Deep-Dive Due Diligence AI Generated Report on 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 reports are generated using 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 [2025-03-26 04:00:39 -0400] 1927 Bytes | 553 tokens | Cum: 553 tkns (6.91% of 8k)
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Listen up, partner—it's 4:00:37 AM on Wed Mar 26, 2025 -0400, and I’m revved up about SurgePays (SURG), climbing from 1.38 to 2.65. 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 - Mar-25-25 07:13PM - SurgePays, Inc. (SURG) Q4 2024 Earnings Call Transcript
C2 - Mar-25-25 07:13PM 05:25PM - SurgePays, Inc. (SURG) Reports Q4 Loss, Tops Revenue Estimates
C3 - Mar-25-25 07:13PM 04:05PM - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12 Months
C4 - Mar-11-25 08:30AM - SurgePays Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Date
C5 - Feb-13-25 08:30AM - SurgePays Appoints Allison Seyler as Vice President of Sales to Drive Growth Across Direct, Partner and Reseller Channels
C6 - Jan-24-25 08:30AM - SurgePays Appoints Mark Garner as Executive Vice President
C7 - Jan-15-25 08:00AM - GPOPlus+ Teams Up With SurgePays to Launch New Sales Channels
C8 - Dec-10-24 08:30AM - SurgePays' ClearLine Marketing Platform Integrates with Clover Point of Sale System

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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C3

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Showing C3 (chunk 1 of 10): C3:
**SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12 Months**
Date: Mar-25-25 07:13PM 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

-- 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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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 - 2025-03-25T23:13:39Z - SurgePays, Inc. (SURG) Q4 2024 Earnings Call Transcript...
A2 - 2025-03-25T22:26:00Z - SurgePays, Inc. (SURG) Reports Q4 Loss, Tops Revenue Estimates...
A3 - 2025-03-25T20:37:32Z - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12...
A4 - 2025-03-25T20:24:05Z - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12...
A5 - 2025-03-25T20:06:44Z - SurgePays Reports 2024 Financial Results and Issues Revenue Guidance of Over $200 Million in Next 12...

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 3): A1:
**SurgePays, Inc. (SURG) Q4 2024 Earnings Call Transcript**Date: 2025-03-25Source: {'uri': 'seekingalpha.com', 'dataType': 'news', 'title': 'Seeking Alpha'}URL: https://seekingalpha.com/article/4770385-surgepays-inc-surg-q4-2024-earnings-call-transcriptSurgePays, Inc. (NASDAQ:SURG) Q4 2024 Earnings Conference Call March 25, 2025 5:00 PM ET

Company Participants

Brian Cox - President & Chief Executive Officer

Anthony Evers - Chief Financial Officer

Conference Call Participants

Kunal Madhukar - Water Tower Research

Anja Soderstrom - Sidoti

Ed Woo - Ascendiant Capital

Michael Diana - Maxim Group

Operator

Greetings. Welcome to SurgePays Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]

Please note this conference is being recorded. I w

-- 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 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)

SURG_IN_12 [2025-03-26 04:00:51 -0400] 336 Bytes | 68 tokens | Cum: 1935 tkns (24.19% of 8k)
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SurgePays has entered into a partnership with AT&T to provide 4G LTE and 5G wireless services. The partnership aims to expand the reach to underserved markets and utilize SurgePays' distribution network to offer cost-effective wireless solutions to rural and cost-sensitive customers. This news has positively affected SurgePays' stock.

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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 - 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 ...

S3 - 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...

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: 16.64% |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+------------------------+
| Avg Volume: 114.43K | SMA200: -30.34% | Shs Outstand: 19.65M | Short Float: 2.87% | Employees: 262 | EPS Surprise: -332.32% |
+---------------------+-----------------------+-----------------------+-------------------------+------------------------+------------------------+
| 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: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 4769697.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -14279744.0, '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: 706239.14
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: The company has experienced impressive sales growth over the past 5 years (64.02%) and the recent quarter showed a sales surprise of 16.64%. However, the EPS surprise was a negative 332.32%, indicating severe underperformance in earnings. The company's short-term (SMA50: -0.85%) and long-term (SMA200: -30.34%) moving averages suggest a bearish trend. Additionally, the company's sales in the most recent year-to-date period have decreased significantly (-40.73%). The company's high insider ownership (30.82%) could suggest confidence from management, but the negative insider transactions (-3.09%) and high short interest (2.87%) may indicate negative sentiment in the market.

2) MARKET_SCORE: Given the negative SMA figures and bearish market indicators, the likelihood of an upward move in the short term is low. I would assign a MARKET_SCORE[30].

3) PRICE_TARGET: Considering the company's recent sales decline and negative EPS surprise, a conservative estimate for the price target would be a slight increase from the latest close of $1.38. Therefore, PRICE_TARGET[$1.45].

4) AI_RPT_HEADLINE: "Bearish Indicators Dominate Despite Sales Growth, Uncertain Future Ahead."

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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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-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes. More detailed insights into the company's financial health, business changes, and potential risks would have helped in making a more confident analysis.

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====================================
[2025-03-26 01:01:19] # Analysis Completed
Elapsed Time: 42.23 seconds




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