Pineapple Financial
PAPL
Market cap $4.49M

0.5330 USD

-0.0350

6.16%

At close Nov 15, 4:00 PM EST

1 day

-6.16%

5 days

-15.40%

1 month

-18.00%

3 months

-43.09%

6 months

-59.00%

Year to date

-70.22%

1 year

-80.55%

5 years

-76.31%

10 years

-76.31%

About: Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.

Employees: 55

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

75% more funds holding

Funds holding: 4 [Q2] → 7 (+3) [Q3]

65% more capital invested

Capital invested by funds: $49.7K [Q2] → $82.1K (+$32.3K) [Q3]

0.82% more ownership

Funds ownership: 0.83% [Q2] → 1.65% (+0.82%) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for PAPL.

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Financial journalist opinion

Based on 4 articles about PAPL published over the past 30 days

Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share

Toronto, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Pineapple Financial, Inc. (NYSE: PAPL) (the “Company”), Canada's tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across the country, today announced the closing of its registered direct offering (the “Offering”) with aggregate gross proceeds to the Company of approximately $1,000,000, prior to deducting fees and other expenses payable by the Company. The Offering consisted of 1,666,667 common shares and pre-funded warrants. Each common share (or pre-funded warrant in lieu thereof) was sold at a purchase price of $0.60 per share (or $0.5999 per pre-funded warrant after reducing $0.0001 attributable to the exercise price of the pre-funded warrants).

Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share

Pineapple Financial Unveils Renewals+ Platform, Improves Customer Retention, Adds New Revenue Streams

With Renewals+, PAPL achieves 30% higher repeat business than industry standards Leveraging advanced data analytics & personalized customer engagement, Renewals+ is expected to drive substantial revenue growth and shareholder value Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) proudly introduces Renewals+, an innovative addition to its PineappleONE platform, purpose-built to optimize mortgage renewals and elevate customer loyalty. By integrating cutting-edge data analytics and personalization tools, Renewals+ has positioned Pineapple as a leader in Canada's $300 billion mortgage renewal market, driving a 20% increase in annual renewals and achieving a repeat business rate that surpasses industry norms by 30%.

Pineapple Financial Unveils Renewals+ Platform, Improves Customer Retention, Adds New Revenue Streams

Pineapple Financial Expands Network with Addition of Two New Affiliate Brokerages and Reports Record Growth in Agent Network

Toronto, Ontario--(Newsfile Corp. - November 12, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), an award winning mortgage and insurance fin-tech with a national footprint, is excited to announce the addition of two new affiliate brokerages, Luxe Lending Corp. and Mortgage Magic, expanding its reach and capabilities across Canada. This expansion strengthens Pineapple's position as a leader in the Canadian mortgage industry and aligns with its strategy to offer technology-enabled solutions to a wider audience.

Pineapple Financial Expands Network with Addition of Two New Affiliate Brokerages and Reports Record Growth in Agent Network

Pineapple XChange 2024: A Premier Event for the Real Estate and Mortgage Community to Elevate Industry Connections and Insights

Toronto, Ontario--(Newsfile Corp. - November 5, 2024) - Pineapple Financial (NYSE American: PAPL) is excited to announce Pineapple XChange 2024, a unique education and networking event designed to bring realtors and mortgage brokers together in a collaborative space for business growth and relationship building. Taking place on November 6, 2024, at Paramount Eventspace in Woodbridge, Ontario, this premier gathering will offer exclusive insights, high-impact panels, and one-on-one connections with Pineapple leadership and Canada's leading lenders.

Pineapple XChange 2024: A Premier Event for the Real Estate and Mortgage Community to Elevate Industry Connections and Insights

Pineapple Financial to Present at Centurion One Capital 2nd Annual Bahamas Summit

Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Pineapple Financial (NYSE American: PAPL), a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents across Canada, is pleased to announce it will be presenting at the Centurion One Capital 2nd Annual Bahamas Summit, which will be taking place at the exclusive Rosewood Baha Mar Hotel from Tuesday, October 22nd to Wednesday, October 23rd, 2024, in Nassau, Bahamas. Shubha Dasgupta, CEO, is scheduled to present on Wednesday, October 23rd at 2:10 PM EDT.

Pineapple Financial to Present at Centurion One Capital 2nd Annual Bahamas Summit

Pineapple Financial Ranks Among Canada's Fastest-Growing Companies for Second Year, Boasting 166% Growth

Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents across Canada, proudly announced its inclusion in the Report on Business (Globe and Mail) Ranking of Canada's Top Growing Companies for the second consecutive year. The Globe and Mail list ranks Canadian companies based on three-year revenue growth, evaluating businesses across various sectors, including finance, technology, and retail.

Pineapple Financial Ranks Among Canada's Fastest-Growing Companies for Second Year, Boasting 166% Growth

Pineapple Financial Positioned for Strategic Growth as Canadian Mortgage Rule Changes Ignite Market Opportunity

Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - Pineapple Financial (NYSE American: PAPL) - With the recent reforms to Canada's mortgage rules, the real estate market is poised for a resurgence in activity, offering significant growth opportunities for Pineapple Financial. The government's initiatives to increase accessibility for first-time buyers and support move-up buyers, alongside the rise of insured mortgage limits, signal an environment ripe for expansion.

Pineapple Financial Positioned for Strategic Growth as Canadian Mortgage Rule Changes Ignite Market Opportunity

Pineapple Financial Inc. Launches Pineapple Insurance

Unlocking a Multi-Billion Dollar Market with Life, Creditor, and Disability Coverage for Mortgage Clients Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading Canadian fintech platform, is thrilled to announce the official launch of Pineapple Insurance, a transformative new business vertical that is designed to unlock significant growth potential for the company. This development not only allows Pineapple to tap into Canada's multi-billion dollar insurance market but also offers clients a more personalized, comprehensive financial solution that integrates seamlessly with their mortgage needs.

Pineapple Financial Inc. Launches Pineapple Insurance

Pineapple Financial Anticipates Growth Surge Amid Bank of Canada's Consecutive Rate Cuts and Rising Housing Completions

Toronto, Ontario--(Newsfile Corp. - September 5, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading digital mortgage firm with an integrated network of partner brokerages and agents across Canada is strategically positioned to capture significant market share and drive revenue growth following the Bank of Canada's recent 25-basis-point rate cut, bringing the benchmark interest rate to 4.25%. As Canada enters a period of potential housing market upswing, Pineapple's scalable data-driven technology platform and market expertise are set to capitalize on the anticipated increase in mortgage activity while streamlining the home-buying process.

Pineapple Financial Anticipates Growth Surge Amid Bank of Canada's Consecutive Rate Cuts and Rising Housing Completions

The Impact of Future Interest Rate Cuts on the Canadian Mortgage Market and Pineapple's Growth Potential

Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - As inflationary pressures ease and economic conditions stabilize, the Bank of Canada (BoC) is widely expected to implement a series of interest rate cuts, potentially bringing the overnight rate down to 2.75% by mid-2025. These anticipated cuts represent not just a correction of the monetary policy but a pivotal opportunity for the Canadian mortgage market to regain momentum.

The Impact of Future Interest Rate Cuts on the Canadian Mortgage Market and Pineapple's Growth Potential

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