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Netcapital Reports Third Quarter Fiscal 2026 Financial Results and Provides Corporate Update
Globenewswire· 2026-03-19 21:57
Core Insights - Netcapital Inc. reported financial results for Q3 fiscal 2026, highlighting a revenue increase compared to Q2 fiscal 2026 and the signing of four new clients at its broker-dealer [1][3]. Financial Performance - Total revenues for Q3 fiscal 2026 were $94,347, a decrease from $152,682 in the same quarter of the previous year, primarily due to lower funding portal activity [9][14]. - The operating loss for Q3 fiscal 2026 was $2,174,335, compared to an operating loss of $1,687,692 in the prior year [9][14]. - The net loss per share was ($0.32) for Q3 fiscal 2026, an improvement from a net loss of ($1.57) per share in the same quarter last year [9][14]. Corporate Developments - Key milestones included the acquisition of Iverson Design and the signing of PureWave Hydrogen as the first tokenization client, which is expected to expand revenue streams into real-world asset tokenization [7][8]. - The company partnered with Silicon Prairie Holdings Inc. to enhance regulatory infrastructure for secondary trading of securities [8]. Cash Position - Cash and cash equivalents as of January 31, 2026, were $715,443, an increase from $289,428 as of April 30, 2025 [9][12]. Operational Highlights - The company maintained gross margins consistently above 90% and emphasized a focus on driving new revenue streams to improve bottom-line results in upcoming quarters [3].
X @AscendEX
AscendEX· 2025-09-15 10:24
Partnerships - RT Vanar (@Vanarchain) 新的 Kickstart 合作伙伴是 AscendEX_ [1] - AscendEX_ 是一个领先的全球数字资产平台,结合了 CEX 性能与 DeFi 创新 [1] Company Overview - AscendEX_ 由量化交易领域的资深人士创建 [1]
Silver Scott Mines Announces Launch of Silver Scott Exchange
Accessnewswire· 2025-09-10 13:15
Core Insights - The launch of the Silver Scott Exchange marks a significant advancement in the digital asset platform space, aimed at facilitating the quick and secure market entry of tokens for companies and entrepreneurs [1] Group 1: Platform Features - The Silver Scott Exchange offers a full-stack solution for token launches, including Initial Coin Offerings (ICOs) and token listings [1] - The platform provides comprehensive go-to-market support for projects and entrepreneurs [1] Group 2: Accessibility - The Silver Scott Exchange is now accessible at www.silverscottexchange.com, enhancing its reach to innovators in the digital asset space [1]
Fiserv CMO Shannon Watkins reveals stablecoin plans ahead of Clover Shark Tank Summit
Yahoo Finance· 2025-09-09 20:06
Core Insights - Fiserv is focusing on empowering small businesses to accept digital currencies, recognizing their critical role in the global economy [1][2] - The company aims to bridge the gap between small businesses and the evolving digital payment landscape, emphasizing the need for these businesses to adapt to new payment forms [3][4] Company Initiatives - Fiserv is launching a new digital asset platform that includes its own stablecoin, FIUSD, to facilitate transactions for small businesses [5][6] - The stablecoin market has reached a market cap of $286.28 billion, with Tether (USDT) holding a dominant 58.99% market share [6] Technology and Support - The Clover point-of-sale system will support small businesses in adapting to new payment methods, ensuring they can meet consumer demands [4] - Fiserv is committed to ensuring the reliability of its digital currency offerings through compliant and secure technology [7]