Beam Global reports FY25 EPS ($1.61) vs. (77c) last year

Reports FY25 revenue $28.2M vs. $49.3M last year. “2025 was a year of significant expansion for Beam Global (BEEM) with the opening of Beam Middle East, the deployment of new products and business models and a significant shift in our sales balance away from U.S. government sales to commercial and international opportunities,” said Desmond Wheatley, CEO of Beam Global. “While in previous years our revenues were derived almost entirely from EV ARC(TM) sales to government entities, with the U.S. federal government being our largest customer, the new administration’s reversal of EV and renewable energy adoption has meant that we have continued our product and geographic diversification with even more vigor. Our technologies and patented products have been enthusiastically adopted by drone companies, corporations, international governments, militaries, oil and gas and a whole host of other organizations in 20 U.S. states and multiple nations in Europe and the Middle East. Our new patented autonomous vehicle charging technology has, in my opinion, the ability to be transformative for us as does our expansion into smart cities infrastructure and drone and robotics markets. The Middle East, while challenging at the moment, provides us with significant new opportunities for growth across our product portfolio and, as a gateway and launchpad for Africa, it is even more important to us. 2025 was a year in which we have truly expanded from being a solar-powered EV charging infrastructure company to being an integrated, international, innovative energy product company focusing on battery storage and energy security, smart cities infrastructure and the electrification of all modes of transportation and mobility. As we go into 2026, we are actively selling a diverse set of incredibly relevant products into global markets, creating opportunities which we have never had before. At the same time, we maintain our financial discipline with a reduction in noncash operating costs; we remain debt free and we have improved our gross margins. As we return to larger sales volumes from more a diverse customer base, we expect that our business will not only be stronger financially but also much more robust and dynamic in today’s rapidly changing economy.”