Pineapple Financial Inc. (PAPL)

NYSEAMERICAN: PAPL · Real-Time Price · USD
0.445
+0.022 (5.17%)
At close: Jan 17, 2025, 4:00 PM
0.457
+0.011 (2.56%)
After-hours: Jan 17, 2025, 6:40 PM EST
5.17%
Market Cap 3.92M
Revenue (ttm) 2.69M
Net Income (ttm) -4.10M
Shares Out 8.81M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 31,900
Open 0.422
Previous Close 0.423
Day's Range 0.421 - 0.465
52-Week Range 0.410 - 2.140
Beta n/a
Analysts Strong Buy
Price Target 5.25 (+1,079.25%)
Earnings Date Jan 31, 2025

About PAPL

Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions to mortgage agents, brokers, sub-brokers, and brokerages and consumers in Canada. The company offers mortgage consultation services; advise clients on the various mortgage products offered by financial institutions, as well as offers clients access to rate information and mortgage options from lenders, including banks and lending institutions; and assist clients in selecting mortgage solution. It also operates MyPineapple, a t... [Read more]

Sector Financials
IPO Date Nov 1, 2023
Employees 55
Stock Exchange NYSEAMERICAN
Ticker Symbol PAPL
Full Company Profile

Financial Performance

In 2024, Pineapple Financial's revenue was $2.69 million, an increase of 7.46% compared to the previous year's $2.50 million. Losses were -$4.10 million, 46.1% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PAPL stock is "Strong Buy." The 12-month stock price forecast is $5.25, which is an increase of 1,079.25% from the latest price.

Price Target
$5.25
(1,079.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pineapple Financial Inc. Reports 7.5% Revenue Growth in 2024, and Accelerates Growth to Start 2025

Expecting 20% YOY Net Revenue Growth in early 2025, on Track for Ongoing Profitability by April 2025 Toronto, Canada--(Newsfile Corp. - December 23, 2024) - Pineapple Financial Inc. (NYSE American: PA...

4 weeks ago - Newsfile Corp

Pineapple Announces Strategic Partnership with BMO to Expand Homeownership Accessibility in Canada

New alliance positions Pineapple for continued growth in mortgage origination with the launch of BMO BrokerEdge(TM) channel. Toronto, Ontario--(Newsfile Corp. - November 25, 2024) - Pineapple Financia...

2 months ago - Newsfile Corp

Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share

Toronto, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Pineapple Financial, Inc. (NYSE: PAPL) (the “Company”), Canada's tech-focused mortgage brokerage with an integrated network of partner brokerages and agents ...

2 months ago - GlobeNewsWire

Pineapple Financial Unveils Renewals+ Platform, Improves Customer Retention, Adds New Revenue Streams

With Renewals+, PAPL achieves 30% higher repeat business than industry standards Leveraging advanced data analytics & personalized customer engagement, Renewals+ is expected to drive substantial reven...

2 months ago - Newsfile Corp

Pineapple Financial Expands Network with Addition of Two New Affiliate Brokerages and Reports Record Growth in Agent Network

Toronto, Ontario--(Newsfile Corp. - November 12, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), an award winning mortgage and insurance fin-tech with a national...

2 months ago - Newsfile Corp

Pineapple XChange 2024: A Premier Event for the Real Estate and Mortgage Community to Elevate Industry Connections and Insights

Toronto, Ontario--(Newsfile Corp. - November 5, 2024) - Pineapple Financial (NYSE American: PAPL) is excited to announce Pineapple XChange 2024, a unique education and networking event designed to bri...

2 months ago - Newsfile Corp

Pineapple Financial to Present at Centurion One Capital 2nd Annual Bahamas Summit

Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Pineapple Financial (NYSE American: PAPL),  a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents across Ca...

3 months ago - Newsfile Corp

Pineapple Financial Ranks Among Canada's Fastest-Growing Companies for Second Year, Boasting 166% Growth

Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents acros...

3 months ago - Newsfile Corp

Pineapple Financial Positioned for Strategic Growth as Canadian Mortgage Rule Changes Ignite Market Opportunity

Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - Pineapple Financial (NYSE American: PAPL) - With the recent reforms to Canada's mortgage rules, the real estate market is poised for a resurge...

