Pineapple Financial Inc
For the period ended Nov 30, 2024. Filed Jan 21, 2025.
View on SEC.govAbout this filing
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, 2024 · Filed Jan 21, 2025
PAPL$0.98+3.1%Stored close · as of Oct 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows (unaudited)
Condensed Interim Consolidated Statements of Cash Flow - Unaudited
| Three Months Ended | |||
|---|---|---|---|
| November 30, 2024 · November 30, 2023 | |||
| For the period ended: · (Unaudited) · (Unaudited) | |||
| $ · $ | |||
| Cash provided by (used for) the following activities | |||
| Operating activities | |||
| Net loss for the three months | (656,894) | (897,757) | |
| Adjustments for the following non-cash items: | |||
| Depreciation of property and equipment | Note 5 | 21,618 | 15,067 |
| Amortization of intangible assets | Note 6 | 131,030 | 89,483 |
| Depreciation on right of use asset | Note 10 | 32,874 | 32,877 |
| Interest expense on lease liability | Note 10 | 13,921 | (16,179) |
| Change in fair value of warrant liability | (31,532) | (10,740) | |
| Foreign exchange gain (loss) | (5,089) | (10,691) | |
| Net changes in non-cash working capital balances: | |||
| Trade and other receivables | (27,302) | (112,290) | |
| Prepaid expenses and deposits | 2,928 | 11,974 | |
| Accounts payable and accrued liabilities | (33,677) | (124,526) | |
| Deferred government incentive | (45,236) | - | |
| Deferred revenue | (66,238) | - | |
| Net cash used in operating activities | (663,597) | (1,022,782) | |
| Financing activities | |||
| Share capital issuance | Note 7 | 168,050 | 2,731,658 |
| Additional share capital issued | 563,781 | - | |
| Proceed from loan | Note 17 | 525,000 | 87,369 |
| Repayment of loan | (15,196) | - | |
| Repayment of lease obligations | Note 10 | (53,599) | (40,633) |
| Net cash provided by financing activity | 1,188,036 | 2,778,394 | |
| Investing activities | |||
| Additions to intangible assets | Note 6 | (282,298) | (266,825) |
| Additions to property and equipment | Note 5 | - | (2,032) |
| Net cash used in investing activity | (282,298) | (268,857) | |
| Net change in cash | 242,141 | 1,486,755 | |
| Effect of changes in foreign exchange rates | (202,916) | 134,418 | |
| Cash, beginning of period | 580,356 | 720,365 | |
| Cash, end of the period | 619,581 | 2,341,537 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.