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SURG

SurgePays, Inc.

Price Chart
Latest Quote

$0.42

-0.02 (-4.45%)
Current Price
Previous Close $0.44
Open $0.44
Day High $0.46
Day Low $0.42
Volume 183,169
Fetched: 2026-06-19T06:50:17
Stock Information
Shares Outstanding 25.12M
Total Debt $15.51M
Cash Equivalents $1.99M
Revenue $62.37M
Net Income $-40.48M
Sector Communication Services
Industry Telecom Services
Market Cap $10.56M
EPS (TTM) $-1.93
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$24.52M
Sales$62.37M
Income$-40.48M
Book/sh$-0.98
Cash/sh$0.08
Employees125
Financial Ratios
Quick Ratio0.23
Current Ratio0.27
Returns & Margins
ROA-170.27%
Gross Margin-24.60%
Operating Margin-70.07%
Profit Margin-64.91%
Ownership
Insider Ownership37.15%
Institutional Ownership8.77%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E8.41
PEG0.48
P/S0.17
P/B-0.43
Analyst Data
Recommendationstrong_buy
Target Price$3.50
Technical Indicators
SMA20$0.50
SMA50$0.56
SMA200$1.50
RSI25.43
ATR0.0579
Shares Float17.00M
Short Float3.48%
Short Ratio2.31
Volatility0.20
Rel Volume0.91
Performance History
Week-6.87%
Month-20.00%
Quarter-50.59%
6 Months-75.58%
YTD-75.44%
Year-84.39%
3 Years-94.88%
5 Years-93.91%
10 Years-99.29%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $0.42 183,600
2026-06-17 $0.44 140,300
2026-06-16 $0.44 213,000
2026-06-15 $0.41 116,400
2026-06-12 $0.40 377,900
2026-06-11 $0.45 98,000
2026-06-10 $0.46 396,000
2026-06-09 $0.50 272,900
2026-06-08 $0.50 299,300
2026-06-05 $0.47 861,900
2026-06-04 $0.54 163,800
2026-06-03 $0.53 101,100
2026-06-02 $0.56 76,000
2026-06-01 $0.60 82,600
2026-05-29 $0.59 83,100
2026-05-28 $0.57 152,500
2026-05-27 $0.55 154,200
2026-05-26 $0.51 79,200
2026-05-22 $0.50 137,300
2026-05-21 $0.51 43,700
2026-05-20 $0.50 245,400
2026-05-19 $0.52 170,500
About SurgePays, Inc.

SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in three segments: MVNO wireless brands; MVNE enablement platform (HERO); and point-of-sale (POS) and fintech services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores; prepaid wireless top-ups platform for convenience stores. SurgePays, Inc. is headquartered in Bartlett, Tennessee.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $67,300,444 $75,078,401 $101,455,858 $108,017,675
Cost Of Revenue $67,551,811 $75,205,372 $101,499,341 $108,074,782
Total Revenue $56,962,920 $60,881,173 $137,141,832 $121,544,190
Operating Revenue $56,962,920 $60,881,173 $137,141,832 $121,544,190
Expenses
Interest Expense $2,003,935 $554,200 $595,975 $1,958,800
Total Expenses $87,622,932 $102,663,524 $118,276,448 $120,918,172
Other Income Expense $-3,469,711 $-836,618 $110,203 $779,554
Other Non Operating Income Expenses $7,140 $636,868 - $336,726
Net Non Operating Interest Income Expense $-1,939,985 $-448,805 $-595,975 $-1,958,800
Interest Expense Non Operating $2,003,935 $554,200 $595,975 $1,958,800
Operating Expense $20,071,121 $27,458,152 $16,777,107 $12,843,390
Selling And Marketing Expense $268,671 $109,004 $152,851 $259,393
General And Administrative Expense $18,942,476 $26,183,869 $15,560,157 $11,652,404
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-36,068,870 $-45,729,224 $20,617,903 $-680,763
Net Interest Income $-1,939,985 $-448,805 $-595,975 $-1,958,800
Interest Income $63,950 $105,395 $0 -
Normalized Income $-32,592,019 $-44,538,418 $20,617,903 $-1,212,673
Net Income From Continuing And Discontinued Operation $-36,068,870 $-45,729,224 $20,617,903 $-680,763
Total Operating Income As Reported $-34,136,863 $-43,464,000 $18,865,384 $633,785
