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

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Comment by hrgoyalon Aug 12, 2020 9:46am

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Post# 31397152

RE:RE:RE:Upcoming Weeks

BEW case is different. BEW has 2 revenue streams. One id device/hardware and second is recurring revenue from services. BEW does not make any money on device/hardware. Bruce Campbell told on BNN and now CEO confirmed in AGM. Even if device/hardware sales go down 50%, it will affect the total revenue but recurring revenue should not be affected. Recurring revenue from services is where profit comes

So again because lower selling expenses in Q2, BEW should be net positive. If not, it is not going to be net positive in 2020.

OriginalG wrote: If bew trends like the large cap wireless companies (RCI, BCE) you can see a 10 to 20 % drop in revenue and they took an incredible 50 to 70 % drop to income from April to June. Covid to blame in both.

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@ the Bell: TSX advances to start off Christmas trading week