MIAMI - EzFill Holdings, Inc. (NASDAQ: EZFL), a mobile fuel industry leader, has announced new agreements to provide fuel delivery services to two Miami-based companies, Fuse Specialty Appliance and GFC Crane Consultants. Moreover, the company is expanding its existing service with L&W Supply to include the Rockledge location.
Yehuda Levy, EzFill’s Interim CEO, stated that these new agreements and the expansion with L&W Supply are expected to increase annual fuel delivery by approximately 157,000 gallons and generate an estimated $672,000 in additional revenue. Levy attributed this growth to the dedication and effort of the company's team.
EzFill operates in the mobile fuel sector, offering on-demand fueling services directly to consumer, commercial, and specialty markets, including marine and construction equipment. The company has the largest market share in Florida and aims to disrupt traditional gas station fueling by providing a convenient and safer alternative.
The expansion of services and addition of new fleet customers reflect a broader industry trend, where major corporations like Shell (LON:SHEL), Exxon (NYSE:XOM), GM, Bridgestone, Enterprise, and Mitsubishi are investing in on-demand mobile fueling services in response to a decline in traditional gas stations and changing consumer preferences.
This press release includes forward-looking statements regarding EzFill's business strategy and potential future earnings. However, these statements are not guarantees of future performance and are subject to risks, uncertainties, and changes in circumstances that could impact actual results.
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