Pineapple Financial Inc
For the period ended Nov 30, 2023. Filed Jan 16, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2023 · Filed Jan 16, 2024
PAPL$0.98+3.1%Stored close · as of Oct 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss(unaudited)
Condensed Interim Consolidated Statements of Operations and Comprehensive Loss - Unaudited
| Three Months Ended | |||
|---|---|---|---|
| For the period ended: · November 30, 2023 (Unaudited) · November 30, 2022 (Unaudited) | |||
| Net Revenue | Note 16 | $569,355 | $892,024 |
| Expenses | |||
| Selling, general and administrative | Note 11 | 560,151 | 699,724 |
| Advertising and marketing | 133,470 | 121,567 | |
| Salaries, wages and benefits | 644,273 | 657,317 | |
| Interest expense and bank charges | 21,407 | 21,448 | |
| Depreciation | Note 5,6,10 | 137,427 | 88,368 |
| Government based incentive | Note 13 | (51,047) | - |
| Share-based compensation | Note 9 | - | 65,674 |
| Total expenses | $1,445,681 | $1,654,098 | |
| Loss from operations | |||
| Foreign exchange gain (loss) | (10,691) | - | |
| Change in fair value of warrant liability | Note 8 | (10,740) | - |
| Loss before income taxes | $(897,757) | $(762,073) | |
| Income taxes (recovery) expense | - | - | |
| Net loss | (897,757) | (762,073) | |
| Foreign currency translation adjustment | 24,578 | (73,232) | |
| Net loss and comprehensive loss | $(873,179) | $(835,305) | |
| Loss per share - basic and diluted ($) | (0.14) | (0.12) | |
| Weighted average number of common shares outstanding - basic and diluted | 6,566,594 | 6,306,979 | |
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