Beam Global

Beam Global engages in the invention, design, engineering, manufacture, and sale of solar powered products. It offers solar powered products and proprietary technology solutions for electric vehicle charging infrastructure, out of home advertising platforms, and energy security and disaster preparedness. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.

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Beam Global reports robust revenue growth and strategic expansion plans

Beam Global showcased strong revenue growth and operational efficiency in Q4 2022, supported by a $100 million credit facility for expansion.
While facing margin challenges and net losses, the company remains focused on profitability, cost management, and shareholder value.
Opportunities lie in product expansion, European market penetration, and leveraging industry growth trends for future success.
Desmond Wheatley's confidence in Beam Global's future growth and strategic direction sets a positive outlook for the company's performance.

Beam Global's Q1 2023 Revenue Surges, Eyes International Expansion

Beam Global reported stellar revenue growth and improved gross margin in Q1 2023, focusing on cost reductions and profitability. The company's strong sales efforts and liquidity position provide a foundation for future growth.

Beam Global achieves record Q2 results, eyes European expansion

Beam Global's exceptional Q2 performance underscores its financial strength and operational efficiency, with revenue and production milestones achieved.
While challenges like delayed cost reductions and managing expenses persist, the company's strategic strengths and growth opportunities position it for continued success.
The focus on product innovation, customer acquisition, and international expansion signals a promising trajectory for Beam Global's future growth and profitability.
Desmond Wheatley's confidence in the team's capabilities and the company's strategic direction bode well for sustained business growth and market leadership.

Beam Global reports robust Q3 growth, eyes European expansion

Beam Global's Q3 2023 performance reflects strong revenue growth, improved gross profit, and decreased operating expenses. The acquisition of Beam Europe presents strategic opportunities in the European market, aligning with the increasing demand for EV charging infrastructure. Challenges include backlog trajectory and the need for sustained financial prudence to achieve EBITDA breakeven next year.

Beam Global reports robust revenue growth and strategic European expansion

Beam Global's Q4 2023 performance reflects remarkable revenue growth and operational improvements, positioning the company for a promising future despite net losses.
The strategic acquisition of Beam Europe, focus on diversification, and emphasis on cost savings and margin improvements demonstrate Beam Global's commitment to sustainable growth and market expansion.
With a strong presence in Europe and a growing pipeline, Beam Global is poised to capitalize on the increasing demand for zero-emission vehicles and the opportunities presented by the evolving energy landscape.

Beam Global achieves record revenues and targets European expansion

Beam Global reported record Q1 revenues and the highest gross profit margin ever. The company is focusing on efficiency, reducing COGS, and improving gross profitability.
European expansion presents significant growth opportunities, particularly in the UK, driven by stringent zero-emission vehicle mandates. Sales strategy for the EV Standard product targets existing customers and aims for good unit economics.
Challenges include increased operating expenses, non-cash liabilities, and initial inefficiencies in European operations. However, Beam Global is poised to capitalize on opportunities in Europe for EV charging solutions.

Beam Global reports strong Q2 earnings, eyes growth opportunities

Beam Global's Q2 '24 performance showed revenue growth, margin improvement, and strategic milestones.
Despite challenges in expenses and net loss, the company's strengths lie in sales expansion and R&D investment.
Opportunities in new product introductions and leveraging external sales resources can drive future growth.
Overall, Beam Global's positive outlook and strong financial performance indicate a promising trajectory.

Beam Global excels in Q3 2024, eyes global expansion opportunities

Beam Global's Q3 2024 performance reflects strong revenue growth, improved margins, and a return to profitability, underlining operational progress.
Strategic initiatives such as geographic expansion, product innovation, and channel diversification position the company for sustained growth and market resilience.
While facing challenges in certification processes and operating expenses, Beam Global remains optimistic about its growth trajectory and investor engagement.

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Beam Global provides sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media. It develops, patents, designs, engineers and manufactures unique and advanced clean mobility solutions that protect the environment, save customers time and money, empower communities and keep people moving. The firm's core platforms include Beam EV ARC and Solar Tree sustainable EV charging systems, Beam AllCell high-performance energy storage solutions, energy resiliency and disaster preparedness products and a deep patent library. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.

Beam Global (BEEM) CEO Desmond Wheatley on Q3 2021 Results - Earnings Call Transcript

Conference Call Today at 4:30 PM ET Conference Call Today at 4:30 PM ET

Beam Global Reports Fiscal Q3 2021 Financial Results

SAN DIEGO, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it will report its Fiscal Third Quarter 2021 financial results on Thursday November 11, 2021 after market close. Management will host a conference call at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.

