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Pineapple Financial Ranks Among Canada's Fastest-Growing Companies for Second Year, Boasting 166% Growth

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Pineapple Financial Inc. (NYSE American: PAPL) has been recognized among Canada's Fastest-Growing Companies for the second consecutive year by the Globe and Mail's Report on Business. The company achieved an impressive 166% growth over the past three fiscal years, securing a spot among 416 companies on the prestigious list.

This recognition highlights Pineapple's success in leveraging cutting-edge technology, empowering mortgage professionals, and expanding its presence across Canada. Despite challenges such as high interest rates and inflation, the company has demonstrated resilience and continued growth.

CEO Shubha Dasgupta emphasized the company's commitment to innovation and empowering its nationwide network of brokers. President Kendall Marin highlighted Pineapple's technological advancements, including PineappleONE, Maui AI, and Doc Genius, which solidify its position in the Canadian mortgage industry.

Pineapple Financial Inc. (NYSE American: PAPL) è stata riconosciuta tra le aziende in più rapida crescita del Canada per il secondo anno consecutivo dal Report on Business del Globe and Mail. L'azienda ha registrato una crescita impressionante del 166% negli ultimi tre anni fiscali, conquistando un posto tra 416 aziende in questa prestigiosa classifica.

Questo riconoscimento evidenzia il successo di Pineapple nel sfruttare tecnologie all'avanguardia, nel dare potere ai professionisti del settore mutui e nell'espandere la propria presenza in tutto il Canada. Nonostante le sfide come i tassi di interesse elevati e l'inflazione, l'azienda ha dimostrato resilienza e crescita continua.

Il CEO Shubha Dasgupta ha sottolineato l'impegno dell'azienda per l'innovazione e il supporto alla sua rete nazionale di broker. Il presidente Kendall Marin ha evidenziato i progressi tecnologici di Pineapple, tra cui PineappleONE, Maui AI e Doc Genius, che consolidano la sua posizione nell'industria dei mutui canadese.

Pineapple Financial Inc. (NYSE American: PAPL) ha sido reconocida entre las empresas de más rápido crecimiento en Canadá por segundo año consecutivo en el Reporte de Negocios del Globe and Mail. La compañía logró un impresionante 166% de crecimiento durante los últimos tres años fiscales, asegurando un lugar entre 416 empresas en esta prestigiosa lista.

Este reconocimiento resalta el éxito de Pineapple en aprovechar tecnología de vanguardia, empoderar a los profesionales de hipotecas y expandir su presencia en todo Canadá. A pesar de los desafíos como las altas tasas de interés y la inflación, la empresa ha demostrado resiliencia y un crecimiento continuo.

La CEO Shubha Dasgupta enfatizó el compromiso de la empresa con la innovación y el empoderamiento de su red de corredores en todo el país. El presidente Kendall Marin destacó los avances tecnológicos de Pineapple, incluyendo PineappleONE, Maui AI y Doc Genius, que consolidan su posición en la industria hipotecaria canadiense.

파인애플 파이낸셜 주식회사 (NYSE American: PAPL)는 Globe and Mail의 비즈니스 리포트에 의해 캐나다에서 가장 빠르게 성장하고 있는 기업 중 하나로 2년 연속 인정받았습니다. 이 회사는 지난 3개 회계 연도 동안 166% 성장을 기록하며, 416개 기업이 포함된 이 권위 있는 리스트에 자리를 확보했습니다.

이번 인정은 파인애플이 최첨단 기술을 활용하고, 모기지 전문가를 지원하며, 캐나다 전역에서의 입지를 확장하는 데 성공했음을 강조합니다. 높은 이자율과 인플레이션 등의 도전에도 불구하고, 이 회사는 회복력과 지속적인 성장을 보여주었습니다.

CEO 슈바 다스구타는 회사의 혁신과 전국의 중개인 네트워크를 강화하려는 의지를 강조했습니다. 대통령 켄달 마린은 PineappleONE, Maui AI, Doc Genius와 같은 파인애플의 기술 발전을 강조하며, 이러한 발전들이 캐나다 모기지 산업에서의 입지를 강화한다고 밝혔습니다.

Pineapple Financial Inc. (NYSE American: PAPL) a été reconnue parmi les entreprises à la croissance la plus rapide au Canada pour la deuxième année consécutive par le rapport sur les affaires du Globe and Mail. L'entreprise a réalisé une croissance impressionnante de 166% au cours des trois dernières années fiscales, obtenant une place parmi 416 entreprises sur cette prestigieuse liste.

Cette reconnaissance souligne le succès de Pineapple à tirer parti de technologies de pointe, à autonomiser les professionnels des hypothèques et à étendre sa présence à travers le Canada. Malgré des défis tels que des taux d'intérêt élevés et l'inflation, l'entreprise a démontré sa résilience et sa croissance continue.

Le PDG Shubha Dasgupta a souligné l'engagement de l'entreprise envers l'innovation et l'autonomisation de son réseau national de courtiers. Le président Kendall Marin a mis en avant les avancées technologiques de Pineapple, notamment PineappleONE, Maui AI et Doc Genius, qui renforcent sa position dans l'industrie hypothécaire canadienne.

