POSaBIT Systems Corporation (CSE:PBIT)
Canada · Delayed Price · Currency is CAD | Market Cap | 10.54M -35.0% |
| Revenue (ttm) | 12.63M -31.5% |
| Net Income | -3.00M |
| EPS | -0.02 |
| Shares Out | 162.17M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 24,000 |
| Open | 0.0650 |
| Previous Close | 0.0650 |
| Day's Range | 0.0650 - 0.0650 |
| 52-Week Range | 0.0450 - 0.1200 |
| Beta | 1.10 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 20, 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 under the POSaBIT brand name. 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: Q2 2026
POS revenue grew 64% year-over-year, while gross margin expanded to 91% and adjusted EBITDA rose 177%. Cash on hand increased to $3.34 million, and the company is leveraging AI and focusing on Washington's cannabis market for strategic growth.
POSaBIT Systems Registration statement: Q2 2026
POSaBIT Systems filed a registration statement on August 20, 2026, providing details about a securities offering with the SEC.
POSaBIT Systems Registration statement: Q2 2026
POSaBIT Systems filed a registration statement on August 20, 2026, providing details about a securities offering with the SEC.
POSaBIT Reports Second Quarter 2026 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of point of sale and payment solutions for the cannabis industr...
POSaBIT to Host Second Quarter 2026 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of point-of-sale solutions and payments infrastructure in th...
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 2026
The meeting covered director elections, auditor appointment, and a share consolidation resolution, all of which were approved by shareholders through electronic voting. The board was set at three members, and McGovern Hurley LLP was appointed as auditor.
POSaBIT Systems Slides: Investor presentation
POSaBIT Systems has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.
POSaBIT Systems Earnings Call Transcript: Q1 2026
Q1 2026 saw strong gross profit and margin growth despite lower revenue, driven by a shift to higher-margin SaaS and recurring revenues. Cash reserves and operating cash flow improved, and new products like the Brand Portal gained traction, positioning the company for continued profitability.
POSaBIT Systems Registration statement: Q1 2026
POSaBIT Systems filed a registration statement on May 29, 2026, providing details about a securities offering with the SEC.
POSaBIT Systems Registration statement: Q1 2026
POSaBIT Systems filed a registration statement on May 29, 2026, providing details about a securities offering with the SEC.
POSaBIT Systems Earnings release: Q1 2026
POSaBIT Systems released its Q1 2026 earnings on May 29, 2026, summarizing the period's financial results.
POSaBIT Reports First Quarter 2026 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of point of sale and payment solutions for the cannabis industr...
POSaBIT to Host First Quarter 2026 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of point-of-sale solutions and payments infrastructure in th...
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 Registration statement: Q3 2025
POSaBIT Systems filed a registration statement on November 12, 2025, providing details about a securities offering with the SEC.