Netcapital FY2025 revenue $869K, down 82% YoY; operating loss $8.3M, includes $19.9M impairment

Netcapital Inc.

2026-Q1 EPS reported -$1.27 revenue$190,058

Revenue $869,460 vs $4,951,435 in FY2024, down 82% on lower consulting services.
Operating loss widened to $8,321,317 from $3,442,388; includes $19.9M impairment loss.
Net loss per share ($20.39) vs ($28.83) in prior year.
Management highlights strategic shift and secured broker-dealer license; earnings call Aug 13, 2025.

item 2.02item 9.01

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