BEEM
Beam Global1.7100
+0.0100+0.59%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
32.54MP/E (TTM)
-Basic EPS (TTM)
-1.85Dividend Yield
0%Recent Filings
8-K
Q3 revenues drop 50%
Beam Global reported Q3 2025 revenues of $5.8 million, down 50% from $11.5 million in 2024 due to order timing, yet non-government commercial sales hit 82% of total while international jumped to 39% YTD. Gross margin slipped to -1%, but adjusted non-GAAP reached 22% YTD, up 4 points, with op ex down 30% excluding non-cash. Debt-free with $8 million backlog. Middle East expansion opens doors.
10-Q
Q3 FY2025 results
Beam Global's Q3 revenues fell 50% y/y to $5.8M from $11.5M, with gross loss of $28K versus $1.2M profit, as U.S. sales dropped sharply while commercial and international shares rose to 82% and 43%. YTD revenues declined 53% y/y to $19.2M, gross margin held at 9.9%, but $10.8M goodwill impairment drove operating loss to $24.9M and diluted EPS to -$1.54 on 16.1M shares—anti-dilutive options excluded. Cash burned $6.7M in operations yet ended at $3.3M after $6.6M equity raise; minimal $215K debt matures over 5 years. Telcom acquisition closed Aug 2024 for $1.1M (cash/stock/earnout), adding power electronics. Stock price volatility lingers.
8-K
Annual meeting elects directors
Beam Global's stockholders convened their 2025 Annual Meeting on October 21, 2025, with 58.38% of shares represented. They elected Desmond Wheatley, Judy Krandel, Anthony Posawatz, and George Syllantavos to the board for one-year terms, despite some withheld votes. Advisory approval passed for executive compensation, while ratification of CBIZ CPAs P.C. as auditors drew near-unanimous support. Continuity holds firm.
8-K
10-Q
Q2 FY2025 results
Beam Global's Q2 FY2025 revenues fell 52% y/y to $7.1M, with gross profit holding at $1.4M for a 20.3% margin—up 4.4 points—thanks to cost tweaks and higher international sales at 47% of total. Yet Q2 operating loss narrowed to $4.5M from $4.8M, while YTD net loss ballooned to $19.8M after a $10.8M goodwill impairment tied to stock price woes. Cash dipped to $3.4M, offset by $2.2M from stock sales; free cash flow not disclosed in the 10-Q. The Telcom acquisition closed August 2024 for $1.1M (cash/stock/earnout), adding power electronics muscle. Liquidity looks tight amid federal sales uncertainty.
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