Deep-Dive Due Diligence AI Generated Probe of SurgePays, Inc. Common Stock (SURG)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These auto-generated reports apply OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.


SURG_OUT_1 [2025-03-25 17:06:52 -0400] 1945 Bytes | 532 tokens | Cum: 532 tkns (6.65% of 8k)
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Listen up, partner—it's 5:06:50 PM on Tue Mar 25, 2025 -0400, and I’m revved up about SurgePays (SURG), climbing from 1.31 to 2.59. This stock is buzzing big-time—do we have a hidden gem, or a flash in the pan? Help me sift through the data!

Here's the first list of news for SurgePays:

C1 - Today 04:05PM - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12 Months
C2 - Mar-11-25 08:30AM - SurgePays Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Date
C3 - Feb-13-25 08:30AM - SurgePays Appoints Allison Seyler as Vice President of Sales to Drive Growth Across Direct, Partner and Reseller Channels
C4 - Jan-24-25 08:30AM - SurgePays Appoints Mark Garner as Executive Vice President
C5 - Jan-15-25 08:00AM - GPOPlus+ Teams Up With SurgePays to Launch New Sales Channels
C6 - Dec-10-24 08:30AM - SurgePays' ClearLine Marketing Platform Integrates with Clover Point of Sale System
C7 - Dec-03-24 08:30AM - SurgePays Expands Merchant Capabilities with LANDI Global Partnership
C8 - Nov-26-24 08:30AM - SurgePays Integrates its ClearLine Marketing Platform with PAX Smart Payment Terminals

ONLY 3 RULES for AI:
==============
1) I am a document retrieval system. You are the analyst-investigator.
2) You can request items from my lists to get more info on SurgePays (SURG)
3) AFTER requesting and reading News and SEC filings you'll write a summary, set a score, high price target and headline.
Now, your response should be only 2 or 3 chars. You can say ex., C1, C2, etc., or NEX
The NEX command delivers the NEXt list of News/SEC/Metrics
There are several more lists that use our unified document retrieval system in subsequent prompts.
Your predictons will be compared to reality to rate your accuracy. Try to predict accurately. GOOD LUCK!
Please request a document, read, summarize and score. Say something like "C1".

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C1

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Showing C1 (chunk 1 of 10): C1:
**SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12 Months**
Date: Today 04:05PM
Source: (PR Newswire)
URL: https://www.prnewswire.com/news-releases/surgepays-reports-2024-financial-results-and-issues-revenue-guidance-of-over-200-million-in-next-12-months-302411109.html

Completed AT&T integration positions company for its most aggressive growth phase to date with projected positive cash flow from operations in 2025

BARTLETT, Tenn.,March 25, 2025/PRNewswire/ --SurgePays, Inc. (Nasdaq:SURG) ("SurgePays" or the "Company"), a wireless and point of sale technology company, today announced its financial results for the year endedDecember 31, 2024, and is issuing guidance of over$200 millionin revenue over the next 12 months and positive cash flow from operations before the end of 2025, following the successful integration and official la

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

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SurgePays, Inc., a wireless and point of sale technology company, has announced its financial results for 2024 and issued a revenue guidance of over $200 million for the next 12 months. The company anticipates positive cash flow from operations before the end of 2025, following the successful integration with AT&T. This move positions SurgePays for aggressive growth.

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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-03-25T20:53:07Z - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12...
A2 - 2025-03-25T18:03:00Z - After-Hours Earnings Report for March 25, 2025 : GME, WOR, CRVS, SURG...
A3 - 2025-03-25T08:32:09Z - Earnings Scheduled For March 25, 2025 - ATA Creativity Glb (NASDAQ:AACG), ACCESS Newswire (AMEX:ACCS...
A4 - 2025-03-24T21:36:11Z - Surgepays FY 2024 Earnings Preview (SURG:NASDAQ)...
A5 - 2025-03-13T22:39:00Z - EverCommerce (EVCM) Reports Q4 Loss, Tops Revenue Estimates...

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

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A1

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Showing A1 (chunk 1 of 7): A1:
**SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12 Months**Date: 2025-03-25Source: {'uri': 'itnewsonline.com', 'dataType': 'news', 'title': 'IT News Online'}URL: https://itnewsonline.com/PRNewswire/SurgePays-Reports-2024-Financial-Results-and-Issues-Revenue-Guidance-of-Over-USD200-Million-in-Next-12-Months/1047388Completed AT&T integration positions company for its most aggressive growth phase to date with projected positive cash flow from operations in 2025

BARTLETT, Tenn., March 25, 2025 /PRNewswire/ -- SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a wireless and point of sale technology company, today announced its financial results for the year ended December 31, 2024, and is issuing guidance of over $200 million in revenue over the next 12 months and positive cash flow from operations before the end of 2025, f

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

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MOR

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Showing A1 (chunk 2 of 7): ollowing the successful integration and official launch with AT&T.

