Netcapital (NASDAQ:NCPL) Announces Earnings Results

Netcapital (NASDAQ:NCPL) announced its earnings results on Monday. The company reported ($5.10) earnings per share for the quarter, missing the consensus estimate of ($0.62) by ($4.48), Yahoo Finance reports. The business had revenue of $0.14 million for the quarter, compared to the consensus estimate of $1.22 million. Netcapital had a negative net margin of 100.71% and a negative return on equity of 12.80%.

Netcapital Trading Down 8.3 %

Shares of NASDAQ:NCPL traded down $0.17 during trading on Wednesday, reaching $1.89. 206,225 shares of the stock were exchanged, compared to its average volume of 102,301. The stock has a 50-day moving average price of $4.23 and a 200-day moving average price of $7.25. The firm has a market cap of $37.82 million, a PE ratio of -41.20 and a beta of -0.56. Netcapital has a 12 month low of $1.85 and a 12 month high of $47.59.

Netcapital Company Profile

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. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.