Aug. 22 at 2:10 PM
$BLNK
Loss of
$0.04 per share (better than the projected -
$0.05). GAAP gross margin up sharply to 38.9% (vs. 16.8% last year). Cash burn rate reduced by 80%.
Break-even is expected by the end of 2026, with positive net cash flow targeted for 2027.
The numbers tell the story: in its latest results (Q2 2026), BLNK reduced its adjusted EBITDA loss by 72%, bringing it down to just -
$2.2 million.
Free cash flow improved significantly, moving from -
$17.9 million last year to -
$3.4 million.
Viability: With
$34 million in cash, Blink has sufficient funds to reach its self-financing goal without needing further shareholder dilution.
