Surgepays Inc Net Assets
Surgepays Inc net assets. Based on the latest financial reports, Surgepays Inc (SURG) has net assets worth $-20.75 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.24 Million) and total liabilities ($29.99 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SURG net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.75 Million |
| % of Total Assets | -224.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -533.72% |
| 10-Year Change | N/A |
| Growth Volatility | 278.59 |
Net Assets of Surgepays Inc (2006–2025)
Net assets of Surgepays Inc from 2006 to 2025. This chart illustrates how Surgepays Inc's net assets have evolved over time, based on quarterly financial data. See Surgepays Inc (SURG) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Surgepays Inc (2006–2025)
The table below shows the annual net assets of Surgepays Inc from 2006 to 2025. For live market cap and overall valuation, see Surgepays Inc (SURG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-15.40 Million | -200.93% |
| 2024-12-31 | $15.26 Million | -46.27% |
| 2023-12-31 | $28.40 Million | +454.94% |
| 2022-12-31 | $5.12 Million | +44.12% |
| 2021-12-31 | $3.55 Million | +133.11% |
| 2020-12-31 | $-10.73 Million | -128.23% |
| 2019-12-31 | $-4.70 Million | -136.37% |
| 2018-12-31 | $-1.99 Million | -469.43% |
| 2017-12-31 | $538.18K | +129.65% |
| 2016-12-31 | $-1.82 Million | -199.14% |
| 2015-12-31 | $-606.75K | -659.25% |
| 2014-12-31 | $-79.91K | +90.38% |
| 2013-12-31 | $-831.00K | -8.10% |
| 2012-12-31 | $-768.72K | -578.68% |
| 2010-12-31 | $-113.27K | +52.33% |
| 2009-12-31 | $-237.60K | -5522.36% |
| 2007-12-31 | $-4.23K | -106.76% |
| 2006-12-31 | $62.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Surgepays Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9696384400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Surgepays Inc Net Assets Breakdown (December 2025)
Surgepays Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.85K | % |
| Other Components | $81.56 Million | % |
| Total Equity | $-15.40 Million | 100.00% |
Surgepays Inc Competitors by Market Cap
The table below lists competitors of Surgepays Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novavis Group SA
WAR:NVG
|
$3.84 Million |
|
Parx Plastics NV
PA:MLPRX
|
$3.84 Million |
|
Red Sky Energy Ltd
AU:ROG
|
$3.84 Million |
|
Harvest Technology Group Ltd
AU:HTG
|
$3.84 Million |
|
Trugolf Inc
NASDAQ:TRUG
|
$3.83 Million |
|
authID Inc.
NASDAQ:AUID
|
$3.83 Million |
|
West Cobar Metals Ltd
AU:WC1
|
$3.83 Million |
|
TMM REAL EST.DEV.GDR S 1
F:TR61
|
$3.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surgepays Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,315,919 to -15,402,819, a change of -30,718,738 (-200.6%).
- Net loss of 36,069,708 reduced equity.
- New share issuances of 1,774,636 increased equity.
- Other factors increased equity by 3,576,334.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.07 Million | -234.18% |
| Share Issuances | $1.77 Million | +11.52% |
| Other Changes | $3.58 Million | +23.22% |
| Total Change | $- | -200.57% |
Book Value vs Market Value Analysis
This analysis compares Surgepays Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $220.24 | $0.15 | x |
| 2007-12-31 | $-22.24 | $0.15 | x |
| 2009-12-31 | $-19.78 | $0.15 | x |
| 2010-12-31 | $-6.83 | $0.15 | x |
| 2012-12-31 | $-41.01 | $0.15 | x |
| 2013-12-31 | $-44.34 | $0.15 | x |
| 2014-12-31 | $-4.26 | $0.15 | x |
| 2015-12-31 | $-0.91 | $0.15 | x |
| 2017-12-31 | $-0.41 | $0.15 | x |
| 2018-12-31 | $-1.22 | $0.15 | x |
| 2019-12-31 | $-2.44 | $0.15 | x |
| 2020-12-31 | $-5.03 | $0.15 | x |
| 2021-12-31 | $0.81 | $0.15 | x |
| 2022-12-31 | $0.40 | $0.15 | x |
| 2023-12-31 | $1.89 | $0.15 | x |
| 2024-12-31 | $0.80 | $0.15 | x |
| 2025-12-31 | $-0.77 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surgepays Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.32%
- • Asset Turnover: 6.69x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-36.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -32.70% | 0.00% | 0.00x | 1.20x | $-26.71K |
| 2007 | 0.00% | -1141.72% | 0.82x | 0.00x | $-72.35K |
| 2009 | 0.00% | -12180.55% | 0.03x | 0.00x | $-1.07 Million |
| 2010 | 0.00% | -9477.19% | 0.42x | 0.00x | $-451.07K |
| 2012 | 0.00% | -31301.29% | 0.73x | 0.00x | $-578.58K |
| 2013 | 0.00% | -4292.76% | 0.52x | 0.00x | $20.81K |
| 2014 | 0.00% | 1.25% | 8.36x | 0.00x | $41.29K |
| 2015 | 0.00% | -47.16% | 1.08x | 0.00x | $-1.28 Million |
| 2016 | 0.00% | -139.54% | 1.40x | 0.00x | $-4.42 Million |
| 2017 | 0.00% | 20.56% | 4.37x | 0.00x | $2.83 Million |
| 2018 | 0.00% | -10.11% | 3.73x | 0.00x | $-1.34 Million |
| 2019 | 0.00% | -32.81% | 2.58x | 0.00x | $-7.98 Million |
| 2020 | 0.00% | -19.71% | 7.43x | 0.00x | $-9.65 Million |
| 2021 | -381.02% | -26.50% | 2.62x | 5.49x | $-13.89 Million |
| 2022 | -13.64% | -0.56% | 3.57x | 6.81x | $-1.18 Million |
| 2023 | 72.99% | 15.03% | 3.27x | 1.48x | $17.79 Million |
| 2024 | -298.57% | -75.11% | 2.54x | 1.57x | $-47.26 Million |
| 2025 | 0.00% | -63.32% | 6.69x | 0.00x | $-34.53 Million |
Industry Comparison
This section compares Surgepays Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $68,739,916,058
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surgepays Inc (SURG) | $-20.75 Million | -32.70% | N/A | $3.83 Million |
| Array Digital Infrastructure, Inc. (AD) | $4.58 Billion | 0.65% | 1.43x | $1.78 Billion |
| America Movil SAB de CV ADR (AMX) | $245.87 Billion | 18.57% | 4.81x | $71.77 Billion |
| Anterix Inc (ATEX) | $-4.21 Million | 0.00% | 0.00x | $1.61 Billion |
| ATN International Inc (ATNI) | $110.16 Million | 8.34% | 0.29x | $392.79 Million |
| Altice USA Inc (ATUS) | $-2.44 Billion | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $1.79 Billion | 16.27% | 2.88x | $27.63 Million |
| Cogent Communications Group Inc (CCOI) | $-293.17 Million | 0.00% | 0.00x | $302.68 Million |
| Chunghwa Telecom Co Ltd (CHT) | $376.11 Billion | 8.76% | 0.22x | $34.31 Billion |
| Charter Communications Inc (CHTR) | $50.37 Billion | 6.99% | 1.96x | $16.06 Billion |
| Comcast Corp (CMCSA) | $11.30 Billion | 9.43% | 1.54x | $84.33 Billion |
About Surgepays Inc
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in three segments: MVNO wireless brands; MVNE enablement platform (HERO); and point-of-sale (POS) and fintech services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores… Read more