Company Overview
NextNRG, Inc. operates within the Utilities sector, specifically focusing on the Utilities - Renewable industry, where it engages in mobile fueling operations across the United States. The company provides on-demand and subscription-based fuel delivery services tailored to individual consumers, fleets, marine operations, and other specialty markets, while also developing and deploying wireless electric vehicle charging infrastructure. As a public entity, NextNRG, Inc. holds a market capitalization of $57.99M and generates annual revenue of $65.62M, supported by a workforce of 163 employees. These valuation and revenue figures indicate that the company operates on a relatively small scale compared to large-cap utility peers, suggesting it is an emerging player attempting to capture market share in the renewable energy and fuel delivery space.
Financial Health
The company reported revenue of $65.62M over the trailing twelve months, yet this activity resulted in a net income loss of $57,071,108 and an EBITDA of -$43,534,080. The substantial gap between the positive revenue figure and the significant negative net income reveals a highly expansive cost structure where operating expenses and losses heavily outweigh gross earnings. Despite the reported net loss, the company maintains positive financial flexibility with free cash flow of $5.15M, which suggests that operational cash generation is currently exceeding capital expenditures and working capital requirements. However, the balance sheet presents a leveraged profile with total debt of $27.00M compared to cash holdings of only $653,869, resulting in a debt-to-equity ratio that is not applicable due to the financial structure. This disparity indicates that the company is utilizing debt financing to fund operations or expansion while holding minimal liquid reserves. Liquidity constraints are further highlighted by a current ratio of 0.13, which signifies that current assets are insufficient to cover current liabilities without external financing or asset liquidation. Additionally, the return on equity is not applicable, while the return on assets stands at -224.3%, indicating that management is currently generating negative returns on the asset base employed in the business.
Valuation Assessment
Valuation metrics for NextNRG, Inc. show a trailing P/E ratio and forward P/E ratio that are both not applicable, reflecting the absence of positive earnings required to calculate these standard multiples. The price-to-book ratio is -3.27, a negative figure that indicates the market is pricing the company below its book value, a scenario often seen in unprofitable firms or those with significant accumulated losses. Alternative valuation metrics provide further context, with a price-to-sales ratio of 0.88 and an EV/EBITDA of -1.84, suggesting the market is valuing the company based on sales volume rather than profitability or earnings power. In terms of trading range, the stock has a 52-week high of $3.59 and a 52-week low of $0.41, meaning the current market price sits somewhere within this wide volatility band relative to the recent highs and lows. The beta value is -0.53, which is an unusual metric for equities that implies an inverse correlation to the broader market, suggesting the stock may move in the opposite direction of the general market index during periods of volatility.
Growth & Income
The company demonstrates robust top-line expansion with revenue growth of 227.2% year-over-year, whereas earnings growth is not applicable due to the ongoing net losses. Since earnings are not growing, the growth rate is strictly confined to revenue expansion, implying that profitability has not yet caught up with the rapid increase in sales volume. NextNRG, Inc. does not pay dividends, evidenced by a dividend yield that is not applicable and a payout ratio of 0.0%, indicating that the company reinvests all available cash flow back into the business rather than distributing income to shareholders. The overall growth and income profile characterizes NextNRG, Inc. as a high-growth, non-income-generating entity that relies entirely on capital appreciation potential rather than dividend yield or current earnings power to attract investment interest.