---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-044914"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T12:41:05.692617+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-044914
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000149315223044914/0001493152-23-044914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000149315223044914/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-044914
- JSON: https://secwatch.observer/filing/0001493152-23-044914.json
- Plain text: https://secwatch.observer/filing/0001493152-23-044914.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414767/000149315223044914/0001493152-23-044914-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.