Key milestones come with acquisition of Iverson Design and signing PureWave Hydrogen as first tokenization clientManagement to host trade replace convention name day after today at 10:00 am ET
BOSTON, MA, March 19, 2026 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW, Netcapital) (the “Company”), a virtual personal capital markets ecosystem, nowadays introduced monetary effects and supplied company highlights for the 3rd quarter of fiscal 2026 ended January 31, 2026. As well as, control plans to host a trade replace convention name day after today, March 20, 2026, at 10:00 a.m. ET.
“We completed several key transactions in fiscal Q3 2026,” stated Wealthy Wheeless, Netcapital’s Leader Government Officer.
“We partnered with Silicon Prairie Holdings Inc., which provides critical regulatory infrastructure in support of secondary trading of securities previously sold under various exemptions.We acquired Iverson Design, contributing proprietary AI-powered design and visualization technologies and marking an important step in our transformation into a tokenization and digital asset platform. In conjunction with this transaction, Michael Iverson came on board as Chief Design Director and Head of AI Experience, adding in-house capabilities spanning motion graphics, 3D visualization, real-time rendering, and investor presentation design.In addition, PureWave Hydrogen became our first tokenization client, expanding our potential revenue streams into real-world asset tokenization.”
“We believe the strength of our platform and these and other investments position us for renewed growth, and to that end, I’m pleased to report fiscal Q3 2026 revenues increased from fiscal Q2 2026. We also gained traction at our broker-dealer, which signed four new clients during the quarter. With the business carrying gross margins consistently above 90% and highly scalable infrastructure in place, I’m laser-focused on driving increasing and new revenue streams with the goal of improving our bottom-line results in the coming quarters,” added Wheeless.
3rd Quarter Fiscal 2026 Monetary Highlights:
General revenues have been $94,347 in comparison to $152,682 within the prior-year quarter, essentially reflecting decrease investment portal process.Working loss was once $2,174,335, in comparison to an working lack of $1,687,692 within the 12 months in the past length.Web loss was once ($0.32) in step with fundamental and diluted proportion, in comparison to a internet lack of ($1.57) in step with fundamental and diluted proportion within the 12 months in the past length.Money and money equivalents at January 31, 2026 of $715,443, up from $289,428 at April 30, 2025.
Convention Name Knowledge
The Corporate will host an investor convention name on March 20, 2026, at 10:00 a.m. ET.Player get admission to: 844-985-2012 or 973-528-0138Conference access code: 430260
For added disclosure relating to Netcapital’s working effects, please seek advice from the Quarterly File on Shape 10-Q for the three-month length ended January 31, 2026, which has been filed with the Securities and Trade Fee.
About Netcapital Inc.
Netcapital Inc. is a fintech corporate with a scalable era platform that permits personal corporations to boost capital on-line and gives personal fairness funding alternatives to traders. The Corporate’s investment portal, Netcapital Investment Portal, Inc. is registered with the U.S. Securities & Trade Fee (SEC) and is a member of the Monetary Business Regulatory Authority (FINRA), a registered nationwide securities affiliation. The Corporate’s broker-dealer, Netcapital Securities Inc., may be registered with the SEC and is a member of FINRA.
Ahead Taking a look Statements
The ideas contained herein comprises forward-looking statements. Those statements relate to long term occasions or to our long term monetary efficiency, and contain recognized and unknown dangers, uncertainties and different elements that can purpose our precise effects to be materially other from any long term effects, ranges of process, efficiency or achievements expressed or implied by means of those forward-looking statements. You will have to no longer position undue reliance on forward-looking statements since they contain recognized and unknown dangers, uncertainties and different elements which might be, in some instances, past our keep watch over and which might, and most likely will, materially have an effect on precise effects, ranges of process, efficiency or achievements. Any forward-looking observation displays our present perspectives with appreciate to long term occasions and is matter to those and different dangers, uncertainties and assumptions with regards to our operations, result of operations, enlargement technique and liquidity. We suppose no legal responsibility to publicly replace or revise those forward-looking statements for any reason why, or to replace the explanations precise effects may just fluctuate materially from the ones expected in those forward-looking statements, even supposing new data turns into to be had at some point.
