BLNK is an electric vehicle charging equipment supplier. The company has over 23,000 charging stations across the US and has secured . The global EV market is expected to grow at a 25.6% CAGR from 2019-2026 and is forecasted to reach over $567B by 2026. BLNK makes revenue from selling hardware, energy, reoccurring network management fees, and advertisements. The company is not EBITDA profitable, but expects to double revenue in FY 2021 to 14M. The current market cap of BLNK is 1.4B.
