Netcapital delays annual report filing, expects Form 10-K by Aug. 13

Preliminary results point to revenue of $460,883, down 47%, tied to fewer offerings and successful closings.

Operating loss is seen at $9.29 million, up 11.7%, on higher payroll and consulting costs.

Net loss is expected at $9.23 million, down 67.4%, helped by lower impairment expense and a $750,000 insurance recovery.

Netcapital filed a late notice for its Form 10-K for the fiscal year ended April 30, 2026, citing more time needed for asset documentation. The company said it expects to file the annual report by Aug. 13 under the Rule 12b-25 extension.