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Financial statements

Blink Charging Co. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Blink Charging Co. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue3.332.52.692.766.2320.961.1141126104
Cost of revenue2.811.451.782.374.7118.146.310086.478
Gross profit0.511.050.90.391.522.8414.840.237.625.5
Selling, general and administrative0.46
General and administrative1.391.281.381.924.0510.528.435.131.929.3
Operating expenses7.738.4712.510.919.358.5105240241110
Operating income-7.21-7.42-11.6-10.5-17.8-55.7-89.9-200-203-84.1
Interest expense0.260.950.11
Interest income0.290.45
Other non-operating income-0.49-67.98.190.82-0.030.55-1.38-2.632.531.03
Pre-tax income-3.429.65-17.8-55.1-91.3-202-201-83.1
Income tax0.311.490.660.32
Net income-7.7-75.4-3.42-9.65-17.8-55.1-91.6-204-201-83.4
EBITDA-6.36-7.01-11.3-10.3-17.4-53.8-84.4-195-196-79.2
EPS, basic-3.17-25.95-1.30-0.37-0.59-1.32-1.94-3.21-2.00-0.76
EPS, diluted-3.17-25.95-1.30-0.37-0.59-1.32-1.94-3.21-2.00-0.76
Shares, basic (weighted)2.893.0720.726.23041.946.963.5101109
Shares, diluted (weighted)2.893.0720.726.23041.946.963.5101109

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.010.1915.54.1722.317536.698.741.839.6
Short-term investments2.882.962313.6
Receivables0.356.3523.645.442.129.5
Inventory0.390.251.242.161.8210.434.747.936.614.2
Other current assets0.080.110.840.671.221.024.46.655.46.07
Total current assets0.610.7720.710.225.719399.322213989.3
Property, plant and equipment0.760.380.381.355.6414.625.935.137.442.7
Lease right-of-use assets0.260.260.621.664.179.739.216.33
Goodwill1.519.420414517.91.74
Intangible assets0.120.110.280.110.053.4626.616.310.46.63
Other non-current assets0.090.070.070.070.390.232.860.670.590.65
Total assets1.912.6921.711.934232363429215147
Accounts payable3.54.232.582.373.367.1324.631.228.928.4
Accrued liabilities7.9623.11.540.91.335.6813.114.110.3
Deferred revenue0.60.380.360.570.482.8610.613.622.117.3
Total current liabilities21.835.55.244.376.1516.250.369.759.563.5
Long-term debt0.3
Lease liabilities0.170.080.291.533.037.037.164.8
Other non-current liabilities0.130.060.090.190.650.346.78.5
Total liabilities21.938.85.564.516.8218.110213999.583
Paid-in capital64.1119176177214458598830860896
Retained earnings-81.1-156-160-170-187-242-334-538-739-822
Other comprehensive income22.518.426.10.18-1.78-3.05-2.54-5.85-8.73
Shareholders' equity20.8-36.916.17.4327.221426128911964.5
Minority interests-3.83
Total equity-20.8-36.916.17.4327.221426128911964.5
Total liabilities and equity1.912.6921.711.934232363429215147
Shares outstanding1.615.5226.126.33642.451.592.8102142

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-7.7-75.4-3.42-9.65-17.8-55.1-91.6-204-201-83.4
Depreciation and amortization0.850.410.280.190.381.95.434.896.844.88
Stock-based compensation15.9223.532.76
Change in inventory0.290.15-1.14-2.02-1.25-9.23-24.3-15.40.514.8
Change in payables2.1814.9-4.12-0.470.843.7216.2
Cash from operations-2.75-2.55-13.6-10.8-18.1-40.6-82.4-97.6-48.3-30.9
Capital expenditures-0.08-0.02-0.04-0.55-2.55-7.07-5.25-7.55-8.62-9.71
Acquisitions-0-22.7-38.3-4.66-0.21
Purchases of investments-2.73-7.21-39.4-1.16
Sales and maturities of investments2.776.816.410.513.6
Cash from investing-0.08-0.02-2.77-0.550.26-30.4-57.4-36.25.288.54
Debt issued1.25
Debt repaid-0.06
Cash from financing2.652.7531.7-0.0536.12236.39197-12.419.3
Net change in cash-0.180.1815.4-11.418.2152-13862.2-56.9-2.2
Free cash flow-2.83-2.57-13.6-11.3-20.6-47.6-87.6-105-56.9-40.6
Interest paid000.043.611.520.06
Income taxes paid0.070.220.34

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.58 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin29.7%Gross profit / revenue.
Operating margin-53.0%Operating income / revenue.
EBITDA margin-43.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-49.8%Pre-tax income / revenue.
Net margin-52.2%Net income / revenue.
FCF margin-13.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-5.9%Cash from operations / revenue.
Return on equity (ROE)-105.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-41.2%Net income / average total assets.
Return on invested capital (ROIC)-293.1%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue3.1%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue7.4%Capital expenditures / revenue.
D&A / revenue9.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-18.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y19.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y75.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-32.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y19.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y75.8%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-45.7%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-37.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y18.9%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-31.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-25.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y34.1%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y8.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y32.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y29.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.17xCurrent assets / current liabilities.
Quick ratio0.87x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.56x(Cash + short-term investments) / current liabilities.
Liabilities / assets60.9%Total liabilities / total assets.
Working capital$10.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets5.3%(Goodwill + intangible assets) / total assets.
Tangible book value$41.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.79xRevenue / average total assets.
Fixed asset turnover2.38xRevenue / average property, plant and equipment.
Inventory turnover6.01xCost of revenue / average inventory.
Days inventory61 days365 x average inventory / cost of revenue.
Receivables turnover5.10xRevenue / average receivables.
Days sales outstanding72 days365 x average receivables / revenue.
Days payables149 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-17 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.40Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.67Revenue / diluted weighted shares.
FCF per share-$0.09Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.04Cash from operations / diluted weighted shares.
Book value per share$0.33Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.29Tangible book value / shares outstanding.
Cash per share$0.24(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$84.0MShare price x shares outstanding.
Enterprise value$50.0MMarket cap + total debt - cash - short-term investments.
P/S0.87xMarket cap / revenue.
P/B1.76xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.03xMarket cap / tangible book value, when positive.
EV/Sales0.52xEnterprise value / revenue.
FCF yield-15.3%Free cash flow / market cap.
Earnings yield-60.1%Net income / market cap (the inverse of P/E).
What was Blink Charging Co.'s revenue in fiscal 2025?

Blink Charging Co. reported revenue of $103.5M for fiscal 2025, 18% lower than the year before.

Was Blink Charging Co. profitable in fiscal 2025?

No. It reported a net loss of $83.4M.

How much free cash flow did Blink Charging Co. generate in fiscal 2025?

Cash from operations of $30.9M minus capital expenditures of $9.7M left free cash flow of -$40.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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