Media and News

BeWhere Holdings Inc. Reports Second Quarter Financial Results

August 21, 2018 No Comments BeWhere Press Release, Financial Information, IoT, 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 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 Update: Assured Telematics Announces Three New Developments

July 5, 2018 No Comments Asset Tracking

 

Milton, MA. June 30, 2018. With Assured Telematics, you can be sure of innovations that make use of the latest technological trends to help make telematics and fleet management easier.

A known leader in the telematics services space, Assured Telematics has a series of good news to share!

Assured Telematics, along with one of their most trusted and proven hardware partners, BeWhere, has just received certification by Verizon for the LTE Cat M1 network. Verizon launched the network only in May 2017, providing a fast, secure, and wide coverage for Internet of Things (IoT) devices. BeWhere is among the first asset trackers to obtain such certification, and be part of Verizon’s first commercial LTE Cat M1 network.

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

May 29, 2018 No Comments BeWhere Press Release, Financial Information, IoT, M-IoT

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. 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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BeWhere Announces Changes to the Board of Directors

April 20, 2018 No Comments Asset Tracking, BeWhere Press Release

Toronto, Ontario – April 20th, 2018 – BeWhere Holdings Inc. (TSXV-BEW) (the “Corporation”) announces the appointment of Joanne De Laurentiis to BeWhere’s board of directors. Retired in 2016 as President and CEO of the Investment Funds Institute (IFIC), Joanne De Laurentiis was also CEO of Credit Union Central of Canada, Mondex Canada and Interac. Before moving into executive leadership roles, she served as Vice-President, Public Affairs for the Canadian Bankers Association and was chief of staff to a Minister in the Ontario Government. She has served on many business and not-for-profit boards including IFIC, Interac, Mondex, Cumis Insurance, Credential Financial, AgriFinance, Ethical Funds, Concentra Financial, the Ontario Lottery & and Gaming Corporation, the Toronto Board of Trade and St. Stephen’s Community House.

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

March 8, 2018 No Comments BeWhere in the News, BeWhere Press Release, Business update, IoT, M-IoT

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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