8-K Announcements
6Material company update
Apr 16, 2026·SEC
Material company update
Mar 24, 2026·SEC
Material company update
Feb 9, 2026·SEC
SurgePays, Inc.(SURG)Earnings, Financials & Key Ratios
SURG•NASDAQ
$0.56
$11M mkt cap·Price updated May 7, 2026
AboutSurgePays, 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.Show more
- Revenue$61M-55.6%
- EBITDA-$40M-302.7%
- Net Income-$46M-321.8%
- EPS (Diluted)-2.39-273.2%
- Gross Margin-23.53%-190.5%
- EBITDA Margin-66.51%-556.7%
- Operating Margin-68.63%-598.9%
- Net Margin-75.11%-599.6%
- ROE-209.45%-270.3%
- ROIC-229.66%-306.3%
- Debt/Equity0.30+57.0%
- Interest Coverage-75.39-338.2%
SURG Key Insights
SurgePays, Inc. (SURG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 18.8%
- ✓Trading at only 0.7x book value
- ✓Efficient asset utilization: 2.5x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 4 (bottom 4%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 28.1% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SURG Price & Volume
SurgePays, Inc. (SURG) stock price & volume — 10-year historical chart
Loading chart...
SURG Growth Metrics
SurgePays, Inc. (SURG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years36.69%
5 Years18.79%
3 Years6.04%
TTM-39.75%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-83.53%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-91.05%
Return on Capital
10 Years-1176.44%
5 Years-215.7%
3 Years-25.35%
Last Year-177.28%
SURG Peer Comparison
SurgePays, Inc. (SURG) competitors in Payments, billing and spend management — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LQDT | 1.12B | 36.25 | 41.67 | 31.2% | 6.3% | 14.24% | 0.07 | |
 GSAT | 10.33B | 81.48 | -138.10 | 11.86% | -19.04% | -13.68% | 1.51 | |
 SSTK | 623.99M | 16.99 | 13.59 | 5.84% | -2.19% | -3.62% | 0.55 | |
 TMUS | 210.16B | 194.20 | 19.98 | 8.49% | 11.65% | 17.82% | 2.07 | |
 LBRDA | 5.36B | 37.30 | -1.99 | -100% | -10.5% | -35.51% | 0.31 | |
 ATUS | 539.38M | 1.89 | -8.59 | -4.06% | -21.76% | |||
 INTU | 113.54B | 406.78 | 29.76 | 15.63% | 21.57% | 22.78% | 0.34 | |
 FOUR | 3.81B | 46.86 | 43.39 | 25.5% | 2.58% | 4.39% | 2.36 |
Compare SURG vs Peers
SurgePays, Inc. (SURG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SURG Income Statement
SurgePays, Inc. (SURG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 3.3M | 1.43M | 15.24M | 25.74M | 54.41M | 51.06M | 121.54M | 137.14M | 60.88M | 50.37M |
| Revenue Growth % | 16.38% | -56.63% | 966.12% | 68.87% | 111.35% | -6.15% | 138.04% | 12.83% | -55.61% | -39.75% |
| Cost of Goods Sold | 2.33M | 733.03K | 8.57M | 22.62M | 51.94M | 44.89M | 108.07M | 101.5M | 75.21M | 69.8M |
| COGS % of Revenue | 70.63% | 51.27% | 56.22% | 87.88% | 95.46% | 87.92% | 88.92% | 74.01% | 123.53% | - |
| Gross Profit | 968.28K▲ 0% | 696.84K▼ 28.0% | 6.67M▲ 857.7% | 3.12M▼ 53.3% | 2.47M▼ 20.9% | 6.17M▲ 149.9% | 13.47M▲ 118.3% | 35.64M▲ 164.6% | -14.32M▼ 140.2% | -19.42M▲ 0% |
