SurgePays Inc (SURG)

Over the past six months, SurgePays' stock price has been impacted by several events. The company reported a significant increase in revenue in Q3 2025, but also reported an earnings per share (EPS) of -$0.38, missing analyst estimates. SurgePays launched a new Growth Marketing & Data Partnerships Division. The company added three new subprime lead generation aggregators to its ProgramBenefits platform. SurgePays' stock rating was upgraded by Wall Street Zen. The stock price decreased by 38.22% over the last six months, but saw a 15.48% increase over the past year.

The demand for SurgePays, Inc.'s products and services exhibits some varying seasonal characteristics based on its diverse offerings. The Lifeline Wireless program provides predictable, budgeted demand and recurring revenue, suggesting a stable, less seasonal demand. The prepaid wireless service market can see fluctuations, potentially with increased usage during holidays or summer travel periods. Convenience stores, where SurgePays offers its fintech transaction platform and prepaid top-up services, tend to experience increased traffic during the summer season. SurgePays is transitioning toward a more balanced portfolio that includes infrastructure services, fintech transactions, and SaaS-like recurring revenue, aiming for sustainable cash flow and mitigating potential seasonality.

SurgePays, Inc. is a technology-driven company in the fintech and telecommunications sectors, serving the subprime and underserved consumer market in the United States. It operates through two main segments: Mobile Virtual Network Operator (MVNO) Telecommunications and Comprehensive Platform Services. The company provides mobile broadband solutions through its MVNO segment, including government-subsidized wireless programs and prepaid wireless services. It offers a fintech transactions platform to convenience stores, enabling prepaid wireless top-ups, debit card reloads, and gift card activations. The company is expanding into data-driven marketing and digital partnerships and offers lead generation and case management solutions. SurgePays also offers the ClearLine POS System to enhance merchant capabilities and drive sales. SurgePays positions itself as a high-growth niche player, bridging the digital divide for underserved communities.

SurgePays, Inc. operates within the United States and is headquartered in Bartlett, Tennessee. Its retail network is deployed nationwide in thousands of locations, providing access to underserved communities.

SurgePays' brand reputation is tied to its mission to bridge the digital divide and empower local communities by delivering vital telecom and financial products to underserved and rural areas. Its strategy involves leveraging a scalable platform, an expansive retail network, and innovative technology to unlock market potential. The company's focus on government-subsidized programs and its expansion into data-driven marketing contribute to its image as a company addressing the needs of the subprime market.

SurgePays, Inc. has a diverse ownership structure, with a mix of institutional investors, individual investors, and company insiders. Approximately 8.08% of SurgePays' stock is held by institutional shareholders. Retail investors hold about 50.04% of the company's shares. Company insiders own around 41.88% of the shares, with the CEO, Kevin Brian Cox, being the largest individual shareholder.