Netcapital Inc. held its Second Quarter Fiscal 2026 Financial Results Conference Call, reporting revenues of $51,000 for the quarter, a decrease from last year. Operating loss was $2.1 million, with a loss per share of $0.44. CEO Rich Wheeless highlighted the company’s focus on integrating crypto and blockchain into financing strategies to drive revenue growth.
Wheeless emphasized the potential for revenue enhancement by expanding into new asset classes and blockchain solutions. The company aims to become a leading digital ecosystem for founders seeking growth capital and investors looking for innovative opportunities. Netcapital is transitioning its strategy to focus on its core fintech platform and licensed broker dealer to drive scalable growth and attract larger transactions.
The company’s wholly owned subsidiary, Netcapital Securities, enables participation in larger capital raises, expanding their reach to serve a wider base of issuers and investors. Netcapital is positioning itself for emerging opportunities in digital assets and tokenization, viewing it as a natural extension of their business. CEO Wheeless expressed optimism in the company’s ability to drive value for shareholders and succeed with the new strategy. The focus is on blockchain’s value in security, trading, and liquidity. A new U.S.-compliant utility token sales category shows promise, with Coinbase’s MONA token sale raising $269 million in less than 24 hours. The company’s broker-dealer status and regulatory expertise position it well to capitalize on this market for high-margin revenue streams.
The company’s pivot to a new strategy in the tokenized asset market is positive. While revenue struggles in the short term, the focus is on executing the new plan. The CFO hints at potential revenues from the broker-dealer in the next quarter. The company is optimistic about the favorable regulatory environment for tokenized assets.
Questions during an investor call address concerns about revenue generation and employee count. The CEO emphasizes the importance of the new strategy and generating revenue. The company is confident in its path forward and plans to leverage the tokenized asset model. The focus is on executing the plan and moving towards growth and success in the market. Netcapital continues to focus on executing its strategy shift to tokenize assets. The acquisition of Rivetz provides expertise and technology to produce tokenized assets securely. The company’s mission remains to democratize access to private capital markets. Investments in infrastructure and team aim to drive growth in 2026 and beyond.
Unknown attendees questioned the acquisitions of Horizon and Rivetz, expressing concerns about justification and value. Executives highlighted the strategic importance of the technology and the minimal cost of the transactions. They emphasized the need to pay for quality technology that aligns with the company’s goals.
The conference call concluded with a focus on profitability, scalability, and innovation. Netcapital aims to create value in the private market ecosystem by leveraging its advantages. The company looks forward to collaborating with stakeholders and updating on progress. Participants were thanked for their interest and support.
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Read more at Yahoo Finance: Netcapital (NCPL) Q2 2026 Earnings Call Transcript