Pineapple Financial (PAPL) 10-Q 16 Jan 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Nov. 30, 2023	Jan. 12, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Nov. 30, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--08-31
Entity File Number	001-41738
Entity Registrant Name	PINEAPPLE FINANCIAL INC.
Entity Central Index Key	0001938109
Entity Tax Identification Number	00-0000000
Entity Incorporation, State or Country Code	Z4
Entity Address, Address Line One	Unit 200
Entity Address, Address Line Two	111 Gordon Baker Road
Entity Address, City or Town	North York
Entity Address, State or Province	ON
Entity Address, Postal Zip Code	M2H 3R1
City Area Code	(416)
Local Phone Number	669-2046
Title of 12(b) Security	Common Shares, no par value
Trading Symbol	PAPL
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,181,979

Condensed Interim Consolidated

Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)	Nov. 30, 2023	Aug. 31, 2023
Current assets
Cash	$ 2,341,537	$ 720,365
Trade and other receivables	871,279	758,988
Prepaid expenses and deposits	206,177	218,150
Total current assets	3,418,993	1,697,503
Investments	9,976	10,013
Right-of-use asset	923,450	960,377
Property and equipment	220,800	242,091
Intangible assets	1,851,519	1,718,954
Total Assets	6,424,738	4,628,938
Current liabilities
Accounts payable and accrued liabilities	469,552	605,319
Loan	517,467	430,098
Current portion of lease liability	144,446	138,372
Total current liabilities	1,131,465	1,173,790
Deferred government incentive	710,867	699,627
Lease liability	928,150	969,589
Warrant liability	37,848
Total liabilities	2,808,330	2,843,005
Shareholders’ Equity
Common shares, no par value; unlimited authorized; 7,181,979 issued and outstanding shares as of November 30, 2023 and 6,306,979 as at August 31, 2023.	7,606,685	4,903,031
Additional paid-in capital	2,955,944	2,955,944
Accumulated other comprehensive loss	(393,149)	(417,727)
Accumulated deficit	(6,553,072)	(5,655,315)
Total stockholders’ equity	3,616,408	1,785,933
TOTAL LIABILITIES AND STOCKHOLDERS’	$ 6,424,738	$ 4,628,938

Condensed Interim Consolidate_2

Condensed Interim Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	3 Months Ended	12 Months Ended
	Nov. 30, 2023	Aug. 31, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	Unlimited	Unlimited
Common stock, shares issued	7,181,979	6,306,979
Common stock, shares outstanding	7,181,979	6,306,979

Condensed Interim Consolidate_3

Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022
Income Statement [Abstract]
Net Revenue	$ 569,355	$ 892,024
Expenses
Selling, general and administrative	560,151	699,724
Advertising and marketing	133,470	121,567
Salaries, wages and benefits	644,273	657,317
Interest expense and bank charges	21,407	21,448
Depreciation	137,427	88,368
Government based incentive	(51,047)
Share-based compensation		65,674
Total expenses	1,445,681	1,654,098
Loss from operations
Foreign exchange gain (loss)	(10,691)
Change in fair value of warrant liability	(10,740)
Loss before income taxes	(897,757)	(762,073)
Income taxes (recovery) expense
Net loss	(897,757)	(762,073)
Foreign currency translation adjustment	24,578	(73,232)
Net loss and comprehensive loss	$ (873,179)	$ (835,305)
Loss per share - basic	$ (0.14)	$ (0.12)
Loss per share - diluted	$ (0.14)	$ (0.12)
Weighted average number of common shares outstanding - basic	6,566,594	6,306,979
Weighted average number of common shares outstanding - diluted	6,566,594	6,306,979

Condensed Interim Consolidate_4

Condensed Interim Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Aug. 31, 2022	$ 4,903,031	$ 2,922,853	$ (353,218)	$ (2,846,278)	$ 4,626,388
Share-based compensation		65,674			65,674
Foreign exchange translation			(73,232)		(73,232)
Net loss				(762,073)	(762,073)
Balance at Nov. 30, 2022	4,903,031	2,988,527	(426,450)	(3,608,351)	3,856,757
Balance at Aug. 31, 2023	4,903,031	2,955,944	(417,727)	(5,655,315)	1,785,933
Foreign exchange translation			24,578		24,578
Net loss				(897,757)	(897,757)
Shares issued on Initial Public offering on November 3, 2023	2,751,937				2,751,937
Warrants issued related to Initial Public Offering	(48,283)				(48,283)
Balance at Nov. 30, 2023	$ 7,606,685	$ 2,955,944	$ (393,149)	$ (6,553,072)	$ 3,616,408

Condensed Interim Consolidate_5

Condensed Interim Consolidated Statements of Cash Flow (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Aug. 31, 2023
Operating activities
Net (loss) income and comprehensive (loss) income	$ (897,757)	$ (762,073)
Adjustments for the following non-cash items:
Depreciation of property and equipment	15,067	15,556	$ 67,674
Depreciation of intangible assets	89,483	40,851
Depreciation on right of use asset	32,877	26,446	108,335
Interest expense on lease liability	(16,179)	(14,687)
Share-based compensation		65,674
Foreign exchange gain (loss)	(10,691)
Change in fair value of warrant liability	(10,740)
Net changes in non-cash working capital balances:
Trade and other receivables	(112,290)	(11,500)
Prepaid expenses and deposits	11,974	4,306
Accounts payable and accrued liabilities	(124,526)	(595,480)
Income taxes receivable		71,078
Net cash used in operating activities	(1,022,782)	(1,159,829)
Financing activities
Advances received from related parties Proceeds from the loan	87,369
Share capital issuance	2,731,658
Lease payments Repayment of lease obligations	(40,633)	(15,008)	(81,090)
Net cash provided by financing activity	2,778,394	(15,008)
Investing activities
Additions to intangible assets	(266,825)	(284,589)
Additions to property and equipment	(2,032)	(39,678)
Net cash used in investing activity	(268,857)	(324,267)
Net change in cash	1,486,755	(1,499,104)
Effect of changes in foreign exchange rates	134,418	(15,869)
Cash, beginning of period	720,365	3,896,839	3,896,839
Cash, end of period	$ 2,341,537	$ 2,381,866	$ 720,365

