Netcapital (NASDAQ:NCPL) Announces Quarterly Earnings Results, Misses Estimates By $0.87 EPS

Netcapital (NASDAQ:NCPLGet Free Report) posted its quarterly earnings results on Monday. The company reported ($1.57) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.87), Zacks reports. The business had revenue of $0.15 million for the quarter, compared to analyst estimates of $1.13 million. Netcapital had a negative net margin of 562.71% and a negative return on equity of 25.03%. During the same period in the previous year, the firm posted ($13.60) earnings per share.

Netcapital Trading Down 1.1 %

NASDAQ:NCPL opened at $1.88 on Tuesday. The firm has a market capitalization of $3.46 million, a price-to-earnings ratio of -0.06 and a beta of -0.48. Netcapital has a 1-year low of $1.41 and a 1-year high of $22.85. The business’s fifty day moving average price is $2.05 and its 200 day moving average price is $1.96.

About Netcapital

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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.

See Also

Earnings History for Netcapital (NASDAQ:NCPL)

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