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Jun 30, 2020

Blink Charging Q2 2020 Earnings Report

Blink Charging announced record revenues for the second quarter 2020.

Key Takeaways

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.

Revenue for the first half of 2020 has already surpassed revenue for all of 2019.

Seeing more and larger opportunities across the business.

Entered into a partnership with Cushman & Wakefield for the marketing and potential deployment of Blink charging stations.

Signed an interoperability agreement with SemaConnect.

Total Revenue
$900K
Previous year: $716K
+25.7%
EPS
-$0.11
Previous year: -$0.09
+22.2%
Gross Profit
$414K
Previous year: $315K
+31.6%
Cash and Equivalents
$3.82M
Previous year: $10.1M
-62.2%
Free Cash Flow
-$3.25M
Previous year: -$2.48M
+31.3%
Total Assets
$11M
Previous year: $16.9M
-34.9%

Blink Charging

Blink Charging