Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
27.77M | 23.22M | 15.04M | 7.23M | 3.59M | Gross Profit |
2.30M | 1.37M | -173.51K | 206.68K | 42.17K | EBIT |
-7.28M | -8.82M | -17.49M | -8.77M | -6.93M | EBITDA |
-6.54M | -7.72M | -15.72M | -7.90M | -6.48M | Net Income Common Stockholders |
-16.19M | -10.47M | -17.51M | -9.38M | -7.25M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
438.30K | 226.99K | 4.19M | 16.92M | 882.87K | Total Assets |
12.18M | 5.72M | 10.60M | 22.92M | 2.81M | Total Debt |
8.21M | 6.71M | 3.56M | 476.31K | 1.55M | Net Debt |
7.77M | 6.48M | 1.49M | -13.08M | 667.22K | Total Liabilities |
10.02M | 7.62M | 4.81M | 1.06M | 4.29M | Stockholders Equity |
2.16T | -1.91M | 5.79M | 21.87M | -1.48M |
Cash Flow | Free Cash Flow | |||
-9.84M | -6.64M | -14.86M | -8.30M | -1.63M | Operating Cash Flow |
-4.59M | -6.64M | -11.60M | -6.31M | -1.61M | Investing Cash Flow |
-5.93M | 2.17M | -2.43M | -5.39M | -24.07K | Financing Cash Flow |
10.72M | 2.63M | 2.53M | 24.37M | 2.48M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | $2.49B | 99.28 | 2.00% | ― | -1.77% | -41.65% | |
61 Neutral | $11.41B | 10.19 | -7.05% | 2.95% | 7.46% | -10.52% | |
56 Neutral | $976.69M | 236.42 | -5.96% | ― | 6.08% | 52.48% | |
53 Neutral | $351.68M | ― | -9999.00% | ― | 52.34% | 10.37% | |
52 Neutral | $147.45M | ― | -82.96% | ― | -86.10% | -49.68% | |
37 Underperform | $154.59M | ― | -17.03% | ― | ― | -29.15% |
On May 15, 2025, NextNRG, Inc. announced its preliminary unaudited financial results for April 2025, reporting a 154% year-over-year increase in revenue to $5.82 million and a 207% rise in gallons delivered. This growth is attributed to sustained volume increases, expansion into Oklahoma, and rising demand from national fleet clients. The company’s strong performance underscores the effectiveness of its business model and execution strategy, as it continues to expand its fleet and integrate sustainable energy solutions, positioning itself as a leader in the on-demand fueling industry.
On May 5 and May 9, 2025, NextNRG, Inc. entered into promissory notes with its CEO, Michael D. Farkas, for sums of $600,000 and $112,000, respectively, to support the company’s working capital needs. Both notes carry a 12% annual interest rate and mature by May 2026 or upon the company raising $4 million in capital. These financial arrangements highlight the company’s efforts to bolster its operational funding.
On April 30, 2025, NextNRG announced the expansion of its mobile fueling operations into Oklahoma, marking a significant step in its national growth strategy. This expansion begins with servicing one of the nation’s largest in-house fleet operators under a long-term agreement and aims to capitalize on Oklahoma’s burgeoning infrastructure and logistics sectors, which align well with NextNRG’s customer profile. The move is expected to bolster NextNRG’s recurring revenue strategy and strengthen its position in the on-demand fueling industry, while supporting broader growth across the state and integration of sustainable energy solutions.
On March 24 and 25, 2025, NextNRG, Inc. entered into agreements with Redstone Advance Inc. and Funderzgroup LLC DBA Mr. Advance, respectively, to sell future sales proceeds in exchange for immediate payments, with CEO Michael D. Farkas personally guaranteeing these obligations. Additionally, a Fee Agreement was made with Mr. Farkas for his personal guarantees. On March 28, 2025, NextNRG announced a record revenue increase of 139% year-over-year for February 2025, with its EzFill mobile fueling division achieving significant growth despite fewer operational days. This performance underscores the company’s strategic expansion and integration of sustainable energy solutions, solidifying its position in the industry.
On March 5, 2025, NextNRG, Inc. announced record unaudited revenue growth for January 2025 in its EzFill division, with a 136% increase year-over-year and 120% month-over-month. The company attributes this success to its strategic acquisition of Shell Oil’s truck fleet, which doubled its operational capacity, and the initiation of a significant fuel delivery agreement with a leading e-commerce company. This growth highlights NextNRG’s strong market positioning and its ongoing expansion in the on-demand fueling industry.