Beam Global BEEM
Beam is a sustainable technology innovation company headquartered in San Diego, California with offices in the U.S. in San Diego, California and Broadview, Illinois; in Europe in Belgrade and Kraljevo, Serbia; and in Abu Dhabi, United Arab Emirates ("UAE"). We develop, design, engineer, manufacture, and sell high-quality, rapidly-deployed and autonomous infrastructure products for electric vehicle ("EV") and autonomous vehicle ("AV") charging, energy security and disaster preparedness and highly energy-dense battery solutions in safe, compact, unique and bespoke form-factors which we believe are ideal for the rapidly growing mobile and stationary equipment product market which often requires electrical energy without being connected to the electrical grid. Additionally, we manufacture structures with integrated intelligence and electronics such as streetlighting, cell towers and energy infrastructure products for Smart Cities (the interconnected physical and digital elements within a city that utilize technology to enhance efficiency, sustainability, and quality of life for residents). We further design, engineer and manufacture specialized power electronics including inverters, charge controllers, power supplies and LED lighting.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.2M | $49.3M | $67.4M | $22.0M | $9.0M | $6.2M | $5.1M | $6.2M | $1.4M | $2.8M |
| Cost of revenue | $24.7M | $42.0M | $66.1M | $23.7M | $10.0M | $6.9M | $5.3M | $6.4M | $1.9M | $2.9M |
| Gross profit | $3.5M | $7.3M | $1.2M | -$1.7M | -$972.0K | -$711.0K | -$153.8K | -$192.1K | -$472.8K | -$144.7K |
| R&D | $600.0K | $1.8M | $2.3M | $1.2M | $400.0M | $261.6K | $412.6K | $164.1K | $1.8K | $3.5K |
| Total operating expenses | — | $19.0M | $17.5M | $18.0M | $5.6M | $4.5M | $3.1M | — | — | — |
| Operating income | -$27.5M | -$11.7M | -$16.3M | -$19.7M | -$6.6M | -$5.2M | -$3.3M | -$2.5M | -$2.7M | -$2.8M |
| Interest expense | $26.0K | $34.0K | $12.0K | $1.0K | $1.0K | — | $716.3K | $1.1M | $474.6K | $275.8K |
| Pre-tax income | -$27.4M | -$11.4M | -$16.0M | -$19.7M | -$6.6M | -$5.2M | -$3.9M | -$3.6M | -$3.0M | -$2.6M |
| Income tax | $406.0K | $94.0K | $12.0K | $2.0K | $1.0K | $4.9K | $3.1K | $0 | — | — |
| Net income | -$27.0M | -$11.3M | -$16.1M | -$19.7M | -$6.6M | -$5.2M | -$3.9M | -$3.6M | -$3.0M | -$2.6M |
| EPS, basic | -1.61 | -0.77 | -1.30 | -1.99 | -0.74 | -0.84 | — | — | — | — |
| EPS, diluted | — | -0.77 | -1.30 | -1.99 | -0.74 | -0.84 | -0.88 | -1.24 | -0.02 | -0.02 |
| Shares, diluted (wtd. avg.) | 16,814 | 14,621 | 12.3M | 9.9M | 8.9M | 6.2M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $969.0K | $4.6M | $10.4M | $1.7M | $21.9M | $26.7M | $3.8M | — | — | — |
| Receivables | $8.2M | $8.0M | $15.9M | $4.4M | $3.8M | $1.8M | $764.5K | $1.3M | $5.9K | $1.2M |
| Inventory | $9.8M | $12.3M | $11.9M | $12.2M | $1.6M | $1.1M | $1.8M | $1.1M | $2.3M | $271.8K |
| Total current assets | $21.0M | $27.1M | $40.7M | $19.9M | $27.6M | $29.9M | $6.6M | $2.9M | $2.8M | $1.5M |
| Property, plant and equipment | $13.1M | $13.7M | $16.5M | $1.5M | $650.0K | $235.0K | $103.0K | $133.2K | $226.1K | $293.0K |
| Goodwill | $0 | $10.6M | $10.3M | $4.6M | $0 | — | — | — | — | — |
| Other intangibles | $7.1M | $8.0M | $9.1M | $9.9M | $359.0K | $293.8K | $205.2K | $131.6K | $75.3K | $73.4K |
| Total assets | $42.7M | $61.5M | $77.6M | $37.7M | $30.7M | $32.9M | $7.3M | $3.5M | $3.2M | $2.1M |
| Accounts payable | $5.9M | $9.0M | $9.7M | $2.9M | $1.6M | $727.9K | $485.0K | $1.4M | $486.7K | $873.0K |
| Short-term debt | — | — | — | — | — | — | $0 | $286.5K | $20.6K | — |
| Total current liabilities | $12.1M | $13.3M | $16.9M | $13.2M | $3.0M | $1.8M | $1.5M | $5.7M | $3.6M | $3.4M |
| Total liabilities | $17.9M | $20.2M | $28.1M | $14.5M | $4.7M | $3.8M | $1.5M | $6.0M | $3.6M | $3.4M |
| Retained earnings | -$131.6M | -$104.6M | -$93.4M | -$77.3M | -$57.6M | -$51.0M | -$45.8M | -$41.9M | -$38.3M | -$35.2M |
| Total equity | $24.8M | $41.3M | $49.5M | $23.2M | $26.0M | $29.2M | $5.8M | -$2.5M | -$349.3K | -$1.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.5M | -$2.2M | -$13.3M | -$18.1M | -$6.4M | -$4.1M | -$4.8M | -$712.5K | -$3.4M | -$1.8M |
| Depreciation and amortisation | $3.5M | $3.7M | $1.9M | $400.0K | $100.0K | $36.5K | $37.3K | $60.1K | $69.4K | $102.4K |
| Stock-based compensation | $3.0M | $3.6M | $2.7M | $2.0M | — | — | $404.8K | $349.1K | $220.1K | $442.9K |
| Capital expenditure | $418.0K | $828.0K | $937.0K | $872.0K | $498.0K | $265.8K | $32.8K | $23.5K | $23.9K | $115.9K |
| Investing cash flow | -$482.0K | -$4.1M | -$5.7M | -$1.8M | -$582.0K | -$358.9K | -$109.6K | -$32.3K | -$26.4K | -$153.2K |
| Financing cash flow | $7.5M | $1.2M | $27.7M | -$342.0K | $2.2M | $27.4M | $8.5M | $585.3K | $3.9M | $1.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-011890.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $1.4M | $6.2M | $5.1M | $6.2M | $9.0M | $22.0M | $67.4M | $49.3M | $28.2M |
| Gross profit | -$144.7K | -$472.8K | -$192.1K | -$153.8K | -$711.0K | -$972.0K | -$1.7M | $1.2M | $7.3M | $3.5M |
| Net income | -$2.6M | -$3.0M | -$3.6M | -$3.9M | -$5.2M | -$6.6M | -$19.7M | -$16.1M | -$11.3M | -$27.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced Item 2.02
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed Item 1.01
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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