Blink Charging Co (OQ:BLNK)
Business Focus: N/A
| 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 and Acquisitions, General Counsel, Director | Harjinder Bhade Chief Technology Officer | |
| Business Overview |
| Blink Charging Co. is a manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services. The Company offers residential and commercial EV charging equipment and services. Its principal line of products and services is its Blink EV charging networks (the Blink Networks) and Blink EV charging equipment, also known as electric vehicle supply equipment, and other EV-related services. The Blink Networks are a proprietary, cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated charging data, back-end operations and payment processing. The Blink Networks also provide EV drivers with station information. The Company offers a range of Level 2 (AC) EV charging equipment, ideal for commercial and residential use, with the North American standard J1772 connector, the North American Charging Standard connector, and the Type 2 connector compatible with electric vehicles in Europe and across Latin America. |
| Financial Overview |
| For the six months ended 30 June 2024, Blink Charging Co revenues increased 30% to $70.8M. Net loss decreased 48% to $37.2M. Revenues reflect United States segment increase of 39% to $52.1M, International segment increase of 11% to $18.7M. Lower net loss reflects Compensation decrease of 46% to $32.6M (expense), General and administrative expenses decrease of 57% to $7.8M (expense). |
| Employees: | 684 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $128.02M as of Jun 30, 2024 |
| Annual revenue (TTM): | $156.92M as of Jun 30, 2024 |
| EBITDA (TTM): | -$60.45M as of Jun 30, 2024 |
| Net annual income (TTM): | -$169.64M as of Jun 30, 2024 |
| Free cash flow (TTM): | -$69.41M as of Jun 30, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 101,151,449 as of Aug 5, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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