{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-010400","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2024-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.117451+00:00","generated_at":"2026-06-04T13:11:01.852632+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Netcapital Q3 FY2024 revenue falls 54% to $1.0M, diluted EPS $(0.19) vs $0.33","bullets":["Revenue decreased 54% YoY to $1.0M from $2.3M in Q3 FY2023.","Diluted EPS of ($0.19) versus $0.33 in prior year; net loss for quarter.","Funding portal revenues down 23% to $179,588, but YTD portal fees up 152% to $375,683.","Cash and equivalents of $2.17M as of Jan 31, 2024; closed $4M public offering in Dec 2023.","CEO cites challenges but optimistic; funding portal strength noted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-010400","json":"https://secwatch.observer/filing/0001493152-24-010400.json","markdown":"https://secwatch.observer/filing/0001493152-24-010400.md","text":"https://secwatch.observer/filing/0001493152-24-010400.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224010400/0001493152-24-010400-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224010400/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T13:11:01.852632+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8dc5c79ec9db48fc0692b87463c4984f3847178","claim":"Netcapital Inc. reported first nine months of fiscal year 2024 ended January 31, 2024 results: revenue $4.6 million, EPS ($0.25) per diluted share.","evidence_excerpt":"Revenues decreased by approximately 14% year-over-year to $4.6 million, compared to revenue of $5.4 million in the first nine months of fiscal year 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224010400/0001493152-24-010400-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months of fiscal year 2024 ended January 31, 2024"},{"label":"Revenue","value":"$4.6 million"},{"label":"EPS","value":"($0.25) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fd25ed53b5b65824f1a464d81d1b62072d4ca8b3","claim":"Netcapital Inc. reported third quarter of fiscal year 2024 ended January 31, 2024 results: revenue $1.0 million, EPS ($0.19) per diluted share.","evidence_excerpt":"Revenues decreased by approximately 54% year-over-year to $1.0 million, compared to revenue of $2.3 million in the third quarter of fiscal year 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224010400/0001493152-24-010400-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2024 ended January 31, 2024"},{"label":"Revenue","value":"$1.0 million"},{"label":"EPS","value":"($0.19) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}