Sandra Peterson
Sandra Peterson, the Company’s then Vice President of Sales and Marketing, provided notice of her resignation from her position in the Company effective as of December 31, 2024
Highest-materiality recent filing
Beam Global Q1 revenue $3.1M (down 51% YoY), net loss $6.9M, backlog up 50% to $9M
Revenue $3.1M vs $6.3M a year ago; international sales comprised 51% of total.
Beam Global FY2025 revenue down 43% to $28.2M; Q4 revenue up 7% YoY, commercial mix shifts
FY2025 revenue $28.2M vs $49.3M in 2024; Q4 2025 revenue $9.0M, up 7% YoY and 56% QoQ.
Beam Global Q3 revenue down 50% to $5.8M; net loss of $4.9M vs prior-year profit
Revenue $5.8M, down 50% YoY; net loss $4.9M vs $1.3M profit in Q3 2024.
Beam Global Q2 2025 revenue $7.1M, gross margin 20%, net loss narrows, backlog $7M
Revenue $7.1M in Q2 2025, up 12% sequentially from Q1 2025.
Beam Global forms 50/50 JV with Platinum Group UAE for Middle East/ Africa markets
Beam Middle East LLC, a 50/50 JV with Platinum Group UAE, will sell/manufacture Beam's EV charging and energy storage products.
One-time stock award of 870,000 common shares to CEO Desmond Wheatley, approved June 4, 2025.
Beam Global Q1 revenue drops 58% YoY to $6.3M; net loss $15.5M on $10.8M goodwill impairment
Q1 2025 revenue $6.3M vs $15.0M in Q1 2024; commercial revenue up 41% YoY but overall decline due to US government sales uncertainty.
Beam Global FY 2024 revenue $49.3M; gross margin jumps to 15% from 2%
Revenue of $49.3M, down 27% YoY from $67.4M but 124% above 2022; non-government commercial revenue up 229%.
Beam Global Q3 2024: Revenue $11.5M, gross margin 10.7%, net income $1.3M
Revenue of $11.5M, second highest Q3 ever, down 22% from Q2 2024 due to order timing and election uncertainty.
Beam Global acquires Serbian power electronics firm Telcom for EUR 815K in cash and stock
Purchase price EUR 815,298: EUR 430K cash + 82,506 shares; earnout up to EUR 250K in additional shares based on revenue milestones.
Beam Global Q1 revenue $14.6M (+12% YoY), gross margin 10.2%, net loss narrows to $3.0M
Record Q1 revenue of $14.6M, up 12% from $13.0M in Q1 2023.
Beam Global reports record 2023 revenue $67.4M (+206% YoY); net loss narrows to $16.1M
Record full year revenue $67.4M, up 206% YoY; Q4 revenue $20.0M, up 154% YoY.
Sandra Peterson, the Company’s then Vice President of Sales and Marketing, provided notice of her resignation from her position in the Company effective as of December 31, 2024
On October 1, 2024, Beam Global (the “Company”) was informed by Sandra Peterson, the Company’s Vice President of Sales and Marketing, that she will resign from her position effective December 31, 2024, for personal reasons.
On July 24, 2024, Peter Davidson, a member of the Company’s Board of Directors (the “Board”) and member of the Audit, Nominating and Governance committees of the Board, informed the Company that he would be resigning as a director of the Board for personal reasons effective as of September 23, 2024.
Max materiality 0.80 · Median 0.55 · Most common event earnings