EzFill Achieves Another Quarterly Record for Gallons Delivered in Q2 2023, Sixth Consecutive Quarter with Growth
MIAMI, FL, July 10, 2023 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, announced that it delivered approximately 1.58 million gallons during the second quarter of 2023, achieving yet another quarterly record and the sixth consecutive quarter with an increase in gallons delivered. This represents an increase of approximately 20% from the first quarter of 2023 and approximately 100% from the second quarter of 2022. The increase was the result of adding 53 new fleet accounts year to date as well as new residential and marine focused marketing that is starting to show results in new users and orders. The Company continues to add new technology and features to its consumer app combined with its online marketing activities.
Yehuda Levy, co-founder and interim CEO says “I want to congratulate the team on achieving yet another record. The fleet business continues its consistent growth in our locations throughout Florida. Additionally, on the residential and marine side we continue to see the results of our targeted marketing campaigns. Additionally, we recently launched a condominium and homeowners association offering and we believe that signing on condominiums and HOAs will result in additional growth in our residential vertical.”
EzFill is a leader in the fast-growing mobile fuel industry, with the largest market share in its home state of Florida. Its mission is to disrupt the gas station fueling model by providing consumers and businesses with the convenience, safety, and touch-free benefits of on-demand fueling services brought directly to their locations. For commercial and specialty customers, at-site delivery during downtimes enables operators to begin their daily operations with fully fueled vehicles. For more information, visit www.ezfl.com.
With the number of gas stations in the U.S. continuing to decline, corporate giants such as Shell, Exxon, GM, Bridgestone, Enterprise, and Mitsubishi have recognized the increasing shift in consumer behavior and are investing in the fast growing on-demand mobile fueling industry. As the only company to provide fuel delivery in three vertical segments - consumer, commercial, and specialty including marine, we believe EzFill is well positioned to capitalize on the growing demand for convenient and cost-efficient mobile fueling options.
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Released July 10, 2023