vs

Side-by-side financial comparison of Check-Cap Ltd (MBAI) and Netcapital Inc. (NCPL). Click either name above to swap in a different company.

Netcapital Inc. is the larger business by last-quarter revenue ($94.3K vs $47.9K, roughly 2.0× Check-Cap Ltd). Check-Cap Ltd runs the higher net margin — 2.3% vs -1921.5%, a 1923.7% gap on every dollar of revenue.

Check-Cap Ltd is a clinical-stage medical technology company specializing in non-invasive colorectal cancer screening solutions. Its core offering is an ingestible imaging capsule that requires no prior bowel preparation, targeting global healthcare markets to boost accessibility of early colon cancer detection for at-risk patient groups.

Netcapital Inc. runs a U.S.-focused digital private capital markets platform that connects growth-seeking early startups, small and medium private businesses with accredited and non-accredited individual investors, providing fundraising support for issuers and accessible alternative investment options for platform users.

MBAI vs NCPL — Head-to-Head

Bigger by revenue
NCPL
NCPL
2.0× larger
NCPL
$94.3K
$47.9K
MBAI
Higher net margin
MBAI
MBAI
1923.7% more per $
MBAI
2.3%
-1921.5%
NCPL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MBAI
MBAI
NCPL
NCPL
Revenue
$47.9K
$94.3K
Net Profit
$1.1K
$-1.8M
Gross Margin
5.2%
98.1%
Operating Margin
2.9%
-2304.6%
Net Margin
2.3%
-1921.5%
Revenue YoY
-38.2%
Net Profit YoY
100.0%
39.7%
EPS (diluted)
$-0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MBAI
MBAI
NCPL
NCPL
Q1 26
$94.3K
Q4 25
$47.9K
$51.1K
Q3 25
$190.1K
Q2 25
$404.0K
Q1 25
$152.7K
Q4 24
$170.5K
Q3 24
$142.2K
Q2 24
$347.2K
Net Profit
MBAI
MBAI
NCPL
NCPL
Q1 26
$-1.8M
Q4 25
$1.1K
$-2.1M
Q3 25
$-3.6M
Q2 25
$-20.5M
Q1 25
$-3.0M
Q4 24
$-2.2M
Q3 24
$-2.5M
Q2 24
Gross Margin
MBAI
MBAI
NCPL
NCPL
Q1 26
98.1%
Q4 25
5.2%
96.3%
Q3 25
96.1%
Q2 25
99.2%
Q1 25
95.3%
Q4 24
88.4%
Q3 24
92.8%
Q2 24
96.8%
Operating Margin
MBAI
MBAI
NCPL
NCPL
Q1 26
-2304.6%
Q4 25
2.9%
-4149.6%
Q3 25
-1728.8%
Q2 25
-476.0%
Q1 25
-1105.4%
Q4 24
-1291.5%
Q3 24
-1763.5%
Q2 24
Net Margin
MBAI
MBAI
NCPL
NCPL
Q1 26
-1921.5%
Q4 25
2.3%
-4169.3%
Q3 25
-1916.3%
Q2 25
-5085.6%
Q1 25
-1969.1%
Q4 24
-1302.1%
Q3 24
-1776.9%
Q2 24
EPS (diluted)
MBAI
MBAI
NCPL
NCPL
Q1 26
$-0.32
Q4 25
$-0.44
Q3 25
$-1.27
Q2 25
$-11.38
Q1 25
$-1.57
Q4 24
$-2.34
Q3 24
$-5.10
Q2 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MBAI
MBAI
NCPL
NCPL
Cash + ST InvestmentsLiquidity on hand
$94.3K
Total DebtLower is stronger
$492.4K
Stockholders' EquityBook value
$1.4K
$21.6M
Total Assets
$184.9K
$26.1M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBAI
MBAI
NCPL
NCPL
Q1 26
Q4 25
$94.3K
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
MBAI
MBAI
NCPL
NCPL
Q1 26
$492.4K
Q4 25
$495.8K
Q3 25
$500.0K
Q2 25
$500.0K
Q1 25
$500.0K
Q4 24
$500.0K
Q3 24
$500.0K
Q2 24
$500.0K
Stockholders' Equity
MBAI
MBAI
NCPL
NCPL
Q1 26
$21.6M
Q4 25
$1.4K
$21.4M
Q3 25
$23.1M
Q2 25
$14.9M
Q1 25
$35.0M
Q4 24
$37.4M
Q3 24
$37.5M
Q2 24
$37.9M
Total Assets
MBAI
MBAI
NCPL
NCPL
Q1 26
$26.1M
Q4 25
$184.9K
$25.4M
Q3 25
$28.4M
Q2 25
$20.9M
Q1 25
$39.9M
Q4 24
$41.9M
Q3 24
$41.4M
Q2 24
$41.6M
Debt / Equity
MBAI
MBAI
NCPL
NCPL
Q1 26
0.02×
Q4 25
0.02×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.01×
Q2 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MBAI
MBAI
NCPL
NCPL
Operating Cash FlowLast quarter
$-89.2K
$-868.7K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-81.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBAI
MBAI
NCPL
NCPL
Q1 26
$-868.7K
Q4 25
$-89.2K
$-2.6M
Q3 25
$-4.2M
Q2 25
$-5.3M
Q1 25
$-1.2M
Q4 24
$-1.5M
Q3 24
$-2.0M
Q2 24
$-4.9M
Cash Conversion
MBAI
MBAI
NCPL
NCPL
Q1 26
Q4 25
-81.94×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons