SAN DIEGO, July 17, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that management from Beam Global, Beam Europe and the Platinum Group LLC, performed the official signing ceremony creating Beam Middle East in the Emirate of Abu Dhabi, United Arab Emirates (UAE). As previously reported, Beam Global and the Platinum Group will form a new entity, Beam ...

SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has entered into a joint venture agreement with the Platinum Group LLC, based in the United Arab Emirates (UAE). Chaired by His Royal Highness, Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, the Platinum Group UAE is recognized for its well-established and trusted relationships ...

Beam Global (BEEM) reported an adjusted loss of 32 cents per share in the first quarter of 2025, wider than the Zacks Consensus Estimate of a loss of 16 cents. The company had incurred a loss of 21 cents per share in the year-ago quarter. The company reported net sales of $6.3 million in the quarter, which missed the Zacks Consensus Estimate of $15 million and fell from the year-ago quarter’s $14.6 million.The year-over-year decline in revenues was primarily due to uncertainty surrounding the U.S. governmen ...

Beam Global (BEEM) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Lisa Potok - Chief Financial OfficerDesmond Wheatley - Chairman, Chief Executive Officer & PresidentNoel Parks - Managing Director - Energy Research Conference Call Participants Ryan Pfingst - Senior Research Analyst Operator Good day, and welcome to the Beam Global First Quarter twenty twenty five Operating Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. ...

Beam Global (BEEM) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Good day, and welcome to the Beam Global First Quarter twenty twenty five Operating Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Lisa Potok, Chief Financial Officer. Please go ahead. Speaker1 Hi. Good afternoon and thank you for participating in Beam Global's first quarter twenty twenty five operating results conferen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to ________________ Commission File Number 001-38868 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (Stat ...

SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net ca ...

Core Viewpoint - Beam Global, a provider of sustainable infrastructure solutions for electrification and energy security, will report its Q1 2025 operating results on May 15, 2025, after market close, followed by a conference call to discuss the results and corporate developments [1]. Group 1: Conference Call Details - The conference call is scheduled for May 15, 2025, at 4:30 p.m. Eastern / 1:30 p.m. Pacific [2]. - Callers are required to pre-register for the call through a provided link and should dial in approximately 10 minutes before the scheduled start time [2]. Group 2: Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, energy storage, and energy security [4]. - The company operates in the U.S. and Europe, developing and manufacturing advanced clean technology solutions [4]. - Beam Global is headquartered in San Diego, CA, with additional facilities in Broadview, IL, and Serbia [4].

Core Insights - Beam Global has reported a 23% quarter-over-quarter increase in orders for its EV ARC™ off-grid solar-powered charging units, indicating a growing demand for clean infrastructure solutions despite a reduction in federal demand [2][4] - The company is shifting its focus towards commercial customers while still receiving orders from federal entities, reflecting a strategic adaptation to market conditions [4] Company Overview - Beam Global is a clean technology innovator that develops sustainable infrastructure products and technologies, focusing on the intersection of clean energy and transportation [6][7] - The company operates in the U.S. and Europe, with headquarters in San Diego, CA, and additional facilities in Broadview, IL, and Serbia [7] Market Demand - The increase in orders aligns with the growth of electric vehicle sales in the U.S., which have risen by 29% globally and 16% in North America in 2025 [4] - Recent orders have come from a diverse range of clients, including municipal and county governments, state and federal agencies, environmental organizations, and private sector companies in construction, clean energy, and technology [3]

Core Insights - Beam Global has successfully sold its first EV ARC™ systems in Romania, marking a significant step in the country's transition to renewable energy in line with EU climate goals [1][2] - Romania aims for 34% renewable energy production by 2030, prioritizing clean transportation solutions, which aligns with Beam Global's offerings [2] - The sales were facilitated by Seltis Glass Design SRL, a local reseller with a successful history in selling infrastructure products, demonstrating Beam Global's effective strategy of leveraging local partnerships [3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in the nexus of clean energy and transportation [6] - The company develops and manufactures scalable EV charging solutions, energy storage, and energy security products, with operations in the U.S. and Europe [6] - Beam Global has been recognized for its innovative contributions to clean mobility and energy efficiency, receiving an award at the 2025 Congress of Mayors in Romania [4][5] Market Context - Romania is experiencing rapid economic growth and significant investment in electrification and sustainable energy infrastructure, creating a favorable environment for Beam Global's products [5] - The company's strategy of geographic expansion through local resellers allows for increased sales without significant investment, which is crucial for growth in emerging markets [5]