![]() ![]() Increased momentum in enterprise customers, multi-unit orders and repeat customers.Announced partnership with Volvo Construction Equipment (CE) to bundle EV ARC™ off-grid EV charging systems with Volvo electric construction equipment. ![]() Received $0.9 million battery order to power autonomous on-demand delivery drones.Awarded new State of California Contract for rapidly deployed sustainable EV charging infrastructure products.Awarded Federal Blanket Purchase Agreement (BPA) for Electric Vehicle Charging Infrastructure.Grew EV ARC™ system revenue per employee by 34% over Q2 of 2021.Grew sales pipeline to a new record of $122 million.Grew sales orders to a record backlog of over $10M.Reduced net loss by over 14% of revenue in first half despite inflation and acquisition.Improved Gross Profitability in first half by 4% of revenue despite inflation.Generated highest first half revenue in the company’s history of 7.5M, a 114% increase over first half 2021.Generated the highest second quarter revenue in the company’s history of $3.7 million, a 75% increase over Q2 2021. ![]() 12, 2022 (GLOBE NEWSWIRE) - Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, today announced the financial results for the second fiscal quarter ended June 30, 2022.įiscal Q2 2022 and Recent Company Highlights ![]()
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