SurgePays, Inc. (SURG) — Financial statements
Income statement, balance sheet, and cash flow for SurgePays, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 57↓6.4% | 61↓55.6% | 137↑12.8% | 122↑138.0% | 51 | |
| Cost of Revenue | 68↓10.2% | 75↓25.9% | 101↓6.1% | 108↑140.8% | 45 | |
| Gross Profit | -11↑26.1% | -14↓140.2% | 36↑164.6% | 13↑118.3% | 6 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 20↓23.3% | 26↑68.3% | 16↑33.5% | 12↑8.7% | 11 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.11↓28.7% | 0.15↓41.1% | 0.26↓60.8% | 0.66 | |
| SG&A Expenses | 20↓23.7% | 26↑67.3% | 16↑31.9% | 12↑4.7% | 11 | |
| Other Expenses | 3↑198.4% | 1↑9.5% | 1↑15.2% | 0.92↑17.8% | 0.78 | |
| Operating Expenses | 24↓14.2% | 27↑63.7% | 17↑30.7% | 13↑5.5% | 12 | |
| Total Costs & Expenses | 91↓11.3% | 103↓13.2% | 118↓2.2% | 121↑111.9% | 57 | |
| Operating Results | ||||||
| Operating Income | -34↑18.3% | -42↓321.5% | 19↑2876.6% | 0.63↑110.6% | -6 | |
| Depreciation & Amortization | 1↓14.0% | 1↑16.7% | 1↑12.0% | 0.99↑7.8% | 0.92 | |
| EBITDA | -33↑19.9% | -41↓305.3% | 20↑738.8% | 2↑147.0% | -5 | |
| EBIT | -34↑19.7% | -43↓324.0% | 19↑1250.0% | 1↑123.4% | -6 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓332.3% | -0.45↑24.7% | -0.60↑69.6% | -2↑73.9% | -8 | |
| Interest Income | 0.06↓39.3% | 0.11 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 2↑261.6% | 0.55↓7.0% | 0.60↓69.6% | 2↓73.9% | 8 | |
| Non-Operating Income | 0.00↓100.0% | 0.73↑763.5% | -0.11↑85.7% | -0.77↓3803.6% | 0.02 | |
| Other Income / Expenses | -2↓50.4% | -1↓164.6% | -0.49↑59.1% | -1↑84.3% | -8 | |
| Income Before Tax | -36↑16.2% | -43↓334.3% | 18↑3422.2% | -0.55↑95.9% | -14 | |
| Income Tax Expense | 0.00↓100.0% | 3↑226.7% | -2 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -36↑21.5% | -46↓322.5% | 21↑3831.7% | -0.55↑95.9% | -14 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -36↑21.1% | -46↓321.8% | 21↑3128.6% | -0.68↑95.0% | -14 | |
| Bottom-Line Net Income | -36↑21.1% | -46↓321.8% | 21↑3128.6% | -0.68↑95.0% | -14 | |
| EPS (Basic) | -1.80↑24.7% | -2.39↓264.8% | 1.45↑2741.2% | -0.05↑98.2% | -3.09 | |
| EPS (Diluted) | -1.80↑24.7% | -2.39↓273.2% | 1.38↑2613.7% | -0.05↑98.2% | -3.09 | |
| Weighted Average Shares | 20↑5.1% | 19↑34.1% | 14↑15.0% | 12↑182.9% | 4 | |
| Weighted Average Diluted Shares | 20↑5.1% | 19↑28.1% | 15↑20.4% | 12↑182.9% | 4 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.