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Pineapple Financial Inc. (PAPL) Stock Fundamental Analysis & AI Rating 2026

PAPL NYSE Finance Services A1 CIK: 0001938109
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-11-30
STRONG SELL
98% Conf
Pending
Analysis scheduled

📊 PAPL Key Takeaways

Revenue: $721.7K
Net Margin: -891.6%
Free Cash Flow: $-491.7K
Current Ratio: 0.12x
Debt/Equity: N/A
EPS: $-4.79
AI Rating: STRONG SELL with 98% confidence
Pineapple Financial Inc. (PAPL) receives a STRONG SELL rating with 98% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $721.7K, net profit margin of -891.6%, Pineapple Financial Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete PAPL stock analysis for 2026.

Is Pineapple Financial Inc. (PAPL) a Good Investment?

Claude

Pineapple Financial exhibits terminal financial distress with negative stockholders equity of -$5.5M, indicating technical insolvency. The company is burning cash at ~$490K annually while generating only $721.7K in revenue against $6.6M in operating losses, creating an unsustainable trajectory with imminent refinancing or restructuring risk.

Why Buy Pineapple Financial Inc. Stock? PAPL Key Strengths

Claude
  • + Revenue growth of 11.1% YoY demonstrates modest market demand
  • + Net loss improving 11.3% YoY shows operational leverage beginning to emerge
  • + Maintains $1.5M in cash providing minimal near-term runway

PAPL Stock Risks: Pineapple Financial Inc. Investment Risks

Claude
  • ! Negative stockholders equity of -$5.5M indicates technical insolvency and unlimited downside risk
  • ! Operating losses of -$6.6M represent 915% of revenue, demonstrating severely broken unit economics
  • ! Current ratio of 0.12x indicates acute liquidity crisis with liabilities exceeding current assets by 8x
  • ! Operating cash flow negative at -$489.7K annually with limited cash reserves to sustain burn
  • ! Long-term debt of $12.0M cannot be serviced from operating cash flows or asset value
  • ! Zero insider Form 4 filings in 90 days suggests no management confidence in turnaround

Key Metrics to Watch

Claude
  • * Path to operating profitability and monthly cash burn rate
  • * Stockholders equity recovery and debt restructuring plans
  • * Revenue per employee and contribution margin by segment
  • * Refinancing capability and debt maturity schedule
  • * Management capital raises or strategic transaction announcements

Pineapple Financial Inc. (PAPL) Financial Metrics & Key Ratios

Revenue
$721.7K
Net Income
$-6.4M
EPS (Diluted)
$-4.79
Free Cash Flow
$-491.7K
Total Assets
$10.6M
Cash Position
$1.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

PAPL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -909.1%
Net Margin -891.6%
ROE N/A
ROA -60.6%
FCF Margin -68.1%

PAPL vs Finance Sector: How Pineapple Financial Inc. Compares

How Pineapple Financial Inc. compares to Finance sector averages

Net Margin
PAPL -891.6%
vs
Sector Avg 25.0%
PAPL Sector
ROE
PAPL 0.0%
vs
Sector Avg 12.0%
PAPL Sector
Current Ratio
PAPL 0.1x
vs
Sector Avg 1.2x
PAPL Sector
Debt/Equity
PAPL 0.0x
vs
Sector Avg 2.0x
PAPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pineapple Financial Inc. Stock Overvalued? PAPL Valuation Analysis 2026

Based on fundamental analysis, Pineapple Financial Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
N/A
Sector avg: 12%
Net Profit Margin
-891.6%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pineapple Financial Inc. Balance Sheet: PAPL Debt, Cash & Liquidity

Current Ratio
0.12x
Quick Ratio
0.12x
Debt/Equity
N/A
Debt/Assets
151.6%
Interest Coverage
-27.70x
Long-term Debt
$12.0M

PAPL Revenue & Earnings Growth: 5-Year Financial Trend

PAPL 5-year financial data: Year 2023: Revenue $3.6M, Net Income -$2.8M, EPS $-0.45. Year 2024: Revenue $2.7M, Net Income -$2.8M, EPS $-0.45. Year 2025: Revenue $3.0M, Net Income -$4.1M, EPS $-11.46.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pineapple Financial Inc.'s revenue has declined by 17% over the 5-year period, indicating business contraction. The most recent EPS of $-11.46 indicates the company is currently unprofitable.

PAPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-68.1%
Free cash flow / Revenue

PAPL Quarterly Earnings & Performance

Quarterly financial performance data for Pineapple Financial Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $707.3K -$595.4K $-1.21
Q1 2026 $721.7K -$656.9K $-2.60
Q3 2025 $736.4K -$557.7K $-0.05
Q2 2025 $743.3K -$595.4K $-0.09
Q1 2025 $569.4K -$656.9K $-0.13
Q3 2024 $603.2K -$808.2K $-0.12
Q2 2024 $493.5K -$657.5K $-0.10
Q1 2024 $569.4K -$762.1K $-0.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pineapple Financial Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$489.7K
Cash generated from operations
Capital Expenditures
$1.9K
Investment in assets
Dividends
None
No dividend program

PAPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pineapple Financial Inc. (CIK: 0001938109)

📋 Recent SEC Filings

Date Form Document Action
Apr 13, 2026 10-Q form10-q.htm View →
Mar 18, 2026 8-K form8-k.htm View →
Feb 10, 2026 8-K form8-k.htm View →
Feb 6, 2026 DEF 14A formdef14a.htm View →
Jan 21, 2026 10-Q form10-q.htm View →

Frequently Asked Questions about PAPL

What is the AI rating for PAPL?

Pineapple Financial Inc. (PAPL) has an AI rating of STRONG SELL with 98% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PAPL's key strengths?

Claude: Revenue growth of 11.1% YoY demonstrates modest market demand. Net loss improving 11.3% YoY shows operational leverage beginning to emerge.

What are the risks of investing in PAPL?

Claude: Negative stockholders equity of -$5.5M indicates technical insolvency and unlimited downside risk. Operating losses of -$6.6M represent 915% of revenue, demonstrating severely broken unit economics.

What is PAPL's revenue and growth?

Pineapple Financial Inc. reported revenue of $721.7K.

Does PAPL pay dividends?

Pineapple Financial Inc. does not currently pay dividends.

Where can I find PAPL SEC filings?

Official SEC filings for Pineapple Financial Inc. (CIK: 0001938109) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PAPL's EPS?

Pineapple Financial Inc. has a diluted EPS of $-4.79.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PAPL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Pineapple Financial Inc. has a STRONG SELL rating with 98% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PAPL stock overvalued or undervalued?

Valuation metrics for PAPL: ROE of N/A (sector avg: 12%), net margin of -891.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy PAPL stock in 2026?

Our dual AI analysis gives Pineapple Financial Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PAPL's free cash flow?

Pineapple Financial Inc.'s operating cash flow is $-489.7K, with capital expenditures of $1.9K. FCF margin is -68.1%.

How does PAPL compare to other Finance stocks?

Vs Finance sector averages: Net margin -891.6% (avg: 25%), ROE N/A (avg: 12%), current ratio 0.12 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-11-30 | Powered by Claude AI