NASDAQ$BEEM

Beam Global · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Beam Global reported record Q2 revenues and integration of battery company was in progress.

Beam Global reported record second quarter revenues of $3.7 million, a 75% increase compared to the same period last year. The company's first half revenues more than doubled compared to the previous year, reaching $7.5 million. The integration of the battery company acquisition is progressing, with initial deployments of internally produced battery solutions in EV ARC systems.

  • Record second quarter revenues of $3.7 million, up 75% year-over-year.
  • First half revenues reached $7.5 million, a 114% increase compared to the same period last year.
  • Gross loss improved as a percentage of sales due to favorable fixed overhead absorption and improved labor efficiency.
  • Integration of the acquired battery company is progressing, with deployments of internally produced battery solutions.

Headline financials

Total Revenue

$3.72M

Previous: $2.12M+75.3%
EPS (adj)

-$0.28

Previous: -$0.18-55.6%
Capital Expenditures

-$216K

Previous: -$168K-28.4%
Free Cash Flow

-$3.02M

Previous: -$1.81M-66.8%
Net Income

-$2.8M

Previous: -$1.64M-70.7%
Operating Income

-$2.82M

Previous: -$1.64M-71.4%
Gross Profit

-$326K

Previous: -$274K-19.0%
Cash & Equivalents

$13.8M

Previous: $25.3M-45.5%
Total Assets

$45.7M

Previous: $33.3M+37.1%

Revenue & EPS history

Beam · Revenue · Quarterly

$3.72M

Q2 2022+75.3%vs Q2 2021
Beat estimate in 6 of 10 quarters(60%)
ActualEstimate

Forward guidance

The company is excited about what the Beam Team will make happen during the remainder of 2022.

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 2022

Historical avgQ2 2022

+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%

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