Pineapple Financial Inc. (PAPL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Total Current Assets | 23.11M | 1.79M | 2.32M | 1.4M | 870.85K | 957.09K | 893.49K | 1.05M | 2.42M | 3.42M | 1.7M | 1.74M | 2.43M | 3.9M | 4.48M | 5.05M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 65.93 | 2.39 | 17.02 | 22.06 | 21.81 | 20.06 | 19.65 | 52.57 | 18.1 | 17.79 | 116.43 | 107.24 | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 189.27K |
| Total Non-Current Assets | 25.76M | 8.84M | 3.1M | 3.31M | 3.09M | 3.18M | 3.2M | 3.26M | 3.15M | 3.01M | 2.93M | 2.51M | 2.32M | -3.9M | 1.94M | 1.01M |
| Property, Plant & Equipment | 523.69K | 521.33K | 592.12K | 740.64K | 760.37K | 891.31K | 981.28K | 1.03M | 1.09M | 1.14M | 1.2M | 1.07M | 1.13M | 0 | 1.2M | 916.16K |
| Fixed Asset Turnover | 7.00x | 7.98x | 1.10x | 1.00x | 0.90x | 0.82x | 0.72x | 0.70x | 3.52x | 3.55x | 0.50x | 0.55x | 0.44x | - | 0.69x | 1.38x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 24.98M | 2.51M | 2.5M | 2.56M | 2.32M | 2.28M | 2.21M | 2.22M | 2.06M | 1.85M | 1.72M | 1.41M | 1.15M | 0 | 702.39K | 592.48K |
| Long-Term Investments | 9.93K | 5.77M | 9.73K | 9.85K | 9.37K | 9.67K | 10.04K | 9.94K | 9.98K | 9.98K | 10.01K | 36.83K | 36.81K | 0 | 38.21K | 39.61K |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 48.87M | 10.63M | 5.42M | 4.7M | 3.96M | 4.14M | 4.1M | 4.31M | 5.57M | 6.42M | 4.63M | 4.26M | 4.75M | 0 | 6.43M | 5.41M |
| Asset Turnover | 0.12x | 0.55x | 0.14x | 0.17x | 0.18x | 0.19x | 0.17x | 0.15x | 0.65x | 0.75x | 0.13x | 0.13x | 0.10x | - | 0.13x | 0.23x |
| Asset Growth % | 1132.82% | 156.87% | 32.24% | 9.12% | -28.85% | -35.61% | -11.5% | 1.26% | 17.38% | - | - | - | - | - | - | - |
| Total Current Liabilities | 19.12M | 14.79M | 3M | 2.41M | 2.13M | 1.79M | 1.4M | 689.77K | 1.19M | 1.13M | 1.17M | 580.12K | 550.75K | 0 | 782.14K | 493.5K |
| Accounts Payable | 0 | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 423.29K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 19.12M | 629.73K | 629.12K | 633.26K | 599.13K | 649.22K | 0 | 0 | 532.9K | 0 | 430.1K | 0 | 0 | 0 | 0 | 55.51K |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 2.13M | 1.46M | 1.23M | 933.54K | 1.13M | 530.56K | 500.19K | 469.55K | 605.32K | 325K | 429.95K | 0 | 780.11K | -55.51K |
| Current Ratio | 1.21x | 0.12x | 0.77x | 0.58x | 0.41x | 0.54x | 0.64x | 1.53x | 2.03x | 3.02x | 1.45x | 3.00x | 4.41x | - | 5.73x | 10.23x |
| Quick Ratio | 1.21x | 0.12x | 0.77x | 0.58x | 0.41x | 0.54x | 0.64x | 1.53x | 2.03x | 3.02x | 1.45x | 3.00x | 4.41x | - | 5.73x | 10.23x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.66M | 1.32M | 1.51M | 1.45M | 1.1M | 1.2M | 1.35M | 1.57M | 1.44M | 1.68M | 1.67M | 1.36M | 1.08M | 0 | 1.02M | 998.37K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80.57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 21.77M | 16.12M | 4.51M | 3.86M | 3.22M | 2.99M | 2.75M | 2.26M | 2.62M | 2.81M | 2.84M | 1.94M | 1.63M | 0 | 1.8M | 1.18M |
| Total Debt | 19.62M | 1.29M | 1.33M | 1.47M | 1.43M | 1.55M | 977.11K | 1.09M | 1.58M | 1.07M | 1.54M | 972.6K | 978.64K | 0 | 1.02M | 844.83K |
| Net Debt | 1.72M | -186.22K | -788.29K | 337.65K | 941.21K | 931.52K | 396.75K | 338.07K | 244.37K | -1.27M | 817.69K | 116.3K | -201.34K | 3.9M | -2.88M | -2.97M |
| Debt / Equity | 0.72x | - | 1.47x | 1.75x | 1.94x | 1.35x | 0.72x | 0.53x | 0.54x | 0.30x | 0.86x | 0.42x | 0.31x | - | 0.22x | 0.20x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -5.11x | -23.26x | -58.67x | -16.87x | -4.95x | -2.76x | -33.02x | -20.02x | -22.11x | -40.94x | - | -42.25x | -34.75x | -34.53x | -11.00x | -142.76x |
| Total Equity | 27.1M | -5.49M | 906.68K | 842.57K | 739.66K | 1.15M | 1.35M | 2.05M | 2.95M | 3.62M | 1.79M | 2.32M | 3.12M | 4.63M | 4.63M | 4.23M |
| Equity Growth % | 3563.72% | -576.47% | -32.8% | -58.85% | -74.91% | -68.15% | -24.45% | -11.59% | -5.52% | - | - | - | - | - | - | - |
| Book Value per Share | 20.16 | -4.08 | 1.36 | 0.07 | 0.08 | 0.16 | 0.19 | 0.29 | 0.46 | 0.55 | 0.25 | 0.32 | 0.41 | 0.64 | 0.61 | 0.56 |
| Total Shareholders' Equity | 27.1M | -5.49M | 906.68K | 842.57K | 739.66K | 1.15M | 1.35M | 2.05M | 2.95M | 3.62M | 1.79M | 2.32M | 3.12M | 4.63M | 4.63M | 4.23M |
| Common Stock | 63.04M | 11.66M | 11.62M | 9.92M | 9.11M | 8.73M | 8.56M | 7.61M | 7.61M | 7.61M | 4.9M | 4.9M | 4.9M | 0 | 4.9M | 3.88M |
| Retained Earnings | -39.33M | -19.83M | -13.4M | -11.57M | -11.01M | -10.41M | -9.76M | -8.03M | -7.19M | -6.55M | -5.66M | -5.06M | -4.25M | 0 | -2.85M | -1.74M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 196.78K | -504.77K | -509.3K | -461.36K | -496.07K | -680.86K | -408.51K | -480.39K | -428.18K | -393.15K | -417.73K | -484.64K | -488.3K | 4.63M | -353.22K | -131.89K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |