Blink Charging Earnings Reports

Blink Charging reported a decrease in total revenues to $25.2 million, but service revenues increased by 30%. The company's gross profit margin improved to 36%, and operating expenses decreased by 21%. Net loss was $(87.4) million, or $(0.86) per share.

Blink Charging Co. reported a revenue increase for Q2 2024, alongside a significant reduction in operating expenses. The company is adjusting its full-year revenue target to $145 million - $155 million and aims to achieve positive adjusted EBITDA in 2025.

Blink Charging reported a strong first quarter with a 73% increase in revenue to $37.6 million and a gross margin of 36%. The company is focused on strategic initiatives to leverage vertical integration and optimize operations. While April saw lower bookings, Blink maintains its 2024 revenue target of $165 to $175 million.

Blink Charging announced record fourth-quarter revenue of $42.7 million, an 89% increase compared to the fourth quarter of 2022. The company's full-year revenue for 2023 increased by 130% to $140.6 million. Blink Charging is targeting between $165 million to $175 million in revenues for the full year 2024 and reiterates its target of achieving a positive adjusted EBITDA run rate by December 2024.

Blink Charging announced a record third quarter with a 152% increase in revenue to $43.4 million and a 167% increase in gross profit. The company is increasing its 2023 revenue target to $128 - $133 million.

Blink Charging announced a record second quarter with a 186% increase in revenue and a 528% increase in gross profit. The company is increasing its 2023 revenue target to $110 - $120 million and is targeting achieving a positive Adjusted EBITDA run rate by December 2024.

Blink Charging announced a 121% increase in total revenue, reaching $21.7 million for the first quarter of 2023. Gross profit also increased significantly, up 186% to $4.5 million. However, the company's net loss widened to $29.8 million, or $(0.53) per share.

Blink Charging reported a 184% increase in revenue to $22.6 million for Q4 2022, driven by increased product sales and service revenues. Gross profit increased by 370% to $6.5 million. The company is targeting revenues between $100 million and $110 million for the full year 2023.

Blink Charging Co. announced a 169% increase in total revenues to $17.2 million for the third quarter of 2022, driven by increased product and service revenues. Gross profit increased by 436% to $4.8 million. However, the company reported a net loss of $25.6 million, or $(0.51) per share.

Blink Charging reported a 164% increase in total revenue to $11.5 million for Q2 2022, driven by organic growth and acquisitions of EB Charging and SemaConnect. The company's net loss was $22.6 million, or $(0.52) per share, and cash and cash equivalents totaled $85.1 million as of June 30, 2022.

Blink Charging Co. reported a significant increase in revenue for Q1 2022, driven by increased product sales and service revenues. Total revenues increased by 339% compared to the same period in 2021. However, the company's net loss also increased.

Blink Charging Co. reported a significant increase in revenue for Q4 2021, reaching $7.9 million, a 224% increase compared to Q4 2020. This growth was primarily driven by increased product sales and service revenues. However, the company experienced a net loss of $19.0 million, or $0.45 per share, compared to a net loss of $7.9 million, or $0.24 per share in Q4 2020.

Blink Charging Co. announced strong third-quarter results, with total revenues reaching $6.4 million, a 607% increase compared to the prior year period. The company experienced growth in product sales and service revenues, driven by increased charger utilization and expansion of the Blink network. However, the net loss for the quarter was $15.3 million, or $0.36 per share, compared to a net loss of $3.9 million, or $0.12 per share in the third quarter of 2020.

Blink Charging announced strong second quarter results, driven by growth in hardware sales and service revenues. The company continues to scale its business and expand its global presence, including the acquisition of Blue Corner N.V.

Blink Charging announced a strong start to 2021 with significant revenue and sales growth. The company is focused on expanding its leadership role in the EV charging industry, both domestically and internationally. They also announced the acquisition of Blue Corner N.V., which expands their presence in Europe.

Blink Charging's Q4 2020 results showed a strong close to the year, with significantly increased revenue driven by substantial growth in product sales.

Blink Charging announced its Q3 2020 financial results, demonstrating growth through increased revenue driven by significant increases in product sales, despite challenges with logistics, shipping delays, and a decrease in driving patterns impacting utilization due to the ongoing pandemic. The company sold, deployed, or acquired 668 EV charging stations across 25 states, including upgrades of first-generation equipment with state-of-the-art IQ 200 chargers.

Blink Charging announced that the revenue for the first half of 2020 has already surpassed the revenue for all of 2019, driven by the marketplace interest in their product and service offerings.

Blink Charging announced record quarterly revenue driven by solid growth and strong product sales of EV charging equipment and services, despite the COVID-19 pandemic.

Blink Charging announced its 2019 financial results, highlighting a year of investment in the development, pilot, and launch of the IQ 200, along with upgrades to the Blink network and expansion of sales and marketing efforts.