Category: Business update

BeWhere Holdings Inc. Reports Third Quarter Financial Results

November 29, 2018 No Comments Asset Tracking, BeWhere Press Release, Business update, Financial Information, IoT, M-IoT

TORONTO, ON. November 29, 2018 – BeWhere Holdings Inc. (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), an Industrial Internet of Things (IIoT) provider of asset tracking and connected sensors solutions, is pleased to announce its financial results for the three months ended September 30, 2018.

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BeWhere Holdings Inc. and ArionTech Partners to Launch M-IoT in Canada

November 12, 2018 No Comments Asset Tracking, Bell, BeWhere Press Release, Business update, M-IoT

 TORONTO – November 12, 2018 –BeWhere  (TSX-V: BEW, OTCQB: BEWFF)  (“BeWhere” or the “Company”) an Industrial Internet of Things (IIoT) asset tracking solutions provider, is pleased to announced the official launch of its Mobile-IoT (“M-IoT”) solution on Bell’s LTE-M network with ArionTech, a leader in GPS Tracking and telematics solutions.

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BeWhere Holdings Inc. and Trak-iT launch M-IoT devices and solutions on Bell’s LTE-M network

October 26, 2018 No Comments Asset Tracking, Bell, BeWhere Press Release, Business update, Environmental Monitoring, M-IoT

TORONTO – October 26, 2018 –BeWhere  (TSX-V: BEW, OTCQB: BEWFF)  (“BeWhere” or the “Company”) an Industrial Internet of Things (IIoT) asset tracking solutions provider, and Trak-iT, a leading Canadian provider of tracking solutions under the Fleet Freedom brand, today announced the launch of Canada’s first integrated Mobile-IoT (M-IoT) fleet management solution on Bell’s LTE-M network.

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BeWhere White Labelling in the News: AT&T Helps You Track Just About Anything Anywhere

September 6, 2018 No Comments BeWhere Ads, BeWhere in the News, Business update, M-IoT

‘Slap and Track’ Asset Tracker is Compact, Affordable and has Battery Life up to 5 Years(1)

DALLAS, Sept. 6, 2018 /PRNewswire/ — Businesses need to know where their stuff is. Now, they can take comfort in knowing with a new GPS asset tracker from AT&T* and Fleet Complete.

Asset Tracker One (AT1) can track nearly anything – from transportation and agriculture to food services, pharmaceuticals and emergency services. You can monitor your things through the Fleet Complete mobile app.

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BeWhere Holdings Inc. Receives Strong Demand and Interest in New M-IOT Solutions

August 21, 2018 No Comments Asset Tracking, BeWhere Press Release, Business update, M-IoT

TORONTO, ON. August 21, 2018 – (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information and environmental conditions on fixed or movable assets.

BeWhere is pleased to announce the company has signed an agreement for 10,000 Mobile IoT units with an established fleet services provider, with 3,000 units due for immediate delivery. The order covers BeSol and BeTen products and will be used for monitoring non-powered mobile assets such as containers, trailers, cargo and equipment. Additional details are expected to be announced in the coming months.

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BeWhere Holdings Inc. Reports Fourth Quarter and Fiscal Year-end Financial Results and Provides Business Update

April 26, 2018 No Comments BeWhere in the News, BeWhere Press Release, Business update

Toronto, Ontario (FSCwire) – (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company” an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on movable assets.  The company develops mobile applications, middle-ware and cloud based solutions that stand-alone or that can be readily integrated with existing software, announces its financial results for the three and twelve months ended December 31, 2017.

Highlights

  • Revenues increased by over 748% year over year, and 504% quarter over quarter – Revenues for the three months ended December 31, 2017 were $443 thousand compared to $88 thousand for the three months ended December 31, 2016: an increase of $355 thousand (504%). For the twelve months ended December 31, 2017, revenues were $1,686 thousand compared to $225 thousand for the twelve months ended December 31, 2016: an increase of $1,461 thousand (748%).
  • Gross Profit continues to trend higher – Gross profits for the twelve months ended December 31, 2017 was $332 thousand compared to $57 thousand for the twelve months ended December 31, 2016: an increase of 580%. Gross profits increased primarily as a result of increased product and solution deliveries in the quarter and the positive effect of scaling the Company’s shipments as part of previously announced customer wins.
  • Working Capital remains healthy – At December 31, 2017, the Company had a working capital balance improved and amounted to $3,640 thousand, including cash of $3,205 thousand. This compares favorably with the working capital balance of $1,765 thousand, including cash of $1,824 thousand at December 31, 2016.
  • On November 9, 2017 BeWhere, Bell Canada and Huawei together with The Premier of Ontario Kathleen Wynne announced the successful completion of the first Low-Powered Wide Area (“LPWA”) cellular case study at Henry Pelham Winery in Pelham, Ontario show casing BeWhere’s disruptive technology for environmental monitoring

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