Description of business

Description of business	3 Months Ended
	Nov. 30, 2023
Accounting Policies [Abstract]
Description of business	1. Description of business Pineapple Financial Inc. (the” Company”) is a leader in the Canadian mortgage industry, breaking the mold by focusing on both the long-term success of agents and brokerages, as well as the overall experience of homeowners. With over 600 brokers within the network, the Company utilizes cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their ultimate dream, owning a home. The Company was incorporated in 2006, under the Ontario Business Corporations Act. The Company’s head office is located at 200-111 Gordon Baker Road, Toronto, Ontario, M2H 3R1 Canada and its securities are publicly listed on the New York Stock Exchange American (NYSEAmerican) under ticker “PAPL”. The Company completed an Initial Public Offering on October 31, 2023 for gross proceeds of $ 3,500,000 Impact from the global inflationary pressures leading to higher interest rates During the first quarter of 2024, due to inflationary pressures that were felt around the globe, central banks all over the world increased interest rates steadily to reduce these pressures. The impact on the real estate market has been to reduce the price wars, bidding, and control over the runaway prices. This has led to modifications in all businesses associated with real estate including the Company. With the interest rates increases which reduces prices has led to reduced volume for the Company. It is unknown how long the increased interest rates will last. The Company determined that there were no material expectations of increased credit losses, and no material indicators of impairment of long-term assets.

Significant accounting policies

Significant accounting policies	3 Months Ended
	Nov. 30, 2023
Accounting Policies [Abstract]
Significant accounting policies	2. Significant accounting policies Basis of Presentation The Company’s condensed interim consolidated financial statements have been prepared in accordance with US Generally Accepted Accounting Principles (“GAAP”) and Securities and Exchange Commission (“SEC”) rules and regulations and include the accounts of the Company and its consolidated subsidiaries. These unaudited condensed interim consolidated financial statements do not include all disclosures normally provided in annual financial statements and should be read in conjunction with the Company’s audited consolidated financial statements for the year ended August 31, 2023. Accordingly, accounting policies, estimates, and judgements applied are the same as those applied in the Company’s financial statements for the year ended August 31, 2023, unless otherwise indicated. The Company assesses its accounting estimates and judgements every reporting period. The condensed interim consolidated financial statements were authorized for issue by the Board of Directors on January 16, 2024. Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars) 2. Significant accounting policies (continued) Basis of preparation, functional and presentation currency The condensed interim consolidated financial statements have been prepared in accordance with GAAP applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business All financial information is presented in US Dollars (“USD”) as the Company’s presentation currency and functional currency is in Canadian Dollars (“CAD”). The interim financial statements are condensed and should be read in conjunction with the Company’s latest annual year-end consolidated financial statements for the year ended August 31, 2023. It is management’s opinion that all adjustments necessary for a fair statement of the results for the interim period has been made, and all adjustments are of a recurring nature or a description of the nature of and any amount of any adjustments other than normal recurring nature has been stated. Sufficient disclosures have been so as to not make the interim financial information misleading. There are no prior-period adjustments in these condensed interim consolidated financial statements. Operating segments The Company operates as one operating segment which is reported in a manner consistent with the internal reporting provided to the chief operating decision-makers. The chief operating decision-makers are responsible for the allocation of resources and assessing the performance of the consolidated operating segment and have been identified as the CEO and CFO of the Company. Basis of consolidation The condensed interim consolidated financial statements include the accounts of the Company, and its wholly owned subsidiary, Pineapple Insurance Inc and Pineapple National Inc. All transactions with the subsidiary and any intercompany balances, gains or losses have been eliminated upon consolidation. The subsidiaries have a CAD functional currency and accounting policies have been applied consistently to the subsidiaries.

Significant accounting judgment

Significant accounting judgments, estimates and assumptions	3 Months Ended
	Nov. 30, 2023
Significant Accounting Judgments Estimates And Assumptions
Significant accounting judgments, estimates and assumptions	3. Significant accounting judgments, estimates and assumptions The preparation of financial statements requires the directors and management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, and revenue and expenses. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The following are the critical estimates and judgments applied by management that most significantly affect the Company’s financial statements. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. Investments (level 3) Where the fair values of financial assets and financial liabilities recorded on the statements of financial position, cannot be derived from active markets, they are determined using a variety of valuation techniques. The inputs to these models are derived from observable market data where possible; where observable market data is not available, Management’s judgment is required to establish fair values. Share based compensation Management is required to make certain estimates when determining the fair value of stock options awards, and the number of awards that are expected to vest. These estimates affect the amount recognized as stock-based compensation in the statements of income and comprehensive income based on estimates of volatility, forfeitures and expected lives of the underlying stock options which are at a maximum of 36 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars) 3. Significant accounting judgments, estimates and assumptions (continued) Useful life of Assets Significant judgement is involved in determination of useful life for the property plant and equipment and intangible assets. Management assesses the reasonability of the useful life on an annual basis to record the depreciation of the intangibles and property plant and equipment.