4 months ago - Newsfile Corp

Pineapple Financial Inc. Launches Pineapple Insurance

Unlocking a Multi-Billion Dollar Market with Life, Creditor, and Disability Coverage for Mortgage Clients Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - Pineapple Financial Inc. (NYSE Ameri...

4 months ago - Newsfile Corp

Pineapple Financial Anticipates Growth Surge Amid Bank of Canada's Consecutive Rate Cuts and Rising Housing Completions

Toronto, Ontario--(Newsfile Corp. - September 5, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading digital mortgage firm with an integrated network of partner brokerages and agents acr...

4 months ago - Newsfile Corp

The Impact of Future Interest Rate Cuts on the Canadian Mortgage Market and Pineapple's Growth Potential

Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - As inflationary pressures ease and economic conditions stabilize, the Bank of Canada (BoC) is widely expected to implement a series of interest r...

5 months ago - Newsfile Corp

PineappleONE Adoption Boosts Broker Efficiency, Leading to a 22.72% Increase in Loan Origination to $377 Million

Toronto, Ontario--(Newsfile Corp. - August 21, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading Canadian fintech company, today announced early-stage success showcasing the transforma...

5 months ago - Newsfile Corp

PineappleONE's Advanced Analytics Set to Drive Significant Revenue Growth

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple"), a leading fintech, today announced the launch of a real-time insights module within...

5 months ago - Newsfile Corp

Pineapple Financial Shows Early Results, Increasing Gross Billing Margin with Potential to Grow from 7.94% to 34.8% Through Innovative Counsellor Program

Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a leading mortgage fintech with a nationwide network of partner brok...

6 months ago - Newsfile Corp

$2.1 Trillion Canadian Mortgage Market Poised for Growth as Bank of Canada Rate Cut Sparks New Opportunities for Pineapple

Toronto, Ontario--(Newsfile Corp. - July 25, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), Canada's mortgage fintech leader, with an extensive network of partner brokerages and agents throug...

6 months ago - Newsfile Corp

Pineapple Financial Inc. Partners with Walnut Insurance to Add Additional Revenue Stream Tapping into $85 Billion P&C Insurance Market

Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with a comprehensive network of pa...

6 months ago - Newsfile Corp

Pineapple Financial Inc. Announces 20.43 Percent Revenue Growth in Fiscal 2024 Third Quarter Ended May 31, 2024

Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading tech-focused mortgage firm with an integrated network of partner brokerages and agents ac...

6 months ago - Newsfile Corp

Pineapple Financial to Participate in 3rd Annual Investor Clubhouse at RBC Canadian Open, May 30 - June 2, 2024

Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of affil...

8 months ago - Newsfile Corp

Pineapple Financial Inc. Announces Participation in the Centurion One Capital LA Summit 2024

Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Pineapple Financial Inc. (NYSE: PAPL) (“the Company” or “Pineapple”), a tech-focused mortgage brokerage with an integrated network of affiliate brok...

8 months ago - Newsfile Corp

Pineapple Financial Inc. Adds Six Brokerages to Its Affiliate Network

TORONTO , May 22, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL), ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of affiliate brokerag...

8 months ago - PRNewsWire

Pineapple Financial Inc. Announces Participation in the EF Hutton Annual Global Conference

Toronto, Ontario--(Newsfile Corp. - May 1, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading tech-focused mortgage firm with an integrated network of partner brokerages and agents acro...

9 months ago - Newsfile Corp

Pineapple Financial Inc. Announces 59.04 Percent Revenue Growth in Fiscal 2024 Second Quarter Ended February 29, 2024

TORONTO , April 15, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL), a leading tech-focused mortgage firm with an integrated network of partner brokerages and agents across Canada, ...

10 months ago - PRNewsWire

Pineapple Financial Inc. Introduces Intuitive Mortgage Document Management, Doc Genius, for PineappleONE

TORONTO , April 11, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of partner brokerage...

10 months ago - PRNewsWire

Pineapple Financial Inc. to Leverage its Online Application System with Century 21's Largest Brokerage in Canada

TORONTO , April 8, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of partner brokerages...

10 months ago - PRNewsWire