BeWhere Holdings Inc. Reports First Quarter Financial Results of Fiscal 2020
TORONTO, ON. May 25, 2020 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a MobileInternet of Things (M-IoT) solutions provider, is pleased to announce its financial results for three months ended March 31, 2020.
Owen Moore, CEO and Co-Founder stated “The Company progressed well during the first quarter in spite of the Covid-19 related headwinds which delayed some large government projects. Gross Profit improved for the second consecutive quarter resulting in recording lowest Net loss in Company’s history”. He further noted that “As a provider of remote monitoring and track & trace solutions, BeWhere has demonstrated the critical value of its solutions during the challenges presented by Covid-19”.
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