Professional
Added to YB: 2023-12-07
Pitch date: 2023-11-27
SURG [bullish]
SurgePays, Inc.
-78.11%
current return
Author Info
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Company Info
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States.
Market Cap
$47.6M
Pitch Price
$6.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.99
P/E
-0.97
EV/Sales
0.66
Sector
Wireless Telecommunication Services
Category
growth
Surgepays update
SPAY grew ACP subs 0 to 220k, revs up but not earnings due to high costs. 2023: cost cuts boost margins to 30%+ but sub growth slowed. ACP renewal key, $35m '24 EBITDA possible = 40-50% net cash. Growth via LinkUp Mobile launch & M&A to diversify from ACP.
Read full article (5 min)