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August 11 , 2021 blink BLINK CHARGING ANNOUNCES SECOND QUARTER 2021 RESULTS • Second quarter 2021 revenue increased 177 % over second quarter 2020 • Commercial Blink - owned charging stations contracted or deployed during the quarter grew by over 46 % compared to the prior year period • 572 % increase in revenue from charging services over the second quarter of last year • 3,264 commercial and residential EV charging stations were contracted , sold , or deployed during Second Quarter 2021 , compared to 380 in the same period last year , an increase of 758 % Miami Beach , FL , Aug. 11 , 2021 ( GLOBE NEWSWIRE ) Blink Charging Co. ( Nasdaq : BLNK , BLNKW ) ( " Blink " or the " Company " ) , a leading owner , operator , and provider of electric vehicle ( EV ) charging equipment and services , today announced financial results for the second quarter ended June 30 , 2021 . Selected Second Quarter 2021 Highlights : • The Company made continued progress with its owner / operator strategy ; the number of commercial Blink - owned charging stations contracted or deployed during the quarter grew by over 46 % in the second quarter compared to the prior year period . • Total revenue for the second quarter 2021 increased 177 % to $ 4.4 million compared to $ 1.6 million for the second quarter 2020 . • Revenues from product sales increased 156 % to $ 3.3 million compared to $ 1.3 million in the second quarter of 2020 , related primarily to increased sales of Generation 2 chargers , DC fast chargers and residential chargers . • Revenues from charging services increased to $ 0.6 million as compared to $ 90 thousand in the second quarter of 2020 , related to the increase in driving as a result of the reopening of the economy which had been constrained from the COVID - 19 pandemic . o Revenues from network fees , warranty fees , grants / rebates , and other revenues increased 48 % to $ 0.3 million as compared to $ 0.2 in the second quarter of 2020 , related to the increase in EV charging stations in the Company's network . • Net loss was $ 13.5 million or a loss of $ 0.32 per basic and diluted share compared to net loss of $ 3 million or a loss of $ 0.11 per basic and diluted share in the second quarter of 2020. Second quarter 2021 net loss is primarily attributable to an increase in compensation expense and general and administrative expenses . Selected Year - To - Date 2021 Highlights :