NextNRG Inc. Reports 147% Increase in Q1 2025 Revenues to $16.3M, Gross Profit Rises to $518K

Reuters
22 May
<a href="https://laohu8.com/S/NXXT">NextNRG Inc.</a> Reports 147% Increase in Q1 2025 Revenues to $16.<a href="https://laohu8.com/S/MMM">3M</a>, Gross Profit Rises to $518K

NextNRG Inc. has reported substantial growth in its financial results for the first quarter of 2025. The company achieved revenues of $16.3 million, marking a significant increase of 147% compared to $6.6 million in the same period of 2024. Gross profit also rose to $518,000 from $462,000 year-over-year. The company credits its triple-digit revenue growth to its execution on an integrated energy infrastructure strategy, which includes advancements in smart microgrid deployments and wireless EV charging programs. These initiatives are progressing towards commercial launch as part of NextNRG's vision to build a sustainable energy ecosystem. NextNRG ended the quarter with $2.1 million in cash, representing a 31% increase from the previous year. The company continues to focus on expanding its integrated platform through utility operating systems, smart microgrids, wireless EV charging, and mobile energy logistics, positioning itself for future growth and development in the AI-driven energy sector.

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