Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

EzFill Reports 103% Year-Over-Year Revenue Growth In First Year of Mobile Fuel Deliveries

Learn More about EzFill Holdings, Inc. by gaining access to the latest research report.

EzFill Holdings Inc. (NASDAQ: EZFL) released its second-quarter financial results this month, revealing 103% year-over-year revenue growth and other exciting updates.

Despite rising oil prices and major supply chain disruptions across oil and gas markets, EzFill doubled its revenue year over year from $1.85 million in the second quarter of 2021 to $3.76 million for the same period this year.

While other similarly sized fuel-distribution companies also saw year-over-year growth, few managed to double revenue as EzFill did. Sunoco LP (NYSE: SUN) came close with 77% YoY growth in revenue, while Arko Corp. (NASDAQ: ARKO) and UGI Corp. (NYSE: UGI) reported 32% and 33% increases, respectively, in their most recent quarters.

Here’s what drove the growth and how EzFill plans to keep that strong momentum going through the rest of the year.

Fuel Deliveries Commenced For EzFill’s Pioneering On-Demand Mobile Fuel Service

In EzFill’s first quarter, the company officially began mobile fuel deliveries to its base of mostly commercial customers. Unlike other distributors that store fuel at gas stations, EzFill uses a fleet of trucks to deliver gasoline, diesel and specialty fuels to customers wherever they are.

Customers download an app, schedule delivery at their location, and a certified technician fills their tank wherever their car (or truck or boat) is parked. The convenient service allows individuals to skip the gas pump while commercial customers can schedule refueling during off hours so that they can start the day with a fully fueled fleet of vehicles.

High Demand From Commercial Customers

Gallons delivered rose 34% from the first quarter, while the company added about 40 new fleet customers with an estimated demand of approximately 1.2 million gallons per year. This demand from commercial customers accounts for the majority of its growth to date and the EzFill continues to sign agreements with major corporate customers across southeast Florida.

Expansion Into New Territory And New Market Segments

As a pioneer of the emerging mobile fuel-delivery industry, EzFill is still mostly serving Miami, where the company is based. However, this year, it added markets in West Palm Beach, Tampa and Orlando.

Meanwhile, it’s adding new trucks and technicians to its fleet to keep pace with rapidly growing demand and making plans to deploy its service in cities across the United States, including in New York, Texas and Georgia.

One of its priorities in the coming months will be raising brand awareness among residential customers and boat owners to increase its share of individual customers. Earlier this year, it announced Miami Heat star Victor Oladipo is its brand ambassador to promote the on-demand fuel app to his audience.

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.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Contact Details

TraDigital IR- John C. McNamara

john@tradigitalir.com

Company Website

http://www.ezfl.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.