| Gross Margin % | 29.37% | 48.73% | 43.78% | 12.12% | 4.54% | 12.08% | 11.08% | 25.99% | -23.53% | -38.56% |
| Gross Profit Growth % | 93.4% | -28.03% | 857.74% | -53.26% | -20.86% | 149.93% | 118.31% | 164.62% | -140.19% | - |
| Operating Expenses | 3.67M | 2.77M | 8.21M | 10.89M | 12.61M | 12.16M | 12.84M | 16.78M | 27.46M | 20.29M |
| OpEx % of Revenue | 111.18% | 193.44% | 53.85% | 42.29% | 23.19% | 23.82% | 10.56% | 12.23% | 45.1% | - |
| Selling, General & Admin | 3.23M | 2.65M | 8.06M | 9.67M | 9.69M | 11.38M | 11.91M | 15.71M | 26.29M | 19.76M |
| SG&A % of Revenue | 98.05% | 185.1% | 52.87% | 37.58% | 17.81% | 22.28% | 9.8% | 11.46% | 43.19% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 5.84K | 9.59K | 43.12K | 1.21M | 2.92M | 784.22K | 923.83K | 1.06M | 1.17M | 534.1K |
| Operating Income | -3.11M▲ 0% | -2.07M▲ 33.4% | -1.54M▲ 25.8% | -7.77M▼ 405.9% | -10.15M▼ 30.6% | -5.99M▲ 40.9% | 633.78K▲ 110.6% | 18.87M▲ 2876.6% | -41.78M▼ 321.5% | -39.72M▲ 0% |
| Operating Margin % | -94.24% | -144.7% | -10.07% | -30.18% | -18.65% | -11.74% | 0.52% | 13.76% | -68.63% | -78.85% |
| Operating Income Growth % | -135.19% | 33.4% | 25.79% | -405.91% | -30.61% | 40.93% | 110.58% | 2876.62% | -321.48% | - |
| EBITDA | -2.67M | -1.95M | -1.39M | -7.49M | -8.77M | -5.08M | 1.62M | 19.97M | -40.49M | -39.04M |
| EBITDA Margin % | -81.1% | -136.36% | -9.09% | -29.08% | -16.13% | -9.94% | 1.33% | 14.56% | -66.51% | -77.49% |
| EBITDA Growth % | -226.11% | 27.07% | 28.93% | -440.12% | -17.23% | 42.16% | 131.97% | 1131.01% | -302.72% | -82.17% |
| D&A (Non-Cash Add-back) | 433.12K | 119.26K | 149.64K | 282.93K | 1.37M | 917.47K | 988.7K | 1.11M | 1.29M | 796.52K |
| EBIT | -2.94M | -1.56M | -1.32M | -8.22M | -6.77M | -6.01M | 1.41M | 18.98M | -42.51M | -41.28M |
| Net Interest Income | -1.66M | -24.02K | -140.46K | -227.02K | -3.95M | -7.52M | -1.96M | -595.98K | -448.81K | -1.03M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105.39K | -14.23K |
| Interest Expense | 1.66M | 24.02K | 140.46K | 227.02K | 3.95M | 7.52M | 1.96M | 595.98K | 554.2K | 1.02M |
| Other Income/Expense | -2.33M | -2.18M | 76.62K | -679K | -575.96K | -7.54M | -1.19M | -485.77K | -1.29M | -2.57M |
| Pretax Income | -4.6M▲ 0% | -1.98M▲ 57.0% | -1.46M▲ 26.3% | -8.45M▼ 479.0% | -10.72M▼ 26.9% | -13.53M▼ 26.2% | -553.23K▲ 95.9% | 18.38M▲ 3422.2% | -43.07M▼ 334.3% | -42.29M▲ 0% |
| Pretax Margin % | -139.54% | -138.49% | -9.57% | -32.81% | -19.71% | -26.5% | -0.46% | 13.4% | -70.74% | -83.96% |
| Income Tax | 1.67M | 426.54K | 82.23K | 0 | 0 | 0 | 0 | -2.27M | 2.87M | -100K |
| Effective Tax Rate % | -36.22% | -21.54% | -5.64% | 0% | 0% | 0% | 0% | -12.32% | -6.66% | 0.24% |
| Net Income | -4.6M▲ 0% | -1.98M▲ 57.0% | -1.54M▲ 22.2% | -8.45M▼ 448.1% | -10.72M▼ 26.9% | -13.53M▼ 26.2% | -680.76K▲ 95.0% | 20.62M▲ 3128.6% | -45.73M▼ 321.8% | -42.02M▲ 0% |
