Reported Earnings • May 01
Full year 2025 earnings released: EPS: CA$0.018 (vs CA$0.009 in FY 2024) Full year 2025 results: EPS: CA$0.018 (up from CA$0.009 in FY 2024). Revenue: CA$21.5m (up 22% from FY 2024). Net income: CA$1.56m (up 92% from FY 2024). Profit margin: 7.3% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings. Announcement • Apr 28
BeWhere Holdings Inc., Annual General Meeting, Jun 25, 2026 BeWhere Holdings Inc., Annual General Meeting, Jun 25, 2026. Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: CA$0.005 (vs CA$0.004 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.005 (up from CA$0.004 in 3Q 2024). Revenue: CA$6.08m (up 21% from 3Q 2024). Net income: CA$455.0k (up 42% from 3Q 2024). Profit margin: 7.5% (up from 6.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CA$0.004 (vs CA$0.005 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.004 (down from CA$0.005 in 2Q 2024). Revenue: CA$5.52m (up 28% from 2Q 2024). Net income: CA$391.6k (down 5.8% from 2Q 2024). Profit margin: 7.1% (down from 9.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Reported Earnings • May 22
First quarter 2025 earnings released: EPS: CA$0.001 (vs CA$0.004 in 1Q 2024) First quarter 2025 results: EPS: CA$0.001 (down from CA$0.004 in 1Q 2024). Revenue: CA$4.21m (up 20% from 1Q 2024). Net income: CA$95.9k (down 70% from 1Q 2024). Profit margin: 2.3% (down from 9.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Reported Earnings • Apr 21
Full year 2024 earnings released: EPS: CA$0.009 (vs CA$0.006 in FY 2023) Full year 2024 results: EPS: CA$0.009 (up from CA$0.006 in FY 2023). Revenue: CA$17.5m (up 45% from FY 2023). Net income: CA$814.1k (up 47% from FY 2023). Profit margin: 4.6% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
BeWhere Holdings Inc., Annual General Meeting, Jun 18, 2025 BeWhere Holdings Inc., Annual General Meeting, Jun 18, 2025. Announcement • Jan 10
BeWhere Holdings Inc. (TSXV:BEW) agreed to acquire United States Corporation. BeWhere Holdings Inc. (TSXV:BEW) agreed to acquire United States Corporation for $0.6 million on January 8, 2025. vides Installation, Field Service and Warehousing / Logistics for IoT device and solutions companies. The purchase price for the shares is $0.6 million, which is payable in cash in the amount of $0.25 million and by the issuance of a total of 690,141 Common Shares of the Corporation at a deemed price of CAD 0.71 per share for a total amount of CAD0.49 million ($0.35 million). Total revenue and net income of the target company for trailing twelve months was $1.2 million (CAD 1.68 million) (unaudited) and $0.17 million (CAD 238,000) (unaudited), respectively.
The transaction is subject to final acceptance by the TSX Venture Exchange. Announcement • Jan 09
BeWhere Holdings Inc. Announces the Appointment of Peter Wilcox to the Board of Directors BeWhere Holdings Inc. announced the appointment of Peter Wilcox to the Board of Directors. Mr. Wilcox brings a wealth of experience in the telecommunications industry, currently serving as Director of Technical Product Management at Bell Canada. His two-decade career has focused on leading high-performing product teams and delivering innovative solutions across a range of technologies including 5G, IoT, Private Mobile Networks, connected car technologies and internet and media services. His expertise in solving complex enterprise digital transformation challenges will be invaluable to BeWhere. At Bell, Peter spearheaded the development of Bell's 5G developer program, accelerating business adoption of 5G through strategic partnerships. Peter holds an Honours Business Administration degree from the Ivey Business School at Western University and is a charter member of the Innovation North lab, dedicated to reimagining corporate innovation through systems thinking to create better business outcomes and a more prosperous, resilient, and sustainable future. Reported Earnings • Nov 21
Third quarter 2024 earnings released: EPS: CA$0.004 (vs CA$0.003 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.004 (up from CA$0.003 in 3Q 2023). Revenue: CA$5.03m (up 64% from 3Q 2023). Net income: CA$321.6k (up 14% from 3Q 2023). Profit margin: 6.4% (down from 9.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 42% per year. Announcement • Nov 13
BeWhere Holdings Inc. to Report Q3, 2024 Results on Nov 20, 2024 BeWhere Holdings Inc. announced that they will report Q3, 2024 results on Nov 20, 2024 Buy Or Sell Opportunity • Nov 01
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 74% to CA$0.87. The fair value is estimated to be CA$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Oct 23
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$78k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Significant insider selling over the past 3 months (CA$78k sold). Market cap is less than US$100m (CA$67.1m market cap, or US$48.5m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.001 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.005 (up from CA$0.001 in 2Q 2023). Revenue: CA$4.32m (up 40% from 2Q 2023). Net income: CA$415.5k (up 412% from 2Q 2023). Profit margin: 9.6% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
