Growth & profitability
- Revenue has declined 6.0% per year over the past 3 years.
PAPL Financials Pineapple Financial Inc.
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3M | -$4M | 46.3% | -98.7% | — | — | — |
| 2024 | $3M | -$4M | 49.1% | -142.2% | -$2M | — | — |
| 2023 | $3M | -$3M | 56.2% | -111.2% | -$2M | — | — |
| 2022 | $4M | -$3M | 24.5% | 0.0% | -$2M | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Feb '26 | $707342 | -$19M | 48.9% | -2518.8% | -$3M | — | — |
| Nov '25 | $721727 | -$6M | 49.6% | -909.1% | -$491668 | — | — |
| Aug '25 | $727427 | -$2M | 27.8% | -131.7% | — | — | — |
| May '25 | $746903 | -$557736 | 67.6% | -93.3% | — | — | — |
| Feb '25 | $743309 | -$595449 | 43.4% | -80.6% | — | — | — |
| Nov '24 | $766074 | -$656894 | 45.9% | -90.5% | — | — | — |
| Aug '24 | $717610 | -$2M | 47.9% | -191.5% | -$264680 | — | — |
| May '24 | $736448 | -$848605 | 44.2% | -121.7% | $122702 | — | — |
| Feb '24 | $784869 | -$657456 | 56.1% | -84.0% | -$546460 | — | — |
| Nov '23 | $569355 | -$897757 | 52.0% | -153.9% | -$1M | — | — |
| Aug '23 | $564341 | -$597056 | 40.1% | -101.0% | -$184067 | — | — |
| May '23 | $603231 | -$808234 | 108.6% | -134.0% | -$17932 | — | — |
| Feb '23 | $493491 | -$685093 | 68.7% | -138.8% | -$776672 | — | — |
| Nov '22 | $892024 | -$762073 | 26.6% | 0.0% | -$1M | — | — |
Valuation over time
How the market has priced PAPL against its own fundamentals since 2023-11 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 15.2× (Nov '23) to 7.0× (Jun '26).
P/S
Frequently asked questions
Is PAPL growing its revenue and profit?
Over the past 3 years, Pineapple Financial Inc.'s revenue has declined 6.0% per year. These are computed facts, not advice.
How much debt does PAPL have?
As of FY2025, Pineapple Financial Inc. reported — of total debt against — of cash.
What is PAPL's profit margin?
In FY2025, gross margin was 46.3%, operating margin -98.7%, and net margin -121.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.