The latest financial statement is for the quarter ending 2025-11-30.
| Cash Flow | 2025-11-30 | 2025-08-31 |
|---|---|---|
| Accretion expense | - | 0 |
| Loss on extinguishment of liability | - | 0 |
| Gain (loss) on change in fair value of the conversion feature liability | - | 0 |
| Net loss for the year | -6,435,085 | -3,638,465 |
| Derecognition of right of use of assets | - | 0 |
| Depreciation of property and equipment | 10,611 | 82,113 |
| Unrealized foreign exchange gain (loss) | - | 0 |
| Bad debt written off | 7,154 | 48,524 |
| Amortization of intangible assets | 182,493 | 592,942 |
| Depreciation on right of use asset | 29,696 | 187,048 |
| Interest expense on lease liability | 10,096 | 51,431 |
| Share-based compensation | - | 235,006 |
| Loss on derecognition of right of use of asset | - | 3,596 |
| Change in fair value of warrant liability | -97,430 | 608,537 |
| Fair value loss on crypto assets | 6,140,379 | - |
| Trade and other receivables | 58,663 | -14,477 |
| Prepaid expenses and deposits | 56,974 | -47,910 |
| Accounts payable and accrued liabilities | -123,226 | 999,683 |
| Deferred government incentive | -28,241 | -176,253 |
| Deferred revenue | -70,555 | -3,369 |
| Net cash used in operating activities | -489,745 | -946,820 |
| Proceed from conversion note | - | 0 |
| Proceed from equity purchase agreement | - | 0 |
| Proceed from scientific research and development loan | - | 0 |
| Repayment of scientific research and development loan | - | 0 |
| Share capital issuance | 15,000 | 1,847,477 |
| Loan from directors | - | 629,120 |
| Exercise of share warrants | - | 1,008,798 |
| Warrant liability allocation on share capital issuance | - | 659,190 |
| Proceed from warrant exercise | 3 | - |
| Share issue cost | - | -487,313 |
| Proceed from loan payable | 11,983,087 | - |
| Repayment of lease obligations | 43,979 | 206,185 |
| Net cash provided by financing activity | 11,954,105 | 3,451,087 |
| Additions to intangible assets | 208,905 | 944,187 |
| Additions to property and equipment | 1,923 | 0 |
| Purchase of crypto assets | 11,896,002 | - |
| Net cash used in investing activity | -12,106,830 | -944,187 |
| Net change in cash | -642,470 | 1,560,080 |
| Effect of exchange rate changes on cash | 4,266 | -23,065 |
| Cash and cash equivalents at beginning of period | 2,117,371 | 580,356 |
| Cash and cash equivalents at end of period | 1,479,167 | 2,117,371 |
Pineapple Financial Inc. (PAPL)
Pineapple Financial Inc. (PAPL)