Blink Charging

Blink Charging Co. engages in the operation and provision of electric vehicles, charging equipment, and networked EV charging services. Its product line and services include the Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006 and is headquartered in Miami Beach, FL.

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Blink Charging posts stellar Q4 results, eyes revenue diversification

Blink Charging's Q4 2022 earnings call showcased remarkable financial performance, strategic acquisitions, and a focus on service revenue growth.
The company faces challenges in balancing funding expectations, business model transitions, and operational efficiency improvements amidst a dynamic market landscape.
Opportunities lie in revenue diversification through V2G, sustained revenue growth, and flexibility in business models to drive continued expansion and profitability.

Blink Charging reports stellar Q1 revenue growth and strategic acquisitions

Blink Charging delivered robust revenue growth and operational performance in Q1 2023, underpinned by strategic acquisitions and market expansion initiatives.
While facing challenges in achieving profitability and managing capital expenditures, the company's focus on sustainability, innovation, and cost optimization positions it well for long-term success.
Opportunities in grants, contracts, and strategic partnerships offer avenues for growth and efficiency gains, signaling a positive outlook for Blink's future performance and market positioning.

Blink Charging reports stellar Q2 results, eyes sustained growth

Blink Charging's Q2 2023 performance reflects robust revenue growth and strategic initiatives to drive profitability amidst a growing EV infrastructure market.
While facing challenges such as legacy product management and revenue outlook uncertainties, the company is well-positioned to capitalize on opportunities for expansion and innovation.
By focusing on expense reduction, revenue enhancement, and operational efficiency, Blink aims to achieve financial milestones and maintain its competitive edge in the industry.

Blink Charging excels in Q3, eyes EV market growth

Blink Charging's Q3 2023 was a standout quarter, with robust revenue growth and a focus on quality and customer satisfaction.
While facing challenges like high operating expenses and legacy equipment impacts, the company is well-positioned to seize growth opportunities.
With a strategic focus on fleet sales, market expansion, and EBITDA positivity, Blink Charging is navigating towards a promising future.

Blink Charging achieves record revenues, eyes positive EBITDA by 2024

Blink Charging's strong financial performance in 2023, record revenues, and strategic initiatives position it for continued growth and financial stability.
While facing challenges in global operations and revenue diversification, the company's focus on efficiency and innovation presents opportunities for sustained success.
With a clear roadmap towards positive EBITDA, expansion in key markets, and product branding strategies, Blink Charging remains poised for future growth and profitability.

Blink Charging excels in Q1 2024, eyes EV market growth

Blink Charging delivered strong Q1 2024 results with notable revenue growth, improved gross profit, and operational milestones. The company's focus on financial targets, margin improvement, and product innovation underpins its strategic direction.
While facing challenges in cost management, government funding reliance, and operational enhancements, Blink is well-positioned to capitalize on EV market growth and infrastructure demand. Opportunities in network expansion, energy management, and product optimization pave the way for sustainable growth.
Overall, Blink Charging's Q1 performance reflects resilience, strategic foresight, and a customer-centric approach. The company's pursuit of financial stability, operational efficiency, and market opportunities positions it for continued success and value creation.

Blink Charging reports revenue growth and global expansion initiatives

Blink Charging's Q2 2024 performance reflects revenue growth, strategic partnerships, and a focus on margin improvement through product innovation
Despite market challenges, Blink remains optimistic about the EV industry's long-term prospects and is actively pursuing expansion opportunities
The company's emphasis on cost management, software services, and global growth positions it for sustained success in the evolving EV charging market

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Blink Charging Co. engages in the operation and provision of electric vehicles, charging equipment, and networked EV charging services. Its product line and services include the Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006 and is headquartered in Bowie, MD.

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Blink Charging Co. (NASDAQ:BLNK ) 35th Annual Roth Conference March 13, 2023 12:25 PM ET Company Participants Michael Farkas - Founder, Executive Chairman and Chief Executive Officer Conference Call Participants Unidentified Analyst Alright. Thank you everybody for joining us.

Blink Charging Co. (BLNK) Present at 35th Annual Roth Conference (Transcript)

Miami Beach, FL, March 08, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that Michael D. Farkas, Chairman and Chief Executive Officer, will present at the 35th Annual Roth Conference at 9:25 a.m. PT on Monday, March 13, 2023. The Company will also be available for one-on-one meetings on Monday, March 13 and Tuesday, March 14.

Blink Charging to Present at the 35th Annual Roth Conference

Blink Charging Co. (NASDAQ:BLNK ) Q4 2022 Earnings Conference Call February 28, 2023 4:30 PM ET Company Participants Vitale Stelea - VP, IR Michael Farkas - Chairman & CEO Brendan Jones - President Michael Rama - CFO Conference Call Participants Will Jellison - D.A. Davidson Craig Irwin - ROTH Capital Partners, LLC Sameer Joshi - H.C.

Blink Charging Co. (BLNK) Q4 2022 Earnings Call Transcript

Full Year 2022 total revenues increased 192% to $61.1 million compared to $20.9 million for full year 2021; Q4 2022 total revenues increased 184% to $22.6 million compared to $7.9 million in Q4 2021

BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER AND YEAR END 2022 RESULTS

Blink Charging Co. (NASDAQ:BLNK ) Citi's 2023 Global Industrial Tech and Mobility Conference February 23, 2023 10:30 AM ET Company Participants Brendan Jones - President Conference Call Participants Itay Michaeli - Citi Itay Michaeli Good morning, everybody. We're ready to kick off our next session.

