BeWhere (TSXV: BEW) reports record FY2024 results! BeWhere is growing fast and delivering strong margins in the Mobile IoT space. 🚀 Total Revenue: $17.5M (+45%) 📈 Recurring Revenue: $6.9M (+36%) 💵 Gross Profit: $5.8M (+26%) 📊 Net Income (Pre-Tax): $1.4M (+98%) 💼 Working Capital: $7.8M Strong Q4 capped off the year with: 🔹 Q4 Revenue +45% 🔹 Q4 Recurring Revenue +51% 🔹 Q4 Gross Profit +32% 💡 Continued investment in R&D and innovation. 📦 Momentum driven by next-gen M-IoT devices. 👉 Read more: https://lnkd.in/gtP6u4ee #IoT #TechStocks #TSXV #Earnings #CanadianTech #BeWherevolution
BeWhere
Technology, Information and Internet
Toronto, Ontario 1,878 followers
We make mobile IoT trackers with sensors for our partners by leveraging low-power 5G. Simple, rugged, and it works.
About us
BeWhere Inc. (TSX-V: BEW) is a Mobile IoT solutions company. Our primary focus is on the use of low-power, low-cost wireless network connectivity such as LTE-M, NB-IoT (low-power 5G), and BLE for asset tracking and connected sensors. Our wheelhouse is monitoring "things" that spend much of their time 'outside the four walls'. The company offers an end-to-end cloud-based solution that can be used on a stand-alone basis, white-labeled, or more frequently, integrated into third-party systems via API's. We design and develop our own hardware (beacons), and software. Through our partners, BeWhere's solutions primarily target B2B applications such as transportation, Logistics (large and small L), construction, utilities, health care equipment tracking and manufacturing (WIP and final product) tracking. The company currently has distribution agreements with a variety of mobile network operators and software solution providers. This includes AT&T, Bell and T-Mobile as well as with some of the world's most successful fleet telematics and construction asset management software companies. Contact us for more information on our evolving list of products and services at info@bewhere.com
- Website
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http://www.bewhere.com/
External link for BeWhere
- Industry
- Technology, Information and Internet
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Public Company
- Founded
- 2014
- Specialties
- Industrial Internet of Things, Long range BLE Beacons, Movable Asset Tracking, Customized Services, Inventory Management, Loss Prevention, LPWA, NB-IoT, LTE-M, environmental sensing, and M-IoT
Locations
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Primary
3264 Lake Shore Blvd West
Toronto, Ontario M8V 1M4, CA
Employees at BeWhere
Updates
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BeWhere reposted this
Real-time data tracking that makes a difference. Watch our quickfire interview with BeWhere and learn how their #tech is changing the #IoT game! 🚀🎥 https://lnkd.in/g5fdeRXB #IoTTracking #SmartConnectivity #Connectivity #IoTSolutions
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BeWhere reposted this
We are thrilled to announce the release of our latest whitepaper: "Smart Logistics 2025: Designing Integrated 5G and Satellite Solutions for Global Asset Tracking" during #MWC25, last week! This comprehensive study delves into the transformative integration of #5G and #satellite technologies, revolutionising global asset tracking with unmatched coverage, reliability, and cost-effectiveness. These advancements are pivotal for industries managing intricate supply chains, enabling real-time monitoring of assets—including location, temperature, handling conditions, and inventory status—crucial for operational excellence. Discover how next-generation tracking solutions are enhancing efficiency across sectors such as transportation and remote industries. To explore the full insights, download the whitepaper here: https://lnkd.in/ePnbHBHd BeWhere #SmartLogistics #SatelliteTechnology #AssetTracking #Innovation
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BeWhere reposted this
BeWhere co-authored the GSMA Foundry whitepaper discussing how Non-Terrestrial Networks (#NTN) will change #5G cellular IoT as it enables global coverage for end-use applications like logistics. #5G #SatelliteIoT #AssetTracking IoT Now
What’s the benefit of integrating #5G and satellite technologies for IoT Asset Tracking? 🗺️ unprecedented global coverage 💪 increased reliability 💰 greater cost-effectiveness Download Here! https://buff.ly/c8fWshv GSMA
