Bewhere Holdings Inc V.BEW

Alternate Symbol(s): BEWFF

Technology Electronic Components

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

Bewhere Holdings Inc

Bullboard Posts

Post by hrgoyalon Apr 23, 2020 2:26pm

215 Views

Post# 30945953

Q4 vs Q3, Bottom line good, top line terrible

Guys, seems management ignore Q3 vs Q4 comparision in NR. See below

Q3 2019 Q4 2019 Change

Revenue 1.92M 1.16 M -40.0%
Recurring Revenue 0.60M 0.69M +15%
Gross Profit 0.27M 0.29M +7.4%
Loss -0.21M 0.10M 50%

Revenue in Q4 is down by 40% compared to Q3. But good things are

1. Recurring revenue is increasing and now constitute 59% of total revenue. The Gross Profit Margin has gone up to now 25% from 14%

No guidance on 2020 Q1

Bullboard Posts

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