POSaBIT Systems (PBIT) AGM 2024 summary
Event summary combining transcript, slides, and related documents.
AGM 2024 summary
6 Mar, 2026Opening remarks and agenda
Meeting conducted virtually with rules for orderly conduct and electronic voting outlined.
Purpose and agenda set out in the notice of meeting and management information circular.
Proof of service for meeting materials and quorum confirmed.
Financial performance review
Audited consolidated financial statements for the year ending December 31, 2023, and auditor's report presented and taken as received.
Board and executive committee updates
Number of directors set at five for the coming year.
Nominations for directors closed with five individuals proposed: Ryan Hamlin, Don Tringali, Louis Camhi, Mike Apker, and Bruce Jaffe.
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Latest events from POSaBIT Systems
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- First positive adjusted EBITDA and free cash flow, with strong margin and product growth.PBITQ2 2024
- Cost cuts and improved margins drove cash flow positivity despite a sharp revenue decline.PBITQ1 2024