Investments

Investments	3 Months Ended
	Nov. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	4. Investments During the year ended August 31, 2021, the Company purchased an investment in a private company. The Company holds a 5 Nil nil

Property and equipment

Property and equipment	3 Months Ended
	Nov. 30, 2023
Property, Plant and Equipment [Abstract]
Property and equipment	5. Property and equipment The Company’s property and equipment consist of laptops, furniture and office equipment. Schedule of Property and Equipment Property and equipment Cost Balance, August 31, 2022 $ 296,999 Additions 62,073 Translation adjustment (9,789 ) Balance, August 31, 2023 $ 349,283 Additions 2,032 Translation adjustment (1,367 ) Balance, November 30, 2023 $ 349,948 Accumulated depreciation Balance, August 31, 2022 $ 49,334 Depreciation 67,674 Translation adjustment (9,816 ) Balance, August 31, 2023 $ 107,192 Depreciation 15,067 Translation adjustment 6,889 Balance, November 30, 2023 $ 129,148 Net carrying value November 30, 2023 $ 220,800 August 31, 2023 $ 242,091 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Intangible assets

Intangible assets	3 Months Ended
	Nov. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets	6. Intangible assets The intangible assets additions in the current period are related to development costs capitalized for internally generated software with a useful life of 5 Schedule of Cost and Accumulated Depreciation Intangible assets Cost Balance, August 31, 2022 $ 779,490 Additions 1,300,225 Translation adjustment (22,190 ) Balance, August 31, 2023 $ 2,057,525 Additions 266,825 Translation adjustment (45,538 ) Balance, November 30, 2023 $ 2,278,812 Accumulated depreciation Balance, August 31, 2022 $ 77,102 Depreciation 265,150 Translation adjustment (3,681 ) Balance, August 31, 2023 $ 338,571 Depreciation 89,483 Translation adjustment (761 ) Balance, November 30, 2023 $ 427,293 Net carrying value November 30, 2023 $ 1,851,519 August 31, 2023 $ 1,718,954 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Share capital

Share capital	3 Months Ended
	Nov. 30, 2023
Equity [Abstract]
Share capital	7. Share capital Authorized share capital The authorized share capital of the Company consists of an unlimited number of common shares with a nominal par value. Schedule of Authorized Share Capital # $ Balance, August 31, 2022 and 2023 6,306,979 4,903,031 Issuance of Common Shares on Initial Public Offering 875,000 3,500,000 Share Issuance Costs (SRF Bills) (748,063 ) Warrants issued (48,283 ) Balance, November 30, 2023 7,181,979 7,606,685 On November 3, 2023, the Company completed was listed on the New York Stock Exchange (NYSE) under the ticker PAPL. The Company issued 875,000 3,500,000 796,346 48,284 26,250 4 October 31, 2028 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Warrants

Warrants	3 Months Ended
	Nov. 30, 2023
Warrants
Warrants	8. Warrants a) Common Share purchase warrant Schedule of Common Share Purchase Warrant # $ Balance, August 31, 2022 6,446,655 2,922,853 Share-based compensation expense - 33,091 Balance, August 31, 2023 and November 30, 2023 6,446,655 2,955,944 b) Warrant Liability As noted in Note 7 above on November 3, 2023, the Company issued 26,250 4 October 31, 2028 The warrants were valued using the Black-Scholes method with the share price of $ 1.86 4 5 4.62 251 1.46 4 5 4.44 251 Schedule of Warrant Liability # $ Balance at August 31, 2023 - - Issuance of warrants 26,250 48,283 Change in fair value of warrant liability (10,740 ) Fair Value of Warrants at November 30, 2023 26,250 37,848 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Share-based benefits reserve

Share-based benefits reserve	3 Months Ended
	Nov. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-based benefits reserve	9. Share-based benefits reserve The Company has a share option plan (the “Plan”) to attract, retain and motivate qualified directors, officers, employees and consultants whose present and future contributions are important to the success of the Company by offering them an opportunity to participate in the Company’s future performance through the award of share options. Each share option converts into one common share of the Company. on exercise. No amounts are paid or payable by the recipient on receipt of the option. The options carry neither rights to dividends nor voting rights. Options may be exercised at any time from the date of vesting to the date of their expiry. In 2017, the Plan was amended such that the total number of common shares reserved and available for grant and issuance pursuant to the Plan is to equal 10 Options granted on June 14, 2021, vest over a 2-year period whereby 25% of the options granted vested on the date of grant, and the remaining unvested options vest in equal instalments every 6-months thereafter. 1,317,155 Nil 52,904 The Chief Financial Officer was granted 63,821 8,974 141,885 nil 12,770 The following reconciles the options outstanding at the beginning and end of the period that were granted to eligible participants pursuant to the Plan: Schedule of Options Outstanding Granted November 30, 2023 August 31, 2023 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price # $ # $ Balance, August 31, 2023 565,689 3.72 628,510 3.71 Forfeited during period - 3.82 (62,821 ) 3.82 Balance as at period end 565,689 3.72 565,689 3.72 Exercisable as at period end 565,689 3.72 565,689 3.72 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Right-of-use asset and lease li

