NETCAPITAL INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-28.3M | $-5.0M | $3.0M | $3.5M | $1.5M | $604.9K | $582.9K | $131.1K |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $35.5K | $93.9K | $96.4K | — | — | — | — | — |
| Stock-Based Compensation | $757.5K | $1.3M | $269.6K | $1.2M | $680.6K | $356.3K | $65.2K | $130.2K |
| Net Cash from Operating Activities | $-5.3M | $-4.9M | $-4.6M | $-3.0M | $-3.3M | $-3.6K | $30.6K | $-50.2K |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-20.0K | $200.0K | $-319.2K | $242.0K | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $4.8M | $5.2M | $4.5M | $1.3M | $5.5M | $-4.3K | $-13.1K | $48.5K |
| Net Change in Cash | — | — | — | — | — | $-7.9K | $17.5K | $-1.7K |
| Free Cash Flow | — | — | — | — | — | — | — | — |