Workflow
Beam (BEEM)
icon
Search documents
Beam Global Announces Third Quarter 2025 Operating Results
Globenewswire· 2025-11-14 21:31
Core Viewpoint - Beam Global reported a significant decrease in revenues for Q3 2025, largely attributed to unfavorable order timing, while simultaneously making strategic expansions into the Middle East and enhancing its product offerings for electric mobility solutions [4][6][7]. Recent Operational Highlights - The company opened offices in the Middle East and entered the MEA market through a joint venture in Abu Dhabi [5]. - Beam Global deployed EV ARC™ and BeamBike™ systems in Abu Dhabi and BeamWell™ in Jordan for the Royal Jordanian Armed Forces [5]. - The company signed reselling agreements in the U.S. and Europe and renewed its GSA Multiple Award Schedule contract through October 2030 [5]. - Beam Global received several new patents, enhancing its competitive position [5]. Financial Highlights - For Q3 2025, revenues were $5.8 million, a 50% decrease from $11.5 million in Q3 2024, with 82% of revenues coming from non-government commercial entities [6]. - For the first nine months of 2025, revenues decreased 53% to $19.2 million compared to $40.9 million in the same period in 2024, with non-government commercial revenues growing to 67% [7]. - Gross margin for Q3 2025 was -1%, compared to 11% in Q3 2024, while adjusted non-GAAP gross margin was 22%, a 4-percentage point increase from the previous year [8][9]. - Operating expenses for Q3 2025 were $4.8 million, a significant reduction from $11.6 million in Q3 2024, reflecting improved operational efficiencies [11]. - The net loss for Q3 2025 was $4.9 million, compared to a net profit of $1.3 million in Q3 2024 [13]. Cash Position - As of September 30, 2025, the company had cash of $3.3 million, down from $4.6 million at the end of 2024, with working capital of $10.9 million [15].
Beam Global Q3 Earnings Preview (NASDAQ:BEEM)
Seeking Alpha· 2025-11-13 22:35
Group 1 - The article does not provide any specific content related to a company or industry [1]
Beam Global to Release Q3 2025 Operating Results, Conference Call Scheduled for November 14, 2025 at 4:30 p.m. ET
Globenewswire· 2025-11-12 20:15
Core Viewpoint - Beam Global, a provider of sustainable infrastructure solutions for electrification and energy security, will report its Q3 2025 operating results on November 14, 2025, after market close [1] Group 1: Conference Call Details - The conference call to discuss financial results will take place on November 14, 2025, at 4:30 p.m. ET [2] - Callers are required to pre-register for the call using a provided link and should dial in approximately 10 minutes before the scheduled start time [2] Group 2: Company Overview - Beam Global specializes in clean technology, focusing on sustainable energy infrastructure, EV charging solutions, energy storage, and Smart Cities Infrastructure [4] - The company operates in the U.S., Europe, and the Middle East, and is headquartered in San Diego, CA, with additional facilities in Broadview, IL, Serbia, and Abu Dhabi, UAE [4] - Beam Global is listed on Nasdaq under the symbol BEEM [4]
Beam Global to Release Q3 2025 Operating Results, Conference Call Scheduled for November 14, 2025 at 4:30 p.m. ET
Globenewswire· 2025-11-12 20:15
Core Insights - Beam Global will report its Q3 2025 operating results on November 14, 2025, after market close [1] - A conference call will be held on the same day at 4:30 p.m. ET to discuss financial results and corporate developments [1] - The company is a provider of sustainable infrastructure solutions focused on electrification of transportation and energy security [4] Conference Call Details - Date of the conference call: November 14, 2025 [2] - Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific [2] - Toll-Free Dial-In Number: 1-844-739-3880; International Dial-In Number: 1-412-317-5716 [2] - Callers are required to pre-register for the call [2] Company Overview - Beam Global is a clean technology innovator developing sustainable infrastructure products and technologies [4] - The company operates in the U.S., Europe, and the Middle East, focusing on clean energy and transportation [4] - Beam Global is headquartered in San Diego, CA, with additional facilities in Broadview, IL, Belgrade, Kraljevo, Serbia, and Abu Dhabi, UAE [4]
Morning Market Movers: GTI, SI, BILL, BRCB See Big Swings
RTTNews· 2025-11-12 12:32
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Shoulder Innovations, Inc. (SI) is up 14% at $13.01 [3] - BILL Holdings, Inc. (BILL) is up 11% at $52.14 [3] - On Holding AG (ONON) is up 8% at $38.24 [3] - CuriosityStream Inc. (CURI) is up 8% at $4.08 [3] - Clearwater Analytics Holdings, Inc. (CWAN) is up 7% at $19.80 [3] - Valhi, Inc. (VHI) is up 7% at $14.54 [3] - Beam Global (BEEM) is up 7% at $2.29 [3] - FGI Industries Ltd. (FGI) is up 6% at $5.66 [3] - The Honest Company, Inc. (HNST) is up 6% at $2.68 [3] - China Automotive Systems, Inc. (CAAS) is up 5% at $4.40 [3] Premarket Losers - Graphjet Technology (GTI) is down 22% at $3.02 [4] - Black Rock Coffee Bar, Inc. (BRCB) is down 10% at $21.90 [4] - Rain Enhancement Technologies Holdco, Inc. (RAIN) is down 9% at $4.90 [4] - Stereotaxis, Inc. (STXS) is down 9% at $2.59 [4] - Biohaven Ltd. (BHVN) is down 8% at $7.82 [4] - Epsium Enterprise Limited (EPSM) is down 7% at $3.15 [4] - Cycurion, Inc. (CYCU) is down 7% at $3.13 [4] - Galecto, Inc. (GLTO) is down 6% at $22.09 [4] - Anbio Biotechnology (NNNN) is down 6% at $21.68 [4] - Ridgetech, Inc. (RDGT) is down 5% at $3.46 [4]
Beam Global Awarded Sourcewell Cooperative Contract
Globenewswire· 2025-11-12 11:00
Core Insights - Beam Global has been awarded a cooperative purchasing contract by Sourcewell, allowing the company to expand its offerings to U.S. Military, state and local government agencies, and higher education institutions across North America [1][2][3] Group 1: Contract Details - The Sourcewell contract falls under the Electric Vehicle Supply Equipment with Related Services category, enabling streamlined procurement for public sector and educational organizations [1][2] - The contract was secured after a rigorous request for proposal (RFP) process, ensuring compliance with local procurement requirements and recognizing exceptional value and service [2] Group 2: Benefits of the Contract - The contract simplifies the purchasing process for state and local governments, allowing them to acquire Beam Global's products without lengthy procurement procedures [3] - Beam Global's CEO highlighted that this contract provides an easy way for potential customers to access secure and sustainable electricity and EV charging solutions [3] Group 3: Company Background - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, and smart city infrastructure, with operations in the U.S., Europe, and the Middle East [5] - The company has a history of successful engagements with government entities through multiple state contracts and its GSA Multiple Award Schedule (MAS) contract [3]
Beam Global Awarded Sourcewell Cooperative Contract
Globenewswire· 2025-11-12 11:00
Core Insights - Beam Global has been awarded a cooperative purchasing contract by Sourcewell, allowing the company to expand its offerings to U.S. Military, state and local government agencies, and higher education institutions across North America [1][2] Group 1: Contract Details - The Sourcewell contract falls under the Electric Vehicle Supply Equipment with Related Services category, enabling public sector and educational organizations to procure Beam Global's sustainable infrastructure and energy storage solutions [1][2] - The contract was secured after a rigorous request for proposal (RFP) process, ensuring compliance with local procurement requirements and recognizing exceptional value and service [2] Group 2: Benefits of the Contract - The contract simplifies the purchasing process for state and local governments, allowing them to acquire Beam Global's products without lengthy procurement procedures [3] - Beam Global's CEO highlighted that this contract provides an efficient pathway for potential customers to access secure and sustainable electricity and EV charging solutions [3] Group 3: Company Background - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, energy security, and smart city infrastructure [5] - The company operates in the U.S., Europe, and the Middle East, developing unique and advanced clean technology solutions [5]
