Company POSaBIT Systems Corporation

Equities

PBIT

CA7373071082

Financial Technology (Fintech)

Market Closed - Canadian Securities Exchange 03:59:51 2024-03-28 pm EDT 5-day change 1st Jan Change
0.22 CAD +4.76% Intraday chart for POSaBIT Systems Corporation +15.79% -37.14%

Business Summary

POSaBIT Systems Corporation is a financial technology company that delivers payment processing and point-of-sale (POS) systems for cash-only businesses. The Company specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution. Its POS system is specifically designed to suit the needs of cannabis retailers and eliminate the pain points of running store. It provides a complete payment solution for any and all cannabis retailers and dispensaries. Its online portal gives access to real-time reporting of store performance, customer demographics, and transaction data. POSaBIT PIN Debit is the payment solution for a coffee shop, a grocery store or other retailer. POSaBIT ACH allows customers to log in and store their banking information within its payment portal. POSaBIT POS and POSaBIT POS 2.0 are POS systems. Its wholly owned subsidiary is POSaBIT US, Inc.

Number of employees: 47

Sales per Business

CAD in Million2021Weight2022Weight Delta
Payment Services
67.7 %
- - 44 67.7 % -
POS Services
32.3 %
3 12.7 % 21 32.3 % +514.62%

Sales per region

CAD in Million2021Weight2022Weight Delta
United States
100.0 %
27 100.0 % 65 100.0 % +142.62%

Managers

Managers TitleAgeSince
Founder 55 19-04-02
Director of Finance/CFO - 21-05-12
Compliance Officer - 23-02-09
Chief Operating Officer - 23-02-01
Chief Tech/Sci/R&D Officer 57 19-04-02
Public Communications Contact - 19-06-30
Corporate Officer/Principal - 22-05-25
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 21-04-20
Director/Board Member - 20-06-02
Founder 55 19-04-02
Director/Board Member - 21-07-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 153,243,034 80,954,492 ( 52.83 %) 0 52.83 %

Shareholders

NameEquities%Valuation
Alex Sharp
18.58 %
28,350,260 18.58 % 5 M $
12,183,135 7.983 % 2 M $
10,653,517 6.980 % 2 M $
2,550,498 1.671 % 484 595 $
718,687 0.4709 % 136 551 $
593,754 0.3890 % 112 813 $
Connectus Wealth LLC
0.0164 %
25,000 0.0164 % 4 750 $
20,000 0.0131 % 3 800 $
Matthew Fowler
0.009828 %
15,000 0.009828 % 2 850 $
Julie Solomon
0.000000 %
0 0.000000 % - $

Company contact information

POSaBIT Systems Corp.

11915 124th Avenue NE

98034, Kirkland

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http://www.posabit.com
address POSaBIT Systems Corporation(PBIT)