Beam Global (BEEM) 10-Year Financial Performance & Capital Metrics

BEEM • • Industrial / General

EnergySolarSolar Project Development & InstallationIntegrated Solar Solutions

AboutBeam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for electric vehicle (EV) charging infrastructure, outdoor media and branding, and energy security products. The company's product portfolio include EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 50kW DC fast charge to one or more electric vehicles or larger vehicles; and EV ARC DCFC, a DC fast charging system for charging EVs. It is also developing EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.Show more

Revenue $49M -26.8%
EBITDA -$7M +50.3%
Net Income -$11M +29.8%
EPS (Diluted) -0.77 +40.8%
Gross Margin 14.79% +727.3%
EBITDA Margin -14.51% +32.1%
Operating Margin -23.63% +2.1%
Net Margin -22.87% +4.1%
ROE -24.84% +43.7%
ROIC -22.12% +42.3%
Debt/Equity 0.05 +82.3%
Interest Coverage -342.85 +74.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 57.4%
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 18.4% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y47.19%

5Y57.37%

3Y76.31%

TTM-54.55%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM-135.28%

ROCE

10Y Avg-181.39%

5Y Avg-37.12%

3Y Avg-44.99%

Latest-21.41%

Peer Comparison

Integrated Solar Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SPRUSpruce Power Holding Corporation	93.02M	5.12	-1.34	2.81%	-23.2%	-19.68%	4.87
SMXTSolarmax Technology Inc. Common Stock	56.48M	1.04	-1.35	-57.54%	-18.4%
BEEMBeam Global	31.4M	1.65	-2.14	-26.75%	-105.89%	-110.47%	0.05
SPWRSunPower Inc.	189.09M	1.69	-2.25	24.11%	-11.14%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.64M	2.78M	1.41M	6.16M	5.11M	6.21M	9M	22M	67.35M	49.34M
Revenue Growth %	1.56%	0.05%	-0.49%	3.36%	-0.17%	0.21%	0.45%	1.44%	2.06%	-0.27%
Cost of Goods Sold+	2.72M	2.93M	1.88M	6.35M	5.27M	6.92M	9.97M	23.66M	66.15M	42.04M
COGS % of Revenue	1.03%	1.05%	1.33%	1.03%	1.03%	1.11%	1.11%	1.08%	0.98%	0.85%
Gross Profit+	-78.23K	-144.72K	-472.75K	-192.1K	-153.77K	-710.97K	-971K	-1.67M	1.2M	7.3M
Gross Margin %	-0.03%	-0.05%	-0.33%	-0.03%	-0.03%	-0.11%	-0.11%	-0.08%	0.02%	0.15%
Gross Profit Growth %	0.22%	-0.85%	-2.27%	0.59%	0.2%	-3.62%	-0.37%	-0.72%	1.72%	5.06%
Operating Expenses+	1.65M	2.64M	2.23M	2.34M	3.12M	4.5M	5.63M	18.05M	17.46M	18.95M
OpEx % of Revenue	0.62%	0.95%	1.58%	0.38%	0.61%	0.72%	0.63%	0.82%	0.26%	0.38%
Selling, General & Admin	1.65M	2.64M	430.08K	2.33M	2.71M	4.24M	5.27M	16.85M	14.71M	21.57M
SG&A % of Revenue	0.62%	0.95%	0.3%	0.38%	0.53%	0.68%	0.59%	0.77%	0.22%	0.44%
Research & Development	888	3.46K	1.77K	3.58K	412.59K	261.61K	360.59K	1.2M	2.3M	1.8M
R&D % of Revenue	0%	0%	0%	0%	0.08%	0.04%	0.04%	0.05%	0.03%	0.04%
Other Operating Expenses	0	0	1.76K	3.73K	0	0	0	0	460K	-4.42M
Operating Income+	-1.73M	-2.79M	-2.7M	-2.53M	-3.27M	-5.21M	-6.6M	-19.72M	-16.26M	-11.66M
Operating Margin %	-0.65%	-1%	-1.91%	-0.41%	-0.64%	-0.84%	-0.73%	-0.9%	-0.24%	-0.24%
Operating Income Growth %	0.31%	-0.62%	0.03%	0.06%	-0.29%	-0.59%	-0.27%	-1.99%	0.18%	0.28%
EBITDA+	-1.59M	-2.69M	-2.63M	-2.47M	-3.23M	-5.17M	-6.47M	-18.6M	-14.4M	-7.16M
EBITDA Margin %	-0.6%	-0.97%	-1.86%	-0.4%	-0.63%	-0.83%	-0.72%	-0.85%	-0.21%	-0.15%
EBITDA Growth %	0.35%	-0.69%	0.02%	0.06%	-0.31%	-0.6%	-0.25%	-1.87%	0.23%	0.5%
D&A (Non-Cash Add-back)	139.03K	102.44K	69.38K	62.84K	40.5K	40.95K	125.11K	1.12M	1.86M	4.5M
EBIT	-1.45M	-2.36M	-2.57M	-2.51M	-3.21M	-5.2M	-6.59M	-19.68M	-16.04M	-11.34M
Net Interest Income+	-384.24K	-275.78K	-474.6K	-1.09M	-659.25K	-447	4K	36K	249K	171K
Interest Income	0	0	0	3.73K	57.08K	11.45K	5K	37K	261K	205K
Interest Expense	384.24K	275.78K	474.6K	1.09M	716.34K	11.89K	1K	1K	12K	34K
Other Income/Expense	-111.92K	156.48K	-340.23K	-1.07M	-659.25K	-447	4K	36K	213K	281K
