Core Findings - PineappleONE platform adoption led to a 22.72% increase in loan origination, reaching $377 million in Q3 fiscal 2024 [1][3] - Brokers using PineappleONE experienced a 32% reduction in deal processing time due to advanced automation features [3] - Revenue increased by 20.43% in Q3 fiscal 2024, reaching $736,448 compared to $603,231 in the same period last year [4] Efficiency and Revenue Growth - Brokers fully adopting PineappleONE saw individual loan volumes increase by an average of 28% [6] - Top-performing brokers reported a 37.5% reduction in time spent per transaction [6] - Increased efficiency led to higher client satisfaction, referral rates, and repeat business [6] Platform Features and Impact - PineappleONE's automation capabilities include document management, automated lender submissions, and real-time client updates [4] - The platform has set a new standard in the mortgage industry by enhancing broker productivity and client outcomes [7] Future Plans and Innovation - Pineapple Financial plans to introduce AI-driven tools to optimize lead management and client retention [8] - The company aims to further enhance PineappleONE with additional features to increase automation and broker support [8] Company Overview - Pineapple Financial Inc is a leading Canadian fintech company with approximately 700 brokers in its network [9] - The company focuses on creating cutting-edge cloud-based tools and AI-driven systems to support brokers and homeowners [9]
PineappleONE Adoption Boosts Broker Efficiency, Leading to a 22.72% Increase in Loan Origination to $377 Million