Society Pass Incorporated(SOPA)Earnings, Financials & Key Ratios
SOPA•NASDAQ
$0.39
$2M mkt cap·Price updated May 6, 2026
AboutSociety Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. It operates in two segments, E-Commerce and Merchant POS. The company's e-commerce interfaces include lifestyle platforms, such as Leflair App and Leflair.com website; food and beverage (F&B) delivery platforms comprising Pushkart App, Pushkart.ph website, Handycart App, and Handycart.vn website; merchant software segment that consists of #HOTTAB Biz App, #HOTTAB POS App, and Hottab.net website; and loyalty platforms, such as Society Pass App and SoPa.asia website. Its loyalty-focused and data-driven e-commerce marketing platform interfaces connect consumers with merchants in the F&B and lifestyle sectors. 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.Show more
- Revenue$7M-13.0%
- EBITDA-$9M+48.1%
- Net Income-$10M+43.6%
- EPS (Diluted)-3.45+63.3%
- Gross Margin26.22%-13.3%
- EBITDA Margin-122.01%+40.3%
- Operating Margin-131.18%+40.3%
- Net Margin-143.93%+35.1%
- ROE-781.77%-439.7%
- Interest Coverage-61.27+99.9%
SOPA Key Insights
Society Pass Incorporated (SOPA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 34.4% free cash flow margin
- ✓Strong 5Y sales CAGR of 268.8%
✗Weaknesses
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Shares diluted 53.4% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SOPA Price & Volume
Society Pass Incorporated (SOPA) stock price & volume — 10-year historical chart
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SOPA Growth Metrics
Society Pass Incorporated (SOPA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years268.83%
3 Years139.09%
TTM4.65%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM52.66%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM53.56%
Return on Capital
10 Years-156.86%
5 Years-196.66%
3 Years-245%
Last Year-474.83%
SOPA Peer Comparison
Society Pass Incorporated (SOPA) competitors in E-commerce platforms and retail enablement — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KPLT | 30.6M | 6.95 | -63.18 | 18.03% | 0.47% | |||
 PAYO | 1.68B | 4.86 | 25.58 | 7.68% | 6.95% | 9.84% | 0.10 | |
 EBON | 15.84M | 2.42 | -1.08 | 11.39% | -276.84% | -13.29% | 0.02 | |
 GFAI | 10.88M | 0.50 | -0.94 | 0.18% | -32.94% | -69.69% | 0.08 | |
 DASH | 73.19B | 167.97 | 78.86 | 27.93% | 6.29% | 9.57% | 0.37 | |
 CART | 9.52B | 40.21 | 25.13 | 10.78% | 12.55% | 16.62% | 0.01 | |
 SEAT | 55.33M | 7.63 | -0.11 | -26.41% | -82.25% | -349.6% | ||
 OPEN | 5.19B | 5.44 | -3.20 | -15.18% | -29.74% | -129.35% | 0.19 |
Compare SOPA vs Peers
Society Pass Incorporated (SOPA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SOPA Income Statement
Society Pass Incorporated (SOPA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 10.41K | 52.45K | 519.88K | 5.64M | 8.17M | 7.11M | 7.23M |
| Revenue Growth % | - | - | 403.82% | 891.14% | 984% | 45% | -13.05% | 4.65% |
| Cost of Goods Sold | 0 | 771 | 88.66K | 710.68K | 4.67M | 5.7M | 5.24M | 3.92M |
