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POSaBIT Reports Second Quarter 2025 Financial Results

Sentiment:Positive (70)

Summary

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three months ended June 30, 2025. “POSaBIT delivered a historic quarter, announcing quarterly highs in Adjusted EBITDA of nearly $800 thousand dollars, Adjusted Gross Profit Margin of 78%, and the increasing of our cash on hand,” said Ryan Hamlin, co-founder and

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Article published on August 21, 2025 by businesswire

    POSaBIT Reports Second Quarter 2025 Financial Results | PBIT Stock News | Candlesense