Financial Performance - FY 2024 revenue increased by 20% to $27.8 million, up from $23.2 million in FY 2023[7] - FY 2024 gross profit grew by 64% to $2.3 million, compared to $1.4 million in FY 2023[7] - Q4 2024 revenue rose by 21% to $6.9 million, compared to $5.7 million in Q4 2023[7] - Q4 2024 gross profit more than doubled to $652,000, up from $330,000 in Q4 2023[12] Operational Metrics - Gallons delivered in Q4 2024 increased to 1.8 million, up from 1.5 million in the prior-year period[12] - Average fuel margin per gallon expanded to $0.71, compared to $0.65 in Q4 2023[12] Strategic Initiatives - The company completed a $15 million public offering in February 2025 to support growth and strengthen the balance sheet[8] - NextNRG is advancing wireless EV charging solutions through exclusive technology licenses from Florida International University[8] - The company expects to provide guidance on an expanded microgrid pipeline in the next quarter[8] - NextNRG aims to scale its AI/ML-powered energy solutions through SaaS contracts and infrastructure deployment in 2025[10]

Core Viewpoint - EzFill Holdings, Inc. has announced a public offering of 5 million shares at $3.00 per share, aiming to raise $15 million, and will undergo a name change to NextNRG, Inc. following a merger with NextNRG Holding Corp. [2][3][4] Group 1: Public Offering Details - The public offering consists of 5,000,000 shares priced at $3.00 each, generating gross proceeds of $15,000,000 before expenses [2][4] - Underwriters have a 45-day option to purchase an additional 750,000 shares to cover over-allotments [2][4] - The offering is expected to close on February 18, 2025, subject to customary closing conditions [3] Group 2: Company Name Change and Trading Information - Effective February 14, 2025, EzFill will change its name to NextNRG, Inc. and will trade under the new ticker symbol "NXXT" on the Nasdaq Capital Market [3][11] - The new CUSIP number for the company will be 652941105 [3] Group 3: Use of Proceeds - The proceeds from the offering will be utilized for business expansion, repayment of outstanding debt, and general corporate purposes, including working capital [4] Group 4: Strategic Focus of NextNRG - NextNRG aims to focus on renewable energy, mobile fueling, and next-generation energy infrastructure, leveraging AI and machine learning technologies [7][10] - The strategy includes deploying Smart Microgrids to enhance energy efficiency and support decarbonization initiatives [8][9] - The company plans to integrate sustainable energy solutions into its mobile fueling operations, expanding its fleet and national footprint [10][11]

Core Insights - Yoshi Mobility is entering a strategic partnership with CALSTART to enhance mobile EV charging solutions, aiming to fill gaps in the EV charging ecosystem [1][2][3] - The collaboration leverages CALSTART's experience in clean transportation and Yoshi Mobility's innovative technologies to accelerate the deployment of EV charging solutions [2][3] - Yoshi Mobility has provided EV charging solutions to major OEMs and fleet operators, managing hundreds of light-duty vehicles that require significant energy [2][4] Company Overview - Yoshi Mobility is a tech-enabled mobility services provider that has raised over $60 million from notable investors including General Motors Ventures and Bridgestone [4] - The company offers a range of services including on-site preventative maintenance and virtual vehicle inspections for partners like Uber and Turo [2][4] - CALSTART is a nonprofit organization focused on clean transportation, managing over $500 million in vehicle incentive programs and working with 285 member companies [5] Partnership Goals - The partnership aims to develop and demonstrate cutting-edge EV charging technologies [6] - It seeks to accelerate market adoption of emerging EV charging technologies [6] - The collaboration will also focus on policy initiatives to support ongoing innovation in EV charging [6]

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]

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]

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].

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 ...

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 ...

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 ...

-- 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 ...