TORONTO, ON. April 21, 2025 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a leading Mobile Internet of Things (M-IoT) company, is pleased to announce its financial results for twelve months ended December 31, 2024.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with total revenue improving by 45% in Q4 while generating EBITDA margin of 12%”. For the fiscal year 2024, total revenue improved by 45% and recurring Revenue grew 36%, resulting in record income before taxes of $1,396,074”.

Chris Panczuk, COO and Co-Founder added, “We are proud to report a record-high annual gross profit of $5,825,923, representing a 26% increase in fiscal 2024. Alongside this achievement, the Company maintained a strong working capital position while strategically increasing investments in research and development. This balanced growth underscores our commitment to driving long-term innovation.”