Bewhere Holdings Inc V.BEW

Results are out. Check news

[hrgoyal]

Results are out. Check news. Analyze in detail by end of day

[yuriblue1969]

looks nice. work still to be done but nice.

[kulewater]

A few myopic retail shareholders seem to be focused on the bottom line and not the big picture today. I expect to see the PPS rise as more people digest the news and get a better understanding of each line item. GM increased 95%..  Free and clear for Q1 to be a blowout. Just my two cents. 

[Thebeginner2020]

It's not the first time I've heard this one! We'll see! For the moment nobody seems convinced!

[skibum45]

Agree that this seems to set-up well for Q1. Anything which cleans up the balance sheet is worth some short term pain. These little shakeouts seem like good buy-ops IMO

[hrgoyal]

I fully agree. Overall results are good. After accounting for currency exchange, recurring revenue increasing Q over Q. Before impairement charges, Q4 net profit will be 20K, so we have 2 back to back positive Q The problem is management creating a trust deficit. The perception that management was sitting on NY news for 10 days or if there are 25K units new orders after Dec. 31, 2020 as claimed

[Dunworkin2]

Everything looks good, solid numbers all around. Thanks hrgoyal for enquiring on your recurring revenue observation and sharing this with us.  I added on the dip today, ...not sure why it dipped?  Would be nice to see Insiders buying again assuming they aren't in a blackout for Q1.  Looking forward to Q1, it should be stellar for all the reasons you guys mentioned. Slow

[hrgoyal]

You know flat or declining recurring revenue was my biggest concern and big red flag, so I enquired & good that IR came back promptly with explanation.  I think insiders are in blackout period and buyback will expire by May 12, 2021 without company buying a single share. Share price went below 10c & company didn't buy a single share. Next time even if they renew buyback offer,

[Bonk4491]

Good point. Also found interesting that some of the option-warant were almost all at strike price of around 0.35 which is interesting for the upside ..except the bell one at 0.19 wich is fair and also some of them expired ...with this Q4 report and impairement of bemini bew is all in for 2021 and i like it. should have been 2019 but hey with all the money going to crypto and others covid stuff the

[hrgoyal]

Results seems to be okay except taking 1.9M impairement charges in 2020Q4. May be company want to clean the balance sheet going forward.  I estimate all coming Q will show net profit as no major impairement charges ledt.

[Hallfield]

View this story in your browser BeWhere Holdings Inc. Reports 2020 Fiscal Year-End Financial Results   Toronto, Ontario--(Newsfile Corp. - April 22, 2021) - BeWhere  (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a Mobile Internet of Things (M-IoT) company, is pleased to announce its financial results for twelve months

[kulewater]

Very pleased and encouraged by these results. I am also glad to see they have written down the exception one-time cost as part of Q4. This will clear the balance sheet and provide better optics as they move into a very profitable 2021. This kind of accounting move will remove overhang form future earnings and also help identify true NAV/NEV. Also this from the NR to be noted: Purchase

[Thebeginner2020]

''The Company is actively working on various other opportunities in its pipeline.'' I hope they are actively working because the market does not seem convinced!!