POSaBIT Systems Corporation

Equities

PBIT

CA7373071082

Financial Technology (Fintech)

Market Closed - Canadian Securities Exchange Other stock markets 03:48:54 2024-04-23 pm EDT			5-day change	1st Jan Change
0.19 ^CAD	+15.15%		+11.76%	-45.71%

2023	POSaBIT Systems Corporation announced that it has received CAD 0.87 million in funding from Perga Capital Management, LP	CI
2023	POSaBIT Applies to List Common Shares on TSXV; Up 13.5%	MT

POSaBIT Systems Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 24, 2023 at 04:31 pm EDT

POSaBIT Systems Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 13.47 million compared to USD 8.23 million a year ago. Net loss was USD 1.83 million compared to net income of USD 0.379854 million a year ago. Basic loss per share from continuing operations was USD 0.01.
For the six months, sales was USD 24.97 million compared to USD 14.55 million a year ago. Net loss was USD 4.86 million compared to USD 0.0899 million a year ago. Basic loss per share from continuing operations was USD 0.03.

Latest news about POSaBIT Systems Corporation

POSaBIT Systems Corporation announced that it has received CAD 0.87 million in funding from Perga Capital Management, LP	Dec. 28	CI
POSaBIT Applies to List Common Shares on TSXV; Up 13.5%	Dec. 22	MT
POSaBIT Systems Corporation announced that it expects to receive CAD 0.87 million in funding from Perga Capital Management, LP	Dec. 20	CI
Transcript : POSaBIT Systems Corporation, Q3 2023 Earnings Call, Nov 30, 2023	Nov. 30
POSaBIT Systems Third-Quarter Loss Widens on Charges as Revenue Rises	Nov. 30	MT
POSaBIT Systems Corp Brief: Q3 Net loss was US$7.5 Million	Nov. 30	MT
POSaBIT Systems Corp Brief: Total revenue was US$13.6 million, up 32% compared with $10.3 million in third quarter of 2022	Nov. 30	MT
POSaBIT Systems Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 28	CI
POSaBIT Systems Corporation Announces Highly Anticipated Full Launch of POSaBIT POS 2.0, Setting a New Standard for Point-Of-Sale Technology	23-09-07	CI
POSaBIT Systems Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-24	CI
Transcript : POSaBIT Systems Corporation, Q2 2023 Earnings Call, Aug 24, 2023	23-08-24
POSaBIT Systems Corporation Announces CFO Changes	23-08-24	CI
POSaBIT Systems Corporation Announces Executive Changes	23-08-24	CI
POSaBIT Systems Corporation Reaffirms Revenue Guidance for the Full Year 2023	23-08-24	CI
POSaBIT Systems Corporation Announces Chris Baker as Chief Operations Officer	23-08-09	CI
Transcript : POSaBIT Systems Corporation - Shareholder/Analyst Call	23-07-07
Transcript : POSaBIT Systems Corporation, Q1 2023 Earnings Call, May 31, 2023	23-05-31
POSaBIT Systems Corp Brief: Says Integration of Hypur Assets Proceeding "As Expected"; Reiterates FY 2023 Financial Guidance	23-05-31	MT
POSaBIT Systems Corp Brief: Q1 Total revenue was US$11.5 million; Net loss was $(3.0) million, inclusive of a $0.1 million non-cash change in fair value of derivative liabilities	23-05-31	MT
POSaBIT Systems Corporation Reaffirms Earnings Guidance for the Year Ending December 31, 2023	23-05-31	CI
POSaBIT Systems Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-31	CI
POSaBIT Systems Corporation Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-27	CI
POSaBIT Systems Corporation Auditor Raises 'Going Concern' Doubt	23-04-26	CI
Transcript : POSaBIT Systems Corporation, Q4 2022 Earnings Call, Apr 26, 2023	23-04-26
POSaBIT Systems Corporation Provides Earnings Guidance for the Year 2023	23-04-26	CI

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Company Profile

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.

Sector

Financial Technology (Fintech)

Calendar

2024-04-28 - Q4 2023 Earnings Release

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Financial Technology (Fintech) (NEC)