BeWhere Q2 FY26 swings to comprehensive net income of $652,241; revenue drops 9% to $5 million
Reuters2026/08/20 12:11- BeWhere posted comprehensive net income of CAD 652,241 for Q2 fiscal 2026, returning to profit from a year-ago loss.
- Revenue fell 9% to CAD 5 million, while gross profit jumped 53% to a record CAD 2.2 million.
- EBITDA more than doubled to a record CAD 844,566, lifting the EBITDA margin to 16.9%.
- Recurring revenue rose 27% to CAD 2.55 million; annual recurring revenue climbed 46% to just over CAD 12 million.
- Management cited a favorable sales mix, while cash and cash equivalents ended at CAD 9.14 million following the SecureQuip acquisition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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