Filing Flows › Nextnrg (NXXT) › Q4 2024
Nextnrg (NXXT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
Nextnrg (NXXT) reported revenue of $6.8M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -3% from the quarter before. Operating margin was -107.0%, net loss $2.6M (37.6% of revenue).
Nextnrg, Q4 2024: revenue $6.8M (+19% year over year), operating margin -107.0%, net loss $2.6M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8M | -3% | +19% |
| Operating profit | −$7.3M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $6.8M in Q4 2024, up 19% year over year and down 3% from the previous quarter. Fuel was the largest line at 95% of revenue.
Operating costs exceeded revenue by $7.3M, an operating margin of -107.0%. Total costs grew 73% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+171%). The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $10.6M loss. Non-operating items added $4.7M, -184% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.8M. Non-cash charges added back $735K of depreciation and amortization. Working capital and other items used $1.0M.
Questions
What was Nextnrg's revenue in the fourth quarter 2024?
Nextnrg (NXXT) reported revenue of $6.8M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -3% from the quarter before.
Was Nextnrg profitable in the fourth quarter 2024?
Operating loss was $7.3M (-107.0% of revenue) and net loss $2.6M.
Source: Nextnrg 10-K on SEC EDGAR.