SurgePays, Inc. financial data

Symbol
SURG, SURGW 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-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 512 % +217%
Quick Ratio 96.9 % +34%
Debt-to-equity 27.7 % -85.1%
Return On Equity -55.8 % -138%
Return On Assets -43.7 % -184%
Operating Margin 11.9 % +152%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.2M shares +41.7%
Common Stock, Shares, Outstanding 19.7M shares +37%
Entity Public Float 62.6M USD +77.6%
Common Stock, Value, Issued 19.9K USD +39%
Weighted Average Number of Shares Outstanding, Basic 19.7M shares +37.8%
Weighted Average Number of Shares Outstanding, Diluted 19.7M shares +35.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 134M USD -1.02%
Revenue from Contract with Customer, Excluding Assessed Tax 83.6M USD -40.7%
Cost of Revenue 79.3M USD -25.3%
Costs and Expenses 106M USD -11.2%
Operating Income (Loss) -22.5M USD -205%
Nonoperating Income (Expense) 1.02K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -22.2M USD -304%
Income Tax Expense (Benefit) 2.55M USD
Net Income (Loss) Attributable to Parent -22.9M USD -211%
Earnings Per Share, Basic -1.11 USD/shares -174%
Earnings Per Share, Diluted -1.14 USD/shares -179%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 13.7M USD
Marketable Securities, Current 10.1M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.51M USD -84.5%
Inventory, Net 8.36M USD -42.5%
Assets, Current 33.9M USD -8.97%
Property, Plant and Equipment, Net 158K USD -63.4%
Operating Lease, Right-of-Use Asset 62.8K USD -84.3%
Intangible Assets, Net (Excluding Goodwill) 1.64M USD -28.5%
Goodwill 4.17M USD +150%
Assets 41.5M USD -4.02%
Liabilities, Current 5.43M USD -62.5%
Operating Lease, Liability, Noncurrent 13.1K USD -96.4%
Liabilities 8.22M USD -57.6%
Retained Earnings (Accumulated Deficit) -41.1M USD -126%
Stockholders' Equity Attributable to Parent 33.2M USD +39.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 33.3M USD +39.6%
Liabilities and Equity 41.5M USD -4.02%

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 19.9M shares +39%
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 8.04M USD
Deferred Tax Assets, Gross 8.26M USD
Operating Lease, Liability 63.5K USD -84.5%
Depreciation 352K USD -22.6%
Payments to Acquire Property, Plant, and Equipment 11.4K USD +336%
Lessee, Operating Lease, Liability, to be Paid 65.4K USD -86.6%
Property, Plant and Equipment, Gross 1.09M USD 0%
Operating Lease, Liability, Current 50.4K USD +19.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 65K USD +2.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 52.8K USD -14.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.89K USD -97.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 66.6K USD
Deferred Tax Assets, Operating Loss Carryforwards 8.08M USD
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 74.7M USD +78.4%
Current Federal Tax Expense (Benefit) 130K USD
Amortization of Intangible Assets 654K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 221K USD
Interest Expense 400K USD