• Beam Global discussed fiscal 2025 results on April 9 conference call attended by CEO Desmond Wheatley, CFO Lisa Potok, analysts from Roth Capital Partners, Maxim Group, B. Riley FBR, Tuohy Brothers Investment Research.
• Q4 revenue rose to USD 9 million, up 56% sequentially; full-year revenue fell to USD 28.2 million from USD 49.3 million as U.S. federal orders dropped to under 5% of sales.
• Management highlighted customer shift toward commercial buyers, with commercial representing 72% of 2025 revenue; Q4 gross margin was 18.
• Company ended 2025 with USD 6 million backlog, no debt, USD 100 million undrawn credit facility; CEO said backlog rose to about USD 9 million with most expected to convert within 1-2 quarters.
• CEO outlined growth priorities in smart cities, energy storage, drones, autonomous vehicle wireless charging; he cited Beam Middle East joint venture in UAE with Platinum Group as platform to expand regionally.

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