Blink Charging Co. (BLNK) Presents at Citi's 2023 Global Industrial Tech and Mobility Conference (Transcript)

Miami Beach, FL, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that Brendan Jones, President, will present at Citi's 2023 Global Industrial Tech and Mobility Conference at 10:30 a.m. ET on Thursday, February 23, 2023. The Company will also be available throughout the day for one-on-one meetings.

Blink Charging to present at Citi's 2023 Global Industrial Tech and Mobility Conference

Miami, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Michael D. Farkas, Chairman and Chief Executive Officer of Blink Charging Co., makes a statement on the Biden-⁠Harris Administration Announcement of the New Standards and Major Progress for a Made-in-America National Network of Electric Vehicle Chargers.

Blink Charging Applauds the Administrations New Standards for the Made-In-America EV Network

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The Biden administration announced new standards for building out a national electric vehicle charging network on Wednesday as part of a push to accelerate the adoption of electric vehicles (EVs).

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Miami Beach, FL, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its fourth quarter and year-end 2022 financial results on Tuesday, February 28, 2023, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company's results for the fourth quarter and year ended December 31, 2022.

Blink Charging to Host Fourth Quarter and Year End 2022 Conference Call on Tuesday, February 28, 2023

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Blink has dropped back towards 52-week lows as shares pulled back with the market and after a $100 million equity offering was announced. Blink is showing signs of strong underlying metrics, with significant gross margin growth as ASPs have increased nearly 70% through FY22 YTD.

Blink Charging: Strong Underlying Metrics, But Dilutive Risk Ahead

Blink is raising nearly $100 million, but at the expense of current shareholders.

Why Blink Charging Shares Tanked 25% This Week

Blink to provide reliable charging to Hertz customers at all greater Phoenix area charging stations for both Level 2 and DC Fast Chargers .

Blink Charging Teams Up with Hertz to Keep EV Rentals Charged and on the Road in Phoenix for the Big Game

MIAMI BEACH, FL, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co . (the “Company” or “Blink”) (Nasdaq: BLNK, BLNKW), a global leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and networked EV charging services, today closed its previously announced underwritten registered public offering. In the offering, Blink sold 8,333,333 shares of its common stock at a public offering price of $12.00 per share, for total gross proceeds of approximately $100 million. In addition, the underwriters have a 30-day option to purchase up to an additional 1,249,999 shares of common stock from the Company at the public offering price, less the underwriting discounts and commissions. The total net proceeds, after underwriting discounts and commissions, but before estimated expenses of the offering payable by the Company, were approximately $95.0 million.

Blink Charging Announces Closing of Public Offering of Common Stock for Gross Proceeds of $100 Million

New EV chargers to be installed in high traffic business and event centers to help meet the demands of EV drivers and progress EV adoption for a more sustainable future

Blue Corner Signs 10-year Agreement with BluePoint to Deploy 280 EV Chargers at Business & Conference Network Centers in Belgium

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Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments nearly doubled in 2022.

EV Company News For The Month Of January 2023

The stock price of Blink Charging Co (NASDAQ: BLNK) fell by over 15% intraday today. This is why.

BLNK Stock: Over 15% Decrease Explanation

Blink Charging (NASDAQ: BLNK ) stock is sliding lower on Tuesday following an update on its public offering plans. Blink Charging announced today that it intends to sell $100 million worth of BLINK stock in a public offering.

Blink Charging (BLNK) Stock Slumps on Public Offering News

Shares of Blink Charging Co. BLNK, -1.39% dove 8.4% in premarket trading Tuesday, after the electric vehicle (EV) charging company's upsized equity offering priced at a 13.4% discount.

Blink stock dives after upsized offering priced at a discount of more than 10%

MIAMI BEACH, FL, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co . (the “Company” or “Blink”) (Nasdaq: BLNK, BLNKW), a global leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and networked EV charging services, today announced the pricing of its upsized underwritten registered public offering of 8,333,333 shares of its common stock at a public offering price of $12.00 per share, for total gross proceeds of approximately $100 million. The net proceeds, after underwriting discounts, but before estimated expenses of the offering payable by Blink, are expected to be approximately $95 million. All shares of common stock to be sold in the offering will be sold by the Company, and the Company has granted the underwriter for the offering a 30-day option to purchase up to an additional 1,249,999 shares of common stock. The offering is expected to close on or about February 9, 2023, subject to the satisfaction of customary closing conditions.

Blink Charging Announces Pricing of its Upsized Public Offering of Common Stock

Blink Charging Co. BLNK, -1.39% shares sank in late trading Monday, after the electric-vehicle-charging company detailed plans to sell more shares while offering an early look at fourth-quarter results that are expected to come in higher than analysts' estimates. Blink executives are looking to sell $75 million in fresh stock, with an option to increase the size of the offering by up to 15%, according to a Monday afternoon announcement.

Blink Charging projects revenue beat while looking to sell stock, shares fall in late trading

MIAMI BEACH, FL, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (the “Company” or “Blink”) (Nasdaq: BLNK, BLNKW), a global leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and networked EV charging services, today announced that it intends to offer and sell up to $75 million of shares of its common stock in an underwritten registered public offering. All shares of common stock to be sold in the proposed offering will be offered by the Company. In connection with the offering, the Company also intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

Blink Charging Announces Proposed Public Offering of Common Stock

Blink Charging (NASDAQ: BLNK ) stock is on the move Wednesday after the company announced plans to take on potential naked short sellers. According to a press release, Blink Charging has entered into an agreement with Shareholder Intelligence Services.

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