TORONTO, ON. November 21, 2023 – 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 nine months ended September 30, 2023.
Owen Moore, CEO and Co-Founder stated, “The company recorded a 91% year-over-year increase in Net income before income tax expense in the third quarter of 2023”. He further noted “the Company continued to perform well with Q3 2023, representing our 10th consecutive quarter of positive net income and our 16th consecutive quarter of positive EBITDA”.
Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,250,649”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses”.Continue reading