Core Insights - flyExclusive, Inc. has seen a stock price increase to $6.94, representing a 121.02% rise, driven by its expansion in private jet operations and strategic positioning for long-term growth [1][5] - China SXT Pharmaceuticals, Inc. has climbed to $4.87, a 143.75% increase, with its focus on traditional Chinese medicine and the Strategic AI Insights Initiative as key growth drivers [2][5] - Pineapple Financial Inc. has experienced a stock price rise to $2.73, a 91.26% increase, attributed to its innovative MyPineapple technology platform and the appointment of Anthony Georgiades to its Board of Directors [3][5] Company Developments - flyExclusive is enhancing its operations in Raleigh, North Carolina, to attract top talent and improve collaboration [1] - China SXT Pharmaceuticals is integrating advanced technology into its operations through AI-supported clinic deployment [2] - Pineapple Financial's strategic positioning is strengthened by the expertise of its new board member in digital assets and institutional investment [3] Market Trends - The movements of these companies indicate strong investor interest in innovation within their sectors, highlighting opportunities for growth in diverse market segments [4]

Toronto, Ontario--(Newsfile Corp. - December 29, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced the appointment of Anthony Georgiades, General Partner at Innovating Capital, to its Board of Directors. Mr. Georgiades will also serve on Pineapple's newly formed Special Advisory Committee, which will oversee the Company's digital asset treasury strategy focused on accumulating Injective ($INJ) tokens.As a member of the Special ...

Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that it will host a virtual fireside chat on Thursday, January 8, 2026 at 11:00 A.M. ET.Shubha Dasgupta, CEO of Pineapple Financial, alongside members of the Injective Foundation will provide an update detailing Pineapple's strategic growth trajectory heading into 2026. The conversation will highlight the Company's recent tokeniz ...

As filed with the Securities and Exchange Commission on December 12, 2025 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PINEAPPLE FINANCIAL INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Canada 6199 Not applicable (I.R.S. Employer Identification No.) Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Copies to: Darrin Ocasio, Esq. Sichenzia Ro ...

Core Insights - Pineapple Financial Inc. has launched a mortgage tokenization platform, marking a significant advancement in its on-chain financial infrastructure strategy, aimed at enhancing transparency, efficiency, and yield opportunities in the mortgage ecosystem [1][2] Group 1: Tokenization Platform Launch - The company has commenced the on-chain migration of its mortgage portfolio, with over half a billion dollars in mortgages already tokenized, converting legacy loan data into secure digital assets [1][2] - The initial deployment includes 1,259 mortgage files on-chain, representing approximately $716 million CAD in funded mortgage volume, with plans to migrate over 29,000 funded mortgages totaling around $13.7 billion CAD [2] Group 2: Data and Operational Improvements - Each tokenized mortgage record contains more than 500 unique data points, creating a unified and auditable source of truth that aims to streamline operational workflows and improve risk modeling [3] - The platform addresses long-standing operational challenges in mortgage finance, such as fragmented data systems and manual audits, by enabling automated verification and real-time audit trails [4] Group 3: Future Developments - Pineapple is developing two new commercial products: a Mortgage Data Marketplace for compliant access to anonymized loan-level data and Pineapple Prime, which will provide on-chain access to mortgage-backed yield opportunities [9]

Core Insights - Pineapple Financial (PAPL) has launched a mortgage tokenization platform to convert loan records into digital assets on the Injective blockchain, aiming to create an auditable and tamper-resistant dataset for operational use [1][2]. Company Developments - The company has migrated over 1,200 mortgage files on-chain, representing approximately $412 million (C$570 million) in funded mortgage volume, with plans to migrate its entire historical portfolio of over 29,000 funded mortgages, totaling about $10 billion (C$13.7 billion) [2][3]. - Each tokenized record contains more than 500 data points, which could enhance workflows, support automated verification, and improve risk modeling and compliant data sharing with institutions [3]. Product Offerings - Pineapple is developing two products based on the tokenized dataset: a permissioned Mortgage Data Marketplace for compliant access to anonymized loan-level information, and Pineapple Prime, which will provide on-chain access to mortgage-backed yield opportunities [4]. - The company has also launched a tokenization landing page featuring a real-time metrics tracker for newly minted mortgage assets [4]. Security Measures - The CEO emphasized that the initiative aims to improve transparency and efficiency while enabling new products, highlighting advanced security measures to protect client data throughout the mortgage lifecycle [5][6]. - The platform provides over $2.2 billion (C$3 billion) annually in funding and operates a Canadian mortgage brokerage network, utilizing cloud-based tools and AI-driven systems for brokers [6].

