Last C$1.85 CAD
Change Today -0.02 / -1.07%
Volume 695.0
WEW On Other Exchanges
As of 3:59 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

webtech wireless inc (WEW) Snapshot

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52 Week High
03/31/14 - C$2.30
52 Week Low
10/9/13 - C$1.65
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webtech wireless inc (WEW) Details

Webtech Wireless Inc. provides fleet intelligence solutions and location-based services worldwide. The company offers InterFleet, an Internet-based global positioning system/automatic vehicle location (AVL) fleet management solution, such as snowplows, ambulances, and waste management vehicles; and Quadrant, a private sector solution to enhance the management, risk, and real-time operation of vehicle fleet. It also provides fleet management services comprising mobile computing, digital forms/reporting, invoicing, city search, and data collection; and winter maintenance services, such as detailed tracking of de-ice and traction materials road application for government fleet expense and material management, environmental compliance, and contractor management. In addition, the company offers location based services, including navigation, AVL/tracking, localized Internet, traffic reporting, proximity advertising, Geofencing, and vehicle monitoring; and Telematics for the planet, a measurement and reporting system, which enables users and enterprises to measure, monitor, and report carbon emissions. Further, it provides safety and security services comprising monitoring the transport of hazardous material, anti-theft, vehicle recovery, air-bag deployment notification, remote door lock/unlock, and remote vehicle diagnostics; connectivity services, such as dispatch, voice/cellular, data, messaging, and peripherals; and drivers logs and other measures required for hours of service regulations, automated reporting in regulatory formats, driver and other alerts, and trip recorder. Additionally, the company offers professional services, including software customization, route configuration, training, and installation. It serves emergency services, government, oil and gas, service fleets, transportation, utilities, waste management, winter fleet, and cranes and heavy equipment industries. The company was founded in 1999 and is headquartered in Burnaby, Canada.

144.5 Employees
Last Reported Date: 03/26/14
Founded in 1999

webtech wireless inc (WEW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$300.0K
Chief Financial Officer
Total Annual Compensation: C$137.5K
Chief Operating Officer
Total Annual Compensation: C$250.0K
Compensation as of Fiscal Year 2013.

webtech wireless inc (WEW) Key Developments

Webtech Wireless Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Webtech Wireless Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net loss of CAD 1.6 million or CAD 0.08 per share compared to a net income of CAD 1.0 million or CAD 0.05 per share in last year. Revenue was CAD 7.0 million in the quarter compared to CAD 8.1 million in the prior comparable period. LBITDA was CAD 49,000 compared to EBITDA CAD 576,000 for the last year. For the six months, net loss of CAD 1.9 million or CAD 0.09 per share compared to net income of CAD 0.9 million or CAD 0.04 per share in the prior comparable period. Revenue was CAD 13.7 million compared to CAD 15.5 million and LBITDA was CAD 0.5 million compared to EBITDA CAD 0.5 million for the last year.

Webtech Wireless Mulls Acquisitions

Webtech Wireless Inc. (TSX:WEW) is looking for acquisitions. Webtech Wireless Inc. stated that Webtech Wireless Inc.'s focus continues to be on the acquisition and retention of high margin recurring revenue and the development of a Software as a Service model.

Webtech Wireless Inc. Announces Distribution Agreement for Webtech Fleet Center(TM) and Webtech Driver Center(TM)

Webtech Wireless Inc. announced that its Software as a Service platform, Webtech Fleet Center(TM), and its in-cab Webtech Driver Center(TM) fleet management solution will be rebranded as White Label solutions by its long time Fortune 100 US wireless carrier distribution partner. Webtech Wireless has had a distribution arrangement in place with this carrier since 2007 and this new White Label initiative is being rolled out as an extension of that relationship. Webtech Wireless Fleet Center is an end-to-end solution, producing high-value intelligent fleet management data that enhances operational efficiencies. As a powerful set of management tools, Webtech Fleet Center delivers business intelligence through advanced reporting capabilities, dashboards and much more, to optimize fleet operations, increase productivity and reduce costs for both commercial and government fleets. Webtech Driver Center is an Hours of Service (HOS) software application powered by Webtech Fleet Center. Operating on the Android platform, Webtech Driver Center helps drivers remain compliant, increase safety and improve efficiency. The software application is available on two ruggedized in-cab devices and selected Android tablets. It is a feature rich solution that offers electronic logging (ELD) electronic driver vehicle inspection reports (eDVIR), electronic forms, 2-way messaging and easily integrates with third party dispatch software.


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Price/Sales 1.3x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x

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