Core Viewpoint - Beam Global reported a successful second quarter in 2025, achieving revenue growth and the highest GAAP Gross Margin in its history, while expanding its global market presence through the establishment of Beam Middle East [4]. Financial Highlights - Revenues for Q2 2025 were $7.1 million, a 12% increase from Q1 2025 [5]. - 60% of revenues for the first half of 2025 came from commercial customers, with 37% from international operations [5][6]. - GAAP Gross Margin was 20% for Q2 2025, up 4 percentage points from Q2 2024, while adjusted non-GAAP Gross Margin was 30%, a 12 percentage point increase from the previous year [5][7]. - Operating costs decreased by $1.2 million, or 17%, compared to Q2 2024 [8]. - The net loss for Q2 2025 was $4.3 million, an improvement from $4.9 million in Q2 2024 [9]. Recent Operational Highlights - Beam Global established Beam Middle East LLC, a joint venture to sell and manufacture products in the Middle East and Africa [5]. - The company shipped products to 13 U.S. states and multiple European countries, including Serbia, Romania, and Croatia [5]. - Beam Global received a Sustainability Award for Innovation in Infrastructure at the 2025 Romanian Mayors Congress [5]. - The company expanded its energy storage systems business, securing contracts totaling $2.5 million with defense customers [5]. Cash Position - As of June 30, 2025, Beam Global had cash of $3.4 million, an increase from $2.5 million at the end of Q1 2025 [10]. - The company remains debt-free with a $100 million line of credit available and unused [5]. Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure and electric vehicle charging solutions, with operations in the U.S., Europe, and the Middle East [15]. - The company develops and manufactures advanced clean technology solutions aimed at enhancing energy security and supporting smart city initiatives [15].

Core Insights - Beam Global has entered a joint venture with Platinum Group LLC to form Beam Middle East LLC, focusing on sustainable infrastructure solutions for transportation electrification and energy security in the Middle East and Africa [1][2][3] Company Overview - Beam Global is a clean technology innovator specializing in sustainable infrastructure products and technologies, with operations in the U.S. and Europe [10] - Platinum Group UAE is a diversified conglomerate with strong relationships across government and industry, chaired by His Royal Highness Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan [9] Joint Venture Details - Beam Middle East LLC will be a 50/50 joint venture, headquartered in Masdar City, Abu Dhabi, and will manufacture and sell Beam Global's patented technologies [8] - Beam Global will provide proprietary technologies, training, and marketing support, while Platinum Group will leverage its local relationships and coordinate sales [8] Market Potential - Planned spending on sustainable infrastructure in the region is projected to reach $75.6 billion by 2030, indicating significant growth opportunities for Beam Global's solutions [3] - The number of electric vehicles (EVs) in the region is expected to grow from approximately 69,000 in 2024 to about 1.5 million by 2030, representing a CAGR of 66.6% [6] - Addressable revenue from regional chargers using Beam's EV ARC™ units could reach $516.5 million by 2030 [6] Product Opportunities - BeamBike™ units could represent a revenue opportunity of $245 million in the region by 2030, assuming eBikes account for 5% of total EV volume [6] - The potential revenue opportunity for BeamSpot™ units in Abu Dhabi is estimated at approximately $322.1 million, assuming a market penetration of 5% [6] Strategic Importance - The partnership is positioned to leverage Platinum's influence and relationships to secure direct access to decision-makers in the region, which is crucial for success in the Middle East and Africa [3][8]

Core Viewpoint - Beam Global reported its Q1 2025 financial results, highlighting a revenue of $6.3 million and a focus on international expansion despite challenges in the U.S. market [1][4]. Financial Highlights - Revenues for Q1 2025 were $6.3 million, with a revenue CAGR of 60% over the past 60 months [5][7]. - Gross profit for the quarter was $0.5 million, representing an 8% gross margin, down from $1.5 million and 10% in Q1 2024 [8]. - The company reported a net loss of $15.5 million for Q1 2025, which included $12.5 million in non-cash expenses [10]. Operational Highlights - Sales of the flagship product EV ARC™ increased in Q1 2025, with a significant shift towards enterprise customers, which accounted for 53% of revenues compared to 16% in Q1 2024 [5][4]. - International customers contributed 25% of total revenue, up from 11% in the same period last year [5]. - The company achieved CE certification for EV ARC™ and expanded its European sales network with three new distribution partners [7]. Cash and Liquidity - As of March 31, 2025, the company had cash of $2.5 million, down from $4.6 million at the end of 2024 [11]. - The net cash used in operations for Q1 2025 was $1.8 million, an improvement from $3.0 million in Q1 2024 [11]. Goodwill and Operating Expenses - Total operating expenses for Q1 2025 were $16.0 million, including a $10.8 million goodwill impairment due to a decrease in market capitalization [9]. - Operating expenses, net of non-cash items, were $4.1 million, a slight increase from $3.8 million in Q1 2024 [9]. Future Outlook - The CEO expressed confidence in the company's ability to return to growth, citing a strong foundation for future opportunities despite current market uncertainties [4].

