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BeWhere Holdings Inc. Reports First Quarter 2022 Results

BeWhere Holdings Inc. Reports First Quarter 2022 Results

BeWhere Holdings Inc.公布2022年第一季度业绩
newsfile ·  2022/05/16 08:48

Toronto, Ontario--(Newsfile Corp. - May 16, 2022) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a Mobile Internet of Things (M-IoT) company, is pleased to announce its financial results for three months ended March 31, 2022.

安大略省多伦多-(Newsfile Corp.-2022年5月16日)-BeWhere(TSXV:BEW)(OTCQB:BEWFF)(“BeWhere”或“公司”),一部手机物联网(M-IoT)公司很高兴宣布其截至2022年3月31日的三个月的财务业绩。

Owen Moore, CEO and Co-Founder stated, "The Company progressed well during the quarter having achieved record Q1 revenue and income". He further noted "the company's cash position during the quarter increased substantially to $2,999,364, as it generated $465,859 from operating activities."

首席执行官兼联合创始人欧文·摩尔表示:“公司在本季度取得了良好的发展,实现了创纪录的第一季度收入。”他进一步指出,“公司的现金状况在本季度大幅增加到2999,364美元,因为它从经营活动中获得了465,859美元。”

Chris Panczuk, COO and Co-Founder stated, "We are pleased with the results as the company managed to record revenue despite Covid related shutdown in China". He further noted "we remain focused on maintaining healthy gross profit on our products."

首席运营官兼联合创始人克里斯·潘克祖克表示:“我们对业绩感到满意,因为尽管Covid在中国关闭了相关业务,但该公司仍成功实现了营收。”他进一步指出,“我们仍然专注于维持我们产品的健康毛利。”

First Quarter 2022 Highlights

2022年第一季度亮点

  • Total Revenue increased by 37% year over year - Total Revenue for the three months ended March 31, 2022, was $2,366,835 compared to $1,730,450 for the same period in 2021: an increase of $636,385.
  • 总收入同比增长37%-截至2022年3月31日的三个月,总收入为2,366,835美元,而2021年同期为1,730,450美元:增加了636,385美元。
  • Recurring Revenue increased by 10% year over year - Recurring Revenue for the three months ended March 31, 2022, was $811,939 compared to $737,764 for the same period in 2021: an increase of $74,175.
  • 经常性收入同比增长10%-截至2022年3月31日的三个月的经常性收入为811,939美元,而2021年同期为737,764美元:增加了74,175美元。
  • Gross Profit increased by 70% year over year - Gross profit for the three months ended March 31, 2022, was $736,981 compared to $434,110 for the same period in 2021: an improvement of $302,871.
  • 毛利润同比增长70%-截至2022年3月31日的三个月,毛利润为736,981美元,而2021年同期为434,110美元:增加了302,871美元。
  • Net operating income increased by 145% year over year - The Company recorded net operating income for the three months ended March 31, 2022, was $16,162 compared to Loss of $35,689 for the same period in 2021: an increase of $51,851.
  • 净营业收入同比增长145%-截至2022年3月31日的三个月,该公司录得净营业收入为16,162美元,而2021年同期为亏损35,689美元:增加了51,851美元。
  • Research and development - The Company, for the first time, expensed one hundred percent of Research and development ($122,255) for its next generation M-IoT device in the first quarter.
  • 研发-该公司第一季度首次将100%的研发费用(122,255美元)用于其下一代M-IoT设备。
  • Adjusted EBITDA (non-IFRS measure) - Adjusted EBITDA for the three months ended March 31, 2022, was $139,709 compared to $72,940 for the same period in 2021, an improvement of $66,769 or 92%.
  • 调整后的EBITDA(非国际财务报告准则衡量标准) -截至2022年3月31日的三个月,调整后的EBITDA为139,709美元,而2021年同期为72,940美元,增长66,769美元或92%。
  • Funding - The Company was approved for an interest free subordinate loan of $500,000 for 'Business Scale Up Initiative'. The funds are expected to be received over the next eight quarters. The repayment will be in sixty equal monthly installments starting January 2025.
  • 资金来源-本公司获批一笔500,000美元的免息次级贷款,用于“业务扩展计划”。这笔资金预计将在未来八个季度收到。从2025年1月开始,这笔钱将按月分60次偿还。
Three months ended March 31
2021 2020
Total Revenue 2,366,835 1,730,450
Gross profit 736,981 434,110
Net profit (loss) before Impairment 16,162 (35,689)
EPS - basic 0.00 (0.00)
截至3月31日的三个月
2021 2020
总收入 2,366,835 1,730,450
毛利 736,981 434,110
减值前净利润(亏损) 16,162 (35,689)
EPS-基础版 0.00 (0.00)

Non-IFRS Measures

非国际财务报告准则计量

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 March 31, 2022. 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).

