#Beem global stock free

NasdaqCM:BEEM Debt to Equity History January 22nd 2022 How Well Is Beam Global Growing?Īt first glance it's a bit worrying to see that Beam Global actually boosted its cash burn by 38%, year on year. The image below shows how its cash balance has been changing over the last few years. In that case, it may never reach the end of its cash runway. Importantly, though, analysts think that Beam Global will reach cashflow breakeven before then. So it had a cash runway of about 3.4 years from September 2021. Importantly, its cash burn was US$6.7m over the trailing twelve months. As at September 2021, Beam Global had cash of US$23m and such minimal debt that we can ignore it for the purposes of this analysis. See our latest analysis for Beam Global When Might Beam Global Run Out Of Money?Ī company's cash runway is calculated by dividing its cash hoard by its cash burn. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

#Beem global stock free

In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. So, the natural question for Beam Global ( NASDAQ:BEEM) shareholders is whether they should be concerned by its rate of cash burn. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. For example, although software-as-a-service business lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Just because a business does not make any money, does not mean that the stock will go down.