Beam Global
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.2M | $49.3M | $67.4M | $22.0M | $9.0M | $6.2M | $5.1M | $6.2M |
| Cost of Revenue | $24.7M | $42.0M | $66.1M | $23.7M | $10.0M | $6.9M | $5.3M | $6.4M |
| Gross Profit | $3.5M | $7.3M | $1.2M | $-1.7M | $-972.0K | $-711.0K | $-153.8K | $-192.1K |
| Gross Margin | 12.5% | 14.8% | 1.8% | -7.6% | -10.8% | -11.4% | -3.0% | -3.1% |
| Operating Expenses | ||||||||
| Research & Development | $600.0K | $1.8M | $2.3M | $1.2M | $400.0M | $261.6K | $412.6K | $164.1K |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-27.5M | $-11.7M | $-16.3M | $-19.7M | $-6.6M | $-5.2M | $-3.3M | $-2.5M |
| Operating Margin | -97.5% | -23.6% | -24.1% | -89.6% | -73.3% | -83.9% | -64.0% | -41.0% |
| Interest Expense | — | — | $12.0K | $1.0K | $1.0K | — | $716.3K | $1.1M |
| Pretax Income | $-27.4M | $-11.4M | $-16.0M | $-19.7M | $-6.6M | $-5.2M | $-3.9M | $-3.6M |
| Income Tax Expense | $-406.0K | $-94.0K | $12.0K | $2.0K | $1.0K | $4.9K | $3.1K | $0 |
| Net Income | $-27.0M | $-11.3M | $-16.1M | $-19.7M | $-6.6M | $-5.2M | $-3.9M | $-3.6M |
| Net Margin | -95.6% | -22.9% | -23.8% | -89.5% | -73.3% | -83.9% | -77.0% | -58.4% |
| EPS (Basic) | $-1.61 | $-0.77 | $-1.30 | $-1.99 | $-0.74 | $-0.84 | $-0.88 | $-1.24 |
| EPS (Diluted) | — | $-0.77 | $-1.30 | $-1.99 | $-0.74 | $-0.84 | $-0.88 | $-1.24 |
| Shares Outstanding (Basic) | 16.8K | 14.6M | 12.3M | 9.9M | 8.9M | 6.2M | 5.2M | 2.9M |
| Shares Outstanding (Diluted) | 16.8K | 14.6M | 12.3M | 9.9M | 8.9M | 6.2M | 5.2M | 2.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |