NASDAQ : BEEM
Beam Global — Financial statements
Technology · Solar · United States
Last price 0.8614 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 19.50M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Beam Global (BEEM) reported revenue of 26.53M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 26.53M | 28.24M | 49.34M | 67.35M | 22.00M | 9.00M |
| Cost of Revenue | 23.83M | 24.71M | 42.04M | 66.15M | 23.66M | 9.97M |
| Gross Profit | 2.70M | 3.52M | 7.30M | 1.20M | -1.67M | -972.00K |
| Selling, General & Admin | 19.44M | 19.79M | 21.57M | 14.71M | 11.21M | 5.23M |
| Research & Development | 600.00K | 600.00K | 1.80M | 2.30M | 1.20M | 400.00K |
| Operating Expenses | 20.04M | 20.39M | 23.37M | 17.01M | 12.41M | 5.63M |
| Operating Income | -17.34M | -16.86M | -16.07M | -15.80M | -14.08M | -6.60M |
| Interest Expense | -20.00K | -26.00K | -34.00K | -12.00K | -1.00K | -1.00K |
| Interest & Investment Income | 25.00K | 56.00K | 205.00K | 261.00K | 37.00K | 5.00K |
| Other Non Operating Income (Expenses) | -321.00K | 93.00K | 110.00K | -36.00K | ||
| EBT Excluding Unusual Items | -17.66M | -16.74M | -15.79M | -15.59M | -14.04M | -6.59M |
| Merger & Restructuring Charges | -200.00K | -100.00K | ||||
| Impairment of Goodwill | -10.78M | |||||
| Other Unusual Items | 112.00K | 112.00K | 4.42M | -259.00K | -5.54M | |
| Pretax Income | -17.54M | -27.41M | -11.38M | -16.05M | -19.68M | -6.59M |
| Income Tax Expense | -406.00K | -406.00K | -94.00K | 12.00K | 2.00K | 1.00K |
| Net Income | -17.14M | -27.00M | -11.28M | -16.06M | -19.68M | -6.60M |
| Net Income to Common | -17.14M | -27.00M | -11.28M | -16.06M | -19.68M | -6.60M |
| Shares Outstanding (Basic) | 19.77M | 16.81M | 14.62M | 12.35M | 9.91M | 8.88M |
| Shares Outstanding (Diluted) | 19.77M | 16.81M | 14.62M | 12.35M | 9.91M | 8.88M |
| EPS (Basic) | -0.87 | -1.61 | -0.77 | -1.30 | -1.99 | -0.74 |
| EPS (Diluted) | -0.87 | -1.61 | -0.77 | -1.30 | -1.99 | -0.74 |
| Free Cash Flow | -12.94M | -10.90M | -3.02M | -14.24M | -18.99M | -6.91M |
| Free Cash Flow Per Share | -0.66 | -0.65 | -0.21 | -1.15 | -1.92 | -0.78 |
| Gross Margin | 10.17% | 12.47% | 14.79% | 1.79% | -7.58% | -10.80% |
| Operating Margin | -65.36% | -59.72% | -32.58% | -23.46% | -64.00% | -73.31% |
| Profit Margin | -64.60% | -95.63% | -22.87% | -23.84% | -89.48% | -73.27% |
| Free Cash Flow Margin | -48.79% | -38.60% | -6.12% | -21.15% | -86.32% | -76.72% |
| EBITDA | -13.92M | -13.35M | -12.39M | -13.94M | -12.96M | -6.51M |
| EBITDA Margin | -52.49% | -47.26% | -25.11% | -20.70% | -58.91% | -72.27% |
| D&A For EBITDA | 3.42M | 3.52M | 3.68M | 1.86M | 1.12M | 93.00K |
| EBIT | -17.34M | -16.86M | -16.07M | -15.80M | -14.08M | -6.60M |
| EBIT Margin | -65.36% | -59.72% | -32.58% | -23.46% | -64.00% | -73.31% |
| Advertising Expenses | 100.00K | 200.00K | 300.00K | 200.00K | 100.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.02M | 969.00K | 4.57M | 10.39M | 1.68M | 21.95M |
| Cash & Short-Term Investments | 1.02M | 969.00K | 4.57M | 10.39M | 1.68M | 21.95M |
| Accounts Receivable | 6.74M | 8.24M | 8.03M | 15.94M | 4.43M | 3.83M |
| Other Receivables | 116.00K | 80.00K | 27.00K | |||
| Receivables | 6.74M | 8.24M | 8.03M | 16.06M | 4.51M | 3.85M |
| Inventory | 8.26M | 9.77M | 12.28M | 11.93M | 12.25M | 1.61M |
| Prepaid Expenses | 125.00K | 111.00K | 135.00K | 42.00K | 106.00K | 66.00K |
| Other Current Assets | 1.53M | 1.96M | 2.11M | 2.29M | 1.39M | 87.00K |
