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Re: Antwan Jackson post# 3316

Sunday, 07/08/2018 9:55:39 AM

Sunday, July 08, 2018 9:55:39 AM

Post# of 5226
There are conflicting claims as to who is the largest. It is clear BLNK is not the largest third party EV charging company in the world, which includes OUS.

Logically, using revenue as a metric, with BLNK showing less than $700,000 per quarter, this would seem to suggest BLNK is not the largest third party provider in the U.S. Most of the competition is private and these companies do not publicly report their financials. If the breadth of the network is the chosen metric, i.e. the number of charging stations, it would seem BLNK's network is significantly underutilized. A network, purported to be worth "millions", but only generating a meager $700,000 per quarter, doesn't "compute"! If the network isn't being used, the breadth of the network doesn't matter.

Quarterly revenues, consistently reported at less than $700,000, suggests the utilization of BLNK's aging network is minimal and worse, not growing!
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