BeWhere Holdings (BEW) AI Stock Analysis

• Market Cap: C$66.37M
• Dividend Yield: N/A
• Average Volume (3M): 26.04K
• Price to Earnings (P/E): 111.9
• Beta (1Y): 0.72
• Revenue Growth: 41.67%
• EPS Growth: -23.86%
• Country: CA
• Employees: 10
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Communication Equipment
• EPS (TTM): N/A
• Shares Outstanding: 88,489,000
• 10 Day Avg. Volume: 23,510
• 30 Day Avg. Volume: 26,038
• PEG Ratio: 0.48
• Price to Book (P/B): 3.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: C$1.00 ▲(33.33%Upside)

BeWhere Holdings is demonstrating strong financial performance with robust revenue growth and operational efficiency. Despite a high P/E ratio suggesting overvaluation, the company's strategic initiatives and solid technical indicators contribute positively to its outlook.

BeWhere Holdings Business Overview & Revenue Model

Company Description

BeWhere Holdings Inc. is a Canadian-based Internet of Things (IoT) solutions company that specializes in the development and commercialization of real-time monitoring systems. The company provides innovative hardware with sensors that track environmental conditions, asset locations, and status, predominantly serving sectors such as transportation, construction, logistics, and agriculture.

How the Company Makes Money

BeWhere Holdings generates revenue primarily through the sale of its IoT hardware devices and the subscription-based services associated with their use. The company offers GPS tracking and environmental sensor solutions that require ongoing service fees for data and monitoring services. Additionally, BeWhere forms strategic partnerships with other technology and telecommunication companies to enhance its product offerings and expand its customer base, which further contributes to its revenue streams.

BeWhere Holdings Financial Statement Overview

Summary

BeWhere Holdings demonstrates strong revenue growth and improving margins, supported by a solid balance sheet with low debt levels. However, cash flow challenges, due to negative operating and free cash flows, require attention to sustain long-term growth.

Income Statement

BeWhere Holdings has demonstrated strong revenue growth with a 45.4% increase in 2024, up from 20.2% in 2023. The gross profit margin stands at 20.97%, indicating solid profitability, while the net profit margin improved to 4.64%. EBIT and EBITDA margins are healthy at 9.97% and 9.88% respectively, showcasing operational efficiency.

Balance Sheet

The company shows a robust equity ratio of 69.7%, reflecting strong financial stability. The debt-to-equity ratio is low at 0.035, suggesting minimal leverage risk. Return on equity is 9.51%, indicating effective use of equity to generate profits, although there is room for improvement.

Cash Flow

Cash flow analysis reveals a decline in operating cash flow, with a negative value of -559,742, impacting the free cash flow, which also turned negative. The free cash flow to net income ratio is concerning, highlighting potential cash management issues despite prior positive trends.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.53M	12.05M	10.03M	8.54M	7.04M
Gross Profit	5.83M	4.63M	3.55M	2.29M	1.66M
EBITDA	1.73M	1.27M	986.03K	761.42K	-1.60M
Net Income	814.05K	554.63K	2.08M	416.52K	-1.97M
Balance Sheet
Total Assets	12.28M	9.77M	8.71M	5.66M	5.64M
Cash, Cash Equivalents and Short-Term Investments	4.46M	4.63M	3.23M	2.56M	2.47M
Total Debt	728.27K	805.69K	742.72K	34.71K	23.92K
Total Liabilities	3.72M	2.60M	2.06M	1.07M	1.60M
Stockholders Equity	8.56M	7.17M	6.65M	4.58M	4.04M
Cash Flow
Free Cash Flow	-573.39K	1.47M	606.22K	-4.06K	34.37K
Operating Cash Flow	-559.74K	1.48M	640.16K	690.08K	840.20K
Investing Cash Flow	-13.65K	-10.63K	-33.94K	-694.14K	-805.84K
Financing Cash Flow	-127.16K	-68.10K	62.13K	96.11K	40.00K

BeWhere Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BEW, the sentiment is Neutral. The current price of 0.75 is below the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.72, and above the 200-day MA of 0.71, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.77 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BEW.

BeWhere Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEW	77 Outperform	C$66.37M	111.94	7.04%	―	41.67%	-23.86%
Sector *	61 Neutral	C$5.16B	10.92	18.94%	4.26%	5.08%	6.52%
VCM	60 Neutral	C$217.62M	58.84	1.61%	3.38%	9.13%	-77.24%
BYL	49 Neutral	C$39.41M	―	275.12%	―	―	―
CMI	46 Neutral	C$44.37M	24.42	-4.55%	4.76%	-41.82%	-149.06%
LTE	41 Neutral	C$6.73M	―		―	30.25%	67.07%
YFI	35 Underperform	C$13.08M	―	7.60%	―	-100.00%	―

BeWhere Holdings Corporate Events

BeWhere and HGlobal Revolutionize Emergency Services with 5G Asset Tracking

BeWhere Holdings Inc. has partnered with HGlobal to enhance emergency services in North America by deploying the BeMini 5G tracker for real-time equipment tracking. This collaboration has led to significant cost savings and improved operational efficiency, particularly in paramedic services, by preventing the loss of high-value equipment. The initiative underscores the importance of IoT technology in public safety and resource management, with BeWhere committed to expanding its scalable solutions to meet the needs of essential services.

BeWhere Holdings Announces Share Repurchase Plan

BeWhere Holdings Inc. has announced its intention to repurchase up to 5% of its issued and outstanding common shares over the next 12 months through a Normal Course Issuer Bid. The company believes the current market price undervalues its shares and sees this repurchase as an appropriate use of funds. The repurchase will be conducted through open market transactions on the TSX Venture Exchange, with all acquired shares being cancelled. This move is subject to regulatory approval and reflects the company’s confidence in its market value and financial strategy.

BeWhere Holdings Reports Strong Q1 2025 Results Amid Trade Challenges

BeWhere Holdings Inc. reported a strong financial performance for the first quarter of 2025, with a 20% increase in revenue and a 49% rise in net income despite facing U.S.-Canadian trade issues. The company achieved an all-time high cash position of $5.76 million, driven by operating activities, and improved its gross profit by 19%. These results underscore BeWhere’s resilience and strategic positioning in the M-IoT industry, enhancing its capabilities to address macro-economic and geopolitical factors.

BeWhere Holdings Reports Strong Fiscal Year 2024 Results

BeWhere Holdings Inc. reported a significant financial performance for the fiscal year ending December 31, 2024, with a 45% increase in total revenue and a 36% rise in recurring revenue, leading to record income before taxes. The company also achieved a record-high annual gross profit and maintained a strong working capital position while investing in research and development. These results underscore BeWhere’s commitment to innovation and its strategic positioning in the M-IoT industry, which could enhance its market competitiveness and stakeholder value.