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POSaBIT Q2 FY26 net loss widens to US $316,642; revenue falls 15% to US $2.25 million
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POSaBIT Q2 FY26 net loss widens to US $316,642; revenue falls 15% to US $2.25 million
  • POSaBIT posted Q2 revenue of USD 2.25 million, down 15% year over year.
  • Gross profit rose 10.5% to USD 2.04 million; gross margin widened 21 percentage points to 91%.
  • Results turned to a net loss of USD 316,642, from profit a year earlier.
  • Adjusted EBITDA (non-IFRS) climbed to USD 1.08 million, more than doubled from a year earlier.
  • Cash and cash equivalents increased 34% from the prior quarter to about USD 3.34 million; Brand Portal traction grew in Washington.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSaBIT Systems Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608201601BIZWIRE_USPR_____20260820_BW514654) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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