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Beam Global (BEEM)
NASDAQ:BEEM
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 11, 2025
|% Change Since: -21.02%
|Next Earnings Date:May 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a strong year of growth and expansion for Beam Global, with record revenue and improved margins countered by challenges in federal sales and tariff impacts. Continued international expansion and new product launches offer promising future opportunities.Company Guidance
During the Beam Global Year-end 2024 Operating Results Conference Call, the company provided several key metrics and guidance for future performance. The 2024 revenues reached $49.3 million, marking a 124% increase over 2022 and a 5-year revenue CAGR of 68%. Despite a decrease from 2023's high due to order timing issues and uncertainties related to U.S. government policies, the company maintains a strong backlog of $5.6 million. Gross margins improved to 15% from 2% in 2023, with an adjusted gross margin of 21% excluding non-cash items. Operating expenses totaled $19 million, up from $17.5 million in 2023, primarily due to increased salaries and benefits from new hires. The net cash used for operating activities significantly decreased to $2.2 million, compared to $13.3 million the previous year. Beam Global's strategic expansion into Europe, the Middle East, and Africa, along with new product introductions, positions the company for continued growth despite challenges in the U.S. market. The company remains debt-free, with $4.6 million in cash and $14 million in working capital at the end of 2024, aiming for positive cash flow in 2025.Record Revenue Growth
2024 revenues reached $49.3 million, marking a 124% increase over 2022 revenues and a 5-year revenue CAGR of 68%.
Improved Gross Margins
Gross margin improved from 2% in 2023 to 15% in 2024, with noncash adjusted gross margin at 21%.
International Expansion
Significant geographic expansion into Europe, the Middle East, and Africa, with new sales in Romania and the Middle East.
New Product Launches
Launched several new products including BeamSpot, BeamBike, BeamPatrol, BeamWell, and BeamScoot.
Reduction in Cash Burn
Monthly cash burn reduced to less than $400,000, with projected positive cash flow based on current trends.
Increase in Corporate Sales
Corporate sales contributed 64% of total sales in Q4 2024, a significant increase from previous years.
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BEEM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BEEM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 11, 2025 | $1.76 | $1.57 | -10.80% |
| Nov 15, 2024 | $4.23 | $4.24 | +0.24% |
| Aug 13, 2024 | $5.75 | $5.27 | -8.35% |
| May 21, 2024 | $6.49 | $5.85 | -9.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Beam Global (BEEM) report earnings?
Beam Global (BEEM) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Beam Global (BEEM) earnings time?
Beam Global (BEEM) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BEEM EPS forecast?
Currently, no data Available
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