NEXTNRG, INC. (NXXT) FY2024 10-K Annual Report

Filed: Mar 27, 2025
Consumer Discretionary
Retail-Auto Dealers & Gasoline StationsSEC EDGAR

NEXTNRG, INC. (NXXT) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Mar 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NEXTNRG, INC. FY2024 10-K Analysis

Business Overview

  • Core business: AI/ML-powered smart microgrids integrating renewable energy, battery storage, EV wireless charging, and mobile fuel delivery
  • New emphasis on deploying wireless EV charging solutions with patented static and dynamic charging technology, including bidirectional vehicle-to-grid capability
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Management Discussion & Analysis

  • No revenue figures or YoY changes disclosed in MD&A section provided
  • No profitability or margin percentages disclosed for fiscal year 2025
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Risk Factors

  • Regulatory risk from Florida Fire Prevention Code Section 42.12 with lack of designated Authority Having Jurisdiction for mobile fueling in Miami-Dade County
  • Geopolitical exposure to Israel war and Ukraine invasion causing volatile product demand and limiting fuel supply, impacting pricing and availability
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NEXTNRG, INC. FY2024 Key Financial Metrics
XBRL

Revenue

$28M

+19.6% YoY

Net Income

-$16M

-54.6% YoY

Operating Margin

-26.2%

+1179bp YoY

Net Margin

-58.3%

-1319bp YoY

ROE

-751.0%

-130039bp YoY

Total Assets

$12M

+113.0% YoY

EPS (Diluted)

$-4.66

-67.0% YoY

Operating Cash Flow

-$5M

+31.0% YoY

Source: XBRL data from NEXTNRG, INC. FY2024 10-K filing on SEC EDGAR. All figures in USD.

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