For the quarter ending 2026-02-28, PAPL made $707,342 in revenue. -$19,572,385 in net income. Net profit margin of -2767.03%.
| Income Statement | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2024-08-31 |
|---|---|---|---|---|
| Revenue | 707,342 | 721,727 | 746,705.75* | 672,246.75* |
| Selling, general and administrative | 659,855 | 394,850 | 563,486* | 595,556.25* |
| Advertising and marketing | 293,749 | 124,398 | 167,370.5* | 215,011.75* |
| Salaries, wages and benefits | 188,529 | 162,383 | 411,256* | 600,923* |
| Interest expense and bank charges | 364,782 | 265,236 | 84,028.75* | 23,368* |
| Depreciation and amortization | 241,589 | 222,800 | 215,526* | 209,710.75* |
| Fair value loss on crypto assets | 16,882,557 | 6,140,379 | - | - |
| Staking income | 221,718 | - | - | - |
| Share-based compensation | 142,000 | - | 58,751.5* | 8,272.75* |
| Government incentive | 27,397 | 26,973 | 17,638.75* | 24,411.5* |
| Loss on derecognition of right of use of asset | - | - | 899* | - |
| Total expenses | 18,523,946 | 7,283,073 | 1,483,679* | 1,628,431* |
| Loss from operations | -17,816,604 | -6,561,346 | -736,973.25* | -956,184.25* |
| Foreign exchange (loss) gain | -188,189 | 28,831 | 2,533.25* | - |
| Interest income | 214,334 | - | - | - |
| Financing cost - warrants | 1,325,558 | - | 41,070* | - |
| Financing cost -equity line of credit | 1,500,000 | - | - | - |
| Gain (loss) on change in fair value of derivative liability | 15,653 | - | - | - |
| Accretionexpensesnonoperating | - | - | - | 55,764.75* |
| Gain loss on change in fair value of conversion feature liabilities | - | - | - | 19,135.75* |
| Gain (loss) on change in fair value of warrant liability | 1,104,576 | 97,430 | -152,134.25* | 15,942.25* |
| Foreign exchange gain (loss) | - | - | - | -9,709* |
| Loss on extinguishment of liability | - | - | - | -39,084.75* |
| Other income | - | - | 18,028* | - |
| Loss before income taxes | -19,495,788 | - | - | -1,025,664.75 |
| Net loss | -19,495,788 | -6,435,085 | -909,616.25* | -1,025,664.75* |
| Foreign currency translation adjustment | -76,597 | -4,525 | 25,197.5* | 2,304.25* |
| Net loss and comprehensive loss | -19,572,385 | -6,439,610 | -884,418.75 | -1,023,360.5 |
| Basic EPS | -1.21 | -4.79 | -1.328 | -0.143 |
| Diluted EPS | -1.21 | -4.79 | -1.328 | -0.143 |
| Basic Average Shares | 16,174,900 | 1,344,391 | 665,820 | 7,145,939 |
| Diluted Average Shares | 16,174,900 | 1,344,391 | 665,820 | 7,145,939 |
Pineapple Financial Inc. (PAPL)
Pineapple Financial Inc. (PAPL)