What guidance did Beam's management provide for the next earnings period?

What factors drove the changes in Beam's revenue and profit?

What were the key takeaways from Beam’s earnings call?

Did Beam beat or miss consensus estimates last quarter?

What is Beam's gross profit margin?

What is the revenue and EPS growth rate for Beam year over year?

What is Beam's latest dividend and current dividend yield?

What is the market's earnings forecast for Beam next quarter?

- **Middle East Growth**: 50/50 joint venture with Platinum Group in Abu Dhabi, targeting $3M+ in delayed U.S. federal sales for H1 2026.
- **New Product Momentum**: BeamBike deployed in Abu Dhabi, BeamFlight wireless charging for drones,100% operational during Hurricane Helene.
- **Financial Resilience**: $8M backlog (excluding Middle East), 30% YoY cost savings, and stable cash flow despite U.S. federal pause.
- **Strategic Shifts**: 40% Q3 revenue from Europe, diversifying into energy security,0% of R&D focused on non-US markets.

**【CFO Financial Overview】**
- Q3 2025 revenue: $5.8 million (YoY decrease due to delayed federal sales in the U.S.).
- Net loss: $4.9 million (GAAP) / $2.8 million (non-GAAP, excluding non-cash items).
- Cash balance: $3.3 million, stable compared to prior quarters.
- Operating expenses: $4.8 million (YoY decrease of 30% due to cost efficiencies).
- Gross margin: -0.5% (GAAP) / 13% (non-GAAP, excluding $800k non-cash expenses).

**【CEO Business Update】**
- **Middle East Expansion**: 50/50 joint venture with Platinum Group in Abu Dhabi, with pre-profit cost recovery terms.
- **New Products**: BeamBike deployed in Abu Dhabi, BeamFlight (wireless drone charging) in development, and BeamWell for humanitarian water solutions.
- **Market Shifts**: U.S. federal sales paused due to administration changes, but Europe and Middle East showing growth (40% of Q3 revenue from Europe).
- **Backlog**: $8 million (firm orders), excluding $3 million delayed U.S. federal order expected in H1 2026.

**【Q&A Highlights】**
- **Wireless Charging**: Autonomous vehicle and drone interest in Middle East, with BeamFlight trials in Abu Dhabi.
- **Manufacturing Capacity**: Underutilized U.S. facilities, expanding European production to support Middle East sales.
- **Stock Price & Dividends**: CEO confident in long-term fundamentals, no immediate dividend plans.
- **Battery Business**: 21% YoY growth, focusing on high-margin, custom solutions for drones and submersibles.


Beam Global (BEEM) Q3 2025 Earnings Call Transcript

- **Revenue growth**: 12% QoQ to $7.1 million, 60% from commercial customers
- **Gross margin rebound**: 30% non-GAAP (up 12% YoY)
- **Middle East expansion**: JV with Platinum Group for regional dominance
- **Energy storage success**: 21% sales order growth, new defense & automotive customers
- **Operational efficiency**: 11% OpEx decline, solar cost savings in Europe

**【CFO Financial Overview】**
- Q2 2025 revenue: $7.1 million (12% QoQ growth)
- Gross margin: 20% (GAAP) / 30% (non-GAAP, excluding $657k non-cash expenses)
- Operating expenses: $5.9 million (11% YoY decline)
- Backlog: $7 million
- Cash balance: $3.4 million
- Non-cash goodwill impairment: $11 million (due to market cap decline)

**【CEO Business Update】**
- **Beam Middle East JV**: New joint venture with Platinum Group for Middle East expansion
- **Revenue diversification**: 60% from commercial customers, 37% from international markets
- **Gross margin improvement**: 12% increase in adjusted gross margin despite lower federal sales
- **European efficiency**: Solar installations reduce utility costs, lean manufacturing
- **Energy storage growth**: 21% increase in sales orders, new Fortune 500 and defense customers
- **IR efforts**: Trading volume up 600% YoY, share price appreciation

**【Q&A Highlights】**
- **Energy storage**: Primarily U.S.-based but expanding internationally
- **Charging competition**: Focus on Level 2 chargers; BeamSpot complements DC fast charging
- **Tariffs**: Minimal impact so far; Serbia tariffs complicating U.S. imports
- **Federal sales**: Transitioning away, replacing with commercial and international growth
- **OpEx management**: Commissions and consulting drive variable costs; ERP efficiency reduces overhead

Beam Global (BEEM)-14 Aug 25-2025 Q2 Earnings call transcript

- **Revenue Diversification**: 53% from commercial, 25% international (vs. 16% commercial, 11% international in Q1 2024). 
- **Gross Margin Strength**: 21% non-GAAP margin (up from 12% in Q1 2024), targeting 50% with scale. 
- **New Product Momentum**: BeamPatrol, BeamBike, BeamWell seeing strong customer interest. 
- **International Growth**: Europe contributes 25% of revenue, Middle East deployments underway. 
- **Resilience Play**: Flood-proof products like BeamWell gaining traction in disaster recovery markets. 