Brian Cox, Chairman and CEO, commented, "We built the infrastructure. Now we are scaling. With AT&T integration complete and LinkUp Mobile launching nationally, SurgePays is positioned for the most aggressive revenue growth phase in our history."

2024 marked the end of the federally funded ACP era. As expected, revenue and gross profit were impacted. However, strategic investments made during this transition -- including AT&T integration, POS growth, and the development of our MVNE platform -- have built the foundation for 2025's goal to return to growth and profitability.

2025 Financial Guidance:

SurgePays expects first quarter 2025 revenue to remain consistent with Q4 2024. With the national launch of LinkUp Mobile and expanding MVNE partnerships, revenue is projected to exceed $200 million over the next 12 months a

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

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SurgePays, a software solutions provider, has completed its integration with AT&T and has launched LinkUp Mobile nationally. The CEO, Brian Cox, stated that this marks the start of a phase of aggressive revenue growth for the company. Despite the end of federal funding for the ACP era affecting revenues and gross profits in 2024, Cox believes that the strategic investments made, such as AT&T integration and development of their MVNE platform, have set the company up for a return to growth and profitability in 2025. The company expects Q1 2025 revenue to be similar to Q4 2024, but projects revenue to exceed $200 million in the next 12 months due to the national launch of LinkUp Mobile and expanding MVNE partnerships.

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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!

B1 - 2024-11-21T16:42:43Z - SurgePays Teams Up With AT&T For Affordable Wireless Solutions Nationwide; Stock Gains
B2 - 2024-11-12T21:15:00Z - SurgePays Announces Third Quarter 2024 Financial Results
B3 - 2024-06-27T12:07:00Z - Rapid7 (RPD) Surges 6.8%: Is This an Indication of Further Gains?
B4 - 2024-06-21T21:00:00Z - Surge Copper Announces Closing of Private Placement for $2.2M
B5 - 2024-06-07T13:00:00Z - Surge Copper Announces Upsize of Private Placement to $2.2M
B6 - 2024-06-06T12:30:00Z - SurgePays, Inc. Announces Launch of Prepaid Wireless Brand LinkUp Mobile

Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

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B1

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Showing B1 (chunk 1 of 1): B1:
**SurgePays Teams Up With AT&T For Affordable Wireless Solutions Nationwide; Stock Gains**Date: Unknown DateSource: Unknown SourceURL: https://www.benzinga.com/news/contracts/24/11/42117879/surgepays-teams-up-with-att-for-affordable-wireless-solutions-nationwide-stock-gainsSurgePays has partnered with AT&T to provide 4G LTE and 5G wireless services, expanding its reach to underserved markets. The deal leverages SurgePays' distribution network to offer affordable wireless solutions to rural and cost-sensitive customers.

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

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SurgePays has entered a partnership with AT&T to provide 4G LTE and 5G wireless services, aiming to reach underserved markets. This partnership will use SurgePays' distribution network to offer affordable wireless solutions to rural and cost-sensitive customers. The partnership resulted in a gain for SurgePays' stock.

SURG_OUT_15 [2025-03-25 17:07:16 -0400] 1065 Bytes | 272 tokens | Cum: 2650 tkns (33.12% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-03-25 10-K ITEM 7. MGT DISC & ANALYSIS OF FIN COND & RESULTS OF OPER

The following discussion and analysis should be read in conjunction with our CONS financial statements and related notes appearing elsewhere in this Annual Report. In addition ...

S2 - 2024-11-12 10-Q ITEM 2: MGT DISC & ANALYSIS OF FIN COND & RESULTS OF OPER

This statement contains forward-looking statements within the meaning of the Securities Act of 1933, as amended (the Securities Act). Discussions containing such forward-looking statem...

S3 - 2024-10-16 8-K Item 1.01. Entry into a Material Definitive Agrmt.

On October 10, 2024, SurgePays, Inc., a Nevada corporation (the Company ), announced that it had signed a Master Services Agrmt (the MSA ) with TerraCom, Inc. ( TerraCom ), a wireless service provider and licensed Lifel...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

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S1

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Showing S1 (chunk 1 of 6): S1:
ITEM 7. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis should be read in conjunction with our consolidated financial statements and related notes appearing elsewhere in this Annual Report. In addition to historical information, this discussion and analysis contains forward-looking statements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including but not limited to those set forth in Part I Item 1A. Risk Factors.

Business Overview

We were incorporated in Nevada on August 18, 2006 as a pioneering financial technology and telecommunications company with one clear mission: to enhance connectivity and financial access in the places people live, shop, and work.