Pretax Income+	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.59M	-19.68M	-16.05M	-11.38M
Pretax Margin %	-0.7%	-0.95%	-2.15%	-0.58%	-0.77%	-0.84%	-0.73%	-0.89%	-0.24%	-0.23%
Income Tax+	1.6K	1.6K	800	19.99K	3.1K	4.94K	1K	2K	12K	-94K
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	0.99%
Net Income+	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Net Margin %	-0.7%	-0.95%	-2.15%	-0.58%	-0.77%	-0.84%	-0.73%	-0.89%	-0.24%	-0.23%
Net Income Growth %	0.42%	-0.43%	-0.15%	-0.18%	-0.09%	-0.33%	-0.27%	-1.98%	0.18%	0.3%
Net Income (Continuing)	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.91	-1.17	-1.19	-1.24	-0.88	-0.84	-0.74	-1.99	-1.30	-0.77
EPS Growth %	0.51%	-0.29%	-0.02%	-0.04%	0.29%	0.05%	0.12%	-1.69%	0.35%	0.41%
EPS (Basic)	-0.91	-1.17	-1.19	-1.24	-0.88	-0.84	-0.74	-1.99	-1.30	-0.77
Diluted Shares Outstanding	2.01M	2.25M	2.55M	2.89M	4.47M	6.17M	8.88M	9.91M	12.35M	14.62M
Basic Shares Outstanding	2.01M	2.25M	2.55M	2.89M	4.47M	6.17M	8.88M	9.91M	12.35M	14.62M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.36M	1.54M	2.78M	2.92M	6.61M	29.9M	27.57M	19.93M	40.72M	27.13M
Cash & Short-Term Investments	32.45K	8.57K	403.48K	244.02K	3.85M	26.7M	21.95M	1.68M	10.39M	4.57M
Cash Only	32.45K	8.57K	403.48K	244.02K	3.85M	26.7M	21.95M	1.68M	10.39M	4.57M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	853.67K	1.16M	5.95K	1.29M	766.17K	1.8M	3.85M	4.43M	16.06M	8.03M
Days Sales Outstanding	117.93	152.37	1.54	76.45	54.71	105.62	156.27	73.5	87.03	59.39
Inventory	422.18K	271.8K	2.32M	1.13M	1.84M	1.09M	1.61M	12.25M	11.93M	12.28M
Days Inventory Outstanding	56.64	33.91	449.18	64.96	127.82	57.63	58.96	188.9	65.84	106.65
Other Current Assets	31.75K	21.17K	30.27K	226.55K	115.68K	194.45K	114K	1.47M	42K	224K
Total Non-Current Assets+	546.06K	521.99K	457.98K	565.43K	681.44K	3M	3.09M	17.8M	36.92M	34.33M
Property, Plant & Equipment	243.96K	293.04K	226.11K	133.24K	419.42K	2.65M	2.68M	3.19M	17.54M	15.6M
Fixed Asset Turnover	10.83x	9.49x	6.24x	46.25x	12.19x	2.34x	3.36x	6.90x	3.84x	3.16x
Goodwill	0	0	0	0	0	0	0	4.6M	10.27M	10.58M
Intangible Assets	36.62K	73.37K	75.28K	131.63K	205.15K	293.79K	359K	9.95M	9.05M	8.04M
Long-Term Investments	0	-96.7K	-67.93K	0	0	0	0	0	0	0
Other Non-Current Assets	265.48K	155.58K	156.59K	300.57K	56.87K	52K	52K	62K	62K	119K
Total Assets+	1.91M	2.06M	3.24M	3.49M	7.29M	32.9M	30.66M	37.73M	77.64M	61.46M
Asset Turnover	1.39x	1.35x	0.44x	1.77x	0.70x	0.19x	0.29x	0.58x	0.87x	0.80x
Asset Growth %	-0.2%	0.08%	0.58%	0.08%	1.09%	3.52%	-0.07%	0.23%	1.06%	-0.21%
Total Current Liabilities+	3.28M	3.41M	3.57M	5.68M	1.46M	1.77M	2.96M	13.17M	16.87M	13.31M
Accounts Payable	834.96K	873.01K	486.69K	1.37M	485.02K	727.92K	1.57M	2.87M	9.73M	8.96M
Days Payables Outstanding	112.03	108.9	94.25	78.59	33.62	38.39	57.35	44.19	53.7	77.78
Short-Term Debt	1.64M	1.88M	2.56M	2.86M	223.72K	0	0	0	40K	63K
Deferred Revenue (Current)	213.47K	75.32K	77.51K	835.78K	93.61K	37.78K	136K	1000K	828K	847K
Other Current Liabilities	231.77K	518.69K	152.05K	417.47K	60.27K	205.81K	238K	7.09M	4.33M	99K
Current Ratio	0.42x	0.45x	0.78x	0.51x	4.52x	16.89x	9.33x	1.51x	2.41x	2.04x
Quick Ratio	0.29x	0.37x	0.13x	0.32x	3.26x	16.27x	8.78x	0.58x	1.71x	1.11x
Cash Conversion Cycle	62.55	77.37	356.47	62.82	148.91	124.86	157.88	218.21	99.17	88.25
Total Non-Current Liabilities+	38.98K	29.68K	20.62K	286.53K	0	1.98M	1.73M	1.35M	11.23M	6.86M
Long-Term Debt	38.98K	29.68K	20.62K	286.53K	0	0	0	0	160K	199K
Capital Lease Obligations	0	0	0	0	0	1.91M	1.61M	1.07M	455K	971K
Deferred Tax Liabilities	0	96.7K	67.93K	0	0	0	0	0	1.7M	1.29M
Other Non-Current Liabilities	0	0	0	0	0	0	0	15K	8.51M	3.6M
Total Liabilities	3.31M	3.44M	3.59M	5.97M	1.46M	3.75M	4.68M	14.52M	28.1M	20.17M
Total Debt+	1.68M	1.91M	2.58M	3.15M	572.88K	2.43M	2.08M	1.7M	1.27M	1.93M
