Aug. 22 at 6:10 PM
$POSAF POSaBIT Systems Corp (POSAF) Q2 2025 Earnings Call Highlights: Record Profitability Amid Revenue Transition
Adjusted EBITDA:
$782,000, the highest in company history.
Net Income:
$635,000, marking the first quarterly income gain in company history.
Adjusted Gross Profit Margin: 78%, up from 61% in Q1 2025.
Cash on Hand: Increased by 10% quarter-over-quarter.
Accounts Payable: Decreased by
$2,000 compared to Q1 2025.
Revenue:
$2.7 million, down from
$4.1 million in Q2 2024 due to transition in payment processes.
POS Recurring Revenue: Increased by 15% quarter-over-quarter.
Gross Margin:
$1.9 million or 70% of revenue, up from 54% in Q2 2024.
Operating Expenses:
$1.6 million, down 42% from
$2.8 million in Q2 2024.
Professional Expenses:
$0.25 million, down 64% from
$3.75 million in Q2 2024.
Operating Income:
$207,000, compared to an operating loss of
$639,000 in Q2 2024.
Debt Balance: Stable at
$4.5 million.
Store Installations: POS installed in over 50 new stores during Q2 2025.
