Category: Business update

BeWhere Holdings Inc Reports First Quarter 2024 Results

August 22, 2024 No Comments BeWhere Press Release, Business update

TORONTO, ON. August 22nd 2024 – 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 and six months ended June 30, 2024.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2024, representing our 13th consecutive quarter of positive net income.” He further noted, “High margin recurring revenue was a quarterly record, totaling $1.5 million and represents 28% year over year growth.”

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded the highest ever quarterly Gross profit of $1,411,263”. He further noted “The Company continued to improve on all its key metrics, while controlling its operating expenses and investing in research and development on its next generation M-IoT devices”.

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BeWhere Holdings Inc Reports 2023 Fiscal Year-end Results

April 18, 2024 No Comments Asset Tracking, BeWhere Press Release, Business update, Financial Information, IoT, M-IoT

TORONTO, ON. April 18, 2024 – 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, 2023.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 41% in Q4 while generating EBITDA margin of 12%”. He further added “For the fiscal year 2023, Total revenue improved by 20% and Recurring revenue grew 31%, resulting in record income before taxes of $828,902”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever annual Gross profit of $4,633,361, which improved by 31% in fiscal 2023”. He further noted “The Company continued to invest in research and development, while controlling its operating expenses”.

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BeWhere Celebrates Major Sales Achievement in Mobile IoT Innovation

November 27, 2023 No Comments Asset Tracking, BeWhere in the News, Business update, New Product

TORONTO, ON. November 27, 2023 – BeWhere Holdings Inc (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a leading Mobile Internet of Things (M-IoT) company, proudly announces the successful receipt and delivery of substantial orders comprising over 7,000 low-power 5G asset trackers, platform and integration services to a global Fortune 100 shipping and logistics company. While the identity of our client remains confidential, this milestone marks a pivotal moment for BeWhere, reaffirming its commitment to trailblazing innovation within the mobile IoT sector.

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BeWhere Holdings Inc. Reports 2022 Fiscal Year-end Results

April 17, 2023 No Comments BeWhere Press Release, Business update

TORONTO, ON. April 17, 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 twelve months ended December 31, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 17% and Recurring revenue growth of 35% year over year in fiscal 2022, resulting in record income before taxes of $526,134”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit, which improved by 55% in fiscal 2022”.

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BeWhere Launches BeMini Asset Tracker on the Geotab Marketplace  

February 2, 2023 No Comments BeWhere Press Release, Business update, M-IoT, Partners

BeWhere’s BeMini is now available as a fully integrated add-on solution to Geotab’s thousands of fleet customers worldwide  

TORONTO, ON. February 2nd, 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company, is pleased to announce the launch of its BeMini on Geotab’s Marketplace, a go-to source for top organizations seeking to optimize their fleets. 

BeMini uses IoT networks (LTE-M) to track an asset’s location, indoors and outdoors and features onboard sensors to monitor temperature, humidity, air pressure, light exposure and motion. The BeMini, which measures 2.24 x 1.4 x 0.79 inches, is unique due to its size and high-tech features offered on the Geotab Marketplace for asset and inventory management solutions. 

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BeWhere and Assured Telematics Launch First of Its Kind Forklift Tracking and Management with Hiab Integration

January 17, 2023 1 Comment Asset Tracking, Business update

TORONTO, ON. January 17 2023 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) company,  is pleased to announce the launch of a first of its kind forklift tracking, monitoring and maintenance solution, and a new integration with its partner  and reseller Assured Telematics (“ATI”) and Hiab for its Moffett truck-mounted forklifts.

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BeWhere Holdings Inc. Reports First Quarter 2022 Results  

May 16, 2022 No Comments Asset Tracking, BeWhere Press Release, Business update, Covid-19, IoT, M-IoT

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. (TSX.V: BEW) (OTCQB: BEWFF) Featured in Coverage of Investor Summit Group’s Q4 Virtual Event

November 15, 2021 No Comments Asset Tracking, BeWhere in the News, Business update

BeWhere Holdings (TSX.V: BEW) (OTCQB: BEWFF) is a Mobile Internet of Things (“M-IoT”) solutions company based in Toronto, Canada. BeWhere designs, manufactures and sells low-power 5G (known as “LTE-M” and NB-IoT) hardware with sensors for asset management and asset tracking applications.

The company’s solutions are low-cost, designed to last and to be used in rough environments. As a B2B company, BeWhere offers flexibility to its distributors, either by white-labelling its products, integrating in their user platforms or selling as an end-to-end solution (“Slap & Track”). The company’s resellers range from large telecom operators such as Bell, AT&T, T-Mobile; to market-specific leaders such as Fleet Complete, Tenna, Rand McNally, etc. End-users of BeWhere’s products cross a wide array of applications and industries such as construction, transport, logistics, governments, food and beverage, etc.

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

November 8, 2021 No Comments Asset Tracking, BeWhere Press Release, Business update, M-IoT

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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