**【CFO Financial Overview】**
- Q1 2025 Revenue: $6.3M (53% from commercial, 25% international vs. 16% commercial, 11% international in Q1 2024). 
- Gross Profit: $0.5M (8% GAAP margin, 21% non-GAAP after $1M non-cash charges). 
- Operating Expenses: $16M (including $10.8M goodwill impairment due to stock price decline). 
- Net Loss: $15.5M (non-GAAP $2.8M after excluding $12.5M non-cash items). 
- Cash Balance: $2.5M (down from $4.6M at end of 2024). 

**【CEO Business Update】**
- EV ARC sales increased despite 50% revenue decline vs. Q1 2024 (due to U.S. federal gov. pause on EV infrastructure). 
- Non-federal gov. sales grew 23% QoQ, with 41% YoY growth in non-government revenue. 
- International expansion: 25% of Q1 revenue from Europe, with deployments in Croatia, Serbia, Romania, Spain. 
- Gross margin improvement: 21% non-GAAP (vs. 12% in Q1 2024), targeting 50% with scale. 
- New products: BeamPatrol, BeamBike, BeamSpot showing strong customer interest. 
- Battery business: 12% YoY growth, winning defense and automotive contracts. 

**【Q&A Highlights】**
- **Product Mix**: EV ARC remains core (40-50% gross margin), but BeamPatrol, BeamBike, and BeamWell driving diversification. 
- **Gross Margin Progress**: 21% non-GAAP margin in Q1, expects improvement with volume. 
- **Manufacturing Capacity**: Europe has 250K sqft facility, 5x U.S. capacity, with plans to expand production. 
- **Resilience Focus**: Products like BeamWell (flood-proof, off-grid water/electricity) targeting disaster recovery markets. 
- **Middle East Expansion**: BeamWell deployment in Gaza, partnerships in UAE for smart city projects. 


Beam Global (BEEM) Q1 2025 Earnings Call Transcript

- **Revenue Surge**: 124% YoY growth to $49.3 million, with 68% 5-year CAGR, despite U.S. federal slowdown.
- **Profitability Boost**: 15% GAAP gross margin (21% adjusted), up 13pts YoY, enabling $10M+ gross profit.
- **New Product Momentum**: BeamBike, BeamPatrol, and BeamWell generating sales, with 12 new products launched in 2024.
- **Global Expansion**: 25% of 2024 revenue from Europe, with Serbia operations mitigating tariffs and driving cost efficiency.
- **Cash Flow Path**: Positive cash flow achievable in 2025 with 2024 revenue, as gross profit covers operating costs.
- **Strategic Shift**: 64% Q4 sales from non-government, diversifying away from U.S. federal risk.


**【CFO Financial Overview】**
- **Revenue Growth**: 2024 revenue reached $49.3 million, a 124% increase over 2022, with a 5-year CAGR of 68%.
- **Gross Margin Improvement**: GAAP gross margin rose to 15% (21% non-cash adjusted), up 13 percentage points YoY, driven by cost reductions and operational efficiency.
- **Operating Expenses**: $19 million for 2024, with $1.6 million YoY increase due to new hires and marketing, offset by $3.8 million from European acquisitions.
- **Cash Position**: $4.6 million at year-end, down from $10.4 million in 2023, reflecting $3.2 million in acquisition payments.
- **Net Cash Flow**: Used $2.2 million for operations, improved from $13.3 million in 2023, with cash burn under $400,000/month net of acquisitions.

**【CEO Business Update】**
- **Market Challenges**: U.S. federal government orders declined due to new administration policies, but non-government sales grew 49% Q4 YoY, accounting for 64% of Q4 revenue.
- **International Expansion**: 25% of 2024 revenue came from Europe, with Serbia-based operations reducing costs and tariffs impact. New products like BeamBike, BeamPatrol, and BeamWell are gaining traction globally.
- **Reseller Strategy**: Expanded sales force via agents and distributors without incremental costs, driving 2025 sales growth in Europe, Middle East, and Africa.
- **Tariff Mitigation**: Serbia-based production avoids U.S. tariffs, with potential for reduced rates through administration ties. Steel prices offset by European sourcing.
- **Product Portfolio**: Introduced 12 new products in 2024, including smart city solutions and energy storage, with recurring revenue models via data services.

**【Q&A Highlights】**
- **Product Timelines**: BeamBike, BeamPatrol, and BeamWell already generating sales; BeamScoot launch planned. Smart city products expected to yield recurring revenue via data subscriptions.
- **Recurring Revenue**: Sponsorship model (e.g., Vinci Airports) and maintenance contracts, with future plans for hardware-software-as-a-service.
- **BeamWell Technology**: Proven desalination integrated with EV charging, deployed in Middle East with potential for Gaza deployment.
- **2025 Outlook**: Positive cash flow achievable with 2024 revenue levels, driven by higher gross margins and no further acquisition costs.


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