi ...

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: October 31, 2022 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) Utah 87-0409951 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identifi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 NETCAPITAL INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Utah 87-0409951 (I.R.S. Employer Identification No.) 1 Lincoln Street Boston MA 02111 FORM 10-Q [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: July 31, 2022 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ...

Financial Performance - Revenues for fiscal 2022 increased by $759,832, or 16%, to $5,480,835 compared to $4,721,003 in fiscal 2021, driven by a 130% increase in portal fees to $1,206,957[181]. - Costs of revenues decreased by $649,043, or 85%, to $110,115 in fiscal 2022 from $759,158 in fiscal 2021, primarily due to reduced labor costs[181]. - Consulting expenses increased by $205,376, or 30%, to $892,567 in fiscal 2022, attributed to hiring more contractors for back-office support[182]. - General and administrative expenses surged by $1,137,076, or 245%, to $1,602,031 in fiscal 2022, mainly due to legal costs and professional fees[183]. - Interest expense rose by $39,039 to $126,372 in fiscal 2022, despite a decrease in debt balances from $5,328,784 to $4,142,984[184]. - The company recorded an unrealized gain on equity securities of $3,275,745 in fiscal 2022, compared to $2,571,494 in fiscal 2021[185]. Cash Flow and Liquidity - As of April 30, 2022, cash and cash equivalents were $473,925, with negative working capital of $3,113,403, an improvement from $4,666,833 in the prior year[186]. - Net cash used in operating activities was $3,006,667 in fiscal 2022, a decrease from $3,250,868 in fiscal 2021[192]. - The company completed a public offering on July 15, 2022, raising gross proceeds of $5,000,750 from the sale of 1,205,000 shares and warrants[175]. - The company believes existing cash balances and anticipated cash flows will be sufficient for working capital needs over the next 12 months[190]. Asset Management - No impairment loss was recognized in fiscal 2022 and 2021 for long-lived assets[201]. - A valuation allowance for tax assets and loss carryforwards is provided when it is determined that such assets will more likely than not go unused[202]. Risk Management - The company has no off-balance sheet arrangements[203]. - The company is not subject to fluctuations in interest rates, currency exchange rates, or other financial market risks[204]. - The company has not made any sales, purchases, or commitments with foreign entities that would expose it to currency risks[204]. - The company qualifies as a smaller reporting company and is not required to provide additional market risk information[206].