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November 11 , 2021 blink BLINK CHARGING ANNOUNCES THIRD QUARTER 2021 RESULTS • Record Revenues in Q3 2021 , up 607 % over prior year period • Service Revenues increased 425 % year over year ( 1 ) 3,016 charging stations contracted or sold in Q3 2021 , an increase of 351 % compared to last year Miami Beach , FL , Nov. 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 third quarter ended September 30 , 2021 . The following financial highlights are in thousands of dollars and unaudited . Product Sales Service Revenues ( 1 ) Other Revenues Total Revenues $ Three Months Ended September 30 , 2021 4,824 1,382 196 6,402 $ $ 2020 —— 557 263 86 906 $ $ Nine Months Ended September 30 , 2021 9,762 2,601 627 12,990 $ $ 2020 2,609 797 371 3,777 ( 1 ) Service Revenues consist of charging service revenues , network fees , and ride - sharing service revenues . " Our third quarter results continued the momentum built during the first half of 2021 , exceeding our internal expectations with record revenues in both product sales and service revenues as we continued to expand our footprint of charging stations and enhanced our brand recognition around the world , " said Michael D. Farkas , Blink's Chairman and Chief Executive Officer . " During the quarter , we made great strides increasing our network of property partners , winning exclusive , multi - year agreements that we anticipate will result in additional charging station deployments and revenue generation . We are focused on continuing to grow our owner - operator business model , which differentiates us in the industry , because we not only install and maintain the charging equipment , but we also benefit from its ongoing utilization . This is an exciting time for Blink as the transition to EV use gains traction , driven by environmental concerns and legislative directives . We are well positioned to play a critical role in the establishment of convenient , reliable EV infrastructure and we're energized by the opportunities and interest we're seeing in the marketplace . We anticipate winning many more future grant awards , coupled with a robust pipeline of opportunities ahead , we look forward to finishing the year strong and carrying this