NASDAQ$BEEM

Beam Global · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Beam Global reported fiscal 2024 revenue of $49.3M with a net loss of $11.3M.

Revenue was $49.3 million for the year ended December 31, 2024, down from $67.4 million in 2023 on government order timing but up sharply versus 2022. Net loss was $11.3 million as gross margin improved to 15%. Commercial mix, backlog, and EV charging demand drive the outlook.

  • FY2024 revenue $49.3M; gross margin 15%.
  • Net loss $11.3M; operating cash use improved.
  • Commercial revenue share rose to 38% of total.
  • Government order timing and backlog affect 2025 growth.

Headline financials

Total Revenue

$49.3M

Previous: $20M+146.5%
EPS (adj)

-$0.85

Previous: -$0.51-66.7%
Gross Profit Margin

15.0%

Previous: 2.0%+650.0%
Adj. Gross Margin

21.0%

No prior period
Backlog

$5.6M

No prior period
Net Income

-$12M

Previous: -$5.1M-135.3%
Operating Income

-$11.7M

Previous: -$5.1M-128.6%
Gross Profit

$7.3M

Previous: $400K+1724.0%

Revenue & EPS history

Beam · Revenue · Quarterly

$49.3M

Q4 2024+146.5%vs Q4 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Outlook emphasizes clinical milestones, liquidity, and path to profitability.

Tailwinds

  • Cash and strategic partnerships can fund pipeline advancement.
  • Cost discipline may narrow operating losses.

Headwinds

  • No product revenue until regulatory approval for pre-commercial names.
  • Trial outcomes and dilution risk affect funding needs.

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 2024

Historical avgQ4 2024

+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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