Pineapple Financial shares jump 37.63% intraday after Q1 results, $51.2M DAT valuation, and FY2026 guidance boost investor confidence.

Wednesday, Jan 21, 2026 12:14 pm ET1min read
PAPL--
Pineapple Financial Inc. surged 37.63% intraday following its Q1 2026 results and strategic updates, including a $51.2 million Digital Asset Treasury (DAT) valuation and FY2026 guidance of $17.5–20.8 million in gross billings. The company outlined plans to transition to an integrated operating model, enhance unit economics, and expand recurring revenue through initiatives like mortgage tokenization and the Pineapple Prime platform. Management also highlighted disciplined cost management and a target of 700–1,000 gross agents, signaling progress toward capital efficiency and positive operating income in 2026. These developments, combined with the DAT’s valuation, bolstered investor confidence, driving the sharp intraday rally.

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