| COGS % of Revenue | - | 7.41% | 169.04% | 136.7% | 82.84% | 69.77% | 73.78% | - |
| Gross Profit | 0▲ 0% | 9.64K▲ 0% | -36.21K▼ 475.6% | -190.8K▼ 426.9% | 966.97K▲ 606.8% | 2.47M▲ 155.4% | 1.86M▼ 24.6% | 3.31M▲ 0% |
| Gross Margin % | - | 92.59% | -69.04% | -36.7% | 17.16% | 30.23% | 26.22% | 45.75% |
| Gross Profit Growth % | - | - | -475.63% | -426.91% | 606.8% | 155.44% | -24.58% | - |
| Operating Expenses | 1.46M | 7.3M | 3.71M | 34.02M | 35.12M | 20.43M | 11.18M | 13.67M |
| OpEx % of Revenue | - | 70117.59% | 7080.69% | 6544.03% | 623.24% | 250.02% | 157.4% | - |
| Selling, General & Admin | 1.46M | 4.21M | 3.53M | 33.73M | 31.55M | 20.37M | 11.13M | 14.29M |
| SG&A % of Revenue | - | 40460.76% | 6733.93% | 6487.13% | 559.84% | 249.34% | 156.63% | - |
| Research & Development | 0 | 289.18K | 165.51K | 95.81K | 73K | 55.65K | 54.64K | 53.18K |
| R&D % of Revenue | - | 2777.6% | 315.55% | 18.43% | 1.3% | 0.68% | 0.77% | - |
| Other Operating Expenses | 0 | 2.8M | 16.38K | 200K | 3.5M | 0 | 0 | -664.47K |
| Operating Income | -1.46M▲ 0% | -7.29M▼ 399.0% | -3.75M▲ 48.6% | -34.21M▼ 812.3% | -34.16M▲ 0.2% | -17.96M▲ 47.4% | -9.32M▲ 48.1% | -10.36M▲ 0% |
| Operating Margin % | - | -70024.99% | -7149.73% | -6580.73% | -606.08% | -219.79% | -131.18% | -143.38% |
| Operating Income Growth % | - | -399.03% | 48.56% | -812.27% | 0.16% | 47.42% | 48.1% | - |
| EBITDA | 1.46M | -7.28M | -2.94M | -31M | -30.85M | -16.69M | -8.67M | -9.77M |
| EBITDA Margin % | - | -69952.35% | -5609.02% | -5963.19% | -547.39% | -204.23% | -122.01% | -135.18% |
| EBITDA Growth % | - | -598.51% | 59.6% | -953.73% | 0.5% | 45.9% | 48.05% | 5.88% |
| D&A (Non-Cash Add-back) | 2.92M | 7.56K | 808.15K | 3.21M | 3.31M | 1.27M | 651.65K | 592.94K |
| EBIT | -2.92M | -7.29M | -3.77M | -34.81M | -33.99M | -18.07M | -10M | -10.44M |
| Net Interest Income | 0 | -8.13K | -48.97K | -41.4K | 59.01K | 160.47K | -138.7K | -104.51K |
| Interest Income | 0 | 3 | 19 | 116 | 84.12K | 160.7K | 13.45K | 7.92K |
| Interest Expense | 0 | 8.13K | 48.99K | 41.51K | 25.11K | 235 | 152.14K | 112.44K |
| Other Income/Expense | 5 | -8.13K | -69.41K | -641.4K | 144.66K | -113.19K | -835.43K | -193.12K |
| Pretax Income | 1.46M▲ 0% | -7.3M▼ 599.6% | -3.82M▲ 47.7% | -34.85M▼ 812.5% | -34.01M▲ 2.4% | -18.07M▲ 46.9% | -10.16M▲ 43.8% | -10.56M▲ 0% |
| Pretax Margin % | - | -70103.04% | -7282.05% | -6704.1% | -603.51% | -221.17% | -142.94% | -146.06% |
| Income Tax | 2.92M | 0 | 8.33K | 11.14K | 3.63K | 25.32K | 80.54K | -5.03M |
| Effective Tax Rate % | 200% | 0% | -0.22% | -0.03% | -0.01% | -0.14% | -0.79% | 47.63% |
| Net Income | -2.92M▲ 0% | -7.3M▼ 149.8% | -3.83M▲ 47.6% | -34.77M▼ 808.2% | -33.79M▲ 2.8% | -18.13M▲ 46.3% | -10.23M▲ 43.6% | -5.59M▲ 0% |
| Net Margin % | - | -70103.04% | -7297.94% | -6687.08% | -599.52% | -221.92% | -143.93% | -77.41% |
| Net Income Growth % | - | -149.79% | 47.55% | -808.18% | 2.82% | 46.33% | 43.6% | 52.66% |
| Net Income (Continuing) | -1.46M | -7.3M | -3.83M | -34.86M | -34.02M | -18.1M | -10.24M | -5.53M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | -102.78K | -336.51K | -277.25K | -273.9K | -579.22K |
