SURG - Surge Holdings, Inc. Stock Price, Fair Value and News

3.39USD+0.06 (+1.80%)Market Closed

Market Summary

USD3.39+0.06

Market Closed

1.80%

SURG Stock Price

View Fullscreen

SURG RSI Chart

SURG Valuation

Market Cap

65.4M

Price/Earnings (Trailing)

3.17

Price/Sales (Trailing)

0.48

EV/EBITDA

2.86

Price/Free Cashflow

6.36

SURG Price/Sales (Trailing)

SURG Profitability

Operating Margin

25.99%

EBT Margin

13.40%

Return on Equity

72.99%

Return on Assets

49.18%

Free Cashflow Yield

15.73%

SURG Fundamentals

SURG Revenue

Revenue (TTM)

137.1M

Rev. Growth (Yr)

-10.79%

Rev. Growth (Qtr)

-5.39%

SURG Earnings

Earnings (TTM)

20.6M

Earnings Growth (Yr)

-0.77%

Earnings Growth (Qtr)

-57.35%

Breaking Down SURG Revenue

Last 7 days

-9.1%

Last 30 days

-12.2%

Last 90 days

-46.9%

How does SURG drawdown profile look like?

SURG Financial Health

Current Ratio

2.63

Debt/Equity

0.18

Debt/Cashflow

2.04

SURG Investor Care

Shares Dilution (1Y)

13.54%

Diluted EPS (TTM)

1.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	135.2M	143.1M	141.1M	137.1M
2022	61.2M	77.8M	99.5M	121.5M
2021	49.6M	46.5M	48.2M	51.1M
2020	37.6M	48.7M	56.6M	54.4M
2019	15.8M	15.2M	16.0M	25.7M
2018	15.1M	15.8M	16.5M	15.2M
2017	2.4M	4.7M	7.6M	12.1M
2016	3.3M	3.7M	3.9M	3.3M
2015	2.7M	2.7M	2.8M	2.8M
2014	2.9M	0	0	2.8M
2013	0	0	0	0
2012	0	0	0	0
2011	0	4.9K	0	0
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Surge Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 18, 2023	may david allen	acquired	-	-	15,000	-
Aug 15, 2023	cox kevin brian	bought	24,544	4.72	5,200	chief executive officer
Aug 08, 2023	keys david n	acquired	-	-	32,000	-
Aug 08, 2023	schurfeld richard earl	acquired	-	-	24,000	-
Aug 08, 2023	weisberg laurie	acquired	-	-	24,000	-
Dec 28, 2022	cox kevin brian	acquired	-	-	3,150,000	chief executive officer
Aug 31, 2022	cox kevin brian	bought	21,500	4.3	5,000	chief executive officer
Aug 18, 2022	cox kevin brian	bought	33,360	4.76571	7,000	chief executive officer
Jun 03, 2022	mott john	bought	2,265	4.53	500	chief technology officer
Jun 02, 2022	cox kevin brian	bought	21,511	4.39	4,900	chief executive officer

Which funds bought or sold SURG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	sold off	-100	-23,214	-	-%
Apr 18, 2024	Miracle Mile Advisors, LLC	new	-	20,349	20,349	-%
Apr 12, 2024	IMC-Chicago, LLC	new	-	221,144	221,144	-%
Apr 12, 2024	Ausdal Financial Partners, Inc.	sold off	-100	-81,863	-	-%
Apr 12, 2024	Ausdal Financial Partners, Inc.	sold off	-100	-73,227	-	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-1.19	800,676	3,013,340	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	226	198,406	255,188	-%
Mar 01, 2024	Creekmur Asset Management LLC	new	-	5,386	5,386	-%
Feb 26, 2024	Privium Fund Management B.V.	added	3.14	717,677	1,286,380	0.36%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	new	-	136,000	136,000	0.01%

Are Funds Buying or Selling SURG?

Are funds buying SURG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SURG

No. of Funds

Recent SEC filings of Surge Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	8-K	Current Report
Mar 12, 2024	DEF 14A	DEF 14A
Mar 12, 2024	10-K	Annual Report
Feb 23, 2024	8-K	Current Report
Feb 12, 2024	8-K	Current Report
Feb 05, 2024	S-8	Employee Benefits Plan
Jan 22, 2024	8-K	Current Report
Jan 19, 2024	424B5	Prospectus Filed
Jan 17, 2024	424B5	Prospectus Filed
Jan 17, 2024	3	Insider Trading

