Netcapital NCPL
NASDAQ NCPL
$0.26 +0.02 (+8.84%)
As of: Aug 24, 2026 · 3:59 PM EDT

Netcapital (NCPL) Tax Provisions (2020 - 2024)

Netcapital (NCPL) posted Tax Provisions of -$1.7 million for Q1 2024, down 425.3% sequentially from -$326289.0 in Q4 2023, and down 345.91% YoY from $697000.0 in Q1 2023.

Netcapital (NCPL) Tax Provisions (2020 - 2024) Analysis & Trends

Netcapital has reported Tax Provisions for 5 years, with the latest figure at -$1.7 million in Q1 2024.

  • Quarterly Tax Provisions fell 345.91% year-over-year to -$1.7 million in Q1 2024, while the trailing twelve-month figure through Apr 2024 was -$2.3 million (down 373.92% YoY) and the FY2024 annual result came in at -$2.3 million, down 373.92% from the prior year.
  • Tax Provisions fell to -$1.7 million in Q1 2024 per NCPL's latest filing, from -$326289.0 in the prior quarter.
  • Over five years, Tax Provisions peaked at $707000.0 in Q3 2021 and troughed at -$1.7 million in Q1 2024.
  • A 5-year average of -$20373.7 and a median of -$11057.0 in 2020 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2021 and 2023: Tax Provisions slumped 677.79% in 2021, then soared 8975.0% in 2023.
  • Over 5 years, Tax Provisions stood at -$11057.0 in 2020, then plunged by 677.79% to -$86000.0 in 2021, then jumped by 215.12% to $99000.0 in 2022, then tumbled by 429.58% to -$326289.0 in 2023, then sank by 425.3% to -$1.7 million in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$1.7 million, -$326289.0, and -$299000.0 for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - 1.70 Bn
2 Goldman Sachs 311.14 Bn -665.21 Bn - 1.94 Bn
3 Schwab Charles 196.95 Bn 123.36 Bn - 869.00 Mn
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 136.00 Mn
5 Interactive Brokers 41.71 Bn -22.59 Bn - 118.00 Mn
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - 136.24 Mn
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 63.50 Mn
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 4.10 Mn
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn -84.25 Mn
10 Netcapital 1.49 Mn 771,270.10 92,524.00 -

Historic Data

Download Data
DateValue
Jan 31, 2024 -1.71 Mn
Oct 31, 2023 -326,289.00
Jul 31, 2023 -299,000.00
Apr 30, 2023 355,000.00
Jan 31, 2023 697,000.00
Oct 31, 2022 99,000.00
Jul 31, 2022 -297,000.00
Apr 30, 2022 -4,000.00
Jan 31, 2022 -73,000.00
Oct 31, 2021 -86,000.00
Jul 31, 2021 707,000.00
Apr 30, 2021 655,288.00
Jan 31, 2021 -19,890.00
Oct 31, 2020 -11,057.00
Jul 31, 2020 11,341.00