SurgePaysSURG
About: Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Mobile Virtual Network Operators that provide mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through SurgePhone Wireless, LLC and Torch Wireless, LLC; Comprehensive Platform Services provide financial technology and a wireless top-up platform to independently owned convenience stores throughout the country; and Others. It generates the majority of its revenue from the Mobile Virtual Network Operators segment.
Employees: 20
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
239% more call options, than puts
Call options by funds: $173K | Put options by funds: $51K
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
9% more capital invested
Capital invested by funds: $3.52M [Q4 2024] → $3.86M (+$335K) [Q1 2025]
0.67% less ownership
Funds ownership: 9.82% [Q4 2024] → 9.15% (-0.67%) [Q1 2025]
7% less funds holding
Funds holding: 30 [Q4 2024] → 28 (-2) [Q1 2025]
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Ascendiant Capital Edward Woo | 239%upside $8.75 | Buy Maintained | 22 Apr 2025 |
Financial journalist opinion