Financial Performance - For the fiscal year ended August 31, 2025, the company generated approximately $1.599 billion in residential mortgage loan originations, an increase of $70 million, or approximately 4.6% year-over-year[294]. - The company's net loss for the year was approximately $3.538 million, an improvement from a net loss of $4.093 million in the prior fiscal year, primarily due to higher funded mortgage volumes and efficiency gains from technology investments[295]. - Gross billings increased from $16.264 million for the fiscal year ended August 31, 2024, to $17.431 million for the fiscal year ended August 31, 2025, representing a year-over-year increase of approximately 7.18%[312]. - Revenue for the year ended August 31, 2025, was $2.987 million, compared to $2.689 million for the year ended August 31, 2024, representing an increase of $297,836, or 11.08% year-over-year[313]. - The Company recorded a loss from operations of $2.948 million for the fiscal year ended August 31, 2025, an improvement of approximately $0.877 million or 22.93% year-over-year[336]. - The net loss for the fiscal year ended August 31, 2025, was $3.638 million, compared to a net loss of $4.103 million for the fiscal year ended August 31, 2024, representing an improvement of $464,194, or 11.31%[340]. Cost Management - The cost of gross billing, primarily commission expense, increased from $14.896 million in fiscal 2024 to $15.827 million in fiscal 2025, reflecting a 6.25% increase year-over-year[315]. - Selling, general, and administrative (SG&A) expenses decreased by $128,281, or 5.38%, from $2,382,225 in fiscal 2024 to $2,253,944 in fiscal 2025, reflecting a focus on cost management and operational efficiency[318]. - Software subscription expenses decreased by $151,636, or 16.87%, to $747,234 in fiscal 2025, due to optimization of technology infrastructure and consolidation of third-party software tools[319]. - Salaries, wages, and benefits decreased by $791,759, or 32.49%, from $2,436,783 in fiscal 2024 to $1,645,024 in fiscal 2025, driven by organizational streamlining efforts[331]. - The company continues to balance growth in gross billings with disciplined cost management through enhanced automation and agent-performance analytics[316]. Cash Flow and Liquidity - Net cash used in operating activities was $946,820 for the fiscal year ended August 31, 2025, compared to $1,708,261 for the fiscal year ended August 31, 2024, an improvement of $761,441[356]. - Cash at the end of the period increased to $2,117,371 from $580,356, reflecting improved liquidity[352]. - The Company has incurred recurring operating losses and continues to experience negative cash flows from operations, raising substantial doubt about its ability to continue as a going concern[354]. - Net cash provided by financing activities increased to $3,458,306 in fiscal 2025 from $2,912,627 in fiscal 2024, primarily due to additional borrowings to fund working capital and technology investments[357]. - Net cash used in investing activities decreased to $944,187 in fiscal 2025 from $1,117,390 in the prior year, mainly for the capitalization of internally developed software and enhancements to the Pineapple Plus platform[358]. - The company's cash balance improved to $2,117,371 as of August 31, 2025, compared to $580,356 in the prior year, reflecting a year-over-year increase of approximately $1.54 million[359]. - Total current assets rose to $2,319,595 as of August 31, 2025, up from $893,490 in the previous year, indicating a year-over-year improvement of approximately $1.43 million[363]. Technology and Innovation - The company advanced its technology capabilities through the continued development of its proprietary Pineapple Plus platform, contributing to higher productivity per agent and stronger client engagement[292]. - Subscription revenue remained stable, reflecting continued adoption and usage of the company's Pineapple Plus platform[313]. - The company invested approximately $11.4 million in Injective digital assets, which management believes may generate future economic benefits depending on market performance[362]. Market Conditions - Early fourth-quarter indicators reflected increased application activity and lead generation, positioning the company to benefit from a gradual recovery in mortgage activity heading into fiscal 2026[293]. - The Bank of Canada's monetary policy easing, reducing the policy rate from 5.00% in mid-2024 to 3.25% by August 31, 2025, contributed to improved affordability and renewed consumer confidence[312]. Future Outlook - The company expects existing cash resources to be sufficient to meet operating needs for at least the next 12 months and support strategic growth initiatives[361]. - The company plans to access additional capital through the Injective Digital Asset Treasury Initiative, expecting to realize $2.1 million held in escrow upon the filing of the Company's Form S-1[362]. - The company's liquidity position is supported by disciplined spending and operational efficiencies, ensuring sufficient resources to meet short-term obligations and support near-term growth initiatives[366].

