Category: BeWhere Press Release

BeWhere Holdings Inc. Reports Second Quarter 2022 Results  

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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BeWhere Holdings Inc. Reports First Quarter 2022 Results  

TORONTO, ON. May 16, 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 months ended March 31, 2022.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the quarter having achieved record Q1 revenue and income”. He further noted “the company’s cash position during the quarter increased substantially to $2,999,364, as it generated $465,859 from operating activities”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company managed to record revenue despite Covid related shutdown in China”. He further noted “we remain focused on maintaining healthy gross profit on our products”.

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BeWhere Holdings Inc. Reports 2021 Fiscal Year-end Results


TORONTO, ON. April 18, 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 twelve months ended December 31, 2021.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the fiscal 2021 having achieved both record revenue and record net income”. He further noted “quarterly EBITDA of $265k represents the 9th consecutive quarter of positive EBITDA. The Company achieved $802k of EBITDA in fiscal 2021”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company shipped record number of devices in fiscal 2021, a 53% increase year-over-year”. He further noted “we remain focused on maintaining healthy gross profit on our products”.

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BeWhere Holdings Inc. Reports Third Quarter 2021 Financial Results

TORONTO, ON. November 15, 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 September 30, 2021.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the third quarter having achieved both record quarterly revenue and record net income”. He further noted “quarterly EBITDA of $216K represents the 8th consecutive quarter of positive EBITDA”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as we shipped a record number of devices in the third quarter, with the company poised for bigger and better things to come”. He further noted “we remain focused on maintaining healthy gross profit on our products”.

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BeWhere Holdings Inc. Announces Participation in the Q4 Virtual Investor Summit

Toronto, Ontario–(November 8, 2021) – BeWhere (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, today announced that BeWhere will be attending the Q4 Virtual Investor Summit. BeWhere’s CEO Owen Moore and VP Strategy Margaux Berry will be presenting BeWhere’s latest financials, business updates, and outlook for 2022.

Event:Q4 Investor Summit
Date:November 16-17th, 2021
Presentation:UPDATED November 16th at 4:15PM ET
Location:https://us06web.zoom.us/webinar/register/WN_tlZhdy_WT42x7wzw3jKDog
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BeWhere Holdings Inc. to Present at the Virtual MicroCap Leadership Summit

TORONTO, ON. September 20, 2021 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) company, is pleased to announce it has been selected to present at the 6th annual MicroCap Leadership Summit on Friday, September 24th, 2021. The MicroCap Leadership Summit is a two-day virtual event hosted by MicroCapClub.

The BeWhere Holdings presentation will be made by CEO Owen Moore & VP Margaux Berry. The MicroCap Leadership Summit is attended by 100+ retail and institutional investors from around the world. BeWhere was one of ten companies selected to present at this year’s event. For more information about the MicroCap Leadership Summit, please visit:  http://microcapclub.com/summit/.

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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 First Quarter 2021 Financial Results, Business update and Announces Grant of Options

NEWS RELEASE

TORONTO, ON. May 27, 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 March 31, 2021.

Owen Moore, CEO and Co-Founder stated, “The Company progressed well during the first quarter despite a second wave of Covid-19”. He further noted that “the Company remains focused on investing in new technology development with the release of the BeMini in the coming weeks”.

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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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