Investor Touch
NETCAPITAL INC.CONDENSED CONSOLIDATED BALANCE SHEETS
January 31, 2026(Unaudited) April 30, 2025(Audited) Property: Money and money equivalents $715,443 $289,428 Accounts receivable, internet 1,231 78,649 Different receivables 11,671 – Pay as you go bills 313,576 31,535 General present belongings 1,041,921 399,612 Deposits 6,300 6,300 Notes receivable – similar events 50,000 50,000 Bought era, internet 19,151,139 14,697,529 Fairness securities at truthful worth 5,810,495 5,748,050 General belongings $26,059,855 $20,901,491 Liabilities and Stockholders’ Fairness Present liabilities: Accounts payable $1,667,240 $2,941,108 Gathered bills 262,271 269,971 Deferred income 270 330 Hobby payable 107,302 100,797 Brief-term promissory notes – 263,437 Present portion of SBA loans 1,893,357 1,885,800 Mortgage payable – financial institution 34,324 34,324 General present liabilities 3,964,764 5,495,767 Lengthy-term liabilities: Lengthy-term SBA loans, much less present portion 492,443 500,000 General liabilities 4,457,207 5,995,767 Commitments and contingencies – – Stockholders’ fairness: Most well-liked inventory, $0.001 par worth, 10,000,000 stocks licensed, 0 stocks exceptional – – Commonplace inventory, $.001 par worth; 900,000,000 stocks licensed, 6,847,899 and a couple of,192,226 stocks issued and exceptional 6,848 2,192 Stocks to be issued – 200,000 Capital in way over par worth 57,001,947 42,525,294 Retained profits (deficit) (35,406,147) (27,821,762)General stockholders’ fairness 21,602,648 14,905,724 General liabilities and stockholders’ fairness $26,059,855 $20,901,491
NETCAPITAL INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)
3 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended January 31, 2026 January 31, 2025 January 31, 2026 January 31, 2025 Income $94,347 $152,682 $335,481 $465,437 Price of income 1,823 7,155 11,109 37,156 Gross benefit 92,524 145,527 324,372 428,281 Prices and bills: Consulting expense 268,032 63,555 428,718 240,581 Advertising and marketing 4,984 12,887 14,839 31,993 Hire 21,300 20,178 65,452 58,736 Payroll and payroll similar bills 1,097,998 815,024 3,747,881 2,701,318 Common and administrative prices 874,545 921,575 3,646,922 3,794,013 General prices and bills 2,266,859 1,833,219 7,903,812 6,826,641 Working loss (2,174,335) (1,687,692) (7,579,440) (6,398,360) Different source of revenue (expense): Hobby expense (24,076) (10,376) (72,347) (30,441)Hobby source of revenue 630 400 11,671 1,200 Impairment expense – (1,300,000) – (1,300,000)Loss on debt conversion (10,815) – (10,815) – Amortization of intangible belongings (54,298) (8,869) (72,036) (26,607)Unrealized loss on fairness securities, internet (49,950) – (5,005) – Insurance coverage restoration 500,000 – 500,000 – Accretion of non permanent notes – – (356,413) – General different source of revenue (expense) 361,491 (1,318,845) (4,945) (1,355,848)Web loss ahead of taxes (1,812,844) (3,006,537) (7,584,385) (7,754,208)Source of revenue tax expense (receive advantages) – – – – Web loss $(1,812,844) $(3,006,537) $(7,584,385) $(7,754,208) Elementary loss in step with proportion $(0.32) $(1.57) $(1.71) $(6.93)Diluted loss in step with proportion $(0.32) $(1.57) $(1.71) $(6.93) Weighted moderate collection of not unusual stocks exceptional: Elementary 5,612,356 1,915,367 4,432,039 1,119,479 Diluted 5,612,356 1,915,367 4,432,039 1,119,479
