POSaBIT Systems Third Quarter 2024 Earnings: US$0.013 loss per share (vs US$0.05 loss in 3Q 2023)

POSaBIT Systems (CSE:PBIT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$4.08m (down 70% from 3Q 2023).
• Net loss: US$2.08m (loss narrowed by 72% from 3Q 2023).
• US$0.013 loss per share (improved from US$0.05 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

POSaBIT Systems shares are up 38% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for POSaBIT Systems (2 are a bit unpleasant!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.