SurgePays, Inc. (SURG) Financials

$1.79

south_east
-$0.39 (-17.89%)
Day's range
$1.76
Day's range
$2.5

SURG Income statement / Annual

Last year (2024), SurgePays, Inc.'s total revenue was $60.88 M, a decrease of 55.61% from the previous year. In 2024, SurgePays, Inc.'s net income was -$45.73 M. See SurgePays, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $60.88 M $137.14 M $121.54 M $51.06 M $54.41 M $25.74 M $15.24 M $1.43 M $3.30 M $2.83 M
Cost of Revenue $75.21 M $101.50 M $108.07 M $44.89 M $51.94 M $20.31 M $8.57 M $733,033.00 $2.33 M $2.33 M
Gross Profit -$14.32 M $35.64 M $13.47 M $6.17 M $2.47 M $5.44 M $6.67 M $696,839.00 $968,280.00 $500,659.00
Gross Profit Ratio -0.24 0.26 0.11 0.12 0.05 0.21 0.44 0.49 0.29 0.18
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $27.46 M $15.56 M $11.65 M $10.74 M $9.42 M $10.88 M $0.00 $0.00 $3.16 M $1.19 M
Selling & Marketing Expenses $0.00 $152,851.00 $259,393.00 $661,238.00 $273,031.00 $1.12 M $8.06 M $2.65 M $73,924.00 $36,601.00
Selling, General & Administrative Expenses $27.46 M $15.71 M $11.91 M $11.40 M $9.69 M $11.99 M $8.06 M $2.65 M $3.23 M $1.22 M
Other Expenses $0.00 $0.00 $931,593.00 $759,383.00 $1.17 M $227,322.00 $43,117.00 $9,585.00 $5,844.00 $0.00
Operating Expenses $27.46 M $16.78 M $12.84 M $12.16 M $10.86 M $12.22 M $8.21 M $2.77 M $3.67 M $1.72 M
Cost And Expenses $102.66 M $118.28 M $120.92 M $57.05 M $62.80 M $32.53 M $16.78 M $3.50 M $5.99 M $4.06 M
Interest Income $105,395.00 $0.00 $1.96 M $7.52 M $1.42 M $227,016.00 $0.00 $0.00 $0.00 $65.00
Interest Expense $554,200.00 $595,975.00 $1.96 M $7.52 M $3.38 M $227,016.00 $140,457.00 $416,959.00 $1.66 M $15,201.00
Depreciation & Amortization $1.29 M $1.11 M $988,700.00 $917,468.00 $1.37 M $282,930.00 $149,642.00 $119,262.00 $433,118.00 $501,091.00
EBITDA -$41.22 M $20.08 M $1.86 M -$5.23 M -$5.40 M -$7.94 M -$1.17 M -$1.44 M -$2.51 M -$819,816.00
EBITDA Ratio -0.68 0.15 0.02 -0.14 -0.08 -0.27 -0.09 -1.36 -0.68 -0.26
Operating Income Ratio -0.69 0.14 0.01 -0.12 -0.15 -0.26 -0.1 -1.45 -0.94 -0.47
Total Other Income/Expenses Net -$1.29 M -$485,772.00 -$1.19 M -$7.54 M -$575,959.00 -$678,998.00 $76,621.00 -$2.18 M -$2.33 M -$15,136.00
Income Before Tax -$43.07 M $18.38 M -$553,228.00 -$13.53 M -$10.72 M -$8.45 M -$1.46 M -$1.98 M -$4.60 M -$1.34 M
Income Before Tax Ratio -0.71 0.13 -0 -0.27 -0.2 -0.33 -0.1 -1.38 -1.4 -0.47
Income Tax Expense $2.87 M -$2.27 M -$404,375.00 $5.27 M $6.18 M -$228,979.00 $82,230.00 $426,544.00 $1.67 M $15,201.00
Net Income -$45.73 M $20.62 M -$148,853.00 -$18.80 M -$16.90 M -$8.22 M -$1.54 M -$1.98 M -$4.60 M -$1.34 M
Net Income Ratio -0.75 0.15 -0 -0.37 -0.31 -0.32 -0.1 -1.38 -1.4 -0.47
EPS -2.39 1.45 -0.012 -4.29 -7.92 -4.27 -0.94 -1.3 -5.13 -2.01
EPS Diluted -2.39 1.38 -0.012 -4.29 -7.92 -4.27 -0.94 -1.3 -5.13 -2.01
Weighted Average Shares Out $19.12 M $14.26 M $12.40 M $4.38 M $2.13 M $1.92 M $1.63 M $1.52 M $895,926.00 $664,422.00
Weighted Average Shares Out Diluted $19.12 M $14.92 M $12.40 M $4.38 M $2.13 M $1.92 M $1.63 M $1.52 M $895,926.00 $664,422.00
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