POSaBIT Overview

  • Founded
  • 2015

Founded
  • Status
  • Public

  • Stock Symbol
  • PBIT

Stock Symbol
  • Investments
  • 2

  • Share Price
  • $0.84

  • (As of Thursday Closing)

POSaBIT General Information

Description

POSaBIT Systems Corp is a financial technology company. The company primarily involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The majority of its revenue comes from Payment Services, which generates revenues via setup costs, hardware costs, transaction fees, and convenience fees. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.

Contact Information

Website
www.posabit.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Electrical Equipment
Other Financial Services
Stock Exchange
CNQ
Primary Office
  • 11915 124th Avenue Northeast
  • Kirkland, WA 98034
  • United States

POSaBIT Timeline

2019202020212022
Financing Round

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POSaBIT Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.84 $0.86 $0.39 - $1.93 $110M 132M 30.1K -$0.08

POSaBIT Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 111,022 139,542 10,903 3,739
Revenue 24,115 21,302 7,823 3,440
EBITDA (10,122) (10,147) (614) (4,913)
Net Income (10,521) (10,566) (1,251) (5,511)
Total Assets 6,765 7,904 3,686 2,022
Total Debt 162 135 364 424
Public Fundamental Data provided by Morningstar, Inc. disclaimer

POSaBIT Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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POSaBIT Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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POSaBIT Executive Team (8)

Name Title Board Seat Contact Info
Ryan Hamlin Chief Executive Officer & Board Member
Stephen Gledhill Chief Financial Officer, Finance & Secretary, Administration
Matthew Fowler Chief Financial Officer
Andrew Sweet Chief Technology Officer, Technology
Julie Solomon Chief Revenue Officer
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POSaBIT Board Members (7)

Name Representing Role Since
Jeff Dossett Self Chairman & Board Member 000 0000
Jon Baugher POSaBIT Board Member & Executive 000 0000
Michael Markette Self Board Member 000 0000
Mike Apker Self Board Member 000 0000
Paul Fiore Self Board Member 000 0000
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POSaBIT Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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POSaBIT Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 000 05-Apr-2019 0000000000 Special Purpose Acquisition Company (SPAC) 0000 0000
DoubleBeam 01-Jan-2018 Merger/Acquisition Financial Software 0000 0000
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POSaBIT Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000 01-Jan-2018 000000000000000000 Completed
  • 0000000
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