Our Mobil

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

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NEX

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This is our set of metrics.
Please analyze the numbers.

+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| Volume: 7,472,016 | SMA50: -0.85% | Market Cap: 27.82M | Option/Short: Yes / Yes | Sales past 5Y: 64.02% | Sales Surprise: -18.86% |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| Avg Volume: 114.43K | SMA200: -30.34% | Shs Outstand: 19.65M | Short Float: 2.87% | Employees: 262 | EPS Surprise: -173.72% |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| Rel Volume: 65.30 | Perf Week: 10.40% | Shs Float: 13.95M | Short Ratio: 3.49 | Debt/Eq: 0.14 | P/E: - |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| RSI (14): 54.66 | Perf Month: 2.99% | Inst Own: 9.82% | Short Interest: 0.40M | Sales Y/Y TTM: -40.73% | Earnings: Mar 25 AMC |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| ATR (14): 0.10 | Perf Quarter: -20.23% | Insider Own: 30.82% | Beta: 1.47 | ROE: -80.54% | |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+
| SMA20: 9.65% | Index: - | Insider Trans: -3.09% | Sales Q/Q: -86.04% | ROI: -63.69% | |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+-------------------------+

The next section covers any insider trading.
If this section may be blank due to no recent filings.

[Company Financial Summary]
[Company Details]
Name: SurgePays, Inc. Common Stock
Market Cap: N/A
Shares Outstanding: N/A
Sector: TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 83602653.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -22923740.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 1.38
Average Volume: 427453.68
30-Day High: 1.38
30-Day Low: 1.13

[Detailed Financials: Q3 2024]
- Total Assets: $41,499,493.0
- Total Liabilities: $8,223,506.0
- Total Equity: $33,275,987.0
- Current Assets: $33,909,878.0
- Current Liabilities: $5,434,250.0

[Income Statement: Q3 2024]
- Revenue: $4,769,697.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -0.73

[Cash Flow Statement: Q3 2024]
- Net Cash Flow: $-970,501

[Detailed Financials: Q2 2024]
- Total Assets: $56,405,300.0
- Total Liabilities: $10,123,420.0
- Total Equity: $46,281,880.0
- Current Assets: $48,718,118.0
- Current Liabilities: $6,600,396.0

[Income Statement: Q2 2024]
- Revenue: $15,085,699.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -0.66

[Cash Flow Statement: Q2 2024]
- Net Cash Flow: $0
==== END OF FINANCIAL REPORT ====

You are now requested to make a summary analysis.
Save explaining why you didn't have enough information for the final survey.

Now, complete this report with the following:

1) Brief Summary: explain your findings in succinct wording.
2) MARKET_SCORE: If you calculate a 92% likelihood of an upward moves, say: MARKET_SCORE[92]
3) PRICE_TARGET: If you think the high today will be 50% higher, add to the price.
Eg., If the current price is $5.00, add 50%. Thus, PRICE_TARGET[$7.50] -- It should be at or above the current price.
4) Provide a thought-provoking take, 6-10 words, to use for the headline of this news story.
Like this: AI_RPT_HEADLINE: [6-12 words headline for news story, distilled from summary]

1) Brief Summary, 2) MARKET_SCORE, 3) PRICE_TARGET, and 4) AI_RPT_HEADLINE

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1) Brief Summary: SurgePays Inc. has shown significant volume activity recently, 65.30 times the relative volume. The firm's sales have grown by 64.02% over the past five years, but the recent quarter shows a decline in sales by 86.04% Q/Q and a sales surprise of -18.86%. The firm also has a high insider ownership of 30.82%, but an insider transaction shows a decrease by 3.09%. The EPS surprise is -173.72% indicating that the company's earnings are not meeting expectations.

2) MARKET_SCORE[45]: Based on the current financial position and past performance of the company, there is a 45% chance of an upward move.

3) PRICE_TARGET[$1.60]: Considering the recent performance and financial health of the company, the price target is set at $1.60 which is around 16% higher than the current price.

4) AI_RPT_HEADLINE: "SurgePays Inc. Struggles with Sales Despite High Volume Activity."

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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More stock-specific news
-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider Trading (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this exact company
-> X8 <- Something altogether different (explain...)

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Choosing the right data for financial analysis depends on the specific situation and the information already available. However, generally speaking, I would choose X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes. These filings provide comprehensive and reliable information about a company's financial performance, business operations, and risk factors. Having more of this information would probably improve the accuracy of my analysis and my confidence in the results.

SURG_IN_23 [2025-03-25 17:07:42 -0400] 126 Bytes | 29 tokens | Cum: 4605 tkns (57.56% of 8k)
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====================================
[2025-03-25 14:07:42] # Analysis Completed
Elapsed Time: 52.24 seconds




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