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Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as Asset Tracking, and Connected Sensors. Its Asset Tracking consists of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans, and others. Its Connected Sensors remotely track information on assets for water pressure, water detection and soil moisture. The Company also offers solutions that can be fully integrated with existing software, and white-labeled. 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.


TSXV:BEW - Post by User

Bullboard Posts
Comment by hrgoyalon May 07, 2018 1:39pm
88 Views
Post# 27992505

RE:Revenue and Expense Revision

RE:Revenue and Expense Revision
The absolute numbers on revenue or expense has not change at all. The changes are only in % increase.

It is poor math skill which required this amendment.

% increase i+ (Final-Initial)/Intial. But earlier company calculated

% increase = Final/Intial

eg. if 2017 revenue is 300K and 2016 is 100K, % increase will be (300-100)/100 200%

They calculated 300/100 = 300% increase. Though we can say revenue jumed 3 time in 2017 compared to 2016
Bullboard Posts