Blink Charging

Blink Charging Co. engages in the operation and provision of electric vehicles, charging equipment, and networked EV charging services. Its product line and services include the Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006 and is headquartered in Miami Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Blink Charging posts stellar Q4 results, eyes revenue diversification

Blink Charging's Q4 2022 earnings call showcased remarkable financial performance, strategic acquisitions, and a focus on service revenue growth.
The company faces challenges in balancing funding expectations, business model transitions, and operational efficiency improvements amidst a dynamic market landscape.
Opportunities lie in revenue diversification through V2G, sustained revenue growth, and flexibility in business models to drive continued expansion and profitability.

Blink Charging reports stellar Q1 revenue growth and strategic acquisitions

Blink Charging delivered robust revenue growth and operational performance in Q1 2023, underpinned by strategic acquisitions and market expansion initiatives.
While facing challenges in achieving profitability and managing capital expenditures, the company's focus on sustainability, innovation, and cost optimization positions it well for long-term success.
Opportunities in grants, contracts, and strategic partnerships offer avenues for growth and efficiency gains, signaling a positive outlook for Blink's future performance and market positioning.

Blink Charging reports stellar Q2 results, eyes sustained growth

Blink Charging's Q2 2023 performance reflects robust revenue growth and strategic initiatives to drive profitability amidst a growing EV infrastructure market.
While facing challenges such as legacy product management and revenue outlook uncertainties, the company is well-positioned to capitalize on opportunities for expansion and innovation.
By focusing on expense reduction, revenue enhancement, and operational efficiency, Blink aims to achieve financial milestones and maintain its competitive edge in the industry.

Blink Charging excels in Q3, eyes EV market growth

Blink Charging's Q3 2023 was a standout quarter, with robust revenue growth and a focus on quality and customer satisfaction.
While facing challenges like high operating expenses and legacy equipment impacts, the company is well-positioned to seize growth opportunities.
With a strategic focus on fleet sales, market expansion, and EBITDA positivity, Blink Charging is navigating towards a promising future.

Blink Charging achieves record revenues, eyes positive EBITDA by 2024

Blink Charging's strong financial performance in 2023, record revenues, and strategic initiatives position it for continued growth and financial stability.
While facing challenges in global operations and revenue diversification, the company's focus on efficiency and innovation presents opportunities for sustained success.
With a clear roadmap towards positive EBITDA, expansion in key markets, and product branding strategies, Blink Charging remains poised for future growth and profitability.

Blink Charging excels in Q1 2024, eyes EV market growth

Blink Charging delivered strong Q1 2024 results with notable revenue growth, improved gross profit, and operational milestones. The company's focus on financial targets, margin improvement, and product innovation underpins its strategic direction.
While facing challenges in cost management, government funding reliance, and operational enhancements, Blink is well-positioned to capitalize on EV market growth and infrastructure demand. Opportunities in network expansion, energy management, and product optimization pave the way for sustainable growth.
Overall, Blink Charging's Q1 performance reflects resilience, strategic foresight, and a customer-centric approach. The company's pursuit of financial stability, operational efficiency, and market opportunities positions it for continued success and value creation.

Blink Charging reports revenue growth and global expansion initiatives

Blink Charging's Q2 2024 performance reflects revenue growth, strategic partnerships, and a focus on margin improvement through product innovation
Despite market challenges, Blink remains optimistic about the EV industry's long-term prospects and is actively pursuing expansion opportunities
The company's emphasis on cost management, software services, and global growth positions it for sustained success in the evolving EV charging market

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Blink Charging Co. engages in the operation and provision of electric vehicles, charging equipment, and networked EV charging services. Its product line and services include the Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006 and is headquartered in Bowie, MD.

Beam Global

U.S. auto sales for the first quarter (Q1) were up 5%, but EV market growth continues to decelerate. High interest rates have aggravated the situation, dampening consumer demand and weighing down EV charging stocks.

If You Can Only Buy One EV Charging Stock in April, It Better Be One of These 3 Names

Nikola

Solid Power

Treasury Secretary Yellen gave hints that protections may be needed against Chinese competition. The Paris Olympics could highlight hydrogen vehicles.

Why Nikola, Solid Power, and Blink Charging Skyrocketed This Week

AbCellera Biologics

Adaptive Biotechnologies

Bitfarms Ltd

Grab Holdings Ltd

Opendoor

Taboola

This month in March is a great time to pick up shares in these best penny stocks to buy. I chose the companies due to their strong fundamentals and potential for significant upside.

The 7 Best Penny Stocks to Buy in Q2 2024

EVgo

Crisis may soon become an opportunity for EV charging stocks. Over the last few days, Shell (NYSE: SHEL ) announced it would divest about 1,000 gas stations and funnel its resources into expanding electric vehicle (EV) charging stations.

3 EV Charging Stocks to Buy on the Dip: March 2024

ChargePoint Holdings

Legislation in both the U.S. and overseas encourages the deployment of an electric vehicle (EV) charging infrastructure. As a result, investors are gravitating toward the best EV charging stocks to buy.

The 3 Best EV Charging Stocks to Buy in Q2 2024

Wallbox NV

If the global adoption of EVs increases, significant investment is required to build the necessary EV charging infrastructure. Therefore, a strong case exists for investing in high-quality EV charging stocks for multibagger returns.

