Résultats intéressants pour Bewhere BeWhere Holdings Inc. Reports Second Quarter Financial Results :
Revenues increased by 51% year over year
Revenues increased by 14% quarter over quarter
Gross Profit continues to trend higher – Gross profits for the three months ended June 30, 2018 was $259 thousand compared to $160 thousand for the three months ended June 30, 2017: an increase of $99 thousand or 62%.
Net loss – Net loss for the three months ended June 30, 2018 was $329 thousand compared to $389 thousand for the three months ended June 30, 2017: an improvement of $49 thousand or 13%. Net loss excluding the non-cash items of Share-based expense and Amortization for the three months ended June 30, 2018 was $167 thousand compared to $284 thousand for the three months ended June 30, 2017: an improvement of $117 thousand or 41%.
Working Capital remains healthy – At June 30, 2018, the Company had a working capital balance improved and amounted to $2,540 thousand, including cash of $2,006 thousand. During the three months ended June 30, 2018, the Company maintained a healthy working capital despite incurring development costs totaling $222 thousand for its next generation of M-IOT sensors and solutions during the quarter.
Le 4 septembre, achat de 150 000 actions de la part de mr Kulperger. Intéressant.
VANCOUVER, le 13 nov. 2018 /CNW/ - L’OCRCVM a suspendu la négociation des titres suivants :
Société : BEWHERE HOLDINGS INC
Symbole à la Bourse de croissance TSX : BEW
Motif : À la demande de la société en attendant une nouvelle
Heure de la suspension (HE) : 13 h 57
Financement de $2,5M à $3,5M
Tiré du Preliminary Short Form Prospectus
In order to fill the purchase orders for BeWhere Beacons, the Corporation will use the net
proceeds to pay for inventory to produce the BeWhere Beacons, all of which is expected to take
place in the latter part of 2018 and first half of 2019. Current outstanding purchase orders will
require approximately $1,100,000 for such inventory purchases.
At June 30, 2018, the Corporation had a
cash balance of approximately $2.0 million, a working capital balance of approximately $2.5
million, and current obligations of approximately $450,000. Based on management’s best
estimates and most recent cash position and without taking the proceeds of the Offering into
account, the Corporation would be able to continue its operations until at least December, 2019
without making any changes. Management expects the proceeds from the Offering will provide
sufficient cash to cover negative operating cash flow until December, 2021, when it is expected
that the Corporation will become cash-flow positive and self-funding
+24% sur un bon volume (3x la moyenne des 90 derniers jours). Quelqu’un a vu quelque chose?
Rempli à pleine capacité incluant l’option de ‘‘over-allotment’’ de 15%. Semblerait-il que la demande était très forte pour le placement privé, c’est probablement pour ça que le titre a bien performé dans le marché en même temps.
The appointment of Mr. Jacob to the Board of Directors of the Corporation is made pursuant to an investor rights agreement entered into between the Corporation and BCE Inc.
Toronto, Ontario–(Newsfile Corp. - May 7, 2019) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”), a Mobile Internet of Things (M-IoT) solutions provider, is pleased to announce the integration of its LTE-M connected M-IoT devices into Trakopolis’s platform.
“Trakopolis is a leading supplier of Internet of Things solutions for the Energy, Forestry, Mining and Transportation industries in North America,” says Owen Moore, CEO of BeWhere. “We are thrilled to have the opportunity to work with the team at Trakopolis to expand their offerings to include sophisticated, low cost, M-IoT asset tracking offerings to their existing and prospective clients.”
Calgary Alberta based Trakopolis software visualizes the location and performance of vehicles, equipment and people in real time, enhancing safety, reducing overheads and achieving operational excellence.
“We have identified latent market needs for non-powered asset tracking,” says Brent Moore, CEO Trakopolis. “The combined solution allows us to quickly offer a new tailored asset tracking solution to our customers, as well as gain new ones with a low-cost sophisticated, connected sensor and asset management offering.”
BeWhere (TSXV: BEW) (OTCQB: BEWFF) is a Mobile Internet of Things (“M-IoT”) solutions company that designs and sells 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. BeWhere’ solutions are cutting edge, using the latest available cellular technologies (LTE-M and NB-IoT) and offering customers low-cost sophisticated technology to implement a new level of visibility to their businesses.
