SurgePays (SURG)

Nasdaq Market Closed

SurgePays, Inc. is a US technology and telecommunications company that focuses on bringing mobile connectivity and payment-related services to consumers who are often underserved by traditional retail and financial channels. The company combines wireless service distribution, point-of-sale software, and wholesale enablement tools to help local stores and online channels sell prepaid and value-oriented digital services.

Its business is built around several connected activities. Through its wireless services operations, SurgePays supports mobile offerings that can be activated in stores or through digital acquisition channels. This includes services typically associated with mobile virtual network operator activity, such as customer sign-up, plan management, and prepaid top-ups. The company also provides platform services through its MVNE enablement technology, including its HERO system, which is designed to help retailers process activations and transactions more efficiently.

SurgePays is distinctive because it targets the intersection of telecom, retail technology, and financial access. Its distribution model is intended to reach convenience stores, community retailers, and value-conscious consumers who may prefer prepaid products or need flexible access to essential services. In addition to wireless connectivity, its platform can support transaction processing and other digital services that expand what small retailers can offer at the counter.

For investors, SurgePays represents exposure to the prepaid wireless market, retail digitisation, and technology infrastructure serving lower-income and underbanked customer segments. Its performance depends on subscriber acquisition, retailer adoption, wholesale partnerships, network economics, and the company’s ability to scale its platform while managing the competitive pressures of the telecom and payments industries.

0.53 USD
0.51 USD
−0.03 (-5.57%)
Pre-market

Last updated

Market Cap
13.31M
P/E
P/FCF
P/S
0.21
Enterprise Value
24.84M
Sector
Communication Services
Industry
Telephone Communications, Except Radiotelephone
Address
3124 BROTHER BLVD, BARTLETT, TN, 38133
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Jun 07, 2024, 09:00 A.M.
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SurgePays, Inc. Announces Launch of Prepaid Wireless Brand LinkUp Mobile

Jun 06, 2024, 08:30 A.M.
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Surge Copper Announces $1.6M FT Offering To Accelerate Exploration at Berg Project

Jun 06, 2024, 07:00 A.M.
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SurgePays Announces First Quarter 2024 Financial Results

May 13, 2024, 16:15 P.M.
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SurgePays Announces First Quarter 2024 Earnings Release and Conference Call

May 06, 2024, 16:01 P.M.
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Apr 24, 2024, 16:30 P.M.
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SurgePays to Participate in Water Tower Fireside Chat Series

Apr 18, 2024, 16:55 P.M.
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Surge Copper Outlines Pre-Feasibility Technical Work Programs at Berg and Announces Additional Private Placement for up to $1.0 million

Apr 10, 2024, 07:00 A.M.
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SurgePays Announces Fourth Quarter and Full Year 2023 Financial Results

Mar 12, 2024, 16:01 P.M.
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SurgePays Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Mar 05, 2024, 16:01 P.M.
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Congressman David Kustoff Visits SurgePays Headquarters in Bartlett, Tenn.

Feb 27, 2024, 08:30 A.M.
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SurgePays Taps Derron Winfrey as Vice President

Feb 16, 2024, 08:30 A.M.
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Surge Copper Announces 2023 Surface Exploration Results Identifies New Porphyry Exploration Target Adjacent to Berg

Feb 07, 2024, 07:30 A.M.
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Surge Copper Intersects 418 metres grading 0.38% CuEq including 40 metres grading 0.47% CuEq at the Berg Deposit

Jan 31, 2024, 07:30 A.M.
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SurgePays Announces Strategic Partnership with SIN PIN

Jan 23, 2024, 08:30 A.M.
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SurgePays Announces Closing of $15 Million Public Offering

Jan 22, 2024, 18:00 P.M.
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Surge Copper Intersects 548 metres grading 0.36% CuEq including 30 metres grading 0.61% CuEq at the Berg Deposit

Jan 22, 2024, 07:30 A.M.
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Surge Copper Completes Acquisition of 100% Interest in Berg

Jan 19, 2024, 16:00 P.M.
Market Cap
13.31M
Enterprise Value
24.84M
P/E
P/B
-0.56
P/S
0.21
EV / EBITDA
-0.74
EV / Sales
0.4
EPS
-1.61
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-18.88M
ROE
170.01%
ROA
-426.09%
Debt / Equity
-0.57
Current Ratio
0.26
Quick Ratio
0.25
Cash
0.07
Avg Volume
359.15K
Fundamentals Snapshot Price
0.53

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 15.98M 16.19M 18.68M 11.52M 10.58M
Gross profit -7.7M -2.4M -2.6M -2.65M -2.94M
Operating income -11.2M -12.8M -6.95M -6.81M -7.58M
EBITDA -11.01M -9.13M -6.76M -6.64M -7.33M
Net income -12.05M -13.86M -7.49M -7.08M -7.64M
Basic EPS -0.51 -0.69 -0.38 -0.36 -0.38
Diluted EPS -0.51 -0.69 -0.38 -0.36 -0.38

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 9.5M 8.52M 14.49M 15.22M 15.66M
Total liabilities 33.37M 23.92M 20.92M 15.15M 7.88M
Total equity -23.87M -15.4M -6.42M 61.39K 7.78M
Cash & equivalents 1.99M 1.73M 2.51M 4.4M 5.4M
Current assets 7.78M 6.7M 9M 9.69M 9.85M
Current liabilities 30.04M 18.19M 17.67M 8.7M 5.74M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -4.55M -3.56M -4.65M -6.12M -6.96M
Investing cash flow 0 0 0 -18.59K
Financing cash flow 4.95M 3.06M 2.76M 5.13M -410.55K
Change in cash 402.95K -501.65K -1.89M -993.32K -7.39M
Kind Filing Date Link
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edgar index 144 — SurgePays, Inc. View Filing
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edgar index SCHEDULE 13G — SurgePays, Inc. View Filing
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edgar index 8-K — SurgePays, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — SurgePays, Inc. View Filing
form 4 Form 4 — May David Allen View Filing
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edgar index 4 — SurgePays, Inc. View Filing
edgar index 4 — SurgePays, Inc. View Filing
edgar index 8-K — SurgePays, Inc. View Filing
form 4 Form 4 — Schurfeld Richard Earl View Filing
form 4 Form 4 — Weisberg Laurie View Filing
form 4 Form 4 — KEYS DAVID N View Filing
edgar index 8-K — SurgePays, Inc. View Filing
edgar index 4 — SurgePays, Inc. View Filing
edgar index 8-K — SurgePays, Inc. View Filing
form 4 Form 4 — Cox Kevin Brian View Filing
edgar index 10-Q — SurgePays, Inc. View Filing
edgar index DEF 14A — SurgePays, Inc. View Filing
edgar index 10-K — SurgePays, Inc. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — risk_factors View Filing
edgar index S-8 — SurgePays, Inc. View Filing
edgar index 4 — SurgePays, Inc. View Filing
edgar index 4 — SurgePays, Inc. View Filing
edgar index 144 — SurgePays, Inc. View Filing
form 4 Form 4 — Cox Kevin Brian View Filing
edgar index 144 — SurgePays, Inc. View Filing
form 4 Form 4 — Evers Anthony George View Filing
edgar index 4 — SurgePays, Inc. View Filing
form 4 Form 4 — Weisberg Laurie View Filing
form 4 Form 4 — Weisberg Laurie View Filing
form 4 Form 4 — Weisberg Laurie View Filing