Pineapple Financial Inc.
For the period ended Nov 30, 2025. Filed Jan 21, 2026.
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, 2025 · Filed Jan 21, 2026
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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Condensed Interim Consolidated Statements of Cash Flow – Unaudited
For the three month ended November 30, 2025
| For the three months ended: · November 30, 2025 · November 30, 2024 | |||
|---|---|---|---|
| $ · $ | |||
| Cash provided by (used for) the following activities | |||
| Operating activities | |||
| Net loss for the year | (6,435,085) | (656,894) | |
| Adjustments for the following non-cash items: | |||
| Depreciation of property and equipment | 10,611 | 21,618 | |
| Bad debt written off | 7,154 | - | |
| Amortization of intangible assets | Note 5 | 182,493 | 131,030 |
| Depreciation on right of use asset | Note 9 | 29,696 | 32,874 |
| Interest expense on lease liability | Note 9 | 10,096 | 13,921 |
| Change in fair value of warrant liability | Note 7 | (97,430) | (31,532) |
| Fair value loss on crypto assets | Note 10 | 6,140,379 | - |
| Foreign exchange gain (loss) | - | (5,089) | |
| Net changes in non-cash working capital balances: | |||
| Trade and other receivables | (58,663) | (27,302) | |
| Prepaid expenses and deposits | (56,974) | 2,928 | |
| Accounts payable and accrued liabilities | (123,226) | (33,677) | |
| Deferred government incentive | (28,241) | (45,236) | |
| Deferred revenue | (70,555) | (66,238) | |
| Net cash used in operating activities | (489,745) | (663,597) | |
| Financing activities | |||
| Share capital issuance | Note 6 | 15,000 | 168,050 |
| Additional share capital issued | - | 563,781 | |
| Proceed from director’s loan | - | 525,000 | |
| Proceed from warrant exercise | (3) | - | |
| Repayment of loan | - | (15,196) | |
| Proceed from loan payable | Note 11 | 11,983,087 | - |
| Repayment of lease obligations | Note 9 | (43,979) | (53,599) |
| Net cash provided by financing activity | 11,954,105 | 1,188,036 | |
| Investing activities | |||
| Additions to intangible assets | Note 5 | (208,905) | (282,298) |
| Additions to property and equipment | (1,923) | - | |
| Purchase of crypto assets | Note 11 | (11,896,002) | - |
| Net cash used in investing activity | (12,106,830) | (282,298) | |
| Net change in cash | (642,470) | 242,141 | |
| Effect of changes in foreign exchange rates | 4,266 | (202,916) | |
| Cash, beginning of year | 2,117,371 | 580,356 | |
| Cash, end of year | 1,479,167 | 619,581 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.