diff --git a/finance/py-thepassiveinvestor/Makefile b/finance/py-thepassiveinvestor/Makefile
index b123749c0849..5f2fe93dbed3 100644
--- a/finance/py-thepassiveinvestor/Makefile
+++ b/finance/py-thepassiveinvestor/Makefile
@@ -1,24 +1,26 @@
 PORTNAME=	thepassiveinvestor
-DISTVERSION=	1.2.1
+DISTVERSION=	1.2.2
 CATEGORIES=	finance python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	yuri@FreeBSD.org
 COMMENT=	Passive Investing for the Average Joe
 WWW=		https://github.com/JerBouma/ThePassiveInvestor
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
+BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}poetry-core>=1.0.0:devel/py-poetry-core@${PY_FLAVOR} \
+		${PY_SETUPTOOLS}
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}openpyxl>0:textproc/py-openpyxl@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pandas>=1.5.3:math/py-pandas@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}urllib3>=1.26.14:net/py-urllib3@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}yahooquery>=2.3.1:finance/py-yahooquery@${PY_FLAVOR}
 
 USES=		python
-USE_PYTHON=	distutils autoplist
+USE_PYTHON=	pep517 autoplist
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/finance/py-thepassiveinvestor/distinfo b/finance/py-thepassiveinvestor/distinfo
index 013420786b01..ef34fa72c438 100644
--- a/finance/py-thepassiveinvestor/distinfo
+++ b/finance/py-thepassiveinvestor/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1704053447
-SHA256 (thepassiveinvestor-1.2.1.tar.gz) = a2e488c8ade9836eb5b44cb965adbd77d2858eecbde620fd8a5dff34d334e728
-SIZE (thepassiveinvestor-1.2.1.tar.gz) = 17252
+TIMESTAMP = 1708060860
+SHA256 (thepassiveinvestor-1.2.2.tar.gz) = 281f553897e82cfd11889d51c8b376cbc6de8d2629ca599fc7c3fd56c6530555
+SIZE (thepassiveinvestor-1.2.2.tar.gz) = 17555