SURGEPAYS financial statements

서지페이스NASDAQ:SURG · Nasdaq · Telecom Services · sector #13
$0.1490-0.60%
2026-10-07 close

SURGEPAYS's published financial data is dated 2026-10-04. 2024 revenue was $61M. 2024 operating profit was −$44M.

Reported results

Financial safety

Reference indicatorAs of 2024
Distress zoneFinancial-metric reference signal
Altman Z'' zoneZ'' -15.43
Distress
Grey
Safe
The marker shows the current Z'' value within the displayed zones.
Altman Z''
-15.43
Beneish M-Score
-8.47

No statistical flag

Sloan accrual
-101.85%

부실·조작 위험을 나타내는 사실 지표입니다. 투자 조언이 아니며, 검증 전이라 참고용입니다.

Factual information, not investment advice.

Earnings quality · Piotroski F-Score

2/9Weak

Piotroski measures year-over-year financial improvement, not absolute quality.

Financial improvement score2/9

Profitability

  • Positive ROANot passed
  • Positive OCFNot passed
  • Improving ΔROANot passed
  • Accruals (OCF > net income)Pass

Leverage & liquidity

  • Lower debtNot passed
  • Higher current ratioPass
  • No new sharesNot passed

Efficiency

  • Higher gross marginNot passed
  • Higher asset turnoverNot passed

Calculation note: F7(신주)은 equity/asset 유지로 근사

Already-stable companies may score lower when year-over-year improvement is limited.

Factual information, not investment advice.

Forensic signals

Anomaly and structural signals observed in the financial statements.

Revenue qualityDanger

매출 흑자인데 영업CF 적자 (OCF/매출 -35%). 통계적 정황 신호이며 회계부정 단정이 아닙니다.

Margin trendWarning

영업이익률 악화 (13.8% → -71.7%, -85.5%p). 통계적 정황 신호이며 회계부정 단정이 아닙니다.

Factual information, not investment advice.

Risk sensitivity — adverse assumptions

Metric changes under stated assumptions; not a forecast or investment advice.

Base metrics

Operating margin
-71.7%
Interest coverage
-78.8x
Return on equity (ROE)
-298.6%

Operating margin −5pp

Operating loss
Interest coverageBase -78.8x adverse case -84.3x
Return on equity (ROE)Base -298.6% adverse case -308.5%

Revenue −15%

Interest coverage risk
Interest coverageBase -78.8x adverse case -67x
Return on equity (ROE)Base -298.6% adverse case -245.9%

Interest rate +2pp

Interest coverage risk
Interest coverageBase -78.8x adverse case -60x
Return on equity (ROE)Base -298.6% adverse case -289.8%

Interest coverage limit

Already below the limit by 72.6pp

Interest coverage limit at an operating margin of 0.9%

Interest expense coverage threshold

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