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.
Revenue of SurgePays, Inc. (SURG)
Revenue in 2023 (TTM): $137.14 M
According to SurgePays, Inc.'s latest financial reports the company's current revenue (TTM) is $137.14 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of SurgePays, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $137.14 M | $35.64 M | $20.08 M | $18.38 M | $20.62 M |
| 2022 | $121.54 M | $13.47 M | $1.86 M | $-553,228 | $-148,853 |
| 2021 | $51.06 M | $6.17 M | $-5,233,185 | $-13,531,144 | $-18,797,198 |
| 2020 | $54.41 M | $2.47 M | $-5,400,094 | $-10,721,627 | $-16,902,512 |
| 2019 | $25.74 M | $5.44 M | $-7,937,082 | $-8,447,026 | $-8,218,047 |
| 2018 | $15.24 M | $6.67 M | $-1,168,752 | $-1,458,848 | $-1,541,078 |
| 2017 | $1.43 M | $696.84 K | $-1,444,080 | $-1,980,296 | $-1,980,296 |
| 2016 | $3.3 M | $968.28 K | $-2,506,724 | $-4,600,176 | $-4,600,176 |
| 2015 | $2.83 M | $500.66 K | $-819,816 | $-1,336,103 | $-1,336,103 |
| 2014 | $2.67 M | $996.57 K | $46.72 K | $33.3 K | $33.3 K |
| 2013 | $1.88 K | $689 | $-14,839 | $-55,624 | $-55,624 |
| 2011 | $2.09 K | $950 | $-642,189 | $-642,320 | $-655,449 |
| 2010 | $4.88 K | $-4,284 | $-423,805 | $-472,229 | $-462,392 |
| 2009 | $14.34 K | $-9,270 | $-1,326,413 | $-1,780,236 | $-1,382,974 |
| 2008 | $9.01 K | $-28,344 | $-1,091,228 | $-1,097,468 | $-1,097,468 |
| 2007 | $ | $ | $-72,773 | $ | $-72,773 |
| 2006 | $ | $ | $-13,407 | $-23,907 | $-20,453 |