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Earnings

BeWhere Holdings Inc. Reports Third Quarter 2025 Fiscal Results

By The Northwire Desk — AI Analysis Nov 26, 2025 · 08:33 BEW · 0.78 BeWhere Holdings Inc.
BEW · Price

Executive Summary

  • BeWhere reported record Q3 2025 revenue of $6.08 M, up 21% YoY.
  • Adjusted EBITDA reached $0.80 M, a 21% increase year‑over‑year, with Gross Profit up 42%.
  • Net income rose 38% to $462,662, reflecting strong top‑line growth and improved margins.

Key Details

  • Revenue: $6,080,984 for the three months ended Sep 30 2025 vs. $5,030,356 in Q3 2024 (+21%).
  • Recurring Revenue: $2,057,047 vs. $1,717,274 YoY (+20%).
  • Annual Recurring Revenue (ARR): Approximately $8.6 M vs. $7.1 M YoY (+21%).
  • Gross Profit: $2,023,442 vs. $1,422,142 in Q3 2024 (+42%).
  • Adjusted EBITDA: $802,880 vs. $665,450 in Q3 2024 (+21%).
  • Net Income: $462,662 vs. $334,590 in Q3 2024 (+38%).
  • Margin Improvements: Gross profit margin and adjusted EBITDA margin improved due to revised supply‑chain initiatives.
  • Management Commentary: CEO Owen Moore highlighted record product sales and ARR growth; COO Chris Panczuk emphasized margin expansion and supply‑chain efficiencies.

Notable Quotes

“This quarter showcases the strength of our execution, the torque in our business model and an unrelenting drive to disrupt the asset tracking and inventory management markets…” – Owen Moore, CEO & Co‑Founder

“In addition to record top‑line performance, our team delivered record Quarterly Adjusted EBITDA… aided by revised supply chain initiatives.” – Chris Panczuk, COO & Co‑Founder

Read the original news release →

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Other