Net Income Common Stockholders $-36,068,870 $-45,729,224 $20,617,903 $-680,763
Net Income $-36,068,870 $-45,729,224 $20,617,903 $-680,763
Net Income Including Noncontrolling Interests $-36,069,708 $-45,937,774 $20,644,612 $-553,228
Net Income Continuous Operations $-36,069,708 $-45,937,774 $20,644,612 $-553,228
Pretax Income $-36,069,708 $-43,067,774 $18,379,612 $-553,228
Special Income Charges $-3,476,851 $-1,876,512 $0 $531,910
Earnings From Equity Interest $0 $33,864 $110,203 $-89,082
Interest Income Non Operating $63,950 $105,395 $0 -
Operating Income $-30,660,012 $-41,782,351 $18,865,384 $626,018
Depreciation Amortization Depletion Income Statement $859,974 $1,165,279 $1,064,099 $931,593
Depreciation And Amortization In Income Statement $859,974 $1,165,279 $1,064,099 $931,593
Gross Profit $-10,588,891 $-14,324,199 $35,642,491 $13,469,408
Per Share
Diluted EPS $-1.80 $-2.39 $1.38 $-0.05
Basic EPS $-1.80 $-2.39 $1.45 $-0.05
Other
Tax Effect Of Unusual Items $0 $-316,544 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-29,477,581 $-39,713,974 $20,083,169 $1,862,362
Total Unusual Items $-3,476,851 $-1,507,350 $0 $531,910
Total Unusual Items Excluding Goodwill $-3,476,851 $-1,507,350 $0 $531,910
Reconciled Depreciation $1,111,341 $1,292,250 $1,107,582 $988,700
EBITDA (Bullshit earnings) $-32,954,432 $-41,221,324 $20,083,169 $2,394,272
EBIT $-34,065,773 $-42,513,574 $18,975,587 $1,405,572
Diluted Average Shares $20,085,138 $19,119,181 $14,922,881 $12,395,364
Basic Average Shares $20,085,138 $19,119,181 $14,258,172 $12,395,364
Diluted NI Availto Com Stockholders $-36,068,870 $-45,729,224 $20,617,903 $-680,763
Minority Interests $838 $208,550 $-26,709 $-127,535
Tax Provision $0 $2,870,000 $-2,265,000 $0
Write Off $176,851 $498,273 $0 $-7,767
Impairment Of Capital Assets $3,300,000 $1,183,376 $0 -
Provision For Doubtful Accounts $176,851 $0 - -
Selling General And Administration $19,211,147 $26,292,873 $15,713,008 $11,911,797
Other Gand A $9,259,273 $10,482,559 $7,967,646 $5,335,832
Insurance And Claims $983,093 $1,096,027 $1,249,556 $1,535,687
Salaries And Wages $8,700,110 $14,605,283 $6,342,955 $4,780,885
Other Special Charges - $194,863 - $-524,143
Gain On Sale Of Security - $369,162 - -
Gain On Sale Of Business - - - $0
Fetched: 2026-06-16
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $-16,166,828 $10,542,957 $23,916,544 $156,779
Total Assets $8,515,846 $23,976,005 $41,925,307 $34,003,506
Total Non Current Assets $1,536,080 $6,105,682 $8,558,646 $6,439,721
Non Current Note Receivables $0 $176,851 $176,851 $176,851
Goodwill And Other Intangible Assets $819,153 $4,772,962 $4,332,676 $4,833,939
Other Intangible Assets $819,153 $1,472,962 $2,665,894 $3,167,157
Current Assets $6,979,766 $17,870,323 $33,366,661 $27,563,785
Other Current Assets $581,823 $298,360 $161,933 $111,524
Restricted Cash $281,811 $1,000,000 $0 -
Inventory $339,570 $1,781,365 $9,046,594 $11,186,242
Receivables $4,045,162 $3,000,209 $9,536,074 $9,230,365
Accounts Receivable $4,045,162 $3,000,209 $9,536,074 $9,230,365
Cash Cash Equivalents And Short Term Investments $1,731,400 $11,790,389 $14,622,060 $7,035,654
Cash And Cash Equivalents $1,731,400 $11,790,389 $14,622,060 $7,035,654
Non Current Deferred Assets - $0 $2,835,000 $0
Non Current Deferred Taxes Assets - $0 $2,835,000 $0
Allowance For Doubtful Accounts Receivable - $0 $-17,525 $-17,525
Gross Accounts Receivable - $3,000,209 $9,553,599 $9,247,890
Cash Financial - $11,790,389 $14,622,060 $7,035,654
Prepaid Assets - - - $111,524
Debt
Net Debt $11,531,476 - - $636,307
Total Debt $13,582,108 $4,592,352 $5,444,499 $8,110,864
Long Term Debt And Capital Lease Obligation $5,728,429 $2,654,916 $816,799 $5,421,191
Long Term Debt $5,629,194 $2,335,684 $460,523 $5,021,778
Current Debt And Capital Lease Obligation $7,853,679 $1,937,436 $4,627,700 $2,689,673
Current Debt $7,633,682 $1,689,367 $4,584,563 $2,650,183
Other Current Borrowings $5,799,674 $1,689,367 $4,584,563 $2,650,183
Liabilities
Total Liabilities Net Minority Interest $23,918,665 $8,714,392 $13,521,843 $28,885,253
Total Non Current Liabilities Net Minority Interest $5,728,429 $2,654,916 $816,799 $5,421,191
Current Liabilities $18,190,236 $6,059,476 $12,705,044 $23,464,062
Current Notes Payable $1,834,008 $0 - $1,108,150
Payables And Accrued Expenses $10,336,557 $4,122,040 $8,057,344 $7,513,095
Payables $10,336,557 $4,122,040 $8,057,344 $7,513,095
Accounts Payable $10,219,011 $3,929,195 $6,439,120 $5,784,374
Current Deferred Liabilities - $0 $20,000 $243,110
Total Tax Payable - $0 $570,000 $0
Income Tax Payable - $0 $570,000 $0
Other Current Liabilities - - - $13,018,184
Equity
Common Stock Equity $-15,347,675 $15,315,919 $28,249,220 $4,990,718
Total Equity Gross Minority Interest $-15,402,819 $15,261,613 $28,403,464 $5,118,253
Stockholders Equity $-15,347,675 $15,315,919 $28,249,220 $4,990,718
Retained Earnings $-96,984,297 $-60,915,427 $-15,186,203 $-35,804,106
Long Term Equity Investment - $0 $464,409 $354,206
Preferred Stock Equity - - - -
Other
Treasury Shares Number $695,953 $362,620 $0 -
Ordinary Shares Number $21,151,974 $20,068,929 $14,403,261 $14,116,832
Share Issued $21,847,927 $20,431,549 $14,403,261 $14,116,832
Tangible Book Value $-16,166,828 $10,542,957 $23,916,544 $156,779
Invested Capital $-2,084,799 $19,340,970 $33,294,306 $12,662,679
Working Capital $-11,210,470 $11,810,847 $20,661,617 $4,099,723
Capital Lease Obligations $319,232 $567,301 $399,413 $438,903
Total Capitalization $-9,718,481 $17,651,603 $28,709,743 $10,012,496
Minority Interest $-55,144 $-54,306 $154,244 $127,535
Treasury Stock $1,631,966 $631,967 $0 -
Additional Paid In Capital $83,246,736 $76,842,878 $43,421,019 $40,780,707
Capital Stock $21,852 $20,435 $14,404 $14,117
Common Stock $21,852 $20,435 $14,404 $14,117
Long Term Capital Lease Obligation $99,235 $319,232 $356,276 $399,413
Current Capital Lease Obligation $219,997 $248,069 $43,137 $39,490
Dueto Related Parties Current $117,546 $192,845 $1,048,224 $1,728,721
Goodwill $0 $3,300,000 $1,666,782 $1,666,782
Net PPE $716,927 $1,155,869 $749,710 $1,074,725
Accumulated Depreciation $-1,222,300 $-1,016,139 $-727,197 $-445,665
Gross PPE $1,939,227 $2,172,008 $1,476,907 $1,520,390
Leases $324,901 $306,311 $0 -
Other Properties $313,410 $564,781 $387,869 $431,352
Machinery Furniture Equipment $1,300,916 $1,300,916 $1,089,038 $1,089,038
Properties $0 $0 $0 -
Current Deferred Revenue - $0 $20,000 $243,110
Investments And Advances - $0 $464,409 $354,206
Investmentsin Associatesat Cost - $0 $464,409 $354,206
Preferred Stock - - - $0
Line Of Credit - - - -
Duefrom Related Parties Current - - - -
Fetched: 2026-06-16
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-21,311,742 $-21,828,792 $10,006,041 $94,690
Operating Activities
Operating Cash Flow $-21,293,152 $-21,310,603 $10,287,345 $793,272
Cash Flow From Continuing Operating Activities $-21,293,152 $-21,310,603 $10,287,345 $793,272
Operating Gains Losses - $-47,477 $466,422 $492,052
Investing Activities
Capital Expenditure $-18,590 $-518,189 $-281,304 $-698,582
Investing Cash Flow $-18,590 $-3,004,576 $-281,304 $-1,498,582
Cash Flow From Continuing Investing Activities $-18,590 $-3,004,576 $-281,304 $-1,498,582
Capital Expenditure Reported - $0 $-281,304 $-387,180
Financing Activities
Repurchase Of Capital Stock $0 $-631,967 $0 -
Issuance Of Capital Stock $1,774,636 $17,249,994 $0 $473
Financing Cash Flow $10,534,564 $22,483,508 $-2,419,635 $1,457,468
Cash Flow From Continuing Financing Activities $10,534,564 $22,483,508 $-2,419,635 $1,457,468
Net Other Financing Charges $-731,197 $-1,395,000 - -
Net Common Stock Issuance $1,774,636 $16,618,027 $0 $473
Common Stock Issuance $1,774,636 $17,249,994 $0 $473
Other
Repayment Of Debt $-5,587,686 $-1,538,776 $-2,626,875 $-5,243,005
Issuance Of Debt $15,078,811 $0 $0 $6,700,000
Interest Paid Supplemental Data $245,855 $470,208 $222,326 $523,005
End Cash Position $2,013,211 $12,790,389 $14,622,060 $7,035,654
Beginning Cash Position $12,790,389 $14,622,060 $7,035,654 $6,283,496
Changes In Cash $-10,777,178 $-1,831,671 $7,586,406 $752,158
Proceeds From Stock Option Exercised $0 $8,799,257 $207,240 $473
Common Stock Payments $0 $-631,967 $0 -
Net Issuance Payments Of Debt $9,491,125 $-1,538,776 $-2,626,875 $1,456,995
Net Long Term Debt Issuance $9,491,125 $-1,538,776 $-2,626,875 $1,456,995
Long Term Debt Payments $-5,587,686 $-1,538,776 $-2,626,875 $-5,243,005
Long Term Debt Issuance $15,078,811 $0 $0 $6,700,000
Net Investment Purchase And Sale $0 $13,613 $0 -
Sale Of Investment $0 $10,173,057 $0 -
Purchase Of Investment $0 $-10,159,444 $0 -
Net Business Purchase And Sale $0 $-2,500,000 $0 $-800,000
Purchase Of Business $0 $-2,500,000 $0 $-800,000
Net PPE Purchase And Sale $-18,590 $-518,189 $0 $-11,402
Purchase Of PPE $-18,590 $-518,189 $0 $-11,402
Change In Working Capital $6,145,283 $13,192,019 $-13,878,014 $178,754
Change In Other Current Liabilities $-248,069 $148,665 $-13,057,674 $12,968,832
Change In Payables And Accrued Expense $6,279,973 $-3,436,313 $544,249 $154,241
Change In Payable $6,279,973 $-3,436,313 $544,249 $154,241
Change In Account Payable $6,279,973 $-2,866,313 $-25,751 $154,241
Change In Tax Payable $0 $-570,000 $570,000 -
Change In Income Tax Payable $0 $-570,000 $570,000 -
Change In Prepaid Assets $-283,463 $-136,427 $-50,409 $-111,524
Change In Inventory $1,441,795 $7,265,229 $2,139,648 $-6,878,664
Change In Receivables $-1,044,953 $6,535,865 $-395,718 $-5,920,991
Changes In Account Receivables $-1,044,953 $6,535,865 $-395,718 $-5,920,991
Other Non Cash Items $1,401,356 $146,831 $1,290,024 $-305,239
Stock Based Compensation $2,641,725 $8,361,899 $566,710 $0
Asset Impairment Charge $3,476,851 $1,681,649 $90,009 $-59,485
Depreciation Amortization Depletion $1,111,341 $1,292,250 $1,107,582 $988,700
Depreciation And Amortization $1,111,341 $1,292,250 $1,107,582 $988,700
Amortization Cash Flow $0 $222,830 $129,060 $653,507
Amortization Of Intangibles $0 $222,830 $129,060 $653,507
Depreciation $1,111,341 $1,069,420 $978,522 $335,193
Earnings Losses From Equity Investments $0 $-33,864 $-110,203 $89,082
Net Income From Continuing Operations $-36,069,708 $-45,937,774 $20,644,612 $-553,228
Income Tax Paid Supplemental Data - $0 $0 $0
Change In Other Working Capital - $2,815,000 $-3,058,110 $-33,140
Gain Loss On Investment Securities - $-13,613 $576,625 $402,970
Net Intangibles Purchase And Sale - - $0 $-300,000
Purchase Of Intangibles - - $0 $-300,000
Change In Accrued Expense - - $570,000 $0
Provisionand Write Offof Assets - - $0 $51,718
Change In Other Current Assets - - - $0
Gain Loss On Sale Of Business - - - $0
Gain Loss On Sale Of PPE - - - -
Fetched: 2026-06-16