BeWhere Holdings Inc. Announces Release Date of Third Quarter 2024 Results
BeWhere Holdings has announced it will release its financial results for Q3 2024 on November 20, 2024. The company's recent quarterly performance shows consistent growth, with total revenue increasing from $3.07M in Q3 2023 to $4.32M in Q2 2024. Gross profit has also shown steady improvement, rising from $1.25M to $1.41M over the same period. Net profit has fluctuated but demonstrated overall growth, reaching $387,787 in Q2 2024, compared to $284,662 in Q3 2023.
BeWhere Holdings ha annunciato che rilascerà i suoi risultati finanziari per il terzo trimestre del 2024 il 20 novembre 2024. Le recenti performance trimestrali dell'azienda mostrano una crescita costante, con il fatturato totale che è aumentato da 3,07 milioni di dollari nel Q3 2023 a 4,32 milioni di dollari nel Q2 2024. Il profitto lordo ha anche mostrato un miglioramento costante, salendo da 1,25 milioni di dollari a 1,41 milioni di dollari nello stesso periodo. Il profitto netto è variato ma ha dimostrato una crescita complessiva, raggiungendo 387.787 dollari nel Q2 2024, rispetto ai 284.662 dollari nel Q3 2023.
BeWhere Holdings ha anunciado que publicará sus resultados financieros para el tercer trimestre de 2024 el 20 de noviembre de 2024. El rendimiento trimestral reciente de la compañía muestra un crecimiento constante, con ingresos totales que aumentaron de 3,07 millones de dólares en el Q3 2023 a 4,32 millones de dólares en el Q2 2024. El beneficio bruto también ha mostrado una mejora constante, subiendo de 1,25 millones de dólares a 1,41 millones de dólares en el mismo período. El beneficio neto ha fluctuado pero ha demostrado un crecimiento general, alcanzando 387.787 dólares en el Q2 2024, en comparación con 284.662 dólares en el Q3 2023.
BeWhere Holdings는 2024년 3분기 재무 결과를 2024년 11월 20일에 발표할 것이라고 발표했습니다. 회사의 최근 분기 실적은 지속적인 성장을 보여주며, 총 수익은 2023년 3분기 3.07백만 달러에서 2024년 2분기 4.32백만 달러로 증가했습니다. 총 이익 역시 안정적인 향상을 나타내며 같은 기간 동안 1.25백만 달러에서 1.41백만 달러로 증가했습니다. 순이익은 변동은 있지만 전반적인 성장을 나타내며, 2024년 2분기에 387,787 달러에 도달했으며, 2023년 3분기의 284,662 달러와 비교됩니다.
BeWhere Holdings a annoncé qu'elle publiera ses résultats financiers pour le troisième trimestre 2024 le 20 novembre 2024. Les performances trimestrielles récentes de l'entreprise montrent une croissance constante, avec un chiffre d'affaires total passant de 3,07 millions de dollars au T3 2023 à 4,32 millions de dollars au T2 2024. Le bénéfice brut a également montré une amélioration continue, passant de 1,25 million de dollars à 1,41 million de dollars pendant la même période. Le bénéfice net a fluctué mais a montré une croissance globale, atteignant 387.787 dollars au T2 2024, par rapport à 284.662 dollars au T3 2023.
BeWhere Holdings hat angekündigt, dass am 20. November 2024 die finanziellen Ergebnisse für das dritte Quartal 2024 veröffentlicht werden. Die kürzlichen vierteljährlichen Leistungen des Unternehmens zeigen ein stetiges Wachstum, wobei der Gesamtumsatz von 3,07 Millionen Dollar im Q3 2023 auf 4,32 Millionen Dollar im Q2 2024 gestiegen ist. Der Bruttogewinn hat ebenfalls eine stetige Verbesserung gezeigt, die von 1,25 Millionen Dollar auf 1,41 Millionen Dollar im gleichen Zeitraum gestiegen ist. Der Nettogewinn hat geschwankt, aber insgesamt Wachstum gezeigt und erreichte 387.787 Dollar im Q2 2024, verglichen mit 284.662 Dollar im Q3 2023.
- Revenue growth from $3.07M to $4.32M over four quarters
- Consistent gross profit improvement reaching $1.41M in Q2 2024
- Net profit increase to $387,787 in Q2 2024, up from Q3 2023
- None.
Toronto, Ontario--(Newsfile Corp. - November 12, 2024) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a leading Mobile Internet of Things (M-IoT) company, announces the release date of its financial results for three and nine months ended September 30, 2024.
The company will announce its third quarter of 2024 results on November 20, 2024.
Below is the summary of results for the last four quarters:
| 2023 | 2023 | 2023 | 2024 | |
| Q3 | Q4 | Q1 | Q2 | |
| Total Revenue | 3,075,102 | 3,217,734 | 3,500,137 | 4,320,672 |
| Gross profit | 1,250,649 | 1,247,052 | 1,343,332 | 1,411,263 |
| Net profit | 284,662 | 93,908 | 210,379 | 387,787 |
Non-IFRS Measures
Adjusted EBITDA is a non-IFRS measure and does not have standardized meaning as it relates to performance measures and may not be comparable to other issuer disclosures of similar performance measures. The Company has provided a reconciliation of Adjusted EBITDA to IFRS profit (loss) in the Management's Discussion and Analysis for the period ended December 31, 2023. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses. Management believes that Adjusted EBITDA is a useful measure that facilitates period to period operating comparisons. Adjusted EBITDA should not be considered superior to IFRS net income (loss).
About BeWhere
BeWhere (TSXV: BEW) (OTCQB: BEWFF) specializes in low-power 5G IoT wide-area tracking technology, creating remote monitoring solutions that address cost, power, and environmental challenges. In just 6 years, the company has experienced rapid growth, collaborating with Fortune 500 companies, top resellers and installers to deploy hundreds of thousands of trackers across numerous sectors, including transportation, construction, logistics, utilities, health, and government.
BeWhere's tracking solutions are designed to be both cost-effective and simple to implement, significantly expanding the scope of assets that can be connected. These connected devices generate data that powers intelligent AI management platforms. By increasing the number of connected devices, BeWhere enhances the capabilities and growth potential of AI solutions.
Follow BeWhere on LinkedIn, Facebook, Twitter, and YouTube
CONTACT INFORMATION
BeWhere Inc.
Margaux Berry, VP Strategy and Growth
1 (844) 229-4373 x 107
info@bewhere.com
Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance, are "forward-looking statements".
We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
BeWhere Holdings Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
The Company's audited Interim Consolidated Financial Statements for the period ended June 30, 2024 and 2023, together with its corresponding Management's discussion and analysis can be found under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.bewhere.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the Policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229517
FAQ
When will BeWhere Holdings (BEWFF) release its Q3 2024 financial results?
What was BeWhere Holdings (BEWFF) revenue in Q2 2024?
How much net profit did BeWhere Holdings (BEWFF) generate in Q2 2024?