Right-of-use asset and lease liability	3 Months Ended
	Nov. 30, 2023
Right-of-use Asset And Lease Liability
Right-of-use asset and lease liability	10. Right-of-use asset and lease liability The Company leases all its office premises in Ontario and British Columbia, Canada. The Company extended the current Ontario premises of 4,894 sq. ft. lease to January 1, 2030, and acquired additional premises of 8,368 square feet adjacent to the current office premises with the same landlord. The additional premises lease also expires on January 1, 2030. The total area of use by The Company is 13,262 sq. ft. The Company acquired a 1,454 square feet premise lease in British Columbia commencing August 1, 2023 and expiring on July 31, 2028. The Company recognized a right-of-use asset and corresponding lease liability in respect of this lease. The lease liability was measured at the present value of the remaining lease payments, discounted using the Company’s estimated incremental borrowing rate as at September 1, 2017 (date of initial application), estimated to be 6%. The right-of-use asset was measured at an amount equal to the lease liability, adjusted by the amount of any prepaid or accrued lease payments relating to that lease recognized in the interim condensed balance sheet immediately before the date of initial application. The following schedule shows the movement in the Company’s right-of-use asset: Schedule of Right-Of-Use Asset Right-of-use asset Cost Balance, August 31, 2022 $ 1,084,523 Additions 141,799 Translation adjustment (48,601 ) Balance, August 31, 2023 1,177,721 Translation adjustment 43,792 Balance, November 30, 2023 $ 1,133,929 The right-of-use asset is being depreciated on a straight-line basis over the remaining lease term. Accumulated Depreciation Balance, August 31, 2022 $ 130,432 Depreciation 108,335 Translation adjustment (21,423 ) Balance, August 30, 2023 $ 217,344 Depreciation 32,877 Translation adjustment (39,742 ) Balance, November 30, 2023 $ 210,479 Carrying Amount November 30, 2023 $ 923,450 August 31, 2023 $ 960,377 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars) 10. Right-of-use asset and lease liability (continued) The following schedule shows the movement in the Company’s lease liability during the period: Schedule of Lease Liability November 30, 2023 August 31, 2023 Balance, beginning of period $ 1,107,961 $ 1,020,585 Additions - 141,799 Interest Expense (16,179 ) 56,316 Lease payments (40,633 ) (81,090 ) Translation Adjustment 21,447 (29,649 ) Balance, end of period $ 1,072,596 $ 1,107,961 Current 144,446 138,372 Non-Current 928,150 969,589 $ 1,072,596 $ 1,107,961 The following table provides a maturity analysis of the Company’s lease liability. The amounts disclosed in the maturity analysis are the contractual undiscounted cash flows before deducting interest or finance charges: Schedule of Maturity Lease Liability 2024 $ 170,629 2025 216,008 2026 217,196 2027 214,640 2028 227,992 2029 200,179 2030 16,682 Total Lease liability $ 1,263,326 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Expenses

Expenses	3 Months Ended
	Nov. 30, 2023
Schedule Of Selling General And Administrative Expenses
Expenses	11. Expenses The following table provides a breakdown of the selling, general and administrative expenses: Schedule of Selling, General and Administrative Expenses November 30, 2023 November 30, 2022 Three Months ended November 30, 2023 November 30, 2022 $ $ Software Subscription 180,920 247,320 Office and general 65,824 207,560 Professional fees - 39,337 Dues and Subscriptions 40,031 19,110 Rent 45,745 41,433 Consulting fees 166,313 88,976 Travel 39,177 30,289 Donations 476 12,807 Lease expense 16,104 12,027 Insurance 3,264 865 Repair and maintenance 2,089 - Utilities 209 - Selling, general and administrative 560,151 699,724

Related party transactions

Related party transactions	3 Months Ended
	Nov. 30, 2023
Related Party Transactions [Abstract]
Related party transactions	12. Related party transactions Compensation of key management personnel includes the CEO, COO, CSO, and CFO: Schedule of Related Party Transactions November 30, 2023 November 30, 2022 $ $ Salaries and Wages 176,153 183,116 Share-based compensation - 37,586 Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Deferred government grant

Deferred government grant	3 Months Ended
	Nov. 30, 2023
Deferred Government Grant
Deferred government grant	13. Deferred government grant The Company was eligible for the Government of Canada SRED program up to November 3, 2023. The Company has accrued $ 816,507 710,867 51,047 nil

Risk management arising from fi

Risk management arising from financial instruments	3 Months Ended
	Nov. 30, 2023
Investments, All Other Investments [Abstract]
Risk management arising from financial instruments	14. Risk management arising from financial instruments a) Credit risk Credit risk is the risk of loss associated with a counterparty’s inability to fulfill its payment obligations. The Company’s principal financial assets that expose it to credit risk are cash and trade receivables. The Company mitigates this risk by monitoring the credit worthiness of its customers and holding cash at financial institutions. The maximum credit exposure at November 30, 2023 is the carrying amount of cash and trade receivables. The Company’s exposure to credit risk is considered to be low, given the size and nature of the various counterparties involved and their history of performance. The Company has not historically incurred any significant credit loss in respect of its trade receivables. Based on consideration of all possible default events over the assets’ contractual lifetime, the expected credit loss in respect of the Company’s trade receivables was minimal as at November 30, 2023 and August 31, 2023. b) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in market interest rates. The Company does not have any variable interest-bearing debt. c) Liquidity risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company’s approach in managing liquidity is to ensure, to the extent possible, that it will have sufficient liquidity to meet its liabilities when due, by continuously monitoring actual and forecasted cash flows. d) Management of capital The Company’s objective of managing capital, comprising of shareholders’ equity, is to ensure its continued ability to operate as a going concern. The Company manages its capital structure and makes changes to it based on economic conditions. Management and the Board of Directors review the Company’s capital management approach on an ongoing basis and believe this approach, given the relative size of the Company, is reasonable. The Company is not subject to externally imposed capital requirements. The Company’s capital management objectives, policies and processes have remained unchanged during the period ended November 30, 2023. Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars)

Commitments and contingencies

Commitments and contingencies	3 Months Ended
	Nov. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	15. Commitments and contingencies In the ordinary course of operating, the Company may from time to time be subject to various claims or possible claims. Management believes that there are no claims or possible claims that if resolved would either individually or collectively result in a material adverse impact on the Company’s financial position, results of operations, or cash flows. These matters are inherently uncertain, and management’s view of these matters may change in the future. See note 10 related to lease commitments.

