SurgePays Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	137.14	121.54	51.06	54.41	25.74	15.24	13.46	3.3	2.83
Revenue Growth (YoY)	12.83%	138.04%	-6.15%	111.35%	68.87%	13.26%	308.28%	16.38%	-
Cost of Revenue	101.5	108.07	44.89	51.94	22.62	8.57	8.1	2.33	2.33
Gross Profit	35.64	13.47	6.17	2.47	3.12	6.67	5.36	0.97	0.5
Selling, General & Admin	16.78	12.84	12.16	12.61	10.66	8.06	5.15	3.27	1.32
Other Operating Expenses	0	0	0	0	0.23	0.15	0.01	0.81	0.5
Operating Expenses	16.78	12.84	12.16	12.61	10.89	8.21	5.16	4.08	1.82
Operating Income	18.87	0.63	-5.99	-10.15	-7.77	-1.54	0.2	-3.11	-1.32
Interest Expense / Income	0.6	1.84	3.84	4.8	0.23	0.14	0.02	1.66	0.02
Other Expense / Income	-0.08	-0.53	3.7	-4.23	0.45	-0.22	-2.59	-0.17	-0
Pretax Income	18.35	-0.68	-13.53	-10.72	-8.45	-1.46	2.77	-4.6	-1.34
Income Tax	-2.27	0	0	0	0	0.08	0	0	0
Net Income	20.62	-0.68	-13.53	-10.72	-8.45	-1.54	2.77	-4.6	-1.34
Shares Outstanding (Basic)	14	12	4	2	2	2	2	1	1
Shares Outstanding (Diluted)	15	12	4	2	2	2	2	1	1
Shares Change	20.39%	182.89%	105.29%	10.95%	17.92%	7.07%	70.07%	34.84%	-
EPS (Basic)	1.45	-0.05	-3.09	-5.02	-4.50	-1.00	2.00	-5.00	-2.00
EPS (Diluted)	1.38	-0.05	-3.09	-5.02	-4.50	-1.00	2.00	-5.00	-2.00
Free Cash Flow	10.01	0.09	-15.34	-4.33	-6.76	-1.35	0.23	-0.64	-0.23
Free Cash Flow Per Share	0.70	0.01	-3.50	-2.03	-3.51	-0.83	0.15	-0.72	-0.35
Gross Margin	25.99%	11.08%	12.08%	4.54%	12.12%	43.78%	39.85%	29.37%	17.67%
Operating Margin	13.76%	0.52%	-11.74%	-18.65%	-30.18%	-10.07%	1.52%	-94.24%	-46.63%
Profit Margin	15.03%	-0.56%	-26.50%	-19.71%	-32.81%	-10.11%	20.56%	-139.54%	-47.16%
Free Cash Flow Margin	7.30%	0.08%	-30.04%	-7.96%	-26.26%	-8.84%	1.69%	-19.56%	-8.27%
Effective Tax Rate	-12.34%	-	-	-	-	-	-	-	-
EBITDA	20.06	2.15	-8.77	-4.55	-7.94	-1.17	2.8	-2.51	-0.82
EBITDA Margin	14.62%	1.77%	-17.18%	-8.36%	-30.83%	-7.67%	20.79%	-76.04%	-28.94%
Depreciation & Amortization	1.11	0.99	0.92	1.37	0.28	0.15	0.01	0.43	0.5
EBIT	18.95	1.16	-9.69	-5.92	-8.22	-1.32	2.79	-2.94	-1.32
EBIT Margin	13.82%	0.96%	-18.98%	-10.88%	-31.93%	-8.65%	20.74%	-89.17%	-46.63%

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).