| Net Margin % | -139.54% | -138.49% | -10.11% | -32.81% | -19.71% | -26.5% | -0.56% | 15.03% | -75.11% | -83.42% |
| Net Income Growth % | -244.3% | 56.95% | 22.18% | -448.12% | -26.93% | -26.2% | 94.97% | 3128.65% | -321.79% | -83.53% |
| Net Income (Continuing) | -4.6M | -1.98M | -1.54M | -8.45M | -10.72M | -13.53M | -553.23K | 20.64M | -45.94M | -42.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 127.53K | 154.24K | -54.31K | -54.95K |
| EPS (Diluted) | -5.13▲ 0% | -1.30▲ 74.7% | -0.94▲ 27.7% | -4.27▼ 354.3% | -5.02▼ 17.6% | -3.09▲ 38.4% | -0.05▲ 98.2% | 1.38▲ 2613.7% | -2.39▼ 273.2% | -2.12▲ 0% |
| EPS Growth % | -155.22% | 74.66% | 27.69% | -354.26% | -17.56% | 38.45% | 98.22% | 2613.66% | -273.19% | -91.05% |
| EPS (Basic) | -5.13 | -1.30 | -0.94 | -4.27 | -5.02 | -3.09 | -0.05 | 1.45 | -2.39 | - |
| Diluted Shares Outstanding | 895.93K | 1.52M | 1.63M | 1.92M | 2.13M | 4.38M | 12.4M | 14.92M | 19.12M | 19.84M |
| Basic Shares Outstanding | 895.93K | 1.52M | 1.63M | 1.92M | 2.13M | 4.38M | 12.4M | 14.26M | 19.12M | 19.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
SURG Balance Sheet
SurgePays, Inc. (SURG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 758.84K | 319.56K | 3.06M | 3.57M | 1.25M | 13.89M | 27.56M | 33.37M | 17.87M | 9.23M |
| Cash & Short-Term Investments | 63.71K | 215.84K | 444.61K | 346.04K | 674K | 6.28M | 7.04M | 14.62M | 11.79M | 2.74M |
| Cash Only | 63.71K | 215.84K | 444.61K | 346.04K | 674K | 6.28M | 7.04M | 14.62M | 11.79M | 2.74M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 126.43K | 56.04K | 1.25M | 3.13M | 393.12K | 3.25M | 9.23M | 9.54M | 3M | 4.29M |
| Days Sales Outstanding | 14 | 14.3 | 29.87 | 44.41 | 2.64 | 23.23 | 27.72 | 25.38 | 17.99 | 22.57 |
| Inventory | 808.5K | 520.16K | 10.86K | -172.63B | 178.31K | 4.36M | 11.19M | 9.05M | 1.78M | 1.92M |
| Days Inventory Outstanding | 126.74 | 259.01 | 0.46 | - | 1.25 | 35.44 | 37.78 | 32.53 | 8.65 | 10.32 |
| Other Current Assets | 0 | 47.68K | 1.36M | 172.63B | 0 | 0 | 0 | 0 | 1.3M | 278.53K |
| Total Non-Current Assets | 1.6M | 2.83M | 1.03M | 6.41M | 6.07M | 5.61M | 6.44M | 8.56M | 6.11M | 5.27M |
| Property, Plant & Equipment | 14.43K | 157.44K | 34.99K | 505.43K | 605.45K | 687.12K | 1.07M | 749.71K | 1.16M | 808.26K |
| Fixed Asset Turnover | 228.43x | 9.08x | 435.67x | 50.93x | 89.86x | 74.31x | 113.09x | 182.93x | 52.67x | 51.80x |
| Goodwill | 866.78K | 866.78K | 866.78K | 866.78K | 866.78K | 866.78K | 1.67M | 1.67M | 3.3M | 3.3M |
| Intangible Assets | 217.19K | 101.92K | 65.27K | 4.77M | 4.13M | 3.43M | 3.17M | 2.67M | 1.47M | 982.61K |
| Long-Term Investments | 500K | 1.7M | 0 | 203.7K | 414.61K | 443.29K | 354.21K | 464.41K | 176.85K | 530.55K |
| Other Non-Current Assets | 500K | 1.7M | 61.46K | 66.46K | 61.46K | 176.85K | 176.85K | 176.85K | 0 | 408.85K |