| Total Current Assets | 17.68M | 21.04M | 27.13M | 40.72M | 19.93M | 27.57M |
| Property, Plant & Equipment | 13.70M | 14.45M | 15.60M | 17.54M | 3.19M | 2.68M |
| Goodwill | 10.58M | 10.27M | 4.60M | |||
| Other Intangible Assets | 6.64M | 7.13M | 8.04M | 9.05M | 9.95M | 359.00K |
| Other Long-Term Assets | 135.00K | 113.00K | 119.00K | 62.00K | 62.00K | 52.00K |
| Total Assets | 38.16M | 42.73M | 61.46M | 77.64M | 37.73M | 30.66M |
| Accounts Payable | 5.99M | 5.92M | 8.96M | 9.73M | 2.87M | 1.57M |
| Accrued Expenses | 4.40M | 3.72M | 2.65M | 2.92M | 1.72M | 784.00K |
| Current Portion of Long-Term Debt | 70.00K | 68.00K | 63.00K | 40.00K | ||
| Current Portion of Leases | 415.00K | 484.00K | 696.00K | 615.00K | 628.00K | 468.00K |
| Current Unearned Revenue | 1.27M | 1.80M | 847.00K | 828.00K | 1.18M | 136.00K |
| Other Current Liabilities | 6.00K | 110.00K | 99.00K | 2.74M | 6.78M | |
| Total Current Liabilities | 12.15M | 12.11M | 13.31M | 16.87M | 13.17M | 2.96M |
| Long-Term Debt | 95.00K | 131.00K | 199.00K | 160.00K | ||
| Long-Term Leases | 1.34M | 815.00K | 971.00K | 455.00K | 1.07M | 1.61M |
| Long-Term Unearned Revenue | 586.00K | 690.00K | 800.00K | 402.00K | 266.00K | 118.00K |
| Long-Term Deferred Tax Liabilities | 1.17M | 1.20M | 1.29M | 1.70M | ||
| Other Long-Term Liabilities | 2.56M | 2.94M | 3.60M | 8.51M | 15.00K | |
| Total Liabilities | 17.90M | 17.89M | 20.17M | 28.10M | 14.52M | 4.68M |
| Common Stock | 22.00K | 19.00K | 15.00K | 14.00K | 10.00K | 9.00K |
| Additional Paid-In Capital | 162.35M | 156.45M | 147.07M | 142.26M | 100.50M | 83.59M |
| Retained Earnings | -141.58M | -131.65M | -104.64M | -93.36M | -77.30M | -57.62M |
| Comprehensive Income & Other | -533.00K | 26.00K | -1.16M | 624.00K | ||
| Shareholders' Equity | 20.26M | 24.84M | 41.29M | 49.54M | 23.21M | 25.98M |
| Total Liabilities & Equity | 38.16M | 42.73M | 61.46M | 77.64M | 37.73M | 30.66M |
| Total Debt | 1.92M | 1.50M | 1.93M | 1.27M | 1.70M | 2.08M |
| Net Cash (Debt) | -894.00K | -529.00K | 2.64M | 9.12M | -17.00K | 19.87M |
| Net Cash Per Share | -0.05 | -0.03 | 0.18 | 0.74 | -0.00 | 2.24 |
| Filing Date Shares Outstanding | 22.63M | 21.14M | 15.49M | 14.44M | 10.23M | 10.04M |
| Total Common Shares Outstanding | 22.27M | 19.12M | 14.84M | 14.40M | 10.18M | 8.97M |
| Working Capital | 5.53M | 8.93M | 13.81M | 23.85M | 6.76M | 24.61M |
| Book Value Per Share | 0.91 | 1.30 | 2.78 | 3.44 | 2.28 | 2.90 |
| Tangible Book Value | 13.61M | 17.72M | 22.67M | 30.22M | 8.66M | 25.62M |
| Tangible Book Value Per Share | 0.61 | 0.93 | 1.53 | 2.10 | 0.85 | 2.86 |
| Land | 8.45M | 8.66M | 7.53M | 7.93M | ||
| Machinery | 11.70M | 11.76M | 10.49M | 10.29M | 2.20M | 1.10M |
| Leasehold Improvements | 180.00K | 28.00K | ||||
| Order Backlog | 6.00M | 5.60M | 21.70M | 59.30M | 4.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -17.14M | -27.00M | -11.28M | -16.06M | -19.68M | -6.60M |
| Depreciation & Amortization | 5.10M | 4.53M | 4.50M | 2.47M | 1.12M | 125.00K |
| Asset Writedown & Restructuring Costs | 10.78M | |||||
| Stock-Based Compensation | 1.52M | 2.97M | 3.60M | 2.67M | 2.44M | 1.19M |
| Provision & Write-off of Bad Debts | 2.27M | 680.00K | -189.00K | -548.00K | ||
| Other Operating Activities | -101.00K | -94.00K | -4.22M | 259.00K | 5.54M | |
| Change in Accounts Receivable | -2.96M | -526.00K | 8.18M | -9.45M | -602.00K | -2.04M |
| Change in Inventory | 2.51M | 2.84M | -201.00K | 2.58M | -8.24M | -486.00K |
