Jeremy Mink's questions to Netcapital (NCPL) leadership • Q4 2025
Question
Asked for details on the company's strategic transition, the financial impact of discontinuing the consulting business, and specific plans for entering the crypto space.
Answer
The CEO explained the company is shifting from equity-based consulting to more scalable services like Reg A capital raisings and integrating blockchain/crypto. The consulting business was less scalable and paid in equity, not a major cost driver. The crypto strategy is focused on the long-term integration of blockchain into capital formation for both primary and secondary markets, avoiding short-term trends.