POSaBIT Systems Corp. (TSE:PBIT)
:PBIT
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Earnings Data
Report Date
May 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a strategic transition that caused a meaningful reported revenue decline but materially improved the quality of earnings: higher gross margins, positive adjusted EBITDA, reduced operating costs, stronger cash and balance sheet metrics, plus a new AI-driven product (POSaBIT Brands) and regulatory upside if cannabis rescheduling occurs. Remaining concerns include the headline revenue decline, a GAAP net loss (albeit much improved), payment pricing pressure, persistent credit facility borrowings and a low public-market valuation. On balance, management presented multiple operating and financial improvements and a clear strategic path forward.Company Guidance
Adjusted EBITDA Turnaround
Adjusted EBITDA turned positive to approximately $2.5M in 2025 from a loss of $0.761M in 2024, an improvement of about $3.26M and described by management as over a 400% improvement year-over-year.
Improved Gross Margin and Gross Profit
Gross profit increased to $7.2M from $7.0M (≈+2.9% YoY). Reported gross margin expanded to ~72% in 2025 from 46% in 2024 (+26 percentage points). Management also cites adjusted gross profit >80% on a non-IFRS basis (highest in company history).
Stronger Cash Position and Liquidity
Cash on hand rose to ~$1.8M from $1.0M at the end of 2024, a ~76% increase (~+$800k), while working capital and collections improved (accounts receivable declined by >$600k).
Operating Cost Discipline
Total operating expenses were reduced to $9.3M from $12.2M in 2024, representing a ~24% reduction YoY driven by lower professional fees, reduced share-based compensation and lower depreciation.
Balance Sheet Cleanup
Accounts payable and accrued liabilities decreased by approximately $1.3M; current liabilities declined nearly $2.0M, reflecting payoff of aged payables and improved vendor standing. Credit facility borrowings remained stable at ~$4.5M.
Recurring SaaS Growth and POS Momentum
Management reports a shift toward recurring revenue: SaaS now roughly 50% of revenue (expected to trend to ~60% SaaS in 2026). Active locations across products are ~600, with roughly ~100 new POS merchants added during the year, driving higher average SaaS revenue per merchant.
New Product Launch — POSaBIT Brands (AI-driven)
Launched a beta of POSaBIT Brands (AI-driven brand portal) targeting producers/processors (new TAM). Features include real-time reporting, product catalogs, VMI, B2B payments and AI-assisted data mapping; initial rollout in Washington State leveraging existing retailer relationships.
Regulatory Opportunity — Credit Card Processing Readiness
Management highlighted nearer-term prospects for cannabis industry rescheduling (Schedule III) and stated POSaBIT is approved for credit card processing outside cannabis and positioned to serve cannabis merchants on day 1 if regulations change.
TSE:PBIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:PBIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | C$0.05 | C$0.07 | +30.00% |
Nov 12, 2025 | C$0.08 | C$0.07 | -6.25% |
Aug 21, 2025 | C$0.06 | C$0.09 | +50.00% |
May 30, 2025 | C$0.09 | C$0.09 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does POSaBIT Systems Corp. (TSE:PBIT) report earnings?
POSaBIT Systems Corp. (TSE:PBIT) is schdueled to report earning on May 27, 2026, Before Open (Confirmed).
What is POSaBIT Systems Corp. (TSE:PBIT) earnings time?
POSaBIT Systems Corp. (TSE:PBIT) earnings time is at May 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What is TSE:PBIT EPS forecast?
Currently, no data Available