POSaBIT Systems Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 10.33 million compared to USD 6.36 million a year ago. Net loss was USD 1.22 million compared to USD 6.9 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.06 a year ago.
For the nine months, sales was USD 24.92 million compared to USD 14.87 million a year ago. Net loss was USD 1.31 million compared to USD 8.3 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.08 a year ago.