BLNK - Blink Charging Co Stock Price, Fair Value and News

2.33USD-0.02 (-0.85%)Market Closed

Market Summary

USD2.33-0.02

Market Closed

-0.85%

BLNK Stock Price

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BLNK RSI Chart

BLNK Valuation

Market Cap

237.3M

Price/Earnings (Trailing)

-1.17

Price/Sales (Trailing)

1.69

EV/EBITDA

-0.6

Price/Free Cashflow

-2.26

BLNK Price/Sales (Trailing)

BLNK Profitability

Operating Margin

28.60%

EBT Margin

-143.81%

Return on Equity

-70.39%

Return on Assets

-47.53%

Free Cashflow Yield

-44.29%

BLNK Fundamentals

BLNK Revenue

Revenue (TTM)

140.6M

Rev. Growth (Yr)

88.94%

Rev. Growth (Qtr)

-1.54%

BLNK Earnings

Earnings (TTM)

-203.7M

Earnings Growth (Yr)

-51.82%

Earnings Growth (Qtr)

82.53%

Breaking Down BLNK Revenue

Last 7 days

-0.8%

Last 30 days

-1.7%

Last 90 days

-7.1%

Trailing 12 Months

-67.3%

How does BLNK drawdown profile look like?

BLNK Financial Health

Current Ratio

3.18

BLNK Investor Care

Shares Dilution (1Y)

32.52%

Diluted EPS (TTM)

-3.17

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	73.0M	94.4M	120.5M	140.6M
2022	28.5M	36.7M	53.0M	61.1M
2021	7.2M	9.9M	15.4M	20.9M
2020	3.5M	4.3M	4.5M	6.2M
2019	2.7M	2.8M	3.0M	2.8M
2018	2.5M	2.6M	2.5M	2.7M
2017	3.1M	2.7M	2.6M	2.5M
2016	3.5M	3.4M	3.2M	3.3M
2015	3.7M	3.7M	3.8M	4.0M
2014	806.5K	1.7M	2.5M	2.8M
2013	0	329.8K	401.5K	473.2K
2012	109.1K	158.8K	208.4K	258.1K
2011	0	0	0	59.5K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Blink Charging Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	jones brendan sean	acquired	-	-	168,878	president and ceo
Apr 05, 2024	rama michael p	acquired	-	-	74,452	chief financial officer
Apr 05, 2024	hillo aviv	acquired	-	-	74,452	general counsel & evp - m&a
Apr 05, 2024	battaglia michael c.	acquired	-	-	63,570	chief operating officer
Apr 05, 2024	bhade harjinder	acquired	-	-	108,954	chief technology officer
Apr 03, 2024	hillo aviv	sold (taxes)	-1,320	2.62	-504	general counsel & evp - m&a
Apr 03, 2024	bhade harjinder	sold (taxes)	-154	2.62	-59.00	chief technology officer
Apr 03, 2024	rama michael p	sold (taxes)	-1,320	2.62	-504	chief financial officer
Apr 03, 2024	jones brendan sean	sold (taxes)	-1,506	2.62	-575	president and ceo
Mar 28, 2024	bhade harjinder	sold (taxes)	-709	2.92	-243	chief technology officer

Which funds bought or sold BLNK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	210	918	-%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-278	2,203	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.15	-13,000	4,000	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-58.00	-	-%
Apr 22, 2024	PFG Investments, LLC	new	-	52,696	52,696	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	1.5	-8,523	77,739	-%
Apr 22, 2024	Bristlecone Advisors, LLC	added	63.48	94,283	303,101	0.03%
Apr 22, 2024	Oakworth Capital, Inc.	new	-	1,081	1,081	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	9,611	98,724	-%
Apr 19, 2024	Cutler Group LLC / CA	added	141	20,000	37,000	0.01%

Are Funds Buying or Selling BLNK?

Are funds buying BLNK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BLNK

No. of Funds

Unveiling Blink Charging Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	4.0%	3,999,993	SC 13G/A
Feb 14, 2024	citadel advisors llc	0.1%	6	SC 13G/A
Feb 05, 2024	ubs group ag	12.%	-	SC 13G/A
Jan 29, 2024	blackrock inc.	6.0%	4,029,498	SC 13G/A
Jan 25, 2024	state street corp	8.19%	5,519,191	SC 13G
Dec 15, 2023	citadel advisors llc	0.4%	6	SC 13G
Feb 14, 2023	trilantic capital management l.p.	4.6%	2,332,133	SC 13G/A
Feb 02, 2023	credit suisse ag/	5.82%	2,964,878	SC 13G
Feb 01, 2023	blackrock inc.	5.9%	2,979,948	SC 13G/A
Feb 14, 2022	susquehanna securities, llc	4.5%	1,912,386	SC 13G/A

