POSaBIT Systems Corporation (POSAF)

OTCMKTS · Delayed Price · Currency is USD
0.0592
-0.0043 (-6.71%)
Jun 5, 2025, 2:58 PM EDT
-39.31%
Market Cap 10.30M
Revenue (ttm) 14.41M
Net Income (ttm) -4.90M
Shares Out n/a
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,000
Average Volume 12,967
Open 0.0709
Previous Close 0.0635
Day's Range 0.0592 - 0.0709
52-Week Range 0.0410 - 0.1400
Beta 0.58
RSI 50.72
Earnings Date Aug 27, 2025

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]

Sector Technology
Founded 2015
Employees 54
Stock Exchange OTCMKTS
Ticker Symbol POSAF
Full Company Profile

Financial Performance

In 2024, POSaBIT Systems's revenue was $15.27 million, a decrease of -64.95% compared to the previous year's $43.58 million. Losses were -$5.72 million, -58.46% less than in 2023.

Financial Statements

News

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...

7 days ago - Business Wire

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 ...

9 days ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

POSaBIT Systems Corporation (POSAF) Q2 2024 Earnings Call Transcript

POSaBIT Systems Corporation (OTCQX:POSAF) Q2 2024 Earnings Conference Call August 27, 2024 4:30 PM ET Company Participants Oscar Dahl - Chief of Staff Ryan Hamlin - CEO & Co-Founder Chelsea Bolander -...

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

POSaBIT to Host Second 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...

10 months ago - Business Wire

POSaBIT Reports First 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...

1 year ago - Business Wire

POSaBIT to Host First 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...

1 year ago - Business Wire

POSaBIT Announces Anticipated Late Filing of the First Quarter Interim Filings

TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), announces today that the Company is anticipating a delay in filing its interim financial sta...

1 year ago - Business Wire

POSaBIT Reports Fourth Quarter and Annual 2023 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...

1 year ago - Business Wire

POSaBIT Announces Rescheduled FY 2023 Earnings 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 re...

1 year ago - Business Wire

POSaBIT Announces Anticipated Late Filing of 2023 Annual Filings

TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT") announces today that the Company is anticipating a delay in filing its annual financial state...

1 year ago - Business Wire

POSaBIT to Host Fourth Quarter and FY 2023 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...

1 year ago - Business Wire

POSaBIT Closes Non-Brokered Unit Offering to Fund Convertible Unsecured Note Maturity

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 announ...

1 year ago - Business Wire

POSaBIT Applies to List Common Shares on the TSXV

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 announ...

1 year ago - Business Wire

POSaBIT Announces Non-Brokered Unit Offering to Fund Convertible Unsecured Note Maturity

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 announ...

1 year ago - Business Wire

POSaBIT Systems Corporation (POSAF) Q3 2023 Earnings Call Transcript

POSaBIT Systems Corporation (OTCQX:POSAF) Q3 2023 Earnings Conference Call November 30, 2023 4:30 PM ET Company Participants Oscar Dahl - Investor Relations Ryan Hamlin - Chief Executive Officer Matth...

1 year ago - Seeking Alpha

POSaBIT Reports Third Quarter 2023 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...

1 year ago - Business Wire

POSaBIT to Host Third Quarter 2023 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...

1 year ago - Business Wire

POSaBIT Ranked Number 132 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

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...

1 year ago - Business Wire