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NextNRG
(NASDAQ:NXXT)
NextNRG (NXXT) vs. SPDR S&P 500 ETF (SPY)
NextNRG Business Overview & Revenue Model
NextNRG Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 49.74M | 27.77M | 23.22M | 15.04M | 7.23M | 3.59M |
| Gross Profit | 3.11M | 2.30M | 1.37M | -173.51K | 206.68K | 42.17K |
| EBITDA | -39.93M | -6.54M | -7.72M | -15.72M | -7.90M | -6.48M |
| Net Income | -55.81M | -16.19M | -10.47M | -17.51M | -9.38M | -7.25M |
Balance Sheet | ||||||
| Total Assets | 25.52M | 12.18M | 5.72M | 10.60M | 22.92M | 2.81M |
| Cash, Cash Equivalents and Short-Term Investments | 2.65M | 438.30K | 226.99K | 4.19M | 16.92M | 882.87K |
| Total Debt | 29.76M | 8.21M | 6.71M | 3.56M | 476.31K | 1.55M |
| Total Liabilities | 39.35M | 10.02M | 7.62M | 4.81M | 1.06M | 4.29M |
| Stockholders Equity | -13.64M | 2.16M | -1.91M | 5.79M | 21.87M | -1.48M |
Cash Flow | ||||||
| Free Cash Flow | -14.07M | -9.84M | -6.64M | -14.86M | -8.30M | -1.63M |
| Operating Cash Flow | -8.83M | -4.59M | -6.64M | -11.60M | -6.31M | -1.61M |
| Investing Cash Flow | -5.36M | -5.93M | 2.17M | -2.43M | -5.39M | -24.07K |
| Financing Cash Flow | 15.36M | 10.72M | 2.63M | 2.53M | 24.37M | 2.48M |
NextNRG Technical Analysis
NextNRG Risk Analysis
NextNRG Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | 2.76B | 25.28 | 3.39% | ― | 33.19% | 486.74% | |
55 Neutral | 1.71B | -35.23 | -4.52% | ― | 14.26% | 20.99% | |
54 Neutral | 503.37M | -3.23 | -160.01% | ― | -82.87% | -59.38% | |
43 Neutral | $209.70M | ― | -9999.00% | ― | 92.43% | 31.00% | |
37 Underperform | 135.43M | -7.36 | 0.00% | ― | 0.00% | 10.88% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
NextNRG Corporate Events
NextNRG has announced that its financial instruments, including Notes, Warrants, Due Diligence Notes, and Due Diligence Warrants, have not been registered under the Securities Act of 1933. These instruments were offered under an exemption from registration, with certain shares of Common Stock registered through a Prospectus Supplement.
On August 8, 2025, NextNRG Inc. entered into an Advisory Agreement with Buckingham Consultants, LLC and Michael Weisz, who will provide strategic advisory and business development services as part of the company’s Advisory Board. The agreement includes equity compensation, a monthly cash fee, and performance-based bonuses, with no cap on bonus compensation, indicating a significant potential impact on the company’s operations and stakeholder interests.
On August 7, 2025, NextNRG announced a significant milestone with a 236% year-over-year revenue growth for July 2025, reaching over $8 million in monthly revenue for the first time. This achievement marks the seventh consecutive record month, driven by market penetration and operational efficiencies, and aligns with the company’s strategy to achieve sustainable profitability. The company’s strategic initiatives, including financial restructuring and geographic expansion, position it strongly in the evolving energy services sector, with implications for increased market share and enhanced financial stability.
On July 11, 2025, NextNRG, Inc. entered into a Stock Purchase Agreement with its lender, issuing 1,081,395 restricted shares of common stock at $2.15 per share to absolve a $2,325,000 liability. This transaction was conducted privately and relied on an exemption from registration under the Securities Act. On July 15, 2025, the company also entered into a promissory note for $2,000,000 to support its working capital needs, with a fixed interest rate of 18% per annum and a maturity date of March 11, 2026. The company opted to pay $360,000 of interest through the issuance of 197,802 restricted shares, also conducted as a private transaction.
NextNRG Inc. has been involved in a series of amendments to a promissory note originally issued to Alcourt LLC on March 31, 2025, with a principal sum of $1,000,000. The note’s maturity date was initially set for April 30, 2025, but was extended multiple times through amendments that involved issuing shares of common stock to Alcourt and paying extension fees. The latest amendment, dated June 23, 2025, extends the maturity date to June 30, 2025, with an option for further monthly extensions until September 30, 2025, in exchange for additional shares.
On June 24, 2025, NextNRG announced a significant revenue growth of 148% year-over-year for May 2025, marking its best month in company history. The year-to-date revenue of approximately $28.89 million has already surpassed the total revenue for 2024, driven by operational expansion and increased demand from partners. This growth highlights the scalability of NextNRG’s business model and its strategic entry into new markets. The company continues to expand its fleet and integrate sustainable energy solutions, solidifying its position in the on-demand fueling industry and supporting the transition to electric vehicles.
NextNRG, Inc. entered into a Master Lease Agreement with Equify Financial, LLC on June 9, 2025, to lease equipment under various lease schedules. The agreement includes terms for rent payments, late charges, and indemnification clauses. On the same day, the company also entered into Equipment Lease Schedule No. 001 for a 36-month term, with a total equipment cost of $899,640. Additionally, on June 10, 2025, NextNRG executed a promissory note with Michael D. Farkas for $436,000 to support working capital, with a 12% interest rate and a maturity date of June 9, 2026, or upon a capital raise of at least $4 million.
On June 11, 2025, NextNRG announced its inclusion in the Russell 2000® and Russell 3000® Indexes, effective after market close on June 27, 2025. This inclusion is seen as a significant milestone, reflecting the company’s growth and its unique position at the intersection of efficient energy, intelligent mobility, and AI-powered infrastructure. The addition to the indexes is expected to enhance institutional engagement and long-term value creation, following strong quarterly growth and strategic advancements in key markets.