Blink Charging Co. BLNK
Charging Co., through its consolidated subsidiaries, is a leading owner, operator, and provider of electric vehicle
("EV") charging equipment and networked EV charging services in the rapidly growing U.S. and international markets for
EVs. Blink offers EV charging equipment and services, enabling EV drivers to recharge at various locations. Blink's
principal line of products and services is its Blink EV charging networks (the "Blink Network") and Blink EV charging
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $103.5M | $124.0M | $140.6M | $61.1M | $20.9M | $6.2M | $2.8M | $2.7M | $120.9K | $3.3M |
| Cost of revenue | $78.0M | $86.4M | $100.4M | $46.3M | $18.1M | $4.7M | $2.4M | $1.8M | $1.5M | $2.8M |
| Gross profit | $25.5M | $37.6M | $40.2M | $14.8M | $2.8M | $1.5M | $392.0K | $902.5K | $1.0M | $512.3K |
| SG&A | $29.3M | $459.0K | $35.1M | $28.4M | $10.5M | $4.0M | $1.9M | $1.4M | $1.3M | $1.4M |
| Total operating expenses | $109.6M | $240.8M | $239.8M | $104.7M | $58.5M | $19.3M | $10.9M | $12.5M | $8.5M | $7.7M |
| Operating income | -$84.1M | -$203.2M | -$199.6M | -$89.9M | -$55.7M | -$17.8M | -$10.5M | -$11.6M | -$7.4M | -$7.2M |
| Interest expense | $19.0K | $431.0K | $3.5M | $1.5M | $9.0K | — | — | — | — | — |
| Pre-tax income | -$83.1M | -$200.7M | -$202.2M | -$91.3M | -$55.1M | -$17.8M | $9.6M | -$3.4M | — | — |
| Income tax | $317.0K | $656.0K | $1.5M | $308.0K | — | — | — | — | — | — |
| Net income | -$83.4M | -$198.1M | -$203.7M | -$91.6M | -$55.1M | -$17.8M | -$9.6M | -$3.4M | -$75.4M | -$7.7M |
| EPS, basic | -0.76 | -2.00 | -3.21 | -1.94 | -1.32 | -0.59 | -0.37 | -1.30 | -25.95 | — |
| EPS, diluted | -0.76 | -2.00 | -3.21 | -1.94 | -1.32 | -0.59 | -0.37 | -1.30 | -25.95 | -3.17 |
| Shares, diluted (wtd. avg.) | $109.1M | $100.8M | $63.5M | $46.9M | $41.9M | $30.0M | $26.2M | $20.7M | $3.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $39.6M | $41.8M | $98.7M | $36.6M | $174.8M | $22.3M | $4.2M | $15.5M | $185.2K | $5.9K |
| Short-term investments | — | $13.6M | $23.0M | — | — | — | $3.0M | $2.9M | — | — |
| Receivables | $29.5M | $42.1M | $45.4M | $23.6M | $6.3M | $348.0K | — | — | — | — |
| Inventory | $14.2M | $36.6M | $47.9M | $34.7M | $10.4M | $1.8M | $2.2M | $1.2M | $247.5K | $394.8K |
| Total current assets | $89.3M | $139.5M | $221.7M | $99.3M | $192.5M | $25.7M | $10.2M | $20.7M | $768.9K | $613.7K |
| Property, plant and equipment | $42.7M | $37.4M | $35.1M | $25.9M | $14.6M | $5.6M | $1.3M | $383.6K | $376.9K | $755.7K |
| Goodwill | $1.7M | $17.9M | $144.9M | $203.8M | $19.4M | $1.5M | — | — | — | — |
| Other intangibles | $6.6M | $10.4M | $16.3M | $26.6M | $3.5M | $46.0K | $107.4K | $280.0K | $106.2K | $116.5K |
| Total assets | $147.5M | $215.0M | $428.5M | $362.5M | $231.9M | $34.0M | $11.9M | $21.7M | $2.7M | $1.9M |
| Accounts payable | $28.4M | $28.9M | $31.2M | $24.6M | $7.1M | $3.4M | $2.4M | $2.6M | $4.2M | $3.5M |
| Total current liabilities | $63.5M | $59.5M | $69.7M | $50.3M | $16.2M | $6.1M | $4.4M | $5.2M | $35.5M | $21.8M |
| Total liabilities | $83.0M | $99.5M | $139.1M | $101.6M | $18.1M | $6.8M | $4.5M | $5.6M | $38.8M | $21.9M |
| Retained earnings | -$822.4M | -$739.0M | -$537.7M | -$334.0M | -$242.5M | -$187.4M | -$169.5M | -$159.9M | -$156.4M | -$81.1M |
| Total equity | $64.5M | $115.5M | $289.4M | $261.0M | $213.8M | $27.2M | $7.4M | $16.1M | -$36.9M | $20.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$30.9M | -$48.3M | -$97.6M | -$82.4M | -$40.6M | -$18.1M | -$10.8M | -$13.6M | -$2.5M | -$2.7M |
| Depreciation and amortisation | $4.9M | $6.8M | $4.9M | $5.4M | $1.9M | $378.0K | $187.0K | $280.5K | $409.3K | $851.5K |
| Stock-based compensation | $2.8M | $3.5M | $22.0M | $15.9M | — | — | — | — | — | — |
| Capital expenditure | $9.7M | $8.6M | $7.6M | $5.2M | $7.1M | $2.5M | $553.0K | $37.7K | $23.2K | $80.5K |
| Investing cash flow | $8.5M | $5.3M | -$36.2M | -$57.4M | -$30.4M | $260.0K | -$553.0K | -$2.8M | -$23.2K | -$80.5K |
| Financing cash flow | $19.3M | -$12.4M | $197.3M | $6.4M | $223.3M | $36.1M | -$52.0K | $31.7M | $2.8M | $2.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-024670.
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