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NETCAPITAL INC.: 10-K filed 2024-07-29

What NETCAPITAL INC. reported in its annual report filed 2024-07-29 (fiscal FY 2024): 38 published measures, 91 facts as tagged in accession 0001493152-24-029454.

This filing

Form
10-K (annual report)
Filed
2024-07-29
Fiscal period
fiscal FY 2024
Accession
0001493152-24-029454 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 2024-04-3041,557,306USD
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 2024-04-303,616,698USD
At 2023-04-305,663,641USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-04-3037,940,608USD
At 2024-01-3140,302,801USD
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
2024-02-01 to 2024-04-30-2,606,736USD90
2023-05-01 to 2024-04-30-4,986,317USD366
2023-11-01 to 2024-01-31-2,227,542USD92
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
2022-05-01 to 2023-04-302,954,972USD365
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

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 2024-04-30-4,879,838USD366
2022-05-01 to 2023-04-30-4,617,200USD365

Revenue

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

PeriodValueUnitDays
2023-05-01 to 2024-04-304,951,436USD366
2022-05-01 to 2023-04-308,493,985USD365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2023-05-01 to 2024-04-304,951,435USD366
2022-05-01 to 2023-04-308,493,985USD365

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 2024-04-305,193,579USD366
2022-05-01 to 2023-04-304,512,716USD365

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 2024-04-30-20,000USD366
2022-05-01 to 2023-04-30200,000USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-04-30479,563USD
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
2023-05-01 to 2024-04-3012,105,577shares366
2022-05-01 to 2023-04-304,677,214shares365

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
2023-05-01 to 2024-04-3012,105,577shares366
2022-05-01 to 2023-04-304,677,464shares365

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
2023-05-01 to 2024-04-30-0.41USD/shares366
2022-05-01 to 2023-04-300.63USD/shares365

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
2023-05-01 to 2024-04-30-0.41USD/shares366
2022-05-01 to 2023-04-300.63USD/shares365

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
2023-05-01 to 2024-04-30-2,339,288USD366
2022-05-01 to 2023-04-30854,000USD365

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
2023-05-01 to 2024-04-301,324,917USD366
2022-05-01 to 2023-04-30269,577USD365

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
2023-05-01 to 2024-04-30-3,442,388USD366
2022-05-01 to 2023-04-302,271,876USD365

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 2024-04-301,042,535USD
At 2023-04-302,540,971USD

Current liabilities

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

PeriodValueUnitDays
At 2024-04-303,116,698USD
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 2024-04-3014,733,005USD
At 2023-04-3015,875,297USD

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 2024-04-30134,849USD
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
2023-05-01 to 2024-04-304,843,375USD366
2022-05-01 to 2023-04-308,408,947USD365

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
2023-05-01 to 2024-04-30108,060USD366
2022-05-01 to 2023-04-3085,038USD365

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
2023-05-01 to 2024-04-303,427,026USD366
2022-05-01 to 2023-04-301,740,698USD365

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 2024-04-3022,880,680shares
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 2024-04-30863,182USD
At 2023-04-30569,441USD
At 2022-04-30473,925USD

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 2024-04-30500,000USD
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 2024-04-3014,733,005USD
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 2024-04-30310,300USD
At 2023-04-30285,065USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2024-04-30133,000USD

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
2023-05-01 to 2024-04-30-4,986,317USD366
2022-05-01 to 2023-04-302,954,972USD365

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
2023-05-01 to 2024-04-3093,862USD366
2022-05-01 to 2023-04-3096,407USD365

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2023-05-01 to 2024-04-3045,990USD366
2022-05-01 to 2023-04-3093,842USD365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-05-01 to 2024-04-301,200USD366
2022-05-01 to 2023-04-3051,645USD365

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
2023-05-01 to 2024-04-30-3,883,217USD366
2022-05-01 to 2023-04-301,537,096USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-05-01 to 2024-04-3050,265USD366
2022-05-01 to 2023-04-30207,690USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2023-05-01 to 2024-04-305,538,611USD366
2022-05-01 to 2023-04-305,570,576USD365

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 2024-04-30293,849USD366
2022-05-01 to 2023-04-30-1,039,957USD365

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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"])))