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Netcapital Inc. (NCPL)

USD0.44 -0.01 (-3.02%)
US NASDAQ Financial Services Financial - Capital Markets
Address State Street Financial Center 2111
Boston, MA, US
CEO Todd Violette
IPO 2006-06-05
CIK 1414767 ISIN US64113L2025

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Also trades on NASDAQ Capital Market · NCPL (USD) NASDAQ Global Market · NCPLW (USD)
Description

Netcapital Inc. is a financial technology firm primarily known for its SEC-registered funding platform, Netcapital.com. This online portal facilitates capital raising for private enterprises while simultaneously providing a global investment avenue for individuals. Beyond its core platform, the company offers an extensive suite of support services. These encompass streamlined, automated onboarding, systematic handling of essential regulatory submissions, thorough compliance checks, and the creation of bespoke offering pages on its website. Netcapital.com also arranges for third-party transfer agency and custodial services. It actively promotes offerings through email marketing to its exclusive investor network and incorporates 'rolling closes,' allowing earlier liquidity access prior to an offering's official conclusion. Further assistance includes annual filing support and continuous operational guidance. Moreover, Netcapital Inc. extends its expertise through a range of advisory offerings. These services include fostering nascent technology startups, connecting companies with potential investors, and providing digital marketing solutions. They also cover website and software development, comprehensive message formulation (from pitch decks to advertising content), strategic business guidance, and specialized technology consulting. The firm additionally conducts various financial assessments and evaluations. Its offerings in this domain include business valuation reports, opinions on fairness and solvency, feasibility studies and valuations for Employee Stock Ownership Plans (ESOPs), assessments for non-cash charitable donations, economic analysis related to damages, intellectual property appraisals, and analyses of compensation structures. Established in 1984 and headquartered in Boston, Massachusetts, Netcapital Inc. operates as a subsidiary of NetCapital Systems LLC.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.44 -0.01 (-3.02%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
1.56
Float Shares
4.36M
Free Float %
88.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-38.55% +32.53% +192.94% +115.14% +19.55% +66.74% -59.26% -98.92% -99.87% -99.21% -100.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.44
Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-4.79
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Capital Markets: +19.7%
    -82.4% Q1'26: -38.2% (vs Q1'25)
  • EPS growth Financial - Capital Markets: +35.3%
    +29.0% Q1'26: +79.6% (vs Q1'25)
  • FCF margin FCF growth · Financial - Capital Markets: +29.5%
    -3,002.7% Q1'26: -920.8% (vs Q1'25)
  • EBIT margin Financial - Capital Markets: +33.5%
    -3,249.5% Q1'26: -1,895.9% (vs Q1'25)
  • ROIC Financial - Capital Markets: +4.0%
    -163.3% Q1'26: -30.7% (vs Q1'25)
  • Share dilution Financial - Capital Markets: +0.0%
    +702.4% Q1'26: +193.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    -0.10× Q1'26: -0.35× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.91) × ERP
WACC = 36% × Ke + 64% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.44
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 2023
actual
Apr 2024
actual
Apr 2025
actual
Apr 2026
1 Rev. Ana.
1 EPS Ana.
Revenue
8.49M
est: 7.89M (+7.7%)
4.95M
est: 5.70M (-13.1%)
869.5K
est: 3.56M (-75.6%)
7.15M
7.15M – 7.15M
+100.8% YoY
EBITDA
4.00M
est: -485.9K (+923.0%)
-7.19M
est: -351.1K (-1,946.7%)
-28.22M
est: -219.3K (-12,768.3%)
-440.4K
-440.4K – -440.4K
-100.8% YoY
EBIT
3.90M
est: -503.8K (+874.6%)
-7.28M
est: -364.0K (-1,899.7%)
-28.25M
est: -227.4K (-12,326.5%)
-456.6K
-456.6K – -456.6K
-100.8% YoY
Net Income
2.95M
est: 50.51M (-94.1%)
-4.99M
est: -26.23M (+81.0%)
-28.30M
est: -10.57M (-167.6%)
-1.64M
-1.64M – -1.64M
+84.5% YoY
SGA
6.14M
est: 16.62M (-63.1%)
8.29M
est: 12.01M (-31.0%)
5.25M
est: 7.50M (-29.9%)
15.06M
15.06M – 15.06M
+100.8% YoY
EPS
44.10
est: 36.40 (+21.2%)
-28.70
est: -18.90 (-51.9%)
-20.39
est: -7.62 (-167.6%)
-1.18
-1.18 – -1.18
+84.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-27 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-26 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-22 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-21 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-20 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-19 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-18 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-15 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-14 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-13 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-12 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-11 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-08 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-07 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-06 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-05 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-04 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-01 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-04-30 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-04-29 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-04-28 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-04-27 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-23 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-22 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-21 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-20 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-17 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-16 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-8.47M
OE per share TTM
-2.48
Owner's Yield
-137.15%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
111.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
12
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 TelcoSoftware.com Corp. 49.50M 9.70% OO Delaware 2017-02-16
2 Paul H. Riss 48.61M 9.60% 48.61M 48.61M IN Delaware 2016-02-16
3 Resurgent Realty, Inc. 1.83M 5.23% 1.83M 1.83M CO 2024-07-19
4 Armistice Capital, LLC 1.49M 9.99% 1.49M IA, OO Delaware 2024-02-14
5 Steven Boyd 1.49M 9.99% 1.49M HC, IN Delaware 2024-02-14
6 Jeff Easton 1.42M 9.90% 1.42M 1.42M IN United States 2024-01-04
7 Lind Global Fund II LP 1.42M 9.90% 1.42M 1.42M PN United States 2024-01-04
8 Lind Global Partners II LLC 1.42M 9.90% 1.42M 1.42M OO United States 2024-01-04
9 36-3452497 1.18M 8.20% 54.0K 54.0K 1.12M IA Illinois 2024-01-04
10 Stock Loan Solutions, LLC 26-3685947 147.1K 3.44% 84.8K 147.1K Utah 2022-08-24
11 Realty, Inc. 29.0K 5.00% 29.0K 29.0K CO Virginia 2024-08-12
12 Wheeler 29.0K 5.00% 29.0K 29.0K IN 2024-08-12

