Estados financieros detallados de Blink Charging Co. (BLNK): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Blink Charging Co. registró ingresos de $103.2M en el último ejercicio fiscal, con un CAGR de 5 años del 75.4%.
Márgenes de los últimos 12 meses: margen bruto 20.5%, margen operativo -43.4%, margen neto -50.1%.
Al precio actual de $0.53, BLNK presenta beneficios negativos (P/E no significativo) y un ROE del -75.18%. La capitalización bursátil es de $76M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $3.0M | $2.4M | $2.6M | $2.7M | $6.2M | $20.5M | $60.8M | $140.1M | $123.0M | $103.2M |
| Coste de Ventas | $2.8M | $1.5M | $1.8M | $2.4M | $4.7M | $18.1M | $46.3M | $100.4M | $86.4M | $78.0M |
| Beneficio Bruto | $179669 | $924766 | $827714 | $370000 | $1.5M | $2.4M | $14.5M | $39.7M | $36.6M | $25.2M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $6.3M | $7.3M | $11.1M | $8.7M | $16.8M | $48.9M | $28.4M | $35.1M | $31.9M | $29.3M |
| Gastos Operativos | $7.4M | $8.3M | $12.4M | $10.8M | $19.3M | $58.1M | $104.4M | $145.1M | $109.9M | $99.9M |
| Beneficio Operativo | -$7.2M | -$7.4M | -$11.6M | -$10.5M | -$17.8M | -$55.7M | -$89.9M | -$105.3M | -$73.3M | -$74.7M |
| EBITDA | -$5.6M | -$71.7M | -$1.7M | -$10.1M | -$17.1M | -$52.4M | -$80.2M | -$186.2M | -$187.5M | -$73.5M |
| Gastos por Intereses | $1.2M | $3.2M | $1.4M | 0 | 0 | 0 | $1.5M | $3.5M | $431000 | $7000 |
| Beneficio Antes de Impuestos | -$7.7M | -$75.4M | -$3.4M | -$9.6M | -$17.8M | -$55.1M | -$91.3M | -$202.2M | -$200.7M | -$83.1M |
| Impuestos | 0 | 0 | 0 | 0 | 0 | 0 | $308000 | $1.5M | $656000 | $317000 |
| Beneficio Neto | -$7.7M | -$75.4M | -$3.4M | -$9.6M | -$17.8M | -$55.1M | -$91.6M | -$203.7M | -$201.3M | -$83.4M |
| BPA | $-5.50 | $-25.95 | $-1.30 | $-0.37 | $-0.59 | $-1.32 | $-1.95 | $-3.21 | $-1.96 | $-0.76 |
| BPA Diluido | $-5.50 | $-25.95 | $-1.30 | $-0.37 | $-0.59 | $-1.32 | $-1.95 | $-3.21 | $-1.96 | $-0.76 |
| Acciones en Circulación (Diluidas) | $1.6M | $3.1M | $20.7M | $26.2M | $30.0M | $41.9M | $46.9M | $63.5M | $100.8M | $109.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $27.0M | $27.0M | $20.8M | $21.7M |
| Beneficio Bruto | $9.6M | $6.3M | -$4.6M | $8.4M |
| Beneficio Operativo | -$11.9M | -$11.9M | -$11.8M | -$6.2M |
| EBITDA | $2.5M | -$29.0M | -$9.3M | -$6.0M |
| Beneficio Neto | -$86000 | -$30.6M | -$11.6M | -$6.0M |
| BPA | $-0.00 | $-0.28 | $-0.08 | $-0.04 |
| BPA Diluido | $-0.00 | $-0.28 | $-0.08 | $-0.04 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $5898 | $185151 | $15.5M | $4.2M | $22.3M | $174.8M | $36.6M | $121.7M | $41.8M | $39.6M |
| Inversiones a Corto | 0 | 0 | $2.9M | $3.0M | 0 | 0 | 0 | 0 | $13.6M | 0 |
| Cuentas por Cobrar | $128315 | $227918 | $168169 | $206770 | $348000 | $6.3M | $23.6M | $45.4M | $43.2M | $29.5M |
