SurgePays, Inc. (SURG)

SurgePays Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	133.79	137.14	121.54	51.06	54.41	25.74
Revenue Growth (YoY)	-1.02%	12.83%	138.04%	-6.15%	111.35%	68.87%
Cost of Revenue	97.66	101.5	108.07	44.89	51.94	22.62
Gross Profit	36.13	35.64	13.47	6.17	2.47	3.12
Selling, General & Admin	20.22	16.78	12.84	12.16	12.61	10.66
Other Operating Expenses	0	0	0	0	0	0.23
Operating Expenses	20.22	16.78	12.84	12.16	12.61	10.89
Operating Income	15.91	18.87	0.63	-5.99	-10.15	-7.77
Interest Expense / Income	0.54	0.6	1.84	3.84	4.8	0.23
Other Expense / Income	-0.08	-0.08	-0.53	3.7	-4.23	0.45
Pretax Income	15.45	18.35	-0.68	-13.53	-10.72	-8.45
Income Tax	-1.84	-2.27	0	0	0	0
Net Income	17.3	20.62	-0.68	-13.53	-10.72	-8.45
Net Income Growth	240.62%	-	-	-	-	-
Shares Outstanding (Basic)	18	14	12	4	2	2
Shares Outstanding (Diluted)	19	15	12	4	2	2
Shares Change	28.50%	20.39%	182.89%	105.29%	10.95%	17.92%
EPS (Basic)	1.20	1.45	-0.05	-3.09	-5.02	-4.50
EPS (Diluted)	1.15	1.38	-0.05	-3.09	-5.02	-4.50
EPS Growth	219.44%	-	-	-	-	-
Free Cash Flow	11.34	10.01	0.09	-15.34	-4.33	-6.76
Free Cash Flow Per Share	0.64	0.70	0.01	-3.50	-2.03	-3.51
Gross Margin	27.00%	25.99%	11.08%	12.08%	4.54%	12.12%
Operating Margin	11.89%	13.76%	0.52%	-11.74%	-18.65%	-30.18%
Profit Margin	12.93%	15.03%	-0.56%	-26.50%	-19.71%	-32.81%
Free Cash Flow Margin	8.47%	7.30%	0.08%	-30.04%	-7.96%	-26.26%
Effective Tax Rate	-11.92%	-12.34%	-	-	-	-
EBITDA	17.13	20.06	2.15	-8.77	-4.55	-7.94
EBITDA Margin	12.81%	14.62%	1.77%	-17.18%	-8.36%	-30.83%
Depreciation & Amortization	1.14	1.11	0.99	0.92	1.37	0.28
EBIT	15.99	18.95	1.16	-9.69	-5.92	-8.22
EBIT Margin	11.95%	13.82%	0.96%	-18.98%	-10.88%	-31.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).