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 > Salary & wages in 20Q1= 196K & 21Q1=263K, 67K increase

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Post by hrgoyalon May 27, 2021 3:56pm

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Post# 33279921

Salary & wages in 20Q1= 196K & 21Q1=263K, 67K increase

Product/Hardware Sales in last 9 Q
Here is the summary of 8Q
Product/Hardware/Software Service Recurring Fee Total

19Q1 1.02M 32K 0.39M 1.43M
19Q2 0.92M 181K 0.48M 1.58M
19Q3 1.22M 102K 0.60M 1.92M
19Q4 0.44M 30K 0.69M 1.16M
20Q1 0.67M 6K 0.73M 1.41M
20Q2                         0.85M                              18K         0.75M              1.62M
20Q3                         1.31M                              43K         0.81M               2.17M
20Q4                         1.02M                              24K         0.80M               1.84M
21Q1                         0.98M                              14K         0.73M               1.73M

The biggest red flag is 9% lower recurring revenue in Q1 compared to Q4 of 2020. When more units are in use, recurring revenue should go up.
Here we go: Salary & wages in 2020Q1= 196K & in 2021Q1=263K, an increase of $67K. Company losing money and big bosses are getting hefty increases.
BEW is back in net loss

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