SurgePays, Inc.
SurgePays is a wireless and point-of-sale technology company serving underserved and value-conscious consumers through retail and digital channels. It operates three business lines: wireless services, platform services through its HERO mobile virtual network enabler platform, and wholesale enablement. Wireless offerings include Lifeline service for eligible consumers and prepaid plans under brands including LinkUp Mobile. Its platform provides retailers with software and transaction processing for prepaid top-ups, SIM activations, and financial transactions, including debit and gift card services. Wholesale services include SIM provisioning, billing, and network access for third-party providers. SurgePays also operates ProgramBenefits.com for digital customer acquisition and a Managed Marketing Services platform that delivers advertising through in-store digital displays. It distributes products through more than 9,000 independently owned convenience stores and similar locations. The company earns money from wireless services, transaction fees, wholesale enablement, and advertising and other value-added services. Its executive offices are in Bartlett, Tennessee.
No enriched coverage for $SURG in the last 7 days.
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See all $SURG insider activity →SurgePays (NASDAQ:SURG) announced a $48M prepaid wireless deal with Etime system, committing to $4M monthly purchases from October 2026 to September 2027. The agreement renews annually. SurgePays provides wireless brands and payment solutions, while Etime system operates a payments network with 1,000+ retail locations.
SurgePays, Inc. (SURG) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 SurgePays Signs Agreement with Etime system for $48 Million in Annual Prepaid Wireless Purchase Volume Etime system commits to at least $4 million a month in prepaid wireless purchase volume, with the initial rollout currently underway BARTLETT, Tenn., Nov. 3 rd , 20
SurgePays (NASDAQ: SURG) launched GrowthLine, a platform allowing partners to launch wireless brands in 30 days using its infrastructure. Partners focus on marketing while SurgePays handles operations. Six companies have signed agreements, and the first partner brand is expected to launch this month. The company aims to expand its revenue through partnerships and expects operating leverage from added subscribers.
Recent SURG coverage spans earnings, financial news and technology.
The disclosed minimum purchase commitment and monthly floor add contracted volume visibility for SurgePays' retail POS and prepaid wireless airtime business.
The new contract adds recurring prepaid wireless volume, potentially boosting SurgePays' top line.
The announcement introduces a potentially significant growth avenue for SurgePays, likely leading to positive market sentiment.
Asset sale provides cash infusion and validates business model.
The acquisition adds technology assets and may improve long‑term revenue, but dilutes existing shareholders with 25M preferred shares.
AlphAI scores every news story that mentions SURG with an AI model for sentiment and relevance, and aggregates insider trades from SurgePays, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
SurgePays (NASDAQ:SURG) announced a $48M prepaid wireless deal with Etime system, committing to $4M monthly purchases from October 2026 to September 2027. The agreement renews annually. SurgePays provides wireless brands and payment solutions, while Etime system operates a payments network with 1,000+ retail locations.
SurgePays, Inc. (SURG) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 SurgePays Signs Agreement with Etime system for $48 Million in Annual Prepaid Wireless Purchase Volume Etime system commits to at least $4 million a month in prepaid wireless purchase volume, with the initial rollout currently underway BARTLETT, Tenn., Nov. 3 rd , 20
SurgePays (NASDAQ: SURG) launched GrowthLine, a platform allowing partners to launch wireless brands in 30 days using its infrastructure. Partners focus on marketing while SurgePays handles operations. Six companies have signed agreements, and the first partner brand is expected to launch this month. The company aims to expand its revenue through partnerships and expects operating leverage from added subscribers.
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SurgePays, Inc. (SURG) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 1.01. Entry into a Material Definitive Agreement. On September 7, 2026, SurgePays, Inc. (the “ Company ”) entered into an Asset Purchase Agreement (the “ Purchase Agreement ”) with GPO Plus, Inc. (“ GPO Plus ”), and ClearLine Apps, LLC, a newly formed subsidiary of GPO Plus
SurgePays (SURG) reported Q2 2026 EPS of $0.05, beating estimates, but shares fell 30% after-hours due to a going concern warning. Revenue rose 40.7% YoY to $16.2M, but liquidity issues persist with $1.95M in cash and $21.3M working capital deficit. The company announced a joint venture with a US wireless distributor, aiming to target 1M subscribers.
SurgePays, Inc. (NASDAQ: SURG) reported a Q2 2026 net loss of $5.6 million, up from $2.2 million in Q2 2025, due to higher costs and derivative losses. Revenue fell to $29.8 million from $35.7 million. The company has $9.5 million in cash but faces $13.9 million in near-term debt obligations, potentially requiring additional capital.
SurgePays reported a 40.7% revenue increase in Q2 2026, with a $1.29M profit due to a one-time $8.5M contract settlement. The company continues to face losses, working capital deficits, and going concern risks, according to its SEC 10-Q filing.
SurgePays (SURG) reported Q2 2026 revenue of $16.2M and H1 2026 revenue of $32.2M, up from $11.5M and $22.1M in 2025, driven by its Point-of-Sale and Prepaid Services segment. However, it recorded a six-month net loss of $10.76M and a cash burn of $7.18M, leading management to express substantial doubt about its ability to continue as a going concern. The company also faces Nasdaq compliance issues and has authorized up to $20M in additional convertible secured note financing to address liquidit
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