TORONTO, ON. May 15, 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 three months ended March 31, 2024.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2024, representing our 13th consecutive quarter of positive net income”. He further noted “high margin recurring revenue was a quarterly record, totaling $1.5 million and represents 28% 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 $1,343,332”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses and investing in research and development on its next generation M-IoT devices”.