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Pineapple Financial Inc. (PAPL)

Financial Services | Mortgage Finance | North York, Canada | NYSE American
0.94 USD -0.02 (-2.432%) ⇩ (July 14, 2026, 3:59 p.m. EDT)
After hours: 0.95 +0.01 (0.935%) ⇧ (July 14, 2026, 6:58 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:17 a.m. EDT

The investment case for this mortgage finance firm has collapsed under the weight of deteriorating fundamentals and a catastrophic multi-year price trajectory. Fundamentally, the company is bleeding cash with negative operating margins and free cash flow, while revenue has contracted by nearly 5%. The balance sheet is fragile, sitting just barely above insolvency with debt significantly outweighing equity. This financial distress is reflected in the market's verdict: the stock has lost over 87% of its value in the last year, a decline driven by a severe drop in earnings per share that left the forward P/E meaningless. While management has announced aggressive capital return programs including a $15 million share repurchase and a 50% cut in cash burn, these measures are insufficient to reverse the structural damage or restore confidence in the business model. With no dividend history to speak of and a stock trading at a fraction of its book value due to solvency fears, there is no margin of safety for investors. The recent price action shows volatility but remains trapped well below key moving averages, confirming the bearish sentiment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.121010
MSTL0.246658
AutoETS0.248935
AutoTheta0.316123

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 24%
H-stat 0.87
Ljung-Box p 0.004
Jarque-Bera p 0.000
Excess Kurtosis 5.19
Attribute Value
Sector Financial Services
Debt to Equity Ratio 72.388
Revenue per Share 0.604
Market Cap 24,552,030
Forward P/E 23.53
Beta 5.72
Website https://gopineapple.com

Info Dump

Attribute Value
52 Week Change -0.49210525
Address1 111 Gordon Baker Road
Address2 Unit 200
All Time High 85.0
All Time Low 0.2
Ask 0.9499
Ask Size 100
Average Daily Volume10 Day 48,950
Average Daily Volume3 Month 3,695,109
Average Volume 3,695,109
Average Volume10Days 48,950
Beta 5.723
Bid 0.94
Bid Size 4,200
Book Value 1.039
City North York
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 0.9411
Current Ratio 1.152
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.95
Day Low 0.9321
Debt To Equity 72.388
Display Name Pineapple Financial
Ebitda -2,546,603
Ebitda Margins -0.87697
Enterprise To Ebitda -10.379
Enterprise To Revenue 9.102
Enterprise Value 26,432,012
Eps Forward 0.04
Eps Trailing Twelve Months -5.7
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.06514
Fifty Day Average Change -0.12404001
Fifty Day Average Change Percent -0.116454184
Fifty Two Week Change Percent -49.210526
Fifty Two Week High 9.53
Fifty Two Week High Change -8.5889
Fifty Two Week High Change Percent -0.9012487
Fifty Two Week Low 0.54
Fifty Two Week Low Change 0.40109998
Fifty Two Week Low Change Percent 0.7427777
Fifty Two Week Range 0.54 - 9.53
Financial Currency USD
First Trade Date Milliseconds 1,698,845,400,000
Float Shares 7,982,605
Forward Eps 0.04
Forward P E 23.5275
Free Cashflow -6,877,622
Full Exchange Name NYSE American
Full Time Employees 39
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 2,903,854
Has Pre Post Market Data 1
Held Percent Insiders 0.69402003
Held Percent Institutions 0.0031299999
Implied Shares Outstanding 26,088,652
Industry Mortgage Finance
Industry Disp Mortgage Finance
Industry Key mortgage-finance
Language en-US
Last Fiscal Year End 1,756,598,400
Last Split Date 1,752,624,000
Last Split Factor 1:20
Long Business Summary 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.
Market us_market
Market Cap 24,552,030
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_710435549
Most Recent Quarter 1,772,236,800
Net Income To Common -28,315,414
Next Fiscal Year End 1,788,134,400
Non Diluted Market Cap 25,164,069
Number Of Analyst Opinions 1
Open 0.945
Operating Cashflow -3,873,388
Operating Margins -1.15698
Payout Ratio 0.0
Phone 416 669 2046
Post Market Change 0.00879997
Post Market Change Percent 0.9350728
Post Market Price 0.9499
Post Market Time 1,784,069,917
Previous Close 0.964556
Price Hint 4
Price To Book 0.9057748
Price To Sales Trailing12 Months 8.454981
Profit Margins 0.0
Quick Ratio 0.886
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.023456
Regular Market Change Percent -2.43179
Regular Market Day High 0.95
Regular Market Day Low 0.9321
Regular Market Day Range 0.9321 - 0.95
Regular Market Open 0.945
Regular Market Previous Close 0.964556
Regular Market Price 0.9411
Regular Market Time 1,784,059,191
Regular Market Volume 32,226
Return On Assets -0.061690003
Return On Equity -2.03426
Revenue Growth -0.048
Revenue Per Share 0.604
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 26,088,651
Shares Percent Shares Out 0.0061000003
Shares Short 158,131
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 264,653
Short Name Pineapple Financial Inc.
Short Percent Of Float 0.0155
Short Ratio 1.64
Source Interval 15
State ON
Symbol PAPL
Target High Price 5.0
Target Low Price 5.0
Target Mean Price 5.0
Target Median Price 5.0
Total Cash 17,736,424
Total Cash Per Share 0.68
Total Debt 19,616,404
Total Revenue 2,903,854
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -5.7
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.92698
Two Hundred Day Average Change -0.98588
Two Hundred Day Average Change Percent -0.5116192
Type Disp Equity
Volume 32,226
Website https://gopineapple.com
Zip M2H 3R1