POSaBIT Systems (OTC:POSAF) Stock Quotes, Forecast and News Summary

Q: What sector and industry does POSaBIT Systems (POSAF) operate in?

POSaBIT Systems is in the Technology sector and Software—Application industry. They are listed on the OTCQX.

POSaBIT Systems Stock (OTC: POSAF) stock price, news, charts, stock research, profile.

Open	$0.08
Close	$0.08
Volume / Avg.	250.00 / 60.90K
Day Range	$0.08 - $0.08
52 Wk Range	0.06 - 0.36
Market Cap	$12.22M
P/E Ratio	-
Dividend Yield	-
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Recent News

Cannabis Fintech POSaBIT Reports 69% YoY Revenue Drop, Improves Net Loss

Nina Zdinjak

Cannabis Companies High Tide, Posabit, RIV Capital Will Soon Report Earnings: What Investors Need To Know

High Tide Canadian cannabis retail giant High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) will release its financial and operational results for the third quarter ended July 31, 2024, after the market close on Monday, Sept. 16, 2024. Cannabis fintech company POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF) will host a conference call and live webcast on Tuesday, Aug. 27, 2024, at 4:30 pm Eastern Time to discuss the results of the second quarter ended June 30, 2024. RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) will report its financial results for the second quarter and six months ended June 30, 2024, before markets open on Wednesday, Aug. 28, 2024.

Jelena Martinovic

Marijuana Fintech Co. POSaBIT Reports 67% YoY Drop In Q1 Revenue, Renews Focus On Sustainable Profitability And Growth

Cannabis-focused provider of payments infrastructure POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF) announced on Thursday its financial results for the three months ended March 31, 2024.The company reported a 67% year-over-year drop in revenue to $33.8 million in the first quarter. Ryan Hamlin, co-founder and CEO of POSaBIT, said the company faced "market challenges" with its payments business at the end of 2023 and in early 2024.

Jelena Martinovic

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Open	$0.08
Close	$0.08
Volume / Avg.	250.00 / 60.90K
Day Range	$0.08 - $0.08
52 Wk Range	0.06 - 0.36
Market Cap	$12.22M
P/E Ratio	-
Dividend Yield	-
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Compare

EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy POSaBIT Systems (POSAF) stock?

You can purchase shares of POSaBIT Systems (OTCQX:POSAF) through any online brokerage.

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Who are POSaBIT Systems (POSAF) competitors?

There are no as such competitors for POSaBIT Systems.

What is the forecast, or price target, for POSaBIT Systems (POSAF) stock?

There is no analysis for POSaBIT Systems to provide a consensus price target.

What is the current price for POSaBIT Systems (POSAF)?

The stock price for POSaBIT Systems (OTCQX: POSAF) is $0.07814 last updated November 13, 2024 at 3:46 PM EST.

Does POSaBIT Systems (POSAF) pay a dividend?

There are no upcoming dividends for POSaBIT Systems.

When is POSaBIT Systems (OTCQX:POSAF) reporting earnings?

POSaBIT Systems does not have any upcoming earnings scheduled.

Is POSaBIT Systems (POSAF) going to split?

There is no upcoming split for POSaBIT Systems.

What sector and industry does POSaBIT Systems (POSAF) operate in?

POSaBIT Systems is in the Technology sector and Software—Application industry. They are listed on the OTCQX.

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POSaBIT Systems (POSAF) Forecast