Saturday 17 October 2026
Export SURG’s income statement to Excel — free account
SurgePays, Inc.
SURG Communication Services Telecom Services
SurgePays, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $57.0 million, down 6.44% from fiscal 2024. In the quarter to June 2026, revenue grew 40.7%, EPS grew 113.9%, free cash flow grew 57.0% and total debt fell 38.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
0.12
0.01
−7.69%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
3 | 2 | 6 | 5 | 3 | 4 | 1 | 2 | — | — |
P/E ratio |
0.00 | 0.00 | 4.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
(23.22) | (4.07) | 8.92 | 4.00 | (0.34) | (3.21) | 57.02 | 154.28 | 486.96 | (9.58) |
P/S ratio |
0.59 | 0.56 | 0.74 | 0.68 | 0.17 | 0.23 | 56.05 | 101.67 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
(73.38) | (15.39) | 7.28 | (2.33) | (6.39) | (32.45) | (11.40) | (7.59) | 0.00 | (33.57) |
P/FCF ratio |
0.00 | 0.00 | 10.12 | 869.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
— | — | (1.37) | (1.23) | 14.24 | (5.69) | 6.46 | 30.82 | 3.19 | — |
P/Operating CF |
(9.41) | (4.31) | 51.71 | 17.35 | (1.09) | (13.28) | (914.27) | (1,287.19) | 0.00 | 0.00 |
P/B ratio |
0.00 | 2.23 | 3.56 | 16.08 | 2.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
0.00 | 3.24 | 4.11 | 122.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
0.74 | 0.47 | 0.67 | 0.70 | 0.25 | 0.28 | 56.34 | 101.71 | 0.00 | 0.00 |
EV/EBITDA |
0.00 | 0.00 | 4.61 | 49.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(1.98) | (1.34) | 8.94 | 107.41 | (0.85) | (3.48) | (222.02) | (1,525.99) | 0.00 | 0.00 |
EV/FCF |
(1.93) | (1.30) | 9.19 | 899.77 | (0.85) | (3.48) | (204.50) | (1,525.99) | 0.00 | 0.00 |
Quick Ratio |
0.33 | 2.61 | 1.90 | 0.69 | 0.95 | 0.05 | 0.48 | 0.14 | 0.46 | 0.05 |
Current Ratio |
0.38 | 2.95 | 2.63 | 1.17 | 1.39 | 0.08 | 0.51 | 0.64 | 1.06 | 0.19 |
Net Debt/EBITDA |
(0.12) | 0.25 | (0.71) | (1.16) | 0.55 | (0.37) | (1.03) | (0.45) | 0.74 | (0.97) |
Debt/Assets |
66.10% | 9.74% | 1.10% | 14.77% | 28.27% | 42.98% | 80.15% | 26.32% | 46.51% | 97.19% |
Debt/Equity |
(0.37) | 0.15 | 0.02 | 0.98 | 1.55 | (0.29) | (1.70) | (0.54) | (2.32) | (1.26) |
Asset Turnover |
3.51 | 1.85 | 3.61 | 4.54 | 3.81 | 6.29 | 3.66 | 4.26 | 4.95 | 1.20 |
Operating CF/Net income |
0.59 | 0.47 | 0.50 | (1.17) | 1.13 | 0.40 | 0.77 | 0.66 | 0.08 | 0.15 |
Capex/Depreciation |
0.00 | (0.24) | (0.25) | (0.63) | (0.01) | 0.00 | (0.65) | (2.22) | 0.00 | 0.00 |
Interest Coverage |
(17.04) | (78.43) | 31.65 | 0.34 | (1.56) | (2.11) | (34.22) | (10.93) | 8.51 | (3.29) |
| 51,089.09% | (209.45%) | 123.01% | (15.71%) | 377.13% | 138.88% | 251.58% | 117.55% | (226.39%) | 749.28% | |
| (222.02%) | (138.78%) | 54.31% | (2.54%) | (100.88%) | (123.87%) | (120.07%) | (43.04%) | 101.87% | (167.19%) | |
ROIC |
0.00% | (565.13%) | 82.79% | 12.76% | (134.75%) | 0.00% | (164.10%) | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
333.76% | (368.73%) | 98.07% | (14.35%) | (330.44%) | 75.65% | 265.25% | 90.59% | 1,350.85% | 139.96% |
Average Days of Receivables |
25.92 | 17.99 | 25.38 | 27.72 | 23.23 | 1.21 | 43.33 | 4.95 | 0.15 | 13.99 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
35.24% | 45.10% | 12.23% | 10.56% | 23.82% | 23.19% | 41.41% | 52.87% | 38.28% | 99.17% |
