NetCapital Q3 Financial Results Analysis

Tuesday, 19 March 2024, 14:36

NetCapital (NCPL) released its Q3 financial results, showing a GAAP EPS of -$0.19 and a significant revenue decrease of 56.5% year-over-year. The funding portal revenues also fell to $179,588. This indicates a challenging quarter for NetCapital, with financial metrics below expectations.

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NetCapital Q3 Financial Results

NetCapital (NCPL) recently reported its financial performance for Q3, revealing a challenging quarter marked by a significant decline in revenue.

Key Highlights:

GAAP EPS: -$0.19
Revenue Decline: 56.5% YoY
Funding Portal Revenues: $179,588

This financial report showcases the tough market conditions that NetCapital is currently facing, with a notable impact on its bottom line.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

NetCapital Q3 Financial Results

Key Highlights:

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