Added to YB: 2026-06-02
Pitch date: 2026-05-29
BEW.V [neutral]
BeWhere Holdings Inc.
Author Info
No bio for this author
Company Info
BeWhere Holdings Inc. operates as an industrial Internet of Things solutions company. The company offers real-time information on equipment, tools, and inventory in-transit and at facilities serving the emergency service, construction, utility, and transportation industries; and designs and sells beacons; and develops mobile applications, middleware, and cloud-based solutions.
Market Cap
CAD 78.7M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.10
P/E
72.91
EV/Sales
3.17
Sector
Software
Category
growth
BeWhere Holdings (TSXV: BEW.V) — Q1 2026 Thesis Check-In
BEW.V (holding update): Q1 2026 thesis check-in: gross margin hit record 45.5% (vs ~33%), clearing 40% bar as recurring rev hit 52% of mix—the exact trigger author called. Adj EBITDA +96%, net income +19%, ~$9.6M cash, no debt. Risks: rev growth cooled to 12% (vs 20-45%); $5M raise as M&A war chest ('Vision 20/20 Plus': $20M+ recurring rev, 20% margins by 2028)—capital discipline key. Long-term hold but not chasing as good news priced in.
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