earnings
confidence high
sentiment negative
materiality 0.65
EzFill Q3 revenue up 120% to $4.09M, net loss widens to $4.08M
NEXTNRG, INC.
2023-Q3 EPS reported
-$3.40
revenue$10,185,902
- Revenue of $4.09M vs $1.86M in Q3 2021, driven by 71% increase in gallons delivered to 994,447.
- Net loss of $4.08M ($2.37M in prior year), adjusted EBITDA loss of $3.32M ($1.22M).
- Average margin per gallon rose 16% to $0.43; added 25+ new fleet customers in Q3.
- Cash $7.0M at Sept 30; no long-term debt and $1.0M drawn on line of credit.
- Expanded operations to Jacksonville; assisted Hurricane Ian recovery in Fort Myers.