SOPA - Society Pass Inc Stock Price, Fair Value and News

0.14USD-0.01 (-6.67%)Market Closed

Market Summary

USD0.14-0.01

Market Closed

-6.67%

SOPA Stock Price

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SOPA RSI Chart

SOPA Valuation

Market Cap

5.7M

Price/Earnings (Trailing)

-0.31

Price/Sales (Trailing)

0.69

EV/EBITDA

-0.11

Price/Free Cashflow

-0.4

SOPA Price/Sales (Trailing)

SOPA Profitability

Operating Margin

30.23%

EBT Margin

-221.17%

Return on Equity

-360.77%

Return on Assets

-110.88%

Free Cashflow Yield

-249.41%

SOPA Fundamentals

SOPA Revenue

Revenue (TTM)

8.2M

Rev. Growth (Yr)

-21.22%

Rev. Growth (Qtr)

-26.28%

SOPA Earnings

Earnings (TTM)

-18.1M

Earnings Growth (Yr)

43.84%

Earnings Growth (Qtr)

-44.54%

Breaking Down SOPA Revenue

52 Week Range

0.141.16

(Low)(High)

Last 7 days

25%

Last 30 days

-6.2%

Last 90 days

-25%

Trailing 12 Months

-84.4%

How does SOPA drawdown profile look like?

SOPA Financial Health

Current Ratio

0.77

SOPA Investor Care

Shares Dilution (1Y)

34.04%

Diluted EPS (TTM)

-0.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	21.8M	15.0M	8.2M
2022	38.6M	41.7M	35.4M	28.6M
2021	11.6M	19.3M	27.0M	34.8M
2020	0	0	0	3.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Society Pass Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 31, 2023	cutler linda susan	bought	33,338	0.2948	113,088	-
Dec 31, 2023	mackay john sebastian	bought	33,338	0.2948	113,088	-
Dec 31, 2023	miller jeremy	bought	33,338	0.2948	113,088	-
Dec 31, 2023	tan bien kiat	bought	33,338	0.2948	113,088	-
Oct 24, 2023	tan bien kiat	bought	29,000	0.29	100,000	-
Sep 30, 2023	cutler linda susan	bought	33,336	0.4656	71,598	-
Sep 30, 2023	miller jeremy	bought	33,336	0.4656	71,598	-
Sep 30, 2023	mackay john sebastian	bought	33,336	0.4656	71,598	-
Sep 30, 2023	tan bien kiat	bought	33,336	0.4656	71,598	-
Aug 02, 2023	nguyen dennis luan thuc	gifted	-	-	-1,550,000	chief executive officer

Which funds bought or sold SOPA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	DRIVE WEALTH MANAGEMENT, LLC	unchanged	-	-6,467	6,997	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-7,582	28,887	-%
Feb 26, 2024	Virtu Financial LLC	added	295	20,000	29,000	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	-2,367	10,448	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-1,156	-	-%
Feb 14, 2024	Prospera Financial Services Inc	new	-	3,287	3,287	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	sold off	-100	-4,968	-	-%
Feb 14, 2024	Royal Bank of Canada	added	187	-	-	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	315	27,593	39,162	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	reduced	-0.2	-1,064	4,004	-%

Are Funds Buying or Selling SOPA?

Are funds buying SOPA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SOPA

No. of Funds

Unveiling Society Pass Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2022	nguyen dennis luan thuc	29.8%	7,208,100	SC 13G/A

Recent SEC filings of Society Pass Inc

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	10-K	Annual Report
Mar 29, 2024	NT 10-K	NT 10-K
Feb 15, 2024	5	Insider Trading
Feb 14, 2024	5	Insider Trading
Feb 14, 2024	5	Insider Trading
Feb 14, 2024	5	Insider Trading
Feb 14, 2024	5	Insider Trading

Peers (Alternatives to Society Pass Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	264.8B	34.9B	-10.72%	42.56%	64.03	7.6	11.18%	1888.46%
UBER	143.9B	37.3B	-11.08%	133.42%	76.24	3.86	16.95%	120.64%
ADSK	46.3B	5.3B	-17.31%	13.94%	50.48	8.66	9.15%	48.14%
ANSS	28.4B	2.3B	-6.55%	5.04%	56.85	12.53	9.90%	-4.45%
ZM	18.4B	4.5B	-8.02%	-0.65%	28.79	4.05	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-12.57%	74.15%	2.9K	12.44	31.48%	103.97%
LYFT	6.2B	4.4B	-18.24%	59.70%	-18.17	1.4	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-11.04%	37.40%	40.55	3.7	4.64%	44.42%
AI	2.7B	296.4M	-18.11%	25.27%	-9.83	9.01	11.14%	-3.59%
AGYS	2.3B	228.1M	5.08%	7.59%	26.15	10.01	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	185.7M	572.4M	-26.32%	-84.78%	-0.94	0.32	-19.38%	-489.49%
ASUR	180.2M	119.1M	-7.71%	-47.86%	-19.56	1.51	24.27%	36.31%
AEYE	173.7M	31.3M	42.67%	140.00%	-29.58	5.55	4.69%	43.72%

