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POSaBIT Systems Corporation (C:PBIT)

Business Focus: Point of Sale Systems

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for PBIT within the last 6 months
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Company News

Sep 01, 2020 07:00 ET
POSaBIT Reports Second Quarter 2020 Financial Results
POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for predominantly cash run businesses with a focus on the cannabis industry, is pleased to report its financial results for the three and six months ended June 30, 2020.
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Aug 04, 2020 10:00 ET
POSaBIT Partners with Bud Hut, 11-Store Brand in Washington
After experiencing success in the Vancouver, WA location, owners of Bud Hut retail stores have entered into an agreement with POSaBIT Inc. to implement POSaBIT’s Point of Sale platform in the remaining ten WA State Bud Hut locations. Locally owned and operated, Bud Hut has established themselves as one of Washington State’s strongest retail brands.
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
Price to Free Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
Sep 15, 20206,8405,985
Aug 31, 2020855-60,000
Aug 15, 202060,85552,219
See Short Report

Business Summary

Sector:  Technology Industry:  Office Equipment

POSaBIT Systems Corp, formerly Foreshore Exploration Partners Corp, is a Canada-based financial technology company. The Company is engaged in delivering blockchain-enabled payment processing and point-of-sale systems for cash-only businesses. The Company's point of sale systems is specifically designed to suit the needs of cannabis retailers and hospitality service providers. Its systems are also integrated with various features, such as integrated online ordering, creating customer profiles and favorites. It also offers customer purchase history, custom discounts, debit payments and product details to the users.

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