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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

Comment by kulewateron Nov 13, 2021 12:16pm
117 Views
Post# 34123239

RE:Very Solid Q3

RE:Very Solid Q3Official MD&A Highlights:

CONTINUED GROWTH
The Company progressed well during the third quarter. Highlights include:

  • Highest Total Revenue – The Company recorded highest total revenue in the third quarter, which increased by 12% year over year. Total Revenue for the three months ended September 30, 2021 was $2,421,851 compared to $2,172,029 for the same period in 2020: an increase of $249,822.
  • Highest Net profit – The Company recorded highest net profit in the third quarter, which increased by 462% year over year. Net profit for the three months ended September 30, 2021 was $145,132 compared to $25,808 for the same period in 2020: an improvement of $119,324.
  • Gross profit – Gross profit for the three months ended September 30, 2021 was $542,035 compared to $438,781 for the same period in 2020: an improvement of $103,254: an increase of 24%.
  • Adjusted EBITDA – Adjusted EBITDA for the three months ended September 30, 2021 was $216,678 compared to $129,675 for the same period in 2020: an improvement of $87,003: an increase of 67%. 


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