Society Pass Inc News

Latest updates

Society Pass Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Revenue	-26.3%	1,672,757	2,269,066	2,196,132	2,123,198	2,050,264	7,443,820	6,590,539	19,271,009	8,420,408	4,349,334	2,723,498	-	-
Cost Of Revenue	-39.7%	1,028,727	1,706,502	1,610,073	1,967,168	1,742,329	499,200	459,883	446,390	159,436	86,562	18,295	-	20,316
Gross Profit	14.5%	644,030	562,564	577,159	673,969	307,935	-138	-14,793	-27,328	-75,902	-78,779	-8,789	-	-8,687
Operating Expenses	18.9%	5,595,898	4,705,069	3,992,972	10,513,813	10,408,311	7,615,974	6,584,931	19,245,349	8,345,015	4,245,914	2,185,097	-	1,609,781
S&GA Expenses	-52.9%	111,679	236,874	98,714	335,726	212,666	253,290	196,102	242,168	42,843	41,284	900	-	-
R&D Expenses	9.6%	13,868	12,649	15,209	16,372	19,759	17,320	19,548	19,111	9,709	36,828	30,161	-	33,658
EBITDA Margin	-62.1%	-2.21	-1.36	-1.19	-1.07	-1.14	-0.93	-0.92	-0.91	-0.11	-0.15	-0.26	-0.76	-
Interest Expenses	-350.0%	-695	278	300	9,399	11,277	384	4,045	5,028	12,272	12,157	12,057	-	12,261
Income Taxes	2969.8%	22,901	746	1,054	796	736	797	1,302	1,193	1,303	6,903	1,737	-	4.00
Earnings Before Taxes	-39.3%	-5,458,528	-3,917,300	-3,308,176	-9,772,760	-10,062,731	-7,585,797	-6,590,103	-19,334,549	-8,427,964	-4,335,848	-2,755,243	-	-1,626,989
EBT Margin	-47.9%	-2.21	-1.50	-1.31	-1.19	-1.23	-1.01	-1.00	-1.00	-0.14	-0.20	-0.33	-0.98	-
Net Income	-44.5%	-5,582,175	-3,861,929	-3,309,230	-9,939,878	-9,959,793	-7,586,594	-6,591,405	-19,335,742	-8,429,267	-4,342,751	-2,756,980	-	-1,626,993
Net Income Margin	-47.7%	-2.22	-1.50	-1.31	-1.19	-1.23	-1.01	-1.00	-1.00	-0.14	-0.20	-0.33	-0.98	-
Free Cashflow	-43.6%	-4,124,128	-2,872,515	-2,925,443	-3,689,473	-5,823,177	-2,915,879	-2,591,496	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet											(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Assets	-21.1%	16.00	21.00	24.00	26.00	33.00	41.00	37.00	42.00	35.00	11.00	8.00
Current Assets	-32.8%	8.00	12.00	15.00	17.00	23.00	28.00	33.00	37.00	30.00	6.00	1.00
Cash Equivalents	-54.7%	4.00	8.00	11.00	14.00	19.00	23.00	28.00	31.00	23.00	6.00	1.00
Inventory	-48.6%	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Net PPE	-5.4%	1.00	1.00	1.00	-	1.00	1.00	0.00	0.00	0.00	0.00	0.00
Goodwill	-60.5%	0.00	0.00	0.00	-	-	7.00	0.00	0.00	-	-	-
Liabilities	5.1%	11.00	11.00	11.00	-	13.00	-	-	-	-	-	-
Current Liabilities	6.3%	10.00	10.00	10.00	9.00	12.00	13.00	3.00	2.00	2.00	1.00	3.00
Shareholder's Equity	-51.5%	5.00	10.00	13.00	16.00	20.00	28.00	34.00	39.00	32.00	-	-
Retained Earnings	-6.0%	-99.27	-93.61	-89.75	-86.43	-81.14	-71.36	-61.41	-53.90	-47.35	-28.12	-12.59
Additional Paid-In Capital	0.7%	106	105	104	103	101	99.00	96.00	94.00	80.00	13.00	2.00
Shares Outstanding	7.0%	33.00	31.00	28.00	28.00	27.00	25.00	24.00	22.00	20.00	8.00	7.00
Minority Interest	33.9%	-0.28	-0.42	-0.41	-0.45	-0.34	-0.32	-0.22	-0.15	-0.10	-	-
Float	-	-	-	8.00	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	-39.5%	-4,090	-2,931	-2,871	-4,015	-3,572	-5,432	-2,887	-2,560	-8,174	-1,126	-1,063	-449	-	-
Share Based Compensation	-	558	-	-	-	-	-	-	-	-	-	2,894	-	-	-
Cashflow From Investing	44.2%	-43.96	-78.77	-27.46	-190	-116	522	-2.74	-225	-46.84	-	-160	-40.00	-	-
Cashflow From Financing	-1250.0%	-135	-10.00	-98.54	-541	-	-168	-181	10,533	25,804	6,697	504	818	-	-
Buy Backs	-Infinity%	-495	-	99.00	542	-	-	-	-	-	-15*	-	-	-	-