| Inventario | $394825 | $247466 | $1.2M | $2.2M | $1.8M | $10.4M | $34.7M | $47.9M | $38.3M | $14.2M |
| Activos Corrientes | $613669 | $768887 | $20.8M | $10.2M | $25.7M | $192.5M | $99.3M | $221.7M | $141.2M | $89.3M |
| Inmovilizado Material | $755682 | $376920 | $654280 | $1.6M | $6.3M | $16.2M | $30.0M | $44.9M | $47.9M | $49.0M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | $1.5M | $19.4M | $203.7M | $144.9M | $17.9M | $1.7M |
| Activos Intangibles | $116482 | $106167 | $95852 | $107416 | $46000 | $3.5M | $26.6M | $16.3M | $10.4M | $6.6M |
| Activos Totales | $1.9M | $2.7M | $21.7M | $11.9M | $34.0M | $231.9M | $362.5M | $428.5M | $218.0M | $147.5M |
| Cuentas por Pagar | $7.2M | $4.2M | $1.4M | $2.4M | $3.4M | $7.1M | $24.6M | $31.2M | $28.9M | $47.2M |
| Deuda a Corto | $1.4M | $1.4M | $287966 | $10000 | $574000 | $10000 | $10000 | $6.8M | $265000 | $265000 |
| Pasivos Corrientes | $21.8M | $35.5M | $5.2M | $4.4M | $6.1M | $16.2M | $50.3M | $69.7M | $59.2M | $63.5M |
| Deuda a Largo | 0 | $3.2M | 0 | 0 | $297000 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $22.7M | $39.6M | $5.6M | $4.5M | $6.8M | $18.1M | $101.6M | $139.1M | $99.3M | $83.0M |
| Reservas | -$81.1M | -$156.4M | -$159.9M | -$169.5M | -$187.4M | -$242.5M | -$334.0M | -$537.7M | -$735.9M | -$822.4M |
| Patrimonio Neto | -$16.2M | -$36.1M | $16.1M | $7.4M | $27.2M | $213.8M | $261.0M | $289.4M | $118.7M | $64.5M |
| Deuda Total | $1.4M | $4.6M | $555555 | $285661 | $1.6M | $2.1M | $5.5M | $17.9M | $10.8M | $8.0M |
| Deuda Neta | $1.4M | $4.4M | -$17.9M | -$6.8M | -$20.8M | -$172.7M | -$31.1M | -$103.8M | -$44.6M | -$31.6M |
| Capital Circulante | -$21.2M | -$34.8M | $15.6M | $5.8M | $19.6M | $176.3M | $49.0M | $152.0M | $81.9M | $25.8M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $23.1M | $39.6M | $38.0M | $34.0M |
| Activos Totales | $171.3M | $147.5M | $133.2M | $122.3M |
| Pasivos Totales | $80.5M | $83.0M | $79.1M | $74.5M |
| Patrimonio Neto | $90.8M | $64.5M | $54.0M | $47.8M |
| Deuda Total | $8.0M | $8.0M | $7.4M | $4.5M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$7.7M | -$75.4M | -$3.4M | -$9.6M | -$17.8M | -$55.1M | -$91.6M | -$203.7M | -$201.3M | -$83.4M |
| Amortizaciones | $861831 | $412594 | $360765 | $417061 | $679911 | $2.7M | $9.5M | $12.4M | $12.8M | $9.6M |
| Compensación en Acciones | $784457 | $3.1M | $3.8M | 0 | 0 | $19.1M | $15.9M | $22.0M | $3.5M | $2.8M |
| Cambio en Capital Circulante | $2.9M | $14.7M | -$6.2M | -$2.4M | -$1.8M | -$8.6M | -$17.3M | -$27.4M | -$4.5M | $12.8M |
| Flujo de Caja Operativo | -$2.7M | -$2.5M | -$13.6M | -$11.0M | -$18.1M | -$40.6M | -$82.4M | -$97.6M | -$48.3M | -$30.9M |
| Inversiones (CapEx) | -$80463 | -$23169 | -$37711 | -$552824 | -$2.5M | -$7.3M | -$5.5M | -$8.6M | -$8.6M | -$9.7M |
