NASDAQ$BEEM

Beam Global · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Envision Solar's Q2 2020 financial results were announced, revealing a decrease in revenue compared to the same period last year, but a reduced net loss.

Envision Solar reported Q2 2020 revenue of $1,455,158, an 11% decrease compared to Q2 2019. The net loss was $833,957, an improvement from the $983,874 loss in the same period last year. The company's contracted backlog as of June 30, 2020, was approximately $2.6 million.

  • Q2 2020 revenues were $1,455,158, an 11% decrease from the same period last year.
  • Gross profit for Q2 2020 was $55,336, slightly lower than the $61,545 in Q2 2019.
  • Net loss for Q2 2020 was $833,957, an improvement from the $983,874 loss in Q2 2019.
  • As of June 30, 2020, the contracted backlog was approximately $2.6 million.

Headline financials

Total Revenue

$1.46M

Previous: $1.64M-11.3%
EPS (adj)

-$0.16

No prior period
Capital Expenditures

-$140K

Previous: -$6.12K-2193.4%
Free Cash Flow

-$974K

Previous: -$990K+1.6%
Net Income

-$834K

Previous: -$984K+15.2%
Operating Income

-$833K

Previous: -$679K-22.7%
Gross Profit

$55.3K

Previous: $61.5K-10.1%
Cash & Equivalents

$1.95M

Previous: $5.92M-67.0%
Total Assets

$5.95M

Previous: $10.1M-41.0%

Revenue & EPS history

Beam · Revenue · Quarterly

$1.46M

Q2 2020-11.3%vs Q2 2019
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Envision Solar anticipates growth in the coming quarters, driven by stimulus spending and increasing demand for electric vehicles and off-grid charging solutions.

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 Q2 2020

Historical avgQ2 2020

+1.6%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-1.7%

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%-38.2%
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%

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