SurgePays, Inc.

SurgePays, Inc.

SURGยทNASDAQ

$2.85

+0.35%
TechnologySoftware - Application

SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, as well as prepaid wireless plans. In addition, the company provides marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. Further, it operates a bilingual operations center offering the Company with sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services. The company is headquartered in Bartlett, Tennessee.

At a Glance

Live Snapshot
Market Cap$56.51M
EPS-2.3900
P/E Ratio-0.74
Earnings Date11/11/2025
3Y+19.0%
5Y+136.0%
10Y+2049.0%
3Y+238.0%
5Y+441.0%
10Y+3323.0%
3Y+39.0%
5Y+226.0%
10Y+9392.0%
SurgePays, Inc.

SurgePays, Inc. Profit Bridge

SURG ยท NASDAQ
Revenue60.88M
Cost of Goods Sold (75.21M)
Gross Profit-14.32M
Operating Expenses (27.46M)
Operating Income-41.78M
Interest Expense (554.20K)
Other Income/Expense-1.29M
Pretax Income-43.07M
Income Tax (2.87M)
Net Income-45.73M
Net Income
-45.73M

Profitability Analysis

Gross Margin

-23.5%

Negative gross margin indicates the company is losing money on each saleโ€”unsustainable long-term.

Operating Margin

-68.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-75.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

SurgePays, Inc. Income Statement

SURG โ€ข NASDAQ

SurgePays, Inc. Income StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Apr 2014Apr 2012Apr 2011Apr 2010Apr 2009Nov 2007Nov 2006
REVENUE
60.9M
137.1M
121.5M
51.1M
54.4M
25.7M
15.2M
1.4M
3.3M
2.8M
2.7M
1.9K
2.1K
4.9K
14.3K
9K
0.0
0.0
GROSS PROFIT
(75.2M)
(101.5M)
(108.1M)
(44.9M)
(51.9M)
(20.3M)
(8.6M)
(733K)
(2.3M)
(2.3M)
(1.7M)
(1.2K)
(1.1K)
(9.2K)
(23.6K)
(37.4K)
(0.0)
(0.0)
-14.3M
35.6M
13.5M
6.2M
2.5M
5.4M
6.7M
696.8K
968.3K
500.7K
996.6K
689.0
950.0
-4.3K
-9.3K
-28.3K
0.0
0.0
OPERATING INCOME
(27.5M)
(16.8M)
(12.8M)
(12.2M)
(12.6M)
(12.2M)
(8.2M)
(2.8M)
(3.7M)
(1.7M)
(965.3K)
(50.2K)
(652.9K)
(374.2K)
(879K)
(651.1K)
(72.8K)
(16.9K)
(26.3M)
(15.7M)
(11.9M)
(11.4M)
(9.7M)
(12M)
(8.1M)
(2.6M)
(3.2M)
(1.2M)
(965.3K)
(50K)
(652.8K)
(372.6K)
(872.1K)
(645.3K)
(72.8K)
(16.9K)
-41.8M
18.9M
633.8K
-6M
-10.1M
-6.8M
-1.5M
-2.1M
-3.1M
-1.3M
31.2K
-49.5K
-651.9K
-425.3K
-1.3M
-1.1M
-72.8K
-20.4K
PRE-TAX INCOME
(554.2K)
(596K)
(2M)
(7.5M)
(4M)
(227K)
(140.5K)
(24K)
(1.7M)
(15.2K)
(12.1K)
(40.6K)
(13.1K)
(37.1K)
(49.6K)
(437.0)
-72.8K
(46.0)
-448.8K
-596K
-2M
-7.5M
-4M
-227K
-140.5K
-24K
-1.7M
-15.2K
2.1K
-40.6K
-13.1K
-37.1K
-48.7K
-437.0
0.0
0.0
(1.2M)
(1.1M)
(931.6K)
(759.4K)
(2.9M)
(227.3K)
(43.1K)
(9.6K)
(5.8K)
(0.0)
(0.0)
(0.0)
(130.0)
(1.5K)
(6.9K)
(266.0)
(0.0)
(0.0)
-1.3M
-485.8K
-1.2M
-7.5M
-576K
-679K
76.6K
-2.2M
-2.3M
-15.1K
2.1K
-6.1K
-3.5K
-84K
-446K
-418K
0.0
-3.5K
-43.1M
18.4M
-553.2K
-13.5M
-10.7M
-8.4M
-1.5M
-2M
-4.6M
-1.3M
33.3K
-55.6K
-642.3K
-472.2K
-1.8M
-1.1M
0.0
-23.9K
NET INCOME
(2.9M)
-2.3M
(0.0)
(0.0)
(0.0)
-229K
(82.2K)
(426.5K)
(1.7M)
(0.0)
(0.0)
(0.0)
-19.2K
(93.8K)
(891.1K)
(417.8K)
(72.8K)
(46.0)
-45.7M
20.6M
-680.8K
-13.5M
-10.7M
-8.4M
-1.5M
-2M
-4.6M
-1.3M
33.3K
-55.6K
-655.4K
-462.4K
-1.4M
-1.1M
-72.8K
-20.5K

SEC Filings

SURG - Filing history and reports

No SEC filings available for SURG