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EzFill Holdings, Inc. - EZFL STOCK NEWS

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

EzFill Holdings, Inc. (symbol: EZFL) is a cutting-edge, application-based on-demand fuel delivery company headquartered in Florida. Specializing in mobile fueling, EzFill combines the convenience of on-demand fills with subscription services that ensure customer vehicles are fueled at routine intervals. This innovative service caters to a diverse range of markets including consumer, fleet, marine, and specialty markets.

Through its easy-to-use app-based platform, EzFill brings the gas station directly to customers. The company operates a growing fleet of EzFill-branded Mobile Fueling Trucks that serve the greater South Florida area as well as other key locations such as West Palm Beach, Jacksonville, Tampa, and Orlando. Expansion plans are underway to extend their services to additional areas across Florida.

EzFill's commitment to customer convenience and operational efficiency is evident in its continuous growth and adaptation to market needs. By leveraging advanced technology, EzFill not only ensures reliable fuel delivery but also offers a seamless user experience. This service model is particularly beneficial for businesses with large vehicle fleets, marine operations, and consumers who prefer the convenience of not having to visit a gas station.

Recent achievements for EzFill include strategic partnerships and expansion into new geographical areas, which are poised to enhance their service capability and market reach. Financially, the company has shown steady growth, with key performance indicators reflecting positively on their market strategy.

For additional updates and detailed information about EzFill Holdings, Inc., please contact their Investor and Media Contact at Telx, Inc., Paula Luna, via email at Paula@Telxcomputers.com.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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EzFill Holdings, Inc. achieved a quarterly record by delivering approximately 1.58 million gallons in Q2 2023, a 20% increase from Q1 2023 and a 100% increase from Q2 2022. The increase was driven by the addition of new fleet accounts, residential and marine marketing efforts, and the launch of a condominium and homeowners association offering.
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FAQ

What is the current stock price of EzFill Holdings (EZFL)?

The current stock price of EzFill Holdings (EZFL) is $3.08 as of November 4, 2024.

What is the market cap of EzFill Holdings (EZFL)?

The market cap of EzFill Holdings (EZFL) is approximately 16.3M.

What services does EzFill Holdings, Inc. provide?

EzFill Holdings, Inc. provides on-demand and subscription-based fuel delivery services for consumers, fleets, marine, and specialty markets in Florida via an app-based platform.

How does EzFill's fueling service work?

Customers can order fuel delivery through EzFill's mobile app, which dispatches a Mobile Fueling Truck to their location to fill up their vehicles.

In which areas does EzFill operate?

EzFill operates in the greater South Florida area, including West Palm Beach, Jacksonville, Tampa, Orlando, and plans to expand to other locations in Florida.

What types of customers does EzFill serve?

EzFill serves individual consumers, businesses with vehicle fleets, marine operations, and other specialty markets requiring regular fuel delivery.

How can I contact EzFill Holdings, Inc. for investor or media inquiries?

For investor or media inquiries, contact Paula Luna at Telx, Inc. via email at Paula@Telxcomputers.com.

What are some recent achievements of EzFill?

EzFill has recently expanded its service areas and established strategic partnerships to enhance its service capabilities and market reach.

What makes EzFill's service unique?

EzFill's service is unique due to its combination of on-demand and subscription-based fueling options, delivered via a mobile app for convenience.

Is EzFill planning to expand outside of Florida?

Current information suggests that EzFill is focused on expanding within Florida, but future plans may include other regions based on market demand.

What are the benefits of using EzFill for fleet management?

EzFill simplifies fleet management by providing regular, scheduled fuel deliveries, reducing downtime and optimizing operational efficiency for businesses.

Where can I find financial results for EzFill Holdings, Inc.?

Financial results for EzFill Holdings, Inc. can be found in their press releases or by contacting their Investor and Media Contact at Telx, Inc.

EzFill Holdings, Inc.

Nasdaq:EZFL

EZFL Rankings

EZFL Stock Data

16.33M
5.87M
73.93%
1.74%
0.15%
Software - Application
Retail-auto Dealers & Gasoline Stations
Link
United States of America
MIAMI