SurgePays sees Q3 sequential revenue growth of over 60%, consensus $18.12M

CEO Brian Cox stated, “SurgePays (SURG) is executing across a multi-channel growth platform – Lifeline (subsidized), LinkUp Mobile (prepaid), HERO (MVNE wholesale), prepaid top-up, and ClearLine SaaS point-of-sale. There are synergies between each of these revenue channels, not isolated initiatives, that together strengthen with every subscriber, transaction, and retailer added to the SurgePays ecosystem. We believe our strength lies in our ability to combine cutting-edge technology with a nationwide retail distribution network, bringing telecom and financial products directly to underserved communities where people live and shop. This powerful combination of technology and retail gives us a sustainable competitive advantage and positions us as a long-term leader in a large total addressable market that is very difficult to replicate. Our experienced team has been strategically investing and building since 2022 on integration with AT&T, operational infrastructure/technology, and talent. Today, the platform and development of distribution, technology, and new products are well established, supporting multiple high-margin revenue streams for years of sustained growth. This synergy generates recurring revenue, provides competitive advantages that are extremely difficult to replicate, and lays the foundation for significant year-over-year growth”.