| Adquisiciones | 0 | 0 | 0 | 0 | $33644 | -$22.7M | -$49.7M | -$4.7M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$2.8M | -$2.6M | -$13.6M | -$11.5M | -$20.6M | -$47.9M | -$87.9M | -$106.2M | -$56.9M | -$40.6M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$3.0M | $683000 | $671000 | -$30.9M |
| Inversiones (CapEx) | -$683000 | -$5.5M | -$1.6M | -$9.7M |
| Flujo de Caja Libre | -$3.7M | -$4.8M | -$961000 | -$40.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $433000 | $578000 | $1.3M | $2.8M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -20.5% | +9.8% | +4.8% | +126.9% | +230.8% | +196.2% | +130.3% | -12.2% | -16.1% |
| Crecimiento Beneficio Neto (anual) | | -878.9% | +95.5% | -182.0% | -85.0% | -208.9% | -66.1% | -122.5% | +1.2% | +58.6% |
| Crecimiento BPA (anual) | | -371.8% | +95.0% | +71.5% | -59.5% | -123.7% | -47.7% | -64.6% | +38.9% | +61.2% |
| Cambio en Acciones (anual) | | +91.4% | +573.6% | +27.0% | +14.5% | +39.5% | +12.0% | +35.3% | +58.9% | +8.2% |
| Crecimiento FCF (anual) | | +9.1% | -429.0% | +15.4% | -79.1% | -132.2% | -83.6% | -20.8% | +46.4% | +28.7% |
| Margen Bruto | 6.0% | 38.9% | 31.7% | 13.5% | 24.1% | 11.9% | 23.8% | 28.4% | 29.8% | 24.4% |
| Margen Operativo | -241.0% | -312.0% | -444.6% | -382.6% | -286.9% | -271.0% | -147.7% | -75.2% | -59.6% | -72.4% |
| Margen EBITDA | -187.7% | -3014.1% | -66.9% | -367.4% | -276.0% | -255.1% | -131.8% | -132.9% | -152.4% | -71.2% |
| Margen Neto | -257.2% | -3167.3% | -131.0% | -352.5% | -287.4% | -268.3% | -150.5% | -145.4% | -163.7% | -80.8% |
| Margen FCF | -94.5% | -108.1% | -521.0% | -420.6% | -332.1% | -233.1% | -144.5% | -75.8% | -46.3% | -39.3% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.3% | -0.7% | -0.3% | -0.4% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-1.77 | $-0.84 | $-0.66 | $-0.44 | $-0.69 | $-1.14 | $-1.87 | $-1.67 | $-0.56 | $-0.37 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $1.6M | $3.1M | $20.7M | $26.2M | $30.0M | $41.9M | $46.9M | $63.5M | $100.8M | $109.1M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | -75.18% |
| Rentabilidad sobre capital invertido | -66.35% |
| Rentabilidad sobre activos | -39.50% |
| Margen bruto | 20.50% |
| Margen operativo | -43.42% |
| Margen neto | -50.11% |
Salud financiera
| Deuda / Patrimonio | 0.09 |
| Ratio corriente | 1.17 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -1.25 | -0.17 | -1.32 | -5.03 | -72.46 | -20.08 | -5.63 | -1.06 | -0.71 | -0.88 |
| P/VC | -0.68 | -0.38 | 2.21 | 6.56 | 47.28 | 5.20 | 1.97 | 0.74 | 1.18 | 1.13 |
| P/V | 3.70 | 5.80 | 13.61 | 17.83 | 206.86 | 54.08 | 8.46 | 1.54 | 1.14 | 0.71 |
| Margen Bruto | 6.0% | 38.9% | 31.7% | 13.5% | 24.1% | 11.9% | 23.8% | 28.4% | 29.8% | 24.4% |
| Margen Operativo | -241.0% | -312.0% | -444.6% | -382.6% | -286.9% | -271.0% | -147.7% | -75.2% | -59.6% | -72.4% |
| Margen Neto | -257.2% | -3167.3% | -131.0% | -352.5% | -287.4% | -268.3% | -150.5% | -145.4% | -163.7% | -80.8% |