Bewhere Holdings Inc V.BEW

Alternate Symbol(s): BEWFF

Technology Software - Application

BeWhere Holdings Inc. is a Canada-based is a mobile Internet of things (M-IOT) solutions company. The Company focused on designing and selling hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The Company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two main markets Asset Tracking remote location tracking various assets such as trailers, dry vans and Connected Sensors of to remotely track sensors information on non-powered fixed and movable assets. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms. The Company also offer solutions that can be integrated with existing software and white-labeled.

TSXV:BEW - Post by User

Bewhere Holdings Inc > BEW in sweet spot

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Post by hrgoyalon Apr 23, 2021 8:49am

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Post# 33054021

BEW in sweet spot

My 2 cents

Going forward, BwWhere is in a sweet spot. The 2020Q4 hardware sale is 1M compared to only 0.44M in 2019Q4. Q4 is typically the weakest Q for BEW.

If BEW maintain 1M+ in hardware & 0.8M in recurring revenue and even 10% Q -o Q growth, we will have 10M gross revenue and 1M in net profit

CEO, COO & CFO combined took a 33K haircut in 2020 compared to 2019 (2020 compensation 548K compared to 2019, 581K)

90 + days receivabe also has gone down compared to 2019

BEW is already cash positive. At 35c, 11M warrant will be in money and ia all are exercised, company will get additional 4M in cash. There will be no need for further dilution unless company go for major development expenses.

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