secwatch.observer — SEC 8-K summary
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Issuer:     Blink Charging Co. (BLNK)
CIK:        0001429764
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001493152-23-015948
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blink Q1 revenues $21.7M (+121% YoY); net loss $29.8M; guidance $100-110M for FY2023
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- Total revenues $21.7M (+121% YoY); product sales $16.4M (+104%); service revenues $4.8M (+216%).
- Gross profit $4.5M (21.0% margin); net loss $29.8M ($0.53/share) vs $15.1M loss a year ago.
- Adjusted EBITDA loss $17.8M; cash and equivalents $103.2M as of March 31, 2023.
- FY2023 revenue guidance $100-110M; gross margin target >30%.
- Post-quarter, Blink Mobility acquired Envoy Technologies; Q1 saw 6,461 charging stations deployed/contracted/sold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1429764/000149315223015948/0001493152-23-015948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1429764/000149315223015948/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-015948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer