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.

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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.

SAN DIEGO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that the Naval Facilities Engineering Systems Command (NAVFAC) placed multiple orders with each order containing multiple Beam Global EV ARC™ sustainable off-grid charging systems. The systems will be used for fleet charging and will be deployed at locations in Florida, Hawaii, Louisiana, Mississippi and Texas. NAVFAC, which provides the U.S. Navy and U.S. Marine Corps with facilities and expeditionary expertise, placed the order through General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing.

Beam Global Receives Multiple Orders from the Naval Facilities Engineering Systems Command (NAVFAC) for EV ARC™ Sustainable EV Charging Infrastructure Systems

SAN DIEGO, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced a continued stream of orders from California State Agencies for 2022 year-to-date, with EV ARC™ systems ordered for the Department of General Services (DGS), California Highway Patrol (CHP), Department of Parks and Recreation, Department of State Hospitals, California Military Department (CMD), Department of Public Health (CDPH) and Civilian Marksmanship Program (CMP). The systems were purchased using the California Department of General Services (DGS) contract #1-22-61-16 which simplifies the state procurement process and ensures best negotiated pricing.

Beam Global Sees Continuing Orders of EV ARC™ Solar-Powered EV Charging Systems for Multiple California State Agencies

SAN DIEGO, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that a nuclear waste management federal contractor has ordered multiple EV ARC sustainable charging systems and an ARC Mobility™ trailer for efficient system transport. The systems were purchased using 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 Order from Nuclear Waste Management Site for Multiple EV ARC™ Solar EV Charging Systems

SAN DIEGO, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that another 23 EV ARC™ systems have been delivered to Federally Funded Research and Development Centers. The latest systems were purchased using the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing.

Beam Global Delivers 23 EV ARC™ Charging Systems to Federally Funded Research and Development Centers

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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 Operator Good afternoon and welcome to the Beam Global Second Quarter 2022 Financial Results and Corporate Update Conference Call.

Beam Global (BEEM) CEO Desmond Wheatley on Q2 2022 Results - Earnings Call Transcript

Beam Global (BEEM) delivered earnings and revenue surprises of -47.37% and 17.14%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Beam Global (BEEM) Reports Q2 Loss, Tops Revenue Estimates

Conference Call Friday August 12, 2022 at 4:30 p.m. ET Conference Call Friday August 12, 2022 at 4:30 p.m. ET

Beam Global Reports Fiscal Q2 2022 Financial Results

SAN DIEGO, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that it will report its Fiscal Second Quarter 2022 financial results on Friday August 12, 2022. Management will host a conference call on Friday August 12, 2022 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 Second Quarter 2022 Financial Results Conference Call for August 12, 2022 at 4:30 p.m. ET

SAN DIEGO, July 28, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced a $927k order for Beam Global's energy storage solutions to power autonomous on-demand delivery drones. The battery packs include Beam's patented thermal management technology for superior safety, higher energy density and longer life. The customer is an American company that designs, manufactures and operates an automated delivery system.

Beam Global Receives $900k Battery Order to Power Autonomous Delivery Drones

245 Volvo CE Dealer locations in North America can now bundle EV ARC™ transportable charging systems with Volvo compact electric construction machines through the Extended Offer Program 245 Volvo CE Dealer locations in North America can now bundle EV ARC™ transportable charging systems with Volvo compact electric construction machines through the Extended Offer Program

Beam Global and Volvo CE Announce Partnership to Offer Off-Grid EV Charging Systems with Volvo Electric Construction Equipment

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Beam is experiencing rapid revenue growth. The company's cash position is quite strong even against heavy cash burn.

Beam Global: Building Revenue One Charge At A Time

SAN DIEGO, June 29, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that the State of California has awarded contract #1-22-61-16 to supply EV ARC™ sustainable EV charging systems through the Department of General Services (DGS) to Beam Global. California state, local and municipal government entities, and government entities in other U.S. states, can purchase Beam products at the California negotiated price, without having to go through a lengthy procurement or technology review process. The award is effective June 24, 2022 through June 23, 2025 and is eligible for renewal through June 23, 2027.

Beam Global Awarded New State of California Contract for Rapidly Deployed Sustainable EV Charging Infrastructure Products

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Conference Call Wednesday May 25, 2022 at 4:30 p.m. ET Conference Call Wednesday May 25, 2022 at 4:30 p.m. ET

Beam Global Reports Fiscal Q1 2022 Financial Results

SAN DIEGO, May 24, 2022 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that it will report its Fiscal First Quarter 2022 financial results on Tuesday May 24, 2022. Management will host a conference call on Wednesday May 25, 2022 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 2022 Financial Results Conference Call for May 25, 2022 at 4:30 p.m. ET

Program aims to accelerate the electrification of the federal fleet by making EV charging solutions easier to purchase Program aims to accelerate the electrification of the federal fleet by making EV charging solutions easier to purchase

Beam Global Awarded Federal Blanket Purchase Agreement (BPA) for Electric Vehicle Charging Infrastructure

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BEEM has an excellent product selling well; it has a growing order book and a powerful sales funnel.

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Beam Global (BEEM) CEO Desmond Wheatley on Q4 2021 Results - Earnings Call Transcript

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