Peers (Alternatives to Surge Holdings, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	264.8B	34.9B	-10.72%	42.56%	64.03	7.6	11.18%	1888.46%
UBER	143.9B	37.3B	-11.08%	133.42%	76.24	3.86	16.95%	120.64%
ADSK	46.3B	5.3B	-17.31%	13.94%	50.48	8.66	9.15%	48.14%
ANSS	28.4B	2.3B	-6.55%	5.04%	56.85	12.53	9.90%	-4.45%
ZM	18.4B	4.5B	-8.02%	-0.65%	28.79	4.05	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-12.57%	74.15%	2.9K	12.49	31.48%	103.97%
LYFT	6.2B	4.4B	-18.24%	59.70%	-18.17	1.4	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-11.04%	37.40%	40.51	3.69	4.64%	44.42%
AI	2.7B	296.4M	-18.11%	25.27%	-9.83	9.01	11.14%	-3.59%
AGYS	2.3B	228.1M	5.08%	7.59%	26.17	10.02	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	185.7M	572.4M	-26.32%	-84.78%	-0.94	0.32	-19.38%	-489.49%
ASUR	180.2M	119.1M	-7.71%	-47.86%	-19.56	1.51	24.27%	36.31%
AEYE	174.0M	31.3M	42.67%	140.00%	-29.64	5.56	4.69%	43.72%

