POSaBIT Systems Corporation (CSE:PBIT)
Canada · Delayed Price · Currency is CAD | Market Cap | 14.59M -56.6% |
| Revenue (ttm) | 13.72M -34.5% |
| Net Income | -2.74M |
| EPS | -0.02 |
| Shares Out | 162.16M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,000 |
| Average Volume | 41,958 |
| Open | 0.0900 |
| Previous Close | 0.0700 |
| Day's Range | 0.0900 - 0.0900 |
| 52-Week Range | 0.0350 - 0.1200 |
| Beta | 1.03 |
| RSI | 63.74 |
| 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 Systems Registration statement: Q4 2025
POSaBIT Systems filed a registration statement on April 22, 2026, providing details about a securities offering with the SEC.
POSaBIT Systems Registration statement: Q4 2025
POSaBIT Systems filed a registration statement on April 22, 2026, providing details about a securities offering with the SEC.
POSaBIT Systems Earnings release: Q4 2025
POSaBIT Systems released its Q4 2025 earnings on April 22, 2026, summarizing the period's financial results.
POSaBIT Systems announces launch of POSaBIT Brands platform
POSaBIT Systems (POSAF) Corporation announced the launch of POSaBIT Brands, a new software platform built specifically for cannabis producers and processors. POSaBIT Brands marks the Company’s first m...
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 says Trump order on rescheduling cannabis ‘a pivotal step forward’
POSaBIT Systems (POSAF) expressed “strong support” for the federal government’s decision to reschedule cannabis from a Schedule I to a Schedule III substance under the Controlled Substances Act. “The ...
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 Systems Quarterly report: Q3 2025
POSaBIT Systems has published its Q3 2025 quarterly earnings report on November 12, 2025.
POSaBIT Systems Registration statement: Q3 2025
POSaBIT Systems filed a registration statement on November 12, 2025, providing details about a securities offering with the SEC.
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 Systems Registration statement: Q2 2025
POSaBIT Systems filed a registration statement on August 21, 2025, providing details about a securities offering with the SEC.
POSaBIT Systems Earnings release: Q2 2025
POSaBIT Systems released its Q2 2025 earnings on August 21, 2025, summarizing the period's financial results.
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 Systems Registration statement: Q1 2025
POSaBIT Systems filed a registration statement on May 30, 2025, providing details about a securities offering with the SEC.
POSaBIT Systems Earnings release: Q1 2025
POSaBIT Systems released its Q1 2025 earnings on May 30, 2025, summarizing the period's financial results.
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...