Blink Charging Q4 2024 revenue $30.2M (-29% YoY); net loss $(73.5)M includes $58M goodwill impairment

Blink Charging Co.

Total Q4 revenue $30.2M down 29% YoY; product revenue $17.2M down 48.6% YoY.
Service revenue up 24% to $9.8M contributing 33% of total revenue vs 19% last year.
Net loss $(73.5)M or $(0.73) per share, includes $58M non-cash goodwill impairment and change in fair value.
Adjusted EBITDA loss improved to $(10.6)M from $(13.9)M in Q4 2023.
Full year 2024 total revenue $126.2M down 10% YoY; net loss $(198.1)M vs $(203.7)M prior year.

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