Core Insights - Pineapple Financial Inc. reported FY 2025 revenue of $3.0 million, a 10% increase from $2.7 million in FY 2024 [1] - The company is recognized as a pioneer in modernizing the Canadian mortgage industry, focusing on technology-driven solutions [3] Financial Performance - Gross Billings reached $17.4 million, up 7.1% from $16.3 million in the previous year [8] - Revenue rose 11.1% to $3.0 million compared to $2.7 million in FY 2024 [8] - Total Expenses declined 8.9% to $5.9 million, down from $6.5 million last year [8] - Loss from operations decreased from $3.8 million to $2.9 million, representing a 22.9% reduction [4][8] - Net Cash Used in Operations improved significantly to $0.9 million, from $1.7 million in the same period last year [8] - Cash on Hand was $2.1 million as of August 31, 2025, compared to $0.6 million at the same date in 2024 [8] Strategic Developments - Pineapple launched a $100 million Injective Digital Asset Treasury strategy, positioning itself as the world's largest publicly traded holder of INJ tokens [5][6] - The company has strengthened its fiscal governance framework and capital management, leading to improved financial discipline [4][5] - The Injective Foundation and its co-founders invested in the initiative, indicating strong confidence in Pineapple's vision [6] Market Outlook - The Canadian mortgage market remains resilient, with over $1.8 trillion in outstanding residential mortgage credit as of 2025 [9] - Demand in the market is supported by population growth, multigenerational purchasing trends, and constrained housing supply [9]

Core Insights - Pineapple Financial Inc. has established a Digital Asset Treasury Advisory Board to enhance its strategy of becoming the largest holder and staker of Injective ($INJ) and a leading on-chain mortgage finance platform [1][3] - The Advisory Board includes three members from the Injective Foundation, bringing significant expertise in blockchain technology and decentralized finance [2][3] Group 1: Advisory Board Formation - The newly formed Advisory Board consists of Eric Chen, Mirza Uddin, and Cooper Emmons, who have extensive backgrounds in blockchain and decentralized finance [2][3] - The formation of the Advisory Board is a strategic move following Pineapple's $100 million Injective DAT strategy launched in September 2025 [3] Group 2: Company Strategy and Goals - Pineapple aims to integrate Injective's decentralized financial infrastructure into its mortgage and financial technology operations [3] - The company is focused on bridging fintech and decentralized finance, positioning itself as a first-mover in the Injective ecosystem [3] Group 3: Company Background - Pineapple Financial Inc. is a prominent fintech platform and Canadian mortgage brokerage network, dedicated to enhancing the success of agents and brokers while improving homeowner experiences [4] - The company utilizes advanced cloud-based tools and AI-driven systems to support brokers in helping Canadians achieve homeownership [4]

Core Insights - Crypto.com and Pineapple Financial have formed a strategic partnership to enhance Pineapple's $100 million Injective digital asset treasury strategy, marking Pineapple as the first publicly traded company to hold INJ [1][2] - The partnership will enable institutional custody and staking for Pineapple's INJ holdings, ensuring compliance and scalability in treasury operations [2][4] - Pineapple Financial aims to bridge institutional finance with blockchain technology through its Injective Digital Asset Treasury program, having recently acquired approximately $8.9 million worth of INJ [2][3] Company Overview - Crypto.com is recognized for its regulatory compliance, security, and privacy, aiming to accelerate cryptocurrency adoption [5] - Pineapple Financial is a leading Canadian fintech platform and mortgage brokerage network, focusing on innovative tools and community engagement [6] Industry Implications - The partnership positions Pineapple Financial as an early mover in the asset tokenization market, which is projected to be worth trillions of dollars [3] - The collaboration emphasizes the integration of blockchain technology into traditional finance, highlighting a trend towards responsible innovation in the digital asset space [2][3]