blink charging (nasdaq:blnk,blnkw) is a leader in nationwide public electric vehicle (ev) charging equipment and software, enabling ev drivers to easily recharge at locations throughout the united states. headquartered in florida with offices in arizona and california, blink charging’s business is designed to accelerate the adoption of public ev charging. blink charging offers ev charging equipment and connectivity to the blink network, a cloud-based software that operates, manages, and tracks the blink ev charging stations and all the associated data. blink charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.
Company profile
Ticker
BLNK
Exchange
Website
CEO
Michael D. Farkas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Car Charging Group, Inc., NEW IMAGE CONCEPTS, INC
SEC CIK
Corporate docs
Subsidiaries
350 Holdings LLC • Beam Charging LLC • BG Energy Solutions LLC • Blink Acquisition LLC • Blink Charging Group (CA) Inc. • Blink Charging Inc. • Blink Construction LLC • Blink EV LLC • Blink N.A. LLC • Blink Network Limited Liability Partnership ...
IRS number
30608147
BLNK stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
18 Mar 24
NT 10-K
Notice of late annual filing
18 Mar 24
8-K
Results of Operations and Financial Condition
14 Mar 24
8-K
Blink Charging Establishes Global Corporate Headquarters and Announces Expansion of Manufacturing Facility in Bowie, Maryland
11 Mar 24
8-K
Blink Charging Announces Preliminary Full-year 2023 Revenue In Excess of $140 Million, Reiterates Adjusted Ebitda Profitability Target
14 Feb 24
8-K
Entry into a Material Definitive Agreement
22 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
NT 10-Q
Notice of late quarterly filing
13 Nov 23
8-K
Blink Charging Announces Record Third Quarter with 152% Revenue Growth to $43.4 Million and 167% Increase In Gross Profit
9 Nov 23
8-K
Departure of Directors or Certain Officers
3 Nov 23
Transcripts
BLNK
Earnings call transcript
2023 Q4
14 Mar 24
BLNK
Earnings call transcript
2023 Q3
9 Nov 23
BLNK
Earnings call transcript
2023 Q2
8 Aug 23
BLNK
Earnings call transcript
2023 Q1
9 May 23
BLNK
Earnings call transcript
2022 Q4
28 Feb 23
BLNK
Earnings call transcript
2022 Q3
9 Nov 22
BLNK
Earnings call transcript
2022 Q2
8 Aug 22
BLNK
Earnings call transcript
2022 Q1
9 May 22
BLNK
Earnings call transcript
2021 Q4
10 Mar 22
BLNK
Earnings call transcript
2021 Q3
12 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 66.75 mm | 66.75 mm | 66.75 mm | 66.75 mm | 66.75 mm | 66.75 mm |
Cash burn (monthly) | 2.60 mm | (no burn) | 37.30 mm | 17.66 mm | 4.04 mm | 8.48 mm |
Cash used (since last report) | 17.62 mm | n/a | 253.24 mm | 119.86 mm | 27.43 mm | 57.56 mm |
Cash remaining | 49.13 mm | n/a | -186.49 mm | -53.10 mm | 39.32 mm | 9.19 mm |
Runway (months of cash) | 18.9 | n/a | -5.0 | -3.0 | 9.7 | 1.1 |
Institutional ownership, Q3 2023
29.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 181 |
Opened positions | 34 |
Closed positions | 28 |
Increased positions | 56 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 76.17 bn |
Total shares | 29.33 mm |
Total puts | 1.73 mm |
Total calls | 1.80 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.26 mm | $13.04 bn |
Vanguard | 2.74 mm | $8.40 bn |
Trilantic Capital Management | 2.33 mm | $0.00 |
STT State Street | 2.19 mm | $6.70 bn |
IVZ Invesco | 2.16 mm | $6.60 bn |
Susquehanna Securities | 1.91 mm | $0.00 |
MS Morgan Stanley | 1.90 mm | $5.83 bn |
GWL Great West Life Assurance | 1.83 mm | $5.61 bn |
Geode Capital Management | 1.15 mm | $3.51 bn |
SF Stifel Financial | 890.51 k | $2.72 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | Brendan Sean Jones | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 84,439 | 0.00 | 251,907 |
5 Apr 24 | Brendan Sean Jones | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 84,439 | 0.00 | 167,468 |
5 Apr 24 | Rama Michael P | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 37,226 | 0.00 | 175,674 |
5 Apr 24 | Rama Michael P | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 37,226 | 0.00 | 138,448 |
5 Apr 24 | Harjinder Bhade | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 54,477 | 0.00 | 308,544 |
5 Apr 24 | Harjinder Bhade | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 54,477 | 0.00 | 254,067 |
5 Apr 24 | Aviv Hillo | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 37,226 | 0.00 | 196,400 |
5 Apr 24 | Aviv Hillo | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 37,226 | 0.00 | 159,174 |
3 Apr 24 | Rama Michael P | Common Stock, par value $0.001 per share | Payment of exercise | Dispose F | No | No | 2.62 | 504 | 1.32 k | 101,222 |
News
Needham Reiterates Buy on Blink Charging, Maintains $7 Price Target
17 Apr 24
Blink Charging Secures Exclusive Deal With Keystone Purchasing Network For EV Charging Services, Aiding Education Sector Nationwide
11 Apr 24
Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session
15 Mar 24
12 Industrials Stocks Moving In Friday's Intraday Session
15 Mar 24
Roth MKM Maintains Buy on Blink Charging, Lowers Price Target to $12
15 Mar 24
Press releases
Keystone Purchasing Network Exclusively Chooses Blink Charging for EV Charging Services
11 Apr 24
Jenifer Yokley Promoted to Chief Marketing Officer at Blink Charging
25 Mar 24
Thinking about buying stock in Archer Aviation, Lantern Pharma, Taysha Gene Therapies, Pagaya Technologies, or Blink Charging?
20 Mar 24
BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER WITH 89% REVENUE GROWTH TO $42.7 MILLION AND 130% INCREASE IN FULL YEAR 2023 REVENUES TO $140.6 MILLION
14 Mar 24
Blink Charging Establishes Global Corporate Headquarters and Announces Expansion of Manufacturing Facility in Bowie, Maryland
11 Mar 24