Pineapple Energy Inc. financial data

Symbol
PEGY on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
10900 Red Circle Drive, Minnetonka, MN
State of incorporation
Minnesota
Fiscal year end
December 31
Former names
Pineapple Holdings, Inc. (to 4/8/2022), COMMUNICATIONS SYSTEMS INC (to 3/25/2022), COMMUNICATIONS SYSTEMS INC/MN (to 3/31/1995)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 67.3 % -37.5%
Quick Ratio 16.1 % -27.8%
Return On Equity -193 % -266%
Return On Assets -17.1 % +19.6%
Operating Margin -12.6 % +14.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.72M shares -14.5%
Common Stock, Shares, Outstanding 7.24M shares -27.8%
Entity Public Float 9.94M USD +4.99%
Common Stock, Value, Issued 362K USD -27.8%
Weighted Average Number of Shares Outstanding, Basic 6.27M shares +845%
Weighted Average Number of Shares Outstanding, Diluted 6.27M shares +845%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 64.5M USD -0.73%
Operating Income (Loss) -8.11M USD +14.9%
Nonoperating Income (Expense) -1.51M USD -143%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.62M USD -60.3%
Income Tax Expense (Benefit) 116K USD -129%
Net Income (Loss) Attributable to Parent -9.76M USD +30.4%
Earnings Per Share, Basic 0.42 USD/shares +52.6%
Earnings Per Share, Diluted 0.42 USD/shares +52.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.05M USD -57.2%
Accounts Receivable, after Allowance for Credit Loss, Current 4.76M USD -15.8%
Inventory, Net 3.23M USD -29.6%
Other Assets, Current 417K USD -19.8%
Assets, Current 12.2M USD -41.5%
Other Long-term Investments 250K USD -93.7%
Property, Plant and Equipment, Net 1.38M USD -5.18%
Operating Lease, Right-of-Use Asset 4.3M USD -9.06%
Intangible Assets, Net (Excluding Goodwill) 14.4M USD -20.3%
Goodwill 20.5M USD 0%
Other Assets, Noncurrent 39.2M USD -9.46%
Assets 52.9M USD -19.5%
Accounts Payable, Current 8.5M USD +30.4%
Employee-related Liabilities, Current 924K USD +1.67%
Contract with Customer, Liability, Current 1.41M USD -16.4%
Liabilities, Current 23.8M USD +1.88%
Contract with Customer, Liability, Noncurrent 327K USD -17.6%
Deferred Income Tax Liabilities, Net 41.6K USD
Operating Lease, Liability, Noncurrent 3.98M USD -9.49%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34.1K USD
Retained Earnings (Accumulated Deficit) -32.8M USD -41.4%
Stockholders' Equity Attributable to Parent -10.9M USD -146%
Liabilities and Equity 52.9M USD -19.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.65M USD -2010%
Net Cash Provided by (Used in) Financing Activities 545K USD +346%
Net Cash Provided by (Used in) Investing Activities 340K USD
Common Stock, Shares Authorized 7.5M shares -90%
Common Stock, Shares, Issued 7.24M shares -27.8%
Common Stock, Par or Stated Value Per Share 0.05 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.1M USD -725%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.13M USD -68.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 417K USD +417%
Deferred Tax Assets, Valuation Allowance 8.97M USD +36.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 10.3M USD +19.5%
Operating Lease, Liability 4.59M USD +9.69%
Payments to Acquire Property, Plant, and Equipment 105K USD +651%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -9.79M USD +29.8%
Lessee, Operating Lease, Liability, to be Paid 6.31M USD +4.12%
Property, Plant and Equipment, Gross 2.03M USD +57.2%
Operating Lease, Liability, Current 416K USD +10.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 703K USD +43.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 687K USD +43.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +15.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.73M USD -8.26%
Lessee, Operating Lease, Liability, to be Paid, Year Three 677K USD +36.1%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 3M shares 0%
Unrecognized Tax Benefits 43K USD -42.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 670K USD +32.4%
Additional Paid in Capital 21.5M USD -53.8%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 3.67M USD -16.4%
Depreciation, Depletion and Amortization 802K USD -41.8%
Deferred Tax Assets, Net of Valuation Allowance 1.33M USD -35.5%
Share-based Payment Arrangement, Expense 809K USD -12.3%
Interest Expense 0 USD
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%