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Stock impact report

Blink Charging Announces 2017 Financial Results

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: GlobeNewswire
Leading Provider of Electric Vehicle Charging Equipment and Networked Charging Services  Doubles Year Over Year Gross Profits Hollywood, Florida, April 25, 2018 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”) announced financial results for the fiscal year ended December 31, 2017, demonstrating what the company believes is a growth trajectory beyond its anticipated plan. 2017 Highlights* Include: Gross Profit increased 104% from $512,000 in 2016 to $1 million in 2017.Charging service revenue from Company-owned charging stations increased 4% from $1.14 million in 2016 to $1.18 million in 2017.Total assets increased 41% from $1.9 million in 2016 to $2.7 million in 2017 “While these numbers do not reflect our recapitalization, our progress in 2017 allowed us to tee the Company up for the next stage, leading to our $18.5 million public offering on Nasdaq this past February,” said Mike Calise, Blink Charging’s Chie Show less Read more
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