NASDAQ$BEEM

Beam Global · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Beam Global reported a record revenue increase and improved gross profit for Q4 2023.

Beam Global reported a significant increase in revenue for Q4 2023, with a 154% increase compared to the same period in 2022. The company also saw improvements in gross profit and a reduction in operating expenses as a percentage of revenues.

  • Revenue increased by 154% compared to Q4 2022, reaching $20.0 million.
  • Gross profit improved to $0.4 million, or 2% of sales, compared to a gross loss of $0.7 million in Q4 2022.
  • Operating expenses decreased to 28% of revenues, an improvement of 62% year over year.
  • Net loss improved by 74% year over year.

Headline financials

Total Revenue

$20M

Previous: $7.9M+153.3%
EPS (adj)

-$0.51

Previous: -$0.77+33.8%
Gross Profit Margin

2.0%

No prior period
Capital Expenditures

-$176K

Previous: $117K-250.4%
Net Income

-$5.1M

Previous: -$7.8M+34.6%
Operating Income

-$5.1M

Previous: -$7.1M+28.2%
Gross Profit

$400K

Previous: -$700K+157.1%
Stock-Based Comp

$1.39M

Previous: $2M-30.7%

Revenue & EPS history

Beam · Revenue · Quarterly

$20M

Q4 2023+153.3%vs Q4 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Beam Global believes that they have laid the groundwork for continued improvements in 2024.

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 2023

Historical avgQ4 2023

+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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