Sector: Utilities | Industry: Electric Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 407 Lincoln Rd Ste 704 MIAMI BEACH FL 33139-3024 |
Tel: | N/A |
Website: | https://www.blinkcharging.com |
IR: | See website |
Key People | ||
Brendan Sean Jones President, Chief Executive Officer, Director | Michael P. Rama Chief Financial Officer | Michael C. Battaglia Chief Operating Officer |
Aviv Hillo Executive Vice President - Mergers & Acquisitions, General Counsel | Jenifer Yokley Senior Vice President - Global Marketing | Harjinder Bhade Chief Technology Officer | Jim Nemec Chief Revenue Officer |
Business Overview |
Blink Charging Co. is a manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and networked EV charging services in the United States and international markets for EVs. The Company offers residential and commercial EV charging equipment and services, enabling EV drivers to recharge at various location types. The Company's principal line of products and services includes the Blink EV charging network (Blink Network), EV charging equipment, EV charging services, SemaConnect, Blue Corner and BlueLA. The Blink Network uses cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. The Blink Networks provide property owners, managers, parking companies, and state and municipal entities, among other types of commercial customers, with cloud-based services that enable the remote monitoring and management of EV charging stations. The Blink Networks also provide EV drivers. |
Financial Overview |
For the nine months ended 30 September 2023, Blink Charging Co revenues increased from $38.5M to $97.9M. Net loss increased from $63.4M to $184M. Revenues reflect Product sales increase from $30.2M to $76M, Revenue Sales of Goods & Services increase from $3.9M to $11.1M, Network fees increase from $2.1M to $5.3M. Higher net loss reflects Compensation increase from $37.6M to $76M (expense). |
Employees: | 564 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $157.51M as of Sep 30, 2023 |
Annual revenue (TTM): | $120.49M as of Sep 30, 2023 |
EBITDA (TTM): | -$101.07M as of Sep 30, 2023 |
Net annual income (TTM): | -$212.15M as of Sep 30, 2023 |
Free cash flow (TTM): | -$112.56M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 67,407,973 as of Nov 9, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |