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Re: None

Monday, 09/12/2022 5:27:32 PM

Monday, September 12, 2022 5:27:32 PM

Post# of 19858

For Surgepays, a negative ROCE ratio of -0.41% suggests that management may not be effectively allocating their capital.

Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns; poor capital allocation can be a leech on the performance of a company over time.

Analyst Predictions

Surgepays reported Q2 earnings per share at $-0.07/share, which did not meet analyst predictions of $0.36/share.

https://www.msn.com/en-us/news/other/looking-into-surgepayss-return-on-capital-employed/ar-AA11BAWi

It appears Benzinga is saying CEO Brian Cox is a leech.


SurgePays missed the street by $.43 per share, with a loss rather than profit.

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