PBIT Stock Overview
POSaBIT Systems Corporation operates as a financial infrastructure provider in Canada and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
POSaBIT Systems Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.19 |
| 52 Week High | CA$1.08 |
| 52 Week Low | CA$0.15 |
| Beta | 2.23 |
| 1 Month Change | 0% |
| 3 Month Change | -33.33% |
| 1 Year Change | -80.41% |
| 3 Year Change | -45.71% |
| 5 Year Change | -58.70% |
| Change since IPO | -50.00% |
Recent News & Updates
It's Down 31% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks
Mar 06
POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks
Dec 18Shareholder Returns
| PBIT | CA Diversified Financial | CA Market | |
|---|---|---|---|
| 7D | 0% | -1.3% | -0.6% |
| 1Y | -80.4% | -20.8% | 3.9% |
Return vs Industry: PBIT underperformed the Canadian Diversified Financial industry which returned -20.8% over the past year.
Return vs Market: PBIT underperformed the Canadian Market which returned 3.9% over the past year.
Price Volatility
| PBIT volatility | |
|---|---|
| PBIT Average Weekly Movement | 13.1% |
| Diversified Financial Industry Average Movement | 6.1% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: PBIT's share price has been volatile over the past 3 months.
Volatility Over Time: PBIT's weekly volatility (13%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 47 | Ryan Hamlin | www.posabit.com |
POSaBIT Systems Corporation operates as a financial infrastructure provider in Canada and the United States. It provides point-of-sale solutions and cashless payment services for cannabis retailers in the United States. The company is headquartered in Kirkland, Washington.
POSaBIT Systems Corporation Fundamentals Summary
| PBIT fundamental statistics | |
|---|---|
| Market cap | CA$25.80m |
| Earnings (TTM) | -CA$4.07m |
| Revenue (TTM) | CA$86.77m |
0.3x
P/S Ratio-7.3x
P/E RatioIs PBIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PBIT income statement (TTM) | |
|---|---|
| Revenue | US$63.44m |
| Cost of Revenue | US$38.99m |
| Gross Profit | US$24.45m |
| Other Expenses | US$27.43m |
| Earnings | -US$2.98m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
Apr 29, 2024
| Earnings per share (EPS) | -0.019 |
| Gross Margin | 38.54% |
| Net Profit Margin | -4.69% |
| Debt/Equity Ratio | 46.8% |
How did PBIT perform over the long term?
See historical performance and comparison