Recent SEC filings of Blink Charging Co

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Blink Charging Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	185.5B	67.1B	1.47%	62.63%	17.96	2.77	12.84%	54.12%
GE	174.3B	69.5B	-7.14%	62.41%	49.65	2.51	16.04%	-60.91%
AME	41.6B	6.6B	-1.75%	30.66%	31.66	6.3	7.26%	13.25%
CMI	41.5B	34.1B	0.77%	24.55%	49.41	1.22	21.34%	-61.52%
ACM	12.8B	14.9B	-3.84%	13.22%	206.5	0.86	12.31%	-81.65%
MID-CAP
APG	9.4B	6.9B	-1.29%	73.44%	61.29	1.35	5.64%	109.59%
FLR	6.9B	15.5B	-1.82%	35.74%	49.67	0.44	12.59%	-4.48%
FLS	6.2B	4.3B	3.22%	41.84%	33.08	1.43	19.51%	-1.03%
ACA	3.8B	2.3B	-8.15%	30.64%	23.72	1.64	2.90%	-35.23%
ALG	2.5B	1.7B	-4.39%	12.55%	18.09	1.46	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	5.72%	-55.23%	17.44	0.79	-24.65%	-34.19%
NKLA	854.8M	35.8M	-3.03%	-21.97%	-0.88	23.85	-27.93%	-23.21%
AGX	816.5M	573.3M	21.18%	53.29%	25.23	1.42	26.00%	-2.24%
AMSC	379.0M	135.4M	-5.37%	202.95%	-23.11	2.8	-25.90%	65.37%
ADES	228.0M	99.2M	9.94%	268.82%	-18.62	2.3	-3.69%	-37.37%