Net Debt	1.64M	1.9M	2.17M	2.91M	-3.28M	-24.27M	-19.87M	17K	-9.12M	-2.64M
Debt / Equity	-	-	-	-	0.10x	0.08x	0.08x	0.07x	0.03x	0.05x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-4.49x	-10.11x	-5.69x	-2.32x	-4.57x	-437.87x	-6599.00x	-19716.00x	-1355.08x	-342.85x
Total Equity+	-1.41M	-1.39M	-349.26K	-2.48M	5.82M	29.15M	25.98M	23.21M	49.54M	41.29M
Equity Growth %	-1.42%	0.02%	0.75%	-6.1%	3.35%	4.01%	-0.11%	-0.11%	1.13%	-0.17%
Book Value per Share	-0.70	-0.62	-0.14	-0.86	1.30	4.72	2.92	2.34	4.01	2.82
Total Shareholders' Equity	-1.41M	-1.39M	-349.26K	-2.48M	5.82M	29.15M	25.98M	23.21M	49.54M	41.29M
Common Stock	105.21K	120.11K	141.84K	145.33K	5.21K	8.48K	9K	10K	14K	15K
Retained Earnings	-32.6M	-35.24M	-38.28M	-41.88M	-45.81M	-51.02M	-57.62M	-77.3M	-93.36M	-104.64M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-557.78K	-216.4K	-307.23K	-346.36K	0	0	0	0	624K	-1.16M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-2.47M	-1.8M	-3.44M	-712.46K	-4.83M	-4.14M	-6.41M	-18.11M	-13.31M	-2.19M
Operating CF Margin %	-0.93%	-0.65%	-2.43%	-0.12%	-0.94%	-0.67%	-0.71%	-0.82%	-0.2%	-0.04%
Operating CF Growth %	-0.36%	0.27%	-0.91%	0.79%	-5.77%	0.14%	-0.55%	-1.83%	0.27%	0.84%
Net Income	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Depreciation & Amortization	139.03K	102.44K	69.38K	62.84K	40.5K	21.04K	125K	1.12M	1.86M	4.5M
Stock-Based Compensation	15.83K	442.87K	220.08K	111.57K	404.85K	1.18M	1.19M	0	2.67M	3.6M
Deferred Taxes	268.14K	-324.5K	-132.6K	-16.26K	0	0	0	0	-326K	0
Other Non-Cash Items	134.39K	74.63K	349.29K	1.1M	528.85K	5.99K	0	7.98M	37K	-4.41M
Working Capital Changes	-919.06K	214.86K	-1.03M	1.63M	-1.87M	-133.62K	-1.12M	-7.53M	-1.5M	5.4M
Change in Receivables	-740.1K	-329.96K	1.16M	-1.28M	523.74K	-1.02M	-2.04M	-602K	-9.45M	8.18M
Change in Inventory	-20.49K	166.24K	-2M	1.24M	-110.45K	1.06M	-486K	-8.24M	2.58M	-201K
Change in Payables	274.49K	351.69K	-386.32K	881.57K	-883.24K	242.9K	816K	1.29M	4.83M	-889K
Cash from Investing+	-263.54K	-153.2K	-26.36K	-32.28K	-109.59K	-358.9K	-582K	-1.81M	-5.71M	-4.05M
Capital Expenditures	-263.54K	-153.2K	-26.36K	-82.55K	-32.84K	-265.76K	-498K	-1M	-937K	-828K
CapEx % of Revenue	0.1%	0.06%	0.02%	0.01%	0.01%	0.04%	0.06%	0.05%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-36.62K	-37.31K	-2.47K	50.27K	-76.75K	-93.14K	-84K	0	-120K	-2.71M
Cash from Financing+	1.38M	1.93M	3.86M	585.29K	8.54M	27.35M	2.24M	-342K	27.72M	1.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-34.67K	-71.2K	-75.88K	-242.03K	-1.18M	8.36M	2.87M	-499K	185K	645K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.73M	-1.95M	-3.46M	-795K	-4.94M	-4.5M	-6.99M	-18.99M	-14.36M	-3.02M
FCF Margin %	-1.03%	-0.7%	-2.45%	-0.13%	-0.97%	-0.72%	-0.78%	-0.86%	-0.21%	-0.06%
FCF Growth %	-0.44%	0.29%	-0.77%	0.77%	-5.21%	0.09%	-0.55%	-1.72%	0.24%	0.79%
FCF per Share	-1.36	-0.87	-1.36	-0.27	-1.11	-0.73	-0.79	-1.92	-1.16	-0.21
FCF Conversion (FCF/Net Income)	1.34x	0.68x	1.13x	0.20x	1.23x	0.79x	0.97x	0.92x	0.83x	0.19x
Interest Paid	151.62K	45.13K	73.41K	0	364.1K	54.57K	85	0	12K	0
Taxes Paid	1.6K	1.6K	800	0	3.1K	4.94K	1K	0	12K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-235.32%	-29.81%	-23.93%	-80.03%	-44.15%	-24.84%
Return on Invested Capital (ROIC)	-547.66%	-558.15%	-173.4%	-168.81%	-165.1%	-105.16%	-90.11%	-100.84%	-38.33%	-22.12%
Gross Margin	-2.96%	-5.2%	-33.48%	-3.12%	-3.01%	-11.45%	-10.79%	-7.58%	1.79%	14.79%
Net Margin	-69.62%	-94.69%	-215.39%	-58.4%	-76.96%	-83.94%	-73.27%	-89.48%	-23.84%	-22.87%
Debt / Equity	-	-	-	-	0.10x	0.08x	0.08x	0.07x	0.03x	0.05x
Interest Coverage	-4.49x	-10.11x	-5.69x	-2.32x	-4.57x	-437.87x	-6599.00x	-19716.00x	-1355.08x	-342.85x
FCF Conversion	1.34x	0.68x	1.13x	0.20x	1.23x	0.79x	0.97x	0.92x	0.83x	0.19x
Revenue Growth	155.67%	5.26%	-49.23%	336.42%	-17.05%	21.5%	44.95%	144.33%	206.22%	-26.75%

