MARKET COMPOSITE
BLNK - Blink Charging Co8:00:00 PM 4/23/2024
Price
$2.35
+ 0.05 (2.17%)
Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and tracks various Blink charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, site recommendations, and maintenance services. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through field sales force and reseller partners, as well as sells home unit chargers through various internet channels. As of December 31, 2019, it had approximately 14,778 EV charging stations. The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue42.7MM-2%
Gross Profit10.6MM-17%
Cost Of Revenue32.1MM+5%
Operating Income-18.1MM-84%
Operating Expenses28.7MM-77%
Net Income-19.7MM-83%
G&A8.7MM+2%
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Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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    The contract, effective March 1, 2024, was secured by Keystone Purchasing Network through the Association of Education Purchasing Agencies. Bowie, Md., April 11, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the Company has been selected by Keystone Purchasing Network (KPN) as its exclusive provider of EV charging services.

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