Pineapple Financial Inc.

Pineapple Financial Inc.

PAPL · AMEX · Financial Services / Mortgage Finance

0.672USD-0.03 (-4.14%)

Price History

Full chart

Market Stats

Previous Close0.701
Open0.724
Day Range0.63 – 0.725
52-Week Range0.54 – 6.23
Volume58.90K
Market Cap24.51M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.90
Dividend Yield0.00%
Beta5.57
50-Day Avg1.03
200-Day Avg1.06

About

Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions in Canada. It offers mortgage brokering services, including mortgage consultation, advise on various mortgage products offered by financial institutions, client access to rate information and mortgage options from lenders, and assistance in selecting mortgage solution. The company also provides back-office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portals, loan maintenance activities, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. In addition, it offers pre-underwriting support services comprising credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics; and insurance products, which include whole life, permanent life, critical illness, and credit insurance. Further, the company operates MyPineapple, a technology platform that allows users to conduct their brokerage services. It serves mortgage agents, brokers, sub-brokers, and brokerages and consumers. The company was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021. Pineapple Financial Inc. was incorporated in 2015 and is headquartered in North York, Canada.

Company Details

  • SectorFinancial Services
  • IndustryMortgage Finance
  • CEOMr. Shubha-Jeet Dasgupta
  • Employees39
  • Headquarters111 Gordon Baker Road, North York, ON, Canada, M2H 3R1, USA
  • Websitehttps://gopineapple.com

Leadership

  • Mr. Charles Andrew GreenCo-Founder & Independent Chairman · b. 1975
  • Mr. Shubha-Jeet DasguptaCo-Founder, CEO & Director · b. 1980
  • Mr. Kendall Leo MarinCo-Founder, President, COO & Director · b. 1976
  • Mr. Syed Sarfraz HabibChief Financial Officer · b. 1972
  • Mr. Alex ShangVice President of Technology
  • Allan NgDirector of Sales
  • Alma AquinoSenior Vice President of Service & Operations
  • Mr. Jack PerkinsSenior Vice President of Investor Relations at KCSA Strategic Communications

Financials

Income Statement

Currency: USD2020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Revenue3.62M16.12M3.60M2.50M2.69M2.99M
Growth (%)-+345.58%-77.66%-30.51%+7.46%+11.08%
Cost of Revenue2.10M13.25M2.36M2.33M2.44M1.65M
Gross Profit1.52M2.87M1.24M172.14K252.20K1.34M
Gross Margin41.92%17.82%34.45%6.88%9.38%44.92%
Operating Expense1.29M3.11M3.96M2.95M4.08M4.29M
Operating Income229.77K-233.52K-2.72M-2.78M-3.82M-2.95M
Operating Margin6.35%-1.45%-75.42%-111.18%-142.24%-98.70%
EBITDA262.66K-180.18K-2.46M-2.31M-3.17M-2.43M
EBITDA Margin7.26%-1.12%-68.32%-92.38%-117.90%-81.20%
Net Income190.84K-234.68K-2.81M-2.81M-4.10M-3.64M
Net Income Margin5.28%-1.46%-78.04%-112.26%-152.57%-121.82%
R&D0.060.020.140.17--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%--
Interest Expense-26.08K94.20K56.32K93.47K336.12K
Interest Expense % of Total Revenue-0.16%2.62%2.25%3.48%11.25%

Balance Sheet

Currency: USD2020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Assets310.38K7.58M6.43M4.63M4.10M5.42M
Total Liabilities153.61K662.56K1.80M2.84M2.75M4.51M
Total Equity156.77K6.92M4.63M1.79M1.35M906.68K
Cash288.25K7.01M3.90M720.37K580.36K2.12M
Total Debt13.62K263.24K1.02M1.54M977.11K1.33M
Net Debt-274.63K-6.75M-2.88M817.69K396.75K-788.29K

Cash Flow

Currency: USD2020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Operating Cash Flow159.93K668.55K-1.83M-2.12M-1.71M-946.82K
Investing Cash Flow--101.35K-1.05M-1.36M-1.12M-944.19K
Financing Cash Flow-24.89K6.27M-61.47K349.01K2.91M3.45M
Capital Expenditure061.64K1.05M1.36M1.12M944.19K
Free Cash Flow159.93K606.92K-2.89M-3.48M-2.83M-1.89M
FCF to OCF100.00%90.78%157.38%164.38%165.41%199.72%

Earnings

Report DateNov 30, 2023May 1, 2024Jul 15, 2024Oct 30, 2024Jan 21, 2025Apr 14, 2025Jul 14, 2025Dec 3, 2025Apr 13, 2026Jul 20, 2026
EPS Estimate---2.00--1.60-1.20-2.00---
EPS Actual-2.50-2.00-2.50-0.15-1.93-1.74-1.36-1.58-1.210.99
Surprise---25.00%--20.63%-45.00%32.00%---
Timing--After-hours-Pre-marketAfter-hoursAfter-hours---

Key Statistics & Ratios

Market Cap24.51M
Enterprise Value40.15M
Trailing P/E0.00
Forward P/E0.00
Price / Sales8.82
Price / Book0.45
EPS-1.90
Book Value2.02
Revenue (TTM)2.78M
Gross Profit (TTM)2.78M
EBITDA-2.74M
Profit Margin-114.09%
Operating Margin-139.57%
Return on Equity-12.09%
Return on Assets-4.33%
Shares Outstanding25.27M
Shares Float7.17M
Beta5.57
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 5.00
  • Strong Buy
    1

Stock Splits

  • Jul 16, 20251:20