Pineapple Financial Inc. (PAPL)
| Market Cap | 4.40M |
| Revenue (ttm) | 2.89M |
| Net Income (ttm) | -3.86M |
| Shares Out | 8.81M |
| EPS (ttm) | -0.53 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 25,848 |
| Open | 0.497 |
| Previous Close | 0.499 |
| Day's Range | 0.497 - 0.515 |
| 52-Week Range | 0.410 - 2.140 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 5.25 (+950.0%) |
| Earnings Date | Jan 21, 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]
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 StatementsAnalyst 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 950.00% from the latest price.
News
Pineapple Financial Inc. Reports 34.6% Revenue Growth and 26.8% Reduction in Net Loss for First Quarter of Fiscal 2025
Continued Momentum with 13.3% YOY Volume Growth, 13.9% YOY Gross Billings Growth, and 20.8% YOY Net Revenue Growth Positions Company on Track for Profitability by April 2025 Toronto, Ontario--(Newsfil...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
$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...
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...
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...
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...
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...
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...
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...
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, ...
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...