Earnings Call Summary | Beam Global(BEEM.US) Q1 2024 Earnings Conference
Earnings Call Summary | Beam Global(BEEM.US) Q1 2024 Earnings Conference
The following is a summary of the Beam Global (BEEM) Q1 2024 Earnings Call Transcript:
以下是Beam Global（BEEM）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Beam Global reported Q1 2024 revenues of $14.6 million, a 12% increase over the same period in 2023, largely driven by an increase in federal sales.
The company achieved a highest ever gross profit margin of 10.2%, mainly due to cost reductions implemented in late 2023.
Operating expenses for Q1 2024 was $4.5 million or 31% of revenue, a minor increase from 30% of revenue for Q1 2023.
Improvements were seen in net loss, which stood at $3 million or 21% of revenue, a year-over-year improvement of 8%.
Cash balance as of March 2024 was $5 million.
Beam Global報告稱，2024年第一季度收入爲1,460萬美元，比2023年同期增長12％，這主要是由聯邦銷售額的增長推動的。
該公司實現了有史以來最高的毛利率，爲10.2％，這主要是由於2023年底實施了成本削減。
2024年第一季度的運營支出爲450萬美元，佔收入的31％，較2023年第一季度收入的30％略有增加。
淨虧損有所改善，爲300萬美元，佔收入的21％，同比增長8％。
截至2024年3月，現金餘額爲500萬美元。
Business Progress:
業務進展：
Beam Global commenced production of EV ARCs in its Serbian facility, with its first sale to the Ministry of Defense expected in Q2.
The company expressed intentions of expanding business in the Middle East, following its recent growth in Europe.
Beam Global expects about 20% gross profit post Q1, leveraging from engineering and operational improvements and price increases.
In Q1, the company completed its first million-dollar order in Europe and procured important new patents for product development.
Beam Global expanded its international presence with favorable reception in Serbia and Abu Dhabi.
For the remainder of 2024, Beam Global aims to improve efficiency and gross profitability and to further its global expansion and innovations in the EV market.
The acquisition of Beam Europe has allowed for better product production opportunities, significantly contributing to their bottom line.
Beam Global開始在其塞爾維亞工廠生產電動汽車逆變器，預計將在第二季度首次出售給國防部。
繼最近在歐洲的增長之後，該公司表示打算擴大在中東的業務。
Beam Global預計，得益於工程和運營改進以及價格上漲，第一季度後的毛利潤約爲20％。
在第一季度，該公司在歐洲完成了第一筆百萬美元的訂單，併爲產品開發獲得了重要的新專利。
Beam Global擴大了其國際影響力，在塞爾維亞和阿布扎比獲得了好評。
在2024年的剩餘時間裏，Beam Global的目標是提高效率和總盈利能力，並進一步擴大其在電動汽車市場的全球擴張和創新。
收購Beam Europe爲更好的產品生產提供了機會，極大地提高了他們的利潤。
More details: Beam Global IR
更多詳情： Beam 全球紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。