Blink Charging Co News

Latest updates

Blink Charging Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.5%	42,711,000	43,377,000	32,842,000	21,668,000	22,606,000	17,247,000	11,486,000	10,643,000	9,800,000	7,950,500	6,402,000	4,355,000	2,232,000	2,453,297	905,460	1,572,610	1,298,864	701,486	764,486	715,828	577,390
Cost Of Revenue	5.0%	32,124,000	30,592,000	20,551,000	17,125,000	16,128,000	12,466,000	9,529,000	-	8,214,000	6,656,000	5,510,000	3,711,000	2,136,000	2,026,064	539,000	1,158,730	990,142	799,045	643,239	401,284	523,432
Gross Profit	-17.2%	10,587,000	12,785,000	12,291,000	4,543,000	6,478,000	4,781,000	1,957,000	-	1,586,000	1,294,500	892,000	644,000	96,000	427,699	367,000	413,880	308,722	-97,749	121,247	314,544	53,958
Operating Expenses	-76.8%	28,676,000	123,481,000	52,355,000	35,382,000	34,248,000	29,278,000	23,919,000	-	16,628,000	21,408,500	16,715,000	12,989,000	7,482,000	8,287,831	4,280,000	3,435,788	3,327,550	2,887,290	2,909,399	2,697,865	2,369,446
S&GA Expenses	1.9%	8,704,000	8,539,000	9,449,000	8,478,000	7,803,000	6,594,000	9,002,000	-	4,427,000	3,369,000	3,067,000	2,532,000	1,585,000	1,586,741	1,144,000	670,635	645,883	718,930	455,879	485,055	257,136
EBITDA Margin	-Infinity%	-1.37	-	-7.05	-5.96	-5.22	-3.10	-3.29	-3.37	-3.37	-3.38	-1.30	-1.98	-2.95	-3.45	-	-	-	-	-	-	-
Interest Expenses	-710.2%	-5,919,000	970,000	786,000	617,000	-2,585,000	917,000	139,000	-	-	-	-	-	-	-	-	-	-	-	-	-	16,072
Income Taxes	-66.7%	269,000	807,000	206,000	212,000	253,000	35,000	10,000	-	10,000	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	82.6%	-19,420,000	-111,914,000	-41,276,000	-29,589,000	-27,841,000	-25,647,000	-22,621,000	-	-15,143,000	-	-	-	-	1,573,184	-	-	-	-	-	-	-
EBT Margin	-Infinity%	-1.44	-	-8.05	-6.84	-5.91	-3.57	-3.57	-3.57	-3.57	-3.57	-1.45	-2.24	-3.12	-3.58	-	-	-	-	-	-	-
Net Income	82.5%	-19,689,000	-112,721,000	-41,482,000	-29,801,000	-12,968,500	-25,647,000	-22,621,000	-	-15,143,000	-18,974,000	-15,321,000	-13,459,000	-7,365,000	-7,941,000	-3,914,000	-3,030,000	-2,961,000	-2,895,164	-2,622,989	-2,237,220	-1,893,627
Net Income Margin	-Infinity%	-1.45	-	-7.12	-5.90	-4.95	-5.34	-4.67	-4.07	-4.07	-3.57	-2.85	-3.29	-3.11	-2.86	-	-	-	-	-	-	-
Free Cashflow	-50.6%	-20,695,000	-13,740,000	-44,845,000	-25,842,000	-27,608,000	-26,773,000	-20,482,000	-12,751,000	-12,751,000	-12,142,000	-9,529,000	-13,443,000	-12,521,000	-9,779,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	17.2%	429	366	468	441	363	361	384	221	232	239	247	252	34.00	23.00	11.00	10.00	12.00	15.00	17.00	19.00	22.00
Current Assets	37.9%	222	161	169	176	99.00	103	124	180	193	200	209	238	26.00	19.00	8.00	7.00	10.00	14.00	16.00	18.00	21.00
Cash Equivalents	82.5%	122	67.00	74.00	103	37.00	57.00	85.00	162	175	133	142	196	22.00	15.00	4.00	22.00	4.00	8.00	10.00	13.00	16.00
Inventory	1.2%	48.00	47.00	45.00	40.00	35.00	24.00	18.00	10.00	10.00	5.00	6.00	3.00	2.00	3.00	3.00	2.00	2.00	1.00	2.00	2.00	1.00
Net PPE	3.3%	35.00	34.00	31.00	28.00	26.00	22.00	23.00	16.00	15.00	14.00	13.00	10.00	6.00	3.00	3.00	2.00	1.00	1.00	1.00	0.00	0.00
Goodwill	0%	145	145	232	204	204	201	156	19.00	19.00	19.00	19.00	2.00	2.00	0.00	-	-	-	-	-	-	-
Liabilities	-4.7%	139	146	148	107	102	91.00	91.00	21.00	18.00	14.00	13.00	9.00	7.00	7.00	6.00	5.00	5.00	5.00	4.00	5.00	6.00
Current Liabilities	5.0%	70.00	66.00	69.00	55.00	50.00	39.00	39.00	19.00	16.00	13.00	11.00	7.00	6.00	6.00	5.00	5.00	4.00	5.00	4.00	5.00	5.00
Shareholder's Equity	31.7%	289	220	321	334	261	269	293	200	214	224	234	243	27.00	16.00	5.00	5.00	7.00	10.00	13.00	15.00	16.00
Retained Earnings	-3.8%	-537	-518	-405	-363	-334	-305	-280	-257	-242	-223	-208	-194	-187	-179	-175	-172	-169	-166	-163	-161	-159
Additional Paid-In Capital	11.8%	830	742	729	701	598	582	577	460	458	449	443	438	214	196	181	177	177	177	176	176	176
Shares Outstanding	38.4%	93.00	67.00	64.00	60.00	51.00	51.00	43.00	42.00	42.00	42.00	42.00	41.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	357	-	-	-	715	-	-	-	1,495	-	-	-	131	-	-	-	52.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-68.4%	-20,408	-12,122	-40,863	-24,177	-24,589	-26,790	-19,603	-11,383	-10,617	-9,008	-12,445	-8,500	-7,913	-3,481	-3,262	-3,413	-3,390	-2,162	-2,300	-2,911	-2,984
Cashflow From Investing	51.2%	-789	-1,618	-8,618	-2,215	-3,216	-1,992	-50,865	-1,368	51,533	-524	-40,875	-40,583	-1,837	-212	1,510	800	-375	26.00	-175	-27.39	-2,731
Cashflow From Financing	802.8%	76,424	8,465	17,066	95,360	7,159	-552	-137	-77.00	358	192	335	222,386	17,276	14,764	4,037	-17.99	-	-	-	-	-50.00

