Earnings Summary

Beam Global’s revenue jumped 53.82% since last year same period to $20.03Mn in the Q1 2024. On a quarterly growth basis, Beam Global has generated 0% jump in its revenue since last 3-months.

Beam Global’s net profit fell -32.34% since last year same period to $-5.07Mn in the Q1 2024. On a quarterly growth basis, Beam Global has generated 0% jump in its net profits since last 3-months.

Beam Global’s net profit margin jumped 13.97% since last year same period to -25.31% in the Q1 2024. On a quarterly growth basis, Beam Global has generated 0% jump in its net profit margins since last 3-months.

Beam Global’s earning per share (EPS) estimates for the current quarter stand at -0.29 - a 29.27% jump from last quarter’s estimates.

Beam Global’s earning per share (EPS) estimates for the current year stand at -0.29.

Beam Global’s earning per share (EPS) fell -76.32% since last year same period to -0.67 in the Q1 2024. This indicates that the Beam Global has generated -76.32% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Beam Global’s return on assets (ROA) stands at -0.17.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Beam Global’s return on equity (ROE) stands at -0.44.