Beam Global (NASDAQ:BEEM) Q3 2022 Results Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Desmond Wheatley - President, Chief Executive Officer and Chairman Kathy McDermott - Chief Financial Officer Conference Call Participants Tyler DiMatteo - BTIG Tate Sullivan - Maxim Group Craig Irwin - ROTH Capital Partners Christopher Souther - B. Riley Noel Parks - Tuohy Brothers Stephen Wagner - Integrity Wealth Advisors Cliff Weinstein - Private Investor Operator Good day and welcome to t ...

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 September 30, 2022 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 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 ( ...

Beam Global (NASDAQ:BEEM) Q2 2022 Earnings Conference Call August 12, 2022 4:30 PM ET Company Participants Desmond Wheatley - President, Chief Executive Officer and Chairman Kathy McDermott - Chief Financial Officer Conference Call Participants Christopher Souther - B. Riley Tate Sullivan - Maxim Group Amit Dayal - HCW Noel Parks - Tuohy Brothers Investment Research Joseph Miranda - Private Investor James McCulloch - Private Investor Frank Hart - High Capital Funding Allen Ginsberg - Private Investor Operat ...

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 June 30, 2022 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 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (State ...

Revenue Growth - Revenues increased 175% from $1.4 million in Q1 2021 to $3.8 million in Q1 2022, driven by investments in sales and marketing and the acquisition of All Cell Technologies [73]. - Revenues from federal customers and corporate enterprises showed strong growth, with California representing 48% of total revenues, primarily from state agencies and municipalities [80]. - Revenue for Q1 2022 was 175% higher than Q1 2021, continuing the trend of significant revenue growth [91]. Acquisition and Product Development - The acquisition of All Cell Technologies is expected to improve gross margins by utilizing Beam's All Cell battery technology at a lower cost [74]. - The company recorded $0.4 million in revenues for energy storage in March 2022 following the acquisition of All Cell Technologies [80]. - The acquisition of All Cell Technologies, LLC was completed for approximately $14.4 million in stock and $0.8 million in cash, aimed at enhancing manufacturing capabilities and revenue [94]. - The company is developing new patented products, EV Standard™ and UAV ARC™, to expand its product offerings and enter new markets [76]. Market Trends - The electric vehicle market is projected to grow significantly, with 61 new electric vehicles expected to launch in 2022, increasing demand for EV charging infrastructure [73]. Cost Management and Margins - Gross margins improved in Q1 2022 compared to Q1 2021, despite inflation and supply chain cost increases, with expectations for further reductions in product costs [77]. - The company expects to see a decrease in cost per unit as material costs normalize post-pandemic, contributing to improved gross profit margins [81]. - Management anticipates that increased production volumes and efficiencies will lead to reduced fixed overhead costs per unit [91]. - The company is implementing lean manufacturing process improvements to reduce costs and increase gross margins [77]. Financial Performance - Total operating expenses increased by 79% to $2.0 million for Q1 2022, compared to $1.1 million for the same period in the prior year [82]. - Cash used in operating activities was $1.9 million for Q1 2022, up from $0.9 million for the same period in 2021 [86]. - The company had cash of $19.2 million as of March 31, 2022, down from $21.9 million at December 31, 2021 [83]. - Current assets increased to $28.0 million at March 31, 2022, while current liabilities rose to $6.1 million, resulting in a decrease in working capital to $21.8 million [90]. - For the quarter ended March 31, 2022, the gross loss was $0.3 million, or 8% of sales, an improvement from $0.1 million, or 11% of sales in the same quarter of the prior year [81]. Contracts and Procurement - Beam is engaged in a contract renewal process with the State of California's Department of General Services to streamline procurement for EV ARCs [80]. - The company has 505,714 warrants remaining that could generate an additional $3.2 million in proceeds over the next two years [93].

NASDAQ: BEEM, BEEMW BEAM Sustainable Technology Innovations for EV Charging, Energy Storage, Energy Security and Outdoor Media Beam Global Corporate Presentation March 2022 BeamForAll.com Forward Looking Statements Disclaimer Footer text (go 'Insert > Header & Footer' to edit) 2 While we have taken steps to present accurate information, there may be changes in circumstances or assumptions not captured since its composition. Except for historical information presented in this slide show, any forward-looking ...

Beam Global (NASDAQ:BEEM) Q4 2021 Earnings Conference Call March 30, 2022 4:30 PM ET CompanyParticipants Kathy McDermott - Chief Financial Officer Desmond Wheatley - President, Chairman & Chief Executive Officer Conference Call Participants Noel Parks - Tuohy Brothers Investment Research Amit Dayal - H.C. Wainwright & Co. Operator Good day and welcome to the Beam Global Year-end 2021 Financial Results and Corporate Update Conference Call. All participants will be in a listen-only mode. [Operator Instruction ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report under Section 13 or 15 (d) of Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 or ☐ Transition Report under Section 13 or 15 (d) of Securities Exchange Act of 1934 For the transition period from __________ to __________ Commission File Number 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (State of Incorporation) (IRS E ...

Beam Global (NASDAQ:BEEM) Q3 2021 Earnings Conference Call November 11, 2021 4:30 PM ET Company Participants Kathy McDermott - CFO Desmond Wheatley - President, Chairman and CEO Conference Call Participants Tate Sullivan - Maxim Group Tyler Bailey - Needham & Company Amit Dayal - H.C. Wainwright Operator Good day, and welcome to the Beam Global Third Quarter 2021 Financial Results and Corporate Update Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the confe ...

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 September 30, 2021 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 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 ( ...