EBIT (Quarterly)

EBIT: Income before interest and taxes.

SurgePays, Inc. (SURG) had EBIT of $-11.20M for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$15.98M
Net Income	$-12.05M
Cost of Goods Sold	$23.68M
Gross Profit	$-7.70M
Operating Expenses	$27.18M
Operating Income	$-11.20M
Non-Operating Income/Expense	$-0.85M
Pre-Tax Income	$-12.05M
Normalized Pre-Tax Income	$-12.05M
Income after Taxes	$-12.05M
Income from Continuous Operations	$-12.05M
Consolidated Net Income/Loss	$-12.05M
Normalized Income after Taxes	$-12.05M
EBIT	$-11.20M
EBITDA	$-10.52M
Weighted-Average Shares Outstanding (Basic)	23.70M
Weighted-Average Shares Outstanding (Diluted)	23.70M
Earnings per Share (EPS) (Basic)	$-0.51
Earnings per Share (EPS) (Diluted)	$-0.51
Balance Sheet Financials
Current Assets	$8.21M
Property, Plant, and Equipment	$0.38M
Long-Term Assets	$1.29M
Total Assets	$9.50M
Current Liabilities	$30.04M
Long-Term Debt	$3.29M
Long-Term Liabilities	$3.33M
Total Liabilities	$33.37M
Common Equity	$-23.87M
Tangible Shareholders Equity	$-24.52M
Shareholders Equity	$-23.87M
Common Shares Outstanding	24.19M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-4.55M
Cash Flow from Investing Activities	--
Cash Flow from Financial Activities	$4.95M
Beginning Cash	$2.01M
End Cash	$2.42M
Increase/Decrease in Cash	$0.40M
Stock-Based Compensation	$0.39M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.27
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	-0.16
Debt to Equity Ratio	-0.64
Gross Margin	-48.16%
Operating Margin	-70.07%
EBIT Margin	-70.07%
EBITDA Margin	--
Pre-Tax Profit Margin	-75.39%
Profit Margin	-75.39%
Free Cash Flow	$-4.55M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.68
Inventory Turnover	69.74
Receiveable Turnover	3.17
Days Sales in Receivables	28.39
Return on Equity	50.49%
Return on Tangible Equity	49.14%
Return on Assets	-126.83%
Return on Investments	58.55%
Book Value Per Share	$-0.99
Free Cash Flow per Share	$-0.19
Operating Cash Flow per Share	$-0.19

Data from Zacks Investment Research, Inc.