Pinetree Capital (PNP) AI Stock Analysis

• Market Cap: C$166.24M
• Dividend Yield: N/A
• Average Volume (3M): 14.25K
• Price to Earnings (P/E): 5.1
• Beta (1Y): 0.31
• Revenue Growth: N/A
• EPS Growth: 461.89%
• Country: CA
• Employees: 3
• Sector: Financial
• Sector Strength: 81
• Industry: Financial - Capital Markets
• EPS (TTM): 3.44
• Shares Outstanding: 9,387,000
• 10 Day Avg. Volume: 11,730
• 30 Day Avg. Volume: 14,247
• PEG Ratio: 0.01
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.16
• Price to Cash Flow (P/CF): 29.00
• P/FCF Ratio: 29.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Pinetree Capital's overall score of 85 reflects its strong financial performance, marked by significant revenue and profit growth, a debt-free balance sheet, and high equity ratio. The impressive technical analysis supports this with positive price momentum. However, the low cash flow conversion rate and the absence of a dividend yield could be potential areas of concern for investors. Corporate events further underscore the company's robust financial growth.

Pinetree Capital Business Overview & Revenue Model

Company Description

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early to later stage venture, middle market, mature, later stage, turnaround, emerging growth and growth capital investments in micro and small cap companies. The firm prefers to invest in all the sector except materials, real estate & energy. It typically invests in USA, Canada and Europe. The firm invests primarily in equities as well as debt and convertible securities. Pinetree Capital Ltd. was founded in 1992 and is based in Toronto, Canada.

How the Company Makes Money

Pinetree Capital generates revenue primarily through capital gains realized from its investments in early-stage companies. By acquiring equity stakes in promising startups and micro-cap firms, Pinetree Capital aims to benefit from the appreciation of these holdings over time. Additionally, the company may earn dividends from its equity investments, although this is less common given the early-stage nature of its portfolio companies. Revenue is also influenced by the successful exit strategies, such as public offerings or acquisitions, where Pinetree can sell its stakes at a profit. Key factors contributing to its earnings include the identification of high-potential investment opportunities and effective management of its investment portfolio.

Pinetree Capital Financial Statement Overview

Summary

Pinetree Capital shows strong financial health with significant revenue and profit growth, a debt-free balance sheet, and a high equity ratio. However, zero EBIT and EBITDA in 2024 and low conversion of net income into operating cash flow could pose risks if not managed. Overall, the company's financial position is robust, with a need for attention on operational efficiencies and cash flow management.

Income Statement

Pinetree Capital has shown significant revenue growth from 2023 to 2024, with Total Revenue increasing from $6.65M to $33.29M, a staggering growth rate of 400.6%. The Net Profit Margin has also improved sharply to 97.1% in 2024, indicating substantial profitability. However, EBIT and EBITDA for 2024 are reported as zero, which may suggest some operational challenges despite the strong net income.

Balance Sheet

The company maintains a very strong balance sheet with no debt in 2024, resulting in a Debt-to-Equity Ratio of 0. The Equity Ratio is robust at 99.3%, reflecting a highly solvent position. The Return on Equity (ROE) is impressive at 41.6%, showcasing efficient use of equity to generate profits. These metrics indicate financial stability and low leverage risk.

Cash Flow

Pinetree Capital's cash flow situation has improved, with a positive Free Cash Flow of $2.96M in 2024 compared to negative values in previous years. The Operating Cash Flow to Net Income Ratio is 0.09, which is quite low, suggesting that a smaller portion of net income is being converted into cash flow. This could be a potential area of concern if not addressed going forward.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
33.29M	6.65M	2.08M	2.28M	1.70M
	Gross Profit
33.29M	6.62M	2.04M	2.23M	1.68M
	EBIT
-64.76M	5.90M	1.17M	1.47M	1.25M
	EBITDA
0.00	-107.00K	1.36M	0.00	1.25M
	Net Income Common Stockholders
32.33M	5.75M	1.18M	1.46M	1.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.13M	2.17M	6.04M	9.94M	1.11M
	Total Assets
78.27M	45.75M	40.06M	38.85M	19.48M
	Total Debt
0.00	198.00K	203.00K	203.00K	207.00K
	Net Debt
-5.13M	-2.17M	-5.84M	-9.74M	-906.00K
	Total Liabilities
571.00K	377.00K	443.00K	412.00K	383.00K
	Stockholders Equity
77.70M	45.37M	39.62M	38.44M	19.10M
Cash Flow		Free Cash Flow
2.96M	-3.88M	-3.89M	-10.91M	-5.09M
	Operating Cash Flow
2.96M	-3.88M	-3.89M	-10.91M	-5.09M
	Investing Cash Flow
0.00	0.00	-3.16M	-10.34M	-5.01M
	Financing Cash Flow
0.00	0.00	0.00	17.88M	0.00

Pinetree Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PNP, the sentiment is Positive. The current price of 17.43 is above the 20-day moving average (MA) of 15.80, above the 50-day MA of 14.45, and above the 200-day MA of 10.41, indicating a bullish trend. The MACD of 0.90 indicates Negative momentum. The RSI at 65.45 is Neutral, neither overbought nor oversold. The STOCH value of 84.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PNP.

Pinetree Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNP	85 Outperform	C$166.24M	5.14	52.53%	―	―	461.89%
ALC	73 Outperform	C$612.57M	6.60	10.92%	5.10%	-2.46%	4.75%
Sector *	63 Neutral	$12.33B	9.59	8.02%	79.26%	12.87%	-4.61%
GRC	43 Neutral	C$18.40M	―	-2.70%	―	―	-3.13%

Pinetree Capital Corporate Events

Pinetree Capital Reports Strong Financial Growth in 2024

Pinetree Capital Ltd., a company listed on the Toronto Stock Exchange under the symbol PNP, has reported its audited financial results for the year ending December 31, 2024. The company saw a significant increase in its book value per share, rising from $4.83 in 2023 to $8.28 in 2024, marking a 71% increase. This growth was primarily driven by an increase in equity investments at fair value, which represented 94% of the book value by the end of 2024. The company’s total assets increased to $78,270, while total liabilities remained low at $571. Expenses for the year were $939, accounting for 1.2% of the book value, which is a decrease from the previous year’s 1.9%. This financial performance reflects a strong year for Pinetree Capital, with substantial growth in equity investments and improved efficiency in managing expenses.