NASDAQ$BEEM

Beam Global · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Beam Global reported its first quarter 2025 operating results, highlighting a decrease in revenue compared to the previous year but showing improvements in gross margin and reduced net cash used in operations.

Beam Global's first quarter 2025 revenues were $6.3 million, a decrease from $14.561 million in Q1 2024. Despite the revenue decline, the company achieved a positive GAAP Gross Margin of 8% and an Adjusted non-GAAP Gross Margin of 21%. Net cash used in operations significantly decreased to $1.8 million from $3.0 million in the prior year, and the company remains debt-free with a substantial line of credit available.

  • Revenue for Q1 2025 was $6.3 million, a decrease from $14.561 million in Q1 2024.
  • GAAP Gross Margin improved to 8%, and Adjusted non-GAAP Gross Margin was 21%.
  • Net cash used in operations decreased to $1.8 million in Q1 2025 from $3.0 million in Q1 2024.
  • The company reported a net loss of $15.523 million, which included a significant non-cash goodwill impairment of $10.780 million.

Headline financials

Total Revenue

$6.32M

Previous: $14.6M-56.6%
EPS (adj)

-$1.04

Previous: -$0.21-395.2%
Gross Profit Margin

8.0%

Previous: 10.0%-20.0%
Adj. Gross Margin

21.0%

Previous: 12.0%+75.0%
Debt Free Status

0

No prior period
Line of credit available

$100M

No prior period
Backlog

$6.3M

No prior period
Capital Expenditures

-$54K

Previous: -$104K+48.1%
Net Income

-$15.5M

Previous: -$3.04M-411.1%
Operating Income

-$15.5M

Previous: -$3.05M-410.0%
Gross Profit

$501K

Previous: $1.48M-66.1%

Revenue & EPS history

Beam · Revenue · Quarterly

$6.32M

Q1 2025-56.6%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Beam Global anticipates a return to growth in future quarters, driven by international expansion, increased sales of its flagship product EV ARC™, and promising work in its battery business. The company believes it has sufficient cash and working capital to continue operations without debt.

Tailwinds

  • Expansion efforts in international markets are gaining momentum and bearing fruit.
  • Increased sales of the flagship product EV ARC™ in the first quarter.
  • The battery business is performing well with interesting and promising work.
  • Sufficient cash and working capital to continue operations without debt or going concern.
  • New product lineup and expanded market reach beyond the US are expected to create growth opportunities.

Headwinds

  • Navigating through a series of uncertainties in the U.S. market.
  • Loss of immediate benefits from U.S. federal government sales.
  • Decrease in revenue mainly due to uncertainty in the U.S. government's zero emission vehicle strategy related to the presidential election.
  • Goodwill impairment reported due to decrease in stock price, though not considered indicative of future performance.
  • Net loss for the quarter, primarily due to non-cash expense items like goodwill impairment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.6%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-0.7%

Avg return

30 days after

43%

26 / 60 earnings

Positive

+29.5%

Q3 2022

Best reaction

-14.0%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.0%-23.7%
Q4 2025-2.0%-5.5%+14.1%
Q3 2025+0.6%-7.1%-6.6%
Q2 2025-3.4%+2.1%-1.3%
Q1 2025-3.8%-14.2%-14.2%
Q4 2024-14.0%-7.6%+25.5%
Q3 2024+0.2%-6.6%-36.2%
Q2 2024-3.5%-4.8%-3.5%
Q1 2024-5.9%-4.0%-22.0%
Q4 2023+17.0%+16.0%+19.4%
Q3 2023+9.1%-1.2%+9.1%
Q2 2023-3.5%-12.3%-11.6%
Q1 2023+6.9%+17.1%+9.4%
Q4 2022-9.7%-7.4%-44.3%
Q3 2022+29.5%+39.7%+59.9%
Q2 2022+8.0%-0.5%-12.9%
Q1 2022+2.7%+9.5%+31.6%
Q4 2021+11.7%+27.3%-15.7%
Q3 2021-3.3%-6.7%-31.8%
Q2 2021+1.9%-8.8%-11.3%
Q1 2021-2.0%+14.6%+54.8%
Q4 2020+22.5%+13.3%-3.9%
Q3 2020+0.6%+14.0%+83.8%
Q2 2020+1.5%-4.7%-8.0%
Q1 2020+4.8%+11.2%-0.1%
Q3 2019-0.4%-6.6%-19.4%
Q2 2019+1.0%-2.8%+0.2%
Q1 2019-0.6%+1.9%+1.9%
Q3 2018+0.0%+4.3%-8.7%
Q2 2018-5.0%+0.0%+0.0%
Q1 2018-0.6%-18.5%-24.2%
Q3 2017-2.1%-10.6%-14.3%
Q2 2017+2.9%+3.6%+3.6%
Q1 2017-5.5%-0.7%-36.6%
Q3 2016+6.3%-0.6%-1.9%
Q2 2016-7.1%-8.8%-8.2%
Q4 2016+23.3%
Q3 2015-3.2%
Q2 2015-10.2%
Q1 2015+8.7%
Q4 2014-2.4%
Q3 2014-9.4%
Q2 2014-5.3%
Q1 2014-13.2%
Q4 2013+0.0%
Q3 2013+20.7%
Q2 2013+7.3%
Q1 2013+24.4%
Q4 2012+12.5%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012-4.3%
Q4 2011-0.3%
Q3 2011+0.0%
Q2 2010+7.7%
Q2 2011+7.7%
Q1 2011-9.6%
Q4 2010+1.7%
Q3 2010+0.0%
Q1 2010-8.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro