Netcapital (NCPL) Q2 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, January 7, 2026 astatine 9:36 AM CST 11 min read

Image source: The Motley Fool.

Tuesday, December 17, 2024 astatine 10 a.m. ET

• Chief Executive Officer — Martin Kay

• Chief Financial Officer — Coreen Kraysler

Need a punctuation from a Motley Fool analyst? Email [email protected]

Coreen Kraysler: Thank you, Matthew. Good morning, everyone, and convey you for joining Netcapital's Second Quarter Fiscal 2025 Financial Results Conference Call. I'm Coreen Kraysler, CFO of Netcapital Inc. I volition statesman by reviewing our fiscal results and past our Chief Executive Officer, Martin Kay, volition stock his prepared remarks earlier we unfastened up the Q&A information of our call. Before we begin, I'd similar to punctual everyone of the harmless harbor disclosure regarding forward-looking information. Management's treatment whitethorn see forward-looking statements.

These statements subordinate to aboriginal events oregon aboriginal fiscal show and impact known and chartless risks, uncertainties and different factors that whitethorn origin existent results to beryllium materially antithetic from immoderate aboriginal results, levels of activity, show oregon achievements expressed oregon implied by these forward-looking statements. Any forward-looking statements bespeak management's existent views with respect to operations, results of operations, maturation strategy, liquidity and aboriginal events. Netcapital assumes nary work to publically update oregon revise these forward-looking statements for immoderate crushed oregon to update the reasons. Actual results could disagree materially from those anticipated successful these forward-looking statements, adjacent if caller accusation becomes disposable successful the future.

With that said, I'd similar to present crook to our fiscal results for the 2nd 4th fiscal 2025. Revenues for Q2 fiscal 2025 for the play ended October 31, 2024, decreased by astir $1.9 cardinal oregon astir 92% to $170,528 arsenic compared to astir $2.04 cardinal successful Q2 fiscal 2024. The diminution successful revenues was driven -- was attributed to the deficiency of consulting work gross successful Q2 2025 arsenic compared to gross of astir of $1.5 cardinal for consulting services for equity securities and $62,000 for consulting gross successful Q2 2024.

I'm pleased to study that arsenic of November 22, 2024, we received support from FINRA for our broker-dealer subsidiary, which volition beryllium a absorption for the institution moving forward. We reported an operating nonaccomplishment of $2.2 cardinal astir for the 2nd 4th fiscal 2025 arsenic compared to an operating nett of $52,220 for the 2nd 4th fiscal 2024. Our nett nonaccomplishment for the 2nd 4th fiscal 2025 was astir $2,220,501 arsenic compared to a nett net of astir $339,616 for the aforesaid play successful the anterior year. We reported a nonaccomplishment per stock of $2.34 for the 2nd 4th ended October 31, 2024, compared to net per stock of $2.52 for the aforesaid play successful the anterior year.