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PineappleONE's Advanced Analytics Set to Drive Significant Revenue Growth

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Pineapple Financial Inc. (NYSE American: PAPL) has launched a real-time insights module within its PineappleONE deal management system. This advancement is expected to drive significant growth in Pineapple's gross revenue and net profit margin over the next 12 months. The system leverages advanced analytics to automate complex mortgage calculations, enabling brokers to provide personalized solutions and enhance client experience.

The timing is important as Canada's mortgage market faces a surge in renewals, with 13% of mortgages renewing in 2024, 23% in 2025, and 31% in 2026. PineappleONE's enhanced capabilities position the company to capitalize on this trend, potentially increasing deal closures, client retention, and market share.

Pineapple Financial Inc. (NYSE American: PAPL) ha lanciato un modulo di analisi in tempo reale all'interno del suo sistema di gestione delle offerte PineappleONE. Questo progresso dovrebbe portare a una crescita significativa del fatturato lordo e del margine di profitto netto di Pineapple nei prossimi 12 mesi. Il sistema sfrutta analisi avanzate per automatizzare calcoli complessi sui mutui, consentendo ai broker di fornire soluzioni personalizzate e migliorare l'esperienza del cliente.

Il momento è cruciale poiché il mercato dei mutui canadese sta affrontando un aumento delle rinnovazioni, con il 13% dei mutui che si rinnoverà nel 2024, il 23% nel 2025 e il 31% nel 2026. Le capacità potenziate di PineappleONE pongono l'azienda nella posizione ideale per sfruttare questa tendenza, aumentando potenzialmente le chiusure di affari, la fidelizzazione dei clienti e la quota di mercato.

Pineapple Financial Inc. (NYSE American: PAPL) ha lanzado un módulo de análisis en tiempo real dentro de su sistema de gestión de ofertas PineappleONE. Este avance se espera que impulse un crecimiento significativo en el ingreso bruto y el margen de beneficio neto de Pineapple durante los próximos 12 meses. El sistema utiliza análisis avanzados para automatizar cálculos complejos de hipotecas, permitiendo a los corredores proporcionar soluciones personalizadas y mejorar la experiencia del cliente.

El momento es importante, ya que el mercado hipotecario de Canadá enfrenta un aumento en las renovaciones, con el 13% de las hipotecas renovándose en 2024, el 23% en 2025, y el 31% en 2026. Las capacidades mejoradas de PineappleONE posicionan a la empresa para capitalizar esta tendencia, aumentando potencialmente el cierre de tratos, la retención de clientes y la cuota de mercado.

Pineapple Financial Inc. (NYSE American: PAPL)는 자사의 거래 관리 시스템 PineappleONE에 실시간 인사이트 모듈을 출시했습니다. 이 발전은 향후 12개월 동안 Pineapple의 총 수익 및 순이익률에서 상당한 성장을 이끌 것으로 기대됩니다. 이 시스템은 고급 분석을 활용하여 복잡한 주택담보대출 계산을 자동화하여 중개인들이 개인화된 솔루션을 제공하고 고객 경험을 향상시킬 수 있도록 합니다.

캐나다의 주택담보대출 시장이 재계약 급증을 맞이하고 있는 시점이 중요합니다. 2024년에 13%, 2025년에 23%, 2026년에 31%의 주택담보대출이 재계약 될 예정입니다. PineappleONE의 향상된 기능은 회사가 이 트렌드를 활용할 수 있도록 하여 거래 성사, 고객 유지 및 시장 점유율을 잠재적으로 증가시킬 수 있습니다.

Pineapple Financial Inc. (NYSE American: PAPL) a lancé un module d'analyses en temps réel au sein de son système de gestion des affaires PineappleONE. Cette avancée devrait entraîner une croissance significative du chiffre d'affaires brut et de la marge bénéficiaire nette de Pineapple au cours des 12 prochains mois. Le système exploite des analyses avancées pour automatiser les calculs complexes des prêts hypothécaires, permettant ainsi aux courtiers de fournir des solutions personnalisées et d'améliorer l'expérience client.

