Welcome to our dedicated page for Posabit Systems news (Ticker: POSAF), a resource for investors and traders seeking the latest updates and insights on Posabit Systems stock.
POSaBIT Systems Corporation (POSAF) is a FinTech company that focuses on payments infrastructure and Point-of-Sale technology for the cannabis industry. Its news flow provides insight into how a cannabis‑focused financial technology provider reports performance, responds to regulatory developments, and communicates with shareholders.
On this page, readers can review POSaBIT news related to quarterly and annual financial results, where the company reports revenue, gross margin, operating expenses, and non‑IFRS measures such as Adjusted Revenue, Adjusted Gross Profit, and Adjusted EBITDA. These releases often discuss trends in cash balances, operating costs, and the performance of its Point-of-Sale, eCommerce, and menu products.
POSaBIT also issues announcements about earnings conference calls and webcasts, including dates, times, access codes, and replay information. These items are relevant for investors who want to follow management’s commentary on business conditions, product adoption, and strategic priorities within the cannabis payments space.
Another category of POSAF news involves corporate and regulatory developments, such as shareholder meeting results and commentary on changes in cannabis policy, including potential rescheduling at the federal level. In these communications, the company explains how policy shifts may affect tax treatment, banking access, and payment processing for state‑legal cannabis operators.
By following the POSAF news feed, investors and industry observers can track how POSaBIT’s Point-of-Sale and payments infrastructure business evolves, how its financial metrics change over time, and how management views the broader cannabis and FinTech environment.
POSaBIT (OTC: POSAF) reported 2025 results showing Adjusted EBITDA of $2,548,278, cash and cash equivalents of approximately $1.8M (up 76% YoY) and Adjusted Revenue of $14,127,246. Reported revenue was $10,004,101 and reported net loss was $(1,996,568).
The company launched POSaBIT Brands in early 2026, expanding into producers and processors and reporting an adjusted gross profit margin of 80.4%.
POSaBIT (OTC: POSAF) launched POSaBIT Brands, an AI-driven platform for cannabis producers and processors, marking its first expansion beyond retail on April 21, 2026. The platform offers real-time sales and inventory reporting, vendor managed inventory (VMI), a centralized product catalog, B2B ACH payments, and business intelligence tools.
POSaBIT says POSaBIT Brands opens access to roughly 50% of the $35B+ cannabis supply chain and aims to connect brands and retailers with live data to reduce out-of-stocks and streamline ordering.
POSaBIT (OTC: POSAF) will host a fourth quarter and full-year 2025 earnings conference call and live webcast on April 22, 2026 at 4:30 PM ET. Investors may submit questions by 12:00 PM ET on April 22, 2026 to investors@posabit.com; top aggregated questions will be answered by the CEO.
Dial-in, participant code, webcast URL, and replay details are provided for live attendance and on-demand replay approximately one hour after the event.
POSaBIT (OTC: POSAF) welcomed the federal decision to reschedule cannabis from Schedule I to Schedule III, calling it a major industry inflection point on December 18, 2025. The company highlighted that rescheduling would eliminate the application of IRS tax code 280E to state-legal cannabis businesses, allowing ordinary business deductions for dispensaries and potentially improving profitability and cash flow. POSaBIT said rescheduling could also broaden access to banking and card-based payment solutions, reducing operational workarounds and increasing revenue potential for payment providers. POSaBIT noted rescheduling is not full legalization but represents a step toward a more consistent federal framework and reaffirmed its commitment to invest in payment and point-of-sale solutions for dispensaries.
POSaBIT (OTC: POSAF) reported Q3 2025 results for the quarter ended September 30, 2025. The company reported Adjusted EBITDA of $969,598 (~$1.0M), an Adjusted Gross Profit Margin of 87% (vs. 54% a year earlier), and recurring revenue growth of 22% driven by Point-of-Sale SaaS. Reported revenue was $2.36M and reported gross margin was $1.92M. Cash increased to $1.2M from $805k at June 30, 2025, and accounts payable declined 41% QoQ. The company highlighted a 51% QoQ increase in its eComm menu adoption and held a conference call on Nov 12, 2025.
POSaBIT (OTC: POSAF) will host a conference call and live webcast on November 12, 2025 at 4:30 PM ET to discuss third quarter results for the period ended September 30, 2025. Investors may submit questions in advance to investors@posabit.com by 12:00 PM ET on November 12, 2025; top aggregated questions will be answered by the CEO during Q&A.
Dial-in: Toll Free 888-506-0062, International 973-528-0011, Participant Access Code: 195719. Live webcast and replay: https://www.webcaster5.com/Webcast/Page/2708/53211. Replay available ~1 hour after the event; replay toll free 877-481-4010 and international 919-882-2331, passcode 53211.
POSaBIT Systems (OTC: POSAF), a cannabis industry payments infrastructure provider, reported historic Q2 2025 financial results. The company achieved its first-ever quarterly net profit of $634,736, with Adjusted EBITDA reaching $785,822. Key metrics include Adjusted Revenue of $3.62 million and an improved Adjusted Gross Profit Margin of 78%, up 22% from Q1.
The company strengthened its balance sheet with cash and equivalents of $806,000 as of June 30, 2025, up from $736,000 in Q1. Notable highlights include strong adoption of POSaBIT's eComm online menu, with over 75% of new Point of Sale merchants choosing their solution. Additionally, board members and insiders demonstrated confidence by acquiring over 500,000 shares in July 2025.
POSaBIT Systems Corporation (OTC: POSAF), a leading cannabis industry payments infrastructure provider, has scheduled its Q2 2025 earnings conference call for August 21, 2025 at 4:30 PM ET. The company will discuss results for the quarter ended June 30, 2025.
Investors are invited to submit questions to investors@posabit.com by 12:00 PM ET on August 21, 2025. The most frequently asked questions will be addressed by the CEO during the Q&A session. The call will be accessible via toll-free numbers and will feature a live webcast, with replay options available approximately one hour after the event.
POSaBIT Systems (OTC:POSAF), a leading cannabis industry payments infrastructure provider, held its annual and special meeting of shareholders with all resolutions receiving approval. The key outcomes include: setting the board size at three directors, electing Ryan Hamlin, Michael Apker, and Bruce Jaffe as directors, appointing McGovern Hurley LLP as independent auditor, and approving a future share consolidation with the ratio to be determined by the board.