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NextNRG, Inc. Reports Increased Sales Amid Financial Challenges

NextNRG, Inc. Reports Increased Sales Amid Financial Challenges

Ezfill Holdings, Inc. ( (NXXT) ) has released its Q2 earnings. Here is a breakdown of the information Ezfill Holdings, Inc. presented to its investors.

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NextNRG, Inc., formerly known as EzFill Holdings, Inc., operates in the renewable energy sector, focusing on on-demand mobile gas delivery and the development of wireless electric vehicle charging technology integrated with battery storage and solar energy solutions. The latest earnings report for the quarter ending June 30, 2025, highlights significant financial challenges for NextNRG, Inc. Despite a notable increase in sales compared to the previous year, the company reported a substantial net loss, reflecting the high costs associated with its expansion and strategic initiatives. Key financial metrics indicate that NextNRG’s sales rose to $19.7 million for the quarter, a significant increase from $7.4 million in the same period last year. However, the company’s expenses surged, leading to a net loss of $36.1 million for the quarter. The company’s accumulated deficit now stands at $112.8 million, and it faces a working capital deficit of $29.8 million. Looking ahead, NextNRG’s management remains focused on expanding into new markets and securing additional financing to support its growth strategy. The company aims to leverage its innovative technologies and strategic partnerships to enhance its market position and drive long-term profitability.

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