POSaBIT Systems Corporation (CSE:PBIT)
Canada
· Delayed Price · Currency is CAD | Market Cap | 12.97M |
| Revenue (ttm) | 13.72M |
| Net Income (ttm) | -2.74M |
| Shares Out | 162.16M |
| EPS (ttm) | -0.02 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 63,250 |
| Average Volume | 42,585 |
| Open | 0.0700 |
| Previous Close | 0.0650 |
| Day's Range | 0.0700 - 0.0800 |
| 52-Week Range | 0.0350 - 0.1200 |
| Beta | 0.88 |
| RSI | 58.11 |
| Earnings Date | Apr 22, 2026 |
About POSaBIT Systems
POSaBIT Systems Corporation operates as a financial infrastructure provider to the Cannabis sector in the United States. It provides point-of-sale (POS) software as a service and cashless payment services for cannabis retailers; and sells and installs of payment terminals. The company also offers license of technology and support services, as well as rents and sells of hardware related to its payments and POS services. POSaBIT Systems Corporation was founded in 2015 and is headquartered in Seattle, Washington. [Read more]
Financial Performance
In 2025, POSaBIT Systems's revenue was $10.00 million, a decrease of -34.50% compared to the previous year's $15.27 million. Losses were -$2.00 million, -65.07% less than in 2024.
Financial numbers in USD Financial StatementsNews
POSaBIT Systems Earnings Call Transcript: Q4 2025
Record adjusted EBITDA and gross margin achieved despite lower revenue from a strategic payment model shift. Cash reserves and profitability improved, with new AI-driven products and SaaS growth expected to drive double-digit gross profit growth in 2026.
POSaBIT Launches New AI-Driven Producer & Processor Portal: POSaBIT Brands
SEATTLE--(BUSINESS WIRE)--POSaBIT today announced the launch of POSaBIT Brands, a new software platform built specifically for cannabis producers and processors.
POSaBIT to Host Fourth Quarter and FY 2025 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, will host ...
POSaBIT Applauds Today's Executive Order to Reschedule Cannabis as a Pivotal Step Forward for the Industry
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT (CSE: PBIT, OTC: POSAF), a leading provider of point-of-sale and payments infrastructure for the cannabis industry, today expressed strong support for the f...
POSaBIT Systems Earnings Call Transcript: Q3 2025
Record adjusted EBITDA and margin expansion highlight a profitable Q3, with recurring SaaS revenue up 22% quarter-over-quarter. Cash position strengthened and payables reduced, as the company shifts focus to new product investments and market expansion.
POSaBIT Reports Third Quarter 2025 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today anno...
POSaBIT to Host Third Quarter 2025 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will ho...
POSaBIT Systems Earnings Call Transcript: Q2 2025
Q2 2025 marked a historic first net income and record adjusted EBITDA, driven by higher gross margins, disciplined cost control, and growth in POS and SaaS revenue. Expansion continues in new states, and management is optimistic about regulatory changes and new product offerings.
POSaBIT Reports Second Quarter 2025 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today anno...
POSaBIT to Host Second Quarter 2025 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will ho...
POSaBIT Announces Results of Annual and Special Meeting of Shareholders
TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, is pleased to report...
POSaBIT Systems Transcript: AGM 2025
The meeting confirmed quorum, set the board at three directors, and approved all resolutions, including director elections, auditor appointment, and a share consolidation. All votes passed and results will be annexed to the minutes.
POSaBIT Systems Earnings Call Transcript: Q1 2025
Q1 2025 saw stable adjusted gross margins and strong year-over-year growth in adjusted EBITDA and gross profit, despite a slight dip in revenue due to payment processor migration. The point of sale and e-commerce segments showed robust growth, and positive cash flow was achieved.
POSaBIT Reports First Quarter 2025 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today anno...
POSaBIT to Host First Quarter 2025 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, will host ...
POSaBIT Systems Earnings Call Transcript: Q4 2024
2024 saw a major payment platform shift, reducing revenue but boosting gross margins and recurring POS growth. Adjusted gross profit rose 19% year-over-year, with cost controls narrowing net loss. Management expects continued growth and positive cash flow in 2025.
POSaBIT Reports Fourth Quarter and Annual 2024 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today anno...
POSaBIT to Host Fourth Quarter and FY 2024 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will ho...
POSaBIT is the Overwhelming Cannabis Point of Sale Solution of Choice in Washington State, Processing Over 85% of all Cannabis transactions
SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leading provider of point of sale and payments infrastructure in the cannabis industry, is proud to announce that it no...
POSaBIT Systems Earnings Call Transcript: Q3 2024
Q3 2024 saw continued positive free cash flow and adjusted EBITDA, with a 53% sequential increase in adjusted EBITDA. Revenue and gross margin dipped due to a one-time adjustment, but POS merchant growth and new product launches support a positive outlook for 2025.
POSaBIT Reports Third Quarter 2024 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today anno...
POSaBIT to Host Third Quarter 2024 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will ho...
POSaBIT Announces Full Integration of Metrc Connect
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leading provider of point of sale software and payments infrastructure in the cannabis industry, has complete...
POSaBIT Systems Earnings Call Transcript: Q2 2024
Q2 2024 saw a return to positive adjusted EBITDA and free cash flow, with revenue and gross margin up significantly quarter-over-quarter. New product launches and strong POS growth are driving recurring revenue, while regulatory and market headwinds persist.
POSaBIT Reports Second Quarter 2024 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments and point-of-sale infrastructure in the cannabis in...