The earnings call presents a mixed picture. While there is significant progress in international expansion and a shift towards commercial customers, the company faces challenges such as a substantial decline in revenue due to the loss of federal orders, increased net loss, and a goodwill impairment charge. The sentiment is balanced, reflecting both the company's strategic advancements and financial difficulties.
Company Guidance
During the Beam Global First Quarter 2025 operating results conference call held on May 16, 2025, the company reported revenues of $6.3 million, with significant diversification in revenue sources, as 53% came from commercial customers compared to 16% in Q1 2024, and international customers made up 25% of the total revenue, up from 11% in the previous year. The company faced a gross margin of 8% due to a non-cash negative impact of $1 million for depreciation and amortization, but net of these non-cash items, the gross margin was 21%, compared to 12% in Q1 2024. Operating expenses were $16 million, including a $10.8 million goodwill impairment due to a decrease in stock price, resulting in a net loss of $15.5 million. Excluding non-cash items, the net loss was $2.8 million, slightly higher than $2.1 million in Q1 2024. The company ended the quarter with a cash balance of $2.5 million, and net cash used for operating activities was $1.8 million. Beam Global remains optimistic about future growth, citing increased international sales and product diversification, despite challenges in the U.S. federal market.
Diverse Revenue Base
In Q1 2025, 53% of revenues were derived from commercial customers compared to 16% in the same period in 2024. International customers comprised 25% of all revenue in Q1 2025 versus 11% in Q1 2024.
Positive Gross Margin Adjustments
Gross margin net of non-cash items was 21% for Q1 2025 versus 12% in Q1 2024, indicating improvement despite lower revenues.
Increase in Sales Orders
Sales orders in Q1 2025 were up 23% over Q4 2024, despite not including any federal government orders.
International Expansion and New Products
International revenues contributed over 25% of Q1 2025 numbers, and new products like BeamPatrol and BeamBike are expected to contribute to future growth.
Beam Global (BEEM) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
BEEM Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 15, 2025
$1.97
$1.70
-13.71%
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%
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.
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.