Surge Holdings, Inc. News

Latest updates

Surge Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-5.4%	32,318,122	34,160,834	35,886,433	34,776,443	36,226,330	36,171,345	28,005,144	21,141,372	14,155,288	14,538,353	11,377,928	10,988,948	11,302,021	12,802,172	14,514,796	15,787,799	13,447,884	4,901,864	3,454,420	3,938,773	3,707,565
Cost Of Revenue	5.1%	24,876,429	23,680,247	25,860,705	27,081,960	29,502,354	34,250,541	25,814,153	18,507,741	12,345,589	12,634,871	10,051,119	9,859,434	11,898,262	11,216,186	14,381,822	15,058,914	14,808,907	3,023,292	2,311,755	2,479,567	2,409,523
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	1,131,639	-1,087,146	1,585,986	1,114,785	728,885	-1,361,023	1,878,572	1,142,665	1,459,206	1,298,042
Costs and Expenses	16.2%	31,451,873	27,069,262	29,683,932	30,071,381	32,682,455	37,183,745	28,852,682	22,191,523	14,934,860	15,544,825	12,787,554	13,097,118	20,599,521	14,427,096	18,547,258	3,494,124	1,625,476	3,016,285	3,674,369	2,571,318	2,650,026
S&GA Expenses	94.0%	6,575,444	3,389,015	3,823,227	2,989,421	3,180,101	2,933,204	3,038,529	3,683,782	2,589,271	2,909,954	2,736,435	3,237,684	1,304,534	3,210,910	4,165,436	3,228,660	1,437,204	2,998,359	3,663,783	2,560,780	2,603,226
EBITDA Margin	283.1%	0.14	-0.08	-0.08	-0.08	-0.09	-0.11	-0.14	-0.18	-0.21	-0.24	-0.24	-0.23	-0.17	-	-	-	-	-	-	-	-
Interest Expenses	-	12,486	-	109,766	100,074	327,055	-	187,398	8,552	748,848	4,026	-	-	-	33,467	37,137	27,509	12,225	18,124	30,523	16,953	3,729
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-4,815,431	-2,736,910	-2,502,072	-2,425,339	-3,057,306	-3,177,062	-1,152,346	-2,474,023	-1,643,595	-1,141,237
EBT Margin	251.5%	0.13	-0.09	-0.09	-0.09	-0.10	-0.13	-0.16	-0.20	-0.24	-0.26	-0.27	-0.25	-0.20	-	-	-	-	-	-	-	-
Net Income	-57.4%	3,021,269	7,084,301	5,965,992	4,546,341	3,044,806	-1,540,198	-973,037	-1,212,334	-6,843,842	-1,657,895	-213,976	-4,815,431	-2,736,910	-2,502,072	-2,425,339	-3,057,306	-3,177,062	-1,152,346	-2,474,023	-1,643,595	-1,141,237
Net Income Margin	2.7%	0.15	0.15	0.08	0.04	-0.01	-0.11	-0.14	-0.16	-0.27	-0.20	-0.22	-0.25	-0.20	-	-	-	-	-	-	-	-
Free Cashflow	-75.9%	1,955,856	8,103,847	-2,643,527	2,864,005	4,742,524	-801,180	175,483	-3,334,957	-8,143,904	-2,294,535	-1,463,261	-3,437,969	-950,887	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.0%	41,925	43,239	39,943	40,567	34,004	33,361	29,491	17,801	19,500	8,631	7,386	8,790	7,325	7,658	8,165	11,322	9,986	12,733	5,248	4,765	4,084
Current Assets	-10.4%	33,367	37,253	33,732	34,214	27,564	26,984	22,747	12,402	13,893	2,840	1,349	2,554	1,251	1,197	1,537	4,457	3,575	6,081	3,788	3,551	3,060
Cash Equivalents	14.8%	14,622	12,731	5,188	8,862	7,036	7,892	8,705	3,443	6,283	636	575	1,602	674	421	340	439	346	144	1,438	1,417	445
Inventory	-37.8%	9,047	14,549	18,087	15,522	11,186	9,492	5,676	3,076	4,359	502	175	234	178	177	103	-	-	-	-	-	-
Net PPE	-16.3%	362	432	503	573	643	747	887	204	200	217	229	224	237	250	243	259	295	241	28.00	30.00	31.00
Goodwill	0%	1,667	1,667	1,667	1,667	1,667	1,667	1,667	867	867	867	867	867	867	867	867	867	867	867	867	867	867
Liabilities	-30.3%	13,522	19,396	23,378	30,586	28,885	32,897	27,318	15,446	15,949	19,177	16,717	19,181	18,051	16,566	15,128	18,200	14,686	14,418	7,073	6,657	6,073
Current Liabilities	-12.3%	12,705	14,485	18,476	25,647	23,464	26,930	21,331	8,917	9,998	11,243	13,629	14,974	15,661	11,971	11,062	10,611	7,054	7,823	5,275	5,047	4,792
Long Term Debt	-	5,045	-	-	-	-	-	-	-	-	-	-	1,120	1,120	2,225	2,205	2,205	2,205	1,322	1,105	1,054	680
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,325	725	205	736	513	533	563	583
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	1,120	1,120	2,225	2,205	2,205	2,205	1,322	1,105	1,054	680
Shareholder's Equity	19.2%	28,249	23,697	16,565	9,981	4,991	464	2,172	2,355	3,551	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	16.6%	-15,186	-18,207	-25,291	-31,257	-35,804	-38,848	-37,308	-36,335	-35,123	-28,367	-26,621	-26,407	-21,592	-18,855	-16,353	-13,927	-10,870	-7,693	-6,541	-4,067	-2,423
Additional Paid-In Capital	3.7%	43,421	41,890	41,625	41,097	40,781	39,468	39,420	38,711	38,662	17,804	17,115	15,850	10,863	9,817	9,264	6,932	6,055	5,894	4,605	2,071	334
Accumulated Depreciation	-	727	-	-	-	446	-	-	-	-	-	-	121	105	90.00	70.00	54.00	39.00	25.00	17.00	15.00	14.00
Shares Outstanding	0.4%	14,403	14,343	14,235	14,177	14,117	12,443	12,269	12,064	12,064	3,264	3,088	2,604	2,543	-	-	-	-	-	-	-	-
Minority Interest	5.1%	154	147	218	127	128	-167	48.00	-32.65	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	62,587	-	-	-	35,233	-	-	-	15,869	-	-	-	27,157	-	-	-	12,293	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-75.8%	1,958	8,106	-2,641	2,866	4,744	-802	175	-3,323	-8,143	-2,289	-1,419	-3,435	-948	-1,146	-1,187	-1,043	-1,578	-1,663	-2,413	-877	-1,203
Share Based Compensation	6204.3%	586	9.00	-298	317	113	9.00	9.00	9.00	-4.84	-36.69	-16.47	62.00	55.00	60.00	51.00	17.00	22.00	85.00	124	99.00	4.00
Cashflow From Investing	-	-	-	-124	-157	-388	2.00	-1,100	-11.40	-12*	-5.41	-368	-2.61	-2.46	14.00	236*	-3.07	190	-	-	-	-521
Cashflow From Financing	88.1%	-67.04	-562	-907	-882	-5,211	-11.30	6,186	494	13,792	2,355	761	4,366	1,204	1,215	1,088	1,140	1,558	623	2,436	1,850	761

SURG Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenues	$ 137,141,832	$ 121,544,190
Costs and expenses
Cost of revenues	101,499,341	108,074,782
General and administrative expenses	16,777,107	12,835,623
Total costs and expenses	118,276,448	120,910,405
Income from operations	18,865,384	633,785
Other income (expense)
Interest expense	(595,975)	(1,843,396)
Gain (loss) on investment in CenterCom	110,203	(89,082)
Amortization of debt discount		(115,404)
Gain on forgiveness of PPP loan - government		524,143
Other income		336,726
Total other income (expense) - net	(485,772)	(1,187,013)
Net income (loss) before provision for income taxes	18,379,612	(553,228)
Provision for income tax benefit (expense)	2,265,000
Net income (loss) including non-controlling interest	20,644,612	(553,228)
Non-controlling interest	26,709	127,535
Net income (loss) available to common stockholders	$ 20,617,903	$ (680,763)
Earnings (loss) per share - attributable to common stockholders
Basic	$ 1.45	$ (0.05)
Diluted	$ 1.38	$ (0.05)
Weighted average number of shares outstanding - attributable to common stockholders
Basic	14,258,172	12,395,364
Diluted	14,922,881	12,395,364

