Pineapple Financial Inc.

Pineapple Financial Inc.

PAPL
Pineapple Financial Inc.US flagNew York Stock Exchange American
1.07
USD
- -
- -
1.44MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.31
10.03
45.76
52.82
28.26
2.74
Basic EPS, GAAP
-0.65
-7.83
-7.82
-12.32
-5.46
-3.03
Free Cash Flow per Basic Share
1.69
-8.04
-9.69
-8.49
-2.84
-0.5
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
13.55
5.73
-2.09
-3.6
-2.67
2.53
Tangible Book Value per Share
19.27
10.93
0.19
-2.59
-2.39
2.62
Basic Weighted Avg Shares
- -
- -
- -
- -
1
9
Sales/Revenue/Turnover
3
4
16
18
19
26
Operating Margin (%)
-7.9
-75.42
-17.08
-21.22
-13.86
-74.93
Depreciation Expense
- -
- -
- -
1
1
1
Net Income, GAAP
- -
-3
-3
-4
-4
-28
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-7.87
-78.04
-17.09
-23.33
-19.34
-110.5
Working Capital
7
4
1
-1
-1
3
LT Debt
- -
1
1
1
1
- -
Total Equity
7
5
2
1
1
27
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-81.17
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Aug'25
Nov'26
Feb'26
ST Debt
1
13
19
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
1
26
Market Capitalization
2
3
7

Working Capital

FRC

in mil. unless spec.
Aug'25
Nov'26
Feb'26
Total Current Assets
2
2
23
Cash, Cash Equivalents & STI
2
1
18
Accounts Receivable, Net
- -
- -
5
Inventories
- -
- -
- -
Total Current Liabilities
3
15
20
Payables & Accruals
2
2
1
ST Debt
1
13
19
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-32.8%
Free Cash Flow
- -
- -
-33.08%
Net Income, GAAP
- -
- -
-11.31%
Sales/Revenue/Turnover
- -
- -
6.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
4
1
16
18
2025
5
5
1
17
19
2026
4
4
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.73
-2.03
-2.36
- -
-12.32
2025
-1.84
-1.73
-0.88
- -
-5.46
2026
-4.79
-0.75
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shubha-Jeet Dasgupta
Full Time Employees
55
Sector
Financial Services
Industry
Financial - Mortgages
Address
Unit 200 North York ON Canada M2H 3R1
IPO Date
Nov 1, 2023
Business
Pineapple Financial Inc. (NYSE American: PAPL) operates as a technology-driven mortgage brokerage and fintech platform in Canada, providing mortgage consultation services, brokerage solutions, and related financial products to agents, brokers, homeowners, and investors nationwide. The company offers core products including residential mortgage brokerage for home purchases, refinances, renewals, switches, renovations, debt consolidation, self-employed borrowers, damaged credit scenarios, and private lending; its proprietary MyPineapple platform delivers advanced technology solutions such as data analytics, customer profiling, automated workflows, lead generation, compliance tools, educational resources, and real-time lender connectivity; back-office support encompasses loan processing, digital onboarding, document management, payroll, and regulatory reporting; pre-underwriting services cover credit reviews, fraud analysis, appraisals, and data validation; and insurance products through subsidiary Pineapple Insurance include whole life, permanent life, critical illness, creditor, and disability coverage. Founded in 2015 and headquartered in North York, Ontario, Pineapple Financial serves clients across Canada with a network of over 700 mortgage professionals, targeting first-time buyers, investors, and homeowners seeking optimized borrowing solutions via partnerships with top lenders. Recent developments include expansion of its affiliate network in Ontario with six new brokerages to boost funded volume; diversification into higher-margin non-mortgage insurance products; debt-to-equity conversions issuing new shares to creditors like Brown Stone Capital Ltd under 2024 agreements; amendments to securities purchase agreements in November 2025 for streamlined resale registration; and a September 2025 launch of a $100 million corporate fund via private placement to acquire Injective (INJ) tokens, marking the first such initiative by a publicly traded firm.

Company News

APIChat
  • Pineapple Financial Provides Update on Share Repurchase Program and Digital Asset Treasury

  • Pineapple Financial Announces Initial Impact of AI-Powered Mortgage Agent Recruiting and Onboarding Initiatives

  • Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

  • Pineapple Financial to Participate in Upcoming May Investor and Industry Conferences

  • Pineapple Financial Announces Expanded $15 Million Share Repurchase Program

  • Pineapple Financial Inc. (PAPL) Q2 2026 Earnings Call Transcript

  • Pineapple Financial Reports Fiscal Q2 2026 Financial Results and Provides Digital Asset Treasury Update

  • Pineapple Financial to Host Fireside Chat to Discuss Q2 2026 Earnings and Strategic Outlook

  • Pineapple Financial Deepens Strategic Relationship with Canary Capital

  • Pineapple Financial Receives Audit Opinion with Going Concern Explanation

  • Pineapple Financial (NYSEAMERICAN:PAPL) Shares Down 1.4% – Should You Sell?

  • Pineapple Financial Engages Monarq Asset Management to Lead Its Digital Asset Treasury Yield Strategy

  • Pineapple Financial Authorizes $3 Million Share Repurchase Program

  • Pineapple Financial Announces Operational Transformation Strategy and AI-Empowered Sales Expansion; Initiatives Include Reduction in Annualized Costs by More Than $2.5 Million and Launch of AI-Powered Agent Growth Platform

  • Pineapple Financial to Participate in Upcoming Webull Digital Asset Treasury Webinar

  • Pineapple Financial Completes $2 Million INJ Purchase

  • Pineapple Financial Provides Digital Asset Treasury Update, Launches DAT Dashboard and Announces Injective Protocol Upgrade

  • Pineapple Financial to Participate in Upcoming February Investor Conferences

  • Pineapple Financial Reports Fiscal Q1 2026 Financial Results and Introduces FY 2026 Outlook and DAT Update

  • Pineapple Financial Appoints Anthony Georgiades to Board of Directors and Special Advisory Committee