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Anyone know why we’re spiking 20% so far today?
$NCPL
Yup. They sure did
they get a letter from naz yet?
S1 Amendment for more shares to sell. Geez really
Ran nicely after hours the other day. Won’t take much to get this back to where it belongs. Some gaps to fill at $1s.
Wow they did that big of a reverse split ? The offering is way below 52 week low of .70. Horribly managed company .
Repeat offender here…… capital raise after capital raise. I had such high hopes for this company before it reversed split 2000–1. I’m still shaking my head they did that at the time they did it. Every subber was running hard but because of the pending massive reverse it just sat stuck in the mud….. dumped it along time ago but still watch to see what happens, which is nothing…… EVER.
Then they shouldn’t be in business .
They can't make enough money to pay their bills
Another offering weeks later. I’m out. Scum to do that. I just saw the AS is 900 mill. No wonder.
Did they really do another offering just now ?? What the heck is wrong with them. They couldn’t wait .
Nice News! Fee based sales up a lot. Turned from a loss to positive cash flow since last year.
Increased sales and positive cash flow. Nice news today .
I think there is a $5 price target by an analyst .
Great to see it driven by fee income and not just equity stake value increase. This is a $5 stock easy.
What a turn around. Positive income over 2 mill compared to a loss of 1mill last year.
Impressive numbers.
https://www.otcmarkets.com/filing/html?id=16778953&guid=STD-kKVtZcJzB3h
Todays rate…..yowza
NCPL - NETCAPITAL INC COM 111.75%
Todays Borrow Rate at Fido
97.875%
??
Don't mind if I do, me too
Borrow Rate at Fido
NCPL - NETCAPITAL INC COM 85.50%
NCPL 1.55 offering knocked it down yesterday, they retied some debt so have pathway tp move as baggage lightened and just a touch of right new news has followers to spurp up before it seeks lower.
Have not had much luck in premarket or after-hours markets. At times, I entered a buy order above the ask confident that it would fill but nothing. Most of the time the action is measured in increments each below 100.
The action seems to be exaggerated and volatile. Is there some magic to work in these markets?
NCPL close to the 3.30 today (3.20)., let some out of solitary @ 2.78, but with $11 high
of year, can still do the "crazy". before unlikely negative news trail kills its monster.
NCPL 3.20 pre- market.
This is what they are paying to borrow today
NCPL - NETCAPITAL INC COM 74.125%
NCPL 1.98: did not do the 2 in Jan, but streaking to flirt with a low float move to more in cards near $3, as bottom line remedies not to show for couple of months.
A Digital Private Capital Markets Ecosystem
Democratizing Private Markets | Empowering Entrepreneurs to Succeed
https://netcapital-inc.s3.amazonaws.com/events/48/b7d4098b-c348-46d3-b490-2560d1420f13.pdf#page5
Yea, that came out of nowhere.
What's going on here? I don't find any news
Netcapital Named "Best Crowdfunding Platform" at FinTech Breakthrough Awards for Second Consecutive Year
https://www.nasdaq.com/press-release/netcapital-named-best-crowdfunding-platform-at-fintech-breakthrough-awards-for-second
Netcapital Named "Best Crowdfunding Platform" at FinTech Breakthrough Awards for Second Consecutive Year
PUBLISHED
MAR 23, 2023 8:30AM EDT
Netcapital Funding Portal selected from over 4,000 nominations across a range of FinTech categories
BOSTON--(BUSINESS WIRE)-- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today was named “Best Crowdfunding Platform” for the funding portal netcapital.com at the 7th Annual 2023 FinTech Breakthrough Awards, a premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world. The 2023 award marks Netcapital’s second consecutive win in this category.
“We are honored to be recognized in back-to-back wins by the FinTech Breakthrough Awards,” said Jason Frishman, Netcapital Founder. “Our enduring mission is to exceed clients’ and portal users’ expectations and deliver high-quality services and solutions in the private capital markets space. We are grateful to receive this award which showcases the value of our platform’s offerings for both investors and emerging businesses seeking growth capital.”
The mission of the FinTech Breakthrough Awards is to perform a comprehensive evaluation of the FinTech sector, and then recognize the creativity, hard work and success of innovative FinTech companies, technologies, and products around the world. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations globally.
About Netcapital Inc.
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies with disruptive technologies. The Netcapital funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association.
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230323005042/en/
Investor Contact 800-460-0815 ir@netcapital.com
Source: Netcapital Inc.
Netcapital Announces Third Quarter Fiscal 2023 Financial Results Including Year-to-Date Revenue Growth of 48%
Conference call to be held on March 17th at 10:00 a.m. ET
March 16, 2023 05:05 PM Eastern Daylight Time
BOSTON--(BUSINESS WIRE)--Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the third quarter and first nine months of fiscal year 2023 ended January 31, 2023.
“Over the past nine months, Netcapital has generated substantial revenue growth while generating positive operating and net income”
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“Over the past nine months, Netcapital has generated substantial revenue growth while generating positive operating and net income,” said Martin Kay, CEO of Netcapital Inc. “We have established a number of important strategic partnerships designed to create opportunities for clients and investors, while scaling and advancing our operating platform for continuing growth. Netcapital is executing on the vision for our brand - to break down traditional barriers and offer opportunities for anyone to invest in private companies. Along the way, we are turning customers and communities into owners and brand ambassadors for the businesses they love. We believe this is a powerful symbiotic relationship.”
Third Quarter Fiscal 2023 Financial Highlights
Revenue growth of 25% year-over-year to $2.3 million
Positive operating income of $571,000 compared to an operating loss of $135,000 in the year-ago quarter
Diluted earnings per share of $0.33
First Nine Months of Fiscal 2023 Highlights
Revenue growth of 48% year-over-year to $5.4 million
Positive operating income of $912,000 compared to an operating loss of $1.5 million in the first nine months of fiscal year 2022
Diluted earnings per share of $0.46
Paid down $1 million in debt, closed a $5 million underwritten public offering, and uplisted to Nasdaq in July 2022
For additional disclosure regarding Netcapital’s operating results, please refer to the Quarterly Report on Form 10-Q for the period ended January 31, 2023, which has been filed with the Securities and Exchange Commission.
Conference Call Information
The Company will host an investor conference call at 10:00 a.m. ET tomorrow, March 17, 2023.
Participant access:
844-985-2012 or 973-528-0138
Conference entry code:
399662
For those unable to participate in the live call, a replay will be made available in the Investors section of the Company’s website.
About Netcapital Inc.
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies with disruptive technologies. The Netcapital funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association.
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