Disaggregation of revenue

Disaggregation of revenue	3 Months Ended
	Nov. 30, 2023
Disaggregation Of Revenue
Disaggregation of revenue	16. Disaggregation of revenue Schedule of Disaggregation of Revenue November 30, 2023 November 30, 2022 $ $ Sales revenue 3,873,320 4,308,609 Commission expense 3,600,073 3,654,284 Net sales revenue 273,246 654,325 Subscription revenue 183,245 187,886 Other revenue 70,757 - Underwriting revenue 42,106 49,813 Total revenue 569,355 892,024

Loan

Loan	3 Months Ended
	Nov. 30, 2023
Debt Disclosure [Abstract]
Loan	17. Loan The Company entered into a loan on July 31, 2023, with a one-year term July 31, 2024 430,098 12 2 87,369

Subsequent events

Subsequent events	3 Months Ended
	Nov. 30, 2023
Subsequent Events [Abstract]
Subsequent events	18. Subsequent events The Company has performed an evaluation of subsequent events through the time of filing this quarterly statements and has determined that there are no such events to report.

Significant accounting polici_2

Significant accounting policies (Policies)	3 Months Ended
	Nov. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s condensed interim consolidated financial statements have been prepared in accordance with US Generally Accepted Accounting Principles (“GAAP”) and Securities and Exchange Commission (“SEC”) rules and regulations and include the accounts of the Company and its consolidated subsidiaries. These unaudited condensed interim consolidated financial statements do not include all disclosures normally provided in annual financial statements and should be read in conjunction with the Company’s audited consolidated financial statements for the year ended August 31, 2023. Accordingly, accounting policies, estimates, and judgements applied are the same as those applied in the Company’s financial statements for the year ended August 31, 2023, unless otherwise indicated. The Company assesses its accounting estimates and judgements every reporting period. The condensed interim consolidated financial statements were authorized for issue by the Board of Directors on January 16, 2024. Pineapple Financial Inc. Notes to the Condensed Interim Consolidated Financial Statements for period ended November 30, 2023 - Unaudited (Expressed in US Dollars) 2. Significant accounting policies (continued)
Basis of preparation, functional and presentation currency	Basis of preparation, functional and presentation currency The condensed interim consolidated financial statements have been prepared in accordance with GAAP applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business All financial information is presented in US Dollars (“USD”) as the Company’s presentation currency and functional currency is in Canadian Dollars (“CAD”). The interim financial statements are condensed and should be read in conjunction with the Company’s latest annual year-end consolidated financial statements for the year ended August 31, 2023. It is management’s opinion that all adjustments necessary for a fair statement of the results for the interim period has been made, and all adjustments are of a recurring nature or a description of the nature of and any amount of any adjustments other than normal recurring nature has been stated. Sufficient disclosures have been so as to not make the interim financial information misleading. There are no prior-period adjustments in these condensed interim consolidated financial statements.
Operating segments	Operating segments The Company operates as one operating segment which is reported in a manner consistent with the internal reporting provided to the chief operating decision-makers. The chief operating decision-makers are responsible for the allocation of resources and assessing the performance of the consolidated operating segment and have been identified as the CEO and CFO of the Company.
Basis of consolidation	Basis of consolidation The condensed interim consolidated financial statements include the accounts of the Company, and its wholly owned subsidiary, Pineapple Insurance Inc and Pineapple National Inc. All transactions with the subsidiary and any intercompany balances, gains or losses have been eliminated upon consolidation. The subsidiaries have a CAD functional currency and accounting policies have been applied consistently to the subsidiaries.

Property and equipment (Tables)

Property and equipment (Tables)	3 Months Ended
	Nov. 30, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	The Company’s property and equipment consist of laptops, furniture and office equipment. Schedule of Property and Equipment Property and equipment Cost Balance, August 31, 2022 $ 296,999 Additions 62,073 Translation adjustment (9,789 ) Balance, August 31, 2023 $ 349,283 Additions 2,032 Translation adjustment (1,367 ) Balance, November 30, 2023 $ 349,948 Accumulated depreciation Balance, August 31, 2022 $ 49,334 Depreciation 67,674 Translation adjustment (9,816 ) Balance, August 31, 2023 $ 107,192 Depreciation 15,067 Translation adjustment 6,889 Balance, November 30, 2023 $ 129,148 Net carrying value November 30, 2023 $ 220,800 August 31, 2023 $ 242,091

Intangible assets (Tables)

Intangible assets (Tables)	3 Months Ended
	Nov. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Cost and Accumulated Depreciation	Schedule of Cost and Accumulated Depreciation Intangible assets Cost Balance, August 31, 2022 $ 779,490 Additions 1,300,225 Translation adjustment (22,190 ) Balance, August 31, 2023 $ 2,057,525 Additions 266,825 Translation adjustment (45,538 ) Balance, November 30, 2023 $ 2,278,812 Accumulated depreciation Balance, August 31, 2022 $ 77,102 Depreciation 265,150 Translation adjustment (3,681 ) Balance, August 31, 2023 $ 338,571 Depreciation 89,483 Translation adjustment (761 ) Balance, November 30, 2023 $ 427,293 Net carrying value November 30, 2023 $ 1,851,519 August 31, 2023 $ 1,718,954

Share capital (Tables)

Share capital (Tables)	3 Months Ended
	Nov. 30, 2023
Equity [Abstract]
Schedule of Authorized Share Capital	The authorized share capital of the Company consists of an unlimited number of common shares with a nominal par value. Schedule of Authorized Share Capital # $ Balance, August 31, 2022 and 2023 6,306,979 4,903,031 Issuance of Common Shares on Initial Public Offering 875,000 3,500,000 Share Issuance Costs (SRF Bills) (748,063 ) Warrants issued (48,283 ) Balance, November 30, 2023 7,181,979 7,606,685