| EPS (Diluted) | -9.07▲ 0% | -17.99▼ 98.3% | -8.21▲ 54.4% | -55.22▼ 572.6% | -20.75▲ 62.4% | -9.39▲ 54.7% | -3.45▲ 63.3% | -0.98▲ 0% |
| EPS Growth % | - | -98.35% | 54.36% | -572.59% | 62.42% | 54.75% | 63.26% | 53.56% |
| EPS (Basic) | -9.07 | -17.99 | -8.21 | -55.22 | -20.75 | -9.45 | -3.45 | - |
| Diluted Shares Outstanding | 322.08K | 405.66K | 466.01K | 629.58K | 1.63M | 1.93M | 2.96M | 5.74M |
| Basic Shares Outstanding | 322.08K | 405.66K | 466.01K | 629.58K | 1.63M | 1.92M | 2.96M | 6.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
SOPA Balance Sheet
Society Pass Incorporated (SOPA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 938.57K | 661.6K | 569.1K | 29.63M | 23M | 8.1M | 14.48M | 26.63M |
| Cash & Short-Term Investments | 938.57K | 606.49K | 506.67K | 23.26M | 18.93M | 3.63M | 7.63M | 6.6M |
| Cash Only | 938.57K | 606.49K | 506.67K | 23.26M | 18.93M | 3.63M | 7.63M | 6.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 54.98K | 1.9K | 151.07K | 1.33M | 2.18M | 3.25M | 2.18M |
| Days Sales Outstanding | - | 1.93K | 13.2 | 106.06 | 86.08 | 97.47 | 166.97 | 142.94 |
| Inventory | 0 | 133 | 1 | 221.07K | 310.93K | 431.48K | 157.73K | 82.13K |
| Days Inventory Outstanding | - | 62.96 | 0 | 113.54 | 24.31 | 27.62 | 10.98 | 12.35 |
| Other Current Assets | 0 | 0 | 0 | 0 | 72.35K | 245.17K | 53.9K | 8.35M |
| Total Non-Current Assets | 8M | 8.08M | 7.3M | 5.54M | 9.7M | 8.26M | 6.8M | 6.68M |
| Property, Plant & Equipment | 0 | 77.02K | 97.18K | 685K | 2.24M | 2.09M | 1.16M | 1.18M |
| Fixed Asset Turnover | - | 0.14x | 0.54x | 0.76x | 2.51x | 3.90x | 6.13x | 6.13x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 88.2K | 81.85K | 81.85K |
| Intangible Assets | 8M | 8M | 7.2M | 4M | 7.46M | 6.08M | 5.5M | 5.03M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 381.11K |
| Other Non-Current Assets | 0 | -8.08M | 0 | 858.67K | 0 | 0 | 0 | 0 |
| Total Assets | 8.94M▲ 0% | 8.74M▼ 2.2% | 7.87M▼ 10.0% | 35.18M▲ 347.2% | 32.7M▼ 7.0% | 16.36M▼ 50.0% | 21.28M▲ 30.0% | 33.32M▲ 0% |
| Asset Turnover | - | 0.00x | 0.01x | 0.01x | 0.17x | 0.50x | 0.33x | 0.27x |
| Asset Growth % | - | -2.22% | -10% | 347.18% | -7.04% | -49.96% | 30.05% | 323.01% |
| Total Current Liabilities | 425.83K | 2.31M | 2.99M | 2.44M | 11.61M | 10.49M | 23.23M | 18.96M |
| Accounts Payable | 0 | 50.78K | 54.26K | 261.91K | 1.3M | 1.69M | 3M | 3.4M |
| Days Payables Outstanding | - | 24.04K | 223.35 | 134.51 | 101.37 | 108.23 | 208.73 | 479.22 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 28.16K | 21.31K | 113.04K | 398.93K |
| Deferred Revenue (Current) | 0 | 19.84K | 18.65K | 25.23K | 2.56M | 0 | 11.6M | 33.07M |
| Other Current Liabilities | 0 | 2.13M | 2.2M | 1.78M | 69K | 6.86M | 111.52K | 12.99M |
| Current Ratio | 2.20x | 0.29x | 0.19x | 12.15x | 1.98x | 0.77x | 0.62x | 0.62x |
| Quick Ratio | 2.20x | 0.29x | 0.19x | 12.06x | 1.95x | 0.73x | 0.62x | 0.62x |
| Cash Conversion Cycle | - | -22.05K | -210.15 | 85.09 | 9.02 | 16.86 | -30.78 | -323.93 |
