One-glance verdict
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
BEEM · NCM · Technology · Solar
Current price
$0.70
52-week range
$0.68 - $2.33
Market cap
$16.80M
One-glance verdict
Not enough cash-flow history to value this one with our method.
Balance sheet
Net debt $894.00K. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
Beam Global makes solar-powered electric vehicle charging stations and other clean energy products for cities and disaster relief. Their money mainly comes from selling these charging stations and related services, and this matters because it shows how they're growing their business in the expanding electric vehicle and renewable energy markets.
Beam Global, originally founded in 2006 as Envision Solar International, Inc., has evolved into a clean-technology company focused on renewable energy infrastructure. The company rebranded to Beam Global in September 2020, signaling a strategic shift towards broader clean energy solutions. This transformation reflects a growing global demand for sustainable energy and charging infrastructure, particularly for electric vehicles.
Beam Global designs, engineers, manufactures, and sells products that harness renewable energy, primarily solar power, to provide charging and power solutions. Think of them as building the infrastructure that allows devices and vehicles to run on clean energy without needing to be plugged into the traditional electrical grid. Their solutions often incorporate solar panels and battery storage to create self-sufficient power sources.
This is Beam Global's flagship product, an infrastructure solution that uses solar power and battery storage to provide charging for electric vehicles (EVs). It's essentially a solar-powered charging station that doesn't require connection to the electrical grid, making it deployable in various locations. The EV ARC system can also include DC fast charging capabilities, which significantly speeds up the time it takes to charge an EV.
BeamSpot offers charging and emergency power products for EVs and autonomous vehicles (AVs), providing flexible power solutions. BeamSkoot focuses on charging infrastructure for electric mopeds, addressing a growing micro-mobility market. BeamBike is a solar-powered system designed to generate and store its own electricity specifically for e-bike rentals or sharing programs, offering a self-contained solution for personal electric transportation.
Beam Global also provides specialized products like BeamPatrol for charging electric motorcycles used by law enforcement, and BeamWell for operational power in remote or disaster-stricken areas. Additionally, they offer smart city infrastructure products, integrating renewable energy, battery storage, and communication technologies for applications like streetlighting and other urban amenities.
Management is focused on expanding the company's reach in the rapidly growing electric vehicle charging market and the broader smart city infrastructure space. They are emphasizing the deployment of their EV ARC products, which offer a grid-independent charging solution, and leveraging their expertise in integrating renewable energy and battery storage for diverse applications. The strategy aims to capitalize on the global transition towards sustainable energy and electrification.
Price history
Earnings history
Click any quarter to read the call summary and what the numbers say.
Is it cheap or expensive?
We couldn't calculate a fair value right now.
Is it drowning in debt?
Net debt $894,000. Interest coverage -644.3x.
Beam Global's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Total debt $1.92M Interest coverage -644.31x This is the baseline the peer rows are being compared against.
Total debt $244.15M Interest coverage -3.77x Neither company has much profit cushion over interest right now.
Total debt $3.83M Interest coverage -173.27x Neither company has much profit cushion over interest right now.
Total debt $4.75M Interest coverage -0.41x Neither company has much profit cushion over interest right now.
Total debt $50.52M Interest coverage 1.59x This peer still has a real interest-payment cushion, while BEEM does not.
Total debt $11.39M Interest coverage -2.10x Neither company has much profit cushion over interest right now.
What you should know
The numbers
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Valuation
Profitability
Health
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Metric explainer
Debt comparison
What you should know