Beam Global Schedules Fiscal Third Quarter 2021 Financial Results Conference Call for November 11, 2021 at 4:30 p.m. ET

Beam Global (BEEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Beam Global (BEEM) to Report a Decline in Earnings: What to Look Out for

SAN DIEGO, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that Beam Global has been added to the California Electric Vehicle Infrastructure Project (CALeVIP) EV charging program. Funded by the California Energy Commission (CEC) and implemented by the Center for Sustainable Energy (CSE), CALeVIP provides incentives for EV charger infrastructure and works with local partners to develop and implement projects that meet current and future regional EV needs. The statewide efforts aim to provide a streamlined process to fill the significant gaps in charging availability. The four Beam product offerings that have been added to the CALeVIP Eligible Equipment List are:

Beam Global Added to the CALeVIP Incentive Program for Expanding EV Charging Infrastructure

SAN DIEGO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the U.S. Marine Corps has placed a first order for 21 EV ARC™ solar-powered EV charging systems to be deployed across 14 Marine Corps bases in the continental U.S. and Hawaii to support Executive Order 14008 on Tackling the Climate Crisis at Home and Abroad. The systems were purchased through the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing.

Beam Global Receives First U.S. Marine Corps Order for EV ARC™ Off-Grid EV Charging and Energy Resiliency Systems for 14 Bases

Investors need to pay close attention to Beam Global (BEEM) stock based on the movements in the options market lately.

Implied Volatility Surging for Beam Global (BEEM) Stock Options

EV ARC™ sustainable EV charging system at Booth #2023 August 30 through September 1, 2021 EV ARC™ sustainable EV charging system at Booth #2023 August 30 through September 1, 2021

Beam Global to Exhibit at the Advanced Clean Transportation (ACT) Expo 2021 at the Long Beach Convention Center

Beam Global (BEEM) CEO Desmond Wheatley on Q2 2021 Results - Earnings Call Transcript

Beam Global Reports Fiscal Q2 2021 Financial Results

Will Beam Global (BEEM) Report Negative Q2 Earnings? What You Should Know

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Rapidly deployed sustainable EV charging infrastructure to kick off fleet electrification initiative Rapidly deployed sustainable EV charging infrastructure to kick off fleet electrification initiative

City of Walla Walla, Washington Orders Beam Global EV ARC™ Off-Grid EV Charging System

SAN DIEGO, July 01, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it has instituted a new equity oversight governance model at the board level. The company has created an independent Equity Oversight Committee (EOC) within the Board of Directors to assess all future uses of equity.

Beam Global Introduces Innovative Governance Model for Equity Oversight

Event joins industry and government leaders to demonstrate the art of the possible in e-mobility Event joins industry and government leaders to demonstrate the art of the possible in e-mobility

Beam Global Provides Rapidly Deployed Off-Grid Charging for the U.S. Marine Corps at the Electric Mobility Symposium at MCAS Miramar in San Diego

SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Beam Global (Nasdaq: BEEM, BEEMW), please note the announcement has been revised to reflect that the company will be added to the Russell 2000® Index rather than the FTSE Russell Microcap Index, as originally issued. Complete corrected text follows:

CORRECTING and REPLACING - Beam Global

SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced it has been added to the FTSE Russell Microcap Index.

Beam Global Added to the FTSE Russell Microcap Index

SAN DIEGO, June 17, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that a utility in the State of Hawaii deployed two EV ARC™ solar-powered EV charging systems to charge utility fleet electric vehicles and an ARC Mobility™ trailer to move them around. Each charging system includes an emergency power panel that can provide power to utility equipment and first responders in the event of extreme weather events, emergencies and grid outages.

Hawaiian Utility Deploys EV ARC™ Solar-Powered EV Charging Systems and ARC Mobility™ Trailer

Beam Global's (BEEM) CEO Desmond Wheatley on Q1 2021 Results - Earnings Call Transcript

Shares of Beam Global (NASDAQ:BEEM) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 22.22% year over year to ($0.14), which beat the estimate of ($0.17).

Beam Global: Q1 Earnings Insights

Beam Global Reports Fiscal Q1 2021 Financial Results

SAN DIEGO, May 20, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the Fiscal First Quarter 2021 financial results will take place on Monday May 24, 2021 after market close. Management will host a conference call at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.

Beam Global Schedules Fiscal First Quarter 2021 Financial Results Conference Call for May 24, 2021 at 4:30 p.m. ET

SAN DIEGO, May 13, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it will be postponing its Fiscal First Quarter 2021 financial results conference call, originally scheduled for Thursday May 13, 2021. Beam Global and its recently engaged independent auditors need additional time to complete its Quarterly Report on Form 10-Q for the first quarter ended March 31, 2021. The conference call will be rescheduled.

Beam Global Postpones Fiscal First Quarter 2021 Financial Results Conference Call Originally Scheduled for May 13, 2021 at 4:30 p.m. ET

Beam Global (BEEM) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

SAN DIEGO, May 05, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it will report its Fiscal First Quarter 2021 financial results on Thursday May 13, 2021 after market close. Management will host a conference call at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.

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