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NETCAPITAL INC.: 10-Q filed 2023-12-14

What NETCAPITAL INC. reported in its quarterly report filed 2023-12-14 (fiscal Q2 2024): 35 published measures, 113 facts as tagged in accession 0001493152-23-044856.

This filing

Form
10-Q (quarterly report)
Filed
2023-12-14
Fiscal period
fiscal Q2 2024
Accession
0001493152-23-044856 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NETCAPITAL INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-10-3144,679,261USD
At 2023-04-3041,820,093USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-10-315,551,700USD
At 2023-04-305,663,641USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-10-3139,127,561USD
At 2023-07-3138,465,385USD
At 2023-04-3036,156,452USD
At 2023-01-3134,257,399USD
At 2022-10-3130,270,260USD
At 2022-07-3129,664,394USD
At 2022-04-3025,237,861USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-08-01 to 2023-10-31339,616USD92
2023-05-01 to 2023-10-31-152,039USD184
2022-08-01 to 2022-10-31183,138USD92
2022-05-01 to 2022-10-31247,615USD184

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-05-01 to 2023-10-31-1,945,814USD184
2022-05-01 to 2022-10-31-2,054,600USD184

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-08-01 to 2023-10-312,041,658USD92
2023-05-01 to 2023-10-313,561,467USD184
2022-08-01 to 2022-10-311,778,973USD92
2022-05-01 to 2022-10-313,119,546USD184

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-05-01 to 2023-10-311,925,200USD184
2022-05-01 to 2022-10-312,945,917USD184

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-05-01 to 2023-10-31-20,000USD184
2022-05-01 to 2022-10-31200,000USD184

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-10-315,313,841USD
At 2023-04-305,465,880USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-08-01 to 2023-10-319,435,491shares92
2023-05-01 to 2023-10-318,453,349shares184
2022-08-01 to 2022-10-314,289,802shares92
2022-05-01 to 2022-10-313,729,174shares184

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-08-01 to 2023-10-319,435,741shares92
2023-05-01 to 2023-10-318,453,349shares184
2022-08-01 to 2022-10-314,290,052shares92
2022-05-01 to 2022-10-313,729,424shares184

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-08-01 to 2023-10-310.04USD/shares92
2023-05-01 to 2023-10-31-0.02USD/shares184
2022-08-01 to 2022-10-310.04USD/shares92
2022-05-01 to 2022-10-310.07USD/shares184

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-08-01 to 2023-10-310.04USD/shares92
2023-05-01 to 2023-10-31-0.02USD/shares184
2022-08-01 to 2022-10-310.04USD/shares92
2022-05-01 to 2022-10-310.07USD/shares184

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-08-01 to 2023-10-31-326,289USD92
2023-05-01 to 2023-10-31-625,289USD184
2022-08-01 to 2022-10-3199,000USD92
2022-05-01 to 2022-10-31-198,000USD184

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-08-01 to 2023-10-31280,522USD92
2023-05-01 to 2023-10-31763,873USD184
2022-08-01 to 2022-10-3132,953USD92
2022-05-01 to 2022-10-3165,906USD184

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-08-01 to 2023-10-3152,220USD92
2023-05-01 to 2023-10-31-696,800USD184
2022-08-01 to 2022-10-31335,165USD92
2022-05-01 to 2022-10-31341,835USD184

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-10-313,920,425USD
At 2023-04-302,540,971USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-08-01 to 2023-10-3110,562USD92
2023-05-01 to 2023-10-3123,866USD184
2022-08-01 to 2022-10-3122,978USD92
2022-05-01 to 2022-10-3159,290USD184

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-10-315,051,700USD
At 2023-04-305,163,641USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2023-10-3115,971,704USD
At 2023-04-3015,971,704USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-10-312,899,667USD
At 2023-04-301,388,500USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-08-01 to 2023-10-312,021,524USD92
2023-05-01 to 2023-10-313,523,280USD184
2022-08-01 to 2022-10-311,742,738USD92
2022-05-01 to 2022-10-313,062,248USD184

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2023-08-01 to 2023-10-3120,134USD92
2023-05-01 to 2023-10-3138,187USD184
2022-08-01 to 2022-10-3136,235USD92
2022-05-01 to 2022-10-3157,298USD184

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-08-01 to 2023-10-31648,625USD92
2023-05-01 to 2023-10-311,436,919USD184
2022-08-01 to 2022-10-31280,815USD92
2022-05-01 to 2022-10-31673,112USD184

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-10-319,459,132shares
At 2023-04-306,440,527shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-10-31528,827USD
At 2023-04-30569,441USD
At 2022-10-311,565,242USD
At 2022-04-30473,925USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-10-3133,682,137USD
At 2023-04-3030,500,944USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2023-10-31500,000USD
At 2023-04-30500,000USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-10-3115,818,635USD
At 2023-04-3015,875,297USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2023-10-31415,603USD
At 2023-04-30285,065USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-08-01 to 2023-10-31339,616USD92
2023-05-01 to 2023-07-31-491,655USD92
2023-02-01 to 2023-04-301,010,858USD89
2022-11-01 to 2023-01-311,696,499USD92
2022-08-01 to 2022-10-31183,138USD92
2022-05-01 to 2022-07-3164,477USD92

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-08-01 to 2023-10-31339,616USD92
2023-05-01 to 2023-10-31-152,039USD184
2022-08-01 to 2022-10-31183,138USD92
2022-05-01 to 2022-10-31247,615USD184

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-08-01 to 2023-10-3128,331USD92
2023-05-01 to 2023-10-3156,662USD184
2022-08-01 to 2022-10-3121,081USD92
2022-05-01 to 2022-10-3142,162USD184

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-08-01 to 2023-10-31-38,893USD92
2023-05-01 to 2023-10-31-80,528USD184
2022-08-01 to 2022-10-31-53,027USD92
2022-05-01 to 2022-10-31-292,220USD184

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-05-01 to 2023-10-311,517,167USD184
2022-05-01 to 2022-10-31-164,100USD184

Inspect the source

Entity
NETCAPITAL INC. / CIK 0001414767
Captured
2026-09-20T08:02:17.552Z
SEC response SHA-256
59b5ce81e0f8ae1ee1d783e4465b55f07f0cb4a6c523d7879909d5e3729fd4a6

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001414767.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))