BeWhere Holdings Inc Reports 2023 Fiscal Year-end Results

user April 18, 2024 No Comments Asset Tracking, BeWhere Press Release, Business update, Financial Information, IoT, M-IoT

TORONTO, ON. April 18, 2024 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for twelve months ended December 31, 2023.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 41% in Q4 while generating EBITDA margin of 12%”. He further added “For the fiscal year 2023, Total revenue improved by 20% and Recurring revenue grew 31%, resulting in record income before taxes of $828,902”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever annual Gross profit of $4,633,361, which improved by 31% in fiscal 2023”. He further noted “The Company continued to invest in research and development, while controlling its operating expenses”.

BeWhere Holdings Inc. Reports Third Quarter 2023 Results

user November 21, 2023 No Comments BeWhere Press Release

TORONTO, ON. November 21, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and nine months ended September 30, 2023.

Owen Moore, CEO and Co-Founder stated, “The company recorded a 91% year-over-year increase in Net income before income tax expense in the third quarter of 2023”. He further noted “the Company continued to perform well with Q3 2023, representing our 10th consecutive quarter of positive net income and our 16th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,250,649”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses”.

BeWhere Holdings Inc. Reports Second Quarter 2023 Results

user August 24, 2023 No Comments BeWhere Press Release

TORONTO, ON. August 24, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and six months ended June 30, 2023.

Owen Moore, CEO and Co-Founder stated, “The company recorded its highest ever quarterly revenue in the second quarter of 2023”. He further noted “the Company continued to perform well with Q2 2023, representing our 9th consecutive quarter of positive net income and our 15th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,077,677”.

BeWhere Inc. Launches its Next Generation of IoT Trackers

user May 25, 2023 No Comments Asset Tracking, AT&T, Bell, BeWhere Ads, BeWhere Press Release, M-IoT, New Product

TORONTO, ON. May 25, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, is pleased to announce the launch of its next generation of asset trackers, the BeSol+ and BeTen+.

The BeSol+ is the evolution of the Company’s most successful trailer and equipment tracking product, the BeSol. The BeSol+ incorporates Solar recharging, Low-Power 5G and 2G communications, GPS / GLONASS / GNSS / Wi-Fi / BLE indoor and outdoor location technologies, a 7-amp rechargeable battery and a larger solar panel enabling an industry leading 5-minute live reporting frequency without an external power source. Additionally, the BeSol+ improves to an IP68 water and dust-proof rating and maintains all the existing onboard environmental sensors (temperature, air pressure, humidity, light exposure, and an accelerometer). The BeSol+ also provides new and advanced features such as hub-odometer level accuracy for monitoring trailer mileage and Tamper-proof sensors that provide immediate notifications if a tracker is removed from the asset.

BeWhere Holdings Inc. Reports First Quarter 2023 Results BeWhere Holdings Inc.

user May 15, 2023 No Comments Asset Tracking, BeWhere Press Release, Financial Information

TORONTO, ON. May 15, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three months ended March 31, 2023.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2023, representing our 8th consecutive quarter of positive net income and our 14th consecutive quarter of positive EBITDA”. He further noted “high margin recurring revenue was a quarterly record, totaling $1.2 million and represents 48% year over year growth”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,057,983”. He further noted “The Company improved cash position during the three months, by $307,959 to $3,534,938”.

BeWhere Holdings Inc. Reports 2022 Fiscal Year-end Results

user April 17, 2023 No Comments BeWhere Press Release, Business update

TORONTO, ON. April 17, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for twelve months ended December 31, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 17% and Recurring revenue growth of 35% year over year in fiscal 2022, resulting in record income before taxes of $526,134”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit, which improved by 55% in fiscal 2022”.

BeWhere Launches BeMini Asset Tracker on the Geotab Marketplace

user February 2, 2023 No Comments BeWhere Press Release, Business update, M-IoT, Partners

BeWhere’s BeMini is now available as a fully integrated add-on solution to Geotab’s thousands of fleet customers worldwide

TORONTO, ON. February 2^nd, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, is pleased to announce the launch of its BeMini on Geotab’s Marketplace, a go-to source for top organizations seeking to optimize their fleets.

BeMini uses IoT networks (LTE-M) to track an asset’s location, indoors and outdoors and features onboard sensors to monitor temperature, humidity, air pressure, light exposure and motion. The BeMini, which measures 2.24 x 1.4 x 0.79 inches, is unique due to its size and high-tech features offered on the Geotab Marketplace for asset and inventory management solutions.

BeWhere Holdings Inc. Reports Third Quarter 2022 Results

user November 23, 2022 No Comments BeWhere Press Release

TORONTO, ON. November 23, 2022 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and nine months ended September 30, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with recurring revenue growth of 41% year over year in the third quarter, resulting in record income of $216,771”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit”. He further noted “The Company improved cash position during the nine months, by $681,808 to $3,240,481”.

GSMA MWC LAS VEGAS 2022, IN PARTNERSHIP WITH CTIA, MAKES ITS PREMIERE

Brittney Ventura September 28, 2022 No Comments BeWhere Press Release

Mobile Economy North America Report Finds Mobile Operators’ 5G Deployment Plans Keep US and Canada Among the Global Leaders in 5G Adoption.

28 September 2022, MWC Las Vegas: GSMA MWC Las Vegas, in partnership with CTIA, opens its doors today, bringing the North America edition of the MWC series to Las Vegas for the first time. Taking to the stage are some of the mobile operators in North America who have helped power the US and Canada as global leaders in 5G adoption, according to the latest Mobile Economy North America Report.

“A very warm welcome to everyone, it is wonderful to have the mobile ecosystem back together in Las Vegas. We’re looking forward to hearing global leaders and experts discuss how they’re addressing today’s challenges with innovations. Right now, 1 in 4 mobile connections in the US is a 5G connection. By 2030, 5G is expected to contribute $122 billion to GDP in the US,” said GSMA’s Director General, Mats Granryd.

BeWhere Holdings Inc. Reports Second Quarter 2022 Results

user August 24, 2022 No Comments BeWhere Press Release

TORONTO, ON. August 24, 2022 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and six months ended June 30, 2022.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the second quarter further improving its cash position. During the six months, cash position increased by $658,169 to $3,216,842”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Total revenue and highest ever quarterly Gross profit”.

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Category: BeWhere Press Release