The Company and a group of three Cyprus entities entered into a shareholders' agreement on February 11, 2019, pertaining to the parties' respective shareholdings in a new joint venture entity, Blink Charging Europe Ltd. (the "Entity"), that was formed under the laws of Cyprus on the same date. Subsequently, two of the Cyprus entities sold its interest to the remaining Cyprus entity. Pursuant to the agreement, the Company is not required to fund operating losses. The Company owns 40% of the Entity while the ...

Blink Charging Co. (NASDAQ:BLNK) 35th Annual ROTH Conference March 13, 2023 12:25 PM ET Company Participants Michael Farkas - Founder, Executive Chairman and Chief Executive Officer Unidentified Analyst All right. Thank you, everybody, for joining us. Quicker, when I cover sustainability here, we write about more EV and charging names than any other bank here at ROTH, or I should say ROTH MKM, just got some new friends in the crowd. Really happy to have Michael Farkas here today. Michael has been a long-tim ...

● Never accumulates more than 1 kg (2.2 lbs.) of acute hazardous waste at any one time. The use of our machinery and equipment must comply with the following applicable laws and regulations, including safety and environmental regulations: ● General Safety for All Employees – Includes health hazard communication, emergency exit plans, electrical safetyrelated work practices, office safety, and hand-powered tools. ● Technicians and Engineers – Only authorized persons (technicians and engineers) perform produc ...

Financial Data and Key Metrics Changes - The company reported a fourth quarter revenue growth of 184% year-over-year, reaching $22.6 million, and a full year revenue increase of 192% to $61.1 million compared to $20.9 million in 2021 [72][76] - Service revenue grew by 213% in Q4 2022 to $5.7 million, compared to $1.8 million in Q4 2021 [73][107] - Network fees surged to $2.3 million in Q4 2022, marking an increase of 827% compared to the same quarter last year [74] - Adjusted EBITDA loss for Q4 2022 was $14.8 million, an improvement of $3 million from Q3 2022 [74][117] - Adjusted EPS for Q4 2022 was a loss of $0.41, compared to a loss of $0.47 in Q3 2022 [75][118] Business Line Data and Key Metrics Changes - The number of stations contracted, sold, or deployed grew to 66,478 units, an increase of 105% compared to 2021 [75] - Product sales in Q4 2022 were $15.8 million, an increase of 176% over the same period in 2021 [113] - Gross profit for Q4 2022 was approximately $6.5 million, a 370% increase year-over-year [108] Market Data and Key Metrics Changes - Electric vehicles (EVs) achieved around 10% market share for the first time, with global EV sales growing by 68% year-over-year [66] - The company noted that 76% of its total chargers are deployed in North America, while 24% are deployed internationally [86] Company Strategy and Development Direction - The company aims to leverage its vertically integrated model to control its destiny and generate high gross margins [71] - The focus is on expanding its manufacturing capabilities, targeting production of 100,000 units annually in the U.S. [103] - The company is exploring various ownership models to meet customer needs and enhance service offerings [70][88] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future growth of the EV market, anticipating significant demand for charging infrastructure [84] - The company is preparing to handle the expected growth in the EV sector and is focused on capturing synergies from recent acquisitions [105][111] Other Important Information - The company completed an oversubscribed public offering of common stock for gross proceeds of approximately $100 million, which will be used for business operations and strategic investments [76] - The company is compliant with the Buy American requirements and expects to meet future standards enacted in July 2024 [102] Q&A Session Summary Question: What is driving the significant increase in network fees? - Management indicated that the increase is due to selling hardware to third parties and recurring fees from energy sales, with expectations for continued growth in recurring revenue models as more charging stations are deployed [8] Question: Can you comment on the V2G opportunity? - The company is working with various partners to explore monetization opportunities related to vehicle-to-grid (V2G) solutions [14][16] Question: How is the transition of legacy Sema chargers to the own and operate model progressing? - The company has identified multiple site hosts interested in the own and operate model and is actively converting the SemaConnect network to Blink's network [26][28] Question: What is the current run rate for manufacturing? - The company has increased productivity at its Bowie facility to between 12,000 and 14,000 units and plans to expand capacity further [31][32] Question: What is the trajectory for operating expenses? - Management expects to see operational reductions as synergies from acquisitions are realized, while still growing the business [39][41]

blik February 28, 2023 Blink Charging Sales Presentation @ 2023 Blink Charging Co. All Rights Reserved. SAFE HARBOR STATEMENT This presentation contains statements that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, that are based on management's current expectations and assumplions nd are subject to risks and uncertainties. Such statements include, but are no ...

Blink Charging Co. (NASDAQ:BLNK) Citi’s 2023 Global Industrial Tech and Mobility Conference February 23, 2023 10:30 AM ET Company Participants Brendan Jones - President Conference Call Participants Itay Michaeli - Citi Itay Michaeli Good morning, everybody. We're ready to kick off our next session. I'm Itay Michaeli, Citi's auto and mobility analyst. And very pleased to have for the first time with us at the conference, Blink Charging, as we get into the topic of EV charging today. Very pleased to have Bren ...

Blink Charging Co. Conference Call Summary Company Overview - **Company**: Blink Charging Co. (NASDAQ: BLNK) - **Industry**: Electric Vehicle (EV) Infrastructure - **Key Participants**: Brendan Jones (President), Chris Pierce (Needham Research) Core Points and Arguments Business Model and Offerings - Blink Charging is a full-service EV infrastructure company providing a range of options including equipment sales, network services, and owner-operator solutions [3][4] - The company is described as the only fully vertically-integrated player in the industry, controlling design, manufacturing, sales, and operation of its equipment [3] - Blink offers four ownership models: owner-operated, Blink-owned, hybrid-owned, and Blink-as-a-service, allowing flexibility to meet diverse customer needs [5][6][8] Product Development and Market Position - Recently announced five new products at CES, including DC fast charging and home charging solutions [4] - The company has a bias towards the owner-operator model due to its preference for product revenue, which currently constitutes the majority of its income [12] - Blink is expanding its manufacturing footprint in India and the U.S. to control costs and improve margins [13][66] Market Dynamics and Competition - The company anticipates hyper-commoditization in the L2 market, leading to suppressed margins, and aims to offset this through the owner-operator model [12][17] - Blink has won approximately $27 million in grants and RFPs over the past two years, primarily for DC fast chargers under the owner-operator model [24] - The company is actively involved in M&A, acquiring companies like SemaConnect to expand its market share and integrate technology [30][31] Charging Infrastructure Insights - Blink emphasizes the importance of L2 charging, predicting that 90% of global charging will be L2, while only 10% will be DC fast charging [26] - The company recognizes the need for a robust charging infrastructure to alleviate range anxiety among consumers, especially as more EVs enter the market [39][40] Future Outlook - Blink aims to keep pace with industry growth, targeting a sustainable business model that balances sales and owner-operator opportunities [75][77] - The company is focused on expanding its presence in both the U.S. and European markets, adapting its strategies to local conditions [33][36] Additional Important Insights - Blink's home charging solutions are sold through major retailers like Amazon and Best Buy, with a focus on connectivity and energy management features [10][44] - The company is addressing the issue of charger reliability, noting that many failures are due to credit card reader issues rather than mechanical failures [61][62] - Blink's manufacturing capabilities in Bowie, Maryland, are being expanded to meet growing demand and comply with U.S. manufacturing standards [66][67] Conclusion - Blink Charging Co. is positioned as a leader in the EV infrastructure market with a comprehensive range of products and flexible business models. The company is actively expanding its operations and adapting to market dynamics while focusing on sustainable growth and technological integration.

Blink Charging Co. (NASDAQ:BLNK) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Vitale Stelea - VP, IR Michael Farkas - Chairman & CEO Brendan Jones - President Michael Rama - CFO Conference Call Participants Stephen Gengaro - Stifel Matt Summerville - D.A. Davidson Chris Souther - B. Riley FBR Sameer Joshi - H.C. Wainwright Operator Good afternoon, and welcome to Blink Charging’s Third Quarter 2022 Earnings Conference Call. All participants are in listen-only mode, there ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Nevada 03-0608147 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock BLNK The NASDAQ Stock Market LLC Common Stock Purchase Warrants BLNKW The NASDAQ Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended ...

Blink Charging Co. (NASDAQ:BLNK) H.C. Wainwright 24th Annual Global Investment Conference September 12, 2022 10:00 AM ET Company Participants Michael Farkas - Chairman and Chief Executive Officer Unidentified Analyst Good morning and thank you for joining H.C. Wainwright's 24th Annual Investment Conference. My name is [Mason] [Ph], part of the Investment Banking team at H.C. Wainwright. It's my pleasure to introduce Michael and Vitalie from Blink Charging. Michael Farkas Good morning, everybody. Thank you f ...