Netcapital Inc. Income Statement
NCPL|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
Netcapital Inc. reported $5M in revenue and $5M in net loss for FY2025. Revenue has grown at a 79.1% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -1.39 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M | $8.5M | $5.5M | $4.7M | $1.8M | $1.0M | $111.2K | $21.5K | $44.9K | $93.6K | $4.7K | $8.1K |
| Cost of Revenue | $108.1K | $85.0K | $110.1K | $759.2K | $11.1K | $25.2K | $23.9K | - | - | - | - | - |
| Gross Profit | $4.8M | $8.4M | $5.4M | $4.0M | $1.7M | $988.4K | $87.3K | $21.5K | - | - | - | - |
| SG&A Expense | $3.4M | $1.7M | $1.6M | $465.0K | $72.7K | $54.2K | $66.8K | $25.2K | $255.2K | $656.0K | $13.2K | $14.8K |
| Operating Income | -$3.4M | $2.3M | -$1.0M | -$401.5K | $1.1M | $624.4K | -$192.1K | -$549.0K | -$707.2K | - | - | - |
| Interest Expense | - | - | $126.4K | $87.3K | $18.9K | $19.4K | $69.5K | $115.3K | $113.6K | $76.8K | $18.2K | $18.9K |
| Income Tax | -$2.3M | $854.0K | $544.0K | $613.0K | -$129.0K | -$3.7K | $3.7K | - | - | - | - | - |
| Net Income | -$5.0M | $3.0M | $3.5M | $1.5M | $604.9K | -$20.4K | $131.1K | -$828.1K | -$835.9K | -$485.7K | -$28.0K | -$26.4K |
| EPS (Basic) | -$28.83 | $0.63 | $1.31 | $1.18 | $1.50 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | -$28.83 | $0.63 | $1.27 | $0.89 | $1.50 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding | 326.9K | 6.4M | 2.9M | 2.2M | 417.1K | 752.5M | 731.7M | 530.0M | 508.0M | 500.0M | 500.0M | 500.0M |
| Gross Margin | 97.8% | 99.0% | 98.0% | 83.9% | 99.4% | 97.5% | 78.5% | 100.0% | - | - | - | - |
| Operating Margin | -69.5% | 26.8% | -18.8% | -8.5% | 65.4% | 61.6% | -172.8% | -2552.7% | -1575.9% | - | - | - |
| Profit Margin | -100.7% | 34.8% | 63.9% | 31.1% | 34.5% | -2.0% | 118.0% | -3850.3% | -1862.5% | -518.7% | -598.1% | -324.5% |