Revenue by Segment

	2018	2019	2020	2021	2023	2024
Product	-	-	-	-	65.15M	46.06M
Product Growth	-	-	-	-	-	-29.31%
Shipping and Handling	-	-	-	319.35K	2.31M	2.27M
Shipping and Handling Growth	-	-	-	-	622.71%	-1.82%
Professional Services	-	-	-	-	146K	1.13M
Professional Services Growth	-	-	-	-	-	671.92%
Maintenance	-	-	-	44.07K	83K	129K
Maintenance Growth	-	-	-	-	88.35%	55.42%
Service, Other	-	-	-	98.13K	-	-
Service, Other Growth	-	-	-	-	-	-
Product Sales	6.14M	5.09M	6.13M	-	-	-
Product Sales Growth	-	-17.13%	20.44%	-	-	-
Maintenance Fees	7.58K	13.05K	30.96K	-	-	-
Maintenance Fees Growth	-	72.32%	137.13%	-	-	-

Frequently Asked Questions

Growth & Financials

Beam Global (BEEM) reported $27.7M in revenue for fiscal year 2024. This represents a 1101% increase from $2.3M in 2011.

Beam Global (BEEM) saw revenue decline by 26.8% over the past year.

Beam Global (BEEM) reported a net loss of $29.3M for fiscal year 2024.

Dividend & Returns

Beam Global (BEEM) has a return on equity (ROE) of -24.8%. Negative ROE indicates the company is unprofitable.

