See more : Jinshang Bank Co., Ltd. (2558.HK) 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
- Nissan Motor Co., Ltd. (NSANY) Income Statement Analysis – Financial Results
- Environmental Service Professionals, Inc. (EVSP) Income Statement Analysis – Financial Results
- SimFabric S.A. (SIM.WA) Income Statement Analysis – Financial Results
- Lumentum Holdings Inc. (LU2.DE) Income Statement Analysis – Financial Results
- Lovable Lingerie Limited (LOVABLE.BO) 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 Announces Trading on the OTCQB Venture Market
TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF, OTCQB:POSAF), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, today announced it is currently trading on...
POSaBIT and springbig Announce Deep Point of Sale Loyalty Integration
SEATTLE--(BUSINESS WIRE)--“springbig's latest integration with POSaBIT reinforces our underlying mission to build deeper connections between consumers and retailers..."
Cannabis Fintech Company POSaBIT Reports 232% YoY Spike In Q2 Revenue, Raises 2021 Guidance
Cannabis-focused financial technology company POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) announced Thursday that its total revenue amounted to $5 million in the second quarter of 2021, representing a 232% year-over-year increase. The Toronto-headquartered company also reported that transactional sales for payment...
POSaBIT to Present at LD Micro Virtual Investor Conference on June 8, 2021, at 4:30pm ET
SEATTLE--(BUSINESS WIRE)--POSaBIT has announced that management will present at LD Micro Virtual Investor Conference on June 8.
Source: https://incomestatements.info
Category: Stock Reports