BeWhere Holdings Inc. to Report Q2, 2024 Results on Aug 22, 2024 BeWhere Holdings Inc. announced that they will report Q2, 2024 results on Aug 22, 2024 Reported Earnings • May 17
First quarter 2024 earnings released: EPS: CA$0.004 (vs CA$0.001 in 1Q 2023) First quarter 2024 results: EPS: CA$0.004 (up from CA$0.001 in 1Q 2023). Revenue: CA$3.50m (up 31% from 1Q 2023). Net income: CA$322.2k (up 212% from 1Q 2023). Profit margin: 9.2% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. New Risk • Apr 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.6% net profit margin). Market cap is less than US$100m (CA$34.9m market cap, or US$25.3m). Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CA$0.006 (vs CA$0.024 in FY 2022) Full year 2023 results: EPS: CA$0.006 (down from CA$0.024 in FY 2022). Revenue: CA$12.1m (up 20% from FY 2022). Net income: CA$554.6k (down 73% from FY 2022). Profit margin: 4.6% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
BeWhere Holdings Inc., Annual General Meeting, Jun 18, 2024 BeWhere Holdings Inc., Annual General Meeting, Jun 18, 2024. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.002 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.003 (up from CA$0.002 in 3Q 2022). Revenue: CA$3.08m (up 16% from 3Q 2022). Net income: CA$282.6k (up 30% from 3Q 2022). Profit margin: 9.2% (up from 8.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.001 (down from CA$0.002 in 2Q 2022). Revenue: CA$3.09m (up 13% from 2Q 2022). Net income: CA$81.1k (down 48% from 2Q 2022). Profit margin: 2.6% (down from 5.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0 in 1Q 2022) First quarter 2023 results: EPS: CA$0.001 (up from CA$0 in 1Q 2022). Revenue: CA$2.68m (up 13% from 1Q 2022). Net income: CA$103.3k (up CA$87.1k from 1Q 2022). Profit margin: 3.9% (up from 0.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: CA$0.024 (vs CA$0.005 in FY 2021) Full year 2022 results: EPS: CA$0.024 (up from CA$0.005 in FY 2021). Revenue: CA$10.0m (up 17% from FY 2021). Net income: CA$2.10m (up 405% from FY 2021). Profit margin: 21% (up from 4.9% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
BeWhere Launches Bemini Asset Tracker on the Geotab Marketplace BeWhere announced the launch of its BeMini on Geotab's Marketplace, a go-to source for top organizations seeking to optimize their fleets. BeMini uses IoT networks (LTE-M) to track an asset's location, indoors and outdoors and features onboard sensors to monitor temperature, humidity, air pressure, light exposure and motion. The BeMini, which measures 2.24 x 1.4 x 0.79 inches, is unique due to its size and high-tech features offered on the Geotab Marketplace for asset and inventory management solutions. BeMini uses GPS outdoors and Wi-Fi and Bluetooth (2.4Ghz/BLE 5.2) indoors, allowing for multiple configurations for asset and inventory tracking purposes. The BeMini offers an optional power harness to enable no-charge capabilities, engine run time monitoring and provide GPS-based odometers. Customers equipped with the BeMini incur low device and deployment costs, full network coverage, configurable alerting and triggering updates, all while providing users a solution to better keep track of assets in transit or storage. Geotab, a global leader in connected transportation, offers an extensive ecosystem of valuable, business-focused applications and add-ons via the Geotab Marketplace, helping provide businesses with the tools needed to better manage their fleets. With the addition of BeMini on the Geotab Marketplace, the over 42,000 customers worldwide will have access to a solution that integrates seamlessly into customers' MyGeotab platform and provides real-time asset tracking, accurate billing and reporting and historical location data for misplaced goods. Announcement • Jan 19
BeWhere and Assured Telematics Launch First of Its Kind Forklift Tracking and Management with Hiab Integration BeWhere announced the launch of a first of its kind forklift tracking, monitoring and maintenance solution, and a new integration with its partner and reseller Assured Telematics ("ATI") and Hiab for its Moffett truck-mounted forklifts. ATI has been a BeWhere partner since 2016; and is an industry leader in providing enterprise fleets with custom telematics solutions and applications. By partnering with BeWhere and Geotab Inc., a global leader in IoT and connected transportation, Assured Telematics now provides the industry's most accurate and detailed forklift insights and management solution for both indoor and outdoor tracking on electric and propane powered forklifts. Fully integrated within the MyGeotab fleet management platform, the BeWhere Forklift telematics solution provides accurate tracking: Indoor tracking using WiFI and BLE micro-location. Outdoor tracking using GPS GLONASS, BeiDou, Galileo and QZSS. The BeWhere Forklift telematics platform accepts external power from 6 to 55 Volts and has an internal battery which provides continuous tracking when external power is not available. The hardware measures 2.24 x 1.4 x 0.79 inches. Reported Earnings • Nov 24