Warrants (Tables)

Warrants (Tables)	3 Months Ended
	Nov. 30, 2023
Warrants
Schedule of Common Share Purchase Warrant	Schedule of Common Share Purchase Warrant # $ Balance, August 31, 2022 6,446,655 2,922,853 Share-based compensation expense - 33,091 Balance, August 31, 2023 and November 30, 2023 6,446,655 2,955,944
Schedule of Warrant Liability	Schedule of Warrant Liability # $ Balance at August 31, 2023 - - Issuance of warrants 26,250 48,283 Change in fair value of warrant liability (10,740 ) Fair Value of Warrants at November 30, 2023 26,250 37,848

Share-based benefits reserve (T

Share-based benefits reserve (Tables)	3 Months Ended
	Nov. 30, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Options Outstanding Granted	The following reconciles the options outstanding at the beginning and end of the period that were granted to eligible participants pursuant to the Plan: Schedule of Options Outstanding Granted November 30, 2023 August 31, 2023 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price # $ # $ Balance, August 31, 2023 565,689 3.72 628,510 3.71 Forfeited during period - 3.82 (62,821 ) 3.82 Balance as at period end 565,689 3.72 565,689 3.72 Exercisable as at period end 565,689 3.72 565,689 3.72

Right-of-use asset and lease _2

Right-of-use asset and lease liability (Tables)	3 Months Ended
	Nov. 30, 2023
Right-of-use Asset And Lease Liability
Schedule of Right-Of-Use Asset	The following schedule shows the movement in the Company’s right-of-use asset: Schedule of Right-Of-Use Asset Right-of-use asset Cost Balance, August 31, 2022 $ 1,084,523 Additions 141,799 Translation adjustment (48,601 ) Balance, August 31, 2023 1,177,721 Translation adjustment 43,792 Balance, November 30, 2023 $ 1,133,929 The right-of-use asset is being depreciated on a straight-line basis over the remaining lease term. Accumulated Depreciation Balance, August 31, 2022 $ 130,432 Depreciation 108,335 Translation adjustment (21,423 ) Balance, August 30, 2023 $ 217,344 Depreciation 32,877 Translation adjustment (39,742 ) Balance, November 30, 2023 $ 210,479 Carrying Amount November 30, 2023 $ 923,450 August 31, 2023 $ 960,377
Schedule of Lease Liability	The following schedule shows the movement in the Company’s lease liability during the period: Schedule of Lease Liability November 30, 2023 August 31, 2023 Balance, beginning of period $ 1,107,961 $ 1,020,585 Additions - 141,799 Interest Expense (16,179 ) 56,316 Lease payments (40,633 ) (81,090 ) Translation Adjustment 21,447 (29,649 ) Balance, end of period $ 1,072,596 $ 1,107,961 Current 144,446 138,372 Non-Current 928,150 969,589 $ 1,072,596 $ 1,107,961
Schedule of Maturity Lease Liability	The following table provides a maturity analysis of the Company’s lease liability. The amounts disclosed in the maturity analysis are the contractual undiscounted cash flows before deducting interest or finance charges: Schedule of Maturity Lease Liability 2024 $ 170,629 2025 216,008 2026 217,196 2027 214,640 2028 227,992 2029 200,179 2030 16,682 Total Lease liability $ 1,263,326

Expenses (Tables)

Expenses (Tables)	3 Months Ended
	Nov. 30, 2023
Schedule Of Selling General And Administrative Expenses
Schedule of Selling, General and Administrative Expenses	The following table provides a breakdown of the selling, general and administrative expenses: Schedule of Selling, General and Administrative Expenses November 30, 2023 November 30, 2022 Three Months ended November 30, 2023 November 30, 2022 $ $ Software Subscription 180,920 247,320 Office and general 65,824 207,560 Professional fees - 39,337 Dues and Subscriptions 40,031 19,110 Rent 45,745 41,433 Consulting fees 166,313 88,976 Travel 39,177 30,289 Donations 476 12,807 Lease expense 16,104 12,027 Insurance 3,264 865 Repair and maintenance 2,089 - Utilities 209 - Selling, general and administrative 560,151 699,724

Related party transactions (Tab

Related party transactions (Tables)	3 Months Ended
	Nov. 30, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Compensation of key management personnel includes the CEO, COO, CSO, and CFO: Schedule of Related Party Transactions November 30, 2023 November 30, 2022 $ $ Salaries and Wages 176,153 183,116 Share-based compensation - 37,586

Disaggregation of revenue (Tabl

Disaggregation of revenue (Tables)	3 Months Ended
	Nov. 30, 2023
Disaggregation Of Revenue
Schedule of Disaggregation of Revenue	Schedule of Disaggregation of Revenue November 30, 2023 November 30, 2022 $ $ Sales revenue 3,873,320 4,308,609 Commission expense 3,600,073 3,654,284 Net sales revenue 273,246 654,325 Subscription revenue 183,245 187,886 Other revenue 70,757 - Underwriting revenue 42,106 49,813 Total revenue 569,355 892,024

Description of business (Detail

Description of business (Details Narrative)	Oct. 31, 2023 USD ($)
Accounting Policies [Abstract]
Issuance initial public offering	$ 3,500,000

Significant accounting judgme_2

Significant accounting judgments, estimates and assumptions (Details Narrative)	3 Months Ended
	Nov. 30, 2023
Significant Accounting Judgments Estimates And Assumptions
Share based compensation arrangement by share based payment award, award vesting period	36 months

Investments (Details Narrative)

