Pineapple Financial (Pineapple Financial) COGS-to-Revenue : 0.69 (As of Feb. 2024)

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What is Pineapple Financial COGS-to-Revenue?

Pineapple Financial's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.54 Mil. Its Revenue for the three months ended in Feb. 2024 was $0.79 Mil.

Pineapple Financial's COGS to Revenue for the three months ended in Feb. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pineapple Financial's Gross Margin % for the three months ended in Feb. 2024 was 31.08%.

Pineapple Financial COGS-to-Revenue Historical Data

The historical data trend for Pineapple Financial's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pineapple Financial COGS-to-Revenue Chart

Pineapple Financial Annual Data

Trend

Aug21

Aug22

Aug23

COGS-to-Revenue

0.42

0.66

0.93

Pineapple Financial Quarterly Data
	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial					1.33	0.92	0.89	1.02	0.69

Pineapple Financial COGS-to-Revenue Calculation

Pineapple Financial's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.33	/	2.502
	=	0.93

Pineapple Financial's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.541	/	0.785
	=	0.69

Pineapple Financial (AMEX:PAPL) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Pineapple Financial's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.541 / 0.785
	=	31.08 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Pineapple Financial COGS-to-Revenue Related Terms

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Pineapple Financial (Pineapple Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1

Website

https://www.gopineapple.com

Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.