POSAF - POSaBIT Systems Corporation
| Previous close | 0.5904 |
| Open | 0.5947 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 0.5855 - 0.6200 |
| 52-week range | 0.2600 - 0.9100 |
| Volume | |
| Avg. volume | 54,344 |
| Market cap | 97.069M |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 15.50 |
| EPS (TTM) | 0.0400 |
| Earnings date | 23 Aug 2023 - 28 Aug 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
Business WirePOSaBIT Reports First Quarter 2023 Financial Results
TORONTO & SEATTLE, May 31, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three months ended March 31, 2023.
Business WirePOSaBIT to Host First Quarter 2023 Earnings Conference Call
TORONTO & SEATTLE, May 23, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the " Company " or " POSaBIT "), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on May 31, 2023 at 4:30 p.m. eastern time to discuss the results of the first quarter ended March 31, 2023.
Business WirePOSaBIT Reports Fourth Quarter and Full-Year 2022 Financial Results
TORONTO & SEATTLE, April 26, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three and 12 months ended December 31, 2022.
Business WirePOSaBIT Celebrates Another Successful 4/20 with Record-Breaking Performance
SEATTLE, April 24, 2023--For clients of Seattle-based cannabis payments and point of sale provider POSaBIT, 4/20 means one thing: green.
Business WirePOSaBIT to Host Fourth Quarter and FY 2022 Earnings Conference Call
TORONTO & SEATTLE, April 18, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 26, 2023 at 4:30 p.m. eastern time to discuss the results of the fourth quarter and full year ended December 31, 2022.
Business WirePOSaBIT Announces Termination Notice from Akerna
TORONTO & SEATTLE, April 07, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, today announced the receipt of a notice of termination (the "Notice") from Akerna Corp. ("Akerna") in connection with the Company’s previously announced definitive agreement to acquire MJ Platform, Leaf Data Systems and Ample Organics (the "Acquired Companies"). The Notice states that Akerna has determined tha
Business WirePOSaBIT Acquires Payments Solutions Provider Hypur for US$7.5 Million, Adding Over US$100 Million in Annualized Payment GMV
TORONTO & SEATTLE, April 03, 2023--POSaBIT Systems Corporation ("POSaBIT" or the "Company") (CSE: PBIT, OTC: POSAF), a premier point-of-sale and payments provider for the cannabis industry, today announced it has acquired certain assets from Hypur Inc. ("Hypur"), effective April 1, 2023, in a cash and equity transaction valued at up to US$7.5 million, implying a purchase price multiple of 1.4x 2022 revenue.1
Business WirePOSaBIT Expects FY 2023 Revenue of $60 to $63 Million, Gross Profit of $15 to $17 Million and to Resume Profitability on an Adjusted EBITDA Basis
TORONTO & SEATTLE, March 21, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a premier point-of-sale and payments provider for the cannabis industry, today provided financial guidance for 2023.
Business WirePOSaBIT to Participate in a Fireside Chat at the 35th Annual Roth Conference on Monday, March 13, 2023, at 2:00 pm PT
KIRKLAND, Wash., March 07, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier point-of-sale and payments provider for the cannabis industry, today announced that management will participate in a fireside chat at the 35th Annual Roth Conference on Monday, March 13, 2023 at 5:00 pm ET / 2:00 pm PT. Investors can view the webcast at the following link: https://wsw.com/webcast/roth46/posaf/1982415.
Business WirePOSaBIT Announces Sarah Mirsky-Terranova as Chief Compliance Officer
KIRKLAND, Wash., February 10, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, is proud to name Sarah Mirsky-Terranova, Esq., as the company’s Chief Compliance Officer.
Business WireChris Baker Named Chief Strategic Officer at POSaBIT, Leading Cannabis Fintech
KIRKLAND, Wash., February 02, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) ("POSaBIT" or the "Company"), the premier cannabis payments and point of sale platform, is proud to name Chris Baker to the company’s newly-created Chief Strategic Officer role.
Business WirePOSaBIT to Acquire MJ Platform, Leaf Data Systems and Ample Organics for US$4 Million Adding 350+ Merchants and More than US$2 Billion in GMV
TORONTO & SEATTLE, January 27, 2023--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, today announced it has signed a definitive agreement to acquire MJ Platform, Leaf Data Systems and Ample Organics (collectively, the "Acquired Companies") from Akerna Corp. (Nasdaq: KERN) for US$4 million in an all-cash transaction (the "Acquisition").
Business WirePOSaBIT Continues to Champion PIN Debit Solution for Cannabis to Reduce Cash Reliance
TORONTO & SEATTLE, December 06, 2022--While the cannabis industry continues to struggle with cash-based or alternative – and often risky – payment options, POSaBIT, the premier cannabis point of sale and payment platform, continues to champion the industry-leading POSaBIT payments platform. Leveraging the compliant and highly resilient PIN debit system, POSaBIT payments take the risk out of other, less reliable industry payment platforms like point of banking, clunky ACH or expensive third-party
Business WirePOSaBIT Reports Third Quarter 2022 Financial Results
TORONTO & SEATTLE, November 29, 2022--POSaBIT Systems Corporation ("POSaBIT" or the "Company") (CSE: PBIT, OTC: POSAF), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three and nine months ended September 30, 2022.
Business WirePOSaBIT Partners with Last Mile Delivery Management Company Onfleet to Extend Payment Services for Cannabis Customers
TORONTO & SEATTLE, November 29, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, today announced a partnership and product integration with Onfleet, the leading last mile delivery management software platform. The integration extends the POSaBIT payments and point-of-sale technologies into the Onfleet platform to streamline processes and improve efficiency for cannabis customers.
Business WirePOSaBIT Continues Eastward Expansion, Goes Live with Point of Sale System in Vermont
TORONTO & SEATTLE, November 28, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, has gone live with their point of sale system in the Vermont market. While POSaBIT is able to take payments in any state, the unique regulatory requirements of each state mean that the point of sale system is extensively customized for each market. Vermont marks the 21st state that is active with POSaBIT’s dispensary solutions. This is a continuatio
Business WirePOSaBIT to Present at the Benchmark Company’s Upcoming Discovery One-on-One Investor Conference
TORONTO & SEATTLE, November 22, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, today announced it will be presenting at the Benchmark Company’s 11th Annual Discovery One-on-One Investor Conference to be held Thursday, December 1st, 2022 at the New York Athletic Club in New York City.
Business WirePOSaBIT Releases POSaBIT 2.0, Their Next-Generation Point of Sale Platform
TORONTO & SEATTLE, November 15, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, has unveiled POSaBIT 2.0.
Business WirePOSaBIT to Host Third Quarter 2022 Earnings Conference Call
TORONTO & SEATTLE, November 10, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, will host a conference call and live webcast on November 29, 2022 at 4:30 p.m. eastern time to discuss the results of the third quarter ended September 30, 2022.
Business WirePOSaBIT to Announce First US$10.0+ Million Quarter, up 58%+ Year-Over-Year, Enters New York Market and Has Contracted Merchants in 4 More States to Go Live By Year-End
TORONTO & SEATTLE, October 18, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), the leading provider of point of sale software and payments infrastructure in the cannabis industry, is poised to announce their first ever US$10.0+ million revenue quarter with record revenue of at least US$10.0 million in Q3 20221 as compared to revenue of US$6.3 million in Q3 2021, representing an approximately 60% increase year-over-year. The Company expects to announce comp
Business WirePOSaBIT Enters Illinois Market, Continues Streak of Record Payment Revenue Months
TORONTO & SEATTLE, September 20, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has entered the recreational cannabis market in Illinois. This marks the twentieth state in which POSaBIT’s solutions are currently active, and the fourth new state the company has entered this calendar year. POSaBIT is also pleased to announce that August was another record payments revenue month for the
Business WirePOSaBIT Begins Trading on OTCQX
TORONTO & SEATTLE, August 31, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, announced today that it has qualified to trade on the OTCQX® Best Market and begins trading today on OTCQX under the symbol "POSAF." POSaBIT’s common shares will continue to also trade on the Canadian Stock Exchange under the symbol "PBIT".
Business WirePOSaBIT Reports Second Quarter 2022 Financial Results
TORONTO & SEATTLE, August 25, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three months ended June 30, 2022.
Business WirePOSaBIT Announces ~$20MM USD Guaranteed Minimum Revenue Software License Agreement with Cannabis Technology Provider
TORONTO & SEATTLE, August 23, 2022--POSaBIT Systems Corporation ("POSaBIT" or the "Corporation") is pleased to announce the effectiveness of a software license agreement signed after market close on August 22, 2022 (the "License Agreement") pursuant to which POSaBIT has granted a non-exclusive, worldwide license to a large Cannabis technology partner (the "Licensee") to commercialize the Corporation’s point-of-sale technology (the "Licensed Property").
Business WirePOSaBIT to Host Second Quarter 2022 Earnings Conference Call
TORONTO & SEATTLE, August 02, 2022--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, will host a conference call and live webcast on August 25, 2022 at 4:30 p.m. eastern time to discuss the results of the second quarter ended June 30, 2022.