Pineapple Financial Inc. (PTIV) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, PTIV scores 31 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are: Fundamental Cash Engine at 7/20 (ROIC of -35% and FCF yield of -4.28%); Whale 13F Flow at 8/20 (institutional accumulation and options positioning); Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 5/20 (Beta of 1.0 and sector sensitivity); and Forensic Balance Sheet at 8/20 (Altman Z of 2.5, Piotroski F of 3/9, Debt/Equity of 0.5). Every pillar sits in the weak range, and the two lowest scores, insider conviction and cash generation, point to the core difficulty: the company is burning cash and insiders are not showing conviction. For a prospective investor evaluating the stock today, the upside case rests on a sharp reversal in operating economics that the source data does not show. The valuation tradeoff is that a $0.88 price against a $22.1M market cap, with negative returns on capital, leaves little margin for error. The forensic scores imply that the balance sheet is not the primary source of safety, so the investment case depends on operating improvement that has not yet appeared in the reported figures.

Pineapple Financial Inc. is a NYSE-listed issuer classified in the Financials sector and the Finance: Consumer Services industry, per the profile section. The source data does not describe its products, customers, or revenue model beyond these classifications. The reported revenue of $3.0M for FY 2025 indicates an active operating business, but the source data does not specify the revenue streams that generate it.

Per the SEC financials, revenue rose from $2.5M in FY 2023 to $3.0M in FY 2025 while operating losses persisted in every period shown. Gross margin is 0% and operating and net margins are both -60% per the market data section. Per the Roarable RQD rating, ROIC is -35%, the Altman Z-Score is 2.5, and the Piotroski F-Score is 3/9. Debt/Equity is 0.5 per the same rating, though the reported debt figures in the financials are N/A.

The news section contains three items from Moomoo and one aggregator item, all tagged as market wire with a yellow signal. The first headline, "Pineapple Financial (PTIV) Stock Forecast & Analyst Ratings," and the second, "News On Pineapple Financial Inc. (PAPL) Now Under PTIV," both point to coverage of market action and institutional positioning, but their summaries are generic and do not state a fundamental catalyst. The second headline also references a ticker change from PAPL, which is a item to verify. The third item is labeled "Altimmune (ALT) Down -2.53%" with an "Insider Sentiment" tag, yet its summary references a non-company domain, and it does not describe any PTIV-specific insider transaction, so it should be treated as unreliable. Risk watch items include the -8.58% price change, volume of 31,227, and the 52-week low of $0.54 against a high of $4.77. The Butterfly supply-chain graph reports no supply chain links and no proprietary signals.

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with an empty list of butterfly links and no proprietary signals. The source data therefore identifies no upstream suppliers, downstream customers, or sector correlations for PTIV. For a prospective investor, the practical implication is that the sector-level ripple analysis cannot be performed from these sources. The only sector linkage available is the Financials classification and the Finance: Consumer Services industry label. Investors should watch for any disclosure of key counterparties or funding dependencies, since the absence of mapped links means concentration risk cannot be assessed.

• What are the company's products, customers, and revenue drivers, given that the source data gives only sector and industry labels?
• What are the cash and debt balances, since the reported cash and debt figures are N/A in every period?
• What is the basis for the reported EPS absence, and what are the current EPS and P/E figures?
• What caused the rise in revenue from $2.5M to $3.0M while losses persisted, and is there a path to positive operating income?
• Was the PAPL-to-PTIV transition a corporate action, and what does it mean for the shareholder base and historical price series?