Surge Digital Inc. (TSXV:SRGE)

Surge Digital Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	8.25	6.2	6.25	4.3	5.68	31.85
Cash & Short-Term Investments	8.25	6.2	6.25	4.3	5.68	31.85
Cash Growth	42.14%	-0.87%	45.21%	-24.19%	-82.17%	149.22%
Accounts Receivable	1.66	0.99	1.73	1.6	2.21	2.96
Other Receivables	-	-	-	-	-	0.18
Receivables	1.66	0.99	1.73	1.6	2.21	3.14
Prepaid Expenses	0.54	0.36	0.62	0.98	0.67	0.76
Restricted Cash	8.94	10.94	16.22	5.59	5.74	6.95
Other Current Assets	97.88	165.55	198.34	91.19	39.59	92.36
Total Current Assets	117.27	184.05	223.17	103.66	53.88	135.06
Property, Plant & Equipment	0.09	0.12	0.29	0.43	0.57	0.31
Long-Term Investments	0.08	0.27	0.35	0.28	7.51	0.86
Goodwill	1.07	1.07	1.07	17.09	1.07	1.07
Other Intangible Assets	0.11	0.16	0.35	0.59	0.12	0.33
Other Long-Term Assets	0.77	1.55	6.44	2.15	4.24	16.76
Total Assets	119.39	187.22	231.67	124.19	67.4	154.4

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.67	0.79	1.71	1.52	2.11	1.03
Accrued Expenses	4.16	2.04	1.72	1.97	1.29	1.1
Current Portion of Leases	0.02	0.02	0.02	0.01	0.03	0.03
Current Income Taxes Payable	-	-	-	0.02	0.15	0.15
Current Unearned Revenue	0.56	0.74	0.84	0.62	0.41	0.28
Other Current Liabilities	103.63	168.19	209.82	87.47	40.28	82.82
Total Current Liabilities	110.04	171.78	214.11	91.6	44.28	85.41
Long-Term Leases	-	0	0.03	0.05	0.01	0.04
Other Long-Term Liabilities	-	-0.01	-	-	-	-
Total Liabilities	110.04	171.78	214.13	91.65	44.28	85.45

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	121.15	121.15	121.15	113.63	98.78	96.09
Retained Earnings	-132.45	-126.37	-125.09	-99.26	-88.2	-44.04
Comprehensive Income & Other	20.65	20.66	21.48	18.17	12.53	16.9
Total Common Equity	9.35	15.44	17.53	32.54	23.12	68.95
Minority Interest	-	0.01	-	-	-	-
Shareholders' Equity	9.35	15.44	17.53	32.54	23.12	68.95
Total Liabilities & Equity	119.39	187.22	231.67	124.19	67.4	154.4

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.02	0.03	0.05	0.06	0.04	0.06
Net Cash (Debt)	8.23	6.17	6.21	4.25	5.64	31.78
Net Cash Growth	42.78%	-0.56%	46.14%	-24.74%	-82.25%	148.74%
Net Cash Per Share	0.16	0.12	0.12	0.11	0.16	0.97
Filing Date Shares Outstanding	50.83	50.83	50.83	50.75	36.47	35.35
Total Common Shares Outstanding	355.78	50.83	50.83	45.61	36.26	34.98
Working Capital	7.23	12.26	9.06	12.05	9.61	49.65
Book Value Per Share	0.03	0.30	0.34	0.71	0.64	1.97
Tangible Book Value	8.17	14.21	16.11	14.86	21.93	67.55
Tangible Book Value Per Share	0.02	0.28	0.32	0.33	0.60	1.93
Machinery	1.97	1.95	1.93	1.81	1.75	1.32

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 15, 2026

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