---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000522"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:39:58.424852+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Netcapital prelim FY2023 rev ~$8.4M (+53% YoY); op income $2.2M vs prior year loss

## Summary
- Net sales estimated $8.3-$8.5M, up ~53% from $5.5M in FY2022, driven by consulting fees.
- Operating income estimated $2.1-$2.3M, a $3.2M swing from an operating loss of $1.0M in FY2022.
- Results are preliminary and unaudited; audited financial statements for FY2023 are not yet available.

## SEC filing metadata
- accession: 0001903596-23-000522
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000190359623000522/0001903596-23-000522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000190359623000522/ncpl_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000522
- JSON: https://secwatch.observer/filing/0001903596-23-000522.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000522.txt

## Key facts
- Earnings Releases
  Netcapital Inc. reported fiscal year 2023 results: revenue from $8.3 million to $8.5 million.
  - Period: fiscal year 2023
  - Revenue: from $8.3 million to $8.5 million
  - Result: preliminary results
  source text: For the fiscal year 2023, we estimate that our net sales will range from $8.3 million to $8.5 million, an increase of approximately $2.9 million, or 53%, using the midpoint of the estimated net sales range when compared with net sales of $5.5 million for the fiscal year ended April 30, 2022 (“fiscal year 2022”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414767/000190359623000522/0001903596-23-000522-index.htm

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