BeWhere Holdings (BEW) AI Stock Analysis

• Market Cap: C$78.00M
• Dividend Yield: N/A
• Average Volume (3M): 36.66K
• Price to Earnings (P/E): 131.3
• Beta (1Y): 1.01
• Revenue Growth: 41.67%
• EPS Growth: -23.86%
• Country: CA
• Employees: 10
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Communication Equipment
• EPS (TTM): N/A
• Shares Outstanding: 88,639,000
• 10 Day Avg. Volume: 39,037
• 30 Day Avg. Volume: 36,665
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• 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: C$1.00
• Price Target Upside: 16.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: C$1.00 ▲(16.28%Upside)

BeWhere Holdings demonstrates strong operational performance and strategic growth through innovative partnerships and financial strategies. However, high valuation metrics and cash flow issues present potential risks. Technical indicators suggest positive market momentum, adding to the stock's appeal.

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 shows strong revenue growth and improving profit margins, reflecting robust operational performance. The balance sheet is solid with low debt levels, ensuring financial stability. However, negative operating cash flow indicates potential cash management issues.

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
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

BeWhere Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BEW, the sentiment is Positive. The current price of 0.86 is above the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.78, and above the 200-day MA of 0.73, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 65.59 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BEW.

BeWhere Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEW	72 Outperform	C$78.00M	131.34	7.04%	―	41.67%	-23.86%
VCM	68 Neutral	C$260.41M	70.41	1.61%	2.05%	9.13%	-77.24%
Sector *	57 Neutral	HK$25.34B	4.18	-2.03%	5.87%	-0.23%	-68.02%
BYL	51 Neutral	C$40.92M	―	275.12%	―	―	―
CMI	46 Neutral	C$40.57M	24.42	-5.22%	5.21%	-41.82%	-149.06%
LTE	41 Neutral	C$6.73M	―		―	30.25%	67.07%
YFI	35 Underperform	C$15.46M	―	7.60%	―	-100.00%	―

BeWhere Holdings Corporate Events

BeWhere Holdings Enhances Logistics with IoT Tracking Solutions

BeWhere Holdings Inc. announced a new case study featuring California Freight, which has integrated BeWhere’s solar-powered asset trackers across its fleet to enhance real-time tracking and operational efficiency. This collaboration highlights the increasing adoption of scalable IoT solutions in logistics, with California Freight benefiting from improved asset visibility, compliance support, and operational responsiveness. The partnership has led to a three-year leasing agreement for further expansion, showcasing BeWhere’s impact on modernizing logistics operations.

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.