The Financials for both Q4-23 and year-end 2023 are now available. We're excited to report that Q4 KPI's demonstrate remarkable improvements with a 41% increase in total revenue and a 12% EBITDA margin📈. Furthermore, our audited YE 2023 results demonstrate excellent growth, with a 20% increase in total revenue and a 31% increase in recurring revenue, which resulted in a record pre-tax income of $828,902. Additionally, our gross profit increased by 31% to a record high of $4,633,361 🚀 . Despite strong investments in R&D🔬, we managed to keep our operating expenses under control. Read the full release here: https://lnkd.in/eA5jdhRy #managedgrowth #success #bewherevolution
BeWhere
Technology, Information and Internet
Toronto, Ontario 1,632 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. It focuses 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 connected logistics and work fleets as well as smart cities, smart agriculture, and industry. 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
Engaging in a little backyard science🔬fun with the kids on "eclipse day" 🌘was an enlightening experience! Using BeWhere's #MobileIoT technology, we set up a few #BeMini devices (top middle picture) to report data 'every minute' from 2 pm EST to 4 pm EST, capturing the fascinating changes in light levels and temperature leading up to totality. Initially, the sky was partly cloudy 🌥 (allowing eclipse picture top far right - taken through eclipse glasses 🕶️). As the afternoon progressed, the sky became overcast ☁(picture far left). Despite the cloud cover, we observed a remarkable shift in both light levels and temperature over the observation period. Early on, slight temperature variations 🌡️ were noted as the sun intermittently peeked through the clouds before being completely obscured. The temperature drop peaked just after totality, a change exaggerated by the placement of our sensors on the garage roof. Similarly, fluctuations in light levels were observed as the sun played hide-and-seek with the passing clouds. However, as totality approached, light levels receded to zero📉, marking a striking moment of darkness🌑. The insights gained from our backyard experiment underscore the invaluable role of #SensorData and #AssetTrackers in monitoring conditions, whether it's for ensuring performance requirements or diagnosing potential issues. ☀ Our experience proves that such data validates a hypothesis. It also demonstrates what a 'bring-your-kid-to-work' day looks like in #WFH. 🚀🔍 #BackyardScience #5G #EclipseObservation #LowPower5G
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#InTheNews We are excited and honoured to share Bell's latest #casestudy featuring Musket Transport Ltd.! Precise #tracking of #trucks and #trailers is #crucial for Musket Transport's operations, cargo security, and driver safety. Their previous 3G tracking solution had limitations, causing dead zones and hindering real-time decision making. To solve this issue, Director of Operations and General Manager Jaime Rosa turned to trusted partner Bell for their fleet management solution. By including BeWhere's asset trackers in over 640 trailers as part of the #fleetmanagement in a #singlepaneofglass solution, Musket overall reduced empty miles, a major cost for trucking companies, from 7% to a goal of 3-5%, leading to increased efficiency and revenue; as well as on-time deliveries and driver safety. Read the full case study here: https://lnkd.in/gT7-Y586
Bell – BeWhere Case Study: Delivering full visibility for Musket Transport
https://bewhere.com
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Congratulations to this year's GSMA and BeWhere #IoT demo's winners of the #agility and #sparring contest. We hope you enjoyed measuring your #impacts #Gforce via our #LTEM #sensors equipped #BMS training machine, while getting a #sensational video memory thanks to our 4DREPLAY team! Oscar García Huelmo Helena Ortiz Gil Felix Vasquez Brito (M.Sc) Jens Buysse y @Elena Hernando Canovas GSMA Foundry
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Felix Vasquez Brito (M.Sc) - you won :) please check your DMs to organize your pick up or come back to our booth before 7PM tonight.
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#MWC24 is now OPEN!! Come see us in Hall 4 and participate in our DAILY CONTEST: #iot AGILITY REPLAY Play and post your replay video on LinkedIn and tag all 3 BeWhere GSMA 4DREPLAY with a witty comment and the answer to « Which booth is the BeWhere 4D agility demo found at? » to enter a draw to win either a BLE speaker, smart skipping rope or a Fitbit! 1 prize per day. Contest ends each day at 4PM and winner will be announced by 4:30PM except Thursday which will be 3:30PM announcement and 4PM pick up. Pick up your prize at the booth before Thursday Feb 29 at 4PM. Keep checking your post until then to see if you won! Winner will be announced via a direct comment on the Winning Post.
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A little hang with Bill Edmonds and Jeff Haydon at #GeotabConnect in Las Vegas this week talking about BeWhere's 4th generation asset tracking family -- #BeTen+, #BeSol+ as well as our #BeMini -- seemlessly integrated with GEOTAB. We're coming on 4 years selling low-power #5G devices with T-Mobile and Business Mobility Partners KORE. And we've barely scratched the surface of endless opportunities. #AssetTracking #PremierePartner T-Mobile For Business #LTEM #BeWherevolution
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From our humble beginnings with low-energy Bluetooth #BLE in 2016 to our seamless transition to #LowPower5G in 2018, BeWhere has continually evolved to meet the demands of the burgeoning#assettracking market. Through our partnership with GEOTAB 🤝, we've empowered our reseller partners with opportunities to track the stuff 🚚 'on the back of vehicles'. If you consider how many objects are on the back of vehicles, it's easy to understand that the market potential is orders of magnitude larger📈. BeWhere's commitment to specialization 🔬has yielded remarkable results, culminating in the release of our #4thGeneration products in 2023 and the milestone achievement of selling our 300,000th low-power 5G device in 2024. And work is well underway on the next generation. 🚀 Join 🔋Brian Boychuk and Margaux Berry next week, where they eagerly anticipate reconnecting with familiar faces and forging new connections #GeotabConnect 2024 🎉 . #PartnerSuccess #MarketPlace #Innnovation #BeWherevolution
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#tbthursday: Trotting out this favorite throwback from our demonstration at GSMA's MWC Barcelona in 2018🌐. It's video coverage by Light Reading where the skilled Daniel T. Allen and our own Chris Panczuk discuss why our original #BeTen #LowPower5G asset tracker was mounted on an interactive punching bag demo🥊. This first illustration of #MobileIoT was set up to detect motion and then measure the count and maximum force of impacts. We're back in Barcelona from February 26th to 29th for #MWC24. We'll be in the GSMA Foundry Innovation Showcase of the GSMA Pavilion (Hall 4) with a similar exciting🥊demonstration. Don't miss out on witnessing the future of innovative tracking technology! #MobileWorldCongress #5G #IoT #Sensors #LTEM #NBIoT GSMA - Internet of Things Owen Moore Chris Panczuk🔋Brian Boychuk Alban Hoxha Margaux Berry Rajiv Khanna Paul Christie #BeWherevolution
Stepping Into the Ring With IoT
lightreading.com
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🚀 We're thrilled to be a sponsor of UNSTOPPABLE, the must-attend customer and partner event presented by Assured Telematics Inc. and Transflo! Secure your spot now at https://lnkd.in/gRc2Bn_Q for an unforgettable experience. Plus, when you register for UNSTOPPABLE, you'll also score a FREE pass to GEOTAB's Connect event in LV– it's a win-win! 📅 #AssuredTelematics #Transflo BeWhere #UNSTOPPABLE #GeotabConnect #assettracking #inventorymanagement #gpstracker
Live Music, Drinks, and Great Company Await!
connect.assuredtelematics.com