Beam Global (BEEM) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.

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Beam Global (BEEM) 10-Year Financial Performance & Capital Metrics

BEEM • • Industrial / General

EnergySolarSolar Project Development & InstallationIntegrated Solar Solutions

Revenue $49M -26.8%
EBITDA -$7M +50.3%
Net Income -$11M +29.8%
EPS (Diluted) -0.77 +40.8%
Gross Margin 14.79% +727.3%
EBITDA Margin -14.51% +32.1%
Operating Margin -23.63% +2.1%
Net Margin -22.87% +4.1%
ROE -24.84% +43.7%
ROIC -22.12% +42.3%
Debt/Equity 0.05 +82.3%
Interest Coverage -342.85 +74.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 57.4%
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 18.4% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y47.19%

5Y57.37%

3Y76.31%

TTM-54.55%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM-135.28%

ROCE

10Y Avg-181.39%

5Y Avg-37.12%

3Y Avg-44.99%

Latest-21.41%

Peer Comparison

Integrated Solar Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SPRUSpruce Power Holding Corporation	93.02M	5.12	-1.34	2.81%	-23.2%	-19.68%	4.87
SMXTSolarmax Technology Inc. Common Stock	56.48M	1.04	-1.35	-57.54%	-18.4%
BEEMBeam Global	31.4M	1.65	-2.14	-26.75%	-105.89%	-110.47%	0.05
SPWRSunPower Inc.	189.09M	1.69	-2.25	24.11%	-11.14%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.64M	2.78M	1.41M	6.16M	5.11M	6.21M	9M	22M	67.35M	49.34M
Revenue Growth %	1.56%	0.05%	-0.49%	3.36%	-0.17%	0.21%	0.45%	1.44%	2.06%	-0.27%
Cost of Goods Sold+	2.72M	2.93M	1.88M	6.35M	5.27M	6.92M	9.97M	23.66M	66.15M	42.04M
COGS % of Revenue	1.03%	1.05%	1.33%	1.03%	1.03%	1.11%	1.11%	1.08%	0.98%	0.85%
Gross Profit+	-78.23K	-144.72K	-472.75K	-192.1K	-153.77K	-710.97K	-971K	-1.67M	1.2M	7.3M
Gross Margin %	-0.03%	-0.05%	-0.33%	-0.03%	-0.03%	-0.11%	-0.11%	-0.08%	0.02%	0.15%
Gross Profit Growth %	0.22%	-0.85%	-2.27%	0.59%	0.2%	-3.62%	-0.37%	-0.72%	1.72%	5.06%
Operating Expenses+	1.65M	2.64M	2.23M	2.34M	3.12M	4.5M	5.63M	18.05M	17.46M	18.95M
OpEx % of Revenue	0.62%	0.95%	1.58%	0.38%	0.61%	0.72%	0.63%	0.82%	0.26%	0.38%
Selling, General & Admin	1.65M	2.64M	430.08K	2.33M	2.71M	4.24M	5.27M	16.85M	14.71M	21.57M
SG&A % of Revenue	0.62%	0.95%	0.3%	0.38%	0.53%	0.68%	0.59%	0.77%	0.22%	0.44%
Research & Development	888	3.46K	1.77K	3.58K	412.59K	261.61K	360.59K	1.2M	2.3M	1.8M
R&D % of Revenue	0%	0%	0%	0%	0.08%	0.04%	0.04%	0.05%	0.03%	0.04%
Other Operating Expenses	0	0	1.76K	3.73K	0	0	0	0	460K	-4.42M
Operating Income+	-1.73M	-2.79M	-2.7M	-2.53M	-3.27M	-5.21M	-6.6M	-19.72M	-16.26M	-11.66M
Operating Margin %	-0.65%	-1%	-1.91%	-0.41%	-0.64%	-0.84%	-0.73%	-0.9%	-0.24%	-0.24%
Operating Income Growth %	0.31%	-0.62%	0.03%	0.06%	-0.29%	-0.59%	-0.27%	-1.99%	0.18%	0.28%
EBITDA+	-1.59M	-2.69M	-2.63M	-2.47M	-3.23M	-5.17M	-6.47M	-18.6M	-14.4M	-7.16M
EBITDA Margin %	-0.6%	-0.97%	-1.86%	-0.4%	-0.63%	-0.83%	-0.72%	-0.85%	-0.21%	-0.15%
EBITDA Growth %	0.35%	-0.69%	0.02%	0.06%	-0.31%	-0.6%	-0.25%	-1.87%	0.23%	0.5%
D&A (Non-Cash Add-back)	139.03K	102.44K	69.38K	62.84K	40.5K	40.95K	125.11K	1.12M	1.86M	4.5M
EBIT	-1.45M	-2.36M	-2.57M	-2.51M	-3.21M	-5.2M	-6.59M	-19.68M	-16.04M	-11.34M
Net Interest Income+	-384.24K	-275.78K	-474.6K	-1.09M	-659.25K	-447	4K	36K	249K	171K
Interest Income	0	0	0	3.73K	57.08K	11.45K	5K	37K	261K	205K
Interest Expense	384.24K	275.78K	474.6K	1.09M	716.34K	11.89K	1K	1K	12K	34K
Other Income/Expense	-111.92K	156.48K	-340.23K	-1.07M	-659.25K	-447	4K	36K	213K	281K
Pretax Income+	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.59M	-19.68M	-16.05M	-11.38M
Pretax Margin %	-0.7%	-0.95%	-2.15%	-0.58%	-0.77%	-0.84%	-0.73%	-0.89%	-0.24%	-0.23%
Income Tax+	1.6K	1.6K	800	19.99K	3.1K	4.94K	1K	2K	12K	-94K
