Category: Connected sensor

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

August 23, 2021 No Comments Asset Tracking, BeWhere Press Release, Business update, Connected sensor, Financial Information, IoT, M-IoT

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

April 22, 2021 No Comments Asset Tracking, AT&T, Bell, BeWhere Press Release, Business update, Connected sensor, Covid-19, Environmental Monitoring, Financial Information, M-IoT

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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