Ezfill Holdings Inc Stock Price, News & Analysis

EzFill Holdings (NASDAQ:EZFL) announced CEO Michael McConnell will present at the 148th National Investment Banking Association (NIBA) conference on September 8, 2022, at the Margaritaville Hollywood Beach Resort, FL. The company, a leader in the mobile fuel industry, aims to disrupt traditional gas stations by offering on-demand fueling services for both consumers and businesses. This presentation will be followed by one-on-one investor meetings. The NIBA has been instrumental in raising over $30 billion for small-cap investments.

EzFill Holdings, Inc. (NASDAQ: EZFL) has expanded its operations in Tampa Bay, targeting growth in the mobile fuel market. This region, home to nearly 3.2 million people, presents significant opportunity for EzFill’s services across commercial fleets, marine, and direct consumer sales. The company reports securing over 11 fleet customers, with an estimated fuel consumption of 600,000 gallons annually from 160 commercial vehicles. EzFill plans further expansion within Florida and beyond, aiming to capture the increasing demand for mobile fueling services.

EzFill Holdings, Inc. (NASDAQ: EZFL) reported a remarkable 103% increase in revenue for the second quarter of 2022, reaching $3.76 million compared to $1.85 million in Q2 2021. This growth was driven by a 30% rise in gallons delivered, totaling 789,970 gallons. Average margin per gallon increased to $0.49, up from $0.37 year-over-year. Despite these gains, the company faced a net loss of $(3.87 million) and an adjusted EBITDA loss of $(3.01 million). The firm also expanded its operations to new markets including West Palm Beach, Tampa, and Orlando.

EzFill Holdings (NASDAQ: EZFL) will disclose its Q2 2022 financial results on August 11, 2022, after market close. A conference call is scheduled for the same day at 5:00 p.m. ET to discuss the results. EzFill, a leader in the mobile fueling industry, aims to revolutionize gas station models by providing on-demand fueling services directly to consumers and businesses. Interested participants can join via phone or a live webcast. A replay will be available until August 22, 2022.

EzFill Holdings (NASDAQ: EZFL) will announce its 2022 second quarter financial results on August 11, 2022, post market close. A conference call is scheduled for the same day at 5:00 p.m. ET to discuss the results. EzFill, a leader in the mobile fueling industry with the largest market share in Florida, aims to revolutionize fueling services by providing on-demand delivery to customers. Interested parties are encouraged to participate and can access the live webcast from the company’s website.

EzFill Holdings, a mobile fuel industry leader, has expanded its fleet to 31 delivery vehicles with another 9 in production, aiming for approximately 40 by the end of July. Despite economic challenges, the company signed around 40 new fleet accounts since January, potentially growing volume by 1.2 million gallons annually. EzFill is also increasing operations in West Palm Beach, Tampa Bay, and Orlando, with a new brand awareness campaign ‘Orange Dawn’. The company is well-positioned in the growing mobile fueling sector, appealing to commercial and specialty markets.

EzFill Holdings (NASDAQ: EZFL) launches its Emergency Fuel Services program in Florida, providing on-demand fuel delivery during hurricanes and severe weather. For $9.99/month, subscribers can use the EzFill App to schedule fuel deliveries without leaving home. The program aims to alleviate long gas station lines during emergencies. Additionally, EzFill introduces the Generator Guarantee Program for uninterrupted power at critical locations and Fuel Pop Up Gas Stations for easy access to fuel during emergencies.

EzFill Holdings, Inc. (NASDAQ: EZFL) has announced that CEO Mike McConnell will present at H.C. Wainwright & Co.’s Annual Global Investment Conference from May 23-26, 2022. The virtual presentation will be available starting May 24 at 7:00 a.m. ET. The event includes over 450 company presentations and offers opportunities for 1x1 meetings. EzFill is a leader in the mobile fuel industry, focusing on providing convenient, touch-free fueling services directly to consumers and businesses. The webcast will be archived on their website for 90 days post-event.

EzFill Holdings reported a 54% increase in revenue for Q1 2022, totaling $2.3 million, up from $1.5 million year-over-year. The company achieved an average margin of $0.47 per gallon, surpassing $0.36 in Q1 2021. Despite growth, EzFill experienced a net loss of $(3.3 million), compared to $(1.3 million) in the prior year. They had a solid cash position of $13.9 million. Key operational highlights included the acquisition of Full Service Fueling, new fleet agreements, and a strengthened marketing strategy.