Tag: Capital Markets

BeWhere Holdings Inc. Reports Third Quarter 2024

TORONTO, ON. November 20 2024 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a leading Mobile Internet of Things (M-IoT) company, is pleased to announce its financial results for three and nine months ended September 30, 2024.

Owen Moore, CEO and Co-Founder stated, “The company recorded its highest ever quarterly revenue with year over year growth of 64%”. He further noted “The Company is very excited with the orders since launch of its next generation devices and is expecting continued growth”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased that the Company successfully shipped a record number of devices on short notice demonstrating our capability to handle large orders in the future”.

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BeWhere Holdings Inc. Reports 2022 Fiscal Year-end Results

TORONTO, ON. April 17, 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 twelve months ended December 31, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with Total revenue improving by 17% and Recurring revenue growth of 35% year over year in fiscal 2022, resulting in record income before taxes of $526,134”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit, which improved by 55% in fiscal 2022”.

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BeWhere Holdings Inc. Reports Third Quarter 2022 Results

TORONTO, ON. November 23, 2022 – 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 and nine months ended September 30, 2022.

Owen Moore, CEO and Co-Founder stated, “Key performance indicators improved across the board, with recurring revenue growth of 41% year over year in the third quarter, resulting in record income of $216,771”.

Chris Panczuk, COO and Co-Founder stated, “We are pleased with the results as the company recorded highest ever quarterly Gross profit”. He further noted “The Company improved cash position during the nine months, by $681,808 to $3,240,481”.

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BeWhere Holdings Inc. Reports Second Quarter 2021 Financial Results and Business update

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. to Present at the SNN Network Canada Virtual Event on Thursday, January 7, 2021

Toronto, ON / January 04, 2021 / BeWhere  (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) solutions provider, today announced that it will be presenting at the SNN Network Canada Virtual Event on Thursday, January 7, 2021 at 3:30PM EST. Margaux Berry, VP Strategy and Growth, will be hosting the presentation and answering questions from investors.

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BeWhere Holdings Inc. Announces Agreement With Mobilizz Inc. and Welcomes a New Director

TORONTO, ONTARIO–(Marketwired – May 25, 2016) – BeWhere Holdings Inc. (TSX VENTURE:BEW), announces that it has entered into a distribution agreement with Mobilizz Inc., a company located in Toronto Ontario with customers throughout North America and has placed an initial order for 2,000 BeWhere Beacons to support an initial implementation with an electrical distribution and transmission utility in Western Canada.

“We are excited to be partnering with Mobilizz,” said Owen Moore, CEO of BeWhere Holdings Inc., “Mobilizz is an established provider of Geotab hardware and software solutions and has had years of experience working with utility and sub-contractor fleets. This experience gives them a deep understanding of the industry and its unique challenges. Our solutions will enable their customers to gain a much better understanding of asset location and the conditions that it currently and historically has been subjected to. Rather than relying on anecdotal information, we will provide a real time snapshot that drives correct decision making.”

“The fast and efficient delivery enabled by real-time data access is now essential in order to meet consumers’ expectations,” said Wayne Candy, President of Mobilizz. “By combining our expertise with Geotab in the utility sector with BeWhere’s Bluetooth beacons, we will generate efficiencies through time savings, better utilization and known asset allocation.”

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Four ‘Internet of Things’ companies to watch

   James West, MidasLetter | February 29, 2016 | Last Updated: Mar 7 10:22 AM ET

More from MidasLetter

James West is an investor and the author of the Midas Letter, an investing research report focused on small cap companies. The views expressed here are his own and are presented for general informational purposes only — they should not be construed as advice to invest in any securities mentioned.

The Internet of Things, the era in which all of our devices are connected to the internet in some form, and data and instructions transmitted among them through WiFi, Bluetooth, RFID and cellular signals, has arrived.

Legacy technologies are evolving, and new ones are being developed in the labs of universities and corporate research facilities throughout the world. The race to the next Unicorn ($1 Billion+ market cap startup) is on.

In Canada, that race is underway too. And already, there are a handful of companies who are seeking to capitalize their way to Unicorn glory through a public listing on the Toronto Venture Exchange.

Here are a few, who, by virtue of their product and service offerings, are real Internet-of-Things contenders, and thus bear watching by investors in search of the Next Big Thing.

1. BeWhere Holdings Inc.(TSX.V:BEW)

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Greenock receives conditional TSX-V OK for BeWhere RTO

Mr. John Dewdney reports

GREENOCK RESOURCES INC. ANNOUNCES TSX VENTURE EXCHANGE CONDITIONAL ACCEPTANCE

The TSX Venture Exchange has confirmed its conditional acceptance of Greenock Resources Inc.’s acquisition of BeWhere Inc. and Greenock’s concurrent financing that were announced Sept. 21, 2015. The company expects to close the transaction on or about Jan. 29, 2016.

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