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Earnings

POSaBIT Reports Third Quarter 2025 Financial Results

By The Northwire Desk — AI Analysis Nov 12, 2025 · 16:01 PBIT · 0.065 POSaBIT Systems Corp.
PBIT · Price

Executive Summary

  • POSaBIT reported Adjusted EBITDA of approximately $970 k, marking its first near‑$1 M adjusted EBITDA quarter.
  • Recurring revenue grew 22% YoY, driven by strong Point‑of‑Sale SaaS adoption; Adjusted Gross Profit Margin improved to 87% (up from 54% in Q3 2024).
  • Cash on hand increased to $1.2 M, and accounts payable was reduced by 41% quarter over quarter, reflecting improved liquidity and debt paydown.

Key Details

  • Revenue: Reported revenue $2,363,061; Adjusted Revenue $3,407,456 (up from $4,750,726 in Q3 2024).
  • Adjusted Gross Profit: $2,960,150 with an Adjusted Gross Profit Margin of 87% (vs. 54% prior year).
  • Adjusted EBITDA: $969,598 (previously a loss of $(241,727) in Q3 2024).
  • Cash Balance: $1.2 M as of Sept 30 2025 vs. $805 k at end of June 2025.
  • Accounts Payable: Decreased 41% QoQ, indicating focused debt reduction.
  • eComm Menu Growth: New POSaBIT eComm menu up 51% quarter over quarter.
  • Conference Call: Scheduled for Nov 12 2025 at 4:30 PM ET (toll‑free 888‑506‑0062; webcast URL provided).

Notable Quotes

“POSaBIT continues to deliver strong quarterly results… we are positioned for continued growth and strong earnings this year and beyond.” – Ryan Hamlin, Co‑founder & CEO
“What you are witnessing from POSaBIT is the steady execution of a disciplined and visionary strategy…” – Ryan Hamlin

Read the original news release →

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Earnings