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BALCAO · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Pineapple Express Cannabis Co. PNXP

7 fiscal years on record · USD · FY2024 reported · SEC filings only
$16,168
$-31,153

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Our business model includes identifying and developing early-stage companies that operate in these sectors, providing both capital and operational guidance. Until January 2025, the Company's principal operating asset was a 50% equity interest in Pineapple Consolidated Inc. ("PCI"), a California-based cannabis retail operator. On March 5, 2025, subsequent to the end of the fiscal year, the Company completed the acquisition of a majority voting interest in GROOVY Company, Inc. ("GROOVY"), a Wyoming corporation and developer of a centralized, blockchain-based Platform as a Service (PaaS) tailored for the cannabis industry. GROOVY's platform, built on Hyperledger Fabric, delivers product authentication, intellectual property protection, and seed-to-sale traceability solutions. This strategic acquisition marks the Company's entry into blockchain-driven authentication and supply chain transparency for the regulated cannabis sector, positioning it at the intersection of cannabis, compliance technology, and Web3 infrastructure.

Written from the business description in Pineapple Express Cannabis Company's annual report to the U.S. Securities and Exchange Commission, filed 16 May 2025. Every sentence was checked against that document before publication.

Growth

USD 16,168.00
Revenue, FY2024 · full 7-year series below
Revenue $ Net income $
FY2024 · Revenue 16168.0 · Net income -31153.0
15000.030000.0-25000.0-50000.0
201820212024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2022 · Operating -303.0% · Net -825.3%
-500%
201820212024
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks

Total assetsUSD 0.00
CashUSD 0.00
Current ratio0.00×

Not available: we don't have the total debt figure for this period.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
PNXP, 7-year financial record
Metric 2024202320222021202020192018
Revenue $B0.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.00.0−0.0◌
EBITDA $B◌−0.0−0.0−0.00.0−0.0◌
Income tax $B0.00.0◌◌◌◌◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $◌−0.010.000.000.000.000.00
Dividend / sh $◌◌◌◌◌◌30.00
Payout % — not applicable: no dividend———————
ROE % — not applicable: negative equity———————
Shares out B◌0.020.020.000.000.000.00

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 4 failures in 25 reconciliationsAUDITED

Reconciled in 5 of the 7 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency4 failures
ActivityServices-Prepackaged Software
Listed onOTC market
Incorporated inNevada
Fiscal year endsJanuary 31
SEC categorysmaller reporting company
Data on record since2018

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