BLNK Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total Revenues	$ 140,598	$ 61,139	$ 20,940
Cost of Revenues:
Total Cost of Revenues	100,392	46,337	18,098
Gross Profit	40,206	14,802	2,842
Operating Expenses:
Compensation	92,669	60,602	38,389
General and administrative expenses	35,170	27,826	10,516
Other operating expenses	17,825	15,645	9,606
Impairment of goodwill	89,087
Impairment of intangible assets	5,143
Total Operating Expenses	239,894	104,073	58,511
Loss From Operations	(199,688)	(89,271)	(55,669)
Other (Expense) Income:
Interest (expense) income	(3,546)	(1,529)	9
Dividend income	1,909	454	294
Gain (loss) on foreign exchange	140	(600)	(124)
Gain on forgiveness of PPP loan			856
Loss on extinguishment of notes payable	(1,000)
Change in fair value of derivative and other accrued liabilities	8	66	69
Other expense	(22)	(372)	(554)
Total Other (Expense) Income	(2,511)	(1,981)	550
Loss Before Income Taxes	(202,199)	(91,252)	(55,119)
Provision for income taxes	(1,494)	(308)
Net Loss	$ (203,693)	$ (91,560)	$ (55,119)
Net Loss Per Share:
Basic	$ (3.21)	$ (1.95)	$ (1.32)
Diluted	$ (3.21)	$ (1.95)	$ (1.32)
Weighted Average Number of Common Shares Outstanding:
Basic	63,466,398	46,922,434	41,905,340
Diluted	63,466,398	46,922,434	41,905,340
Product [Member]
Revenues:
Total Revenues	$ 109,416	$ 46,018	$ 15,480
Cost of Revenues:
Total Cost of Revenues	72,532	31,428	11,670
Service [Member]
Revenues:
Total Revenues	15,646	6,866	2,978
Cost of Revenues:
Total Cost of Revenues	3,540	1,466	707
Network [Member]
Revenues:
Total Revenues	7,481	4,370	667
Cost of Revenues:
Total Cost of Revenues	1,969	1,463	454
Warranty [Member]
Revenues:
Total Revenues	3,258	928	220
Grant And Fees Rebate [Member]
Revenues:
Total Revenues	469	296	400
Car Sharing Services [Member]
Revenues:
Total Revenues	3,302	1,268	769
Cost of Revenues:
Total Cost of Revenues	4,356	2,137	1,458
Other [Member]
Revenues:
Total Revenues	1,026	1,393	426
Host Provider Fees [Member]
Cost of Revenues:
Total Cost of Revenues	9,140	3,935	1,386
Warranty and Repairs and Maintenance [Member]
Cost of Revenues:
Total Cost of Revenues	4,605	2,795	892
Depreciation and Amortization [Member]
Cost of Revenues:
Total Cost of Revenues	$ 4,250	$ 3,113	$ 1,531

BLNK Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 121,691	$ 36,562
Accounts receivable, net	45,447	23,581
Inventory, net	47,942	34,740
Prepaid expenses and other current assets	6,654	4,399
Total Current Assets	221,734	99,282
Restricted cash	79	71
Property and equipment, net	35,127	25,862
Operating lease right-of-use assets	9,731	4,174
Intangible assets, net	16,298	26,582
Goodwill	144,881	203,710
Other assets	669	2,861
Total Assets	428,519	362,542
Current Liabilities:
Accounts payable	31,193	24,585
Accrued expenses and other current liabilities	14,143	13,109
Notes payable	6,792	10
Current portion of operating lease liabilities	3,448	1,738
Current portion of financing lease liabilities	512	306
Current portion of deferred revenue	13,613	10,572
Total Current Liabilities	69,701	50,320
Contingent consideration		1,316
Consideration payable	49,434	40,608
Operating lease liabilities, non-current portion	7,025	3,030
Financing lease liabilities, non-current portion	163	408
Deferred revenue, non-current portion	12,462	5,258
Other liabilities	337	645
Total Liabilities	139,122	101,585
Commitments and contingencies (Note 15)
Stockholders’ Equity:
Common stock, $0.001 par value, 500,000,000 shares authorized, 92,818,233 and 51,476,445 shares issued and outstanding as of December 31, 2023 and 2022, respectively	93	51
Additional paid-in capital	829,563	597,982
Accumulated other comprehensive loss	(2,536)	(3,046)
Accumulated deficit	(537,723)	(334,030)
Total Stockholders’ Equity	289,397	260,957
Total Liabilities and Stockholders’ Equity	$ 428,519	$ 362,542

About Blink Charging Co

Blink Charging Co., through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. 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 manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and EV drivers with station information, including station location, availability, and applicable fees. In addition, the company offers EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use and 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 direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.

CEO	Mr. Brendan S. Jones
WEBSITE	blinkcharging.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	564

Blink Charging Co Frequently Asked Questions

What is the ticker symbol for Blink Charging Co? What does BLNK stand for in stocks?

BLNK is the stock ticker symbol of Blink Charging Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blink Charging Co (BLNK)?

As of Tue Apr 23 2024, market cap of Blink Charging Co is 237.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BLNK stock?

You can check BLNK's fair value in chart for subscribers.

What is the fair value of BLNK stock?

You can check BLNK's fair value in chart for subscribers. The fair value of Blink Charging Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blink Charging Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BLNK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blink Charging Co a good stock to buy?

The fair value guage provides a quick view whether BLNK is over valued or under valued. Whether Blink Charging Co is cheap or expensive depends on the assumptions which impact Blink Charging Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BLNK.

What is Blink Charging Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, BLNK's PE ratio (Price to Earnings) is -1.17 and Price to Sales (PS) ratio is 1.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BLNK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Blink Charging Co's stock?

In the past 10 years, Blink Charging Co has provided -0.266 (multiply by 100 for percentage) rate of return.