NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) — PRISM MarketView today announced the spotlighting of NextNRG, Inc. (Nasdaq: NXXT) on its platform, following the Company’s report of estimated 139% year-over-year revenue growth for February 2025. This marks the second consecutive month of record performance for the Company’s EzFill mobile fueling division, which continues to drive momentum across its AI-powered energy solutions.
According to unaudited results, February revenue reached approximately $5.09 million, despite fewer operating days than January. Fuel volumes surged to approximately 1.44 million gallons, a 166% increase compared to the same month last year.
This PRISM update follows the Company’s recent announcement of full-year 2024 revenue growth of 20% to $27.8 million, with gross profit up 64% year-over-year to $2.3 million. Fourth quarter revenue rose to $6.9 million, with gross profit nearly doubling to $652,000.
In the article, Michael D. Farkas, Founder and CEO of NextNRG, emphasized the company’s recent momentum and strategic growth, stating: “We believe our back-to-back record months underscore the power of our growing platform and the momentum we’ve built through strategic expansion. The successful integration of the Shell Oil fleet and our long-term agreement with a global e-commerce leader are now fueling real, measurable growth. As we scale with continued discipline, demand from fleet partners continues to rise, validating our model and vision for the future. With EzFill’s on-demand fueling operating efficiently and NextNRG’s smart energy infrastructure, we are positioned to lead the transformation of how energy is delivered in a connected, AI-driven world.”
As the Company continues to scale, it plans to accelerate growth across mobile fueling, AI-optimized microgrids, and wireless EV charging, supported by new SaaS contracts and infrastructure deployment initiatives.
Read the full feature on PRISM MarketView: https://prismmarketview.com/nextnrg-inc-announces-estimated-139-year-over-year-revenue-growth-for-february-2025/
A conference call to discuss full-year 2024 financial results is scheduled for today, Monday, March 31, 2025 at 4:30 PM ET.
To find out more about NextNRG, read the latest Q&A HERE
A conference call to discuss NextNRG’s full-year 2024 results is scheduled for Monday, March 31, 2025, at 4:30 PM ET.
About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging, and on-demand mobile fuel delivery to create an integrated ecosystem.
At the core of NextNRG’s strategy is its Utility Operating System which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG Smart Microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs, and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.
NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.
To find out more visit: www.nextnrg.com
About PRISM MarketView Established in 2020, PRISM MarketView is dedicated to the monitoring and analysis of small cap stocks in burgeoning sectors. We deliver up-to-the-minute financial market news, provide comprehensive investor tools and foster a dynamic investor community. Central to our offerings are proprietary indexes that observe emerging sectors, including biotech, clean energy, next-generation tech, medical devices and beyond. Visit us at prismmarketview.com and follow us on X.
PRISM MarketView does not provide investment advice.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.
Disclaimer
This communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together “PCG”). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its clients’ securities. See www.pcgadvisory.com/disclosures.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d884dd9-cd01-4cab-b76b-a0f2054cb4f3