Pineapple Financial Inc. (NYSE American: PAPL) wurde zum zweiten Jahr in Folge von der Globe and Mail's Report on Business unter den am schnellsten wachsenden Unternehmen Kanadas ausgezeichnet. Das Unternehmen erreichte ein beeindruckendes 166% Wachstum in den letzten drei Geschäftsjahren und sicherte sich somit einen Platz unter 416 Unternehmen auf dieser renommierten Liste.

Diese Anerkennung hebt den Erfolg von Pineapple hervor, modernste Technologie zu nutzen, den Hypothekenprofis Empowerment zu geben und ihre Präsenz in ganz Kanada auszubauen. Trotz Herausforderungen wie hohen Zinssätzen und Inflation hat das Unternehmen Belastbarkeit und kontinuierliches Wachstum gezeigt.

CEO Shubha Dasgupta betonte das Engagement des Unternehmens für Innovation und die Stärkung seines landesweiten Netzwerks von Maklern. Präsident Kendall Marin hob die technologischen Fortschritte von Pineapple hervor, einschließlich PineappleONE, Maui AI und Doc Genius, die die Position des Unternehmens in der kanadischen Hypothekenbranche festigen.

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Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a tech-driven mortgage brokerage with an extensive network of partner brokerages and agents across Canada, proudly announced its inclusion in the Report on Business (Globe and Mail) Ranking of Canada's Top Growing Companies for the second consecutive year.

The Globe and Mail list ranks Canadian companies based on three-year revenue growth, evaluating businesses across various sectors, including finance, technology, and retail. Pineapple Financial earned its place with a remarkable 166% growth over the past three fiscal years, securing a spot amongst 416 companies. This achievement highlights the company's ongoing success in an increasingly competitive market, reflecting its focus on leveraging cutting-edge technology, empowering mortgage professionals, and expanding its presence across Canada. In a rapidly evolving financial landscape, Pineapple continues to distinguish itself as a growth leader, setting new benchmarks for innovation, customer service, and broker partnerships.

"We are incredibly proud to be named to The Globe and Mail's Top Growing Companies list for the second year in a row," said Shubha Dasgupta, CEO and Founder of Pineapple Financial Inc. "This recognition underscores our team's unwavering commitment and perseverance, even amidst high interest rates, inflation, and subdued consumer sentiment. By focusing on innovation, empowering our people, and fostering strong partnerships through our nationwide network of brokers, Pineapple has not only navigated these challenges but has also achieved significant growth. We believe we are well-positioned to continue this momentum as market conditions improve, helping more mortgage professionals thrive, and more Canadians achieve their homeownership dreams. Together, we're shaping the future."

"Our excellence in technology and our relentless drive to push the boundaries-through innovations like PineappleONE, Maui AI, and Doc Genius-solidify our position as a key player in the Canadian mortgage industry. We will continue advancing and positively impacting Canadians from coast to coast," stated Kendall Marin, President and COO of Pineapple Financial Inc.

Canada's Top Growing Companies is an editorial ranking that launched in 2019 to spotlight the achievements of innovative businesses across the country. The ranking is designed to bring attention to Canada's most promising and fast-growing organizations, shining a light on sectors that are driving economic growth. To qualify for the list, companies must undergo a rigorous, multi-stage application process, which includes providing detailed financial reports and meeting strict growth criteria. Companies are measured based on their revenue performance over three years, and only the top companies are selected for inclusion. This year, 416 companies earned their spot on the prestigious list, representing a wide range of industries, with Pineapple Financial once again standing out as a pioneer in the mortgage industry, demonstrating resilience, adaptability, and continued innovation in the Canadian marketplace.

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About The Globe and Mail

The Globe and Mail is Canada's foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.2 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.7 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About Pineapple Financial Inc.

Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokerages, as well as the overall experience of homeowners. With approximately 700 brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs,. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.

Follow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage

Related Links:
https://gopineapple.com
http://empoweredbypineapple.com

Media Contact:
For media inquiries, please contact Alexandria Guo, Marketing Manager at Pineapple
Email: alexandria@gopineapple.com

Investor Relations Contact:
For investor relations inquiries, please contact Shubha Dasgupta, Chief Executive Officer, at Pineapple
Email: shubha@gopineapple.com
Phone: +1 (416) 669-2046

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225221

FAQ

What was Pineapple Financial's (PAPL) growth rate in the latest ranking?

Pineapple Financial (PAPL) achieved a remarkable 166% growth over the past three fiscal years, according to the Globe and Mail's Report on Business Ranking of Canada's Top Growing Companies.

How many times has Pineapple Financial (PAPL) been included in Canada's Top Growing Companies list?

Pineapple Financial (PAPL) has been included in the Globe and Mail's Top Growing Companies list for the second consecutive year in 2024.

What technological innovations has Pineapple Financial (PAPL) developed?

Pineapple Financial (PAPL) has developed technological innovations such as PineappleONE, Maui AI, and Doc Genius, which contribute to its position as a key player in the Canadian mortgage industry.

How many companies were included in the 2024 Canada's Top Growing Companies list?

The 2024 Canada's Top Growing Companies list included 416 companies, with Pineapple Financial (PAPL) securing a spot among them.

Pineapple Financial Inc.

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