Intangible Assets out of Total Assets |
0.10 | 0.20 | 0.09 | 0.13 | 0.22 | 0.68 | 0.56 | 0.23 | 0.31 | 0.46 |
Share Based Compensation of Revenue |
5.76% | 14.41% | 1.77% | 0.12% | 0.01% | 0.34% | 1.28% | 1.04% | 0.00% | 0.00% |
Graham Net Nets |
(0.50) | 0.27 | 0.20 | (0.02) | (0.23) | (1.33) | (0.01) | 0.00 | 0.00 | 0.00 |
Graham Number |
5.59 | 0.00 | 8.06 | 0.00 | 0.00 | 23.84 | 0.31 | 0.10 | 0.00 | 0.00 |
Earnings Yield |
(108.38%) | (131.46%) | 20.42% | (0.60%) | (163.79%) | (85.16%) | (0.59%) | (0.10%) | (0.10%) | (0.10%) |
Free Cash Flow Yield |
(65.08%) | (64.51%) | 9.88% | 0.12% | (173.30%) | (34.41%) | (0.49%) | (0.07%) | 0.00% | 0.00% |
Revenue per Share |
2.84 | 3.18 | 9.62 | 9.81 | 11.65 | 25.50 | 0.27 | 0.19 | 0.18 | 3.68 |
Operating CF per Share |
(1.06) | (1.11) | 0.72 | 0.06 | (3.49) | (2.03) | (0.07) | (0.01) | 0.00 | (0.79) |
Capex per Share |
0.00 | (0.03) | (0.02) | (0.06) | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
(1.06) | (1.14) | 0.70 | 0.01 | (3.50) | (2.03) | (0.07) | (0.02) | 0.00 | (0.79) |
Cash per Share |
0.10 | 0.67 | 1.03 | 0.57 | 1.43 | 0.32 | 0.00 | 0.01 | 0.02 | 0.07 |
Shareholders Equity per Share |
(0.77) | 0.80 | 1.99 | 0.41 | 0.81 | (5.03) | (0.05) | (0.02) | (0.01) | (2.03) |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(0.77) | 0.80 | 1.99 | 0.41 | 0.81 | (5.03) | (0.05) | (0.02) | (0.01) | (2.03) |
Free Cash Flow |
(21.31) | (21.83) | 10.01 | 0.09 | (15.34) | (4.33) | (6.76) | (1.35) | 0.23 | (0.70) |
Working Capital |
(11.21) | 11.81 | 20.66 | 4.10 | 3.89 | (14.41) | (3.48) | (1.73) | 0.18 | (3.30) |
Capital Expenditures |
(0.02) | (0.52) | (0.28) | (0.70) | (0.05) | (0.01) | (0.23) | (0.33) | (0.15) | 0.00 |
Net Current Asset Value |
(16.94) | 9.16 | 19.84 | (1.32) | (2.06) | (16.80) | (11.11) | (3.01) | (0.70) | (3.41) |
EV/EBIT |
0.00 | 0.00 | 4.88 | 134.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 |
Price to Operating Income |
0.00 | 0.00 | 5.37 | 129.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
12.80 | 3.65 | 3.06 | 1.72 | 22.93 | 14.31 | 1.19 | 4.83 | 0.27 | 30.08 |
Cash ROIC |
274.62% | (71.83%) | 23.01% | 0.55% | (99.96%) | 62.75% | (185.20%) | 287.41% | 10.91% | (130.54%) |
Accounts Receivable Turnover |
16.17 | 9.71 | 14.62 | 19.48 | 29.77 | 33.62 | 15.78 | 143.68 | 204.09 | 36.15 |
Accounts Payable Turnover |
9.34 | 12.96 | 13.53 | 13.94 | 5.42 | 7.86 | 5.73 | 3.46 | 6.55 | 4.35 |
Inventory Turnover |
63.70 | 13.89 | 10.03 | 13.90 | 19.79 | 22.89 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
55.85 | 20.01 | 26.93 | 25.37 | 64.99 | 60.31 | 74.80 | 138.59 | 76.48 | 102.51 |
Days of Inventory on Hand |
1.83 | 8.65 | 32.53 | 37.78 | 35.44 | 1.25 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
3.52 | 6.27 | 9.38 | 6.24 | 1.72 | 1.62 | 1.63 | 0.11 | 0.07 | 0.09 |
Average Payables |
7.23 | 5.80 | 7.50 | 7.75 | 8.29 | 6.61 | 3.95 | 2.48 | 1.24 | 0.64 |
Average Inventory |
1.06 | 5.41 | 10.12 | 7.77 | 2.27 | 2.27 | — | — | — | — |
Average Assets |
16.25 | 32.95 | 37.96 | 26.75 | 13.41 | 8.66 | 7.04 | 3.58 | 2.72 | 2.75 |
Average Common Equity |
(0.07) | 21.83 | 16.76 | 4.33 | (3.59) | (7.72) | (3.36) | (1.31) | (1.22) | (0.61) |
Columns are period end dates