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

4.22USD+0.16 (+3.94%)Delayed

Market Summary

USD4.22+0.16

Delayed

3.94%

SURG Stock Price

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SURG RSI Chart

SURG Valuation

Market Cap

81.9M

Price/Earnings (Trailing)

4.74

Price/Sales (Trailing)

0.61

EV/EBITDA

3.7

Price/Free Cashflow

7.15

SURG Price/Sales (Trailing)

SURG Profitability

Operating Margin

27.00%

EBT Margin

13.74%

Return on Equity

30.78%

Return on Assets

24.86%

Free Cashflow Yield

13.99%

SURG Fundamentals

SURG Revenue

Revenue (TTM)

133.8M

Rev. Growth (Yr)

-9.63%

Rev. Growth (Qtr)

-2.75%

SURG Earnings

Earnings (TTM)

17.3M

Earnings Growth (Yr)

-73.06%

Earnings Growth (Qtr)

-59.47%

Breaking Down SURG Revenue

Last 7 days

10.2%

Last 30 days

12.2%

Last 90 days

-48.3%

How does SURG drawdown profile look like?

SURG Financial Health

Current Ratio

6.26

Debt/Equity

0.09

Debt/Cashflow

2.21

SURG Investor Care

Shares Dilution (1Y)

37.07%

Diluted EPS (TTM)

1.15

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	133.8M	0	0	0
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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	cox kevin brian	acquired	-	-	83,334	ceo and chairman
May 01, 2024	evers anthony george	acquired	-	-	66,667	chief financial officer
Apr 25, 2024	weisberg laurie	acquired	-	-	14,880	-
Apr 25, 2024	schurfeld richard earl	acquired	-	-	14,880	-
Apr 25, 2024	keys david n	acquired	-	-	14,880	-
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	schurfeld richard earl	acquired	-	-	24,000	-
Aug 08, 2023	keys david n	acquired	-	-	32,000	-
Aug 08, 2023	weisberg laurie	acquired	-	-	24,000	-

Which funds bought or sold SURG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Creekmur Asset Management LLC	sold off	-100	-5,386	-	-%
May 16, 2024	JANE STREET GROUP, LLC	new	-	163,590	163,590	-%
May 16, 2024	Connective Capital Management, LLC	new	-	11,054	11,054	0.01%
May 15, 2024	STATE STREET CORP	added	17.76	-58,250	137,830	-%
May 15, 2024	MORGAN STANLEY	added	4,250	32,205	33,495	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-78.00	-	-%
May 15, 2024	Cruiser Capital Advisors, LLC	reduced	-11.31	-176,318	57,202	0.08%
May 15, 2024	Cable Car Capital LLC	new	-	1,540,000	1,540,000	2.13%
May 15, 2024	Cetera Investment Advisers	new	-	46,970	46,970	-%
May 15, 2024	Squarepoint Ops LLC	sold off	-100	-289,050	-	-%

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
May 13, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
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

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	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.8%	31,429,135	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
Cost Of Revenue	-6.6%	23,246,468	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
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
Costs and Expenses	-5.6%	29,677,274	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
S&GA Expenses	-2.2%	6,430,806	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
EBITDA Margin	2.7%	0.15	0.14	0.01	0.01	0.01	0.01	-0.11	-0.14	-0.18	-0.21	-0.24	-0.24	-0.23	-	-	-	-	-	-	-	-
Interest Expenses	933.2%	129,003	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
Income Taxes	-	423,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	1,635,431	-	-	-	4,545,765	-	-	-	-	-	-	-	-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
EBT Margin	2.5%	0.14	0.13	0.00	0.00	0.00	0.00	-0.13	-0.16	-0.20	-0.24	-0.26	-0.27	-0.25	-	-	-	-	-	-	-	-
Net Income	-59.5%	1,224,595	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
Net Income Margin	-14.0%	0.13	0.15	0.15	0.08	0.04	-0.01	-0.11	-0.14	-0.16	-0.27	-0.20	-0.22	-0.25	-	-	-	-	-	-	-	-
Free Cashflow	106.4%	4,040,058	1,957,647	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	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	66.0%	69,585	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
Current Assets	77.0%	59,061	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
Cash Equivalents	-100.0%	-	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
Inventory	-18.8%	7,344	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	-19.5%	291	362	432	503	573	643	747	887	204	200	217	229	224	237	250	243	259	295	241	28.00	30.00
Goodwill	150.0%	4,167	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
Liabilities	-0.9%	13,400	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
Current Liabilities	-25.8%	9,432	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
Long Term Debt	-	5,193	-	-	-	-	-	-	-	-	-	-	-	1,120	1,120	2,225	2,205	2,205	2,205	1,322	1,105	1,054
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,325	725	205	736	513	533	563
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	1,120	1,120	2,225	2,205	2,205	2,205	1,322	1,105	1,054
Shareholder's Equity	98.9%	56,185	28,249	23,697	16,565	9,981	4,991	464	2,172	2,355	3,551	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	8.1%	-13,961	-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
Additional Paid-In Capital	61.2%	69,986	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
Accumulated Depreciation	9.7%	798	727	-	-	-	-	-	-	-	-	-	-	121	105	90.00	70.00	54.00	39.00	25.00	17.00	15.00
Shares Outstanding	34.9%	19,432	14,403	14,343	14,235	14,177	14,117	12,443	12,269	12,064	12,064	3,264	3,088	2,604	-	-	-	-	-	-	-	-
Minority Interest	-7.9%	142	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	106.4%	4,040	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
Share Based Compensation	-	-	-	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
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	-	-	-
Cashflow From Financing	36323.8%	24,283	-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

