Society Pass Incorporated (SOPA) 10-Year Financial Performance & Capital Metrics

SOPA • • Industrial / General

TechnologyApplication SoftwareMarketing & Customer EngagementMarketing Automation

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 Margin 26.22% -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%
ROIC -
Debt/Equity -
Interest Coverage -61.27 +99.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 34.4% free cash flow margin
✓Momentum leader: RS Rating 94 (top 6%)
✓Strong 5Y sales CAGR of 268.8%

✗Weaknesses

✗Shares diluted 53.4% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y268.83%

3Y139.09%

TTM4.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM52.66%

EPS CAGR

10Y-

5Y-

3Y-

TTM53.56%

ROCE

10Y Avg-156.86%

5Y Avg-196.66%

3Y Avg-245%

Latest-474.83%

Peer Comparison

Marketing Automation

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HUBSHubSpot, Inc.	18.8B	358.89	4018.93	21.07%	-0.12%	-0.19%	2.98%	0.39
SHOPShopify Inc.	204.71B	167.44	108.03	25.78%	16.65%	14.25%	0.78%	0.10
CRMSalesforce, Inc.	225.87B	241.06	37.90	8.72%	17.91%	12.03%	5.5%	0.19
SAGTSAGTEC GLOBAL Ltd	23.46M	1.84	3.35	77.59%	13.32%	50.19%	3.71%	0.20
BNZIBanzai International, Inc.	15.91M	1.51	-0.22	-0.73%	-547.65%	-108.58%
SOPASociety Pass Incorporated	18.41M	2.42	-0.70	-13.05%	-77.41%	-40.8%	13.28%
BMBLBumble Inc.	408.12M	3.62	-0.79	1.88%	-19.82%	-19.17%	23.69%	0.47
PHUNPhunware, Inc.	39.57M	1.96	-2.09	-34%	-5.05%	-12.11%		0.01

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	10.41K	52.45K	519.88K	5.64M	8.17M	7.11M
Revenue Growth %	-	-	4.04%	8.91%	9.84%	0.45%	-0.13%
Cost of Goods Sold+	0	771	88.66K	710.68K	4.67M	5.7M	5.24M
COGS % of Revenue	-	0.07%	1.69%	1.37%	0.83%	0.7%	0.74%
Gross Profit+	0	9.64K	-36.21K	-190.8K	966.97K	2.47M	1.86M
Gross Margin %	-	0.93%	-0.69%	-0.37%	0.17%	0.3%	0.26%
Gross Profit Growth %	-	-	-4.76%	-4.27%	6.07%	1.55%	-0.25%
Operating Expenses+	1.46M	7.3M	3.71M	34.02M	35.12M	20.43M	11.18M
OpEx % of Revenue	-	701.18%	70.81%	65.44%	6.23%	2.5%	1.57%
Selling, General & Admin	1.46M	4.21M	3.53M	33.73M	31.55M	20.37M	11.13M
SG&A % of Revenue	-	404.61%	67.34%	64.87%	5.6%	2.49%	1.57%
Research & Development	0	289.18K	165.51K	95.81K	73K	55.65K	54.64K
R&D % of Revenue	-	27.78%	3.16%	0.18%	0.01%	0.01%	0.01%
Other Operating Expenses	0	2.8M	16.38K	200K	3.5M	0	0
Operating Income+	-1.46M	-7.29M	-3.75M	-34.21M	-34.16M	-17.96M	-9.32M
Operating Margin %	-	-700.25%	-71.5%	-65.81%	-6.06%	-2.2%	-1.31%
Operating Income Growth %	-	-3.99%	0.49%	-8.12%	0%	0.47%	0.48%
EBITDA+	1.46M	-7.28M	-2.94M	-31M	-30.85M	-16.69M	-8.67M
EBITDA Margin %	-	-699.52%	-56.09%	-59.63%	-5.47%	-2.04%	-1.22%
EBITDA Growth %	-	-5.99%	0.6%	-9.54%	0%	0.46%	0.48%
D&A (Non-Cash Add-back)	2.92M	7.56K	808.15K	3.21M	3.31M	1.27M	651.65K
EBIT	-2.92M	-7.29M	-3.77M	-34.81M	-33.99M	-18.07M	-10M
Net Interest Income+	0	-8.13K	-48.97K	-41.4K	59.01K	160.47K	-138.7K
Interest Income	0	3	19	116	84.12K	160.7K	13.45K
Interest Expense	0	8.13K	48.99K	41.51K	25.11K	235	152.14K
Other Income/Expense	5	-8.13K	-69.41K	-641.4K	144.66K	-113.19K	-835.43K
Pretax Income+	1.46M	-7.3M	-3.82M	-34.85M	-34.01M	-18.07M	-10.16M
Pretax Margin %	-	-701.03%	-72.82%	-67.04%	-6.04%	-2.21%	-1.43%
Income Tax+	2.92M	0	8.33K	11.14K	3.63K	25.32K	80.54K
Effective Tax Rate %	-2%	1%	1%	1%	0.99%	1%	1.01%
Net Income+	-2.92M	-7.3M	-3.83M	-34.77M	-33.79M	-18.13M	-10.23M
Net Margin %	-	-701.03%	-72.98%	-66.87%	-6%	-2.22%	-1.44%
Net Income Growth %	-	-1.5%	0.48%	-8.08%	0.03%	0.46%	0.44%
Net Income (Continuing)	-1.46M	-7.3M	-3.83M	-34.86M	-34.02M	-18.1M	-10.24M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	-102.78K	-336.51K	-277.25K	-273.9K
EPS (Diluted)+	-9.07	-17.99	-8.21	-55.22	-20.75	-9.39	-3.45
EPS Growth %	-	-0.98%	0.54%	-5.73%	0.62%	0.55%	0.63%
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
Basic Shares Outstanding	322.08K	405.66K	466.01K	629.58K	1.63M	1.92M	2.96M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	938.57K	661.6K	569.1K	29.63M	23M	8.1M	14.48M
Cash & Short-Term Investments	938.57K	606.49K	506.67K	23.26M	18.93M	3.63M	7.63M
Cash Only	938.57K	606.49K	506.67K	23.26M	18.93M	3.63M	7.63M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	0	54.98K	1.9K	151.07K	1.33M	2.18M	3.25M
Days Sales Outstanding	-	1.93K	13.2	106.06	86.08	97.47	166.97
Inventory	0	133	1	221.07K	310.93K	431.48K	157.73K
Days Inventory Outstanding	-	62.96	0	113.54	24.31	27.62	10.98
Other Current Assets	0	0	0	0	72.35K	245.17K	53.9K
Total Non-Current Assets+	8M	8.08M	7.3M	5.54M	9.7M	8.26M	6.8M
Property, Plant & Equipment	0	77.02K	97.18K	685K	2.24M	2.09M	1.16M
Fixed Asset Turnover	-	0.14x	0.54x	0.76x	2.51x	3.90x	6.13x
Goodwill	0	0	0	0	0	88.2K	81.85K
Intangible Assets	8M	8M	7.2M	4M	7.46M	6.08M	5.5M
Long-Term Investments	0	0	0	0	0	0	0
Other Non-Current Assets	0	-8.08M	0	858.67K	0	0	0
Total Assets+	8.94M	8.74M	7.87M	35.18M	32.7M	16.36M	21.28M
Asset Turnover	-	0.00x	0.01x	0.01x	0.17x	0.50x	0.33x
Asset Growth %	-	-0.02%	-0.1%	3.47%	-0.07%	-0.5%	0.3%
Total Current Liabilities+	425.83K	2.31M	2.99M	2.44M	11.61M	10.49M	23.23M
Accounts Payable	0	50.78K	54.26K	261.91K	1.3M	1.69M	3M
Days Payables Outstanding	-	24.04K	223.35	134.51	101.37	108.23	208.73
Short-Term Debt	0	0	0	0	28.16K	21.31K	113.04K
Deferred Revenue (Current)	0	19.84K	18.65K	25.23K	1000K	0	1000K
Other Current Liabilities	0	2.13M	2.2M	1.78M	69K	6.86M	111.52K
Current Ratio	2.20x	0.29x	0.19x	12.15x	1.98x	0.77x	0.62x
Quick Ratio	2.20x	0.29x	0.19x	12.06x	1.95x	0.73x	0.62x
Cash Conversion Cycle	-	-22.05K	-210.15	85.09	9.02	16.86	-30.78
Total Non-Current Liabilities+	0	13.48M	15.29M	411.05K	1.07M	847.95K	461.75K
Long-Term Debt	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	46.45K	411.05K	1.07M	847.95K	392.75K
Deferred Tax Liabilities	0	0	0	0	0	0	69K
Other Non-Current Liabilities	0	0	15.24M	0	0	0	0
Total Liabilities	425.83K	15.79M	18.28M	2.85M	12.69M	11.33M	23.69M
Total Debt+	0	53.44K	83.2K	629.13K	1.57M	1.43M	866.42K
Net Debt	-938.57K	-553.05K	-423.46K	-22.64M	-17.36M	-2.2M	-6.76M
Debt / Equity	-	-	-	0.02x	0.08x	0.28x	-
Debt / EBITDA	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.64x	-	-	-	-	-	-
Interest Coverage	-	-896.83x	-76.55x	-824.11x	-1360.53x	-76427.31x	-61.27x
Total Equity+	8.51M	-7.05M	-10.41M	32.33M	20.01M	5.03M	-2.41M
Equity Growth %	-	-1.83%	-0.48%	4.1%	-0.38%	-0.75%	-1.48%
Book Value per Share	26.43	-17.38	-22.35	51.34	12.29	2.60	-0.81
Total Shareholders' Equity	8.51M	-7.05M	-10.41M	32.43M	20.35M	5.31M	-2.14M
Common Stock	2	685	742	1.97K	2.71K	3.33K	372
Retained Earnings	-1.46M	-8.76M	-12.59M	-47.35M	-81.14M	-99.27M	-110.16M
Treasury Stock	0	-1.7M	0	0	0	-785.52K	-54.94K
Accumulated OCI	-2	3.99K	-55.24K	-54.34K	56.53K	-242.13K	272.92K
Minority Interest	0	0	0	-102.78K	-336.51K	-277.25K	-273.9K