3 EV Charging Stocks That Could Be Multibaggers in the Making: March Edition

Blink Charging (BLNK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Blink Charging (BLNK) Stock Might be a Great Pick

Elevation of proven trailblazer heralds new era of innovation and leadership during women's history month Bowie, Md., March 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, has promoted Jenifer Yokley to the position of Chief Marketing Officer (CMO).

Jenifer Yokley Promoted to Chief Marketing Officer at Blink Charging

Archer Aviation

Standard Lithium Ltd

Cronos Group

IAMGOLD

With gold surging above $2,200 an ounce, it seems clear that rate cuts are likely in the coming quarters. While I am discussing penny stocks for 5-bagger returns, the likely policy stance was important to mention.

Get Ready for 5-Bagger Returns on These 7 Penny Stocks

Desktop Metal

Intuitive Machines Inc

While waiting for the Reddit IPO to (likely) crash and burn based on massive oversubscription and limited prospects, some retail traders see the stock as a short-squeeze superstar in the making. Since so many expect the stock to suffer once it hits public markets, the thesis affirms that massive short selling from the outset will artificially suppress per-share pricing.

3 Short-Squeeze Stocks to Buy Before the Reddit IPO

EV charging stocks have been having it rough lately due to the slowdown in the EV market. However, it's tough to write them off so quickly, especially considering the massive long-term growth potential in the EV sphere.

Hot Stocks: The 3 Best Opportunities for Investing in EV Charging

If the electric vehicle (EV) boom is going to get off the ground, we need far more EV charging stations. In fact, as I noted on Feb. 12, “The U.S. has just under 130,000 publicly available charging ports at 50,401 charging stations, according to BlinkCharging.com.

Wall Street's Favorite EV Charging Stocks? 3 Names That Could Make You Filthy Rich

The U.S. economy is on the rise, and the stock market is moving with it. Investing in these three undervalued penny stocks can offer high potential returns, particularly for investors seeking significant portfolio growth.

The 3 Most Undervalued Penny Stocks to Buy in March 2024

Blink Charging Co. (NASDAQ:BLNK), a leading figure in the electric vehicle (EV) charging infrastructure sector, announced a seven-fold increase in annual revenues in FY23. Revenues soared to $140.6 million, alongside an impressive 89% growth in fourth-quarter revenues year-over-year, reaching $42.7 million.

After earnings, is Blink Charging Co stock a buy?

Adobe

Smartsheet

Ulta Beauty

These stocks were set to make moves on Friday.

These Stocks Are Moving the Most Today: Adobe, Madrigal, Smartsheet, Blink Charging, and Ulta

Blink Charging Co. (BLNK) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Blink Charging (BLNK) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Blink Charging (BLNK) Q4 Earnings: A Look at Key Metrics

Bowie, MD, March 14, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced financial results for the fourth quarter and year ended December 31, 2023.

BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER WITH 89% REVENUE GROWTH TO $42.7 MILLION AND 130% INCREASE IN FULL YEAR 2023 REVENUES TO $140.6 MILLION

C3.ai

Imperial Petroleum

Short-squeeze stocks may have fallen out of wider investor awareness and favor post-Gamestop (NYSE: GME ), but that doesn't mean short-squeeze stocks don't offer valuable trading opportunities today. Reasons for high short interest range wildly from poor earnings, a fundamentally weak company or misaligned company positioning compared to wider sentiment.

Eyes on the Prize: 3 Stocks Set for a Short Squeeze

Some of the most undervalued EV charging stocks are showing big signs of life again.  For one, according to ChargePoint (NYSE: CHPT ) CEO Rick Wilmer, the number of charging stations is increasing rapidly, as noted by the Associated Press.

The 3 Most Undervalued EV Charging Stocks to Buy in March 2024

Stem, Inc

Last week, President Joe Biden delivered a State of the Union address to mostly positive reviews. For one, Biden made clear the differences between himself and former President Donald Trump, emphasizing the need for climate change action and higher taxation on the billionaire class.

3 EV Charging Stocks to Buy as the U.S. ‘Fights for the Future'

Along with the new headquarters, Blink is increasing its manufacturing capacity by constructing a state-of-the-art advanced 30,000 square-foot facility.

Blink Charging Establishes Global Corporate Headquarters and Announces Expansion of Manufacturing Facility in Bowie, Maryland

Ring Energy

As I talk about the penny stocks for the next decade, the following point is worth mentioning. In the 1950s, the holding period of stocks was around eight years.

From Zero to Hero: 7 Penny Stocks Set for a Decade of Dominance

EV charging stocks are showing big signs of life, thanks to improvements in electric vehicle (EV) sales and an uptick in charging station use. All of which made it easy to spot some of the top EV charging stocks to buy.

The Top 3 EV Charging Stocks to Buy in March 2024

Blink's business model of selling charging hardware as well as operating its own charging network will allow it to benefit the most from a potential EV demand rebound this year. I expect EV demand to reaccelerate this year due to EV tax rebates being offered at the point of sale and NEVI installs picking up this year. Return to office policies will increase demand for EV charging stations to accommodate the returning employees.

News for Blink Charging Stock (BLNK)