POSaBIT Systems Corporation

For full-year 2025, POSaBIT reported revenue of $10 million versus $15.3 million in 2024. Gross profit was $7.2 million, up from $7 million, and gross margin expanded to approximately 72% from 46% last year. Operating expenses fell to $9.3 million from $12.2 million, net loss improved to $2 million from $5.7 million, and adjusted EBITDA improved to positive $2.5 million from a loss of $761,000. Cash rose to $1.8 million from $1 million, a 76% increase, while credit facility borrowings were approximately $4.5 million and essentially unchanged. Looking ahead, management did not give formal numeric guidance, but said gross profit dollars are expected to grow at double-digit rates in 2026 and that POSaBIT Brands could become a major revenue driver over the coming months and years.

Ryan Hamlin’s tone was upbeat and emphatic. He framed 2025 as a breakout year, arguing that the company is healthier today because it is more profitable, has stronger recurring SaaS revenue, and has more cash on the balance sheet. Strategically, he stressed the shift away from full-gross payment processing accounting, the growth of POS and e-commerce, and the launch of POSaBIT Brands as a new business line aimed at producers and processors.

Emily Egan focused on the financial transformation of the business. She cited the drop in revenue to $10 million, but emphasized the margin expansion to about 72%, gross profit of $7.2 million, a 24% reduction in operating expenses to $9.3 million, and the move to positive adjusted EBITDA of $2.5 million. She also highlighted balance-sheet cleanup: cash up to $1.8 million, accounts payable and accrued liabilities down by about $1.3 million, accounts receivable down by over $600,000, current liabilities down by nearly $2 million, and debt borrowings at about $4.5 million.

Analysts pressed management on whether gross profit growth would accelerate, when revenue would stabilize, how AI is being used, and whether profitability is sustainable. Ryan said gross profit dollars grew quarter over quarter in each quarter of the year and expects double-digit gross profit dollar growth in 2026, while also saying the company is already profitable on an adjusted basis. He explained that AI is being used in development, data mapping for the new brand portal, and natural-language features for POS, and said POSaBIT is positioned for credit card processing if Schedule III opens the market. He also answered a valuation question by arguing the company should be worth roughly $15 million to $30 million based on EBITDA and revenue multiples.