| Change in Accounts Payable | -1.34M | -3.34M | -889.00K | 4.83M | 1.29M | 816.00K |
| Change in Unearned Revenue | 195.00K | 790.00K | 445.00K | -1.23M | -24.00K | 146.00K |
| Change in Other Net Operating Assets | -2.64M | -1.53M | -2.14M | 1.49M | 49.00K | 441.00K |
| Operating Cash Flow | -13.16M | -10.48M | -2.19M | -13.31M | -18.11M | -6.41M |
| Capital Expenditures | 216.00K | -418.00K | -828.00K | -937.00K | -872.00K | -498.00K |
| Cash Acquisitions | -3.23M | -4.65M | -811.00K | |||
| Sale (Purchase) of Intangibles | -41.00K | -64.00K | -120.00K | -129.00K | -84.00K | |
| Investing Cash Flow | 175.00K | -482.00K | -4.05M | -5.71M | -1.81M | -582.00K |
| Long-Term Debt Issued | 61.00K | |||||
| Total Debt Issued | 61.00K | |||||
| Total Debt Repaid | 30.00K | |||||
| Net Debt Issued (Repaid) | 30.00K | 61.00K | ||||
| Issuance of Common Stock | 10.83M | 7.80M | 1.31M | 27.72M | 501.00K | 2.87M |
| Repurchase of Common Stock | -329.00K | -329.00K | -164.00K | -499.00K | -630.00K | |
| Other Financing Activities | -344.00K | |||||
| Financing Cash Flow | 10.53M | 7.47M | 1.20M | 27.72M | -342.00K | 2.24M |
| Foreign Exchange Rate Adjustments | 65.00K | -106.00K | -777.00K | 10.00K | ||
| Net Cash Flow | -2.39M | -3.60M | -5.82M | 8.71M | -20.27M | -4.75M |
| Free Cash Flow | -12.94M | -10.90M | -3.02M | -14.24M | -18.99M | -6.91M |
| Free Cash Flow Margin | -48.79% | -38.60% | -6.12% | -21.15% | -86.32% | -76.72% |
| Free Cash Flow Per Share | -0.66 | -0.65 | -0.21 | -1.15 | -1.92 | -0.78 |
| Levered Free Cash Flow | -1.88M | -2.06M | 1.32M | -14.19M | -8.82M | -4.57M |
| Unlevered Free Cash Flow | -1.86M | -2.04M | 1.34M | -14.18M | -8.82M | -4.57M |
| Cash Interest Paid | 20.00K | 26.00K | 34.00K | 12.00K | ||
| Cash Income Tax Paid | 10.00K | 10.00K | -94.00K | 12.00K | 1.00K | 1.00K |
| Change in Working Capital | -4.81M | -2.34M | 5.40M | -2.11M | -7.53M | -1.12M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 19.50M | 28.54M | 46.83M | 100.91M | 176.37M | 166.46M |
| Enterprise Value | 20.39M | 26.75M | 44.12M | 87.58M | 173.54M | 145.56M |
| Last Close Price | 0.86 | 1.50 | 3.17 | 7.09 | 17.47 | 18.60 |
| PS Ratio | 0.73 | 1.01 | 0.95 | 1.50 | 8.02 | 18.49 |
| PB Ratio | 0.95 | 1.15 | 1.13 | 2.04 | 7.60 | 6.41 |
| P/TBV Ratio | 1.43 | 1.61 | 2.07 | 3.34 | 20.37 | 6.50 |
| EV/Sales Ratio | 0.77 | 0.95 | 0.89 | 1.30 | 7.89 | 16.17 |
| Debt / Equity Ratio | 0.10 | 0.06 | 0.05 | 0.03 | 0.07 | 0.08 |
| Net Debt / Equity Ratio | 0.04 | 0.02 | -0.06 | -0.18 | 0.00 | -0.77 |
| Net Debt / EBITDA Ratio | -0.06 | -0.04 | 0.21 | 0.65 | -0.00 | 3.06 |
| Net Debt / FCF Ratio | -0.07 | -0.05 | 0.88 | 0.64 | -0.00 | 2.88 |
| Asset Turnover | 0.62 | 0.54 | 0.71 | 1.17 | 0.64 | 0.28 |
| Inventory Turnover | 2.44 | 2.24 | 3.47 | 5.47 | 3.42 | 7.38 |
| Quick Ratio | 0.64 | 0.76 | 0.95 | 1.57 | 0.47 | 8.73 |
| Current Ratio | 1.46 | 1.74 | 2.04 | 2.41 | 1.51 | 9.33 |
| Return on Equity (ROE) | -72.69% | -81.66% | -24.84% | -44.15% | -80.03% | -23.93% |
| Return on Assets (ROA) | -25.53% | -20.23% | -14.44% | -17.12% | -25.73% | -12.98% |
| Return on Capital Employed (ROCE) | -66.70% | -55.10% | -33.40% | -26.00% | -57.30% | -23.80% |
| Earnings Yield | -100.62% | -94.60% | -24.09% | -15.91% | -11.16% | -3.96% |
| FCF Yield | -66.39% | -38.19% | -6.45% | -14.12% | -10.76% | -4.15% |
| Buyback Yield / Dilution | -31.69% | -15.00% | -18.44% | -24.58% | -11.56% | -43.95% |