| Total Assets | 2.36M▲ 0% | 3.15M▲ 33.4% | 4.08M▲ 29.8% | 9.99M▲ 144.5% | 7.33M▼ 26.6% | 19.5M▲ 166.2% | 34M▲ 74.4% | 41.93M▲ 23.3% | 23.98M▼ 42.8% | 14.49M▲ 0% |
| Asset Turnover | 1.40x | 0.45x | 3.73x | 2.58x | 7.43x | 2.62x | 3.57x | 3.27x | 2.54x | 2.91x |
| Asset Growth % | -10.26% | 33.45% | 29.84% | 144.51% | -26.65% | 166.21% | 74.38% | 23.3% | -42.81% | -258.7% |
| Total Current Liabilities | 4.06M | 2.49M | 4.79M | 7.05M | 15.3M | 10M | 23.46M | 12.71M | 6.06M | 17.67M |
| Accounts Payable | 775.62K | 160.37K | 3.25M | 4.64M | 7.34M | 7.44M | 5.78M | 6.44M | 3.93M | 8.54M |
| Days Payables Outstanding | 121.58 | 79.85 | 138.59 | 74.8 | 51.61 | 60.47 | 19.54 | 23.16 | 19.07 | 27.89 |
| Short-Term Debt | 1.84M | 779.24K | 582.5K | 1.65M | 5.78M | 1.68M | 2.65M | 4.58M | 1.69M | 9.14M |
| Deferred Revenue (Current) | 165K | 130K | 50K | 0 | 443.3K | 276.25K | 243.11K | 20K | 0 | 0 |
| Other Current Liabilities | 1.28M | 1.08M | 905.4K | 678.04K | 1.74M | 0 | 13.02M | 570K | 0 | 0 |
| Current Ratio | 0.19x | 0.13x | 0.64x | 0.51x | 0.08x | 1.39x | 1.17x | 2.63x | 2.95x | 2.95x |
| Quick Ratio | -0.01x | -0.08x | 0.64x | 24472.99x | 0.07x | 0.95x | 0.70x | 1.91x | 2.66x | 2.66x |
| Cash Conversion Cycle | 19.15 | 193.46 | -108.26 | - | -47.72 | -1.8 | 45.96 | 34.76 | 7.56 | 4.99 |
| Total Non-Current Liabilities | 112.4K | 52.19K | 1.28M | 7.63M | 2.75M | 5.95M | 5.42M | 816.8K | 2.65M | 3.25M |
| Long-Term Debt | 112.4K | 52.19K | 680K | 6.64M | 1.74M | 5.51M | 5.02M | 460.52K | 2.34M | 3.09M |
| Capital Lease Obligations | 0 | 0 | 0 | 119.87K | 155.17K | 438.9K | 399.41K | 356.28K | 319.23K | 933.8K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 600.52K | 869.87K | 854.87K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.17M | 2.54M | 6.07M | 14.69M | 18.05M | 15.95M | 28.89M | 13.52M | 8.71M | 20.92M |
| Total Debt | 1.95M | 1.09M | 1.26M | 8.5M | 7.67M | 7.68M | 8.11M | 5.44M | 4.59M | 12.38M |
| Net Debt | 1.89M | 878.38K | 817.89K | 8.16M | 6.99M | 1.4M | 1.08M | -9.18M | -7.2M | 9.64M |
| Debt / Equity | - | 1.80x | - | - | - | 2.16x | 1.58x | 0.19x | 0.30x | 0.30x |
| Debt / EBITDA | - | - | - | - | - | - | 5.00x | 0.27x | - | -0.32x |
| Net Debt / EBITDA | - | - | - | - | - | - | 0.66x | -0.46x | - | -0.25x |
| Interest Coverage | -1.87x | -86.14x | -10.93x | -34.22x | -2.57x | -0.80x | 0.32x | 31.65x | -75.39x | -40.65x |
| Total Equity | -1.82M▲ 0% | 607.05K▲ 133.4% | -1.99M▼ 427.5% | -4.7M▼ 136.4% | -10.73M▼ 128.2% | 3.55M▲ 133.1% | 5.12M▲ 44.1% | 28.4M▲ 454.9% | 15.26M▼ 46.3% | -6.42M▲ 0% |
| Equity Growth % | -199.14% | 133.45% | -427.52% | -136.37% | -128.23% | 133.11% | 44.12% | 454.94% | -46.27% | -351.59% |
| Book Value per Share | -2.03 | 0.40 | -1.22 | -2.44 | -5.03 | 0.81 | 0.41 | 1.90 | 0.80 | -0.32 |
