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NextNRG Reports Preliminary July 2025 Revenue Growth of 236% Year-Over-Year
Globenewswire·2025-08-07 12:45

Core Insights - NextNRG achieved a significant milestone by exceeding $8 million in monthly revenue for the first time, marking the seventh consecutive record month [2][3] - The company reported a 236% year-over-year revenue growth, indicating strong market position and successful execution of its multi-state expansion strategy [2][8] - Financial restructuring has reduced monthly burn by $1 million, positioning the company for sustainable profitability [2] Financial Performance - July 2025 revenue reached $8.19 million, reflecting a 236% increase year-over-year and a 17% increase month-over-month [8] - Year-to-date revenue through July 2025 is approximately $44.1 million, significantly higher than the full-year 2024 revenue of approximately $27 million [8] Strategic Developments - The company is advancing deployment timelines for its Next Utility Operating System®, AI-powered microgrid systems, and wireless EV charging solutions [2] - NextNRG has formed a strategic partnership with Hudson Sustainable Group and is included in the Russell 2000® and Russell 3000® indexes [3] - The company is expanding its fleet of fuel delivery trucks and integrating sustainable energy solutions into its mobile fueling operations [7]