Just revenue window dressing. Wasn't that the money-losing ECS dilution/financing/debt/purchase junk revenue? Yup. Big deal. Garbage revenue, always requiring borrowing to maintain. Stupid business model, unless it's a scam. Then it's intentional devaluation as is the SurgePays scam..
SurgePays Inc. is a junk-stock company. No growth here.
Growth stocks may appear in any sector or industry and typically trade at a high price/earnings (P/E) ratio. They may not have earnings at the present moment but are expected to in the future. . . . Growth stocks tend to share a few common traits. For example, growth companies tend to have unique product lines. They may hold patents or have access to technologies that put them ahead of others in their industry. In order to stay ahead of competitors, they reinvest profits to develop even newer technologies and patents as a way to ensure longer-term growth.