The following is a summary of the Netcapital Inc. (NCPL) Q3 2025 Earnings Call Transcript:
Financial Performance:
Revenues decreased by 85% to $152,682 in Q3 compared to the previous year.
Operating loss increased to $1,687,692 in Q3, up from $1,205,157 the previous year.
Net loss widened to approximately $3,006,537 in Q3, compared to $2.2 million the same period last year.Reported a net loss per share of $1.57 for Q3, a significant reduction from the loss of $13.60 per share the prior year due to changes in share count.
Business Progress:
Successfully established Netcapital Securities as a FINRA approved broker-dealer capable of private security placements and partnering with other firms for equity raises.
Engaged with GenOn Neuroscience, Inc. for planned Regulation A offerings to provide broker-dealer and administrative services.
Opportunities:
The establishment of a broker-dealer subsidiary, Netcapital Securities, which will allow handling private placements, referral business, and support for larger fundraises under regulations such as Reg A and Reg D.
Risks:
Continuation of significant revenue decline, influenced by the shift away from equity-based revenue contracts to focus on broker-dealer operations.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
