Netcapital (US:NCPL) Globenewswireยท2025-08-12 21:45Core Viewpoint - Netcapital Inc. has shifted its strategy to focus on building a scalable foundation for future growth, emphasizing its broker-dealer license to enhance access to private markets for issuers and investors [2] Financial Performance - Reported revenues for fiscal year 2025 were $869,460, a significant decrease from $4,951,435 in fiscal year 2024, primarily due to a decline in consulting services [6] - The company experienced an operating loss of $8,321,317 compared to a loss of $3,442,388 in fiscal year 2024 [6] - An impairment loss of $19.9 million was recorded in fiscal year 2025 [6] - The net loss per share was $20.39, an improvement from a loss of $28.83 in fiscal year 2024 [6] Balance Sheet Overview - Total assets decreased to $20,901,491 as of April 30, 2025, down from $41,557,306 in the previous year [8] - Cash and cash equivalents fell to $289,428 from $863,182 [8] - Total current liabilities increased to $5,495,767 from $3,116,698 [8] - Total stockholders' equity decreased to $14,905,724 from $37,940,608 [8] Operational Insights - The company is positioned as a fintech entity that facilitates capital raising for private companies and offers private equity investment opportunities [4] - Netcapital Advisors, the consulting group, provides strategic advice and takes equity positions in select companies [4]