Trakopolis is a Software-as-a-Service (SaaS) company with proprietary, cloud-based solutions for real-time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from many verticals including oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and others.
Margaux Berry, VP Strategy and Growth
1 (844) 229-4373 x 107
Trakopolis IoT Corp.
Brent Moore, President and Chief Executive Officer
Telephone: (403) 450-7854
Pas de position…
BEWHERE HOLDINGS INC. REPORTS FIRST QUARTER FINANCIAL RESULTS OF FISCAL 2019
Bewhere Holdings Inc. has released its financial results and operational highlights for the three months ended March 31, 2019.
First quarter 2019 operational highlights
The company’s mission is to disrupt the mobile asset tracking market with sophisticated low-cost solutions and to be a first mover in the mobile Internet of things (M-IoT) connected sensor market. To that end, the company progressed with a number of initiatives during and after Q1 2019.
Bewhere showcased new M-IoT solutions at the Mobile World Congress Barcelona in February, 2019. The company demonstrated its clean water-supply monitoring, highlighted on CNBC, and its connected-sensor solutions, highlighted on GSMA-TV.
The company’s technology and distribution partners launched additional marketing and awareness campaigns with Asset Tracking Fun with Mason and Macy.
The company expanded the number of technology and distribution partners, such as new valued partners Fleet Hoster and Trakopolis.
The company continues to expand its technology and distribution network with the recent signing of a distribution agreement with a Tier 1 mobile network operator and an expected product launch date in Q3 2019.
First quarter 2019 financial highlights
Revenues increased by 168 per cent year over year – Revenues for the three months ended March 31, 2019, were $1,433,928 compared with $534,614 for the three months ended March 31, 2018, an increase of $899,314.
Recurring revenue increased by 42 per cent year over year – Recurring revenues for the three months ended March 31, 2019, were $385,594 compared with $270,970 for the three months ended March 31, 2018, an increase of $114,624.
Recurring revenue increased by 17 per cent quarter over quarter – Recurring revenues for the three months ended March 31, 2019, were $385,594 compared with $330,878 for the three months ended Dec. 31, 2018, an increase of $54,716.
Net loss – Net loss for the three months ended March 31, 2019, was $506,603 compared with $454,588 for the three months ended March 31, 2018, an increase of $52,015 or 11 per cent. This is primarily due to planned increase in expenses associated to staffing levels and marketing.
The company closed a $4-million equity financing with a significant portion of the raise subscribed through insiders, management and strategic investors.
Working capital – At March 31, 2019, the company had a working capital balance of $5,087,083 including cash of $3,651,624. The company maintained a healthy working capital despite incurring development costs totalling $195,342 for its next generation of M-IoT sensors and solutions.
Three months ended March 31, 2019 2018
Total revenue $1,433,928 $534,614
Gross profit 188,003 159,047
Net (loss) (506,603) (454,588)
EPS – basic (0.01) (0.01)
C’est pas un peu bizarre de faire un NR alors que les earnings vont sortir genre ce soir ou demain matin ?
Ça aurait fait assez chargé comme communiqué de tout mettre ça ensemble. Je ne vois rien d’anormal ici personnellement.
QoQ Revenue Growth pas fameux. Sur FY19 ça risque de donné 6.5 - 8 M$ de revenue. On est encore loin du 20m$.
Pour le reste I guess que c’est moins pire que je pensais. Le progrès semble encore là. malgré que c’est beaucoup beaucoup plus long que prévu!
Au moins il y a de la croissance dans les revenus récurrents (+57% par rapport à l’année dernière et +25% par rapport au dernier trimestre). Les marges sur le hardware sont vraiment basses donc ce sont les revenus récurrents qui vont créer de la valeur à long terme.
Ça me semble un trimestre correct sans plus.
idem pour moi, les revenus sont le seul point positif notable
À part la croissance des revenus comme le trimestre précédent, la diminution de la perte nette d’un tiers pour le troisième trimestre est aussi un plus.
Curieuse annonce hier. Soit qu’ils ont perdu la tête ou la business a vraiment évolué positivement depuis le 30 septembre 2019 (Date des derniers résultats). J’ai hâte de voir les résultats annuels d’ici deux semaines.