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Pineapple Financial Inc. (PTIV)

Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions in Canada. It offers mortgage brokering services, including mortgage consultation, advise on various mortgage products offered by financial institutions, client access to rate information and mortgage options from lenders, and assistance in selecting mortgage solution. The company also provides back-office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portals, loan maintenance activities, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. In addition, it offers pre-underwriting support services comprising credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics; and insurance products, which include whole life, permanent life, critical illness, and credit insurance. Further, the company operates MyPineapple, a technology platform that allows users to conduct their brokerage services. It serves mortgage agents, brokers, sub-brokers, and brokerages and consumers. The company was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021. Pineapple Financial Inc. was incorporated in 2015 and is headquartered in North York, Canada.

Sector: Finance Services

Industry: Financial - Credit Services

Pineapple Financial Inc. logo

Pineapple Financial Inc.

NYSE:PTIVFinancial Services
Pre+0.00%$0.7488
Close$0.7488-14.47%AH$0.7488+0.00%vs close
Mkt Cap$18.92M
Float9.45M
O/S25.27M
Vol
$ Vol
RVOL
Inst Own-
Earnings
Dilution
Pineapple Financial Inc. logoNYSE:PTIVPre$0.7488+0.00%
About

Pineapple Financial Inc. operates as a mortgage technology and brokerage company in Canada.

The company offers mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers through data-driven systems together with cloud based tools.

The company also operates MyPineapple technology platform, which allows users to conduct their brokerage services.

In addition, it offers back office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portal, loan maintenance, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. Further, the company provides pre-underwriting support services, including credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics.

Additionally, it offers various insurance products, such as life, accident and disability, critical illness, and credit insurance. Pineapple Financial Inc. was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021.

The company was founded in 2016 and is based in North York, Canada.

Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$18.92M
Enterprise Value--
P/E Ratio-0.11
Est. Net Cash/Share--
Institutional Ownership--

based on 25.27M shares outstanding

SectorFinancial Services
IndustryFinancial - Mortgages
ExchangeNYSE American
CountryCACA
IPO DateNov 1, 2023
Shares Outstanding25.27M
Float9.45M
Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
1
HOLD
0
SELL
0
TOTAL1
Insider Trades
InsiderTypeShares
Dasgupta Shubha-Jeet profile photoDasgupta Shubha-JeetGrant/Award20.0K
Marin Kendall Leo profile photoMarin Kendall LeoGrant/Award20.0K
Marin Kendall Leo profile photoMarin Kendall LeoGrant/Award12.6K
Green Charles Andrew profile photoGreen Charles AndrewGrant/Award10.0K
Green Charles Andrew profile photoGreen Charles AndrewGrant/Award11.1K
Baron Paul Robert Maurice profile photoBaron Paul Robert MauriceGrant/Award2.5K
Shareholders
--
Institutional
(7)
--
Insiderⓘ
(2)
--
5%+ Owners
(2)
--
Unattributed (incl. retail)ⓘ
Sources: 13F, Form 4, 13D/13G
Insiders & Institutional Holders
52-Week Range
$0.5400$4.77
$0.7488(5th percentile)
Volume
Average Daily Volume124.49K
68.42K today vs 124.49K avg(-45%)

30d Avg

124.49K

60d Avg

119.05K

90d Avg

95.03K

Earnings
Dividend History
No dividend history available
Compliance Status
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