earnings
confidence high
sentiment negative
materiality 0.70
EzFill FY2022 revenue up 108% to $15.0M, net loss widens to $17.5M
NEXTNRG, INC.
- Revenue $4.9M in Q4 (+143% YoY); full-year revenue $15.0M vs $7.2M.
- Net loss FY2022 $(17.5)M vs $(9.3)M; includes impairment charges on goodwill and intangibles.
- Added over 100 new fleet accounts in 2022; fleet trucks grew from 12 to 40.
- Cash position $4.2M at Dec 31, 2022, down from $16.9M; outstanding borrowings $1.0M.
- Adjusted EBITDA loss $(11.4)M vs $(5.8)M; Q4 adjusted EBITDA loss $(2.6)M improved slightly.