Eve Air Mobility ($EVEX) | Intuitive Machines ($LUNR) | Beam Global ($BEEM) | Vision Marine ($VMAR)
Youtube· 2025-11-04 13:57
Group 1 - Eve Air Mobility has signed a framework agreement with Bahrain's Ministry of Transportation and Telecommunications to advance sustainable EV toll air mobility across the Middle East [1] - The partnership aims to develop regulations, infrastructure, and training for zero emission operations, with commercial flights planned for 2028 and international routes by 2029 [2] - Intuitive Machines has announced an $800 million agreement to acquire Lanter Space Systems, which will transform it into a vertically integrated space company capable of designing, building, and operating missions from Earth's orbit to the moon, Mars, and beyond [2] Group 2 - Beam Global will debut its EV Arc solar-powered EV charging system and Beam Bike off-grid e-bike charger in Abu Dhabi, marking its first product deployment in the UAE [3] - This deployment aligns with the region's sustainability and smart city goals, showcasing renewable and rapidly deployable charging solutions [3] - Vision Marine Technologies has filed a patent for an intelligent cooling inlet assembly on its Emotion 180E electric outboard motor, enhancing efficiency, reliability, and performance [4]
Beam Middle East to Introduce EV ARC™ and BeamBike™ at DRIFTx in Abu Dhabi
Globenewswire· 2025-11-04 11:00
Core Insights - Beam Global is showcasing its EV ARC™ solar-powered electric vehicle charging system and BeamBike™ off-grid eBike charging system at DRIFTx in Abu Dhabi, marking its first deployment in the UAE [1][2][3] - The event is part of Abu Dhabi Autonomous Week and focuses on smart and autonomous mobility, attracting global innovators, investors, and regulators [2][3] Company Overview - Beam Global is a clean technology innovator that develops sustainable infrastructure products and technologies, focusing on clean energy and transportation [4] - The company operates in the U.S., Europe, and the Middle East, with a headquarters in San Diego, CA, and facilities in Broadview, IL, Belgrade, Kraljevo, Serbia, and Abu Dhabi, UAE [4] Product Highlights - The EV ARC™ and BeamBike™ systems provide renewable, rapidly deployable, and grid-independent charging infrastructure, aligning with the region's sustainability goals [2] - These systems support the growth of electric vehicles and e-bikes without the need for construction, permitting, or grid connection [2] Leadership Engagement - Beam Global's CEO Desmond Wheatley and Head of Beam Europe Operations Ivan Tlačinac will engage with government leaders and mobility innovators at the event [3] - Wheatley is scheduled to deliver a presentation titled "Powering Autonomy: Building Resilient, Electrified Cities for the Age of Intelligent Mobility" [3]
Canadian Solar ($CSIQ) | Joby Aviation ($JOBY) | Hyliion ($HYLN) | Beam Global ($BEEM)
Youtube· 2025-10-29 13:40
Group 1: Canadian Solar - Canadian Solar's subsidiary E storage has achieved commercial operation of a 220 megawatt hour battery energy storage project in South Australia [1] - The project utilizes E storage's soul bank technology and is paired with a 46 megawatt solar farm [1] - This initiative enhances grid stability and supports South Australia's goal of reaching 100% renewable electricity by 2027 [1] Group 2: Joby Aviation - Joby Aviation has partnered with Nvidia as the exclusive aviation launch partner for the new IGX Thor platform [2] - This collaboration aims to accelerate the development of Joby's super pilot autonomous flight system for defense and civil aviation applications [2] Group 3: Hilleon and Beam Global - Hilleon's Carno power module has completed 100 days of operation without any hardware-related unplanned downtime, showcasing its reliability [3] - The module's durability and low-maintenance design position it for broader commercial deployment in 2026 [3] - Beam Global has received a new patent in China for its light tracking assembly for solar and wind power energy, optimizing solar capture in hybrid systems [3] - The patented design enhances the performance of Beam Global's EV chargers by eliminating shading from wind turbines [3]