Core Insights - NextNRG, Inc. reported its sixth consecutive record month with a 231% year-over-year revenue growth in June 2025, indicating strong market demand for its AI-driven energy solutions [2][8] - The company is on track to achieve a $100 million revenue run-rate, bolstered by the pending acquisition of ReFuel Mobile in Canada, which is expected to close by August 1, 2025 [3][2] - NextNRG's operational efficiency and recurring revenue contracts are projected to lead to profitability in 2026, transitioning the company from a high-growth phase to a sustainable cash-generating enterprise [2] Financial Performance - June 2025 revenue reached $6.98 million, reflecting a 231% increase year-over-year and a 6% increase month-over-month [8] - Year-to-date revenue through June 2025 totaled approximately $35.87 million, a 33% increase compared to the full-year 2024 revenue of approximately $27 million [8] - The company delivered over 2.04 million gallons of fuel in June 2025, marking a 270% year-over-year increase and a 4% month-over-month increase [8] Strategic Initiatives - The acquisition of ReFuel Mobile, which has experienced a 1,166% revenue growth over three years, will enhance NextNRG's recurring revenue base and support international expansion [3] - NextNRG is expanding its fleet of fuel delivery trucks and operations across six U.S. states, with 144 active fuel delivery trucks [2][7] - The company is integrating sustainable energy solutions into its mobile fueling operations and plans to deploy its AI-powered microgrid systems and wireless EV charging products in key markets [2][6][7]

Core Insights - NextNRG, Inc. has signed a letter of intent to acquire ReFuel Mobile, a Canadian mobile fueling company, marking its entry into international markets and expanding its operations in Ontario's commercial and industrial sectors [1][2][5] - ReFuel Mobile has shown exceptional growth, ranking 36 on Globe and Mail's fastest-growing companies list with a 1,166% revenue growth over three years, and is currently profitable [3][10] - The acquisition is expected to enhance NextNRG's mobile fueling leadership and contribute to its recurring revenue base, with projected forward 12-month revenues of $100 million [5][9] Company Overview - NextNRG, Inc. specializes in AI-driven energy solutions, including smart microgrids and mobile fuel delivery, aiming to transform energy production and management [1][11] - ReFuel Mobile, founded in 2016, focuses on direct-to-vehicle and direct-to-equipment fuel delivery, serving various sectors including transportation, construction, and logistics [2][10] - The acquisition will integrate ReFuel's proprietary software platform with NextNRG's technology, enhancing operational efficiency and service delivery [5][9] Financial Performance - NextNRG reported preliminary revenue of $6.6 million for May 2025, representing a 148% year-over-year growth, marking its fifth consecutive record month [8] - Year-to-date revenue through May reached approximately $28.89 million, surpassing the full-year 2024 revenue of approximately $27 million [9] Strategic Goals - The acquisition aligns with NextNRG's strategy to scale AI-optimized energy solutions globally and expand its geographic reach [5][7] - ReFuel plans to enhance its service offerings and expand into additional regions in Ontario and Quebec, including Ottawa and Montreal [6][7]

Core Insights - NextNRG, Inc. reported strong preliminary financial results for April 2025, highlighting robust execution, sustained volume growth, and a scalable business model [1][2][3] Financial Performance - Revenue for April 2025 reached $5.82 million, representing a 154% increase year-over-year [10] - The company delivered 1.78 million gallons of fuel, marking a 207% year-over-year growth [10] Business Model and Strategy - The company emphasizes its AI-driven Utility Operating System and smart microgrid technology as key components of its strategy to enhance energy management and efficiency [5][6] - NextNRG's expansion into Oklahoma and the acquisition of Yoshi Mobility's fuel division and Shell Oil's trucks are part of its strategy to solidify its leadership in the on-demand fueling industry [2][7] Market Demand - There is growing demand from national fleet operators for NextNRG's on-demand fueling solutions, driven by the reliability, efficiency, and sustainability of its offerings [3][6] - The company aims to support fleet customers in transitioning to electric vehicles (EVs) through the integration of sustainable energy solutions and innovative wireless EV charging [7]