Netcapital (NASDAQ:NCPL) Announces Quarterly Earnings Results

Netcapital (NASDAQ:NCPL) posted 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. Netcapital had a negative net margin of 100.71% and a negative return on equity of 12.80%. The firm had revenue of $0.14 million for the quarter, compared to analysts’ expectations of $1.22 million.

Netcapital Stock Performance

NCPL stock opened at $2.88 on Tuesday. The firm’s fifty day moving average is $4.32 and its 200 day moving average is $7.31. The firm has a market cap of $57.63 million, a PE ratio of -57.60 and a beta of -0.56. Netcapital has a one year low of $2.30 and a one year high of $47.59.

About Netcapital

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.