Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Netcapital Inc(NCPL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NCPL
09/25/2026: NCPL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Netcapital Inc is a fintech company operating an SEC-registered portal that facilitates equity crowdfunding for startups. Its business combines transaction fees from capital raises with strategic advisory services, aiming to democratize private market access for retail investors. The company's growth opportunity lies in increasing platform transaction volume and potentially developing secondary market liquidity. However, it faces significant risks including high competition, regulatory sensitivities, and valuation volatility regarding its portfolio of private equity investments. Netcapital may best suit growth-oriented investors with a high risk tolerance who are interested in the private capital market, though they should closely monitor portfolio asset valuations and regulatory updates.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to the growing crowdfunding market but faces significant execution hurdles. |
| Momentum investor | Mixed fit | Momentum is highly conditional on positive regulatory developments and increased deal flow volume. |
| Value investor | Weak fit | Valuation is difficult to assess due to the illiquid nature of the equity portfolio and historical earnings volatility. |
| Dividend investor | Weak fit | The company does not pay dividends and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | The business model is inherently sensitive to market cycles and regulatory changes, leading to high volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock's price is susceptible to swings in market sentiment regarding fintech and private markets. |
| Valuation risk | High | The value of equity held in private portfolio companies is subject to significant estimation and liquidity risk. |
| Competition risk (crowdfunding) | High | Intense competition from larger or more specialized crowdfunding platforms threatens market share. |
| Business quality | Medium | While the platform model is scalable, current financial performance remains linked to the success of third-party issuers. |
| Dividend income | Low / none | Investors should not expect income generation from this stock. |
| Execution risk | Medium / high | Operational success depends on scaling the portal while maintaining strict regulatory compliance. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -13.16% | Avg. Invested days 20 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 10.67M USD | Price to earnings Ratio - | 1Y Target Price 2.25 |
Price to earnings Ratio - | 1Y Target Price 2.25 | ||
Volume (30-day avg) 40.5M shares | Beta 1.78 | 52 Weeks Range 0.21 - 2.75 | Updated Date 09/27/2026 |
52 Weeks Range 0.21 - 2.75 | Updated Date 09/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -15.17 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Funding Portal Services | Transaction and success fees generated from capital raised on the platform. | The company takes a cut of the money raised by startups using its service. |
| Advisory Services | Consulting and marketing support provided to issuers. | The company earns fees for helping startups prepare for their fundraising campaigns. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 9.32M | Price to Sales(TTM) 14.43 |
Enterprise Value 9.32M | Price to Sales(TTM) 14.43 | ||
Enterprise Value to Revenue 12.54 | Enterprise Value to EBITDA 3.65 | Shares Outstanding 7.85M | Shares Floating 4.39M |
Shares Outstanding 7.85M | Shares Floating 4.39M | ||
Percent Insiders 44.09 | Percent Institutions 4.32 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Netcapital Inc
Exchange NASDAQ | Headquarters Boston, MA, United States | ||
IPO Launch date 2017-09-22 | CEO - | ||
Sector Financial Services | Industry Capital Markets | Full time employees 23 | Website https://www.netcapitalinc.com |
Full time employees 23 | Website https://www.netcapitalinc.com | ||
Netcapital Inc. operates as a fintech company with a technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors in the United States. The company's Netcapital Advisors offers marketing and strategic advice and takes equity positions in select companies. It also provides various services, including an automated onboarding process, filing of required regulatory documents, compliance review, a custom-built offering page on its portal website, email marketing, third-party transfer agent and custodial services, and rolling closes, which provide access to liquidity before the final close date of offerings, as well as assistance with annual filings and direct access to the team for ongoing support. In addition, the company offers advisory services, which include incubation of technology start-ups, investor introductions, online marketing, website design and software development, message crafting including pitch decks, offering pages, and ad creation, strategic advice, and technology consulting services. Netcapital Inc. is based in Boston, Massachusetts.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.