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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
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(9)
•••
Post by hrgoyalon Aug 24, 2020 10:34am
232 Views
Post# 31445337

Q2 Results and my take

Q2 Results and my takeProduct/Hardware Sales in last 6 Q
Here is the summary of 5Q
                      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
 
Trade receivable greater than 90 days old has ireduced from 120K in 2019 to 69K by June 2020. Good work.

Overall good Q2. I am bit disappointed as BeWhere has real chance t show +ve EPS by just reducing expenses or pushing profit by $25K. May be Q3
 
Looking at Q2, I am hopeful for Q3. 

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