Blink Charging Co. (BLNK) Investment Report

Overview

Blink Charging operates within the Industrials sector, focusing on Engineering & Construction. It's marked by high volatility, with a risk rating of 9 and a beta of 2.78, indicating its stock price is more volatile than the market.

Valuation

• Market Cap: $241.4 million
• Forward P/E Ratio: -7.47 (Negative, indicating unprofitability)
• Price-to-Book Ratio: 0.77 (Trading below book value)

Profitability

• Profit Margins: -144.88% (Negative)
• Trailing EPS: -$3.21
• Forward EPS: -$0.32
• EBITDA: -$93.1 million (Negative)
• Operating Margins: -39.74% (Negative)

Cash Flow

• Free Cash Flow: -$68.0 million (Negative)
• Operating Cash Flow: -$97.6 million (Negative)
• Total Cash: $121.7 million
• Total Debt: $17.9 million
• Quick Ratio: 2.40
• Current Ratio: 3.18

Revenue and Growth

• Total Revenue (Latest Quarter): $42.5 million
• Year-over-Year Growth: Positive, but overshadowed by lack of profitability

Debt

• Debt-to-Equity Ratio: 6.20 (High)

Trends (Last 5 Quarters)

• Revenue Growth: Increasing, from $22.6 million to $42.5 million
• Net Income: Consistently negative, latest at -$19.7 million
• Operating Cash Flow: Negative but improving, latest at -$20.4 million
• Free Cash Flow: Negative but improving, latest at -$21.2 million

TL;DR Summary

Blink Charging is experiencing revenue growth but remains unprofitable with negative profit margins, earnings, and cash flows. The high debt-to-equity ratio is concerning, though the company has adequate liquidity for the short term. The stock's high volatility and current financial health present a high-risk investment.

Pros

• Increasing revenue quarter over quarter
• Adequate liquidity to cover short-term obligations
• Trading below book value, potentially undervalued

Cons

• Negative profit margins and earnings
• Negative free and operating cash flows
• High debt-to-equity ratio, indicating potential financial instability
• High volatility and overall risk

Recommendation: Don't Invest

Given the current financial health and trends, BLNK presents a high-risk investment opportunity. While there is revenue growth, the company's persistent unprofitability, negative cash flows, and high debt levels raise concerns about its long-term sustainability. Investors should monitor the company's progress towards profitability closely but remain cautious given the high risk profile.

Investors are advised to consider lower-risk investments or wait for more positive signs of profitability and financial stability from Blink Charging before investing.