Surgepays Inc Reports Record Revenue Surge Amid Operational Efficiency Gains, Challenges Remain

Surgepays Inc reported a 292% YoY revenue increase to $18.7 million in Q3 2025, with over 125,000 subscribers for its Torch Wireless brand and 95,000 recurring active subscribers for Link Up Mobile. The company has reduced SG&A expenses by 32.5% YoY and formed a strategic partnership with CorePay to create new recurring revenue streams. However, Surgepays Inc reported a net loss of $7.5 million for Q3 2025 and faces challenges in achieving profitability.