NextNRG Inc. Reports Impressive Revenue Growth
February Revenue Surged 139% Year-over-Year, Reaching $5.9 Million
Despite Fewer Operational Days, February Revenue Exceeds January’s Record
In a remarkable achievement, NextNRG, Inc. (NASDAQ: NXXT), a frontrunner in AI-powered energy solutions, has announced significant growth in revenue for February. This milestone illustrates the company’s ongoing momentum in the smart fueling sector, propelled by innovative technologies.
The total revenue for February 2025 reached an impressive $5.09 million, soaring from $2.1 million in February 2024, equating to a staggering 139% increase year-over-year. This remarkable growth not only highlights the effectiveness of NextNRG's strategies but also solidifies its market position.
Moreover, the company recorded approximately 1.44 million gallons of fuel delivered during the same period, an increase of 166% compared to last year. Interestingly, this revenue uptick occurred even with fewer operational days in February, showcasing exceptional performance in the face of challenges.
Leadership Insights on Growth Strategy
Michael D. Farkas, the Executive Chairman and CEO of NextNRG, shared insights regarding this growth. He stated, “Our record-setting months exemplify the strength of our expanding platform and the solid momentum we have built through strategic growth initiatives. The successful integration of Shell Oil’s fleet into our operations, combined with our long-term agreement with a prominent global e-commerce partner, has resulted in tangible growth.”
Farkas emphasized that the rising demand from fleet partners exemplifies NextNRG's innovative model and vision for the future of energy delivery. He noted that with EzFill’s efficient on-demand fueling services and NextNRG’s advanced energy solutions, the company is well-positioned to redefine energy delivery in an increasingly connected and AI-driven landscape.
About NextNRG: Pioneering Energy Solutions
NextNRG is at the forefront of transforming energy production and management through cutting-edge technology. The company is Powering What’s Next by incorporating AI and machine learning into various renewable energy sectors. This includes state-of-the-art energy infrastructure, battery storage, wireless electric vehicle (EV) charging, and mobile fuel delivery solutions to cultivate a holistic energy ecosystem.
Central to NextNRG’s strategy is its innovative Utility Operating System, which optimizes energy management, enhancing operational efficiency for existing utilities. The deployment of Smart Microgrids further amplifies its impact, utilizing AI-driven energy management alongside renewable sources like solar power and battery technology to boost energy efficiency and bolster grid resilience.
Future Directions and Sustainability Initiatives
NextNRG is consistently broadening its fleet of fuel delivery trucks, further enhancing its national reach. The acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks has been pivotal in cementing its status as a leader within the on-demand fueling market. Not only is the company expanding its footprint, but it is also integrating sustainable energy initiatives into its mobile fueling operations.
A pivotal aspect of NextNRG’s approach is its commitment to assisting fleet customers in transitioning to electric vehicles. This goal aligns with their vision of promoting efficient fuel delivery while supporting the adoption of clean energy practices, with the introduction of wireless EV charging solutions being a critical part of this transition.
Contact Information
To learn more about NextNRG and its advancements in energy solutions, please visit www.nextnrg.com
Investor Relations Contact:
Sharon Cohen
SCohen@nextnrg.com
Frequently Asked Questions
1. What is the revenue growth percentage for NextNRG in February?
NextNRG reported a revenue increase of 139% year-over-year for February.
2. How many gallons of fuel did NextNRG deliver in February?
The company delivered approximately 1.44 million gallons of fuel during February 2025.
3. Who is the CEO of NextNRG?
The current CEO of NextNRG is Michael D. Farkas.
4. How is NextNRG contributing to the transition to electric vehicles?
NextNRG is supporting fleet customers in their transition to electric vehicles through sustainable energy solutions and wireless EV charging technologies.
5. Where can I find more information about NextNRG?
For further details about NextNRG, visit their official website at www.nextnrg.com.
