Category: IoT

BeWhere Holdings Inc. Reports Third Quarter Financial Results

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. Continues Expanding Canadian M-IoT Market with SecureQuip

Toronto, Ontario- November 6, 2018- BeWhere (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”) an Industrial Internet of Things (IIoT) asset tracking solutions provider, is pleased to announce the availability of its Mobile-IoT (“M-IoT”) solution on Bell’s LTE-M network through SecureQuip Systems, a leading provider of asset tracking services.

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BeWhere Holdings Inc. Reports Second Quarter Financial Results

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 its financial results for the three months ended June 30, 2018.

Owen Moore, CEO and Co-Founder stated “the second quarter closed with improved metrics on key indicators including revenues, margins, operating expenses and earnings. The Company is poised to illustrate further gains and leverage in our business model with the launch of our mobile-IOT solutions in the US market”.

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BeWhere Holdings Inc. Reports First Quarter 2018 Financial Results and Announces Grant of Options

TORONTO, ON. May 29, 2018 – (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 months ended March 31, 2018.

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BeWhere Holdings Inc. Announces Appointment of Permanent Chief Financial Officer and Secretary and Provides Update on Mobile World Congress 2018

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV-BEW) (“BeWhere” or the “company”) announces that Mr. Rajiv Khanna has been appointed as the company’s permanent Chief Financial Officer and Secretary superseding Mr. Mark Kohler who graciously held the office on an Interim basis as the company secured a full-time permanent candidate.

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BeWhere Holdings Inc. Reports 3rd Quarter Financial Results Hit Record Revenue Level – 804% Year-over-Year Nine Month Growth

 Highlights

  • Revenues increased by over 804% year over year, and 75% quarter over quarter – Revenues for the three months ended September 30, 2017 were $707 thousand compared to $42 thousand for the three months ended September 30, 2016: an increase of $665 thousand (1,583%). For the nine months ended September 30, 2017, revenues were $1,244 thousand compared to $138 thousand for the nine months ended September 30, 2016: an increase of $1,106 thousand (804%).
  • Gross Profit continues to trend higher – Gross profits for the three months ended September 30, 2017 were $218 thousand compared to $22 thousand for the three months ended September 30, 2016: an increase of $196 thousand (891%), as the Company scaled its shipments as part of previously announced customer wins.
  • Working Capital remains healthy and cash level increases – The Company increased its cash balance by $163 thousand in the third quarter, and had a working capital balance of approximately $1.35 million at quarter end.
  • On September 11, 2017 BeWhere’s Chief Executive Officer Owen Moore presented at the 5th GSMA Global Mobile IoT Summit in San Francisco.
  • On October 11, 2017 the Company announced that it had raised a total of $2,149,500 from the successful completion of its private placement financing, whereby the Company issued 7,165,000 common shares.
  • On October 13, 2017 BeWhere announced the implementation and rollout of an advanced mobile safety solution, providing enhanced security for Brinks Canada Operations.
  • On November 9, 2017 BeWhere, BELL, 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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