SurgePays Past Earnings Performance
Past criteria checks 3/6
SurgePays has been growing earnings at an average annual rate of 37.7%, while the Wireless Telecom industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 40.7% per year. SurgePays's return on equity is 72.7%, and it has net margins of 15%.
Key information
37.7%
Earnings growth rate
36.5%
EPS growth rate
| Wireless Telecom Industry Growth | 23.1% |
| Revenue growth rate | 40.7% |
| Return on equity | 72.7% |
| Net Margin | 15.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
What Is SurgePays, Inc.'s (NASDAQ:SURG) Share Price Doing?
Apr 25
SurgePays' (NASDAQ:SURG) Attractive Earnings Are Not All Good News For Shareholders
Mar 19SurgePays, Inc. (NASDAQ:SURG) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Feb 16Revenues Tell The Story For SurgePays, Inc. (NASDAQ:SURG)
Dec 25SurgePays (NASDAQ:SURG) Has A Pretty Healthy Balance Sheet
Jul 07SurgePays gains on on crossing 200,000 mobile broadband subscribers
Oct 05Would SurgePays (NASDAQ:SURG) Be Better Off With Less Debt?
Oct 05Surgepays GAAP EPS of -$0.07, revenue of $28.01M
Aug 11SurgePays crosses 150K mobile broadband subscribers
Jul 14Revenue & Expenses BreakdownBeta
How SurgePays makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 137 | 21 | 17 | 0 |
| 30 Sep 23 | 141 | 21 | 13 | 0 |
| 30 Jun 23 | 143 | 12 | 13 | 0 |
| 31 Mar 23 | 135 | 5 | 12 | 0 |
| 31 Dec 22 | 122 | -1 | 13 | 0 |
| 30 Sep 22 | 99 | -11 | 12 | 0 |
| 30 Jun 22 | 78 | -11 | 13 | 0 |
| 31 Mar 22 | 61 | -10 | 13 | 0 |
| 31 Dec 21 | 51 | -14 | 12 | 0 |
| 30 Sep 21 | 48 | -9 | 11 | 0 |
| 30 Jun 21 | 46 | -10 | 12 | 0 |
| 31 Mar 21 | 50 | -12 | 13 | 0 |
| 31 Dec 20 | 54 | -11 | 13 | 0 |
| 30 Sep 20 | 57 | -11 | 13 | 0 |
| 30 Jun 20 | 49 | -10 | 10 | 0 |
| 31 Mar 20 | 38 | -10 | 11 | 0 |
| 31 Dec 19 | 26 | -8 | 10 | 0 |
| 30 Sep 19 | 16 | -6 | 12 | 0 |
| 30 Jun 19 | 15 | -6 | 11 | 0 |
| 31 Mar 19 | 16 | -4 | 9 | 0 |
| 31 Dec 18 | 15 | -2 | 8 | 0 |
| 30 Sep 18 | 15 | 0 | 7 | 0 |
| 30 Jun 18 | 14 | 3 | 6 | 0 |
| 31 Mar 18 | 14 | 3 | 5 | 0 |
| 31 Dec 17 | 13 | 3 | 5 | 0 |
| 31 Dec 16 | 12 | -2 | 6 | 0 |
Quality Earnings: SURG has a high level of non-cash earnings.
Growing Profit Margin: SURG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SURG has become profitable over the past 5 years, growing earnings by 37.7% per year.
Accelerating Growth: SURG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SURG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (1.7%).
Return on Equity
High ROE: SURG's Return on Equity (72.7%) is considered outstanding.