SOPA Income Statement

2023-12-31

Consolidated Statements of Operations and Other Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue, net
Total revenue	$ 8,171,635	$ 5,635,553
Cost of revenue:
Total cost of revenue	(5,701,645)	(4,668,580)
Gross income	2,469,990	966,973
Sales and marketing expenses	(577,931)	(997,784)
Software development costs	(55,645)	(72,999)
Impairment loss		(3,499,881)
General and administrative expenses	(19,796,832)	(30,552,365)
Total operating expenses	(20,430,408)	(35,123,029)
Loss from operations	(17,960,418)	(34,156,056)
Dividend income	7,638	2,442
Gain on early lease termination	1,064	2,166
Interest income	160,702	84,116
Interest expense	(235)	(25,105)
Gain (loss) on disposal of plant and equipment	1,438	(19,964)
Waiver of loan payable	192,716
Written-off of intangible assets	(276,000)
Written-off of plant and equipment	(386,160)
Other income	185,652	101,010
Total other income (expense)	(113,185)	144,665
Loss before income taxes	(18,073,603)	(34,011,391)
Income taxes	(25,315)	(3,631)
NET LOSS	(18,098,918)	(34,015,022)
NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	35,210	(228,915)
NET LOSS ATTRIBUTABLE TO SOCIETY PASS INCORPORATED	(18,134,128)	(33,786,107)
Net loss	(18,098,918)	(34,015,022)
Foreign currency translation adjustment	(274,604)	106,051
COMRPEHENSIVE LOSS	(18,373,522)	(33,908,971)
Net income (loss) attributable to non-controlling interest	35,210	(228,915)
Foreign currency translation adjustment attributable to non-controlling interest	24,052	(4,816)
Comprehensive loss attributable to Society Pass Incorporated	$ (18,432,784)	$ (33,675,240)
Basic (in Dollars per share)	$ (0.63)	$ (1.38)
Diluted (in Dollars per share)	$ (0.63)	$ (1.38)
Basic (in Shares)	28,972,117	24,429,526
Diluted (in Shares)	28,972,117	24,429,526
Sales – online ordering
Revenue, net
Total revenue	$ 512,124	$ 2,269,190
Sales – digital marketing
Revenue, net
Total revenue	5,966,611	2,593,674
Sales – online ticketing and reservation
Revenue, net
Total revenue	1,606,800	724,991
Sales – data
Revenue, net
Total revenue	24,018	23,747
Software sales
Revenue, net
Total revenue	62,082	23,801
Cost of revenue:
Total cost of revenue	(228,809)	(229,059)
Hardware sales
Revenue, net
Total revenue		150
Cost of revenue:
Total cost of revenue		(111)
Cost of online ordering
Cost of revenue:
Total cost of revenue	(474,576)	(2,107,815)
Cost of digital marketing
Cost of revenue:
Total cost of revenue	(4,953,510)	(2,227,413)
Cost of online ticketing and reservation
Cost of revenue:
Total cost of revenue		(94,048)
Cost of data
Cost of revenue:
Total cost of revenue	$ (44,750)	$ (10,134)

SOPA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 3,628,670

$ 18,930,986

Restricted cash

95,312

72,350

Accounts receivable, net

1,338,170

951,325

Inventories

431,483

310,932

Contract assets

247,368

20,310

Deposits, prepayments and other receivables

2,207,774

2,711,042

Deferred tax assets

149,858

Total current assets

8,098,635

22,996,945

Non-current assets:

