OverviewSuggest Edit

BSQUARE is an Internet of Things (IoT) solution provider, technology distributor and system integrator that supports OEMs, ODMs and Enterprises with professional development services and solutions. Bsquare provides B2B technology products and services primarily focusing on DataV, an industrial IoT software stack. Bsquare also includes hardware engineering and design, platform software development, application development, quality assurance and testing, licensing services, training and support. Bsquare provides support for all leading operating systems including Android, iOS, Linux, Microsoft Windows Embedded, RIM and webOS.

TypePublic
Founded1994
HQBellevue, US
Websitebsquare.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Dec 2018)139(-27%)
Job Openings1
Revenue (FY, 2018)$73.4 M(-9%)
Share Price (Jan 2020)$1.5

Key People/Management at Bsquare

Ralph C. Derrickson

Ralph C. Derrickson

President and CEO, Director
Chris Wheaton

Chris Wheaton

Chief Financial Officer
John Luethe

John Luethe

Vice President, Products
Steven Gottlieb

Steven Gottlieb

Vice President, Marketing
Matthew Inglis

Matthew Inglis

Vice President, Engineering
Andrew Harries

Andrew Harries

Director
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Bsquare Office Locations

Bsquare has offices in Bellevue and Trowbridge
Bellevue, US (HQ)
110 110th Ave NE #300
Trowbridge, GB
County Gate County Way
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Bsquare Financials and Metrics

Bsquare Revenue

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Bsquare's revenue was reported to be $73.41 m in FY, 2018
USD

Revenue (Q3, 2019)

14.6m

Gross profit (Q3, 2019)

2.6m

Gross profit margin (Q3, 2019), %

18%

Net income (Q3, 2019)

(1.1m)

EBIT (Q3, 2019)

(1.1m)

Market capitalization (20-Jan-2020)

19.0m

Closing stock price (20-Jan-2020)

1.5

Cash (30-Sept-2019)

6.8m

EV

12.3m
Bsquare's current market capitalization is $19 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

96.8m101.4m92.1m95.9m106.6m97.4m80.8m73.4m

Revenue growth, %

4%11%(9%)

Cost of goods sold

77.4m82.3m77.1m79.4m86.1m81.6m62.7m57.9m

Gross profit

19.4m19.1m15.0m16.5m20.5m15.8m18.1m15.5m
USDY, 2019

EV/EBIT

-10.9 x

EV/CFO

-2.5 x

Financial Leverage

2.1 x
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Bsquare Operating Metrics

Jan, 2017

Patents Pending

14
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Bsquare Revenue Breakdown

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Bsquare revenue breakdown by business segment: 84.3% from Software and 15.7% from Professional Engineering Services

Bsquare Online and Social Media Presence

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Bsquare News and Updates

Bsquare Announces Appointment of New Chief Financial Officer

BELLEVUE, Wash., Aug. 22, 2019 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR), a builder of technology that is powering the next generation of intelligent devices and the systems in which they operate, today announced the appointment of Chris Wheaton as Chief Financial Officer,...

Bsquare Reports Inducement Grant Under NASDAQ Listing Rule 5635(C)(4)

BELLEVUE, Wash., May 28, 2019 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today reports a grant of a non-qualified stock option to purchase 100,000 shares of common stock under the company's 2011 Inducement Award Plan to Mary Haggard, who joined Bsquare as its Vice President of...

Bsquare Reports First Quarter 2019 Financial Results

BELLEVUE, Wash., May 13, 2019 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today announced financial results for the first quarter of 2019. "Q1 was a difficult quarter for us," said newly-appointed Bsquare President and CEO Ralph C. Derrickson. "The DataV product initiative has not...

Bsquare Enters into Global Partner Agreement with Microsoft

BELLEVUE, Wash., March 1, 2019 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) announced today that it has entered into a Global Partner Agreement ("GPA") with Microsoft, effective March 1, 2019. The GPA, which has no fixed expiration date, allows Bsquare to sell Microsoft Windows...

Bsquare Reports Fourth Quarter and Full Year 2018 Results

BELLEVUE, Wash., Feb. 25, 2019 /PRNewswire/ -- BSQUARE Corporation (NASDAQ: BSQR) today announced financial results for the fourth quarter and full year ended December 31, 2018. "During the fourth quarter we increased our emphasis on IoT services and recalibrated our investment in DataV...

Bsquare Appoints Ralph Derrickson as President and Chief Executive Officer

BELLEVUE, Wash., Feb. 20, 2019 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) announced today the appointment of Ralph C. Derrickson as president and chief executive officer, and also to the company's board of directors, effective Monday, March 11, 2019. Mr. Derrickson is a highly...
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Bsquare Blogs

Industry Insights: Implementing IoT Solutions

In July, several Bsquare team members attended Microsoft Inspire, a partner event that brought more than 40,000 tech leaders to Las Vegas to discuss the latest innovations and advancements. We spoke with several key businesses and industry partners about the current state of IoT. We shared insights …

What’s New in Industrial IoT?

Attending Microsoft Inspire this past July was a great opportunity for the Bsquare team to connect with peers in the intelligent device space and speak with businesses across a variety of industries about how IoT helps them solve today’s challenges. We heard a lot about how security concerns are cha…

Reduce Cost using Optimal Demand Forecasting: Part 4

Welcome to Part 4 of the Demand forecasting in IIoT blog series. In this blog we will talk about what happens when the forecast over-estimates or under-estimates the actual demand. Be sure to check out parts 1, 2, and 3 in the series as well. Missing the Forecast Real-world supply chains are extreme…

Reduce Cost using Optimal Demand Forecasting: Part 3

Welcome to Part 3 of the Demand forecasting in IIoT blog series. In this blog we will talk about how to account for anomalies in demand. Accounting for Anomalies Anomalies in demand can be caused due to extraordinary operating conditions such as breakdown of a production system, scheduled turn over,…

Reduce Cost using Optimal Demand Forecasting: Part 2

Welcome to Part 2 of the demand forecasting in IIoT blog series. In this blog we will talk about the importance of utilizing sensor data to improve demand forecasting model. The blog also explores the questions to consider when choosing the appropriate sensors as the model input. Utilizing Sensor Da…

Reduce Cost using Optimal Demand Forecasting: Part 1

Are you looking to increase profits? Are you looking to reduce your operational costs? Have you wondered about the term demand forecasting and whether you should be implementing it? If you have answered yes, to any of the above questions or if you are a voracious reader looking to learn about demand…
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Bsquare Frequently Asked Questions

  • When was Bsquare founded?

    Bsquare was founded in 1994.

  • Who are Bsquare key executives?

    Bsquare's key executives are Ralph C. Derrickson, Chris Wheaton and John Luethe.

  • How many employees does Bsquare have?

    Bsquare has 139 employees.

  • What is Bsquare revenue?

    Latest Bsquare annual revenue is $73.4 m.

  • What is Bsquare revenue per employee?

    Latest Bsquare revenue per employee is $528.2 k.

  • Who are Bsquare competitors?

    Competitors of Bsquare include Opengear, Bigfinite and Ubisense.

  • Where is Bsquare headquarters?

    Bsquare headquarters is located at 110 110th Ave NE #300, Bellevue.

  • Where are Bsquare offices?

    Bsquare has offices in Bellevue and Trowbridge.

  • How many offices does Bsquare have?

    Bsquare has 2 offices.