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Surgepays (Surgepays) Operating Income : $18.9 Mil (TTM As of Dec. 2023)


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What is Surgepays Operating Income?

Surgepays's Operating Income for the three months ended in Dec. 2023 was $0.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $18.9 Mil.

Warning Sign:

Surgepays Inc had lost money in 58% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Surgepays's Operating Income for the three months ended in Dec. 2023 was $0.9 Mil. Surgepays's Revenue for the three months ended in Dec. 2023 was $32.3 Mil. Therefore, Surgepays's Operating Margin % for the quarter that ended in Dec. 2023 was 2.68%.

Surgepays's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Surgepays's annualized ROC % for the quarter that ended in Dec. 2023 was 16.53%. Surgepays's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.78%.


Surgepays Operating Income Historical Data

The historical data trend for Surgepays's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Surgepays Operating Income Chart

Surgepays Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.78 -8.40 -5.97 0.63 18.87

Surgepays Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.54 4.71 6.20 7.09 0.87

Surgepays Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Surgepays  (NAS:SURG) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Surgepays's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=3.464 * ( 1 - 0% )/( (22.672 + 19.246)/ 2 )
=3.464/20.959
=16.53 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Surgepays's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.524/( ( (0.831 + max(10.648, 0)) + (0.75 + max(10.668, 0)) )/ 2 )
=3.524/( ( 11.479 + 11.418 )/ 2 )
=3.524/11.4485
=30.78 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.774 + 14.549 + 0.199) - (7.836 + 0.118 + 5.92)
=10.648

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.536 + 9.047 + 0.162) - (8.057 + 0.02 + 0)
=10.668

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Surgepays's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.866/32.318
=2.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Surgepays Operating Income Related Terms

Thank you for viewing the detailed overview of Surgepays's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Surgepays (Surgepays) Business Description

Traded in Other Exchanges
Address
3124 Brother Boulevard, Suite 104, Bartlett, TN, USA, 38133
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 Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services). The Company's blockchain platform utilizes a suite of financial and prepaid products to convert corner stores into tech hubs for underbanked neighbourhoods. The neighbourhood stores are profit partners that provide a multichannel distribution network for SurgePays.
Executives
Kevin Brian Cox director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 3124 BROTHER BLVD, STE. 104, BARTLETT W6 38133
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Richard Earl Schurfeld director 1600 MADISON AVENUE, 4TH FLOOR, TOLEDO OH 43604
John Mott officer: CHIEF TECHNOLOGY OFFICER 890 W, HILLWOOD DM, NASHVILLE TN 37205
David Allen May director 12131 BROOKS RIVER DR, ARLINGTON TN 38002
Nuzzo Anthony P. Jr director, officer: President and COO 3124 BROTHER BLVD, STE 104, BARTLETT TN 38133
Anthony Geogre Evers officer: Chief Financial Officer 701 ASHTON LANE, SOUTH ELGIN IL 60177
David N Keys director 3770 HOWARD HUGHES PARKWAY, STE 300, LAS VEGAS NV 89109
David C Ansani director 1375 VALLEY RD, BANNOCKBURN L3 60015
Campbell Ted Dudley Ii director PO BOX 1358, SPRING BRANCH TX 78070
Clinton W Coldren director, 10 percent owner, officer: PRESIDENT, CEO & CFO 1535 SONIAT ST.,, NEW ORLEANS LA 70115
Alan G Massara director 339 NORWOOD AVENUE, AVON BY THE SEA NJ 07717
Ross E Silvey director, officer: CEO and President 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Vladimir Fedyunin director, 10 percent owner, officer: President, CEO and CFO PO BOX 158, LIONS BAY A1 VON 2E0

Surgepays (Surgepays) Headlines