Pinetree Capital Ltd.

Overview

Pinetree Capital Ltd. is a Canadian private investment firm specializing in early-stage investments in micro and small-cap companies. The firm focuses on sectors such as enterprise software, financial services, and healthcare, primarily investing in the United States, Canada, and Europe. Pinetree Capital Ltd. invests primarily in equities as well as debt and convertible securities, taking minority stakes in companies. It typically holds 8-12 investments, resulting in equity positions between 7% and 12% of assets, which might exceed 20%. Founded in 1992, Pinetree Capital Ltd. is based in Toronto, Canada, with an additional office in Toronto, Canada. The firm's CEO is Damien Leonard. Pinetree Capital Ltd. is publicly traded on the Toronto Stock Exchange under the ticker symbol PNP. In 2025, Pinetree Capital's revenue was 12.15 million CAD, a decrease of 63.52% compared to the previous year's 33.30 million CAD. Earnings were 9.89 million CAD, a decrease of 69.42%.

Investment Focus

• Focus on micro and small-cap companies
• Preference for enterprise software, financial services, and healthcare sectors
• Investments primarily in equities, debt, and convertible securities
• Typically takes minority stakes in companies
• Holds 8-12 investments with equity positions between 7% and 12% of assets, which might exceed 20%