Netcapital Announces 71% Revenue Growth for H1 of Fiscal 2023

(24/7 MARKET NEWS) – Netcapital Inc. (Nasdaq: NCPL, NCPLW) announced, after yesterday’s market close, financial results for the second quarter and first six months of fiscal year 2023 ended October 31, 2022, including revenue growth of 71% year-over-year to $3.1 million.

Netcapital is trading higher in this morning’s premarket, at $1.83, up $0.44 (+31.65%), on nearly 100 thousand shares traded.

Its 52-week range is $1.15 to $15.00. Its next inflection points are $1.84 and $2.00. If it can break through the $2 level, on strong volume, it has a favorable setup for a potential run to the $3 level.

Conference call to be held this morning, at 10:00 a.m. EST

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