Q3 FY2026 · ended Jan 31, 2026 · Revenue $94,347, -38.2% YoY · Filed Mar 19, 2026
Netcapital Inc. (NCPL) files with the SEC under industry code 6199, Finance Services. In Q3 of fiscal 2026, the quarter ended Jan 31, 2026, it reported revenue of $94,347 and a net loss of $1.8 million. As of Jan 31, 2026 it held $715,443 in cash and investments and $3.8 million in total debt.
Revenue
$94,347
-38.2% vs year-ago quarter
Net income
$-1.81M
+39.7% vs year-ago quarter
Operating cash flow
$-868,745
+25.3% vs year-ago quarter
Free cash flow
—
EPS
$-0.32
+79.6% vs year-ago quarter
Dividend per share
None
Shares outstanding
7.85M
+258.0% vs year-ago quarter
Net cash
$-3.11M
Q3 FY2026
Operating margin
-1285.0%
TTM
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- NCPL (Nasdaq), NCPLW (Nasdaq)
- Fiscal year ends
- April 30
- Incorporated in
- UT
- Headquarters
- Boston, MA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1414767
- Former names
- ValueSetters Inc. (until Nov 5, 2020); ValueSetters Corp (until Sep 24, 2014)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Jan 31, 2026 |
Q2 FY2026 Oct 31, 2025 |
Q1 FY2026 Jul 31, 2025 |
Q4 FY2025 Apr 30, 2025 |
Q3 FY2025 Jan 31, 2025 |
|---|---|---|---|---|---|
| Revenue | $94,347 | $51,076 | $190,058 | $404,023 | $152,682 |
| Operating income | -$2.2M | -$2.1M | -$3.3M | -$1.9M | -$1.7M |
| Net income | -$1.8M | -$2.1M | -$3.6M | -$20.5M | -$3.0M |
| Diluted EPS | -$0.32 | -$0.44 | -$1.27 | -$9.27 | -$1.57 |
| Operating cash flow | -$868,745 | -$2.6M | -$4.2M | -$724,581 | -$1.2M |
| Total assets | $26.1M | $25.4M | $28.4M | $20.9M | $39.9M |
| Total liabilities | $4.5M | $4.0M | $5.3M | $6.0M | $4.9M |
| Stockholders' equity | $21.6M | $21.4M | $23.1M | $14.9M | $35.0M |
| Cash and investments | $715,443 | $1.7M | $4.6M | $289,428 | $614,304 |
| Total debt | $3.8M | $3.8M | $4.4M | $4.1M | $3.8M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale
|
Oct 20, 2026 | Oct 14, 2026 |
| 8-K |
Current report
Listing notice, Auditor change
|
Oct 14, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Listing notice
|
Sep 25, 2026 | Sep 21, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 3, 2026 | Aug 27, 2026 |
| 8-K |
Current report
Listing notice
|
Aug 28, 2026 | Aug 24, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
Aug 25, 2026 | Aug 19, 2026 |
All 378 Netcapital Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.