Le moment est important car le marché hypothécaire canadien fait face à une augmentation des renouvellements, avec 13% des hypothèques renouvelées en 2024, 23% en 2025, et 31% en 2026. Les capacités améliorées de PineappleONE positionnent l'entreprise pour tirer parti de cette tendance, ce qui pourrait potentiellement augmenter les clôtures de contrats, la rétention des clients et la part de marché.

Pineapple Financial Inc. (NYSE American: PAPL) hat ein Echtzeit-Analyse-Modul innerhalb seines Deal-Management-Systems PineappleONE eingeführt. Diese Fortschritt wird voraussichtlich ein signifikantes Wachstum im Bruttoumsatz und Nettogewinnmarge von Pineapple in den nächsten 12 Monaten vorantreiben. Das System nutzt erweiterte Analysen, um komplexe Hypothekenberechnungen zu automatisieren, was es den Maklern ermöglicht, personalisierte Lösungen anzubieten und das Kundenerlebnis zu verbessern.

Der Zeitpunkt ist entscheidend, da sich der kanadische Hypothekenmarkt einem Anstieg der Verlängerungen gegenübersieht, mit 13% der Hypotheken, die 2024, 23% 2025 und 31% 2026 erneuert werden. Die verbesserten Fähigkeiten von PineappleONE positionieren das Unternehmen, um von diesem Trend zu profitieren, was potenziell die Abschlussquoten, die Kundenbindung und den Marktanteil erhöhen kann.

Positive
  • Launch of real-time insights module expected to drive substantial growth in gross revenue and net profit margin
  • Advanced analytics automate complex mortgage calculations, enhancing broker efficiency and client experience
  • Strategically positioned to capitalize on upcoming surge in Canadian mortgage renewals
  • Potential for increased deal closures, higher client retention, and expanded market share
Negative
  • Higher mortgage rates compared to pre-pandemic levels may challenge some homeowners

Insights

PineappleONE's new real-time insights module represents a significant technological advancement in the mortgage brokerage industry. The timing is crucial, aligning with the expected surge in mortgage renewals across Canada. With $2 trillion in outstanding mortgage debt and 67% of mortgages set to renew between 2024-2026, this positions Pineapple for substantial revenue growth.

The platform's advanced analytics, automating complex calculations and providing instant comparative scenarios, should drive higher conversion rates and increased market share. This efficiency boost could translate to improved profit margins. However, the actual impact on financials remains to be seen and investors should monitor upcoming quarterly reports for concrete evidence of revenue growth and margin expansion.

PineappleONE's real-time insights module represents a leap in fintech innovation for the mortgage industry. The platform's ability to process complex data in real-time and generate sophisticated financial scenarios demonstrates advanced machine learning and data analytics capabilities. This level of automation and precision in mortgage calculations is a game-changer, potentially reducing human error and increasing operational efficiency.

The system's comprehensive approach, including liability control, interest-only scenarios and multi-mortgage comparisons, showcases a robust backend architecture. However, as with any new tech rollout, potential challenges in scalability and data security should be closely monitored. The success of this platform could position Pineapple as a leader in mortgage fintech, but its long-term competitive advantage will depend on continuous innovation and adaptation to market needs.

The launch of PineappleONE's real-time insights module is strategically timed to capitalize on the imminent wave of mortgage renewals in Canada. With 13%, 23% and 31% of mortgages set to renew in 2024, 2025 and 2026 respectively, Pineapple is positioning itself to capture a significant portion of this market.

The platform's ability to provide personalized, data-driven solutions addresses a critical market need as borrowers face potential increases in payment obligations. This could lead to increased client retention and market share expansion. However, success will depend on effective broker adoption and the platform's ability to deliver tangible benefits to clients. Competitors may also develop similar tools, potentially eroding Pineapple's competitive advantage. Investors should monitor user adoption rates and market share growth in the coming quarters to gauge the true impact of this technological investment.

