See more : IMV Inc. (IMV) 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.
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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 Systems Corporation (POSAF) Acquisition Call Transcript
POSaBIT Systems Corporation (OTCQX:POSAF) Acquisition Call Transcript January 30, 2023 4:30 PM ET Company Participants James Carbonara - Hayden IR Ryan Hamlin - CEO & Co-Founder, POSaBIT Systems Corporation Conference Call Participants Owen Bennett - Jefferies Scott Fortune - ROTH...
POSaBIT Systems Corporation (POSAF) Q3 2022 Earnings Call Transcript
POSaBIT Systems Corporation (OTCQX:POSAF) Q3 2022 Results Conference Call November 29, 2022 4:30 PM ET Company Participants James Carbonara - Hayden IR Ryan Hamlin - Chief Executive Officer Matthew Fowler - Chief Financial Officer Conference Call Participants Andrew Bond -...
POSaBIT to Present at the Benchmark Company's Upcoming Discovery One-on-One Investor Conference
TORONTO & SEATTLE--( BUSINESS WIRE )--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...
POSaBIT to Host Third Quarter 2022 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--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.
POSaBIT 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--(BUSINESS WIRE)--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...
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Best Stocks 2022: Hard-Hit POSAF Stock Could Gain 10X From Here
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POSaBIT Systems Corporation (POSAF) Q2 2022 Earnings Call Transcript
POSaBIT Systems Corporation (OTCQB:POSAF) Q2 2022 Earnings Conference Call August 25, 2022 4:30 PM ET Company Participants James Carbonara - Hayden IR Ryan Hamlin - Co-Founder and CEO Matt Fowler - CFO Conference Call Participants Operator Good day, ladies and...
POSaBIT to Host Second Quarter 2022 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)--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....
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Source: https://incomestatements.info
Category: Stock Reports