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-221.05K	-1.57M	-1.25M	-10.81M	-14.45M	-13.91M	2.47M
Operating CF Margin %	-	-150.65%	-23.86%	-20.8%	-2.56%	-1.7%	0.35%
Operating CF Growth %	-	-6.1%	0.2%	-7.64%	-0.34%	0.04%	1.18%
Net Income	-1.46M	-7.3M	-3.83M	-34.86M	-34.02M	-18.1M	-10.24M
Depreciation & Amortization	0	7.56K	808.15K	3.21M	3.31M	1.27M	651.65K
Stock-Based Compensation	0	2.57M	1.03M	25.89M	8.3M	3.97M	804.73K
Deferred Taxes	0	0	0	0	0	-149.86K	91.51K
Other Non-Cash Items	814.01K	2.81M	100.78K	847.31K	3.51M	614.13K	812.58K
Working Capital Changes	425.83K	344.14K	640.74K	-5.9M	4.45M	-1.51M	10.35M
Change in Receivables	0	-3.86K	8.87K	-50.69K	148.64K	-167.31K	1.21K
Change in Inventory	0	-139	-5.43K	-221.07K	-85.52K	550.67K	178.94K
Change in Payables	0	11.64K	3.47K	207.65K	-862.22K	412.85K	1.46M
Cash from Investing+	0	-92.31K	0	-246.84K	177.39K	-340.25K	-29.96K
Capital Expenditures	0	-30.93K	0	-46.84K	-566.27K	-219.21K	-29.96K
CapEx % of Revenue	-	2.97%	-	0.09%	0.1%	0.03%	0%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	-1.73K	0	0	-80K	-143.77K	0
Cash from Financing+	1.16M	1.32M	1.21M	33.82M	10.18M	-785.52K	1.48M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-221.05K	-1.6M	-1.25M	-10.86M	-15.02M	-14.27M	2.44M
FCF Margin %	-	-153.79%	-23.86%	-20.89%	-2.67%	-1.75%	0.34%
FCF Growth %	-	-6.24%	0.22%	-7.68%	-0.38%	0.05%	1.17%
FCF per Share	-0.69	-3.95	-2.69	-17.25	-9.22	-7.39	0.82
FCF Conversion (FCF/Net Income)	0.08x	0.21x	0.33x	0.31x	0.43x	0.77x	-0.24x
Interest Paid	0	0	0	110	0	235	151.52K
Taxes Paid	0	0	0	0	0	7.22K	40.06K

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-34.32%	-997.71%	-	-317.33%	-129.11%	-144.84%	-781.77%
Return on Invested Capital (ROIC)	-14.47%	-	-	-264.8%	-415.2%	-491.38%	-
Gross Margin	-	92.59%	-69.04%	-36.7%	17.16%	30.23%	26.22%
Net Margin	-	-70103.04%	-7297.94%	-6687.08%	-599.52%	-221.92%	-143.93%
Debt / Equity	-	-	-	0.02x	0.08x	0.28x	-
Interest Coverage	-	-896.83x	-76.55x	-824.11x	-1360.53x	-76427.31x	-61.27x
FCF Conversion	0.08x	0.21x	0.33x	0.31x	0.43x	0.77x	-0.24x
Revenue Growth	-	-	403.82%	891.14%	984%	45%	-13.05%

Revenue by Segment

	2021	2022	2023	2024
Digital Marketing	-	2.59M	-	-
Digital Marketing Growth	-	-	-	-
Software Development	-	23.8K	-	-
Software Development Growth	-	-	-	-
Hardware Sales	208	150	-	-
Hardware Sales Growth	-	-27.88%	-	-
Sales Online Ordering	407.66K	-	-	-
Sales Online Ordering Growth	-	-	-	-
Software License	302.81K	-	-	-
Software License Growth	-	-	-	-

