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
Sector
Industry (SIC)
Polaris • Volta • Tritium DCFC • ChargePoint • Shorepower • Edge Data Solutions • Moveix • American Defense Systems • BRP • Wallbox ...
Former names
Car Charging Group, Inc., NEW IMAGE CONCEPTS, INC
SEC CIK
Corporate docs
Subsidiaries
Beam Charging, LLC • Blink Charging, LTD • Blink Holdings • Blink Charging Europe, LTD • Blink Charging International, LTD • Blink Network, LLC • Blink Charging, Inc. • Blink Charging Group • Blink I Holdings, LLC • Blink/PAT LLC ...
IRS number
30608147
BLNK stock data
Latest filings (excl ownership)
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
EFFECT
Notice of effectiveness
3 Nov 23
S-3/A
Shelf registration (amended)
31 Oct 23
CORRESP
Correspondence with SEC
31 Oct 23
CORRESP
Correspondence with SEC
31 Oct 23
UPLOAD
Letter from SEC
27 Oct 23
Transcripts
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
BLNK
Earnings call transcript
2021 Q2
12 Aug 21
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| 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) | 5.90 mm | n/a | 84.82 mm | 40.14 mm | 9.19 mm | 19.28 mm |
| Cash remaining | 60.85 mm | n/a | -18.07 mm | 26.61 mm | 57.56 mm | 47.47 mm |
| Runway (months of cash) | 23.4 | n/a | -0.5 | 1.5 | 14.2 | 5.6 |
Institutional ownership, Q3 2023
43.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 180 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Oct 23 | Harjinder Bhade | Common Stock, par value $0.001 per share | Payment of exercise | Dispose F | No | No | 2.28 | 3,525 | 8.04 k | 199,892 |
| 30 Oct 23 | Harjinder Bhade | Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 150,000 | 0.00 | 203,417 |
| 11 Oct 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Gift | Dispose G | Yes | No | 0 | 200,000 | 0.00 | 2,378,616 |
| 28 Sep 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Sell | Dispose S | Yes | No | 3.042 | 52,000 | 158.18 k | 2,578,616 |
| 27 Sep 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Sell | Dispose S | Yes | No | 3.142 | 26,000 | 81.69 k | 2,630,616 |
| 26 Sep 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Sell | Dispose S | Yes | No | 3.021 | 26,000 | 78.55 k | 2,656,616 |
| 22 Sep 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Sell | Dispose S | Yes | No | 3.15 | 26,000 | 81.90 k | 2,682,616 |
| 21 Sep 23 | Farkas Michael D | Common Stock, par value $0.001 per share ("Common Stock") | Sell | Dispose S | Yes | No | 3.176 | 26,000 | 82.58 k | 2,708,616 |
News
Blink Charging To Provide Mack Trucks' Customers With Fleet EV Infrastructure
29 Nov 23
HC Wainwright & Co. Reiterates Buy on Blink Charging, Maintains $25 Price Target
20 Nov 23
Blink CEO, Brendan Jones, To Discuss Blink's Continuous Record Growth And Path To Profitability At UBS Industrials Summit On November 29
17 Nov 23
What's Going On With Blink Charging Stock?
17 Nov 23
12 Industrials Stocks Moving In Friday's Intraday Session
17 Nov 23
Press releases
Blink Charging to Provide Mack Trucks' Customers with Fleet EV Infrastructure
29 Nov 23
Blink CEO, Brendan Jones, to Discuss Blink's Continuous Record Growth and Path to Profitability at UBS Industrials Summit on November 29
17 Nov 23
BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT
9 Nov 23
Blink Charging UK Announces Launch of Advanced Vehicle-to-Grid Charger in UK & Ireland
2 Nov 23
Blink Charging to Host Third Quarter 2023 Conference Call on Thursday, November 9, 2023
26 Oct 23