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Side-by-side financial comparison of Pineapple Financial Inc. (PAPL) and SciSparc Ltd. (SPRC). Click either name above to swap in a different company.

Pineapple Financial Inc. is the larger business by last-quarter revenue ($707.3K vs $461.0K, roughly 1.5× SciSparc Ltd.). SciSparc Ltd. runs the higher net margin — -2041.6% vs -2756.2%, a 714.6% gap on every dollar of revenue. On growth, Pineapple Financial Inc. posted the faster year-over-year revenue change (-4.8% vs -45.1%).

SciSparc Ltd. is a clinical-stage biopharmaceutical company focused on developing novel therapies for unmet medical needs in the neurological, psychiatric, and gastrointestinal disorder segments. It operates across global biotech markets, leveraging proprietary cannabinoid-based formulation technologies to advance its pipeline of therapeutic candidates.

PAPL vs SPRC — Head-to-Head

Bigger by revenue
PAPL
PAPL
1.5× larger
PAPL
$707.3K
$461.0K
SPRC
Growing faster (revenue YoY)
PAPL
PAPL
+40.3% gap
PAPL
-4.8%
-45.1%
SPRC
Higher net margin
SPRC
SPRC
714.6% more per $
SPRC
-2041.6%
-2756.2%
PAPL

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
PAPL
PAPL
SPRC
SPRC
Revenue
$707.3K
$461.0K
Net Profit
$-19.5M
$-9.4M
Gross Margin
48.9%
78.1%
Operating Margin
-2518.8%
-588.5%
Net Margin
-2756.2%
-2041.6%
Revenue YoY
-4.8%
-45.1%
Net Profit YoY
-3174.1%
-155.8%
EPS (diluted)
$-1.21
$17.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PAPL
PAPL
SPRC
SPRC
Q1 26
$707.3K
Q4 25
$721.7K
Q3 25
$730.5K
Q2 25
$746.9K
$461.0K
Q1 25
$743.3K
Q4 24
$766.1K
$466.0K
Q3 24
$598.3K
Q2 24
$736.4K
$840.0K
Net Profit
PAPL
PAPL
SPRC
SPRC
Q1 26
$-19.5M
Q4 25
$-6.4M
Q3 25
$-1.8M
Q2 25
$-557.7K
$-9.4M
Q1 25
$-595.4K
Q4 24
$-656.9K
$-3.8M
Q3 24
$-1.7M
Q2 24
$-848.6K
$-3.7M
Gross Margin
PAPL
PAPL
SPRC
SPRC
Q1 26
48.9%
Q4 25
49.6%
Q3 25
27.8%
Q2 25
67.6%
78.1%
Q1 25
43.4%
Q4 24
45.9%
6.9%
Q3 24
43.2%
Q2 24
44.2%
56.4%
Operating Margin
PAPL
PAPL
SPRC
SPRC
Q1 26
-2518.8%
Q4 25
-909.1%
Q3 25
-131.3%
Q2 25
-93.3%
-588.5%
Q1 25
-80.6%
Q4 24
-90.5%
-813.1%
Q3 24
-232.8%
Q2 24
-121.7%
-419.9%
Net Margin
PAPL
PAPL
SPRC
SPRC
Q1 26
-2756.2%
Q4 25
-891.6%
Q3 25
-250.3%
Q2 25
-74.7%
-2041.6%
Q1 25
-80.1%
Q4 24
-85.7%
-813.9%
Q3 24
-283.9%
Q2 24
-115.2%
-438.0%
EPS (diluted)
PAPL
PAPL
SPRC
SPRC
Q1 26
$-1.21
Q4 25
$-4.79
Q3 25
$-0.93
Q2 25
$-0.05
$17.92
Q1 25
$-1.73
Q4 24
$-2.60
$-8.82
Q3 24
$-11.10
Q2 24
$-0.12
$35.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAPL
PAPL
SPRC
SPRC
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$27.1M
$-81.0K
Total Assets
$48.9M
$5.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAPL
PAPL
SPRC
SPRC
Q1 26
Q4 25
Q3 25
Q2 25
$1.5M
Q1 25
Q4 24
$1.5M
Q3 24
Q2 24
$252.0K
Stockholders' Equity
PAPL
PAPL
SPRC
SPRC
Q1 26
$27.1M
Q4 25
$-5.5M
Q3 25
$906.7K
Q2 25
$842.6K
$-81.0K
Q1 25
$739.7K
Q4 24
$1.3M
$8.9M
Q3 24
$1.3M
Q2 24
$2.0M
$8.7M
Total Assets
PAPL
PAPL
SPRC
SPRC
Q1 26
$48.9M
Q4 25
$10.6M
Q3 25
$5.4M
Q2 25
$4.7M
$5.1M
Q1 25
$4.0M
Q4 24
$4.1M
$10.3M
Q3 24
$4.1M
Q2 24
$4.3M
$10.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PAPL
PAPL
SPRC
SPRC
Operating Cash FlowLast quarter
$-3.3M
$-1.9M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-462.7%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAPL
PAPL
SPRC
SPRC
Q1 26
$-3.3M
Q4 25
$-489.7K
Q3 25
$-507.6K
Q2 25
$397.0K
$-1.9M
Q1 25
$-172.6K
Q4 24
$-663.6K
$-2.9M
Q3 24
$-264.7K
Q2 24
$123.0K
$-2.2M
Free Cash Flow
PAPL
PAPL
SPRC
SPRC
Q1 26
$-3.3M
Q4 25
$-491.7K
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-264.7K
Q2 24
$122.7K
$-2.2M
FCF Margin
PAPL
PAPL
SPRC
SPRC
Q1 26
-462.7%
Q4 25
-68.1%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-44.2%
Q2 24
16.7%
-261.7%
Capex Intensity
PAPL
PAPL
SPRC
SPRC
Q1 26
0.0%
Q4 25
0.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
0.0%
0.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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