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	0.99%
Net Income+	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Net Margin %	-0.7%	-0.95%	-2.15%	-0.58%	-0.77%	-0.84%	-0.73%	-0.89%	-0.24%	-0.23%
Net Income Growth %	0.42%	-0.43%	-0.15%	-0.18%	-0.09%	-0.33%	-0.27%	-1.98%	0.18%	0.3%
Net Income (Continuing)	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.91	-1.17	-1.19	-1.24	-0.88	-0.84	-0.74	-1.99	-1.30	-0.77
EPS Growth %	0.51%	-0.29%	-0.02%	-0.04%	0.29%	0.05%	0.12%	-1.69%	0.35%	0.41%
EPS (Basic)	-0.91	-1.17	-1.19	-1.24	-0.88	-0.84	-0.74	-1.99	-1.30	-0.77
Diluted Shares Outstanding	2.01M	2.25M	2.55M	2.89M	4.47M	6.17M	8.88M	9.91M	12.35M	14.62M
Basic Shares Outstanding	2.01M	2.25M	2.55M	2.89M	4.47M	6.17M	8.88M	9.91M	12.35M	14.62M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.36M	1.54M	2.78M	2.92M	6.61M	29.9M	27.57M	19.93M	40.72M	27.13M
Cash & Short-Term Investments	32.45K	8.57K	403.48K	244.02K	3.85M	26.7M	21.95M	1.68M	10.39M	4.57M
Cash Only	32.45K	8.57K	403.48K	244.02K	3.85M	26.7M	21.95M	1.68M	10.39M	4.57M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	853.67K	1.16M	5.95K	1.29M	766.17K	1.8M	3.85M	4.43M	16.06M	8.03M
Days Sales Outstanding	117.93	152.37	1.54	76.45	54.71	105.62	156.27	73.5	87.03	59.39
Inventory	422.18K	271.8K	2.32M	1.13M	1.84M	1.09M	1.61M	12.25M	11.93M	12.28M
Days Inventory Outstanding	56.64	33.91	449.18	64.96	127.82	57.63	58.96	188.9	65.84	106.65
Other Current Assets	31.75K	21.17K	30.27K	226.55K	115.68K	194.45K	114K	1.47M	42K	224K
Total Non-Current Assets+	546.06K	521.99K	457.98K	565.43K	681.44K	3M	3.09M	17.8M	36.92M	34.33M
Property, Plant & Equipment	243.96K	293.04K	226.11K	133.24K	419.42K	2.65M	2.68M	3.19M	17.54M	15.6M
Fixed Asset Turnover	10.83x	9.49x	6.24x	46.25x	12.19x	2.34x	3.36x	6.90x	3.84x	3.16x
Goodwill	0	0	0	0	0	0	0	4.6M	10.27M	10.58M
Intangible Assets	36.62K	73.37K	75.28K	131.63K	205.15K	293.79K	359K	9.95M	9.05M	8.04M
Long-Term Investments	0	-96.7K	-67.93K	0	0	0	0	0	0	0
Other Non-Current Assets	265.48K	155.58K	156.59K	300.57K	56.87K	52K	52K	62K	62K	119K
Total Assets+	1.91M	2.06M	3.24M	3.49M	7.29M	32.9M	30.66M	37.73M	77.64M	61.46M
Asset Turnover	1.39x	1.35x	0.44x	1.77x	0.70x	0.19x	0.29x	0.58x	0.87x	0.80x
Asset Growth %	-0.2%	0.08%	0.58%	0.08%	1.09%	3.52%	-0.07%	0.23%	1.06%	-0.21%
Total Current Liabilities+	3.28M	3.41M	3.57M	5.68M	1.46M	1.77M	2.96M	13.17M	16.87M	13.31M
Accounts Payable	834.96K	873.01K	486.69K	1.37M	485.02K	727.92K	1.57M	2.87M	9.73M	8.96M
Days Payables Outstanding	112.03	108.9	94.25	78.59	33.62	38.39	57.35	44.19	53.7	77.78
Short-Term Debt	1.64M	1.88M	2.56M	2.86M	223.72K	0	0	0	40K	63K
Deferred Revenue (Current)	213.47K	75.32K	77.51K	835.78K	93.61K	37.78K	136K	1000K	828K	847K
Other Current Liabilities	231.77K	518.69K	152.05K	417.47K	60.27K	205.81K	238K	7.09M	4.33M	99K
Current Ratio	0.42x	0.45x	0.78x	0.51x	4.52x	16.89x	9.33x	1.51x	2.41x	2.04x
Quick Ratio	0.29x	0.37x	0.13x	0.32x	3.26x	16.27x	8.78x	0.58x	1.71x	1.11x
Cash Conversion Cycle	62.55	77.37	356.47	62.82	148.91	124.86	157.88	218.21	99.17	88.25
Total Non-Current Liabilities+	38.98K	29.68K	20.62K	286.53K	0	1.98M	1.73M	1.35M	11.23M	6.86M
Long-Term Debt	38.98K	29.68K	20.62K	286.53K	0	0	0	0	160K	199K
Capital Lease Obligations	0	0	0	0	0	1.91M	1.61M	1.07M	455K	971K
Deferred Tax Liabilities	0	96.7K	67.93K	0	0	0	0	0	1.7M	1.29M
Other Non-Current Liabilities	0	0	0	0	0	0	0	15K	8.51M	3.6M
Total Liabilities	3.31M	3.44M	3.59M	5.97M	1.46M	3.75M	4.68M	14.52M	28.1M	20.17M
Total Debt+	1.68M	1.91M	2.58M	3.15M	572.88K	2.43M	2.08M	1.7M	1.27M	1.93M
Net Debt	1.64M	1.9M	2.17M	2.91M	-3.28M	-24.27M	-19.87M	17K	-9.12M	-2.64M