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SURG Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
Consolidated Statements of Income (Unaudited) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 31,429,135	$ 34,776,443
Costs and expenses
Cost of revenues	23,246,468	27,081,960
General and administrative expenses	6,430,806	2,989,421
Total costs and expenses	29,677,274	30,071,381
Income from operations	1,751,861	4,705,062
Other income (expense)
Interest expense	(132,583)	(192,326)
Gain on investment in CenterCom	16,153	33,029
Total other income (expense) - net	(116,430)	(159,297)
Net income before provision for income taxes	1,635,431	4,545,765
Provision for income tax benefit (expense)	(423,000)
Net income including non-controlling interest	1,212,431	4,545,765
Non-controlling interest	(12,164)	(576)
Net income available to common stockholders	$ 1,224,595	$ 4,546,341
Earnings per share - attributable to common stockholders
Basic	$ 0.07	$ 0.32
Diluted	$ 0.07	$ 0.31
Weighted average number of shares outstanding - attributable to common stockholders
Basic	17,693,283	14,131,276
Diluted	18,678,136	14,535,222

SURG Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash	$ 42,945,078	$ 14,622,060
Accounts receivable - net	8,271,878	9,536,074
Inventory	7,343,739	9,046,594
Prepaids and other	499,908	161,933
Total Current Assets	59,060,603	33,366,661
Property and equipment - net	291,458	361,841
Other Assets
Note receivable	176,851	176,851
Intangibles - net	1,963,093	2,126,470
Internal use software development costs - net	483,717	539,424
Goodwill	4,166,782	1,666,782
Investment in CenterCom	480,562	464,409
Operating lease - right of use asset - net	420,107	387,869
Deferred income taxes - net	2,542,000	2,835,000
Total Other Assets	10,233,112	8,196,805
Total Assets	69,585,173	41,925,307
Current Liabilities
Accrued income taxes payable	700,000	570,000
Deferred revenue		20,000
Operating lease liability	94,244	43,137
Total Current Liabilities	9,431,948	12,705,044
Long Term Liabilities
Operating lease liability	342,444	356,276
Total Long-Term Liabilities	3,967,726	816,799
Total Liabilities	13,399,674	13,521,843
Stockholders’ Equity
Common stock, $0.001 par value, 500,000,000 shares authorized 19,431,549 and 14,403,261 shares issued and outstanding, respectively	19,435	14,404
Additional paid-in capital	69,985,592	43,421,019
Accumulated deficit	(13,961,608)	(15,186,203)
Stockholders’ equity	56,043,419	28,249,220
Non-controlling interest	142,080	154,244
Total Stockholders’ Equity	56,185,499	28,403,464
Total Liabilities and Stockholders’ Equity	69,585,173	41,925,307
Nonrelated Party [Member]
Current Liabilities
Accounts payable and accrued expenses	6,506,061	6,439,120
Related Party [Member]
Current Liabilities
Accounts payable and accrued expenses	564,389	1,048,224
Note payable - related party	1,567,254	4,584,563
Long Term Liabilities
Notes payable	3,147,879
SBA Government [Member]
Long Term Liabilities
Notes payable	$ 477,403	$ 460,523

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 Fri May 17 2024, market cap of Surge Holdings, Inc. is 81.92 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 Fri May 17 2024, SURG's PE ratio (Price to Earnings) is 4.74 and Price to Sales (PS) ratio is 0.61. 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.