NASDAQ$BLNK

Blink Charging Co · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported record quarterly revenue driven by strong product sales of EV charging equipment and services.

Blink Charging announced record quarterly revenue driven by solid growth and strong product sales of EV charging equipment and services, despite the COVID-19 pandemic.

  • Product sales of EV charging equipment increased 653% year-over-year.
  • Total revenue increased 125% year-over-year.
  • International expansion continued with new charging station deployments in the Dominican Republic and Israel.
  • Greece's charging network expanded with the addition of 48 charging ports through a joint venture.

Headline financials

Total Revenue

$1.3M

Previous: $577K+125.0%
EPS (adj)

-$0.11

Previous: -$0.07-57.1%
Total Revenue Growth

125.0%

Previous: 0.0%
Capital Expenditures

-$301K

Previous: -$27.4K-998.5%
Free Cash Flow

-$3.26M

Previous: -$1.92M-69.8%
Net Income

-$2.96M

Previous: -$1.89M-56.4%
Operating Income

-$3.02M

Previous: -$2.32M-30.4%
Gross Profit

$309K

Previous: $54K+472.2%
Cash & Equivalents

$1.34M

Previous: $12.6M-89.3%
Total Assets

$9.8M

Previous: $19.4M-49.4%

Revenue & EPS history

Blink Charging · Revenue · Quarterly

$1.3M

Q1 2020+125%vs Q1 2019
Beat estimate in 5 of 9 quarters(56%)
ActualEstimate

Revenue by segment

Blink Charging · $43.4M total across 3 segments · Q3 2023

  • Product Sales
    $35.1M+161.9%
  • Service Revenues
    $6.7M+116.1%
  • Other Revenues
    $1.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.6%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+11.7%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+40.0%

Q2 2011

Best reaction

-25.4%

Q4 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+6.4%-8.1%
Q1 2026+12.1%-2.3%-20.7%
Q3 2025+6.1%+4.6%-20.5%
Q1 2025-10.1%-13.6%+6.5%
Q4 2024+6.0%+14.4%-17.0%
Q3 2024-12.6%-6.8%-17.3%
Q2 2024-20.8%-29.0%-41.6%
Q1 2024-2.8%+13.1%+5.5%
Q4 2023-11.8%-21.8%-25.1%
Q3 2023+23.3%+63.5%+16.9%
Q2 2023+9.6%-5.8%-42.2%
Q1 2023-1.1%-3.5%-6.5%
Q4 2022+0.7%+2.6%-9.3%
Q3 2022-5.4%+18.5%+5.6%
Q2 2022-6.9%+16.2%-11.7%
Q1 2022-9.4%-4.0%-2.5%
Q4 2021-8.9%-13.5%-1.6%
Q3 2021+21.9%+36.0%-1.4%
Q2 2021-7.0%-13.9%-16.4%
Q1 2021+4.2%+14.6%+37.4%
Q4 2020+2.1%+5.4%+7.1%
Q3 2020-5.0%+38.6%+166.8%
Q2 2020-3.5%-10.7%-47.1%
Q1 2020-9.2%-8.7%+22.3%
Q4 2019-6.1%+4.3%+2.4%
Q3 2019+7.1%-2.9%+25.9%
Q2 2019-7.1%-3.5%-0.7%
Q1 2019+2.5%+0.4%-5.0%
Q4 2018-2.6%-3.2%-1.6%
Q3 2018+5.6%+4.7%-19.7%
Q2 2018-2.7%-7.7%-17.2%
Q4 2017-16.2%-17.0%+281.4%
Q1 2018-16.2%-17.0%+281.4%
Q3 2017-1.3%-8.3%-23.1%
Q2 2017-14.6%-20.8%-48.3%
Q1 2017-4.2%+0.0%-10.5%
Q4 2016-2.9%-5.9%+11.8%
Q3 2016-18.9%-28.2%-21.4%
Q2 2016-4.1%-5.9%-18.4%
Q1 2016-9.1%-20.9%+43.9%
Q4 2015-0.8%-10.3%+6.0%
Q3 2015+10.0%+11.8%+5.0%
Q2 2015+7.1%
Q1 2015+13.0%
Q4 2014-6.6%
Q3 2014+0.3%
Q2 2014+29.2%
Q1 2014-2.2%
Q4 2013-3.9%
Q3 2013+16.8%
Q2 2013-17.4%
Q1 2013+0.0%
Q4 2012+3.3%
Q3 2012+9.1%
Q2 2012+4.3%
Q1 2012-7.1%
Q4 2011-2.4%
Q3 2011+5.6%
Q3 2010+5.6%
Q2 2011+40.0%
Q1 2011+16.0%
Q4 2010-25.4%
Q2 2010-17.4%
Q1 2010+0.0%

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