Pineapple Financial Inc.
For the period ended Feb 28, 2026. Filed Apr 13, 2026.
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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.
Feb 28, 2026 · Filed Apr 13, 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 Balance Sheets - Unaudited
For the six month period ended February 28, 2026
| As at: · February 28, 2026 · August 31, 2025 | |||
|---|---|---|---|
| $ · $ | |||
| Assets | |||
| Current assets | |||
| Cash | 17,736,423 | 2,117,371 | |
| Restricted cash | 158,659 | - | |
| Trade and other receivables | 213,560 | 92,223 | |
| Loans receivable | Note 12 | 5,000,000 | - |
| Prepaid expenses and deposits | 246,820 | 110,001 | |
| Total current assets | 23,355,462 | 2,319,595 | |
| Investment | Note 4 | 9,931 | 9,733 |
| Crypto assets | Note 6 | 22,427,134 | - |
| Right-of-use asset - net | Note 10 | 480,211 | 530,163 |
| Property and equipment - net | 43,475 | 61,957 | |
| Intangible assets - net | Note 5 | 2,556,388 | 2,495,773 |
| Total Assets | 48,872,601 | 5,417,221 | |
| Liabilities and Shareholders’ Equity | |||
| Current liabilities | |||
| Accounts payable and accrued liabilities | 1,030,117 | 2,125,160 | |
| Loans payable | Note 12 | 18,972,000 | - |
| Deferred revenue | 98,992 | 108,552 | |
| Derivative liability | Note 18 | 18,730 | - |
| Loans from directors | - | 629,120 | |
| Current portion of lease liability | Note 10 | 146,296 | 138,859 |
| Total current liabilities | 20,266,135 | 3,001,691 | |
| Deferred government incentive | Note 13 | 266,229 | 314,998 |
| Lease liability | Note10 | 498,109 | 561,100 |
| Warrant liability | Note 7 | 743,188 | 632,753 |
| Total liabilities | 21,773,661 | 4,510,542 | |
| Shareholders’ Equity | |||
| Common shares (*), no par value; unlimited authorized; 26,088,651 issued and outstanding shares as of February 28, 2026 and 1,340,941 as at August 31, 2025. | Note 6 | 63,038,590 | 11,621,468 |
| Common shares to be issued | 88,136 | 88,136 | |
| Additional paid-in capital | Note 6,7 | 3,102,814 | 3,102,814 |
| Accumulated other comprehensive loss | 196,778 | (509,300) | |
| Accumulated deficit | (39,327,378) | (13,396,439) | |
| Total stockholders’ equity | 27,098,940 | 906,679 | |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 48,872,601 | 5,417,221 | |
Description of business (note 1)
Going concern (note 1)
Contingencies and commitments (note 14)
Approved on behalf of Board of Directors
| “Shuba Dasgupta” | “Drew Green” |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.