| Total Non-Current Liabilities | 0 | 13.48M | 15.29M | 411.05K | 1.07M | 847.95K | 461.75K | 643.5K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 46.45K | 411.05K | 1.07M | 847.95K | 392.75K | 1.77M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 69K | 276K |
| Other Non-Current Liabilities | 0 | 0 | 15.24M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 425.83K | 15.79M | 18.28M | 2.85M | 12.69M | 11.33M | 23.69M | 19.6M |
| Total Debt | 0 | 53.44K | 83.2K | 629.13K | 1.57M | 1.43M | 866.42K | 973.43K |
| Net Debt | -938.57K | -553.05K | -423.46K | -22.64M | -17.36M | -2.2M | -6.76M | -5.63M |
| Debt / Equity | - | - | - | 0.02x | 0.08x | 0.28x | - | 0.07x |
| Debt / EBITDA | - | - | - | - | - | - | - | -0.10x |
| Net Debt / EBITDA | -0.64x | - | - | - | - | - | - | 0.58x |
| Interest Coverage | - | -896.83x | -76.55x | -824.11x | -1360.53x | -76427.31x | -61.27x | -92.89x |
| Total Equity | 8.51M▲ 0% | -7.05M▼ 182.8% | -10.41M▼ 47.7% | 32.33M▲ 410.4% | 20.01M▼ 38.1% | 5.03M▼ 74.9% | -2.41M▼ 148.0% | 13.71M▲ 0% |
| Equity Growth % | - | -182.81% | -47.73% | 410.38% | -38.09% | -74.87% | -147.97% | 2109.61% |
| Book Value per Share | 26.43 | -17.38 | -22.35 | 51.34 | 12.29 | 2.60 | -0.81 | 2.39 |
| Total Shareholders' Equity | 8.51M | -7.05M | -10.41M | 32.43M | 20.35M | 5.31M | -2.14M | 14.29M |
| Common Stock | 2 | 685 | 742 | 1.97K | 2.71K | 3.33K | 372 | 610 |
| Retained Earnings | -1.46M | -8.76M | -12.59M | -47.35M | -81.14M | -99.27M | -110.16M | -116.61M |
| Treasury Stock | 0 | -1.7M | 0 | 0 | 0 | -785.52K | -54.94K | -15 |
| Accumulated OCI | -2 | 3.99K | -55.24K | -54.34K | 56.53K | -242.13K | 272.92K | 16.64K |
| Minority Interest | 0 | 0 | 0 | -102.78K | -336.51K | -277.25K | -273.9K | -579.22K |
SOPA Cash Flow Statement
Society Pass Incorporated (SOPA) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -221.05K | -1.57M | -1.25M | -10.81M | -14.45M | -13.91M | 2.47M | 2.47M |
| Operating CF Margin % | - | -15064.89% | -2385.51% | -2080.06% | -256.47% | -170.2% | 34.81% | - |
| Operating CF Growth % | - | -609.51% | 20.22% | -764.24% | -33.66% | 3.77% | 117.78% | -902.67% |
| Net Income | -1.46M | -7.3M | -3.83M | -34.86M | -34.02M | -18.1M | -10.24M | -5.59M |
| Depreciation & Amortization | 0 | 7.56K | 808.15K | 3.21M | 3.31M | 1.27M | 651.65K | 592.94K |
| Stock-Based Compensation | 0 | 2.57M | 1.03M | 25.89M | 8.3M | 3.97M | 804.73K | 131.99K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | -149.86K | 91.51K | 53.03K |
| Other Non-Cash Items | 814.01K | 2.81M | 100.78K | 847.31K | 3.51M | 614.13K | 812.58K | 1.22M |
| Working Capital Changes | 425.83K | 344.14K | 640.74K | -5.9M | 4.45M | -1.51M | 10.35M | -10.39M |
| Change in Receivables | 0 | -3.86K | 8.87K | -50.69K | 148.64K | -167.31K | 1.21K | -612.77K |
| Change in Inventory | 0 | -139 | -5.43K | -221.07K | -85.52K | 550.67K | 178.94K | 82.52K |
| Change in Payables | 0 | 11.64K | 3.47K | 207.65K | -862.22K | 412.85K | 1.46M | 713.36K |
| Cash from Investing | 0 | -92.31K | 0 | -246.84K | 177.39K | -340.25K | -29.96K | -24.1K |
