Filing Flows › Beam Global (BEEM) › Q4 2024
Beam Global (BEEM) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 11, 2025
Beam Global (BEEM) reported revenue of $8.5M for the fourth quarter 2024 (Q4 2024), -58% from a year earlier and -26% from the quarter before. Operating margin was -60.1%, net loss $4.6M (54.5% of revenue).
Beam Global, Q4 2024: revenue $8.5M (-58% year over year), operating margin -60.1%, net loss $4.6M, operating cash flow $859K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5M | -26% | -58% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | $859K | — | +86% |
| Free cash flow | $462K | — | +49% |
What changed
Revenue was $8.5M in Q4 2024, down 58% year over year and down 26% from the previous quarter. Product was the largest line at 92% of revenue.
Gross margin was 26.3%, up 24.2 points from a year earlier. Operating costs exceeded revenue by $5.1M, an operating margin of -60.1%. Operating expenses grew 32% against a revenue fall of 58%. The quarter ended with a net loss of $4.6M, after a profit of $1.3M the previous quarter.
Operating cash flow was $859K (up 86% year over year). Non-cash charges added back $868K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $397K left free cash flow of $462K.
Questions
What was Beam Global's revenue in the fourth quarter 2024?
Beam Global (BEEM) reported revenue of $8.5M for the fourth quarter 2024 (Q4 2024), -58% from a year earlier and -26% from the quarter before.
Was Beam Global profitable in the fourth quarter 2024?
Operating loss was $5.1M (-60.1% of revenue) and net loss $4.6M.
Source: Beam Global 10-K on SEC EDGAR.