Financial Snapshot

Revenue
$83.60M
TTM
Gross Margin
-34.49%
TTM
Net Earnings
-$22.90M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
624.0%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$33.28M
Q3 2024
Cash
Q3 2024
P/E
-1.638
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $137.1M $121.5M $51.06M $54.41M $25.74M $15.24M $13.46M $3.297M $2.833M $1.880K $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K $0.00 $0.00
YoY Change 12.83% 138.04% -6.15% 111.35% 68.87% 13.26% 308.28% 16.38% 150583.51% -100.0% 0.0% 0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $137.1M $121.5M $51.06M $54.41M $25.74M $15.24M $13.46M $3.297M $2.833M $1.880K $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K $0.00 $0.00
Cost Of Revenue $101.5M $108.1M $44.89M $51.94M $22.62M $8.570M $8.096M $2.328M $2.332M $1.190K $0.00 $0.00 $10.00K $20.00K $40.00K $20.00K $0.00 $0.00
Gross Profit $35.64M $13.47M $6.170M $2.469M $3.119M $6.674M $5.364M $968.3K $500.7K $690.00 $0.00 $0.00 $0.00 -$10.00K -$30.00K -$20.00K $0.00 $0.00
Gross Profit Margin 25.99% 11.08% 12.08% 4.54% 12.12% 43.78% 39.85% 29.37% 17.67% 36.7% -100.0% -300.0% -200.0%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $15.71M $12.84M $11.40M $11.44M $10.66M $8.060M $5.153M $3.269M $1.321M $50.01K $40.00K $650.0K $370.0K $870.0K $650.0K $10.00K $70.00K $20.00K
YoY Change 22.42% 12.56% -0.33% 7.32% 32.26% 56.42% 57.61% 147.57% 2540.55% 25.03% -93.85% 75.68% -57.47% 33.85% 6400.0% -85.71% 250.0%
% of Gross Profit 44.09% 95.29% 184.82% 463.45% 341.73% 120.76% 96.06% 337.64% 263.76% 7247.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.064M $279.9K $759.4K $1.173M $227.3K $149.6K $6.940K $433.1K $501.1K $160.00 $0.00 $0.00 $0.00 $10.00K $10.00K $0.00
YoY Change 280.2% -63.14% -35.28% 416.18% 51.91% 2056.2% -98.4% -13.56% 313081.25% -100.0% 0.0%
% of Gross Profit 2.99% 2.08% 12.31% 47.53% 7.29% 2.24% 0.13% 44.73% 100.09% 23.19%
Operating Expenses $16.78M $12.84M $12.16M $12.61M $10.89M $8.209M $5.160M $3.702M $1.822M $50.16K $40.00K $650.0K $370.0K $880.0K $650.0K $10.00K $70.00K $20.00K
YoY Change 30.71% 5.53% -3.58% 15.86% 32.62% 59.11% 39.36% 103.25% 3531.64% 25.4% -93.85% 75.68% -57.95% 35.38% 6400.0% -85.71% 250.0%
Operating Profit $18.87M $633.8K -$5.993M -$10.15M -$7.768M -$1.535M $204.3K -$2.734M -$1.321M -$49.47K -$40.00K -$650.0K -$370.0K -$890.0K -$680.0K -$30.00K -$70.00K -$20.00K
YoY Change 2876.62% -110.58% -40.93% 30.61% 405.91% -851.65% -107.47% 106.98% 2570.24% 23.67% -93.85% 75.68% -58.43% 30.88% 2166.67% -57.14% 250.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense -$485.8K $400.0K -$3.780M -$3.162M -$197.8K -$240.0K -$24.02K -$1.392M -$15.13K -$40.63K -$40.00K -$10.00K -$40.00K -$50.00K $0.00 $0.00 $0.00 $0.00
YoY Change -221.45% -110.58% 19.55% 1498.47% -17.56% 898.96% -98.27% 9100.93% -62.76% 1.58% 300.0% -75.0% -20.0%
% of Operating Profit -2.57% 63.11% -11.76%
Other Income/Expense, Net -$485.8K -$1.187M -$7.124M $10.00K $5.840K $0.00 $0.00 $10.00K $10.00K $0.00 $0.00 $0.00 $0.00
YoY Change -59.08% -83.34% -71338.5% -100.0% 0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income $18.38M -$553.2K -$13.53M -$10.72M -$8.447M -$1.459M $2.768M -$4.600M -$1.336M -$55.62K -$60.00K -$660.0K -$460.0K -$1.380M -$1.100M -$30.00K -$70.00K -$20.00K
YoY Change -3422.24% -95.91% 26.2% 26.93% 479.02% -152.71% -160.17% 244.3% 2302.19% -7.3% -90.91% 43.48% -66.67% 25.45% 3566.67% -57.14% 250.0%
Income Tax -$2.265M $0.00 $82.23K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income -12.32% 0.0%
Net Earnings $20.62M -$680.8K -$13.53M -$10.72M -$8.447M -$1.541M $2.768M -$4.600M -$1.336M -$55.62K -$60.00K -$660.0K -$460.0K -$1.380M -$1.100M -$30.00K -$70.00K -$20.00K
YoY Change -3128.65% -94.97% 26.2% 26.93% 448.12% -155.68% -160.17% 244.3% 2302.19% -7.3% -90.91% 43.48% -66.67% 25.45% 3566.67% -57.14% 250.0%
Net Earnings / Revenue 15.03% -0.56% -26.5% -19.71% -32.81% -10.11% 20.56% -139.54% -47.16% -2958.51% -13800.0% -11000.0% -300.0%
Basic Earnings Per Share $1.45 -$0.05 -$3.09
Diluted Earnings Per Share $1.38 -$0.05 -$3.088M -$5.023M -$4.391M -$944.7K $1.817M -$5.135M -$40.22K -$59.35K -$63.83K -$702.1K -$554.2K -$2.000M -$1.833M -$3.000M -$7.000M -$2.000M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $14.62M $7.036M $6.284M $674.0K $346.0K $444.6K $1.274M $63.71K $69.49K $320.00 $0.00 $0.00 $0.00 $0.00 $30.00K $190.0K $0.00 $70.00K
YoY Change 107.83% 11.97% 832.27% 94.78% -22.17% -65.11% 1899.94% -8.32% 21615.63% -100.0% -84.21% -100.0%
Cash & Equivalents $14.62M $7.036M $6.284M $674.0K $346.0K $444.6K $1.274M $63.71K $69.49K $320.00 $0.00 $0.00 $0.00 $0.00 $30.00K $190.0K
Short-Term Investments
Other Short-Term Assets $161.9K $111.5K $0.00 $218.2K $157.7K $2.219M $1.691M $568.7K $1.460K $0.00 $0.00 $10.00K $250.0K $90.00K $0.00 $0.00 $0.00
YoY Change 45.2% -100.0% 38.41% -92.89% 31.22% 197.3% 38852.05% -100.0% -96.0% 177.78%
Inventory $9.047M $11.19M $4.359M $178.3K
Prepaid Expenses
Receivables $9.536M $9.230M $3.250M $180.5K $3.056M $206.7K $24.53K $126.4K $275.1K $370.00 $0.00 $0.00 $0.00 $10.00K $40.00K $60.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $14.96K $190.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $33.37M $27.56M $13.89M $1.251M $3.575M $3.060M $2.989M $758.8K $346.0K $690.00 $0.00 $0.00 $10.00K $270.0K $150.0K $240.0K $0.00 $80.00K
YoY Change 21.05% 98.41% 1010.5% -65.01% 16.83% 2.35% 293.95% 119.29% 50050.72% -100.0% -96.3% 80.0% -37.5% -100.0%
Property, Plant & Equipment $1.289M $1.462M $687.1K $605.5K $505.4K $30.99K $25.96K $14.43K $14.42K $1.910K $0.00 $0.00 $0.00 $50.00K $180.0K $520.0K $0.00 $0.00
YoY Change -11.82% 112.76% 13.49% 19.79% 1530.95% 19.38% 79.9% 0.07% 654.97% -100.0% -72.22% -65.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $464.4K $354.2K $443.3K $414.6K $203.7K $500.0K $0.00 $0.00 $0.00 $0.00
YoY Change 31.11% -20.1% 6.92% 103.54%
Other Assets $2.835M $0.00 $61.46K $66.46K $61.46K $61.46K $0.00 $0.00 $10.00K $0.00
YoY Change -100.0% -7.52% 8.14% 0.0% -100.0%
Total Long-Term Assets $8.559M $6.440M $5.608M $6.074M $6.411M $1.025M $87.42K $1.598M $2.281M $1.910K $0.00 $0.00 $0.00 $60.00K $180.0K $600.0K $10.00K $0.00
YoY Change 32.9% 14.84% -7.68% -5.26% 525.82% 1071.93% -94.53% -29.92% 119312.57% -100.0% -66.67% -70.0% 5900.0%
Total Assets $41.93M $34.00M $19.50M $7.325M $9.986M $4.084M $3.077M $2.357M $2.627M $2.600K $0.00 $0.00 $10.00K $330.0K $330.0K $840.0K $10.00K $80.00K
YoY Change
Accounts Payable $7.487M $7.513M $7.992M $1.754M $998.5K $149.9K $334.9K $775.6K $355.6K $0.00 $70.00K $120.0K $90.00K $20.00K $50.00K $20.00K $10.00K $10.00K
YoY Change -0.34% -6.0% 355.71% 75.64% 566.12% -55.25% -56.82% 118.12% -100.0% -41.67% 33.33% 350.0% -60.0% 150.0% 100.0% 0.0%
Accrued Expenses $43.14K $39.49K $49.35K $210.6K $90.94K $0.00 $260.0K $220.0K $0.00 $50.00K $0.00 $0.00
YoY Change 9.24% -19.98% -76.56% 131.54% -100.0% 18.18% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $4.585M $2.650M $1.680M $912.9K $912.9K $0.00 $344.2K $0.00 $0.00 $538.7K $500.0K $430.0K $40.00K $510.0K $0.00 $40.00K $0.00 $0.00
YoY Change 72.99% 57.73% 84.06% 0.0% -100.0% -100.0% 7.74% 16.28% 975.0% -92.16% -100.0%
Long-Term Debt Due $4.653M $736.2K $582.5K $435.0K $1.842M $1.131M $0.00
YoY Change 532.05% 26.38% 33.91% -76.38% 62.85%
Total Short-Term Liabilities $12.71M $23.46M $9.998M $15.30M $7.054M $4.792M $2.811M $4.060M $2.597M $889.2K $830.0K $770.0K $120.0K $610.0K $80.00K $750.0K $10.00K $10.00K
YoY Change -45.85% 134.68% -34.67% 116.95% 47.2% 70.5% -30.77% 56.33% 192.05% 7.14% 7.79% 541.67% -80.33% 662.5% -89.33% 7400.0% 0.0%
Long-Term Debt $460.5K $5.022M $5.512M $1.737M $6.642M $680.0K $0.00 $112.4K $636.6K $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $0.00 $0.00 $0.00
YoY Change -90.83% -8.89% 217.25% -73.84% 876.78% -100.0% -82.34% -100.0%
Other Long-Term Liabilities $356.3K $399.4K $438.9K $1.010M $989.7K $600.5K $883.6K $0.00
YoY Change -10.8% -9.0% -56.55% 2.05% 64.81% -32.03%
Total Long-Term Liabilities $816.8K $5.421M $5.951M $2.747M $7.632M $1.281M $883.6K $112.4K $636.6K $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $0.00 $0.00 $0.00
YoY Change -84.93% -8.9% 116.59% -64.0% 496.0% 44.93% 686.08% -82.34% -100.0%
Total Liabilities $13.68M $29.01M $15.95M $18.05M $14.69M $6.073M $3.694M $4.172M $3.234M $889.2K $830.0K $770.0K $120.0K $610.0K $480.0K $750.0K $10.00K $10.00K
YoY Change -52.86% 81.91% -11.65% 22.91% 141.84% 64.39% -11.46% 29.03% 263.64% 7.14% 7.79% 541.67% -80.33% 27.08% -36.0% 7400.0% 0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 14.26M shares 12.40M shares 4.382M shares
Diluted Shares Outstanding 14.92M shares 12.40M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $37.5 Million

About SurgePays, Inc.

SurgePays, Inc. operates as a technology-driven company, which focuses on building a supply chain software platform as an alternative to traditional wholesale supply chain distribution models. The company is headquartered in Bartlett, Tennessee and currently employs 22 full-time employees. The company went IPO on 2007-07-24. The firm provides mobile broadband to low-income consumers nationwide. Its segments include Mobile Virtual Network Operators, Comprehensive Platform Services and Lead Generation. Mobile Virtual Network Operators segment provides mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through its subsidiaries, SurgePhone Wireless, LLC and Torch Wireless, LLC. Comprehensive Platform Services segment provides financial technology and a wireless top-up platform to independently owned convenience stores throughout the country via its subsidiaries, SurgePays Fintech, ECS Prepaid, LLC, Electronic Check Services, Inc. and Central States Legal Services, Inc. Lead Generation segment provides lead generation and case management solutions, primarily to the law firms in the mass tort industry.

Industry: Telephone Communications (No Radiotelephone) Peers: Aerkomm Inc. KonaTel, Inc. FingerMotion, Inc. Gogo Inc. KORE Group Holdings, Inc. T-Mobile US, Inc. SHENANDOAH TELECOMMUNICATIONS CO/VA/ Spok Holdings, Inc TELEPHONE & DATA SYSTEMS INC /DE/