The call highlighted a strategic shift towards blockchain and tokenized assets, which could drive future growth. However, there were significant concerns about the current revenue decline, operating losses, and the justification for recent strategic decisions and acquisitions.
Company Guidance
During Netcapital Inc.'s earnings call for the second quarter of fiscal year 2026, the company reported a significant decline in revenues, totaling approximately $51,000 compared to $170,000 in the same period the previous year, primarily due to a decrease in portal fees. Despite the reduced revenue, the company managed to slightly reduce its operating loss to approximately $2.1 million, down from $2.2 million in fiscal year 2025. Additionally, the loss per share improved notably from $2.34 to $0.44. As of October 31, 2025, Netcapital held cash and cash equivalents of around $1.7 million. The newly appointed CEO, Rich Wheeless, emphasized a strategic pivot towards leveraging blockchain technology and tokenized assets, highlighting their potential for high-margin revenue streams. He also mentioned the company's focus on expanding its offerings through Reg A transactions via its broker-dealer subsidiary, which has not yet generated revenue but is expected to contribute in the future.
Positive Shift in Strategic Direction
Netcapital has made a strategic pivot focusing on its core fintech platform and a licensed broker-dealer, positioning itself for growth in tokenized assets and blockchain integration.
Improved Loss Per Share
Loss per share improved significantly from $2.34 in Q2 FY2025 to $0.44 in Q2 FY2026.
NetCapital (NCPL) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NCPL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Dec 15, 2025
$1.12
$1.09
-2.68%
Sep 22, 2025
$2.39
$2.35
-1.67%
Aug 12, 2025
$2.62
$2.07
-20.99%
Mar 17, 2025
$1.88
$1.85
-1.60%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NetCapital (NCPL) report earnings?
NetCapital (NCPL) is schdueled to report earning on Mar 23, 2026, During Market Hours (Confirmed).
What is NetCapital (NCPL) earnings time?
NetCapital (NCPL) earnings time is at Mar 23, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.