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 three months ended March 31, 2025.

Owen Moore, CEO and Co-Founder stated, “We are pleased with how the company navigated the impact of U.S.- Canadian trade issues during the first quarter of 2025. Despite trade issues causing some short-term delays in orders, the Company still managed to grow revenue by 20%, increased net income by 49% and improved the cash position to an all-time high of $5.76M, of which $1.5M was contributed by operating activities in the first quarter”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased to report a strong start to the year, with first-quarter gross profit reaching $1,595,993, which improved by 19% from the first quarter of 2024”. He further added, “We design, develop and manufacture our own hardware, middleware, firmware and applications, which uniquely positions us to address macro-economic and geopolitical factors, today and in the future”.