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POSaBIT Systems Announces Profitable Q2 with New Launches
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POSaBIT Systems Announces Profitable Q2 with New Launches

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POSaBIT Systems (TSE:PBIT) has released an update.

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POSaBIT Systems Corporation has reported a profitable second quarter in 2024 with a 31% increase in adjusted gross profit and an 11% increase in adjusted revenue over the previous quarter. The company, which specializes in payment solutions for the cannabis industry, also launched new products including a mobile payment app and an e-commerce menu, both receiving positive market feedback.

For further insights into TSE:PBIT stock, check out TipRanks’ Stock Analysis page.

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