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BeWhere Holdings Inc. (V:BEW)

Business Focus: Electronic Components

Sector:  Technology Industry:  Electronic Equipment & Parts
 
Company Contact
Address: 2475 Skymark Av., Unit 4
MISSISSAUGA ON L4W 4Y6
Tel: N/A
Website: https://bewhere.com
IR: See website
Key People
Owen Moore
Chief Executive Officer, Director
Rajiv Khanna
Chief Financial Officer
Chris Panczuk
Chief Operating Officer, Director
Business Overview
BeWhere Holdings Inc. is a Canada-based is a mobile Internet of things (M-IOT) solutions company. The Company focused on designing and selling hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The Company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two main markets Asset Tracking remote location tracking various assets such as trailers, dry vans and Connected Sensors of to remotely track sensors information on non-powered fixed and movable assets. 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. The Company also offer solutions that can be integrated with existing software and white-labeled.
Financial Overview
For the fiscal year ended 31 December 2023, Bewhere Holdings Inc revenues increased 20% to C$12.1M. Net income decreased 73% to C$555K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Foreign exchange gain (loss) decrease from C$100K (income) to C$129K (expense), Salaries and wages increase of 16% to C$1.6M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $30.54M as of Dec 31, 2023
Annual revenue (TTM): $12.05M as of Dec 31, 2023
EBITDA (TTM): $1.26M as of Dec 31, 2023
Net annual income (TTM): $0.55M as of Dec 31, 2023
Free cash flow (TTM): $1.47M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 87,231,111 as of Apr 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization