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 > 1M in net profit in 2021 is now possible

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Post by hrgoyalon Apr 26, 2021 10:58am

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Post# 33066393

1M in net profit in 2021 is now possible

1M in net profit in 2021 is now feasible.

Now when BeWhere booked 1.8M deveopment expenses in 2020Q4, going forward, it will add $360K per year to net profit (Considering linear 20% depreciation rate).

with a 50K increase in recurring revenue Q over Q will add (50+100+150+200) 500K and little bit from services will add to $1M

Any profit increase from device sales will be bonus.

One head wind is strengthening looni as most of BEW sales/services are in US

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