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MARKETS / PNXP
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
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
2000040000-20000-400002018201920202021202220232024
Compound annual growth
+27.8%
−17.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −17.7% a year over five years.

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
−193 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -104.3% · Net -192.7%
-500%2018201920202021202220232024
ROE

Not applicable: equity was 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
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 %·······
ROE %·······
Shares out B·0.020.020.000.000.000.00

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

Provenance
Company facts, as filed
How we verify · 4 failures in 25 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente4 failures
ActivityServices-Prepackaged Software
Listed onnot stated in the filings
Incorporated inNevada
Fiscal year endsJanuary 31
SEC categorysmaller reporting company
Data on record since2018

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