Category: Asset Tracking

BeWhere Holdings Inc. Reports Second Quarter 2021 Financial Results and Business update

TORONTO, ON. August 23, 2021 – 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 June 30, 2021.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the second quarter having achieved both record quarterly revenue and record net income”. He further noted “record quarterly EBITDA of $248K represents the 7th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We shipped a record number of devices during the second quarter, with the company poised for bigger and better things to come”. He further noted “we are pleased to see both strong demand for existing products in addition to the excitement generated with pre-sales for new product”.

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BeWhere Holdings Inc. Reports 2020 Fiscal year-end Financial Results

TORONTO, ON. April 22, 2021 – BeWhere  (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) company, is pleased to announce its financial results for twelve months ended December 31, 2020.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during fiscal 2020, demonstrating improvement in all key performance indicators despite Covid-19 related challenging year.” He further noted that “Moreover, there are signs that the municipal government sector is beginning to recover with a significant order received from New York City”.

Chris Panczuk, COO and Co-Founder stated “We are very pleased with the results of fiscal 2020. The Company showed year-over-year growth of 95% in gross profit as its M-IoT device production reached maturity despite the crisis conditions. The Company remains focused on maintain a healthy gross margin on its products”.

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BeWhere Holdings Inc. and Nika Industries LLC Awarded GPS Tracking Contract for New York City

TORONTO, ON. April 20, 2021 – BeWhere  (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) solutions provider, is pleased to announce the Company was awarded a contract from New York City for the “BeSol” and “BeTen” GPS tracking solutions.

The bid, available for review in the NYC database, was issued late 2019 and awarded to BeWhere’s distributor, Nika Industries LLC in the amount of US$194,322.25 in February 2020 and finalized in April 2021. Nika Industries LLC is a wholesaler and minority owned business specializing in municipal procurement with offices in New York City. The procurement contract created under the bid also allows Nika Industries LLC to provide BeWhere’s devices to all of the City’s participating agencies for a period of five years.

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BeMini Update: Drone Tracking Test Flight

BeWhere continues to test our BeMini in all kinds of different scenarios to assess performance prior commercial release.
Our latest test: Tracking a Delta Quad drone flying up to 100 meters high.
Watch the video herehttps://youtu.be/mGEwLT4h1LQ

Live Drone Tracking

While not commercially available yet, the BeMini continues to leverage the latest Lower Power, Wide-Area Cellular Networks into a smaller, energy efficient and affordable GPS tracker. Follow us on our social media to see more updates, and stay tuned for the future launch!

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BeWhere Holdings Inc. Reports Second Quarter Financial Results of Fiscal 2020

TORONTO, ON. August 24, 2020 – BeWhere  (TSX-V: BEW, OTCQB: BEWFF)  (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) solutions provider, is pleased to announce its financial results for three months ended June 30, 2020.

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BeWhere Holdings Inc. Reports First Quarter Financial Results of Fiscal 2020

TORONTO, ON. May 25, 2020 – BeWhere  (TSX-V: BEW, OTCQB: BEWFF)  (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) solutions provider, is pleased to announce its financial results for three months ended March 31, 2020.

Owen Moore, CEO and Co-Founder stated “The Company progressed well during the first quarter in spite of the Covid-19 related headwinds which delayed some large government projects. Gross Profit improved for the second consecutive quarter resulting in recording lowest Net loss in Company’s history”. He further noted that “As a provider of remote monitoring and track & trace solutions, BeWhere has demonstrated the critical value of its solutions during the challenges presented by Covid-19”.

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