Category: Financial Information

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 Holdings Inc. Reports First Quarter 2023 Results  BeWhere Holdings Inc.

May 15, 2023 No Comments Asset Tracking, BeWhere Press Release, Financial Information

TORONTO, ON. May 15, 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 months ended March 31, 2023.

Owen Moore, CEO and Co-Founder stated, “The company continued to perform well with Q1 2023, representing our 8th consecutive quarter of positive net income and our 14th consecutive quarter of positive EBITDA”. He further noted “high margin recurring revenue was a quarterly record, totaling $1.2 million and represents 48% 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 $1,057,983”. He further noted “The Company improved cash position during the three months, by $307,959 to $3,534,938”.

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BeWhere Holdings Inc. Reports Third Quarter 2021 Financial Results

November 15, 2021 No Comments BeWhere Press Release, Financial Information

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

May 27, 2021 No Comments BeWhere Press Release, Business update, Financial Information, M-IoT

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

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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BeWhere Holdings Inc. Reports Second Quarter Financial Results of Fiscal 2020

August 24, 2020 No Comments Asset Tracking, AT&T, Bell, BeWhere Press Release, Business update, Covid-19, Environmental Monitoring, Financial Information, IoT, M-IoT, Partners

TORONTO, ON. August 24, 2020 – BeWhere  (TSX-V: BEW, OTCQB: BEWFF)  (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) solutions provider, is pleased to announce its financial results for three months ended June 30, 2020.

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