Surge Components, Inc. (SPRS)

Surge Components Income Statement

Financials in millions USD. Fiscal year is December - November.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Revenue	36.32	31.21	36.28	51.91	39.83
Revenue Growth (YoY)	16.37%	-13.96%	-30.12%	30.34%	25.57%
Cost of Revenue	25.86	22.31	26.35	37.59	28.94
Gross Profit	10.46	8.9	9.93	14.32	10.89
Selling, General & Admin	9.13	7.93	8.35	9.52	7.66
Operating Expenses	9.2	8	8.42	9.6	7.73
Operating Income	1.25	0.9	1.51	4.72	3.15
Interest Expense	-	-	-	-0	-0
Interest & Investment Income	0.36	0.33	0.11	-	-
Other Non Operating Income (Expenses)	-	-	-	0.19	0
EBT Excluding Unusual Items	1.61	1.24	1.63	4.91	3.15
Other Unusual Items	-	-	-	-	0.45
Pretax Income	1.61	1.24	1.63	4.91	3.6
Income Tax Expense	0.47	0.41	0.65	1.17	1.09
Net Income	1.14	0.83	0.97	3.74	2.51
Preferred Dividends & Other Adjustments	0.01	0.01	0.01	0.01	0.01
Net Income to Common	1.13	0.82	0.97	3.73	2.51
Net Income Growth	37.67%	-15.06%	-73.98%	48.80%	65.59%
Shares Outstanding (Basic)	6	6	6	6	5
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	0.73%	0.22%	0.18%	1.05%	2.58%
EPS (Basic)	0.20	0.15	0.17	0.67	0.46
EPS (Diluted)	0.20	0.14	0.17	0.65	0.44
EPS Growth	42.77%	-17.65%	-73.85%	47.73%	62.96%
Free Cash Flow	0.79	1.81	2.15	2.19	2.13
Free Cash Flow Per Share	0.14	0.32	0.37	0.38	0.38
Gross Margin	28.79%	28.53%	27.37%	27.58%	27.33%
Operating Margin	3.45%	2.90%	4.16%	9.10%	7.92%
Profit Margin	3.12%	2.63%	2.67%	7.19%	6.29%
Free Cash Flow Margin	2.19%	5.81%	5.92%	4.21%	5.35%
EBITDA	1.33	0.97	1.58	4.8	3.22
EBITDA Margin	3.65%	3.12%	4.36%	9.25%	8.09%
D&A For EBITDA	0.07	0.07	0.07	0.08	0.07
EBIT	1.25	0.9	1.51	4.72	3.15
EBIT Margin	3.45%	2.90%	4.16%	9.10%	7.92%
Effective Tax Rate	29.44%	33.18%	40.20%	23.87%	30.32%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.