profit from every $100 of sales.

Netcapital
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Netcapital sold, what it kept, and what it did with the cash.
Sales went from $5.48 million in 2022 to $869,460 in 2025, with -$28.3 million of profit last year.
Netcapital vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Netcapital | No profit yet | ||
Raymond James Financial | 15.1× · Fair price | ||
Tradeweb Markets | 35.0× · Expensive | ||
Nomura Holdings | 13.3× · Cheap | ||
LPL Financial Holdings | 27.2× · Fair price |
AI analysis
An AI analyst reads Netcapital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5 | 8 | 5 | 1 | |
| 5 | 8 | 5 | 1 | |
| -1 | 2 | -4 | -8 | |
| 4 | 4 | -7 | -28 | |
| 4 | 3 | -5 | -28 | |
| – | – | – | – | |
| 98.0% | 99.0% | 97.8% | 95.4% | |
| -18.8% | 25.6% | -71.4% | -961.1% | |
| 63.9% | 34.8% | -100.7% | -3,255.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 32 | 42 | 42 | 21 |
| Cash | 0 | 1 | 1 | 0 |
| Total debt | 4 | 3 | 2 | 3 |
| Total liabilities | 7 | 6 | 4 | 6 |
| 25 | 36 | 38 | 15 | |
| – | – | – | – | |
| 11.2% | 7.9% | -14.2% | -126.9% | |
| 13.9% | 8.2% | -13.1% | -189.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -3 | -5 | -5 | -5 | |
| – | – | – | – | |
| -3 | -5 | -5 | -5 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 1 | 0 | 1 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- 0.00
- 0.1×
- 2.6×
- -1,262.6%
- 0.0%
Profitability
- -3,255.0%
- -40.0%
- -29.2%
- -138.8%
- -107.9%
Growth
- −45.9%
- –
- –
- +2.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 19, 2026 | -0.32 | -0.28 | −14.3% |
| Dec 15, 2025 | -0.44 | -0.30 | −47.6% |
| Sep 22, 2025 | -1.27 | -0.34 | −272.8% |
| Oct 31, 2023 | 0.04 | – | – |
| Jul 31, 2023 | -0.07 | – | – |
| Apr 30, 2023 | 157.94 | – | – |
| Jan 31, 2023 | 0.33 | – | – |
| Oct 31, 2022 | -0.07 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Netcapital
Is Netcapital a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Netcapital AI analysis
What does Netcapital do?
Netcapital Inc. operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. It is in Financial - Capital Markets.
Does Netcapital pay a dividend?
No. Netcapital does not pay a dividend at the moment.
How has Netcapital stock done over the past year?
Up 129.3% over the past twelve months, to $0.07. It traded between $0.02 and $0.07, close to its high.
Who are Netcapital's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Netcapital's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.



