Netcapital (NCPL)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.35 mm	1.35 mm	1.35 mm	1.35 mm	1.35 mm	1.35 mm
Cash burn (monthly)	(no burn)	(no burn)	734.14 k	621.35 k	495.81 k	532.09 k
Cash used (since last report)	n/a	n/a	2.99 mm	2.53 mm	2.02 mm	2.16 mm
Cash remaining	n/a	n/a	-1.64 mm	-1.18 mm	-670.51 k	-818.11 k
Runway (months of cash)	n/a	n/a	-2.2	-1.9	-1.4	-1.5

Beta Read what these cash burn values mean

Financial data from Netcapital earnings reports.

Institutional ownership, Q3 2024

NCPL institutional ownership history Ownership history

84.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	7	19	-63.2%
Opened positions	1	6	-83.3%
Closed positions	13	7	+85.7%
Increased positions	0	3	EXIT
Reduced positions	3	1	+200.0%

13F shares	Current	Prev Q	Change
Total value	1.04 mm	199.14 mm	-99.5%
Total shares	1.55 mm	3.52 mm	-56.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Lind Global Fund II	1.42 mm	$295.00 k	0.0%
Stock Loan Solutions	95.80 k	$0.00	0.0%
Resurgent Realty	29.00 k	$94.00 k	NEW
Bard Associates	3.12 k	$5.00 k	-99.8%
UBS UBS	403.00	$641.00 k	-98.8%
JPM JPMorgan Chase & Co.	1.00	$2.00 k	-50.0%
Deutsche Bank AG - Registered Shares	1.00	$2.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Bard Associates	3.12 k	-1.34 mm	-99.8%
Jane Street	0.00	-110.16 k	EXIT
Traynor Capital Management	0.00	-95.00 k	EXIT
Susquehanna International	0.00	-94.00 k	EXIT
Winthrop Advisory	0.00	-91.20 k	EXIT
Tower Research Capital	0.00	-65.73 k	EXIT
Vanguard	0.00	-52.82 k	EXIT
Geode Capital Management	0.00	-49.92 k	EXIT
Clear Street	0.00	-34.28 k	EXIT
UBS UBS	403.00	-34.19 k	-98.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NCPL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Apr 24	Steven F Geary	Common Stock	Buy	Acquire P	No	No	0.1324	239,274	31.68 k	249,574

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Netcapital Announces Definitive Agreements for Exercise of 270,861 Warrants at Reduced Price of $1.80/Share, Anticipates Gross Proceeds of $487,549

10 Jan 25

Netcapital Inc. (the "Company") (NASDAQ:NCPL, NPCLW))), a digital private capital markets ecosystem, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to

Netcapital Q2 EPS $(2.34) Misses $(1.29) Estimate, Sales $170.53K Miss $1.05M Estimate

16 Dec 24

Netcapital (NASDAQ:NCPL) reported quarterly losses of $(2.34) per share which missed the analyst consensus estimate of $(1.29) by 81.4 percent. This is a 192.86 percent decrease over earnings of $2.52 per share from the

Press releases

From Benzinga Pro

Netcapital Announces Second Quarter Fiscal 2025 Financial Results

16 Dec 24

Management to Host Earnings Call on December 17, 2024 at 10:00 a.m. ET BOSTON, MA, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Netcapital Inc. (NASDAQ:NCPL, NCPLW)) (the "Company"), a digital private capital markets ecosystem,