PINEAPPLE FINANCIAL INC.

PAPL ·Financial, Credit Services
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021
Operating Activities
Net Income $-3.6M $-4.1M $-2.8M $-2.8M
Depreciation & Amortization $838.8K $441.2K
Depreciation $862.1K $838.8K $441.2K $255.9K
Amortization $592.9K $616.5K $265.2K
Stock-Based Compensation $235.0K $33.1K $723.2K $567.9K
Net Cash from Operating Activities $-946.8K $-1.7M $-2.1M $-1.8M
Investing Activities
Capital Expenditures $5.0K $62.1K $249.3K
Business Acquisitions
Net Cash from Investing Activities $-944.2K $-1.1M $-1.4M $-1.1M
Financing Activities
Dividends Paid
Stock Repurchases
Net Cash from Financing Activities $3.5M $2.9M $349.0K $-61.5K
Net Change in Cash
Free Cash Flow $-1.7M $-2.2M $-2.1M