Bewhere Holdings Inc V.BEW

Quarterly results analysis

[hrgoyal]

Quaterly Results       
                      Product/Hardware/Software    Service    Recurring Fee     Total        Net Profit/Loss

20Q2                         0.85M                              18K         0.75M              1.62M
20Q3                         1.31M                              43K         0.81M               2.17M      + 26K
20Q4                         1.02M                              24K         0.80M               1.84M      -  77k
21Q1                         0.98M                              14K         0.73M               1.73M      -  39K
21Q2                         1.63M                              18K         0.64M               2.28M      +130K
21Q3                         1.66M                              17K         0.74M               2.42M      +145K
21Q4                         1.32M                              18K          0.76M               2.11M      +177K
22Q1                         1.42M                              135K        0.81M               2.37M      +16K
22Q2                         1.78M                              47K         0.90M               2.73M      +154K
22Q3                         1.55M                              57K         1.04M               2.65M      +216K
22Q4                         1.10M                              60K         1.12M               2.28M      +140K
23Q1                         1.42M                              58K         1.20M               2.68M      +141K
 
The RED flag is no increase in Unit sales revenue YoY while inflation is 5%+. It means either we are selling less devices or not able to pass the increase in cost.
 
The yellow flag is Operating Expenses increasing despite no increase in hardware sales