ParcelPal Logistics Inc. (PTNYF) Stock Price Quote, News &…

Summary

ParcelPal Logistics, Inc. engages in the provision of delivery services and logistics solutions. Its services include Warehousing Solutions, Next Day Delivery, Same Day Delivery, and E-commerce Integration. The company was founded by Kelly Abbott and Dylan McRobert on March 10, 1997 and is headquartered in Vancouver, Canada.

Website

www.parcelpal.com

Location

Vancouver, A1, CA

Phone587 883 9811

Employees193

CEORich Wheeless

Sector

Industrials

IndustryAirlines, Airports & Air Services

IPO DateJan 11, 2017

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Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

How it makes money

A short diagram of the business model.

Latest Documents

Mentions in Filings

… has more than 20 years of financial leadership and corporate management experience across public and private companies. Since February 2020, he has served as Chief Executive Officer and Chief Financial Officer of ParcelPal Logistics Inc., a last-mile delivery and warehousing solutions company. From March 2019 to February 2020, Mr. Wheeless served as Interim Chief Executive Officer of Enrich Media Group. From January 2018 to March 2019, he served …
Netcapital Inc.ParcelPal Logistics Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·14 Apr
Rich Wheeless is our Chief Executive Officer (“CEO”) and a director. He previously served as Chairman & CEO of ParcelPal Logistics, Inc., from March 2020 to December 2025 and prior to this as the CFO of the publicly traded company Taal Distributed Information Technologies Inc. He holds a BS in Finance from Miami University and an MBA with honors from Otterbein University. Mr. Wheeless is an experienced C-suite operator spanning across numerous in …
Netcapital Inc.ParcelPal Logistics Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·24 Mar
… has more than 20 years of financial leadership and corporate management experience across public and private companies. Since February 2020, he has served as Chief Executive Officer and Chief Financial Officer of ParcelPal Logistics Inc., a last-mile delivery and warehousing solutions company. From March 2019 to February 2020, Mr. Wheeless served as Interim Chief Executive Officer of Enrich Media Group. From January 2018 to March 2019, he served …
Netcapital Inc.ParcelPal Logistics Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·24 Feb
Rich Wheeless is our Chief Executive Officer (“CEO”) and a director. He previously served as Chairman & CEO of ParcelPal Logistics, Inc., from March 2020 to December 2025 and prior to this as the CFO of the publicly traded company Taal Distributed Information Technologies Inc. He holds a BS in Finance from Miami University and an MBA with honors from Otterbein University. Mr. Wheeless is an experienced C-suite operator spanning across numerous in …
Netcapital Inc.ParcelPal Logistics Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·2 Feb
… has more than 20 years of financial leadership and corporate management experience across public and private companies. Since February 2020, he has served as Chief Executive Officer and Chief Financial Officer of ParcelPal Logistics Inc., a last-mile delivery and warehousing solutions company. From March 2019 to February 2020, Mr. Wheeless served as Interim Chief Executive Officer of Enrich Media Group. From January 2018 to March 2019, he served …
Netcapital Inc.ParcelPal Logistics Inc.·8-K - Entry into a Material Definitive Agreement·Q3 26·8 Dec 2025

Key Stats

Trading

Px/Chg 1D$0.01 / +0.00%

52 Wk H$0.00

52 Wk L$1,099,900.00

Avg Volume1.33K

Beta-17,339.66

Mkt Cap256.47K

FD Mkt Cap256.47K

Float

Shrs Out/Float23.32M / 21.71M

Short Float0.00%

Days to Cover1.00

Stock Repurchased$0.00

Current Valuation

EV1.69M

EV/EBITDA-3.92

EV/Sales0.13

P/B-0.11

P/S0.02

FCF Yield61.56%

ROE4.61%

ROA-2.74%

Current Ratio0.07

Estimates

P/E-0.15

Est P/E0.00

Est EPS0.00

Est PEG0.00

Valuation

Metric	5Yr Avg	Mar '20	Jun '21	May '22	May '23	Oct '26
PRICE-BASED RATIOS
Price / Earnings	-1.34	-1.20	-1.50	-0.72	-0.83	-2.47
Price / Sales	0.61	1.15	1.15	0.39	0.26	0.07
Price / Book Value	4.64	14.14	-3.38	14.22	-1.67	-0.11
Price / Free Cash Flow	-2.55	-2.05	-7.02	-2.59	-2.72	1.62
ENTERPRISE VALUE METRICS
Enterprise Value	5.1	5.4	8.0	5.5	4.9	1.7
Enterprise Value / Sales	0.81	1.14	1.27	0.73	0.43	0.46
Enterprise Value / EBITDA	0.16	-1.29	-1.93	-1.82	-2.82	8.67
Enterprise Value / EBIT	-7.37	-1.19	-1.77	-1.63	-1.60	-30.65

Financials

Full Financials

Millions CAD	5Yr CAGR (%)	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22
INCOME STATEMENT
Revenue	35.1%	3.4	4.8	6.3	7.5	11.2
Gross Income	25.7%	0.8	0.8	0.4	1.3	2.0
EBITDA	-14.8%	-3.3	-4.2	-4.2	-3.0	-1.7
EBIT	-4.3%	-3.6	-4.6	-4.6	-3.3	-3.0
Net Income	-95.5%	-3.7	-4.6	-4.9	-4.1	-3.5
EPS (Diluted)	-26.6%	-0.06	-0.06	-0.50	-0.30	-0.02
BALANCE SHEET
Cash & ST Inv	-56.2%	2.1	0.3	0.3	0.6	0.1
Total Assets	6.9%	3.5	1.3	1.0	5.5	4.6
Total Liabilities	48.9%	1.3	0.9	3.2	5.3	6.3
Total Shareholder Equity	—	2.2	0.4	-2.2	0.2	-1.8
CASH FLOW
Net Operating Cash Flow	-2.5%	-1.2	-2.7	-0.9	-1.1	-1.0
Cap Ex	2.1%	-0.0	-	-0.1	-0.1	-0.0
Free Cash Flow	-2.4%	-1.2	-2.7	-1.0	-1.1	-1.1

Enterprise Value Bridge

Millions CAD		13 Nov '26
Price (As of 13 Nov '26)		0.01
Basic Shares		23.32
Market Cap		0.3
Diluted Shares		230.93
Fully Diluted Shares Outstanding		230.93
Fully Diluted Market Cap		2.5
+Consolidated Debt		1.7
−In-the-Money Convertible Debt		—
+Capital Leases		-
+Operating Leases		—
−Cash & Equivalents		-0.3
−Short-term Investments		-
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		-
+Pension Liabilities		—
Enterprise Value		1.7

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