Investments (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Nov. 30, 2023	Aug. 31, 2023	Aug. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Investment income, interest rate			5%
Write down of investments

Schedule of Property and Equipm

Schedule of Property and Equipment (Details) - USD ($)	3 Months Ended		12 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Aug. 31, 2023
Cost
Cost, beginning balance	$ 349,283	$ 296,999	$ 296,999
Additions	2,032		62,073
Translation adjustment	(1,367)		(9,789)
Cost, ending balance	349,948		349,283
Accumulated depreciation
Accumulated depreciation, beginning balance	107,192	49,334	49,334
Depreciation	15,067	$ 15,556	67,674
Translation adjustment	6,889		(9,816)
Accumulated depreciation, ending balance	129,148		107,192
Net carrying value	$ 220,800		$ 242,091

Schedule of Cost and Accumulate

Schedule of Cost and Accumulated Depreciation (Details) - USD ($)	3 Months Ended	12 Months Ended
	Nov. 30, 2023	Aug. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Cost, beginning balance	$ 2,057,525	$ 779,490
Additions	266,825	1,300,225
Translation adjustment	(45,538)	(22,190)
Cost, ending balance	2,278,812	2,057,525
Accumulated depreciation, beginning balance	338,571	77,102
Depreciation	89,483	265,150
Translation adjustment	(761)	(3,681)
Accumulated depreciation, ending balance	427,293	338,571
Net carrying value	$ 1,851,519	$ 1,718,954

Intangible assets (Details Narr

Intangible assets (Details Narrative)	Nov. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Useful life	5 years

Schedule of Authorized Share Ca

Schedule of Authorized Share Capital (Details)	3 Months Ended
	Nov. 30, 2023 USD ($) shares
Equity [Abstract]
Balance, shares | shares	6,306,979
Balance, value	$ 4,903,031
Issuance of Common Shares on Initial Public Offering, shares | shares	875,000
Issuance of Common Shares on Initial Public Offering, value	$ 3,500,000
Issuance costs: paid in cash	(748,063)
Warrants issued	$ (48,283)
Balance, shares | shares	7,181,979
Balance, value	$ 7,606,685

Share capital (Details Narrativ

Share capital (Details Narrative) - USD ($)			3 Months Ended
	Nov. 03, 2023	Oct. 31, 2023	Nov. 30, 2023
Subsidiary, Sale of Stock [Line Items]
Proceeds from initial public offering		$ 3,500,000
Share issue costs related to underwriter fee and legal cost fees	$ 796,346
Issuance of warrants, value			$ (48,283)
Warrant Liability [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of warrants, value	$ 48,284		$ 48,283
Issuance of warrants, shares	26,250		26,250
Warrant exercise price	$ 4
Warrants expiring date	Oct. 31, 2028
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Units issued	875,000
Proceeds from initial public offering	$ 3,500,000

Schedule of Common Share Purcha

Schedule of Common Share Purchase Warrant (Details) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022
Share-based compensation expense, value		$ 65,674
Common Stock Warrant [Member]
Balance, shares	6,446,655
Balance, value	$ 2,922,853
Share-based compensation expense, shares
Share-based compensation expense, value	$ 33,091
Balance, shares	6,446,655
Balance, value	$ 2,955,944

Schedule of Warrant Liability (

Schedule of Warrant Liability (Details) - USD ($)		3 Months Ended
	Nov. 03, 2023	Nov. 30, 2023	Nov. 30, 2022
Warrants issued related to Initial Public Offering		$ (48,283)
Change in fair value of warrant liability		$ 10,740
Warrant Liability [Member]
Balance, shares
Balance, value
Issuance of warrants, shares	26,250	26,250
Warrants issued related to Initial Public Offering	$ 48,284	$ 48,283
Change in fair value of warrant liability		$ (10,740)
Balance, shares		26,250
Balance, value		$ 37,848

Warrants (Details Narrative)

Warrants (Details Narrative)		3 Months Ended
	Nov. 03, 2023 $ / shares shares	Nov. 30, 2023 $ / shares shares
Measurement Input, Option Volatility [Member]
Warrant volatility		251
Warrant Liability [Member]
Number of warrants issued | shares	26,250	26,250
Warrant exercise price	$ 4
Warrants expiring date	Oct. 31, 2028
Warrant One [Member] | Measurement Input, Share Price [Member]
Warrant volatility		1.86
Warrant One [Member] | Measurement Input, Exercise Price [Member]
Warrant exercise price		$ 4
Warrant One [Member] | Measurement Input, Expected Term [Member]
Warrant expected term		5 years
Warrant One [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrant volatility		4.62
Warrant Two [Member]
Warrant volatility		1.46
Warrant Two [Member] | Measurement Input, Exercise Price [Member]
Warrant exercise price		$ 4
Warrant Two [Member] | Measurement Input, Expected Term [Member]
Warrant expected term		5 years
Warrant Two [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrant volatility		4.44
Warrant Two [Member] | Measurement Input, Option Volatility [Member]
Warrant volatility		251

Schedule of Options Outstanding

Schedule of Options Outstanding Granted (Details) - $ / shares	3 Months Ended	12 Months Ended
	Nov. 30, 2023	Aug. 31, 2023
Share-Based Payment Arrangement [Abstract]
Number of options, balance	565,689	628,510
Weighted average exercise price, balance	$ 3.72	$ 3.71
Number of options, forfieted during year		(62,821)
Weighted average exercise price, forfieted during year	$ 3.82	$ 3.82
Number of options, balance	565,689	565,689
Weighted average exercise price, balance	$ 3.72	$ 3.72
Number of options, exercisable	565,689	565,689
Weighted average exercise price, exercisable	$ 3.72	$ 3.72

