SPRS
Surge Components, Inc.3.2500
+0.0900+2.85%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
18.55MP/E (TTM)
21.67Basic EPS (TTM)
0.15Dividend Yield
0%Recent Filings
8-K
10-Q
Q3 FY2025 results
Surge Components posted solid Q3 FY2025 results, with net sales climbing 28.9% year-over-year to $10.3M and 18.1% year-to-date to $26.4M, fueled by new and existing customers plus distribution channels. Gross margins dipped to 27.7% from 31.2% amid lower-margin sales, yet operating income rose 23.1% to $658.8K on higher volumes. Diluted EPS held steady at $0.08, aligning with 5.82M weighted shares. Cash stood at $4.3M with $8.7M in marketable securities and no debt on its $3M line; free cash flow wasn't disclosed in the 10-Q. Stock-based comp drove up G&A expenses. Tariffs pressured costs, but the firm passed some to buyers. China sales surged 85% to $7.5M YTD. Supply chain snags loom as a key risk.
10-Q
Q2 FY2025 results
Surge Components posted solid Q2 FY2025 results, with net sales climbing 21.4% y/y to $8.9M and 12.2% YTD to $16.1M, fueled by new and existing customer wins plus higher-margin sales. Gross margins expanded to 30.2% from 27.3% y/y, yet operating expenses surged 39% q/q to $2.6M, driven by $532K in stock-based compensation, squeezing operating income to $61K from $113K. Net income dipped to $118K, or $0.02 diluted EPS on 5.75M shares—consistent with calculations. Cash stood at $4.0M with $8.8M in marketable securities and no debt on its $3M line; free cash flow not disclosed in the 10-Q. Sales to China jumped 83% YTD to $4.7M, underscoring Asia's pull. Liquidity looks sturdy. Tariffs remain a nagging risk, hiking costs on China imports.
10-Q
Q1 FY2025 results
Surge Components posted solid Q1 FY2025 results, with net sales climbing 2.5% year-over-year to $7.2M, driven by gains with new and existing customers, while gross profit held steady at $2.0M with margins dipping to 28.3% from 29.0% on lower-margin products. Operating expenses fell 3.7% to $2.0M, yielding a slim operating loss of $2,544 versus income of $84,563 last year, but investment income surged to $125K from Treasury holdings, flipping net income to $57K from a $72K loss. Cash dipped to $3.9M after investing $1.6M in securities, yet liquidity stays robust with $19M working capital and no debt on the $3M line. No M&A or non-GAAP metrics disclosed in the 10-Q. Customer concentration persists. Tariffs add pricing pressure.
10-K
FY2024 results
Surge Components posted FY2024 net sales of $31.2 million, down 14.0% year-over-year from $36.3 million, as customers worked through excess inventory from prior supply chain rushes, delaying new orders. Yet gross margins expanded to 28.5% from 27.4%, buoyed by higher-margin customer mix, while net income dipped to $825,677 from $972,110. Backlog shrank to $9.4 million from $11.4 million, signaling softer demand momentum into Q4. Cash swelled to $5.6 million with $7.1 million in marketable securities, funding $1.8 million in operating cash flow. No dividends or buybacks; capex stayed lean. Management eyes 2025 challenges from inflation and economic headwinds. Supply disruptions from Asia loom large.
IPO
Website
Employees
Sector
Industry
ARW
Arrow Electronics, Inc.
112.76-0.70
CPSH
CPS Technologies Corp.
3.25-0.05
CTS
CTS Corporation
44.52+0.39
DSWL
Deswell Industries, Inc.
3.30+0.00
EACO
EACO Corp.
83.84+0.00
ESP
Espey Mfg. & Electronics Corp.
42.96-1.62
IZM
ICZOOM Group Inc.
1.04-0.11
NLST
Netlist, Inc.
0.78-0.05
SONO
Sonos, Inc.
18.24-0.09
TAIT
Taitron Components Incorporated
1.20-0.02