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple"), a leading fintech, today announced the launch of a real-time insights module within its proprietary deal management system, PineappleONE. This advancement strategically positions Pineapple and its brokers to capitalize on the upcoming surge in mortgage renewals across Canada.

The introduction of this real-time insights module is expected to drive substantial growth in Pineapple's gross revenue and net profit margin over the next 12 months. By equipping mortgage brokers with the tools to offer timely, data-driven solutions, PineappleONE is designed to enhance broker efficiency, reduces client churn, and captures a larger share of the mortgage market during this renewal wave. This ability to provide precise, personalized solutions at scale directly contributes to increased deal closures, higher client retention, and expanded market share, all of which are key drivers of Pineapple's projected revenue growth.

PineappleONE leverages advanced analytics to automate and refine intricate mortgage calculations, including liability control, interest-only scenarios, and multi-mortgage comparisons. The system's real-time data processing allows brokers to instantly generate precise, side-by-side financial scenarios that encompass complex factors such as compounding options, debt consolidation impacts, and comprehensive equity analysis. With these sophisticated tools, brokers can deliver highly personalized, professional reports that detail potential savings, cash flow enhancements, and optimized refinancing strategies. This depth of insight not only elevates the client experience but also drives higher broker productivity and conversion rates, ultimately leading to significant revenue growth for Pineapple.

Market Conditions and Strategic Positioning

Canada's mortgage landscape is at a pivotal moment as mortgage rates begin to decrease, with the majority of existing mortgage borrowers-approximately 70% of the over $2 trillion in outstanding mortgage debt-facing imminent maturities. The market is on the brink of significant renewal activity, with 13% of mortgages set to renew in 2024, 23% in 2025, and 31% in 2026. Despite rates remaining higher than pre-pandemic levels, many homeowners will encounter increased payment obligations. PineappleONE's new real-time insights empower brokers to identify optimal refinancing and renewal strategies, enabling clients to effectively navigate these financial challenges.

"We believe as the Canadian mortgage market braces for the upcoming renewal spikes, PineappleONE's enhanced capabilities provide a competitive edge," said Kendall Marin, President and COO of Pineapple Financial. "The platform's ability to deliver real-time insights positions Pineapple brokers as trusted advisors, enabling them to offer superior service during a period of heightened borrower demand."

"Our commitment to innovation and technology is what we believe sets Pineapple apart in the Canadian mortgage industry," said Shubha Dasgupta, CEO of Pineapple Financial. "The launch of this real-time insights module underscores our dedication to equipping our brokers with the best tools available, helping to ensure they can continue to deliver exceptional value to our clients and drive sustainable growth for our company."

*SOURCE: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-forget-rate-relief-most-canadians-are-about-to-see-their-mortgage/

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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, including, but not limited to, the Company's proposed Offering. 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, including the expectation that the Offering will be successfully completed. 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 registration statement and other 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/219990

FAQ

What new feature has Pineapple Financial (PAPL) launched in its PineappleONE system?

Pineapple Financial (PAPL) has launched a real-time insights module within its PineappleONE deal management system, leveraging advanced analytics to automate complex mortgage calculations and provide personalized solutions.

How is the new PineappleONE feature expected to impact Pineapple Financial's (PAPL) revenue?

The new real-time insights module is expected to drive substantial growth in Pineapple Financial's (PAPL) gross revenue and net profit margin over the next 12 months by enhancing broker efficiency and capturing a larger share of the mortgage market.

What percentage of Canadian mortgages are set to renew in 2024, 2025, and 2026?

According to the press release, 13% of Canadian mortgages are set to renew in 2024, 23% in 2025, and 31% in 2026, presenting a significant opportunity for Pineapple Financial (PAPL).

How does PineappleONE's new feature help brokers during the upcoming mortgage renewal surge?

PineappleONE's new real-time insights module empowers brokers to identify optimal refinancing and renewal strategies, enabling them to offer superior service and personalized solutions during the period of heightened borrower demand.

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