SURG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash	$ 14,622,060	$ 7,035,654
Accounts receivable - net	9,536,074	9,230,365
Inventory	9,046,594	11,186,242
Prepaids and other	161,933	111,524
Total Current Assets	33,366,661	27,563,785
Property and equipment - net	361,841	643,373
Other Assets
Note receivable	176,851	176,851
Intangibles - net	2,126,470	2,779,977
Internal use software development costs - net	539,424	387,180
Goodwill	1,666,782	1,666,782
Investment in CenterCom	464,409	354,206
Operating lease - right of use asset - net	387,869	431,352
Deferred income taxes - net	2,835,000
Total Other Assets	8,196,805	5,796,348
Total Assets	41,925,307	34,003,506
Current Liabilities
Accrued income taxes payable	570,000
Installment sale liability		13,018,184
Deferred revenue	20,000	243,110
Operating lease liability	43,137	39,490
Total Current Liabilities	12,705,044	23,464,062
Long Term Liabilities
Operating lease liability	356,276	399,413
Total Long-Term Liabilities	816,799	5,421,191
Total Liabilities	13,521,843	28,885,253
Stockholders’ Equity
Common stock, $0.001 par value, 500,000,000 shares authorized 14,403,261 and 14,116,832 shares issued and outstanding, respectively	14,404	14,117
Additional paid-in capital	43,421,019	40,780,707
Accumulated deficit	(15,186,203)	(35,804,106)
Stockholders’ equity	28,249,220	4,990,718
Non-controlling interest	154,244	127,535
Total Stockholders’ Equity	28,403,464	5,118,253
Total Liabilities and Stockholders’ Equity	41,925,307	34,003,506
Nonrelated Party [Member]
Current Liabilities
Accounts payable and accrued expenses - related party	6,439,120	5,784,374
Notes payable		1,542,033
Long Term Liabilities
Notes payable - SBA government		53,134
Related Party [Member]
Current Liabilities
Accounts payable and accrued expenses - related party	1,048,224	1,728,721
Notes payable	4,584,563	1,108,150
Long Term Liabilities
Notes payable - SBA government		4,493,798
SBA Government [Member]
Long Term Liabilities
Notes payable - SBA government	$ 460,523	$ 474,846

About Surge Holdings, Inc.

SurgePays, Inc., a technology and telecom company, focuses on the underbanked and underserved communities. Its SurgePhone and Torch Wireless provide subsidized mobile broadband to low-income subscribers in the United States. The company's SurgePays fintech platform empowers clerks at convenience stores to provide a suite of prepaid wireless and financial products to underbanked customers. It also provides ShockWave CRM, an end-to-end cloud-based Software as a Service (SaaS) Customer Relationship Management (CRM) and billing system software platform that provides services, including sales agent management, device and SIM inventory management, order processing and provisioning, retail Point of Service (POS) activations and payments, customer service management, retention tools, billing, and payments to telecommunication and broadband industry. In addition, the company provides Surge Blockchain Software, a back-office marketplace offering wholesale consumable goods direct to convenience stores who are transacting on the SurgePays Fintech platform. Further, it offers marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. The company was incorporated in 2006 and is headquartered in Bartlett, Tennessee.

CEO	Mr. Kevin Brian Cox
WEBSITE	surgepays.com
INDUSTRY	Software - Apps
EMPLOYEES	20

Surge Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Surge Holdings, Inc.? What does SURG stand for in stocks?

SURG is the stock ticker symbol of Surge Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Surge Holdings, Inc. (SURG)?

As of Thu Apr 25 2024, market cap of Surge Holdings, Inc. is 65.4 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SURG stock?

You can check SURG's fair value in chart for subscribers.

What is the fair value of SURG stock?

You can check SURG's fair value in chart for subscribers. The fair value of Surge Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Surge Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SURG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Surge Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether SURG is over valued or under valued. Whether Surge Holdings, Inc. is cheap or expensive depends on the assumptions which impact Surge Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SURG.

What is Surge Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, SURG's PE ratio (Price to Earnings) is 3.17 and Price to Sales (PS) ratio is 0.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SURG PE ratio will change depending on the future growth rate expectations of investors.