OTCQB
POSAF

POSaBIT Systems Corp

Information Technology Services
Technology

Prices are adjusted according to historical splits.

POSaBIT Systems Corp Stock Price

Vitals

Today's Low:
$0.46
Today's High:
$0.51
Open Price:
$0.51
52W Low:
$0.414
52W High:
$0.89
Prev. Close:
$0.507
Volume:
40316

Company Statistics

Market Cap.:
$77.32 million
Book Value:
0.095
Revenue TTM:
$60.19 million
Operating Margin TTM:
8.64%
Gross Profit TTM:
$22.57 million
Profit Margin:
5.46%
Return on Assets TTM:
17.58%
Return on Equity TTM:
48.7%

Company Profile

POSaBIT Systems Corp had its IPO on under the ticker symbol POSAF.

The company operates in the Technology sector and Information Technology Services industry. POSaBIT Systems Corp has a staff strength of 47 employees.

Stock update

Shares of POSaBIT Systems Corp opened at $0.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.46 - $0.51, and closed at $0.5.

This is a -1.38% slip from the previous day's closing price.

A total volume of 40,316 shares were traded at the close of the day’s session.

In the last one week, shares of POSaBIT Systems Corp have increased by 0%.

POSaBIT Systems Corp's Key Ratios

POSaBIT Systems Corp has a market cap of $77.32 million, indicating a price to book ratio of 10.8527 and a price to sales ratio of 3.4534.

In the last 12-months POSaBIT Systems Corp’s revenue was $60.19 million with a gross profit of $22.57 million and an EBITDA of $5.55 million. The EBITDA ratio measures POSaBIT Systems Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, POSaBIT Systems Corp’s operating margin was 8.64% while its return on assets stood at 17.58% with a return of equity of 48.7%.

In Q2, POSaBIT Systems Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 63.7%.

POSaBIT Systems Corp’s PE and PEG Ratio

Forward PE
0
Trailing PE
16.6667
PEG

Its diluted EPS in the last 12-months stands at $0.03 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into POSaBIT Systems Corp’s profitability.

POSaBIT Systems Corp stock is trading at a EV to sales ratio of 3.2129 and a EV to EBITDA ratio of -31.9697. Its price to sales ratio in the trailing 12-months stood at 3.4534.

POSaBIT Systems Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$27.79 million
Total Liabilities
$10.66 million
Operating Cash Flow
$0
Capital Expenditure
$133483
Dividend Payout Ratio
0%

POSaBIT Systems Corp ended 2024 with $27.79 million in total assets and $0 in total liabilities. Its intangible assets were valued at $27.79 million while shareholder equity stood at $14.27 million.

POSaBIT Systems Corp ended 2024 with $0 in deferred long-term liabilities, $10.66 million in other current liabilities, in common stock, $-21880995.00 in retained earnings and $1.73 million in goodwill. Its cash balance stood at $3.97 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $2.86 million.

POSaBIT Systems Corp’s total current assets stands at $11.82 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.13 million compared to accounts payable of $2.60 million and inventory worth $855544.00.

In 2024, POSaBIT Systems Corp's operating cash flow was $0 while its capital expenditure stood at $133483.

Comparatively, POSaBIT Systems Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.5
52-Week High
$0.89
52-Week Low
$0.414
Analyst Target Price
$

POSaBIT Systems Corp stock is currently trading at $0.5 per share. It touched a 52-week high of $0.89 and a 52-week low of $0.89. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.54 and 200-day moving average was $0.66 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3742.9% of the company’s stock are held by insiders while 0.6% are held by institutions.

Frequently Asked Questions About POSaBIT Systems Corp

The stock symbol (also called stock or share ticker) of POSaBIT Systems Corp is POSAF

The IPO of POSaBIT Systems Corp took place on

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About

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.

Address

11915 124th Avenue, Kirkland, WA, United States, 98034