经调整的EBITDA是一项非国际财务报告准则衡量指标,并不具有标准化意义,因为它涉及业绩衡量指标,可能无法与其他发行人披露的类似业绩衡量指标相比较。本公司在管理层的讨论和分析中提供了调整后EBITDA与国际财务报告准则利润(亏损)的对账,截至2022年3月31日。调整后的EBITDA被定义为扣除利息收入、税项、折旧和摊销、基于股份的薪酬和其他非经常性损益之前的收益。管理层认为,调整后的EBITDA是一项有用的衡量标准,有助于进行期间间的经营比较。调整后的EBITDA不应被视为优于国际财务报告准则净收益(亏损)。

About BeWhere

关于BeWhere

BeWhere (TSXV: BEW) (OTCQB: BEWFF) is a Mobile Internet of Things ("M-IoT") solutions company that designs and sells self-powered hardware with sensors and software applications. Our solutions serve two main markets: (1) Asset Tracking, consisting of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans etc., and (2) Connected Sensors, to remotely track information on assets for water pressure, water detection and soil moisture. BeWhere's devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms, at a much lower cost than traditional cellular networks. BeWhere also offer solutions that can be fully integrated with existing software, and white-labeled. BeWhere' solutions are cutting edge, offering low-cost sophisticated technology which allows customers to deploy remote tracking technology where cost was previously prohibitive.

BeWhere(多伦多证券交易所股票代码:BEW)(OTCQB:BEWFF)是一家移动物联网(“M-IoT”)解决方案公司,设计和销售带有传感器和软件应用程序的自供电硬件。我们的解决方案服务于两个主要市场:(1)资产跟踪,包括远程位置跟踪各种非动力固定资产和移动资产,如拖车、干货车等,以及(2)连接的传感器,用于远程跟踪有关资产的水压、水分检测和土壤水分信息。Where的设备使用最新的可用的蜂窝技术(LTE-M和NB-IoT)将收集的数据传输到移动应用和基于云的平台,成本比传统蜂窝网络低得多。Bewhere还提供可以与现有软件完全集成并贴上白标的解决方案。BeWhere的解决方案是尖端的,提供低成本的复杂技术,允许客户在以前成本高得令人望而却步的地方部署远程跟踪技术。

Follow BeWhere on LinkedIn, Facebook, Twitter, Instagram and YouTube

在LinkedIn、Facebook、Twitter、Instagram和YouTube上关注BeWhere

CONTACT INFORMATION
BeWhere Inc.
Margaux Berry, VP Strategy and Growth
1 (844) 229-4373 x 107
info@bewhere.com

联系信息
BeWhere Inc.
Margux Berry,战略与增长副总裁
1 (844) 229-4373 x 107
邮箱:Info@bewhere.com

Cautionary Statements Regarding Forward-Looking Information

关于前瞻性信息的警告性声明

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".

根据适用的证券法,本新闻稿中的某些陈述属于前瞻性陈述。所有非历史事实的陈述,包括但不限于有关未来估计、计划、计划、预测、预测、目标、假设、预期或对未来表现的信念的陈述,均为“前瞻性陈述”。

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.

我们提醒您,此类“前瞻性陈述”涉及已知和未知的风险和不确定性,可能导致实际和未来事件与此类陈述中预期的大不相同。

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.

前瞻性表述包括但不限于与商业运营有关的表述,包括技术发展、预期收入、预计市场规模,以及基于对未来业绩的预测、对尚不确定的数额的估计以及对管理层的假设的其他信息。

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.

BeWhere Holdings Inc.(The“The”公司)不打算也不承担任何义务更新这些前瞻性表述,除非法律要求。这些前瞻性表述涉及风险和不确定因素,除其他外,涉及技术开发和营销活动、公司在技术开发方面的历史经验、未担保的风险。实际结果可能与这些前瞻性表述明示或暗示的内容大不相同。

The Company's Unaudited Interim Consolidated Financial Statements for the period ended March 31, 2022 and 2021, together with its corresponding Management's discussion and analysis can be found under the Company's profile on SEDAR at and on the Company's website at .

本公司截至2022年及2021年3月31日止期间的未经审计中期综合财务报表,连同管理层的讨论及分析,载于本公司SEDAR简介及本公司网站:。

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.

多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。

To view the source version of this press release, please visit

要查看本新闻稿的源版本,请访问

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