| Capital Expenditures | 0 | -30.93K | 0 | -46.84K | -566.27K | -219.21K | -29.96K | -20K |
| CapEx % of Revenue | - | 297.06% | - | 9.01% | 10.05% | 2.68% | 0.42% | - |
| Acquisitions | 0 | -59.66K | 0 | 0 | 823.66K | 22.74K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1.73K | 0 | 0 | -80K | -143.77K | 0 | -4.09K |
| Cash from Financing | 1.16M | 1.32M | 1.21M | 33.82M | 10.18M | -785.52K | 1.48M | 21.34M |
| Debt Issued (Net) | 0 | 0 | 0 | -151.48K | -632.88K | 0 | 89.7K | 3.9M |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -785.52K | 1000K | 2.36M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -785.52K | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 938.57K▲ 0% | -332.08K▼ 135.4% | -99.83K▲ 69.9% | 22.76M▲ 22898.0% | -4.26M▼ 118.7% | -15.28M▼ 258.5% | 3.96M▲ 125.9% | 2.33M▲ 0% |
| Free Cash Flow | -221.05K▲ 0% | -1.6M▼ 624.3% | -1.25M▲ 21.8% | -10.86M▼ 768.0% | -15.02M▼ 38.3% | -14.27M▲ 5.0% | 2.44M▲ 117.1% | -18.89M▲ 0% |
| FCF Margin % | - | -15378.52% | -2385.51% | -2089.07% | -266.52% | -174.64% | 34.39% | -261.42% |
| FCF Growth % | - | -624.28% | 21.85% | -767.98% | -38.3% | 4.99% | 117.12% | -255.68% |
| FCF per Share | -0.69 | -3.95 | -2.69 | -17.25 | -9.22 | -7.39 | 0.82 | 0.82 |
| FCF Conversion (FCF/Net Income) | 0.08x | 0.21x | 0.33x | 0.31x | 0.43x | 0.77x | -0.24x | 3.38x |
| Interest Paid | 0 | 0 | 0 | 110 | 0 | 235 | 151.52K | 110.33K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 7.22K | 40.06K | 16.42K |
SOPA Key Ratios
Society Pass Incorporated (SOPA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -997.71% | - | -317.33% | -129.11% | -144.84% | -781.77% | -40.8% |
| Return on Invested Capital (ROIC) | - | - | -264.8% | -415.2% | -491.38% | - | 234.26% |
| Gross Margin | 92.59% | -69.04% | -36.7% | 17.16% | 30.23% | 26.22% | 45.75% |
| Net Margin | -70103.04% | -7297.94% | -6687.08% | -599.52% | -221.92% | -143.93% | -77.41% |
| Debt / Equity | - | - | 0.02x | 0.08x | 0.28x | - | 0.07x |
| Interest Coverage | -896.83x | -76.55x | -824.11x | -1360.53x | -76427.31x | -61.27x | -92.89x |
| FCF Conversion | 0.21x | 0.33x | 0.31x | 0.43x | 0.77x | -0.24x | 3.38x |
| Revenue Growth | - | 403.82% | 891.14% | 984% | 45% | -13.05% | 4.65% |
SOPA Frequently Asked Questions
Society Pass Incorporated (SOPA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Society Pass Incorporated (SOPA) reported $7.2M in revenue for fiscal year 2024.
Society Pass Incorporated (SOPA) saw revenue decline by 13.0% over the past year.
Society Pass Incorporated (SOPA) reported a net loss of $5.6M for fiscal year 2024.
Dividend & Returns
Society Pass Incorporated (SOPA) has a return on equity (ROE) of -781.8%. Negative ROE indicates the company is unprofitable.
Society Pass Incorporated (SOPA) had negative free cash flow of $18.9M in fiscal year 2024, likely due to heavy capital investments.
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Society Pass Incorporated (SOPA) financial analysis — history, returns, DCA and operating performance tools
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