` PBIT (POSaBIT Systems Corp) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

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PBIT
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S&P TSX Composite Index (Canada)

Over the past 12 months, PBIT has underperformed S&P TSX Composite Index (Canada), delivering a return of -7% compared to the S&P TSX Composite Index (Canada)'s +28% growth.

Stocks Performance
PBIT vs S&P TSX Composite Index (Canada)

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Performance Gap
PBIT vs S&P TSX Composite Index (Canada)

Performance Gap Between PBIT and GSPTSE
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Performance By Year
PBIT vs S&P TSX Composite Index (Canada)

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Competitors Performance
POSaBIT Systems Corp vs Peers

S&P TSX Composite Index (Canada)
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POSaBIT Systems Corp
Glance View

Market Cap
10.5m CAD
Industry
Technology

POSaBIT Systems Corp. is a financial technology company, which engages in the identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The company is headquartered in Kirkland, Washington. The company went IPO on 2019-04-08. The firm is a provider of payments infrastructure in the cannabis industry. The firm is engaged in delivering blockchain-enabled payment processing and point-of-sale systems for cash-only businesses. The company is primarily involving the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The Company’s point of sale systems is specifically designed to suit the needs of cannabis retailers and hospitality service providers. Its systems are also integrated with various features, such as integrated online ordering, creating customer profiles and favorites. The company also offers customer purchase history, custom discounts, debit payments and product details to the users. The firm's Pocket POS allows budtenders to meet their customers as they shop for product in their store.

PBIT Intrinsic Value
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