Pineapple Financial Reports Q3 Fiscal 2025: Revenue Up 11.78%, Operating Loss Narrows 16.76%
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Pineapple Financial Inc. reported its Q3 Fiscal 2025 results, with revenue increasing by 11.78% to $2.26 million and gross billings rising 15.23% to $14.23 million. Operating loss narrowed by 16.76% to $1.99 million, while operating expenses decreased by 3.48%. The company improved net cash used in operations to $439,198 and had cash on hand of $1.13 million. A 1-for-20 reverse stock split was approved to meet NYSE American relisting requirements. Pineapple continues to trade on OTC Markets and has access to a $15 million equity line of credit.
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