International ExpansionInternational sales rose to 25% of revenue in 2024 compared to 15% in 2023, aided by acquisitions of Amiga and Telcom.
Product DiversificationThe company has launched new products such as BeamSpot, BeamBike, BeamPatrol, and BeamWell, targeting both U.S. and European markets, and addressing various needs.
Profit MarginsBEEM is targeting a 50% gross profit margin, compared to the 4Q24 gross profit margin of 26.3%, due to operating efficiencies and more focus on EV charging infrastructure products to corporate customers.