earnings
confidence high
sentiment negative
materiality 0.75
Blink Charging Q2 revenue $28.7M (+38% sequentially), net loss $32.0M; acquires Zemetric, settles Envoy
Blink Charging Co.
2025-Q2 EPS
reported -$0.51
vs consensus -$0.18
▼ miss
(-184.4%)
- Total revenues $28.7M, up 38% sequentially but down 13.8% YoY; service revenues $11.8M, up 46% YoY.
- Net loss of ($32.0M) or ($0.31) per share vs. ($20.1M) loss in Q2 2024; adjusted EBITDA loss ($24.5M).
- Incurred $16.5M in largely one-time non-cash charges; reduced ongoing annual operating expenses by $8M.
- Post-quarter acquired Zemetric (charging infrastructure); Harmeet Singh named CTO.
- Agreed to issue $10M in stock and $11M in performance warrants to former Envoy shareholders, releasing Blink from all payment obligations.
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