POSaBIT Systems (PBIT) Q3 2025 earnings summary

Executive summary

• Achieved record adjusted EBITDA of $970,000 in Q3 2025, the highest in company history, reflecting strong profitability and operational execution.

• Recurring SaaS revenues grew 22%, driven by point of sale and e-commerce menu products.

• Cash on hand increased to $1.2 million as of September 30, 2025, up from $805,000 at the end of Q2 2025.

• Focus remains on expanding recurring revenue streams and entering new geographic markets, including the East Coast.

• Continued disciplined execution of long-term growth strategy, with a focus on operational strength and profitability.

Financial highlights

• Q3 2025 total revenue was $2.3 million, down from $3.8 million year-over-year, due to a planned shift away from legacy payment processing.

• Adjusted gross profit margin reached 87%, up from 54% in Q3 2024.

• Adjusted gross profit was $2.96 million, up from $2.55 million in Q3 2024.

• Operating expenses decreased 33% year-over-year to $2.3 million, driven by lower professional fees, employee costs, and share-based compensation.

• Net loss before income taxes was $547,937 for Q3 2025, compared to net earnings of $586,502 in Q3 2024.

Outlook and guidance

• Plans to invest in new product offerings in 2026 to expand the target market and drive revenue growth, while maintaining fiscal discipline.

• Management anticipates continued profitability, margin expansion, and cash generation.

• Ongoing licensing deal will continue to generate cash, with residuals expected even after larger payments end.

• Strategy centers on long-term value creation and consistent operational execution.