| Total Shareholders' Equity | -1.82M | 607.05K | -1.99M | -4.7M | -10.73M | 3.55M | 4.99M | 28.25M | 15.32M | -6.37M |
| Common Stock | 57.34K | 90.06K | 88.05K | 102.19K | 127.13K | 12.06K | 14.12K | 14.4K | 20.43K | 20.77K |
| Retained Earnings | -6.03M | -8.01M | -2.42M | -10.87M | -21.59M | -35.12M | -35.8M | -15.19M | -60.92M | -83.12M |
| Treasury Stock | 0 | -1.07M | 0 | 0 | 0 | 0 | 0 | 0 | -631.97K | -1.63M |
| Accumulated OCI | -4.68K | -155.56K | -13.78K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 127.53K | 154.24K | -54.31K | -54.95K |
SURG Cash Flow Statement
SurgePays, Inc. (SURG) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -641.88K | -604.11K | -1.02M | -6.53M | -4.33M | -15.29M | 793.27K | 10.29M | -21.31M | -21.31M |
| Operating CF Margin % | -19.47% | -42.25% | -6.66% | -25.38% | -7.95% | -29.94% | 0.65% | 7.5% | -35% | - |
| Operating CF Growth % | -185.89% | 5.88% | -68.12% | -543.27% | 33.78% | -253.4% | 105.19% | 1196.82% | -307.15% | -758.83% |
| Net Income | -4.6M | -1.98M | -1.54M | -8.45M | -10.72M | -13.53M | -553.23K | 20.64M | -45.94M | -42.02M |
| Depreciation & Amortization | 433.12K | 119.26K | 149.64K | 282.93K | 1.37M | 917.47K | 988.7K | 1.11M | 1.29M | 963.64K |
| Stock-Based Compensation | 0 | 0 | 157.91K | 329.57K | 182.97K | 3.58K | 0 | 566.71K | 8.36M | 2.27M |
| Deferred Taxes | 0 | 0 | -42.94K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 3.28M | 1.49M | 63.49K | 1.45M | 899.98K | 5.5K | 179.05K | 1.85M | 1.78M | 2.38M |
| Working Capital Changes | 248.72K | -236.63K | 197.37K | -152.18K | 3.94M | -2.68M | 178.75K | -13.88M | 13.19M | 10.95M |
| Change in Receivables | 111.71K | 60.39K | -102.81K | -2.81M | 994.78K | -2.99M | -5.92M | -395.72K | 6.54M | -2.78M |
| Change in Inventory | 62.59K | 0 | -573.46K | 0 | -178.31K | -4.26M | -6.88M | 2.14M | 7.27M | 6.45M |
| Change in Payables | 427.66K | -262.02K | 925.14K | 1.47M | 2.82M | 4.81M | 154.24K | -25.75K | -2.87M | 7.46M |
| Cash from Investing | -503K | -147K | -278.04K | -32.24K | 8.35K | -376.72K | -1.5M | -281.3K | -3M | 7.56M |
| Capital Expenditures | -3K | -147K | -331.8K | -227.63K | -6.61K | -51.41K | -11.4K | -281.3K | -518.19K | -18.59K |
| CapEx % of Revenue | 0.09% | 10.28% | 2.18% | 0.88% | 0.01% | 0.1% | 0.01% | 0.21% | 0.85% | - |
| Acquisitions | 0 | 0 | 243.77K | 210.35K | 0 | -325.32K | -800K | 0 | -2.5M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -500K | 0 | -521.8K | -14.96K | 14.96K | 0 | -687.18K | 0 | 0 | 7.67M |
| Cash from Financing | 1.14M | 903.24K | 464.1K | 6.47M | 4.65M | 21.27M | 1.46M | -2.42M | 22.48M | 6.93M |
| Debt Issued (Net) | 243.1K | 629.24K | 446.55K | 3.26M | 4.24M | 2.2M | 1.46M | -2.63M | -1.54M | 6.42M |
| Equity Issued (Net) | 857.5K | 1.18M | 0 | 3.21M | 568.5K | 21.3M | 473 | 0 | 16.62M | 502.55K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -500K | 0 | 0 | 0 | -631.97K | -146.84K |
