Filing Flows › Pineapple Financial (PAPL) › Q1 2025
Pineapple Financial (PAPL) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 14, 2025
Pineapple Financial (PAPL) reported revenue of $743K for the first quarter 2025 (Q1 2025), -5% from a year earlier and -3% from the quarter before. Operating margin was -80.6%, net loss $595K (80.1% of revenue).
Pineapple Financial, Q1 2025: revenue $743K (-5% year over year), operating margin -80.6%, net loss $595K, operating cash flow −$173K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $743K | -3% | -5% |
| Operating profit | −$599K | — | — |
| Net earnings | −$595K | — | — |
| Operating cash flow | −$173K | — | — |
What changed
Revenue was $743K in Q1 2025, down 5% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $599K, an operating margin of -80.6%. Total costs fell 7% while revenue fell 5%. The fastest-growing cost line was Cost of revenue (+22%). The quarter ended with a net loss of $595K, narrower than the previous quarter's $657K loss.
Operating cash flow was −$173K. Non-cash charges added back $381K of depreciation and amortization. Working capital and other items added $42K.
Questions
What was Pineapple Financial's revenue in the first quarter 2025?
Pineapple Financial (PAPL) reported revenue of $743K for the first quarter 2025 (Q1 2025), -5% from a year earlier and -3% from the quarter before.
Was Pineapple Financial profitable in the first quarter 2025?
Operating loss was $599K (-80.6% of revenue) and net loss $595K.