See more : Southern Palladium Limited (SPD.AX) Income Statement Analysis – Financial Results
Complete financial analysis of POSaBIT Systems Corporation (POSAF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of POSaBIT Systems Corporation, a leading company in the Information Technology Services industry within the Technology sector.
You may be interested
- Ebara Corporation (EBCOY) Income Statement Analysis – Financial Results
- iHeartMedia, Inc. (IHRT) Income Statement Analysis – Financial Results
- China Dongsheng International, Inc. (CDSG) Income Statement Analysis – Financial Results
- Social Capital Suvretta Holdings Corp. I (DNAA) Income Statement Analysis – Financial Results
- Shinhan Alpha REIT Co., Ltd. (293940.KS) Income Statement Analysis – Financial Results
POSaBIT Systems Corporation (POSAF)
About POSaBIT Systems Corporation
POSaBIT Systems Corporation, a financial technology company, provides block chain-enabled payment processing and point-of-sale systems for cash-only businesses with a focus on the cannabis industry in the United States. The company is headquartered in Kirkland, Washington.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.58M | 49.77M | 21.30M | 7.82M | 4.18M | 2.32M | 691.25K | 41.63K |
| Cost of Revenue | 34.35M | 27.21M | 15.54M | 6.09M | 3.58M | 3.51M | 1.30M | 237.04K |
| Gross Profit | 9.22M | 22.57M | 5.76M | 1.74M | 598.04K | -1.19M | -605.44K | -195.41K |
| Gross Profit Ratio | 21.16% | 45.34% | 27.04% | 22.18% | 14.32% | -51.20% | -87.59% | -469.35% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 337.35K | 0.00 | 0.00 | 29.71K |
| General & Administrative | 18.64M | 14.25M | 7.45M | 2.25M | 3.12M | 101.27K | 183.91K | 252.54K |
| Selling & Marketing | 321.53K | 337.23K | 268.19K | 178.44K | 350.12K | 400.16 | 49.22K | 14.65K |
| SG&A | 18.96M | 14.58M | 7.72M | 2.43M | 3.47M | 101.67K | 355.93K | 751.15K |
| Other Expenses | 0.00 | 15.95K | 244.74K | 287.65K | 317.53K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 22.96M | 14.60M | 7.96M | 2.71M | 4.13M | 101.67K | 355.93K | 806.08K |
| Cost & Expenses | 55.38M | 41.81M | 23.51M | 8.80M | 7.70M | 101.67K | 1.65M | 1.04M |
| Interest Income | 1.06M | 148.14K | 0.00 | 0.00 | 1.00 | 0.00 | 752.38K | 18.34K |
| Interest Expense | 840.79K | 275.04K | 173.74K | 178.67K | 68.07K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 533.56K | 204.35K | 242.89K | 368.42K | 308.43K | 255.29K | 96.54K | 29.71K |
| EBITDA | -12.37M | 5.95M | -10.06M | -593.81K | -5.04M | -2.63M | -2.50M | -946.56K |
| EBITDA Ratio | -28.40% | 16.73% | -9.20% | -8.03% | -76.89% | -4.39% | -125.11% | -2,273.52% |
| Operating Income | -10.69M | 8.11M | -2.21M | -977.97K | -3.53M | -101.67K | -961.38K | -976.27K |
| Operating Income Ratio | -24.53% | 16.30% | -10.35% | -12.50% | -84.49% | -4.39% | -139.08% | -2,344.88% |
| Total Other Income/Expenses | -2.84M | 353.22K | -8.36M | -169.65K | -1.92M | -630.27K | -2.47M | -43.56K |
| Income Before Tax | -13.53M | 8.47M | -10.57M | -1.15M | -5.51M | -102.05K | -3.43M | -1.02M |
| Income Before Tax Ratio | -31.04% | 17.01% | -49.60% | -14.67% | -132.00% | -4.40% | -496.75% | -2,449.51% |
| Income Tax Expense | 235.20K | 404.14K | 173.74K | 282.35K | 68.07K | -161.14K | 5.00 | 0.00 |
| Net Income | -13.76M | 8.06M | -10.74M | -1.43M | -5.58M | -102.05K | -3.43M | -1.02M |
| Net Income Ratio | -31.58% | 16.20% | -50.42% | -18.28% | -133.63% | -4.40% | -496.75% | -2,449.51% |
| EPS | -0.09 | 0.06 | -0.09 | -0.01 | -0.07 | -0.03 | -0.05 | -0.05 |
| EPS Diluted | -0.09 | 0.06 | -0.09 | -0.01 | -0.07 | -0.03 | -0.05 | -0.05 |
| Weighted Avg Shares Out | 148.74M | 135.43M | 116.35M | 96.63M | 78.73M | 3.02M | 75.96M | 21.99M |
| Weighted Avg Shares Out (Dil) | 148.74M | 145.03M | 116.35M | 96.63M | 78.73M | 3.02M | 75.96M | 21.99M |
POSaBIT to Host Fourth Quarter and FY 2023 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--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 29, 2024 at...
POSaBIT Closes Non-Brokered Unit Offering to Fund Convertible Unsecured Note Maturity
TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, is pleased to announce that, further to its previous press release dated December 21, 2023, it has closed...
POSaBIT Applies to List Common Shares on the TSXV
TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, is pleased to announce that it has filed its application to list the Company's common shares (the "Common...
POSaBIT Announces Non-Brokered Unit Offering to Fund Convertible Unsecured Note Maturity
TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the "Company" or "POSaBIT"), a leading provider of payments infrastructure in the cannabis industry, is pleased to announce that it intends to complete a non-brokered private placement of up to 3,107,142 units...
POSaBIT Systems Corporation (POSAF) Q3 2023 Earnings Call Transcript
POSaBIT Systems Corporation (OTCQX:POSAF) Q3 2023 Earnings Conference Call November 30, 2023 4:30 PM ET Company Participants Oscar Dahl - Investor Relations Ryan Hamlin - Chief Executive Officer Matthew Fowler - Chief Financial Officer Conference Call Participants Joshua Horowitz -...
POSaBIT Reports Third Quarter 2023 Financial Results
TORONTO & SEATTLE--(BUSINESS WIRE)--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 nine months ended September 30, 2023. “Since...
POSaBIT to Host Third Quarter 2023 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--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 November 30, 2023 at...
POSaBIT Ranked Number 132 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today announced it ranked 132nd on the Deloitte Technology Fast 500™, a ranking of the fastest-growing...
POSaBIT Provides Update on PIN Debit Processing
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today provided an update on its PIN debit processing solution. Recently, there has been an industry-wide...
POSaBIT Announces Highly Anticipated Full Launch of POSaBIT POS 2.0, Setting a New Standard for Point-of-Sale Technology
SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (the "Company" or "POSaBIT") (CSE: PBIT; OTC: POSAF), a leading provider of point-of-sale software and financial technology, is excited to announce the full launch of POSaBIT POS 2.0, the next-generation of the Company's ground-breaking point-of-sale system....
Source: https://incomestatements.info
Category: Stock Reports