Debt / Equity	-	-	-	-	0.10x	0.08x	0.08x	0.07x	0.03x	0.05x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-4.49x	-10.11x	-5.69x	-2.32x	-4.57x	-437.87x	-6599.00x	-19716.00x	-1355.08x	-342.85x
Total Equity+	-1.41M	-1.39M	-349.26K	-2.48M	5.82M	29.15M	25.98M	23.21M	49.54M	41.29M
Equity Growth %	-1.42%	0.02%	0.75%	-6.1%	3.35%	4.01%	-0.11%	-0.11%	1.13%	-0.17%
Book Value per Share	-0.70	-0.62	-0.14	-0.86	1.30	4.72	2.92	2.34	4.01	2.82
Total Shareholders' Equity	-1.41M	-1.39M	-349.26K	-2.48M	5.82M	29.15M	25.98M	23.21M	49.54M	41.29M
Common Stock	105.21K	120.11K	141.84K	145.33K	5.21K	8.48K	9K	10K	14K	15K
Retained Earnings	-32.6M	-35.24M	-38.28M	-41.88M	-45.81M	-51.02M	-57.62M	-77.3M	-93.36M	-104.64M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-557.78K	-216.4K	-307.23K	-346.36K	0	0	0	0	624K	-1.16M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-2.47M	-1.8M	-3.44M	-712.46K	-4.83M	-4.14M	-6.41M	-18.11M	-13.31M	-2.19M
Operating CF Margin %	-0.93%	-0.65%	-2.43%	-0.12%	-0.94%	-0.67%	-0.71%	-0.82%	-0.2%	-0.04%
Operating CF Growth %	-0.36%	0.27%	-0.91%	0.79%	-5.77%	0.14%	-0.55%	-1.83%	0.27%	0.84%
Net Income	-1.84M	-2.63M	-3.04M	-3.6M	-3.93M	-5.21M	-6.6M	-19.68M	-16.06M	-11.28M
Depreciation & Amortization	139.03K	102.44K	69.38K	62.84K	40.5K	21.04K	125K	1.12M	1.86M	4.5M
Stock-Based Compensation	15.83K	442.87K	220.08K	111.57K	404.85K	1.18M	1.19M	0	2.67M	3.6M
Deferred Taxes	268.14K	-324.5K	-132.6K	-16.26K	0	0	0	0	-326K	0
Other Non-Cash Items	134.39K	74.63K	349.29K	1.1M	528.85K	5.99K	0	7.98M	37K	-4.41M
Working Capital Changes	-919.06K	214.86K	-1.03M	1.63M	-1.87M	-133.62K	-1.12M	-7.53M	-1.5M	5.4M
Change in Receivables	-740.1K	-329.96K	1.16M	-1.28M	523.74K	-1.02M	-2.04M	-602K	-9.45M	8.18M
Change in Inventory	-20.49K	166.24K	-2M	1.24M	-110.45K	1.06M	-486K	-8.24M	2.58M	-201K
Change in Payables	274.49K	351.69K	-386.32K	881.57K	-883.24K	242.9K	816K	1.29M	4.83M	-889K
Cash from Investing+	-263.54K	-153.2K	-26.36K	-32.28K	-109.59K	-358.9K	-582K	-1.81M	-5.71M	-4.05M
Capital Expenditures	-263.54K	-153.2K	-26.36K	-82.55K	-32.84K	-265.76K	-498K	-1M	-937K	-828K
CapEx % of Revenue	0.1%	0.06%	0.02%	0.01%	0.01%	0.04%	0.06%	0.05%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-36.62K	-37.31K	-2.47K	50.27K	-76.75K	-93.14K	-84K	0	-120K	-2.71M
Cash from Financing+	1.38M	1.93M	3.86M	585.29K	8.54M	27.35M	2.24M	-342K	27.72M	1.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-34.67K	-71.2K	-75.88K	-242.03K	-1.18M	8.36M	2.87M	-499K	185K	645K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.73M	-1.95M	-3.46M	-795K	-4.94M	-4.5M	-6.99M	-18.99M	-14.36M	-3.02M
FCF Margin %	-1.03%	-0.7%	-2.45%	-0.13%	-0.97%	-0.72%	-0.78%	-0.86%	-0.21%	-0.06%
FCF Growth %	-0.44%	0.29%	-0.77%	0.77%	-5.21%	0.09%	-0.55%	-1.72%	0.24%	0.79%
FCF per Share	-1.36	-0.87	-1.36	-0.27	-1.11	-0.73	-0.79	-1.92	-1.16	-0.21
FCF Conversion (FCF/Net Income)	1.34x	0.68x	1.13x	0.20x	1.23x	0.79x	0.97x	0.92x	0.83x	0.19x
Interest Paid	151.62K	45.13K	73.41K	0	364.1K	54.57K	85	0	12K	0
Taxes Paid	1.6K	1.6K	800	0	3.1K	4.94K	1K	0	12K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-235.32%	-29.81%	-23.93%	-80.03%	-44.15%	-24.84%
Return on Invested Capital (ROIC)	-547.66%	-558.15%	-173.4%	-168.81%	-165.1%	-105.16%	-90.11%	-100.84%	-38.33%	-22.12%
Gross Margin	-2.96%	-5.2%	-33.48%	-3.12%	-3.01%	-11.45%	-10.79%	-7.58%	1.79%	14.79%
Net Margin	-69.62%	-94.69%	-215.39%	-58.4%	-76.96%	-83.94%	-73.27%	-89.48%	-23.84%	-22.87%
Debt / Equity	-	-	-	-	0.10x	0.08x	0.08x	0.07x	0.03x	0.05x
Interest Coverage	-4.49x	-10.11x	-5.69x	-2.32x	-4.57x	-437.87x	-6599.00x	-19716.00x	-1355.08x	-342.85x
FCF Conversion	1.34x	0.68x	1.13x	0.20x	1.23x	0.79x	0.97x	0.92x	0.83x	0.19x
Revenue Growth	155.67%	5.26%	-49.23%	336.42%	-17.05%	21.5%	44.95%	144.33%	206.22%	-26.75%

