12/4/2025, 11:00:00 AM | www.stocktitan.net | news

    BEEM - Beam Global Latest Stock News & Market Updates

    Beam Global (BEEM) has scheduled its Q2 2025 earnings release and conference call for August 14, 2025, at 4:30 p.m. ET. The company reported strong H1 2025 revenue growth of 21% in energy storage solutions (ESS), driven by repeat orders and three major new clients, including a Fortune 500 automotive company. It also secured a $2 million purchase order from a major ESS customer. Beam Global established a 50/50 joint venture with Platinum Group LLC in Abu Dhabi to form Beam Middle East LLC, which will manufacture and sell sustainable infrastructure solutions across the Middle East and Africa. The new entity will be headquartered in Masdar City, Abu Dhabi. The company reported Q1 2025 revenues of $6.3 million with a 60% revenue CAGR, commercial revenues up 41% year-over-year, and international sales growing to 25% of revenue. Despite a net loss of $15.5 million due to a $10.8 million goodwill impairment, Beam Global remains debt-free with $2.5 million cash on hand and an unused $100 million credit line. The company also reported a 23% quarter-over-quarter increase in orders for its EV ARC™ off-grid solar-powered charging units, with sales expanding into Romania and new international markets. Beam Global received an Innovation Award in Romania for its sustainable infrastructure solutions.

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