Mission Statement, Vision, & Core Values of EZFill Holdings Inc. (EZFL)

When a company like EZFill Holdings Inc. posts a 232% year-over-year revenue surge to $22.9 million in Q3 2025, you have to ask what core principles are driving that kind of growth in a rapidly changing energy market. Their strategic shift, which involves leveraging a mobile fueling fleet that had expanded to 139 trucks by early 2025, is a direct reflection of a vision that now includes smart microgrids and clean energy solutions. How does a mission focused on customer-centric mobile fuel delivery translate into a strategy for the broader energy transition, and are those core values strong enough to sustain a projected $100 million in 2025 revenue? Let's defintely dig into the foundational statements that are guiding this aggressive expansion and strategic pivot.

EZFill Holdings Inc. (EZFL) Overview

You want a clear picture of EZFill Holdings Inc. (EZFL), and the direct takeaway is this: the company is rapidly transforming from a mobile fuel delivery service into a broader energy solutions provider, evidenced by its massive revenue surge in 2025 and strategic pivot toward renewable technology.

EZFill Holdings Inc. was founded in 2019, starting as a Miami-based on-demand mobile fueling service. The core product is simple: fuel delivery-gasoline and diesel-directly to you, whether you are a consumer at home, a commercial fleet operator, or a specialty client with marine or construction equipment. They were one of the first to use an app-based platform, bringing the gas station to the customer. That simple convenience model is what built their initial base. To be fair, the company has been through a major strategic shift in 2025, merging with NextNRG Holding Corp. and rebranding to NextNRG, Inc. in February 2025 to reflect a new focus on smart microgrids and wireless electric vehicle (EV) charging solutions. The original mobile fueling business is now the foundation for a much larger energy transition play. It's a smart move to capture the future of energy, not just the present.

The company's growth trajectory for the 2025 fiscal year is aggressive. Following a major fleet acquisition from Shell Retail and Convenience Operations LLC, EZFill Holdings Inc. significantly bolstered its capacity. Management projected that the company would deliver upwards of 26 million gallons of fuel and generate over $100 million in revenues for the full year 2025. That's a huge leap in scale.

Record-Breaking Financial Performance in 2025

The latest financial data confirms that this expansion strategy is paying off, showing the company is scaling efficiently. In the third quarter of 2025 (Q3 2025), the company reported its strongest financial quarter in history, with revenue surging to $22.9 million. Here's the quick math: that Q3 revenue alone is nearly the entire revenue for the full year 2024, which was $27.8 million. This represents a massive year-over-year revenue increase of 232% from $6.9 million in Q3 2024. This kind of top-line growth is defintely a signal that the market is embracing the mobile fueling model.

The focus on scale also improved profitability metrics. Gross margin expanded to 11% in Q3 2025, up from 8% in the prior quarter, thanks to volume-based supplier discounts unlocked by the larger operational density. What this estimate hides, still, is the liquidity risk: the company reported a loss from operation of $9 million in Q3 2025, though the underlying operating loss (excluding non-cash stock-based compensation) improved to $3.4 million, down from $5.2 million in Q2 2025. Cash used in operations for the first nine months of 2025 was $14.1 million, so the path to sustained positive cash flow remains the key hurdle.

• Q3 2025 Revenue: $22.9 million (up 232% YoY)
• Q3 2025 Gross Margin: 11% (up from 8% in Q2 2025)
• 2025 Projected Annual Revenue: Over $100 million

EZFill Holdings Inc. as an Industry Leader

EZFill Holdings Inc. has solidified its position as one of the largest app-based mobile fueling companies in the United States. Its success comes from being the only company in the market to provide fuel delivery across three core verticals: consumer, commercial, and specialty. This diversified approach gives them a competitive moat.

The company's physical footprint grew substantially in late 2024 and early 2025, expanding its fleet to 139 trucks and establishing a presence in 6 states and 14 markets, including key US cities like Miami, Los Angeles, and Houston. This geographic expansion and fleet size are critical to achieving economies of scale. Plus, the strategic merger with NextNRG Holding Corp. positions the company at the forefront of the energy transition, integrating innovative technologies like smart microgrids and wireless EV charging with their established fueling logistics. They are not just delivering gas; they are building a sustainable energy ecosystem. To fully understand the financial implications of this transformation and why EZFill Holdings Inc. is a leading company in this evolving sector, you need to look deeper. Find out more below to understand why EZFill Holdings Inc. is successful: Breaking Down EZFill Holdings Inc. (EZFL) Financial Health: Key Insights for Investors

EZFill Holdings Inc. (EZFL) Mission Statement

You're looking at EZFill Holdings Inc. (EZFL), a company that's not just delivering gas but trying to rewrite the rules for energy distribution. Their mission statement is the critical anchor here, especially as they navigate the merger with NextNRG and a major strategic pivot toward integrated energy solutions. It's what guides their long-term goals and capital allocation, and honestly, you can't assess the stock without understanding it.

The core mission is to revolutionize fuel delivery by providing convenient, on-demand services while upholding strong values centered on customer satisfaction and environmental responsibility. This isn't just corporate fluff; it maps directly to their operational focus. For example, the Mobile Fuel Delivery segment's revenue scaled significantly, increasing 180% year-over-year to $58.8 million for the first nine months of 2025 (9M 2025), which shows clear market validation for the 'convenient, on-demand' part of the mission.

Here's the quick math: they're growing fast, but the mission also demands a focus on efficiency to survive. You can see the full picture of their financial health, including the liquidity challenges that come with this aggressive growth, in Breaking Down EZFill Holdings Inc. (EZFL) Financial Health: Key Insights for Investors.

Component 1: Customer-Centric Convenience and Service

The first pillar is all about eliminating friction for the customer. EZFill Holdings Inc. was founded to disrupt the traditional gas station model, focusing heavily on convenience, safety, and efficiency for both consumers and businesses. This is a direct promise to save you time and hassle, a core value proposition that drives their fleet and technology investments.

Their expansion is a concrete example of this commitment. By Q3 2025, the company had expanded its mobile fueling fleet to 99 trucks and entered an 11th market across the US. This scale directly translates to better service delivery times. Plus, this growth helped unlock volume-based supplier discounts, which, in turn, raised the gross margin on fuel from 8% to 11% in Q3 2025, demonstrating that better service can also mean better unit economics. That's a defintely positive trend for investors.

• Save customer time by delivering fuel directly.
• Ensure safety and efficiency in every transaction.
• Scale operations to reduce service wait times.

Component 2: Innovation and Technology Leadership

The second component is about leading the industry by setting the standard for innovation. This is where the merger with NextNRG becomes crucial, pivoting the company beyond just fuel delivery into a broader energy solutions provider. The vision is to integrate AI-driven energy solutions with their fueling technologies.

This strategic move is less about today's revenue and more about future-proofing the business. The company is actively developing technologies in smart microgrids, renewable energy integration, and wireless electric vehicle (EV) charging. While the Energy Infrastructure segment is currently pre-revenue and reported an $8.6 million net loss for the first nine months of 2025, it holds $4.7 million in intangible assets, signaling a serious investment in intellectual property for future growth. You are seeing the birth of a new business model right now.

Component 3: Environmental Responsibility and Sustainability

Finally, the mission explicitly calls for upholding values centered on environmental responsibility. This is their commitment to the energy transition, moving toward cleaner and more efficient energy solutions.

The company's focus on route optimization, driven by their technology platform, reduces the total miles driven by their fleet, which cuts down on emissions per gallon delivered. This is a practical step toward sustainability. Furthermore, their strategic pivot is positioning them to provide integrated solutions that include renewable distributed infrastructure. For instance, in Q3 2025, they signed two 28-year Power Purchase Agreements (PPAs) to supply California healthcare facilities, which creates long-term, contractual revenue visibility and supports a pipeline of over a dozen active energy projects. This shows a tangible commitment to long-term, sustainable revenue streams that align with their environmental goals.

What this estimate hides is the high capital expenditure needed to build out this new infrastructure, but the long-term PPAs offer a strong, predictable return profile once those assets are operational.

EZFill Holdings Inc. (EZFL) Vision Statement

The strategic direction for EZFill Holdings Inc. (EZFL)-now operating as NextNRG, Inc. following the February 2025 merger-is a clear pivot from a pure mobile fuel delivery service to a fully connected energy ecosystem. The vision is to bridge today's fueling needs with tomorrow's clean, intelligent infrastructure. This shift is a necessary, albeit high-risk, move to escape the thin-margin trap of the core business and position the company in the higher-growth, higher-multiple energy transition space.

Honestly, you can't look at the company's vision without acknowledging the financial paradox: rapid growth in the core business alongside a severe liquidity crisis. The vision is the long-term goal, but the near-term reality is a working capital deficit of nearly $30 million as of the nine months ended September 30, 2025. The strategy is to use the mobile fueling business as the cash-generating (or at least, market-access) engine to fund the new energy infrastructure segment, which is currently pre-revenue.

For a deeper dive into the company's foundational business, you can review EZFill Holdings Inc. (EZFL): History, Ownership, Mission, How It Works & Makes Money.

The first pillar of the vision is to dominate the on-demand mobile fueling market, which serves as the foundation for the broader energy ecosystem. The operational expansion in early 2025 was defintely aggressive, expanding the fleet to 139 trucks and securing a presence in 6 states and 14 markets. This scale is what allows them to claim a leadership position in the mobile fuel delivery space.

The numbers show the market demand is real: Mobile Fuel Delivery revenue scaled significantly, increasing 180% year-over-year to $58.8 million for the nine months ended September 30, 2025. But here's the quick math: that revenue yielded only a 7.7% gross margin. That margin is structurally insufficient to cover the ballooning General & Administrative (G&A) costs, which hit $48.2 million in the same period. Scaling operations is dramatically increasing capital consumption, not reducing it. That's a huge problem.

• Revenue is strong, but the margin is too thin.
• The company hopes to deliver upwards of 26 million gallons and produce over $100 million in revenues for the full 2025 fiscal year.
• The core business is a high-volume, low-margin operation.

The second pillar is the pivot to becoming a full-spectrum energy partner, integrating the mobile fueling service with broader energy solutions. This is the strategic rationale behind the merger with NextNRG Holding Corp. The goal is to move beyond simply delivering gasoline and diesel to fleet operators and instead offer a complete energy solution: generation, storage, distribution, and fueling.

This integrated approach is where the long-term value is supposed to be 'unlocked.' By controlling more of the energy supply chain, the company aims to improve operating efficiency and, critically, margin performance. What this estimate hides, however, is the capital intensity of the new Energy Infrastructure segment, which reported an $8.6 million net loss for the nine months of 2025 and is pre-revenue. It's a massive investment in a future that is not yet paying for itself.

The final and most ambitious pillar is the focus on clean, intelligent infrastructure, which is the 'tomorrow' part of the vision. This involves leveraging artificial intelligence (AI) and machine learning to develop smart microgrids and support clean energy initiatives. It's about transforming from a logistics company to a technology-driven energy company.

The strategic initiatives here include developing wireless charging technology for Electric Vehicles (EVs) and supplying energy to microgrids. This is where the company is positioning itself to capitalize on the energy transition. The challenge is the timeline. While traditional fuel remains important for the mobility space, the company is using highly dilutive equity financing-like the $15 million public offering in February 2025-to fund this long-term shift.

• Focus on AI-driven Smart Microgrids for energy efficiency and decarbonization.
• Developing wireless EV charging technology for future convenience.
• Positioning as a leader in sustainable energy solutions.

While a formal list of core values isn't always published, the company's communications and operations point to a few key principles. The original mobile fueling model was built on convenience, safety, and efficiency for its users. Safety protocols are critical in fuel delivery, including a dedicated 24/7 emergency response team and live safety monitoring.

Post-merger, the CEO has emphasized a commitment to disciplined execution and disciplined growth. This is a necessary caveat given the company's financial health. The acute liquidity crunch, evidenced by only $654,000 in cash on hand at the end of the third quarter of 2025, forces discipline. The sale-leaseback of 69 vehicles in Q2 2025, which generated immediate cash, shows management is aggressively monetizing core assets for survival, which is a tough but decisive action.

Finance: Draft a 13-week cash view by Friday, explicitly modeling the capital requirements for the Energy Infrastructure segment against the gross profit from Mobile Fueling.

EZFill Holdings Inc. (EZFL) Core Values

You want to understand what truly drives EZFill Holdings Inc. (EZFL) beyond the ticker. The company's dramatic strategic pivot in early 2025-merging with NextNRG Holding Corp. and rebranding to NextNRG, Inc. in February 2025-fundamentally reshaped its core principles, shifting from a pure mobile fueling service to a full-spectrum energy partner. This transition maps to four clear values that define their near-term actions and long-term vision.

The direct takeaway is that the company's values are now centered on a dual mandate: maintaining the convenience of its original mobile fueling model while aggressively pursuing the higher-margin, future-focused business of clean energy infrastructure. This strategic move is the only way to justify the company's current liquidity risk-cash at the end of Q3 2025 was roughly $650,000-by promising a higher-growth future.

Customer-Centric Convenience

This value is the foundation EZFill Holdings Inc. was built on: providing the gas station that comes to you. It's about eliminating wasted time for both consumer and commercial fleet customers. The commitment to this value is best seen in the company's aggressive fleet and market expansion in 2025. Following the acquisition of a Shell fleet in late 2024, the total fleet size expanded to 139 trucks, a massive jump from the four-truck operation it started as in Miami Beach. This expansion allows them to serve 6 states and 14 markets, including new launches in Phoenix and expanded operations in major markets like Dallas, Houston, and Austin. The goal is simple: be where the customer needs you, reliably.

• Fleet grew to 139 trucks for better service reach.
• Expanded to 14 markets across 6 states in the US.
• Projected 2025 fuel delivery of 26 million gallons.

The mobile fueling model is all about saving fleet operators time, which translates directly to cost savings of more than $3,000 per vehicle per annum, according to company estimates. That's a concrete value proposition.

Pioneering Energy Innovation

The most significant value shift for the company is its dedication to becoming a leader in the energy transition. This is the 'NextNRG' part of the story. The company is now focused on integrating renewable energy and mobile fueling, specifically utilizing Artificial Intelligence (AI) and Machine Learning (ML) to develop and deploy smart microgrids (small-scale power grids that can operate independently). This isn't just talk; it's a strategic move into long-term, contractual revenue.

The company signed two 28-year Power Purchase Agreements (PPAs) in 2025 to fully supply California healthcare facilities, establishing long-term revenue visibility. They are also advancing a planned bi-directional wireless Electric Vehicle (EV) charging demonstration, which shows a commitment to future-proofing the business. Honestly, this pivot is the only way to get to the projected 2025 revenue of over $100 million, combining the legacy fueling business with new energy infrastructure projects. For a deeper dive into the numbers behind this transition, you should read Breaking Down EZFill Holdings Inc. (EZFL) Financial Health: Key Insights for Investors.

Disciplined Operational Growth

Growth is easy; profitable growth is hard. This value is about scaling efficiently. The Q3 2025 earnings report shows that the strategy is delivering tangible results: revenue surged to $22.9 million, an increase of 232% year-over-year from Q3 2024. More importantly, operational efficiency is improving, with the gross margin expanding to 11%. That's a key inflection point.

Here's the quick math: the scale unlocked volume-based supplier discounts, which helped raise fuel margins from 8% to 11%, driving higher per-unit profitability. What this estimate hides is the continued cash burn; the year-to-date operating cash usage for the first nine months of 2025 was $14.1 million, or closer to $11 million on a normalized basis. Still, the growth trajectory is clear, and management is focused on strategic initiatives like fleet refinancing to address the liquidity challenge.

Safety and Accountability

Dealing with hazardous materials like fuel means safety is non-negotiable-it's a core responsibility. The company demonstrates this value through a rigorous, multi-layered safety protocol that goes far beyond basic compliance. Every driver is fully trained and certified to transport and dispense fuel, carrying the proper commercial driver's licenses and endorsements. The company's internal controls ensure accountability.

• Live tracking of mobile fueling trucks is maintained 24/7.
• Trucks are fitted with safety equipment, including safety spill kits.
• An automatic pump shut-off system is in place to prevent spillage.
• A dedicated 24/7 emergency responder support team is on call.

This comprehensive protocol minimizes risk, which is defintely critical for maintaining insurance and regulatory compliance across its growing operational footprint. If onboarding takes 14+ days, churn risk rises, but this focus on safety ensures that the operational side of the business remains a reliable cornerstone, even as the energy infrastructure side ramps up.