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 - Micropolis Holding Co. has initiated the testing phase of its collaboration with SEE Holding Ltd to deploy advanced robotics and AI-driven security solutions in The Sustainable City 2.0 project [1][4] - The Sustainable City is designed to utilize intelligent systems to improve performance and efficiency while aiming for net zero emissions by 2050 [3] - The collaboration includes integrated command systems, autonomous fleets, smart mobility applications, edge computing, and computer vision technologies [4][5] Company Overview - Micropolis specializes in unmanned ground vehicles, AI systems, and smart infrastructure for urban, security, and industrial applications [6] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [6] SEE Holding Overview - SEE Holding focuses on sustainable infrastructure and city development through its operational verticals: SEE Solutions, SEE Developers, and SEE Engineering [7] - The company aims to achieve net zero emissions and the 2050 UN targets while developing inclusive communities that prioritize education, healthcare, and overall well-being [8]

Core Insights - HA Sustainable Infrastructure Capital (HASI) reported a revenue of $28.45 million for the quarter ended March 2025, reflecting a decline of 32.1% year-over-year and a surprise of -13.78% compared to the Zacks Consensus Estimate of $33 million [1] - The company's earnings per share (EPS) was $0.64, consistent with the consensus estimate but down from $0.68 in the same quarter last year [1] Revenue Breakdown - Gain on sale of assets was reported at $18.67 million, exceeding the average estimate of $13.56 million by four analysts, but showing a year-over-year decline of 34.8% [4] - Rental income was $0.08 million, surpassing the average estimate of -$0.09 million from three analysts, representing a significant year-over-year decrease of 95.5% [4] - Interest income was $66.39 million, slightly below the estimated $67.66 million by three analysts, with a year-over-year decline of 3.4% [4] - Other income was reported at $4.80 million, exceeding the average estimate of $4.24 million from two analysts [4] - Securitization asset income was $7 million, surpassing the average estimate of $5.19 million from two analysts, indicating a year-over-year increase of 42.9% [4] Stock Performance - Over the past month, shares of HA Sustainable Infrastructure Capital have returned +6.5%, compared to a +10.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - Micropolis Holding Co. has signed a non-legally binding Memorandum of Understanding (MoU) with SEE Holding Ltd to support the development of The Sustainable City 2.0, which is AI-driven, net zero, and human-centric [1][4] - The partnership will enable the deployment of advanced robotics, AI surveillance systems, smart mobility applications, and edge computing across SEE Holding's sustainable city projects globally [2][4] - This collaboration builds on a long-standing relationship, with SEE Holding being one of Micropolis' first investors since its inception in 2014 [3] Company Overview - Micropolis specializes in the design, development, and manufacturing of autonomous mobile robots (AMRs), AI systems, and smart infrastructure for urban, security, and industrial applications [7] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [7] Strategic Partnership Details - The MoU outlines a strategic partnership focused on integrating AI and robotics into The Sustainable City 2.0's infrastructure, including command systems for city operations and autonomous fleets [4][6] - A joint R&D program will be initiated to enhance sustainable urban technologies, aiming to improve operational efficiency, resident experience, and environmental performance [5] SEE Holding Overview - SEE Holding is a UAE-based global holding group focused on sustainable infrastructure and city development through its operational verticals: SEE Solutions, SEE Developers, and SEE Engineering [8] - The company is committed to achieving net zero emissions and developing inclusive communities that prioritize education, healthcare, and overall well-being [9]