Netcapital Q2 FY2024 revenue $2.0M (+15% YoY); funding portal rev up 151%, EPS flat $0.04

Netcapital Inc.

2024-Q2 EPS reported -$0.02 revenue$3,561,467

Total revenue $2.0M, up 15% YoY from $1.8M in Q2 FY2023.
Funding portal revenue $462,706 (+151% YoY) driven by large issuers Avadain and EarthGrid PBC.
Diluted EPS $0.04 flat year-over-year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Netcapital Inc. reported second quarter of fiscal year 2024 ended October 31, 2023 results: revenue $2.0 million, EPS $0.04 per share.

Period: second quarter of fiscal year 2024 ended October 31, 2023
Revenue: $2.0 million
EPS: $0.04 per share
Result: reported results

Exact text from the filing

company, and EarthGrid PBC, a plasma boring technology company.” Second Quarter Fiscal 2024 Financial Highlights ● Revenues grew by approximately 15% year-over year to $2.0 million, compared to revenue of $1.8 million in the second quarter of fiscal year 2023. ● Funding portal revenues increased approximately 151% year-over-year to $462,706, compared to

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Source: SEC EDGAR

accession 0001493152-23-044914

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