Blink 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.
The business is unprofitable at the operating level (-81.24% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 18.0% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$41M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$104M
▼ -18.0% YoY
Net Income (TTM)
-$74M
▲ +58.6% YoY
Op. Margin
-71.92%
▲ +79.8pp YoY
ROIC
-75.20%
▲ +7.7pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$41M
▲ +28.7% YoY
Op. Cash Flow (TTM)
-$17M
▲ +36.1% YoY
Net Debt
-$31M
Net Cash Position
Cash & Equiv.
$38M
5Y CAGR: +75.4%
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