| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 271002.64 | 29278491 |
| Intrinsic value (DCF) | 35807.00 | 3868418 |
| Graham-Dodd Method | n/a | |
| Graham Formula | n/a |
NextNRG Inc. (NASDAQ: NXXT) is a Miami-based mobile fueling company specializing in on-demand fuel delivery services for consumer, fleet, marine, and specialty markets. Operating primarily in Florida, NextNRG leverages a tech-driven platform to provide convenient, efficient fueling solutions, reducing downtime for fleet operators and enhancing accessibility for marine and niche markets. Positioned in the Renewable Utilities sector, the company taps into the growing demand for flexible energy distribution amid rising fuel costs and logistical challenges. Despite its early-stage status (founded in 2019), NextNRG aims to disrupt traditional fueling models with its asset-light, scalable approach. With a market cap of ~$359M, the company targets expansion in underserved regions, though its financials reflect the capital-intensive nature of its growth phase. NextNRG’s model aligns with broader trends in energy logistics, including digitalization and sustainability, though it currently focuses on conventional fuels rather than renewables.
NextNRG presents a high-risk, high-reward proposition. Its mobile fueling model addresses inefficiencies in traditional refueling, particularly for fleets and marine clients, with potential scalability. However, the company’s negative net income (-$16.2M in FY2024) and operating cash flow (-$4.6M) underscore its unprofitability and reliance on further funding. The capital-intensive nature of expansion, coupled with a debt load of $8.2M against modest cash reserves ($0.4M), raises liquidity concerns. A negative beta (-0.59) suggests low correlation to broader markets, possibly appealing to diversification-seeking investors, but also reflects operational volatility. With no dividends and a diluted EPS of -$2.66, the stock is speculative, suited for investors bullish on disruptive energy logistics models and willing to tolerate near-term losses. Success hinges on execution, market penetration, and potential pivots to renewable fuels.
NextNRG’s competitive advantage lies in its niche focus on mobile fueling, bypassing fixed infrastructure costs and offering convenience to time-sensitive clients like fleets and marine operators. Its asset-light model allows flexibility in scaling operations, though reliance on third-party logistics partners introduces execution risks. The company’s Florida-centric operations limit geographic diversification but provide a concentrated market to refine its platform. Competitively, NextNRG faces pressure from established fuel distributors with broader networks (e.g., Sunoco, Chevron) and tech-driven peers like Booster and Yoshi, which offer similar on-demand services with stronger brand recognition and funding. NextNRG’s lack of renewable fuel integration contrasts with competitors pivoting to EV charging or biofuels, potentially limiting long-term relevance in a decarbonizing market. Its small scale (~$27.8M revenue) restricts bargaining power with suppliers, while negative margins highlight pricing pressures. Differentiation through proprietary tech or exclusive partnerships could enhance moat, but current financials suggest vulnerability to larger players entering the mobile fueling space.