Revenue by Segment

	2018	2019	2020	2021	2023	2024
Product	-	-	-	-	65.15M	46.06M
Product Growth	-	-	-	-	-	-29.31%
Shipping and Handling	-	-	-	319.35K	2.31M	2.27M
Shipping and Handling Growth	-	-	-	-	622.71%	-1.82%
Professional Services	-	-	-	-	146K	1.13M
Professional Services Growth	-	-	-	-	-	671.92%
Maintenance	-	-	-	44.07K	83K	129K
Maintenance Growth	-	-	-	-	88.35%	55.42%
Service, Other	-	-	-	98.13K	-	-
Service, Other Growth	-	-	-	-	-	-
Product Sales	6.14M	5.09M	6.13M	-	-	-
Product Sales Growth	-	-17.13%	20.44%	-	-	-
Maintenance Fees	7.58K	13.05K	30.96K	-	-	-
Maintenance Fees Growth	-	72.32%	137.13%	-	-	-

Frequently Asked Questions

Growth & Financials

Beam Global (BEEM) reported $27.7M in revenue for fiscal year 2024. This represents a 1101% increase from $2.3M in 2011.

Beam Global (BEEM) saw revenue decline by 26.8% over the past year.

Beam Global (BEEM) reported a net loss of $29.3M for fiscal year 2024.

Dividend & Returns

Beam Global (BEEM) has a return on equity (ROE) of -24.8%. Negative ROE indicates the company is unprofitable.

Beam Global (BEEM) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.