Surgepays, Inc. · NASDAQ:SURG
Surgepays — Investor Presentation (January 2024)
16 slides from Surgepays's investor presentation, Jan 9, 2024
Slide 1: SurgePays
S SurgePays
Slide 2: Safe Harbor Disclosure
Safe Harbor Disclosure The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. In all cases, intereste
Slide 3: Overview
. e Overview SurgePays is a technology and telecom company focused on underbanked and underserved communities —/- Prepaid Top-ups LinkUp Mobile Financial empowerment for those without checking accounts or credit cards. Technology- layered platform enables clerks at 1,000 of convenience stores to pro
Slide 4: Market Opportunity
Market Opportunity e 100+ Million Adults in the U.S. are Prepaid Customers’ a 4 The underbanked conduct the majority of financial Over 1/3 of the U.S. Population is Under or Unbanked' transactions at their trusted local convenience store closest to their home. SurgePays utilizes these stores as the
Slide 5: SurgePhone + Torch Wireless
SurgePhone + Torch Wireless e GS SurgePhone gl ORCH SurgePhone and Torch Wireless are Mobile Virtual Network Operators (MVNOs) licensed by the FCC to provide subsidized wireless services (Talk, Text & Data) to over 250,000 subscribers. Any household receiving government benefits such as SNAP/Food St
Slide 6: SurgePays Prepaid Top-up
SurgePays Prepaid Top-up Enabling 3rd Party Customer Transactions S SurgePays SurgePays platform enables store clerks to perform point-of- sale transactions for all prepaid companies Prepaid services include prepaid wireless top-ups for every company, loading prepaid debit cards, gift card activatio
Slide 7: LinkUp Mobile
LinkUp Mobile Prepaid Wireless Brand Newly launched, lowest cost prepaid Ss wireless brand Prepaid Wireless Made Easy Unlock Seamless Connectivity Substantial market of over 100 million prepaid customers in the U.S., predominantly using cash for their service payments We are the only wireless compan
Slide 8: Complementary Services Drive Revenue
Complementary Services Drive Revenue Services Flywheel Powers Growth Drive Wireless Subscriber Base > Estimated 20% of transactions at C-stores are on Benefit Cards (EBT/WIC) in ‘ACP lower-income areas? Enrollments » Seamless lead generation when customers utilize their EBT cards » Effortless enroll
Slide 9: 2024 Growth Strategies
2024 Growth Strategies *e Services Flywheel Powers Growth Organic Opportunistic Expansion > Successfully launch prepaid brand » Add complementary services Linkup Mobile such as Telehealth, Digital Payments & Streaming > Upsell ACP customers (limit 1 per acquisitions household) to prepaid wireless fa
Slide 10: Comparable Analysis
Comparable Analysis Market Capitalization Q32023Revenue 99 2023 Net ‘Company Name Income (sm) (sm) eM) Nuvera Communications, Inc. (NUVR) 51.8 163 48 Tingo Group, Inc. io) 166.9 586.2 202 ‘Spok Holdings, Inc. (SPOK) 303.1 35.4 45 LICT Corporation (cn 303.8 28.8 32 ‘SurgePays, Inc. {SURG) 101.4 342 7
Slide 11: Financial Profile
Financial Profile e SurgePays Net Income & EBITDA Growth Q/Q ($mm) 2022 FQ3 2022 FQ4 2023 FQI 2023 FQ2 2023 FQ3 SSurgePays 71 73 6.0 6.4 45 49 3.8 ; i l mNetIncome mEBITDA
Slide 12: Capitalization Summary
Capitalization Summary As of September 30, 2023 Cap Table Common Shares Outstanding 14176914 Warrants (WAEP: $4.99) 5,616,892 ‘Stock Options (WAEP: $16.00) 11,902 Fully Diluted Shares Outstanding 19,805,708 » Insider Holdings » ~40% of Common Shares Outstanding » Management interests aligned with sh
Slide 13: Management
Management SSurgePays Brian Cox Chairman and CEO + Accomplished Telecom entrepreneur growing bestin-class ‘companies for over 20 years + Built the largest prepaid home phone company in the country before being sold in 2009 + Built CLEC from 1 10 over 1,300 employees in two countries + Previously dir
Slide 14: Board of Directors
Board of Directors S SurgePays Laurie Weisberg Director + Seasoned professional with 30+ years in digital technology and ‘marketing services + Leadership roles include CEO, Chief Sales Officer, and Chief Revenue Officer in companies like Creatd, Intent, and Thrive + Currently serving as the Chief Co
Slide 15: Investment Highlights
Investment Highlights 11. Based on internal estimates S SurgePays 6o00e 0 Multi-Billion Dollar Growing Market Opportunity Poised for significant growah in a fragmented market that grows. ‘every year organically and through immigration’ Deep Value with Hyper-Growth ‘SurgePays strategically delivers c
Slide 16: Contact Us
Contact Us Investor Relations 9 i “an w Brian M. Prenoveau, CFA MZ North America (561) 489-5315 SURG@mzgroup.us www.surgepays.com