SurgePays, Inc. financial data

Symbol
SURG on Nasdaq
Industry
Telephone Communications (No Radiotelephone)
Location
3124 Brother Blvd, Suite 104, Bartlett, TN
State of incorporation
NV
Fiscal year end
December 31
Former names
Surge Holdings, Inc. (to 11/4/2020), KSIX Media Holdings, Inc. (to 12/28/2017), NORTH AMERICAN ENERGY RESOURCES, INC. (to 6/10/2015), North American Energy Resources, Inc. (to 6/10/2015), Mar Ked Mineral Exploration, Inc. (to 8/11/2008)
Latest financial report
10-K - Q4 2024 - Mar 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 580 % +198%
Quick Ratio 93.9 % +17.1%
Debt-to-equity 26.9 % -75.8%
Return On Equity -121 % -216%
Return On Assets -95.5 % -292%
Operating Margin 11.9 % +152%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.4M shares +5.81%
Common Stock, Shares, Outstanding 20.1M shares +39.3%
Entity Public Float 43.7M USD -30.2%
Common Stock, Value, Issued 20.4K USD +41.9%
Weighted Average Number of Shares Outstanding, Basic 19.1M shares +34.1%
Weighted Average Number of Shares Outstanding, Diluted 19.1M shares +28.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 134M USD -1.02%
Revenue from Contract with Customer, Excluding Assessed Tax 60.9M USD -55.6%
Cost of Revenue 75.2M USD -25.9%
Costs and Expenses 103M USD -13.2%
Operating Income (Loss) -41.8M USD -321%
Nonoperating Income (Expense) 1.02K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -43.1M USD -334%
Income Tax Expense (Benefit) 2.55M USD
Net Income (Loss) Attributable to Parent -45.7M USD -322%
Earnings Per Share, Basic -2.39 USD/shares -265%
Earnings Per Share, Diluted -2.39 USD/shares -273%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.8M USD -19.4%
Marketable Securities, Current 10.1M USD
Accounts Receivable, after Allowance for Credit Loss, Current 3M USD -68.5%
Inventory, Net 1.78M USD -80.3%
Assets, Current 17.9M USD -46.4%
Property, Plant and Equipment, Net 591K USD +63.4%
Operating Lease, Right-of-Use Asset 565K USD +45.6%
Intangible Assets, Net (Excluding Goodwill) 1.47M USD -30.7%
Goodwill 3.3M USD +98%
Assets 24M USD -42.8%
Liabilities, Current 6.06M USD -52.3%
Operating Lease, Liability, Noncurrent 319K USD -10.4%
Liabilities 8.71M USD -35.6%
Retained Earnings (Accumulated Deficit) -60.9M USD -301%
Stockholders' Equity Attributable to Parent 15.3M USD -45.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 15.3M USD -46.3%
Liabilities and Equity 24M USD -42.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.04M USD +41%
Net Cash Provided by (Used in) Financing Activities 24.3M USD
Net Cash Provided by (Used in) Investing Activities -157K USD -1277%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 20.4M shares +41.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 28.3M USD +1451%
Interest Paid, Excluding Capitalized Interest, Operating Activities 129K USD +28.9%
Deferred Tax Assets, Valuation Allowance 12.6M USD +1500%
Deferred Tax Assets, Gross 12.9M USD +234%
Operating Lease, Liability 567K USD +42%
Depreciation 352K USD -22.6%
Lessee, Operating Lease, Liability, to be Paid 619K USD +30.4%
Property, Plant and Equipment, Gross 1.61M USD +47.6%
Operating Lease, Liability, Current 248K USD +475%
Lessee, Operating Lease, Liability, to be Paid, Year Two 236K USD +221%
Lessee, Operating Lease, Liability, to be Paid, Year One 282K USD +356%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +60%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 51.3K USD -31.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 101K USD +54.6%
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +223%
Deferred Federal Income Tax Expense (Benefit) 293K USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 61.1K USD
Operating Lease, Payments 9.55K USD -56.7%
Additional Paid in Capital 76.8M USD +77%
Current Federal Tax Expense (Benefit) 130K USD
Amortization of Intangible Assets 654K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 232K USD -92.4%
Interest Expense 400K USD