POSaBIT Systems logo
PBIT logo

POSaBIT SystemsCNSX:PBIT Stock Report

Market Cap CA$13.3m
Share Price
n/a
1Y-66.0%
7D6.3%
Portfolio Value
View

POSaBIT Systems Corporation

CNSX:PBIT Stock Report

Market Cap: CA$13.3m

PBIT Stock Overview

Operates as a financial infrastructure provider in the United States. More details

PBIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

POSaBIT Systems Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for POSaBIT Systems
Historical stock prices
Current Share PriceCA$0.085
52 Week HighCA$0.25
52 Week LowCA$0.07
Beta2.11
1 Month Change0%
3 Month Change6.25%
1 Year Change-66.00%
3 Year Change-91.90%
5 Year Change112.50%
Change since IPO-77.63%

Recent News & Updates

There's No Escaping POSaBIT Systems Corporation's (CSE:PBIT) Muted Revenues Despite A 29% Share Price Rise

Jan 29
There's No Escaping POSaBIT Systems Corporation's (CSE:PBIT) Muted Revenues Despite A 29% Share Price Rise

Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 26% Price Drop

Dec 14
Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 26% Price Drop

It's Down 28% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Oct 16
It's Down 28% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Recent updates

There's No Escaping POSaBIT Systems Corporation's (CSE:PBIT) Muted Revenues Despite A 29% Share Price Rise

Jan 29
There's No Escaping POSaBIT Systems Corporation's (CSE:PBIT) Muted Revenues Despite A 29% Share Price Rise

Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 26% Price Drop

Dec 14
Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 26% Price Drop

It's Down 28% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Oct 16
It's Down 28% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Slammed 44% POSaBIT Systems Corporation (CSE:PBIT) Screens Well Here But There Might Be A Catch

Aug 09
Slammed 44% POSaBIT Systems Corporation (CSE:PBIT) Screens Well Here But There Might Be A Catch

Positive Sentiment Still Eludes POSaBIT Systems Corporation (CSE:PBIT) Following 32% Share Price Slump

May 04
Positive Sentiment Still Eludes POSaBIT Systems Corporation (CSE:PBIT) Following 32% Share Price Slump

It's Down 31% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Mar 06
It's Down 31% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

Dec 18
POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks

A Piece Of The Puzzle Missing From POSaBIT Systems Corporation's (CSE:PBIT) Share Price

Apr 18
A Piece Of The Puzzle Missing From POSaBIT Systems Corporation's (CSE:PBIT) Share Price

Shareholder Returns

PBITCA Diversified FinancialCA Market
7D6.3%-0.5%-0.5%
1Y-66.0%13.4%16.2%

Return vs Industry: PBIT underperformed the Canadian Diversified Financial industry which returned 13.7% over the past year.

Return vs Market: PBIT underperformed the Canadian Market which returned 17.3% over the past year.

Price Volatility

Is PBIT's price volatile compared to industry and market?
PBIT volatility
PBIT Average Weekly Movementn/a
Diversified Financial Industry Average Movement4.7%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine PBIT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
201554Ryan Hamlinwww.posabit.com

POSaBIT Systems Corporation operates as a financial infrastructure provider 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 Fundamentals Summary

How do POSaBIT Systems's earnings and revenue compare to its market cap?
PBIT fundamental statistics
Market capCA$13.30m
Earnings (TTM)-CA$8.82m
Revenue (TTM)CA$23.96m

0.6x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PBIT income statement (TTM)
RevenueUS$16.91m
Cost of RevenueUS$10.84m
Gross ProfitUS$6.06m
Other ExpensesUS$12.29m
Earnings-US$6.22m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin35.87%
Net Profit Margin-36.80%
Debt/Equity Ratio258.8%

How did PBIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 11:12
End of Day Share Price 2025/02/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

POSaBIT Systems Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.