Welcome to our dedicated page for Netcapital news (Ticker: NCPL), a resource for investors and traders seeking the latest updates and insights on Netcapital stock.
Netcapital Inc. reports developments in fintech services for private capital formation. The company operates an online platform that allows private companies to raise capital digitally and gives investors access to private equity opportunities. Its funding portal, Netcapital Funding Portal, Inc., is registered with the SEC and is a FINRA member, and its broker-dealer, Netcapital Securities Inc., is also SEC-registered and a FINRA member.
Company updates commonly cover platform strategy, financial results, governance changes, equity compensation, and capital actions. Recent themes also include digital asset and tokenization initiatives, the completed acquisition of Iverson Design assets, and the addition of AI-driven design, animation, visualization, and real-time rendering technology to support issuer presentations and platform development.
Netcapital Inc. (OTC-PINK: NCPL) reported a remarkable 4,621% increase in net income, reaching $1,457,410 for Q1 2022. Earnings per share (EPS) surged 829% to $0.65. Additionally, equity securities at fair value rose 204% to $9,623,753, and book value hit $9.26 per share. The funding portal also saw robust momentum, with over $7 million invested, a 500% increase year-over-year. Netcapital plans to discuss these results in an earnings conference call on September 22, 2021.
Netcapital Inc. (OTC-PINK: NCPL), a digital private markets platform, will present at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. A presentation video will be available on demand starting at 7:00 am ET on September 13, with management available for one-on-one investor meetings. CEO Jason Frishman will discuss recent financial performance and a significant increase in market share, which has tripled in the past year, highlighting Netcapital’s growth in the digital capital market.
Netcapital Inc. (OTCQX: NCPL) reported a remarkable fiscal 2021, achieving revenues of $4,721,003, a 169% increase year-over-year, and a net income surge of 143%, totaling $1,469,660. The company saw its cash balances rise to $2.5 million and the value of equity securities rise by 348% to $6,298,008. Additionally, its book value increased to $8.61 per share. The funding portal's market share tripled, showing significant growth momentum with over $17 million invested through the platform this year.
Netcapital Inc. (OTCQX: NCPL) announces its intent to uplist on a major national exchange, engaging Sheppard Mullin for assistance. The company aims to enhance visibility and liquidity for its stock, providing new opportunities for institutional investor engagement. Key achievements include a 137% revenue growth to $3.8 million in the first nine months of Fiscal 2021 and an 81% growth in investment portfolio year-over-year. While the company intends to meet exchange requirements, approval for the uplisting is not guaranteed.
Netcapital Inc. (OTCQX: NCPL) announced that its portfolio company, Deuce Drone, successfully completed a live demonstration of its drone delivery services. This marks a pivotal step towards launching revenue-generating flights within weeks. The event occurred at the BB&T Financial Centre in Mobile, AL, where Deuce Drone has secured an exclusive contract for drone lunch deliveries. COO Ed Fienga stated that they are fine-tuning their software for operational readiness. The demo received notable community support, highlighting Deuce Drone's potential for expansion.
Netcapital Inc. (OTCQX: NCPL) has announced that acclaimed playwright and screenwriter Jason Keller has joined its portfolio company, MustWatch, as Executive Producer. Keller brings nearly two decades of experience, highlighted by his work on the Oscar-winning film Ford vs. Ferrari. His involvement aims to enhance MustWatch's development and user engagement. The CEO of Netcapital expressed enthusiasm about this addition and the progress of MustWatch, which specializes in media customization through its app, now open for investment.
Netcapital Inc. (OTCQX: NCPL) has appointed Equity Stock Transfer LLC (EST) as its SEC-registered transfer agent. This partnership aims to streamline the process for issuers conducting securities offerings on Netcapital.com, ensuring smooth transitions during fundraising and shareholder communications. Netcapital's CEO, Jason Frishman, expressed optimism about this collaboration, which promises enhanced service for both private and public companies. EST, with extensive experience and a robust client base, will help manage cap tables and facilitate trading for Netcapital’s clientele.
Netcapital Inc. (OTCQX: NCPL) launches a monthly webinar series, Netcapital Advisors, aimed at supporting women entrepreneurs, investors, and innovators. The series kicks off with the event "Women in Private Equity: How to Deal with the No’s" on June 30th, 2 PM ET. Participants will also have a chance to win a copy of panelist Jessica Bacal’s book. The initiative reflects Netcapital's commitment to empowering women in finance, with a series of past webinars covering various relevant topics.
Netcapital (OTCQX: NCPL) announced the successful stability test launch of its portfolio company's mobile game, Noobs in Space, now available on Google Play's Early Access Store in India. The game achieved its initial download goal in under 48 hours, indicating strong audience interest.
The Zelgor Games team, backed by notable investors like Tim Draper, aims to test functionality and gather user feedback during this phase. The success of this game could significantly impact Netcapital's valuation and growth potential.
Netcapital Inc. (OTCQX: NCPL) has successfully transitioned from the OTC Pink® market to the OTCQX® Best Market, effective immediately. This upgrade is expected to enhance visibility and appeal to institutional investors. To qualify for OTCQX, companies must meet stringent financial standards and adhere to corporate governance practices. Netcapital provides a platform for private companies to raise capital online and offers investors access to pre-IPO opportunities. The CEO stated this milestone will attract more investors and improve stakeholder relations.