| Other Financing | 38.5K | -901K | 17.55K | 0 | -162K | -2.22M | 0 | 207.24K | 7.4M | 0 |
| Net Change in Cash | -5.78K▲ 0% | 152.13K▲ 2732.1% | -829.55K▼ 645.3% | -98.57K▲ 88.1% | 327.95K▲ 432.7% | 5.61M▲ 1610.4% | 752.16K▼ 86.6% | 7.59M▲ 908.6% | -1.83M▼ 124.1% | -10.91M▲ 0% |
| Free Cash Flow | -644.88K▲ 0% | -751.11K▼ 16.5% | -1.35M▼ 79.4% | -6.76M▼ 401.8% | -4.33M▲ 35.9% | -15.34M▼ 254.0% | 94.69K▲ 100.6% | 10.01M▲ 10467.2% | -21.83M▼ 318.2% | -25.65M▲ 0% |
| FCF Margin % | -19.56% | -52.53% | -8.84% | -26.26% | -7.96% | -30.04% | 0.08% | 7.3% | -35.85% | -50.91% |
| FCF Growth % | -175.29% | -16.47% | -79.39% | -401.76% | 35.91% | -254.05% | 100.62% | 10467.16% | -318.16% | -114.19% |
| FCF per Share | -0.72 | -0.49 | -0.83 | -3.51 | -2.03 | -3.50 | 0.01 | 0.67 | -1.14 | -1.14 |
| FCF Conversion (FCF/Net Income) | 0.14x | 0.31x | 0.66x | 0.77x | 0.40x | 1.13x | -1.17x | 0.50x | 0.47x | 0.61x |
| Interest Paid | 0 | 0 | 10.58K | 77.83K | 98.11K | 866.68K | 523K | 222.33K | 470.21K | 188.49K |
| Taxes Paid | 0 | 0 | 82.23K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SURG Key Ratios
SurgePays, Inc. (SURG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -326.21% | - | - | - | -381.02% | -15.7% | 123.01% | -209.45% | -1007.67% |
| Return on Invested Capital (ROIC) | -399.38% | -198.83% | -730.97% | -509.72% | - | -738.61% | 8.53% | 111.32% | -229.66% | -229.66% |
| Gross Margin | 29.37% | 48.73% | 43.78% | 12.12% | 4.54% | 12.08% | 11.08% | 25.99% | -23.53% | -38.56% |
| Net Margin | -139.54% | -138.49% | -10.11% | -32.81% | -19.71% | -26.5% | -0.56% | 15.03% | -75.11% | -83.42% |
| Debt / Equity | - | 1.80x | - | - | - | 2.16x | 1.58x | 0.19x | 0.30x | 0.30x |
| Interest Coverage | -1.87x | -86.14x | -10.93x | -34.22x | -2.57x | -0.80x | 0.32x | 31.65x | -75.39x | -40.65x |
| FCF Conversion | 0.14x | 0.31x | 0.66x | 0.77x | 0.40x | 1.13x | -1.17x | 0.50x | 0.47x | 0.61x |
| Revenue Growth | 16.38% | -56.63% | 966.12% | 68.87% | 111.35% | -6.15% | 138.04% | 12.83% | -55.61% | -39.75% |
SURG SEC Filings & Documents
SurgePays, Inc. (SURG) SEC filings — annual & quarterly reports (10-K, 10-Q)
SURG Frequently Asked Questions
SurgePays, Inc. (SURG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
SurgePays, Inc. (SURG) reported $50.4M in revenue for fiscal year 2024.
SurgePays, Inc. (SURG) saw revenue decline by 55.6% over the past year.
SurgePays, Inc. (SURG) reported a net loss of $42.0M for fiscal year 2024.
Dividend & Returns
SurgePays, Inc. (SURG) has a return on equity (ROE) of -209.5%. Negative ROE indicates the company is unprofitable.
SurgePays, Inc. (SURG) had negative free cash flow of $25.6M in fiscal year 2024, likely due to heavy capital investments.
Explore More SURG
SurgePays, Inc. (SURG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates