MIAMI BEACH, FL, April 01, 2019 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”), a leading owner, operator and provider of electric vehicle (EV) charging station products and networked EV charging services, today announced audited financial results for the fiscal year ending December 31, 2018.2018 and First Quarter 2019 Highlights:Blink Charging’s electric vehicle charging network had approximately 140,146 registered members as of December 31, 2018 as compared to approximately 111,203 members at December 31, 2017 representing a 26% increase year over year in registered network members. Net Loss for the year ended December 31, 2018 was $3.4 million, or $1.30 per share, versus a loss of $75.4 million, or $25.95 per share, for the year ended December 31, 2017. Our Net Loss improved by $72 million dollars between 2017 and 2018. Our December 31, 2018 balance sheet reflects $15.6 million in working capital (defined as current assets less current liabilities) versus negative working capital of $34.8 million at December 31, 2017; an improvement of over $50 million in working capital between 2017 and 2018. Total liabilities were $5.6 million at December 31, 2018 versus $38.8 million at December 31, 2017; reflecting a decrease of $33.2 million or an 86% reduction in total liabilities between 2017 and 2018. Michael D. Farkas, our Executive Chairman and Chief Executive officer stated “We ended 2018 with a strong balance sheet and see an increasing world-wide focus on EV adoption and infrastructure build-out. We are ideally positioned to capitalize on the expanding clean transportation opportunities during 2019 and beyond with our Blink charging network and our newly introduced Blink IQ200 Family of next generation Fast AC charging stations. 2018 was a year of rebuilding our business operations. The vision and mission that were established with the founding of Blink in 2008 is now reality as EV technology can now deliver the performance transportation markets require. Our network, expertise and increased footprint of network chargers have us very excited about the coming years opportunities”During the first quarter of 2019, Blink Charging: Successfully completed its pilot program of the Blink IQ200 family of next-generation, 80Amps, Level 2 Fast AC charging stations with dozens of units and more than six (6) months of testing in every major region of the United States. The Blink IQ200 is now in full production and commercially available to customers.Entered into a memorandum of understanding (“MOU”) with InterEnergy Systems, the technology focused wholly owned subsidiary of InterEnergy Group (“InterEnergy”), to form a joint venture entity (“JV”) to develop EV charging infrastructure throughout the Dominican Republic and Panama, with the objective of expanding the business to other Latin American and Caribbean markets in the near future. Blink will provide the JV with its EV charging stations, the Blink Network and expertise, while InterEnergy will provide operational support, local resources and power sector expertise in the markets where the JV will operate.Signed an agreement with the EUNICE ENERGY GROUP (EEG) to establish a joint venture (JV), Blink Charging Europe Ltd. (“Blink Europe”), to leverage Blink’s EV products, network, technology, and experience within the EV charging space alongside EEG’s position and financial abilities to expand the charging infrastructure in Greece and other European countries.As previously announced:We teamed up with Google Maps during the third quarter as they brought EV charging stations to its maps to assist EV drivers in locating our charging stations.Blink Charging and Hubject (a joint venture formed by companies including BMW Group, Bosch, Daimler, EnBW, Innogy, Siemens and Volkswagen Group) announced a strategic relationship. Blink Charging’s nationwide network of chargers will be accessible to all EV drivers participating in Hubject’s charging platform and Blink Charging’s network members will be able to easily access all charging stations on Hubject participating networks while driving in the United States.
Hoje promete. Já nao era sem tempo
Desde 2,2Já dizia a minha Avó, "Quem espera, sempre alcança " no fim do "desespera"
NAO.
Neste momento nao preciso de vender. PAra onde vai a massa toda que vai entrar no mercado?
