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Stock impact report

Blink Charging Co (BLNK) Q4 2024 Earnings Call Highlights: Revenue Growth and Strategic ... [Yahoo! Finance]

Blink Charging Co. (BLNK) 
Last blink charging co. earnings: 8/14 04:26 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.blinkcharging.com
Company Research Source: Yahoo! Finance
Q4 2024 Service Revenue: $9.8 million, a 24% increase year over year. Full Year 2024 Service Revenue: $34.8 million, a 31.8% increase year over year. Q4 2024 Gross Profit: $7.5 million, or 25% of revenues. Full Year 2024 Gross Margin: 32%, with potential adjustment to 35% excluding asset adjustments. Operating Expenses Reduction: 24% decrease in 2024, with Q4 expenses down 17% sequentially from Q3 2024. Cash Burn Reduction: 51% reduction in 2024, from $18 million per quarter in 2023 to $9 million per quarter in 2024. Q4 2024 Loss Per Share: $0.73, improved adjusted loss per share of $0.15. Full Year 2024 Loss Per Share: $1.96, improved adjusted loss per share of $0.61. Q4 2024 Adjusted EBITDA: Loss of $10.6 million, a 25% improvement year over year. Full Year 2024 Adjusted EBITDA: Loss of $49.5 million, a 13% improvement year over year. Cash Liquidity as of December 31, 2024: $55 million, with no cash debt. Company-Owned Chargers: 6,867 units, a 33% increase fro Show less Read more
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