BEEM · Beam Global - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $28.24M | $49.34M | $67.35M | $22.00M | $9.00M | $6.21M |
| Cost of Revenue | $24.71M | $42.04M | $66.15M | $23.66M | $9.97M | $6.92M |
| Gross Profit | $3.52M | $7.30M | $1.20M | ($1.67M) | ($971.6K) | ($711.0K) |
| R&D | $600.0K | $1.80M | $2.30M | $1.20M | $360.6K | $261.6K |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | $18.95M | $17.46M | $18.05M | $5.63M | $4.50M |
| D&A | $3.52M | $3.68M | $1.86M | $1.10M | $92.8K | $41.0K |
| Operating Income | ($27.53M) | ($11.66M) | ($16.26M) | ($19.72M) | ($6.60M) | ($5.21M) |
| Interest Expense | $26.0K | $34.0K | $12.0K | $1.0K | - | - |
| Income Tax | ($406.0K) | ($94.0K) | $12.0K | $2.0K | $825 | $4.9K |
| Net Income | ($27.00M) | ($11.28M) | ($16.06M) | ($19.68M) | ($6.60M) | ($5.21M) |
| EPS - Basic | ($1.61) | ($0.77) | ($1.30) | ($1.99) | ($0.84) | - |
| EPS - Diluted | - | ($0.77) | ($1.30) | ($1.99) | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $969.0K | $4.57M | $10.39M | $1.68M | $21.95M | $26.70M |
| Accounts Receivable | $8.24M | $8.03M | $15.94M | $4.43M | $3.83M | $1.79M |
| Inventory | $9.77M | $12.28M | $11.93M | $12.25M | $1.61M | $1.09M |
| Accounts Payable | $5.92M | $8.96M | $9.73M | $2.87M | $1.57M | $727.9K |
| Current Assets | $21.04M | $27.13M | $40.72M | $19.93M | $27.57M | $29.90M |
| Total Assets | $42.73M | $61.46M | $77.64M | $37.73M | $30.66M | $32.90M |
| Current Liabilities | $12.11M | $13.31M | $16.87M | $13.17M | $2.96M | $1.84M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $17.89M | $20.17M | $28.10M | $14.52M | $4.68M | $3.75M |
| Stockholders' Equity | $24.84M | $41.29M | $49.54M | $23.21M | $25.98M | $29.15M |
| Retained Earnings | ($131.65M) | ($104.64M) | ($93.36M) | ($77.30M) | ($57.62M) | ($51.02M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($10.48M) | ($2.19M) | ($13.31M) | ($18.11M) | ($6.41M) | ($4.14M) |
| Investing Cash Flow | ($482.0K) | ($4.05M) | ($5.71M) | ($1.81M) | ($582.1K) | ($358.9K) |
| Financing Cash Flow | $7.47M | $1.20M | $27.72M | ($342.0K) | $2.23M | $27.35M |
| CapEx | $418.0K | $828.0K | $937.0K | $872.0K | $498.3K | $265.8K |
| Free Cash Flow | ($10.90M) | ($3.02M) | ($14.24M) | ($18.99M) | ($6.90M) | ($4.40M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 12.5% | 14.8% | 1.8% | -7.6% | -10.8% | -11.4% |
| Operating margin | -97.5% | -23.6% | -24.1% | -89.6% | -73.3% | -83.9% |
| EBITDA margin | -85.0% | -16.2% | -21.4% | -84.6% | -72.3% | -83.2% |
| Net margin | -95.6% | -22.9% | -23.8% | -89.5% | -73.3% | -83.9% |
| Free cash flow margin | -38.6% | -6.1% | -21.1% | -86.3% | -76.7% | -70.9% |
| FCF / Net income | 0.40 | 0.27 | 0.89 | 0.96 | 1.05 | 0.84 |
| R&D / Revenue | 2.1% | 3.6% | 3.4% | 5.5% | 4.0% | 4.2% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -63.2% | -18.4% | -20.7% | -52.2% | -21.5% | -15.8% |
| Return on equity | -108.7% | -27.3% | -32.4% | -84.8% | -25.4% | -17.9% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.74 | 2.04 | 2.41 | 1.51 | 9.33 | 16.25 |
| Quick ratio | 0.93 | 1.11 | 1.71 | 0.58 | 8.78 | 15.66 |
| Cash ratio | 0.08 | 0.34 | 0.62 | 0.13 | 7.43 | 14.51 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -1058.9x | -342.9x | -1355.1x | -19716.0x | - | - |
| Equity multiplier | 1.72 | 1.49 | 1.57 | 1.63 | 1.18 | 1.13 |
| Liabilities / Assets | 0.42 | 0.33 | 0.36 | 0.38 | 0.15 | 0.11 |
| Efficiency | ||||||
| Asset turnover | 0.66 | 0.80 | 0.87 | 0.58 | 0.29 | 0.19 |
| Inventory turnover | 2.53 | 3.42 | 5.54 | 1.93 | 6.19 | 6.33 |
| Days sales outstanding | 106d | 59d | 86d | 73d | 155d | 105d |
| Days inventory outstanding | 144d | 107d | 66d | 189d | 59d | 58d |
| Days payable outstanding | 88d | 78d | 54d | 44d | 57d | 38d |
| Cash conversion cycle | 163d | 88d | 99d | 218d | 157d | 124d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | 1.1x | 1.8x | 7.5x | - | - |
| P / S | - | 0.9x | 1.3x | 7.9x | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -42.8% | -26.8% | 206.2% | 144.3% | 44.9% | 21.5% |
| Revenue CAGR (3y) | 8.7% | 76.3% | 121.4% | 62.7% | 13.5% | 63.8% |
| Revenue CAGR (5y) | 35.4% | 57.4% | 61.3% | 73.2% | 26.5% | 18.6% |
| Gross profit growth (YoY) | -51.7% | 506.0% | - | -71.6% | -36.7% | -362.3% |
| Operating income growth (YoY) | -136.2% | 28.3% | 17.5% | -198.8% | -26.7% | -59.2% |
| Net income growth (YoY) | -139.3% | 29.8% | 18.4% | -198.4% | -26.5% | -32.5% |
| EPS growth (YoY) | - | 40.8% | 34.7% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -260.8% | 78.8% | 25.0% | -175.0% | -56.8% | 9.4% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -39.8% | -16.7% | 113.5% | -10.7% | -10.9% | 400.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$49.58M totalProduct$46.06M · 92.9%
Shipping And Handling$2.27M · 4.6%
Professional Services$1.13M · 2.3%
Maintenance$129.0K · 0.3%
Geographic
$49.34M totalUS$37.49M · 76.0%
RS$11.84M · 24.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-3.22
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
1/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Beam Global against the 5 most active filers in the same SIC group.