Surge Components, Inc. (SPRS)

Surge Components Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Revenue	37.28	36.32	31.21	36.28	51.91	39.83
Revenue Growth (YoY)	18.77%	16.37%	-13.96%	-30.12%	30.34%	25.57%
Cost of Revenue	26.46	25.86	22.31	26.35	37.59	28.94
Gross Profit	10.82	10.46	8.9	9.93	14.32	10.89
Selling, General & Admin	9.65	9.13	7.93	8.35	9.52	7.66
Operating Expenses	9.72	9.2	8	8.42	9.6	7.73
Operating Income	1.1	1.25	0.9	1.51	4.72	3.15
Interest Expense	-	-	-	-	-0	-0
Interest & Investment Income	0.34	0.36	0.33	0.11	-	-
Other Non Operating Income (Expenses)	-	-	-	-	0.19	0
EBT Excluding Unusual Items	1.44	1.61	1.24	1.63	4.91	3.15
Other Unusual Items	-	-	-	-	-	0.45
Pretax Income	1.44	1.61	1.24	1.63	4.91	3.6
Income Tax Expense	0.39	0.47	0.41	0.65	1.17	1.09
Net Income	1.05	1.14	0.83	0.97	3.74	2.51
Preferred Dividends & Other Adjustments	0.01	0.01	0.01	0.01	0.01	0.01
Net Income to Common	1.04	1.13	0.82	0.97	3.73	2.51
Net Income Growth	9.43%	37.67%	-15.06%	-73.98%	48.80%	65.59%
Shares Outstanding (Basic)	6	6	6	6	6	5
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-0.14%	0.73%	0.22%	0.18%	1.05%	2.58%
EPS (Basic)	0.18	0.20	0.15	0.17	0.67	0.46
EPS (Diluted)	0.18	0.20	0.14	0.17	0.65	0.44
EPS Growth	13.86%	42.77%	-17.65%	-73.85%	47.73%	62.96%
Free Cash Flow	2.02	0.79	1.81	2.15	2.19	2.13
Free Cash Flow Per Share	0.35	0.14	0.32	0.37	0.38	0.38
Gross Margin	29.02%	28.79%	28.53%	27.37%	27.58%	27.33%
Operating Margin	2.95%	3.45%	2.90%	4.16%	9.10%	7.92%
Profit Margin	2.79%	3.12%	2.63%	2.67%	7.19%	6.29%
Free Cash Flow Margin	5.41%	2.19%	5.81%	5.92%	4.21%	5.35%
EBITDA	1.16	1.33	0.97	1.58	4.8	3.22
EBITDA Margin	3.12%	3.65%	3.12%	4.36%	9.25%	8.09%
D&A For EBITDA	0.07	0.07	0.07	0.07	0.08	0.07
EBIT	1.1	1.25	0.9	1.51	4.72	3.15
EBIT Margin	2.95%	3.45%	2.90%	4.16%	9.10%	7.92%
Effective Tax Rate	27.17%	29.44%	33.18%	40.20%	23.87%	30.32%

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.