NextNRG Reports Strong Financial Growth in 2024

Ezfill Holdings, Inc. ( (NXXT) ) has released its Q4 earnings. Here is a breakdown of the information Ezfill Holdings, Inc. presented to its investors.

NextNRG Inc. is a company at the forefront of AI-driven energy innovation, focusing on transforming energy production, management, and delivery through advanced technologies such as smart microgrids and wireless EV charging. In its latest earnings report, NextNRG announced a significant increase in both revenue and gross profit for the fiscal year 2024, reflecting the company’s successful strategic initiatives and market expansion. The company reported a 20% rise in annual revenue to $27.8 million and a 64% increase in gross profit to $2.3 million, driven by enhanced operating efficiency and higher-margin fuel delivery. The fourth quarter alone saw a 21% revenue increase to $6.9 million, with gross profit nearly doubling to $652,000. Key strategic milestones include a corporate rebranding, expansion in mobile fueling, and advancements in EV charging solutions. Looking ahead, NextNRG aims to scale its AI-powered energy solutions and continue its growth across multiple verticals, positioning itself as a leader in the distributed energy sector.