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EzFill Holdings, Inc. - EZFL STOCK NEWS

Welcome to our dedicated news page for EzFill Holdings (Ticker: EZFL), a resource for investors and traders seeking the latest updates and insights on EzFill Holdings .

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EzFill Holdings 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EzFill Holdings 's position in the market.

Rhea-AI Summary
EzFill Holdings, Inc. (NASDAQ: EZFL) reports impressive financial results for 2023, showcasing a 54% revenue increase to $23.2 million, a gross profit of $1.3 million, a 63% rise in gallons delivered, and a 44% increase in fuel margin per gallon. The net loss decreased by 40% to $10.5 million. The company added 148 new fleet accounts in 2023, aiming for continued growth and enhanced technology offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.76%
Tags
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Rhea-AI Summary
EzFill Holdings, Inc. expands its business in Tampa and Orlando markets by signing fuel delivery agreements with two new fleet customers, Millwork Sales and Batesville. The new customers are expected to contribute approximately 175,000 gallons per year and $752,000 in revenues per year. EzFill's CEO attributes this growth to the team's efforts and resilience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
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none
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Rhea-AI Summary
EzFill Holdings, Inc. expands its services with current customer L&W Supply and signs fuel delivery agreements with luxury appliance company Fuse Specialty Appliance and crane inspection company GFC Crane Consultants. The new partnerships are expected to generate approximately 157,000 gallons per year and $672,000 in revenues per year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.43%
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none
Rhea-AI Summary
EzFill Holdings, Inc. continues its partnership with South Florida Motorsports for the Formula 1 Crypto.com Miami Grand Prix 2024, providing mobile fuel services for the build-out and operations. The event, which drew over 270,000 spectators in 2023, is scheduled for May 3-5, 2024, at the Hard Rock Stadium complex in Miami Gardens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
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none
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Rhea-AI Summary
EzFill Holdings, Inc. expands its fueling services with current customer ABC Supply to provide fueling in 4 cities. The company signs a fuel delivery agreement with a new fleet customer, American Portable Air, in Miami. The expansion is expected to add 166,000 gallons per year and approximately $708,000 in revenues per year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.69%
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none
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Rhea-AI Summary
EzFill Holdings, Inc. secures exclusive mobile fueling provider status for three Miami condo associations, reaching approximately 638 units. The company's CEO praises the sales team's efforts and highlights the efficiency of servicing multiple customers in one location. The EzFill Condo Program simplifies fueling for residents with a user-friendly online registration process and designated service zones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.18%
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none
Rhea-AI Summary
EzFill Holdings, Inc. launches new features for its consumer application, including a Fleet Fueling customer portal, automation tools, and seamless fuel procurement processes. The system has been adopted by leading construction equipment rental companies, enhancing operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.21%
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none
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Rhea-AI Summary
EzFill Holdings, Inc. expects to report FY2023 revenues of approximately $23 million, a 54% increase from the prior year, with a gross profit of approximately $1.5 million, up $1.7 million. The company added 88 new fleet accounts and increased fuel margins to $0.65 per gallon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.39%
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none
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Rhea-AI Summary
EzFill Holdings, Inc. (NASDAQ: EZFL) reported a 51% year-over-year revenue increase to $6.2 million, with a 49% increase in gallons delivered and a 58% decrease in net loss. The company added 25 new commercial customers, achieving another quarterly record for revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.21%
Tags
Rhea-AI Summary
EzFill Holdings, Inc. reports Q2 2023 financial results. Revenue increased 63% YoY to $6.1M from $3.8M. Net loss narrows by $1.4M or $0.47 per share. 1.6M gallons delivered, up 102% from prior year. 20 new fleet customers added in the quarter. Average fuel margin per gallon increased by $0.13 to $0.60. Operating expenses decreased to $2.4M from $3.4M. Net loss in Q2 2023 was $(2.5)M compared to $(3.9)M in Q2 2022. Adjusted EBITDA loss improved to $(1.5)M from $(3.0)M. Cash position at $1.4M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.78%
Tags
EzFill Holdings, Inc.

Nasdaq:EZFL

EZFL Rankings

EZFL Stock Data

11.36M
2.16M
56.69%
10.19%
3.73%
Pipeline Transportation of Crude Oil
Transportation and Warehousing
Link
United States of America
MIAMI