SurgePays, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $4.1M
- Price
- $0.1642
- % Change (Daily % change from the live per-ticker quote feed.)
- -6.17%
- Volume
- 3.7M
About
SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, as well as prepaid wireless plans. In addition, the company provides marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. Further, it operates a bilingual operations center offering the Company with sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services. The company is headquartered in Bartlett, Tennessee.
Quick stats
Shares outstanding25.1M
Computed float23.0M
Float / shares91.4%
Key info
SectorTechnology
IndustrySoftware - Application
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001392694
Websitehttps://www.surgepays.com
AI Summary
AI-generated1/31
majorbullishearnings
SurgePays Reports Q2 2026 Revenue Growth of 40.7% Year-Over-Year to $16.2 Million, Reports Positive Net Income of $1.29 Million
SurgePays reported Q2 2026 revenue of $16.2 million, up 40.7% year-over-year, and returned to GAAP profitability with net income of $1.29 million.
Operating income swung to a positive $3.45 million from a loss of $6.81 million in the prior year, while general and administrative expenses declined 9.3% in the first half.
The company also announced the formation of the Redline Wireless Group joint venture and reported 23% month-over-month growth in its smartphone rent-to-own program sales.
Red flags
- Balance sheet shows a stockholders' deficit of $20.7 million
- Total liabilities exceed total assets