📊 SURG Key Takeaways
Is SurgePays, Inc. (SURG) a Good Investment?
SurgePays faces imminent insolvency with negative stockholders' equity of -$23.8M and a critical liquidity crisis (current ratio 0.27x). The company is burning $4.6M annually in free cash flow with only $2.0M cash on hand (~5 month runway) while generating -$12.1M net losses on flat $16.0M revenues, making debt service unsustainable without restructuring or emergency capital infusion.
SurgePays, Inc. Key Strengths (SURG)
- Company maintains $2.0M cash position providing near-term runway
- Gross profit of $2.5M demonstrates some revenue monetization capability
- Essential services sector (telecommunications) has structural demand
SURG Stock Risks: SurgePays, Inc. Investment Risks
- Negative stockholders' equity of -$23.8M indicates technical insolvency
- Severe liquidity crisis: current ratio 0.27x cannot cover near-term obligations
- Operating margin of -70.1% with negative free cash flow of -$4.6M: company is rapidly depleting cash reserves
- Zero revenue growth paired with rising losses suggests business model deterioration
- Long-term debt of $12.3M cannot be serviced with negative operating income (-28.0x interest coverage)
- Extreme net margin of -75.4% indicates fundamental business model failure
Key Metrics to Watch
- Monthly cash burn rate and cash runway to insolvency
- Revenue growth and path to operating cash flow breakeven
- Debt refinancing status and covenant compliance
- Quarterly operating loss trend and cost reduction initiatives
- Potential equity dilution from capital raises or debt-to-equity conversions
SurgePays, Inc. (SURG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SURG Profit Margin, ROE & Profitability Analysis
SURG vs Telecom Sector: How SurgePays, Inc. Compares
How SurgePays, Inc. compares to Telecom sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SurgePays, Inc. Stock Overvalued? SURG Valuation Analysis 2026
Based on fundamental analysis, SurgePays, Inc. has mixed fundamental signals relative to the Telecom sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SurgePays, Inc. Balance Sheet: SURG Debt, Cash & Liquidity
SURG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SurgePays, Inc.'s revenue has grown significantly by 12% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.39 indicates the company is currently unprofitable.
SURG Revenue Growth, EPS Growth & YoY Performance
SURG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $10.6M | -$7.6M | $-0.38 |
| Q3 2025 | $4.8M | $1.2M | $-0.38 |
| Q2 2025 | $11.5M | $1.2M | $-0.36 |
| Q1 2025 | $10.6M | $1.2M | $0.07 |
| Q3 2024 | $4.8M | $1.2M | $0.49 |
| Q2 2024 | $15.1M | $1.2M | $0.40 |
| Q1 2024 | $31.4M | $1.2M | $0.07 |
| Q3 2023 | $34.2M | -$973.0K | $-0.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SurgePays, Inc. Dividends, Buybacks & Capital Allocation
SURG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SurgePays, Inc. (CIK: 0001392694)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SURG
What is the AI rating for SURG?
SurgePays, Inc. (SURG) has an AI grade of D with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SURG's key strengths?
Claude: Company maintains $2.0M cash position providing near-term runway. Gross profit of $2.5M demonstrates some revenue monetization capability.
What are the risks of investing in SURG?
Claude: Negative stockholders' equity of -$23.8M indicates technical insolvency. Severe liquidity crisis: current ratio 0.27x cannot cover near-term obligations.
What is SURG's revenue and growth?
SurgePays, Inc. reported revenue of $16.0M.
Does SURG pay dividends?
SurgePays, Inc. does not currently pay dividends.
Where can I find SURG SEC filings?
Official SEC filings for SurgePays, Inc. (CIK: 0001392694) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SURG's EPS?
SurgePays, Inc. has a diluted EPS of $-0.51.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is SURG's fundamental grade?
Based on our AI fundamental analysis in May 2026, SurgePays, Inc. has a D grade with 95% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SURG stock overvalued or undervalued?
Valuation metrics for SURG: ROE of N/A (sector avg: 15%), net margin of -75.4% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.
What is SURG's AI grade for 2026?
Our dual AI analysis gives SurgePays, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SURG's free cash flow?
SurgePays, Inc.'s operating cash flow is $-4.6M, with capital expenditures of $18.6K. FCF margin is -28.6%.
How does SURG compare to other Telecom stocks?
Vs Telecom sector averages: Net margin -75.4% (avg: 14%), ROE N/A (avg: 15%), current ratio 0.27 (avg: 1).