United States was Beam Global’s largest region in fiscal 2024, bringing in $37.49M of $49.34M (76%).
| Geography | FY 2023 | FY 2024 |
|---|---|---|
| United States | $63.96M | $37.49M |
| Serbia | $291.00K | $6.95M |
| Romania | $436.00K | $1.97M |
| Cyprus | — | $1.01M |
| Croatia | $1.01M | $697.00K |
| Other Countries | $888.00K | $571.00K |
| Montenegro | $775.00K | $646.00K |
| Total | $67.35M | $49.34M |
Beam Global brought in $49.34M from its seven regions in fiscal 2024, the year ended December 31, 2024. Beam Global regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $67.35M. United States was the largest at $37.49M (76.0%), ahead of Serbia at $6.95M (14.1%) and Romania at $1.97M (4.0%). The other four regions brought in $2.92M combined.
Compared with fiscal 2023, Serbia grew fastest, up 2,288.7% to $6.95M, while United States fell the most, down 41.4% to $37.49M.
Beam Global began breaking out Cyprus in fiscal 2024, when it brought in $1.01M.
Product was Beam Global’s largest product and service line in fiscal 2024, bringing in $46.06M of $49.58M (93%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|
| Product | $20.35M | $65.15M | $46.06M | ||||
| Product Sales | — | — | — | ||||
| Shipping & Handling | $1.14M | $2.31M | $2.27M | ||||
| Professional Services | $527.00K | $146.00K | $1.13M | ||||
| Maintenance | $53.00K | $83.00K | $129.00K | ||||
| Maintenance Fees | — | — | — | ||||
| Service, Other | — | — | — | ||||
| Total | $22.06M | $67.69M | $49.58M |
Beam Global brought in $49.58M from its four product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 26.8% from $67.69M in fiscal 2023. Product was the largest at $46.06M (92.9%), ahead of Shipping & Handling at $2.27M (4.6%) and Professional Services at $1.13M (2.3%). The remaining line, Maintenance, brought in $129.00K.
Compared with fiscal 2023, Professional Services grew fastest, up 671.9% to $1.13M, while Product fell the most, down 29.3% to $46.06M. From fiscal 2022 to 2024, combined revenue from these lines grew from $22.06M to $49.58M, a compound annual growth rate of 49.9%. Product's share of the total rose from 92.2% to 92.9%.
United States was Beam Global’s largest region in fiscal 2024, bringing in $37.49M of $49.34M (76%).
| Geography | FY 2023 | FY 2024 |
|---|---|---|
| United States | $63.96M | $37.49M |
| Serbia | $3.40M | $11.84M |
| Total | $67.35M | $49.34M |
Beam Global brought in $49.34M from its two regions in fiscal 2024, the year ended December 31, 2024. That was down 26.8% from $67.35M in fiscal 2023. United States was the largest at $37.49M (76.0%), ahead of Serbia at $11.84M (24.0%).
Compared with fiscal 2023, Serbia grew 248.7% to $11.84M, while United States fell 41.4% to $37.49M.
Beam Global (BEEM) reports its revenue by geography and by product and service. In fiscal 2024, United States was its largest region, bringing in $37.49M (76.0% of the total), followed by Serbia at $6.95M (14.1%).
United States was Beam Global's largest region in fiscal 2024, bringing in $37.49M, or 76.0% of the $49.34M total across its seven regions.
Product was Beam Global's largest product and service line in fiscal 2024, bringing in $46.06M, or 92.9% of the $49.58M total across its four product and service lines.
Among Beam Global's product and service lines that make up at least 2% of revenue, Professional Services grew fastest in fiscal 2024, up 671.9% from $146.00K to $1.13M.
Every figure comes from Beam Global's annual financial filings, as reported. Each line keeps the name Beam Global gives it, and years follow its fiscal calendar.
Beam Global's revenue by geography goes back to fiscal 2023, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.