secwatch.observer — SEC 8-K summary
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Issuer:     Netcapital Inc. (NCPL)
CIK:        0001414767
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001493152-25-010598
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netcapital Q3 FY2025 revenue down 85% YoY to $152,682; net loss $3.0M
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- Revenue dropped 85% YoY to $152,682 from $1.04M in Q3 FY2024.
- Operating loss widened to $1.69M from $1.21M in prior-year quarter.
- Net loss of $3.01M ($1.57 per share) vs $2.23M ($13.60 per share) last year.
- Cash and equivalents $614,304 as of Jan 31, 2025.
- CEO notes broker-dealer subsidiary approved by FINRA in Nov; first client Algernon for Reg A offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414767/000149315225010598/0001493152-25-010598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414767/000149315225010598/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-010598

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