SurgePays, Inc.
SurgePays, Inc. (Nasdaq Capital Market: SURG) operates as a wireless and point of sale technology company serving underserved and value-conscious consumers through an integrated platform combining mobile connectivity, financial technology services, and transaction processing solutions. The company website is… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What SurgePays, Inc. does
In the company’s own words
SurgePays, Inc. (Nasdaq Capital Market: SURG) operates as a wireless and point of sale technology company serving underserved and value-conscious consumers through an integrated platform combining mobile connectivity, financial technology services, and transaction processing solutions. The company website is www.surgepays.com.
The company distributes its products and services through a network of more than 9,000 independently owned convenience stores and similar retail locations, supplemented by digital acquisition channels including ProgramBenefits.com. This dual-channel approach enables both in-store and online activation of wireless services, prepaid top-ups, and financial transactions.
SurgePays operates through three primary business segments. The MVNO Telecommunications segment provides both subsidized wireless services through government-supported programs such as Lifeline and non-subsidized prepaid offerings under brands including LinkUp Mobile. The MVNE Enablement Platform segment, branded as HERO, delivers point of sale transaction processing and software solutions for retail partners, enabling processing of prepaid wireless top-ups, SIM card activations, and financial transactions. The company has also deployed its Managed Marketing Services platform, utilizing in-store digital displays at retail locations to generate advertising revenue. The Comprehensive Platform Services segment leverages direct carrier relationships and the company's mobile virtual network enabler technology to provide wireless services to third-party providers.
The company maintains direct carrier relationships and operates its own mobile virtual network platform, enabling participation in both retail and wholesale wireless markets. The platform is hosted on Amazon Web Services cloud infrastructure and integrates with popular point-of-sale systems from providers including Clover, PAX, and Landi.
As of April 2026, SurgePays employed over 125 professionals across accounting and finance, human resources, programming, customer service, sales, and operations functions. The company targets rural markets and multicultural populations, particularly Hispanic Americans, positioning itself to serve approximately 7.9 million U.S. households lacking internet connections and millions more without adequate broadband infrastructure. The company's business model emphasizes capital efficiency through subscriber acquisition driven by both retail distribution and digital channels, with revenue generated through recurring wireless services, transaction fees, and value-added services.
Company details
- Sector
- Communication Services
- Industry
- Telecommunications
- Headquarters
- BARTLETT, TN
- Fiscal year end
- December
- CIK
- 1392694
- SIC
- 4813
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns SurgePays, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · SurgePays, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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