EzFill (EZFL)

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Powering the Future: EZFill Holdings Inc. Leads the Charge in the Energy Transition
Newsfile· 2025-01-08 13:00
Company Overview - EZFill Holdings Inc. is transforming the energy landscape with innovative mobile fueling solutions and technologies in smart microgrids, renewable energy integration, and wireless EV charging [1] - The company is based in Miami and provides on-demand mobile fueling services directly to consumers and businesses, eliminating the need for traditional gas stations [2] Leadership and Strategy - Michael Farkas, founder and CEO of NextNRG, has taken over as CEO of the combined company following its merger with NextNRG Holding Corp [1] - Farkas, the largest shareholder, is leading the company's strategic growth towards a more sustainable energy future by integrating AI-driven energy solutions with EZFill's fueling technologies [1] Market Position and Trends - EZFill's market influence is solidified by strategic partnerships, positioning it as a key player in the energy transition towards smarter, cleaner, and more efficient energy solutions [2] - The decline in the number of gas stations in the U.S. has prompted corporate giants like Shell, Exxon, and GM to invest in the on-demand mobile fueling industry, recognizing the shift in consumer behavior [3] - EZFill is uniquely positioned to capitalize on the growing demand for convenient and cost-efficient mobile fueling options, as it provides fuel delivery across three verticals: consumer, commercial, and specialty [3]
EzFill Holdings, Inc. Successfully Closes Acquisition of Shell Fleet, Accelerating Nationwide Mobile Fueling Expansion
Globenewswire· 2025-01-07 13:30
Core Insights - EzFill Holdings, Inc. has completed the acquisition of a fleet of trucks from Shell, enhancing its operational capacity and expanding its service areas in Texas and Arizona [1][2][3] - The acquisition adds 73 trucks to EzFill's fleet, increasing the total to 139 trucks, which is expected to enable the delivery of approximately 16 million gallons of fuel in 2025 [2][3] - EzFill now operates in 14 markets across 6 states, aiming to deliver over 26 million gallons and generate more than $100 million in revenue in 2025 [3] Company Expansion - The transaction closed on December 27, 2024, allowing EzFill to officially commence operations in four new markets: Phoenix, San Antonio, Houston, and Austin, while expanding in Dallas [2] - The company has grown from a small operation with four trucks in Miami Beach to a significant player in the mobile fueling industry with a fleet of 139 trucks [3] Strategic Goals - EzFill's CEO emphasized the importance of fleet expansion and market entry as milestones towards achieving national operations and a strong market presence [3] - The company is focused on driving innovation, scaling its service model, and enhancing customer value across its expanding national footprint [3]
EzFill Signs Definitive Agreement for the Purchase of Yoshi Mobility's Fuel Division
Prism Media Wire· 2024-11-25 15:30
Core Viewpoint - EzFill Holdings Inc. has signed a definitive agreement to acquire the fueling division of Yoshi, Inc. to expand its operations across the U.S. and enhance its market presence [2][3]. Company Overview - EzFill is a Miami-based mobile fueling service that delivers fuel directly to consumers and businesses, focusing on convenience, safety, and efficiency [6][7]. - Yoshi Mobility is a tech-enabled mobility services provider that has raised over $60 million from strategic investors, including General Motors Ventures and ExxonMobil [4][8]. Acquisition Details - The acquisition will allow EzFill to operate in four new states: California, Tennessee, Texas, and Michigan, integrating Yoshi's assets and customer base into its infrastructure [3]. - EzFill plans to add diesel fueling services immediately in the new markets, which is expected to increase revenues [3]. - Yoshi will become shareholders in EzFill as part of the agreement, indicating a strategic partnership moving forward [4]. Strategic Intent - The acquisition is seen as a transformational step for EzFill, aligning with its vision to become a national leader in mobile fueling services [5]. - EzFill aims to meet the growing demand for on-demand fueling services, similar to trends seen in grocery and package delivery [5]. - The deal reflects EzFill's commitment to providing convenient, cost-effective, and environmentally friendly fueling solutions [5].
Yoshi Mobility goes green, spins off fueling division
Prnewswire· 2024-11-04 14:32
Mobility solutions leader sharpens focus on EV charging solutions, virtual vehicle inspections, and on-site preventative maintenanceNASHVILLE, Tenn., Nov. 4, 2024 /PRNewswire/ -- Today Yoshi Mobility, the leading tech-enabled mobility solutions company, announced a strategic move to spin off its fuel division as part of its renewed commitment to sustainability and an electric future. The company has entered into a letter of intent agreeing to sell its fleet fueling operation to EZFill Holdings (NASDAQ: EZFL ...
EzFill Holdings, Inc. Regains Compliance with NASDAQ Listing Standard
GlobeNewswire News Room· 2024-09-03 13:15
MIAMI, FL, Sept. 03, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. ("EzFill") or the "Company") (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fueling industry, today announced that it has regained compliance with Listing Rule 5550(b)(1) which requires a minimum stockholders' equity of $2,500,000. As previously disclosed, on August 22, 2023, EzFill received a letter from the listing qualifications department staff of Nasdaq notifying the Company that the stockholders' equity as reported on its ...
EzFill Holdings, Inc. Announces Strategic Transactions and Debt Restructuring
GlobeNewswire News Room· 2024-08-20 12:45
Converts $13.5 Million of Debt to Equity NextNRG Invests an Additional $1.4 Million MIAMI, FL, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. ("EzFill" or the "Company") (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fueling industry, today announced a series of strategic transactions aimed at bolstering its financial position and regaining compliance with Nasdaq listing requirements, subject to Nasdaq confirmation. The transactions, which have closed, leave the Company essentially deb ...
EzFill Announces 2024 Second Quarter Financial Results
GlobeNewswire News Room· 2024-08-15 15:45
-- Revenue Increased 21% Year Over Year to Approximately $7.4 Million From $6.1 Million -- -- Gross Profit Increased 14% From The Prior Year Period -- -- Gallons Delivered Approximately 1.84 Million, Up 16% From The Prior Year Period – -- 40 New Commercial Accounts Added in Quarter -- -- Loss Per Share Improves 6% from $(1.78) to $(1.67) -- MIAMI, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. ("EzFill" or the "Company") (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fueling indust ...
EzFill (EZFL) - 2024 Q1 - Quarterly Results
2024-06-21 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 20, 2024 EZFILL HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 001-40809 84-4260623 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 67 NW 183rd Street Miami, FL 33169 (Address of principal executive o ...
EzFill Announces Preliminary Unaudited Revenues of Approximately $2.6 Million for April 2024, Up 32% From The Prior Year Period
GlobeNewswire News Room· 2024-06-20 15:00
Net Loss decreased by Approximately $0.5 Million, Down 69% From The Prior Year Period Increased Gallons Delivered by Approximately 30% from The Prior Year Period MIAMI, FL, June 20, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. ("EzFill" or the "Company") (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, announced that, based on the information and data currently available, it had its best April on record, with revenues of approximately $2.6 million, an increase of approximately 32 ...
EzFill Announces Preliminary Unaudited Revenues of Approximately $2.6 Million for April 2024, Up 32% From The Prior Year Period
Newsfilter· 2024-06-20 15:00
Gross Profits Increased by Approximately 62% Added 7 New Commercial Accounts Yehuda Levy, EzFill's Interim Chief Executive Officer, commented, "In April of 2024 we continue to achieve monthly record growth with the dedicated efforts of our team and the support of our customers. Our commitment to innovation and improving our operational efficiencies and margins has propelled us to achieve continuously better and better results. We remain steadfast in our mission to keep growing this amazing company." With th ...