NASDAQ$BEEM

Beam Global · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Beam Global reported record revenues and strategic advancements.

Beam Global reported a 126% increase in Q4 revenue, reaching $7.9 million, and a 144% increase in full year revenue, totaling $22.0 million. The company experienced a gross loss in Q4, but improvements in gross profitability are underway. Operating expenses increased due to acquisitions and non-cash adjustments. The company is expanding into new markets and has a strong focus on innovation.

  • Achieved record fourth-quarter revenues of $7.9 million, a 126% increase year-over-year.
  • Full-year revenues reached a record $22.0 million, a 144% increase year-over-year.
  • Government agencies accounted for 65% of revenues, while commercial entities contributed 35%.
  • Gross loss for the quarter was $0.7 million, with improvements expected due to increased production and efficiency.

Headline financials

Total Revenue

$7.9M

Previous: $3.49M+126.4%
EPS (adj)

-$0.77

Previous: -$0.22-250.0%
Capital Expenditures

$117K

Previous: $25K+368.9%
Free Cash Flow

-$2.51M

Previous: -$1.27M-97.2%
Net Income

-$7.8M

Previous: -$2.01M-287.1%
Operating Income

-$7.1M

Previous: -$1.67M-324.0%
Gross Profit

-$700K

Previous: -$341K-105.5%
Cash & Equivalents

$1.7M

Previous: $21.9M-92.3%
Total Assets

$37.7M

Previous: $24.6M+53.3%
Stock-Based Comp

$2M

No prior period

Revenue & EPS history

Beam · Revenue · Quarterly

$7.9M

Q4 2022+126.4%vs Q4 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Beam Global anticipates continued revenue growth, driven by expanding market presence and product innovation. The company expects to benefit from strategic partnerships and increasing demand for sustainable energy solutions. However, inflationary pressures and supply chain challenges may pose risks to profitability.

Tailwinds

  • Anticipates continued revenue growth
  • Expanding market presence
  • Product innovation
  • Strategic partnerships
  • Increasing demand for sustainable energy solutions

Headwinds

  • Inflationary pressures
  • Supply chain challenges
  • Gross loss
  • Increase in operating expenses
  • Decrease in cash

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 Q4 2022

Historical avgQ4 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%

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