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Extended Market ETF VXF 0.00% 22.1K 0.05%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
239.3K
Shares disposed
Cash buys
1.00
Cash sales
Net activity
+239,274
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2025-06-26 GlobexUS Holdings Corp. 10% Owner Common Stock, $0.001 Par Value Per Share 0 0.00 500,000 D
2024-04-24 Geary Steven F Director P-Purchase A Common Stock 239,274 0.13 31.7K 249,574
2023-04-25 Scott Arnold Director A-Award A Option (right to buy) 20,000 1.40 28.0K 20,000
2023-04-25 Liss Avi Director A-Award A Option (right to buy) 20,000 1.40 28.0K 25,000
2023-04-25 Lenk Cecilia Director A-Award A Option (right to buy) 20,000 1.40 28.0K 30,000
2023-04-25 Geary Steven F Director A-Award A Option (right to buy) 20,000 1.40 28.0K 25,000
2023-01-03 Kraysler Coreen Sarah Officer A-Award A Options (right to buy) 200,000 0.00 220,000
2023-01-03 Kay Martin Robert Officer A-Award A Option (right to buy) 1,000,000 0.00 1,000,000
2022-12-08 Scott Arnold Director D Common Stock 0 0.00 86,140
2022-05-15 Kay Martin Robert Director 0 0.00 0
2022-02-10 Liss Avi Director A-Award A Stock Option 5,000 10.50 52.5K 5,000
2022-02-10 Lenk Cecilia Director / Officer A-Award A Stock Option 30,000 10.50 315.0K 30,000
2022-02-10 Kraysler Coreen Sarah Officer A-Award A Stock Option 20,000 10.50 210.0K 20,000
2022-02-10 Geary Steven F Director A-Award A Stock Option 5,000 10.50 52.5K 5,000
2021-01-31 Murko Carole Lisa Officer D Common Stock 0 0.00 2,864
2019-09-09 Lenk Cecilia Director / Officer A-Award A Common stock 25,000,000 0.01 300.0K 45,000,000
2019-09-09 Kraysler Coreen Sarah Officer A-Award A Common 25,000,000 0.01 300.0K 45,000,000
2018-07-31 Kraysler Kathryn Officer D Common Stock 0 0.00 5,000,000
2017-09-05 Kraysler Coreen Sarah Officer D Common Stock 0 0.00 20,000,000
2017-09-01 Lenk Cecilia Officer D Common Stock 0 0.00 20,000,000
2015-04-27 TEIXEIRA MANUEL GONCALVES Officer I Common Stock 0 0.00 25,000,000
2013-11-02 Liss Avi Director D Common Stock 0 0.00 1,000
2013-11-02 Geary Steven F Director D Common Stock 0 0.00 10,300

Executive team

Top executives
EBIT / Employee
-13.5K
Shares Outstanding
4.92M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Martin Kay, Chief Executive Officer 300.8K 75.0K 375.8K 0.00%
2 2025 Coreen Kraysler, Chief Financial Officer 225.8K 50.0K 275.8K 0.00%
3 2025 Jason Frishman, Founder 225.3K 225.3K 0.00%
4 2024 Martin Kay, Chief Executive Officer 300.0K 40.0K 340.0K 0.00%
5 2024 Coreen Kraysler, Chief Financial Officer 225.0K 40.0K 265.0K 0.00%
6 2024 Jason Frishman, Founder 228.0K 228.0K 0.00%
7 2023 Jason Frishman, Founder 166.2K 25.0K 25.9K 217.1K 11.94%
8 2023 Coreen Kraysler, Chief Financial Officer 164.1K 25.0K 25.9K 215.1K 12.06%
9 2023 Martin Kay, Chief Executive Officer 94.6K 81.3K 175.9K 46.22%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-08-14 DEF 14A
2025-08-04 PRE 14A
2024-08-12 DEFA14A
2024-08-12 DEF 14A
2024-08-02 PRE 14A
2024-06-07 DEFA14A
2024-06-07 DEF 14A
2024-05-28 PRE 14A
2024-05-28 DEFA14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-28 8-K
2026-05-18 8-K
2026-05-08 SC 13G/A
2026-05-01 8-K
2026-04-16 8-K
2026-04-14 424B3
2026-04-13 EFFECT
2026-04-09 SC 13G
2026-03-24 S-1/A
2026-03-19 10-Q

Executive team

NameTitleCompensationGender
Coreen S. Kraysler Chief Financial Officer 275.8K female
Jason Frishman Founder 225.3K male
Michael Iverson Chief Design Director & Head of AI Experience
Rich Wheeless Chief Executive Officer male
Todd Violette Chief Executive Officer male
Kevin J. Kilduff General Counsel male
Avi Liss Secretary & Independent Director male
ESG Rating
B
FINANCIAL - CAPITAL MARKETS
Rank: 26 out of 64
2026
E (Environmental)
60.1 / 59.1
Company / Sector avg.
S (Social)
65.0 / 74.1
Company / Sector avg.
G (Governance)
54.5 / 72.6
Company / Sector avg.
ESG Total
59.9 / 68.6
Company / Sector avg.
ESG Score History FINANCIAL - CAPITAL MARKETS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits