Ezfill Holdings Inc Stock Price, News & Analysis

EzFill Holdings announces significant operational progress as it adds over 10 new fleet accounts in November, totaling over 85 accounts for 2022. The company also secured a renewal of a $4 million credit line with Ford Motor Credit, aiding its truck purchases. Furthermore, EzFill received a Nasdaq listing extension until May 15, 2023, to meet the $1.00 minimum bid price requirement. CEO Mike McConnell highlighted the growing recognition of EzFill as a fuel delivery service provider among Florida businesses.

EzFill Holdings, Inc. (NASDAQ: EZFL) reported a 120% increase in revenue, reaching $4.09 million for Q3 2022, up from $1.86 million a year prior. The company achieved nearly 1 million gallons delivered and expanded operations to Jacksonville. Despite strong revenue growth, EzFill recorded a net loss of $4.08 million, widening from $2.37 million in Q3 2021. Adjusted EBITDA losses increased to $(3.32 million) from $(1.22 million). Margin per gallon improved to $0.43, reflecting an increase in fleet customers.

EzFill Holdings (NASDAQ: EZFL), a leader in the mobile fuel industry, announced that CEO Mike McConnell will present at the Sidoti Investor Conference on November 9, 2022, at 10:45 AM ET. The presentation will be available live online and will include opportunities for investors to engage in one-on-one meetings. As the only company offering fuel delivery across consumer, commercial, and specialty sectors, EzFill aims to meet the growing demand for convenient fueling services amid a decline in gas station numbers.

EzFill Holdings (NASDAQ: EZFL), a leader in mobile fueling, will release its Q3 2022 financial results on November 8, 2022, before market opening. A conference call is scheduled for 10:00 a.m. ET the same day to discuss these results. EzFill aims to disrupt traditional gas station models by providing safe and convenient fuel delivery services across consumer, commercial, and specialty sectors. The company is well-positioned in the growing mobile fueling industry amidst a declining number of gas stations in the U.S.

EzFill Holdings (NASDAQ: EZFL), a leader in the mobile fuel industry, has announced that CEO Mike McConnell will present at the ThinkEquity Investor Conference in New York on October 26, 2022. The event will showcase over 70 small cap companies, and McConnell's presentation is scheduled for 1:00 PM ET. Investors can also arrange 1-1 meetings with the management team throughout the day. EzFill offers innovative fuel delivery services in consumer, commercial, and specialty markets, positioning itself to meet the growing demand for convenient fueling options.

EzFill Holdings (NASDAQ: EZFL) announced a significant milestone in Q3 2022, delivering approximately 1 million gallons of fuel, marking a 25% increase from Q2 2022 and over 60% year-over-year. The company is aiding in recovery efforts post-Hurricane Ian by supplying fuel to first responders in the Fort Myers area. EzFill aims to capitalize on the growing mobile fuel market, positioning itself as a leader by offering services to consumers and businesses alike.

EzFill Holdings (NASDAQ: EZFL) has announced a reduction in motor fuel taxes by 23.5 cents per gallon for October 2022, benefiting customers under the Florida Motor Fuel Tax Relief Act. The company emphasized its Storm Readiness Program, which prioritizes fuel deliveries to subscription customers following storm events. CEO Mike McConnell highlighted the program's importance after Hurricane Ian, ensuring reliable fuel supply despite local gas station outages. EzFill aims to capture the growing demand for on-demand mobile fueling, positioning itself favorably in a declining gas station market.

EzFill Holdings (NASDAQ: EZFL) announced its expansion into Jacksonville, Florida, marking the fifth major market entry in the state since its IPO last September. Jacksonville is the most populous city in Florida, with a population of 1.3 million, making it a strategic location for EzFill's mobile fueling services. The company aims to capitalize on Florida's daily gasoline consumption of over 20 million gallons and the decline of traditional gas stations, positioning itself as a leader in on-demand fueling across consumer, commercial, and specialty segments.

EzFill Holdings has announced that CEO Michael McConnell will present at the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022, in New York City. McConnell's presentation is scheduled for September 12 at 2:30 PM. The event will offer both in-person and virtual participation options, making it accessible to a broader range of investors. EzFill continues to lead the mobile fuel industry, emphasizing convenience and safety in their service delivery.