Blink Charging Co. (BLNK) Financial Statements (2025 and earlier)

Company Profile

Business Address 407 LINCOLN ROAD, SUITE 704
MIAMI BEACH, FL 33139
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 379 - Miscellaneous Transportation Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments64,58473,88593,458121,69166,67874,464
Cash and cash equivalent64,58473,88593,458121,69166,67874,464
Short-term investments      
Receivables48,69749,60953,60845,44741,71843,443
Inventory, net of allowances, customer advances and progress billings42,31244,45444,67947,94247,38645,361
Inventory42,31244,45444,67947,94247,38645,361
Disposal group, including discontinued operation   2,731  
Other undisclosed current assets4,6665,2275,9903,9235,0595,759
Total current assets:160,259173,175197,735221,734160,841169,027
Noncurrent Assets
Operating lease, right-of-use asset10,1908,1859,6169,7317,8678,163
Property, plant and equipment44,04540,31737,20535,12734,00231,236
Intangible assets, net (including goodwill)87,825157,882158,738161,179162,158259,253
Goodwill75,770144,881144,881144,881144,881232,220
Intangible assets, net (excluding goodwill)12,05513,00113,85716,29817,27727,033
Restricted cash and investments777577797476
Other noncurrent assets6276381,124669654686
Total noncurrent assets:142,764207,097206,760206,785204,755299,414
TOTAL ASSETS:303,023380,272404,495428,519365,596468,441
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities43,45742,36841,77745,33645,56847,875
Accounts payable32,45829,62326,30031,19330,11830,066
Accrued liabilities10,99912,74515,47714,14315,45017,809
Deferred revenue16,33015,19214,43013,61312,23312,678
Debt405037,2287,3046,0305,975
Customer refund liability 265     
Other undisclosed current liabilities3,5713,3113,7943,4482,5552,015
Total current liabilities:63,66361,37467,22969,70166,38668,543
Noncurrent Liabilities
Long-term debt and lease obligation1061151231631,109889
Finance lease, liability1061151231631,109889
Liabilities, other than long-term debt44,74440,41040,40569,25878,43678,451
Deferred revenue15,95513,51513,53612,4629,7028,924
Customer refund liability 20,89120,56519,81849,43460,76260,749
Other liabilities337337337337350386
Operating lease, liability7,5615,9936,7147,0256,2777,035
Business combination, contingent consideration, liability    1,3451,357
Total noncurrent liabilities:44,85040,52540,52869,42179,54579,340
Total liabilities:108,513101,899107,757139,122145,931147,883
Equity
Equity, attributable to parent194,510278,373296,738289,397219,665320,558
Common stock101101101936764
Additional paid in capital858,327857,400855,306829,563742,061728,558
Accumulated other comprehensive loss(1,574)(4,173)(3,773)(2,536)(4,429)(2,751)
Accumulated deficit(662,344)(574,955)(554,896)(537,723)(518,034)(405,313)
Total equity:194,510278,373296,738289,397219,665320,558
TOTAL LIABILITIES AND EQUITY:303,023380,272404,495428,519365,596468,441

Income Statement (P&L) ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Revenues25,18733,26237,56842,71143,37732,842
Cost of revenue(16,068)(22,549)(24,149)(32,124)(30,592)(20,551)
Gross profit:9,11910,71313,41910,58712,78512,291
Operating expenses(97,345)(31,362)(30,872)(28,676)(123,481)(52,355)
Operating loss:(88,226)(20,649)(17,453)(18,089)(110,696)(40,064)
Nonoperating income (expense)819754308(1,331)(1,218)(1,212)
Investment income, nonoperating 783     
Gain (loss), foreign currency transaction, before tax   (30) 144(1,026)
Other nonoperating income (expense) (2)817763 608600
Interest and debt expense(6)(13)(10)963(1,000)(786)
Loss from continuing operations before equity method investments, income taxes:(87,413)(19,908)(17,155)(18,457)(112,914)(42,062)
Other undisclosed income (loss) from continuing operations before income taxes61310(963)1,000786
Loss from continuing operations before income taxes:(87,407)(19,895)(17,145)(19,420)(111,914)(41,276)
Income tax expense (benefit)18(164)(28)(269)(807)(206)
Net loss available to common stockholders, diluted:(87,389)(20,059)(17,173)(19,689)(112,721)(41,482)

Comprehensive Income ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Net loss:(87,389)(20,059)(17,173)(19,689)(112,721)(41,482)
Other comprehensive income (loss) 2,599(400)(1,237) (1,678)1,145
Other undisclosed comprehensive income (loss)   510  
Comprehensive loss:(84,790)(20,459)(18,410)(19,179)(114,399)(40,337)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   1,383  
Comprehensive loss, net of tax, attributable to parent:(84,790)(20,459)(18,410)(17,796)(114,399)(40,337)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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