Welcome to our dedicated page for Netcapital news (Ticker: NCPLW), a resource for investors and traders seeking the latest updates and insights on Netcapital stock.
Netcapital Inc (NCPLW) operates a leading fintech platform connecting private companies with investment capital. This news hub provides authorized updates about corporate developments, strategic partnerships, and regulatory filings essential for market participants.
Key resources include: Quarterly earnings disclosures, executive leadership announcements, and platform enhancement updates. Investors gain centralized access to press releases detailing capital-raising initiatives and service expansions within private markets.
Bookmark this page for verified updates about Netcapital's consulting services, investor network growth, and fintech innovation milestones. Our curated news collection eliminates the need to monitor multiple sources, providing reliable information for informed decision-making.
Netcapital Inc. has been awarded the title of Best Crowdfunding Platform at the 2023 FinTech Breakthrough Awards, recognizing its achievements in the FinTech sector. This award represents the company’s second consecutive win, selected from over 4,000 global nominations. Founded by Jason Frishman, Netcapital focuses on providing innovative services in private capital markets, allowing businesses to raise funds efficiently. The award highlights Netcapital's commitment to delivering exceptional value to both investors and emerging companies seeking growth capital.
Netcapital Inc. (Nasdaq: NCPL, NCPLW) reported significant financial growth for Q3 and the first nine months of fiscal year 2023, ending January 31, 2023. Revenue surged by 25% year-over-year to $2.3 million in Q3, while the first nine months saw a 48% increase to $5.4 million. The company achieved positive operating income of $571,000 in Q3, compared to an operating loss of $135,000 the previous year. Earnings per share reached $0.33 for Q3 and $0.46 for the first nine months. The company also reduced debt by $1 million and successfully closed a $5 million public offering.
Netcapital Inc. (NASDAQ: NCPL, NCPLW) announced it will report its financial results for Q3 FY2023, concluding on January 31, 2023, after market close on March 16, 2023. A conference call for investors is scheduled for March 17, 2023, at 10:00 a.m. ET. Netcapital operates a fintech platform that facilitates capital raising for private companies and offers investment opportunities to investors. The press release includes a disclaimer on forward-looking statements, highlighting the inherent risks and uncertainties associated with future performance.
Netcapital Inc. (Nasdaq: NCPL, NCPLW) has entered a referral agreement with JD Merit Securities, LLC, a boutique investment bank. This partnership aims to facilitate fundraising for early-stage technology companies by sharing revenues from private companies referred to the Netcapital funding portal. Jason Frishman, Netcapital's founder, emphasized the agreement's potential to provide access to growth capital. JD Merit's Joel M. Price noted the partnership enhances client service by improving access to capital for startups. Both parties anticipate that their combined efforts can significantly benefit emerging businesses.
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