Miami, USA, March 7th, 2025, FinanceWire
NextNRG, Inc. (“NextNRG” or the “Company”) (Nasdaq: NXXT), NextNRG, Inc. (“NextNRG” and the “Company”) (Nasdaq: NXXT), a pioneer in utilizing artificial intelligence and machine learning to redefine energy innovation with its cutting-edge utility operating system, smart microgrid solutions, wireless electric vehicle charging, and fuel delivery technologies, announced today that its EzFill division achieved record-setting revenue growth in January 2025. According to preliminary, unaudited data, the Company saw an estimated 136% increase in revenue compared to January 2024, along with substantial month-over-month improvement from December 2024.
In January 2025, EzFill generated approximately $4.99 million in revenue, a significant jump from $2.11 million reported for January of the prior year. This performance reflects the delivery of over 1.43 million gallons of fuel during the month, representing a 163% increase in fuel volumes year-over-year.
Sequentially, revenue also experienced robust momentum, rising approximately 120% from December 2024’s total of $2.27 million. Fuel volumes for January climbed 132% compared to the previous month, with EzFill delivering nearly 1.44 million gallons in January versus approximately 620,000 gallons in December.
Strategic Growth and Expanded Capacity Driving Results
Michael D. Farkas, Executive Chairman and CEO of NextNRG, highlighted the drivers behind this record-breaking month, stating, “This extraordinary growth is a testament to the effectiveness of our expansion strategy and operational discipline. Our recent acquisition of Shell Oil’s fleet of delivery trucks has effectively doubled our delivery capacity, providing the infrastructure necessary to capture new business and accelerate growth.”
He added, “In January, we officially commenced fuel delivery services under a major long-term contract with one of the world’s largest e-commerce companies. This agreement, alongside consistent revenue growth from our fleet customer base across key geographic markets, has been instrumental in driving our performance. Combined with the successful completion of recent financing and a strategic share exchange, we believe we are well-positioned to continue scaling both our traditional and technology-driven fueling operations.”
About NextNRG, Inc.
NextNRG, Inc. is a technology-first energy solutions provider, leveraging artificial intelligence (AI) and machine learning (ML) to reshape renewable energy management, energy infrastructure, battery storage, wireless electric vehicle (EV) charging, and on-demand mobile fuel delivery. By integrating these capabilities into a single ecosystem, NextNRG aims to improve energy efficiency and create smarter, cleaner solutions for commercial and institutional customers.
Central to the Company’s strategy is its proprietary Utility Operating System, which uses AI and ML to enhance energy optimization for utility operators. In addition, NextNRG’s Smart Microgrids incorporate solar generation and battery storage alongside advanced energy management technology to deliver reliable, cost-effective, and resilient power solutions to a wide range of sectors, including commercial properties, healthcare facilities, educational institutions, government sites, and underserved communities.
NextNRG continues to scale its mobile fueling fleet and national footprint, supported by acquisitions such as the fuel division of Yoshi Mobility and Shell Oil’s delivery fleet. Through these initiatives, the Company has established itself as a leader in the fast-growing on-demand fueling market. At the same time, NextNRG is advancing its commitment to clean energy by incorporating sustainable technologies, such as wireless EV charging, into its service offering — helping its fleet customers make a seamless transition to electric mobility while supporting environmental goals.
To learn more, users can visit www.nextnrg.com.
Forward-Looking Statements
This press release contains forward-looking statements, as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect NextNRG’s expectations, projections, and beliefs regarding future events, which are subject to risks, uncertainties, and changes in circumstances. Words such as “anticipate,” “believe,” “expect,” “intend,” and similar expressions are intended to identify such forward-looking statements. Actual results could differ materially due to various risk factors, including business and economic uncertainties, global events, and other factors detailed in NextNRG’s filings with the Securities and Exchange Commission. NextNRG disclaims any obligation to update these statements unless required by law, and readers are cautioned not to place undue reliance on forward-looking information.
Contact
Investor Relations
Sharon Cohen
NextNRG, Inc.
SCohen@nextnrg.com
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