Third quarter 2022 earnings released: EPS: CA$0.002 (vs CA$0.002 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.002 (in line with 3Q 2021). Revenue: CA$2.65m (up 9.4% from 3Q 2021). Net income: CA$216.8k (up 49% from 3Q 2021). Profit margin: 8.2% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Nauby Jacob was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CA$0.002 (vs CA$0.001 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.002 (up from CA$0.001 in 2Q 2021). Revenue: CA$2.73m (up 20% from 2Q 2021). Net income: CA$154.5k (up 19% from 2Q 2021). Profit margin: 5.7% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
First quarter 2022 earnings released: EPS: CA$0 (vs CA$0 in 1Q 2021) First quarter 2022 results: EPS: CA$0 (vs CA$0 in 1Q 2021). Revenue: CA$2.37m (up 37% from 1Q 2021). Net income: CA$16.2k (up CA$51.9k from 1Q 2021). Profit margin: 0.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Nauby Jacob was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 18
Full year 2021 earnings released: EPS: CA$0.005 (vs CA$0.022 loss in FY 2020) Full year 2021 results: EPS: CA$0.005 (up from CA$0.022 loss in FY 2020). Revenue: CA$8.54m (up 21% from FY 2020). Net income: CA$416.5k (up CA$2.39m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 14
BeWhere Holdings Inc., Annual General Meeting, Jun 16, 2022 BeWhere Holdings Inc., Annual General Meeting, Jun 16, 2022. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Nauby Jacob was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 10
BeWhere Announces Canadian Launch of BeMini on LTE-M Exclusively Through Bell BeWhere announced the official North American launch of its miniaturized low-power 5G tracker, the BeMini, and its exclusive availability through Bell Canada. The BeMini is a miniaturized GPS tracker with indoor location that works on Bell's LTE-M (low-power 5G) network. It combines all the sensors (temperature, humidity, light exposure, motion) and functionality of existing asset trackers but at 1/4 of the size. The rugged design and battery capacity were designed for B2B applications but can also be used for B2C. It operates on a micro-USB rechargeable battery and combines GPS with the addition of Wi-Fi location tracking to offer indoor positioning. As a result, the BeMini can offer a new Wi-Fi "LEASH" feature where it can automatically ping less often when in range of user-identified Wi-Fi networks and automatically ping more frequently when out of designated zones. Fitting in the palm of hand, the BeMini's small and lightweight design opens the door to a broader variety of asset tracking use cases. It can be effectively used in compact spaces or where a discreet tracker would work better. This includes smaller objects such as individual shipment tracking (or pallets) and valuable bags/cases - like med kits, money bags or pelican cases with specialized tools. This is in addition to tracking pallets, smaller tools, and equipment (rental or owned) like portable generators, hospital equipment, restoration equipment and more. In Canada, Bell will distribute the BeMini through its commercial salesforce, targeting mid- to large Enterprises, with an all-in affordable price and yearly renewals. In the United States, the BeMini is added to reseller offerings. Board Change • Mar 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Nauby Jacob was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 24
Full year 2020 earnings released: CA$0.022 loss per share (vs CA$0.014 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CA$7.04m (up 15% from FY 2019). Net loss: CA$1.97m (loss widened 60% from FY 2019). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 12
New 90-day high: CA$0.37 The company is up 57% from its price of CA$0.23 on 13 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: CA$0.27 The company is up 42% from its price of CA$0.19 on 17 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period. Announcement • Dec 06
BeWhere Holdings Inc. Announces Follow Up 6,500-Unit Order from Tenna, LLC BeWhere Holdings Inc. announced a follow-up order from Tenna, LLC. Tenna and BeWhere expanded their partnership with an additional order of 6,500 TennaMINI GPS trackers (BeWhere's M-IoT devices) as demands continue to grow in the construction vertical despite the global economic contraction due to COVID-19. Tenna's One Platform combined with the TennaMINI GPS trackers will generate meaningful data to improve their equipment fleet operations processes resulting in reduced operating costs and significant time saving. The TennaMINI is small, flexible, durable, easy-to-install and its long-lasting battery-life provides reliable equipment tracking and management. It is designed to work in harsh external environments to meet the needs of the construction industry. Is New 90 Day High Low • Oct 27
New 90-day high: CA$0.22 The company is up 76% from its price of CA$0.13 on 29 July 2020. The Canadian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 1.0% over the same period.