Added to YB: 2024-08-28
Pitch date: 2024-08-27
BEW.V [neutral]
BeWhere Holdings Inc.
+36.23%
current return
Author Info
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Company Info
BeWhere Holdings Inc., an industrial Internet of Things (IIoT) solutions company, designs, manufactures, and sells hardware with sensors and software applications to track real-time information on equipment, tools, and inventory in-transit and at facilities.
Market Cap
CAD 77.7M
Pitch Price
CAD 0.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.77
P/E
110.08
EV/Sales
3.62
Sector
Software
Category
growth
BeWhere Holdings ($BEW.V) FINS Review
BEW.V (potentially overvalued): Q2 rev +40% YoY to $4.3M, net income +380% to $388k. Strong balance sheet w/ $4.8M cash. 32.6% margins, down 220bps. TTM rev ~$14M, trending to $16-18M. Valuation concern: $65M mkt cap, EV/EBITDA 35x, P/E 50x+. Solid financials but potentially overvalued.
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