BEEM - Beam Global GAAP EPS of -$0.77 misses by $0.38 revenue of $7.9M beats by $0.37M

2023-03-29 16:40:37 ET

• Beam Global press release ( NASDAQ: BEEM ): Q4 GAAP EPS of -$0.77 misses by $0.38 .
• Revenue of $7.9M (+126.4% Y/Y) beats by $0.37M .
• At December 31, 2022, we had cash of $1.7 million, compared to $21.9 million at December 31, 2021.
• Record Q4 revenues of $7.9 million, 126% year over year increase
• Record annual orders of $76 million, 548% year over year increase
• Record full year EV ARC™ system production, 105% year over year increase
• Record Q4 EV ARC™ system production, 115% year over year increase
• Orders from commercial sector grew 1190% year over year
• Orders from government sector grew 489% year over year
• Secured $100 million credit facility through London based OCI Group.
• Shares +0.51% .

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