NextNRG (NXXT) investor relations material

Executive summary

• Revenue grew 195% year-over-year to $81.8 million in 2025, driven by mobile fuel delivery, fleet integration, acquisitions, and expansion into new markets.

• Seven consecutive months of record revenue, with Q4 revenue at $23 million and December up 253% year-over-year.

• Signed first long-term energy infrastructure contracts, combining on-site generation, battery storage, and intelligent energy management.

• Expansion into four new major markets and coast-to-coast operations following merger and acquisitions.

Financial highlights

• Gross profit reached $6.9 million, nearly quadrupling from $1.8 million in 2024, with gross margin improving to 10.4% in Q4 and 8.4% for the full year.

• GAAP net loss was $88.2 million, primarily due to non-cash items including $42.6 million in stock-based compensation.

• Adjusted EBITDA loss was $17.1 million, compared to $8.9 million in 2024.

• Net cash used in operating activities was $16.7 million.

• Non-cash impairment charge of $8.5 million and interest expense of $17.3 million, including $9.6 million in non-cash amortization, impacted results.

Outlook and guidance

• Focus on scaling gross profit in fueling and closing energy infrastructure contracts to improve cash position.

• Plan to reduce reliance on high-cost, short-term debt by growing operating cash flow and securing project-level financing.

• Energy infrastructure contracts expected to deliver higher margins and transform the financial profile.

• Management expects continued operational improvement and long-term growth, leveraging the operational foundation established in 2025.

• Active pipeline of smart microgrid opportunities across multiple sectors positions the company for future contracted revenue.