Intangible assets, net

6,081,728

7,458,089

Goodwill

88,197

Plant and equipment, net

686,658

706,038

Right of use assets, net

1,407,956

1,537,670

Total non-current assets

8,264,539

9,701,797

TOTAL ASSETS

16,363,174

32,698,742

Current liabilities:

Accounts payables

1,690,651

1,296,571

Contract liabilities

1,265,753

1,405,090

Accrued liabilities and other payables

6,866,169

8,325,225

Deferred tax liabilities

69,000

Operating lease liabilities

563,276

467,938

Loan

21,313

28,164

Total current liabilities

10,486,062

11,614,299

Non-current liabilities

Operating lease liabilities

847,950

1,073,126

TOTAL LIABILITIES

11,334,012

12,687,425

COMMITMENTS AND CONTINGENCIES

Convertible preferred shares

SHAREHOLDERS’ EQUITY

Common shares; $0.0001 par value, 95,000,000 shares authorized; 33,262,362 and 27,082,849 shares issued and outstanding as of December 31, 2023 and 2022, respectively

3,326

2,708

Additional paid-in capital

105,603,434

101,427,160

Less: Common shares held in treasury, at cost; 1,111,605 and 0 shares at December 31, 2023 and 2022, respectively

(785,525)

Accumulated other comprehensive gain (loss)

(242,129)

56,527

Accumulated deficit

(99,272,691)

(81,138,563)

Total equity attributable to Society Pass Incorporated

5,306,415

20,347,832

Non-controlling interest

(277,253)

(336,515)

TOTAL EQUITY

5,029,162

20,011,317

TOTAL LIABILITIES AND EQUITY

16,363,174

32,698,742

Series A Shares

Non-current liabilities

Convertible preferred shares

Series B Shares

Non-current liabilities

Convertible preferred shares

Series B-1 Shares

Non-current liabilities

Convertible preferred shares

Series C Shares

Non-current liabilities

Convertible preferred shares

Series C-1 Shares

Non-current liabilities

Convertible preferred shares

Series X Super Voting Preferred Stock

SHAREHOLDERS’ EQUITY

Series X Super Voting Preferred Stock, $0.0001 par value, 3,500 shares designated; 3,500 and 3,500 Series X shares issued and outstanding as of December 31, 2023 and 2022, respectively

Related Party

Current liabilities:

Due to related parties

^[1]

$ 9,900

$ 22,311

[1]

The amounts represented temporary advances to the Company including related parties (two officers), which were unsecured, interest-free and had no fixed terms of repayments. On September 30, 2021, the Company received the notifications that the outstanding amounts of $72,176 were forgiven by the related parties, the said amount was written off and accounted as capital transaction and therefore credited the additional paid in capital account as of December 31, 2021. The Company’s due to related parties balance was $9,900 and $22,311 as of December 31, 2023 and 2022, respectively.

About Society Pass Inc

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Singapore, Vietnam, Indonesia, Philippines, the United States, Malaysia, Hong Kong, and Thailand. It operates through Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments. The company operates Leflair, an online lifestyle platform that offers services and products, such as fashion and accessories, beauty and personal care, and home and lifestyle; an online food delivery service under the Handycart brand name; and an online grocery delivery service under the Pushkart brand name. It also sells hardware and software to merchant; local mobile phone and global internet data plans; and domestic and overseas air ticket, and global hotel reservations, as well as offers digital marketing services. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.

CEO	Mr. Luan Thuc Nguyen J.D.
WEBSITE	https://thesocietypass.com
INDUSTRY	Software - Apps

Society Pass Inc Frequently Asked Questions

What is the ticker symbol for Society Pass Inc? What does SOPA stand for in stocks?

SOPA is the stock ticker symbol of Society Pass Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Society Pass Inc (SOPA)?

As of Thu Apr 25 2024, market cap of Society Pass Inc is 5.66 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SOPA stock?

You can check SOPA's fair value in chart for subscribers.

What is the fair value of SOPA stock?

You can check SOPA's fair value in chart for subscribers. The fair value of Society Pass Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Society Pass Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SOPA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Society Pass Inc a good stock to buy?

The fair value guage provides a quick view whether SOPA is over valued or under valued. Whether Society Pass Inc is cheap or expensive depends on the assumptions which impact Society Pass Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SOPA.

What is Society Pass Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, SOPA's PE ratio (Price to Earnings) is -0.31 and Price to Sales (PS) ratio is 0.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SOPA PE ratio will change depending on the future growth rate expectations of investors.