Pineapple Financial Inc. (PAPL)

Pineapple Financial Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Revenue	2.99	2.69	2.5	3.6	2.98
Revenue Growth (YoY)	11.08%	7.46%	-30.51%	20.68%	88.56%
Cost of Revenue	-	-	-	0	0
Gross Profit	2.99	2.69	2.5	3.6	2.98
Selling, General & Admin	4.57	5.68	5.35	5.34	2.6
Operating Expenses	5.67	6.52	5.82	6.32	3.22
Operating Income	-2.68	-3.83	-3.32	-2.72	-0.24
Interest Expense	-0.05	-0.29	-0.06	-0.03	-0.01
Currency Exchange Gain (Loss)	0.01	-0.04	-	-	-
Other Non Operating Income (Expenses)	-0.99	0.21	0.59	-0.06	-0.02
EBT Excluding Unusual Items	-3.71	-3.95	-2.78	-2.81	-0.26
Gain (Loss) on Sale of Investments	-	-	-0.03	-	-
Gain (Loss) on Sale of Assets	0.07	-	-	-	-
Asset Writedown	-0	-	-	-	-
Other Unusual Items	-	-0.16	-	-	-
Pretax Income	-3.64	-4.1	-2.81	-2.81	-0.26
Income Tax Expense	-	-	-	-	-0.03
Net Income	-3.64	-4.1	-2.81	-2.81	-0.23
Net Income to Common	-3.64	-4.1	-2.81	-2.81	-0.23
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change (YoY)	86.35%	13.30%	-	58.36%	63.44%
EPS (Basic)	-5.46	-11.48	-8.91	-8.91	-1.18
EPS (Diluted)	-5.46	-11.48	-8.91	-8.91	-1.18
Free Cash Flow	-0.95	-1.71	-2.18	-2.08	0.61
Free Cash Flow Per Share	-1.42	-4.79	-6.91	-6.61	3.05
Gross Margin	100.00%	100.00%	100.00%	99.99%	99.94%
Operating Margin	-89.69%	-142.39%	-132.56%	-75.42%	-7.90%
Profit Margin	-121.82%	-152.57%	-112.26%	-78.04%	-7.87%
Free Cash Flow Margin	-31.70%	-63.71%	-87.05%	-57.88%	20.34%
EBITDA	-2.6	-3.74	-3.25	-2.67	-0.23
EBITDA Margin	-86.94%	-139.13%	-129.86%	-74.25%	-7.67%
D&A For EBITDA	0.08	0.09	0.07	0.04	0.01
EBIT	-2.68	-3.83	-3.32	-2.72	-0.24
EBIT Margin	-89.69%	-142.39%	-132.56%	-75.42%	-7.90%
Advertising Expenses	0.67	0.86	0.84	-	0.35

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q