Share-based benefits reserve (D

Share-based benefits reserve (Details Narrative) - USD ($)			3 Months Ended		12 Months Ended
	Nov. 15, 2021	Jun. 14, 2021	Nov. 30, 2023	Nov. 30, 2022	Dec. 31, 2017
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Issuance percent					10%
Vesting period description		vest over a 2-year period whereby 25% of the options granted vested on the date of grant, and the remaining unvested options vest in equal instalments every 6-months thereafter.
Stock option granted fair value		$ 1,317,155
Stock-based compensation expense				$ 52,904
Stock-based compensation expense				65,674
Chief Financial Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Stock option granted fair value	$ 141,885
Stock option granted	63,821
Stock option vested	8,974
Stock-based compensation expense				$ 12,770

Schedule of Right-Of-Use Asset

Schedule of Right-Of-Use Asset (Details) - USD ($)	3 Months Ended		12 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Aug. 31, 2023
Right-of-use Asset And Lease Liability
Beginning balance, Cost	$ 1,177,721	$ 1,084,523	$ 1,084,523
Additions			141,799
Translation adjustment	43,792		(48,601)
Ending balance, Cost	1,133,929		1,177,721
Beginning balance, Accumulated Depreciation	217,344	130,432	130,432
Depreciation	32,877	$ 26,446	108,335
Translation adjustment	(39,742)		(21,423)
Ending balance, Accumulated Depreciation	210,479		217,344
Right-of-use asset	$ 923,450		$ 960,377

Schedule of Lease Liability (De

Schedule of Lease Liability (Details) - USD ($)	3 Months Ended		12 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Aug. 31, 2023
Right-of-use Asset And Lease Liability
Balance, beginning of period	$ 1,107,961	$ 1,020,585	$ 1,020,585
Additions			141,799
Interest Expense	(16,179)		56,316
Lease payments	(40,633)	$ (15,008)	(81,090)
Translation Adjustment	21,447		(29,649)
Balance, end of period	1,072,596		1,107,961
Current	144,446		138,372
Non-Current	928,150		969,589
Lease liability	$ 1,072,596		$ 1,107,961

Schedule of Maturity Lease Liab

Schedule of Maturity Lease Liability (Details)	Nov. 30, 2023 USD ($)
Right-of-use Asset And Lease Liability
2024	$ 170,629
2025	216,008
2026	217,196
2027	214,640
2028	227,992
2029	200,179
2030	16,682
Total Lease liability	$ 1,263,326

Right-of-use asset and lease _3

Right-of-use asset and lease liability (Details Narrative)	3 Months Ended
	Nov. 30, 2023
Right-of-use Asset And Lease Liability
Lease liability description	The Company extended the current Ontario premises of 4,894 sq. ft. lease to January 1, 2030, and acquired additional premises of 8,368 square feet adjacent to the current office premises with the same landlord. The additional premises lease also expires on January 1, 2030. The total area of use by The Company is 13,262 sq. ft. The Company acquired a 1,454 square feet premise lease in British Columbia commencing August 1, 2023 and expiring on July 31, 2028. The Company recognized a right-of-use asset and corresponding lease liability in respect of this lease. The lease liability was measured at the present value of the remaining lease payments, discounted using the Company’s estimated incremental borrowing rate as at September 1, 2017 (date of initial application), estimated to be 6%. The right-of-use asset was measured at an amount equal to the lease liability, adjusted by the amount of any prepaid or accrued lease payments relating to that lease recognized in the interim condensed balance sheet immediately before the date of initial application.

Schedule of Selling, General an

Schedule of Selling, General and Administrative Expenses (Details) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022
Schedule Of Selling General And Administrative Expenses
Software Subscription	$ 180,920	$ 247,320
Office and general	65,824	207,560
Professional fees		39,337
Dues and Subscriptions	40,031	19,110
Rent	45,745	41,433
Consulting fees	166,313	88,976
Travel	39,177	30,289
Donations	476	12,807
Lease expense	16,104	12,027
Insurance	3,264	865
Repair and maintenance	2,089
Utilities	209
Selling, general and administrative	$ 560,151	$ 699,724

Schedule of Related Party Trans

Schedule of Related Party Transactions (Details) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022
Related Party Transaction [Line Items]
Share-based compensation		$ 52,904
Related Party [Member]
Related Party Transaction [Line Items]
Salaries and Wages	176,153	183,116
Share-based compensation		$ 37,586

Deferred government grant (Deta

Deferred government grant (Details Narrative) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Nov. 03, 2023	Aug. 31, 2023
Deferred Government Grant
Accrued receivable	$ 816,507
Deferred government grant	710,867		$ 710,867	$ 699,627
Government based incentive	$ 51,047

Schedule of Disaggregation of R

Schedule of Disaggregation of Revenue (Details) - USD ($)	3 Months Ended
	Nov. 30, 2023	Nov. 30, 2022
Sales revenue	$ 3,873,320	$ 4,308,609
Commission expense	3,600,073	3,654,284
Net sales revenue	273,246	654,325
Total revenue	569,355	892,024
Subscription Revenue [Member]
Total revenue	183,245	187,886
Other Revenue [Member]
Total revenue	70,757
Underwriting Revenue [Member]
Total revenue	$ 42,106	$ 49,813

Loan (Details Narrative)

Loan (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Jul. 31, 2023	Nov. 30, 2023	Nov. 30, 2022	Aug. 31, 2023
Debt Disclosure [Abstract]
Debt instrument term	one-year term
Maturity date	Jul. 31, 2024
Loan amount	$ 430,098
Interest rate percentage	12%
Advance fee, percentage				2%
Advances received from related parties proceeds from the loan		$ 87,369