SurgePays guides FY2022 annualized revenue $130M; prelim 2021 rev $51-55M

SurgePays, Inc.

Preliminary 2021 revenue $51-55M; operating loss cut ~50% vs 2020.
SurgePhone subscribers: 30K at year-end 2021; target 200K by end 2022 at $30/mo.
Goal $75M mobile broadband revenue in 2022; consolidated annualized $130M by Q4 2022.
Plans to spin off LogicsIQ subsidiary; team working on maximizing transaction.
Expanding mobile broadband service to 40+ states by April 2022 (currently 14).

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