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📢 Exciting news! BeWhere has partnered with GISCAD (Barbados) Limited to deliver advanced asset tracking solutions across the Caribbean! Our new 'LTE Cat1 Bis' based BeSol+ and BeWired+ devices now bring reliable asset tracking to markets where Low-Power 5G networks aren't yet available. This collaboration leverages GISCAD Limited's extensive regional footprint spanning 29 territories in the Caribbean and Latin America. 🔍 Why this matters: ✅ Fills a critical gap in regional asset tracking capabilities ✅Works with existing infrastructure - no upgrades needed ✅Provides extended battery life and comprehensive tracking features ✅Initially targeting shipping, logistics, and high-value asset tracking As our CTO Alban Hoxha explains: "What makes LTE Cat 1bis technology particularly valuable for Caribbean businesses is its ability to operate efficiently on existing LTE networks, providing broad coverage and roaming capabilities without requiring new infrastructure investments." "Responsive product development is a key part of our company's strategy of and commitment to innovation" noted 🔋Brian Boychuk, SVP of Sales and Marketing. Learn more about how this strategic partnership addresses the growing demand for reliable, feature-rich, cost-effective asset-tracking solutions by clicking the link below! #IoT #AssetTracking #GISCAD #Caribbean #Innovation #BeWherevolution https://bit.ly/3DjGUBQ
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BeWhere reposted this
For followers at #MWC25 at the moment On Day 3 will be on stage at the following sessions: 1) IoT market trends GSMA Intelligence talk at the 5G IoT Summit in Hall 8 Theatre 4 at 9:30am + Make sure you get a copy of recent GSMA Foundry and BeWhere work on asset tracking with integrated 5G and satellite (see pics) also includes our GSMA Intelligence stats 🛰️ 2) Smart mobility Summit Building the infrastructure behind modern mobility panel with Viasat, Wind River, 5GAA, NTT Data and ZTE at the Connected Industries stage in Hall 4 (open space) at 10am 🚙🚝 3) Global 5G Alliances Summit APAC presentation about enterprise market (global + APAC focus) in CC8.16 Hall 8.1 at 2pm
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🚀 A Memorable Moment at Geotab Connect 2025! 🚀 We were delighted to have Paul Christie, BeWhere's Chair, join us at Geotab Connect 2025 last week for this extraordinary event. Paul is an outstanding brand ambassador—keeping us all engaged and smiling throughout! His snapshot captures Owen Moore, 🔋Brian Boychuk, and Margaux Berry deep in conversation with Reseller Partners, discussing how our #4thGeneration #LowPower5G asset trackers played a key role in BeWhere's remarkable 2024 results. And that we’re just getting started—exciting product releases are on the horizon this year! 🎉 A special milestone: BeWhere was honored for 10 years in the Geotab Marketplace! We’re incredibly proud of this journey and look forward to continuing to grow alongside our #Partners in the Geotab ecosystem. Onward and upward! 🚀 #GeotabConnect #IoT #5G #Innovation #AssetTracking #Partnerships #BeWherevolution
It’s a great day for BeWhere Inc. at Geotab Connect in Orlando. I’m finding that our customers are our greatest advocates.
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BeWhere reposted this
It’s a great day for BeWhere Inc. at Geotab Connect in Orlando. I’m finding that our customers are our greatest advocates.
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It’s a beautiful day in #Orlando and BeWhere is ready to welcome you for the first show day of Geotab #Connect2025! Come by to meet with our tracking solutions experts Margaux Berry, 🔋Brian Boychuk and Owen Moore 🎯 Find us Booth C15, right in the #transportation and #logistics corner of #ParcificHall at the Walt Disney Dolphin and Swan Resort. #letsconnect #AssetTracking #BeWherevolution
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BeWhere & GSMA Unveil Game-Changing 5G-Satellite IoT Whitepaper 📜 The future of Smart Logistics is here! Our latest whitepaper, co-authored with GSMA Foundry, explores how 5G-Satellite IoT integration is unlocking a $10B global asset tracking market. 🔹 Up to 75% of the world has lacked reliable connectivity for asset tracking—until now! 🔹 By 2030, 2-3 billion IoT devices will be satellite-ready. 🔹 Next-gen tracking devices intelligently switch between 5G, satellite, LTE-M, Wi-Fi, and more for seamless global coverage. 🔹 AI-powered analytics optimize supply chains, reducing costs and improving efficiency. 📥 Download the full whitepaper and explore the future of IoT-enabled Smart Logistics here: https://lnkd.in/eAbZYae2 #5G #SatelliteIoT #SmartLogistics #IoT #BeWhere #GSMA #SupplyChainInnovation