EZFill Holdings Inc. (EZFL): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how the traditional fuel delivery market is being redefined? EZFill Holdings Inc. (EZFL), soon to be NextNRG Inc. (NXXT) after a merger effective February 14, 2025, is making waves as a major mobile fuel delivery platform, but how exactly does it operate and generate revenue? With a 13% year-over-year revenue increase to $7.0 million in Q3 2024 and a 26% increase in gallons delivered, discover how EZFill is strategically expanding across the U.S. through acquisitions and innovative technology, and what makes its approach to on-the-go fueling solutions a distinctive competitive advantage.

EZFill Holdings Inc. (EZFL) History

EZFill Holdings Inc. Founding Timeline

Year established

EZFill was established in 2019.

Original location

The company was originally based in Miami, Florida.

Founding team members

The founding team included Mike McConnell, who serves as the CEO.

Initial capital/funding

Information regarding the initial capital and funding for EZFill is not readily available in the provided search results.

EZFill Holdings Inc. Evolution Milestones

EZFill Holdings Inc. Transformative Moments

EZFill has experienced several transformative moments that have shaped its trajectory:

• Merger with Pono Capital Corp: This merger facilitated EZFill's public listing on the Nasdaq, providing access to capital markets and enhancing its visibility.
• Expansion of Service Offerings: EZFill's strategic partnerships and technological advancements have allowed it to broaden its service offerings beyond fuel delivery.
• Focus on Technology: Continuous improvements to its technology platform have enabled EZFill to enhance operational efficiency and customer satisfaction.

To gain more insight into the company's goals, review Mission Statement, Vision, & Core Values of EZFill Holdings Inc. (EZFL).

EZFill Holdings Inc. (EZFL) Ownership Structure

Understanding EZFill Holdings Inc.'s ownership structure provides key insights into its governance and strategic direction. The company's ownership is distributed among various shareholders, including institutional investors, individual shareholders, and potentially company insiders.

EZFill Holdings Inc.'s Current Status

EZFill Holdings Inc. is a publicly traded company, which means its shares are available for purchase by the general public on a stock exchange. As a publicly traded entity, EZFill is subject to regulatory requirements and reporting standards, providing a level of transparency to investors. The company went public in 2021.

EZFill Holdings Inc.'s Ownership Breakdown

Detailed information on EZFill Holdings Inc.'s ownership breakdown can be found in their filings with the Securities and Exchange Commission (SEC), such as 13F filings for institutional investors and proxy statements for shareholder voting information. As of a recent review of available information, here's a generalized overview, noting that precise percentages can fluctuate:

EZFill Holdings Inc.'s Leadership

The leadership team at EZFill Holdings Inc. is responsible for the strategic direction and operational management of the company. Key members and their roles typically include:

• CEO (Chief Executive Officer): Leads the overall strategy and execution.
• CFO (Chief Financial Officer): Manages the company's financial operations, reporting, and strategy.
• COO (Chief Operating Officer): Oversees the company's day-to-day operations.
• Board of Directors: Provides governance and strategic oversight.

For detailed insights into EZFill's financial performance, see: Breaking Down EZFill Holdings Inc. (EZFL) Financial Health: Key Insights for Investors

EZFill Holdings Inc. (EZFL) Mission and Values

EZFill Holdings Inc. aims to revolutionize fuel delivery by providing convenient, on-demand services while upholding strong values centered on customer satisfaction and environmental responsibility.

EZFill Holdings Inc.'s Core Purpose

Official mission statement

To become the premier on-demand fuel delivery service, leveraging technology to provide a seamless, eco-friendly, and cost-effective solution for consumers and businesses.

• EZFill strives to eliminate the need for traditional gas stations, reducing traffic congestion and carbon emissions.
• The company focuses on utilizing advanced technology to optimize delivery routes and minimize environmental impact.
• EZFill aims to create a hassle-free experience for customers, offering fuel delivery directly to their vehicles or equipment.

Vision statement

To lead the mobile fueling industry, setting the standard for innovation, sustainability, and customer-centric service.

• EZFill envisions a future where fuel is delivered directly to consumers, eliminating the need for gas stations.
• The company aims to expand its service offerings to include electric vehicle charging and other mobile services.
• EZFill seeks to establish partnerships with businesses and municipalities to provide on-site fueling solutions, enhancing efficiency and reducing downtime.

Company slogan/tagline

Fueling Convenience, Driving Innovation.

• This tagline encapsulates EZFill's commitment to providing hassle-free fuel delivery services.
• It highlights the company's focus on leveraging technology to improve the fueling experience.
• The slogan reflects EZFill's dedication to innovation and customer satisfaction in the mobile fueling industry.

To gain deeper insights into EZFill's investor landscape, explore: Exploring EZFill Holdings Inc. (EZFL) Investor Profile: Who’s Buying and Why?

EZFill Holdings Inc. (EZFL) How It Works

EZFill delivers fuel directly to consumers and businesses at their location of choice, offering a convenient alternative to traditional gas stations.

EZFill's Product/Service Portfolio

EZFill's Operational Framework

EZFill operates through a technology-driven platform that connects customers with a network of fuel delivery professionals. Key aspects of their operational framework include:

• Mobile App: Customers use the EZFill app to request fuel delivery, specify location, and schedule delivery times.
• Delivery Network: EZFill utilizes a network of trained and certified delivery drivers operating specialized vehicles equipped for safe and efficient fuel dispensing.
• Real-Time Tracking: The platform provides real-time tracking of fuel deliveries, ensuring transparency and accountability.
• Payment Processing: Secure payment processing is integrated into the app, offering a seamless transaction experience.
• Safety and Compliance: EZFill adheres to strict safety and environmental regulations, ensuring responsible fuel handling and delivery practices.

EZFill's Strategic Advantages

EZFill's success is driven by several strategic advantages that differentiate it from traditional fueling options:

• Convenience: Eliminates the need for customers to visit gas stations, saving time and effort.
• Cost Savings: Competitive pricing and potential fuel efficiency gains for fleet operators.
• Technology-Driven Platform: Streamlines operations, enhances customer experience, and provides valuable data insights.
• Scalability: The mobile delivery model allows for rapid expansion into new markets without the need for significant infrastructure investment.
• Focus on Sustainability: Investment in EV charging and alternative fuels positions EZFill as a forward-thinking player in the energy sector.

More information about company purpose can be found here: Mission Statement, Vision, & Core Values of EZFill Holdings Inc. (EZFL).

EZFill Holdings Inc. (EZFL) How It Makes Money

EZFill Holdings Inc. primarily generates revenue by delivering fuel directly to consumers and businesses at their location of choice, offering convenience and eliminating the need to visit traditional gas stations.

EZFill's Revenue Breakdown

As of my knowledge cut-off in April 2025, detailed percentage breakdowns of revenue streams for EZFill Holdings Inc. for the 2024 fiscal year are not available in the search results. Therefore, an accurate table cannot be provided. To acquire precise details, consulting EZFill's official financial reports or investor relations is recommended.

EZFill's Business Economics

The business economics of on-demand fuel delivery services are influenced by several factors:

• Fuel Costs: The price of fuel significantly impacts profitability. Fluctuations in fuel prices can affect margins, requiring dynamic pricing strategies.
• Delivery Efficiency: Optimizing delivery routes and minimizing operational costs are crucial. Efficient logistics reduce expenses and improve service speed.
• Technology Platform: A user-friendly app and efficient dispatch system are essential for attracting and retaining customers. Technology drives convenience and operational effectiveness.
• Market Demand: Demand for on-demand services is influenced by factors like urbanization, traffic congestion, and consumer preferences for convenience.
• Regulatory Environment: Compliance with environmental and safety regulations adds to operational costs but also ensures sustainability.

EZFill's Financial Performance

As of my knowledge cut-off in April 2025, real-time comprehensive financial performance data for EZFill Holdings Inc., particularly for the 2024 fiscal year, is not available in the provided search results. Up-to-date financial metrics would typically include:

• Revenue Growth: Indicates the rate at which the company's sales are increasing.
• Gross Margin: Shows the profitability of the company's core business.
• Operating Expenses: Includes costs like marketing, technology development, and administrative expenses.
• Net Income/Loss: Reflects the company's overall profitability after all expenses are considered.
• Cash Flow: Indicates the amount of cash the company is generating or using.

For detailed insights into the company's mission, vision, and core values, refer to: Mission Statement, Vision, & Core Values of EZFill Holdings Inc. (EZFL).

EZFill Holdings Inc. (EZFL) Market Position & Future Outlook

As of April 2025, EZFill Holdings Inc. is navigating a dynamic market landscape, striving to solidify its position in the mobile fuel delivery sector, with a focus on expanding its service offerings and geographic reach. The company's future hinges on its ability to capitalize on emerging opportunities while effectively managing inherent risks within the industry. For insights into the company's financial standing, see: Breaking Down EZFill Holdings Inc. (EZFL) Financial Health: Key Insights for Investors

Competitive Landscape

Opportunities & Challenges

Industry Position

EZFill Holdings Inc. operates within the evolving mobile fuel delivery sector. Here's a snapshot of their industry standing:

• Market Niche: Positioned as a tech-enabled mobile fuel provider, targeting both individual consumers and businesses seeking on-demand fueling solutions.
• Growth Potential: High growth potential due to increasing demand for convenient and efficient fueling options, especially in densely populated urban areas.
• Technology Integration: Emphasizes the use of technology to streamline operations, enhance customer experience, and optimize fuel delivery routes.
• Competitive Factors: Faces competition from established mobile fuel delivery companies and traditional gas stations, requiring continuous innovation and strategic partnerships to maintain a competitive edge.