BeWhere Holdings Inc. Reports Third Quarter 2021 Financial Results
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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