Revenue by Geography

	2021	2022	2023	2024
UNITED STATES	-	-	3.94M	3.51M
UNITED STATES Growth	-	-	-	-10.94%
THAILAND	-	-	1.08M	1.46M
THAILAND Growth	-	-	-	35.08%
INDONESIA	-	-	1.24M	892.21K
INDONESIA Growth	-	-	-	-27.81%
VIET NAM	-	-	1.26M	634.19K
VIET NAM Growth	-	-	-	-49.55%
PHILIPPINES	-	-	197K	333.6K
PHILIPPINES Growth	-	-	-	69.34%
SINGAPORE	-	-	459.21K	275.98K
SINGAPORE Growth	-	-	-	-39.90%
MALAYSIA	-	-	2.81K	444
MALAYSIA Growth	-	-	-	-84.17%

Frequently Asked Questions

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.

US Stock Screener

...

Society Pass Incorporated (SOPA) 10-Year Financial Performance & Capital Metrics

SOPA • • Industrial / General

TechnologyApplication SoftwareMarketing & Customer EngagementMarketing Automation

Revenue $7M -13.0%
EBITDA -$9M +48.1%
Net Income -$10M +43.6%
EPS (Diluted) -3.45 +63.3%
Gross Margin 26.22% -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%
ROIC -
Debt/Equity -
Interest Coverage -61.27 +99.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 34.4% free cash flow margin
✓Momentum leader: RS Rating 94 (top 6%)
✓Strong 5Y sales CAGR of 268.8%

✗Weaknesses

✗Shares diluted 53.4% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y268.83%

3Y139.09%

TTM4.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM52.66%

EPS CAGR

10Y-

5Y-

3Y-

TTM53.56%

ROCE

10Y Avg-156.86%

5Y Avg-196.66%

3Y Avg-245%

Latest-474.83%

Peer Comparison

Marketing Automation

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HUBSHubSpot, Inc.	18.8B	358.89	4018.93	21.07%	-0.12%	-0.19%	2.98%	0.39
SHOPShopify Inc.	204.71B	167.44	108.03	25.78%	16.65%	14.25%	0.78%	0.10
CRMSalesforce, Inc.	225.87B	241.06	37.90	8.72%	17.91%	12.03%	5.5%	0.19
SAGTSAGTEC GLOBAL Ltd	23.46M	1.84	3.35	77.59%	13.32%	50.19%	3.71%	0.20
BNZIBanzai International, Inc.	15.91M	1.51	-0.22	-0.73%	-547.65%	-108.58%
SOPASociety Pass Incorporated	18.41M	2.42	-0.70	-13.05%	-77.41%	-40.8%	13.28%
BMBLBumble Inc.	408.12M	3.62	-0.79	1.88%	-19.82%	-19.17%	23.69%	0.47
PHUNPhunware, Inc.	39.57M	1.96	-2.09	-34%	-5.05%	-12.11%		0.01

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	10.41K	52.45K	519.88K	5.64M	8.17M	7.11M
Revenue Growth %	-	-	4.04%	8.91%	9.84%	0.45%	-0.13%
Cost of Goods Sold+	0	771	88.66K	710.68K	4.67M	5.7M	5.24M
COGS % of Revenue	-	0.07%	1.69%	1.37%	0.83%	0.7%	0.74%
Gross Profit+	0	9.64K	-36.21K	-190.8K	966.97K	2.47M	1.86M
Gross Margin %	-	0.93%	-0.69%	-0.37%	0.17%	0.3%	0.26%
Gross Profit Growth %	-	-	-4.76%	-4.27%	6.07%	1.55%	-0.25%
Operating Expenses+	1.46M	7.3M	3.71M	34.02M	35.12M	20.43M	11.18M
OpEx % of Revenue	-	701.18%	70.81%	65.44%	6.23%	2.5%	1.57%
Selling, General & Admin	1.46M	4.21M	3.53M	33.73M	31.55M	20.37M	11.13M
SG&A % of Revenue	-	404.61%	67.34%	64.87%	5.6%	2.49%	1.57%
Research & Development	0	289.18K	165.51K	95.81K	73K	55.65K	54.64K
R&D % of Revenue	-	27.78%	3.16%	0.18%	0.01%	0.01%	0.01%
Other Operating Expenses	0	2.8M	16.38K	200K	3.5M	0	0
Operating Income+	-1.46M	-7.29M	-3.75M	-34.21M	-34.16M	-17.96M	-9.32M
Operating Margin %	-	-700.25%	-71.5%	-65.81%	-6.06%	-2.2%	-1.31%
Operating Income Growth %	-	-3.99%	0.49%	-8.12%	0%	0.47%	0.48%
EBITDA+	1.46M	-7.28M	-2.94M	-31M	-30.85M	-16.69M	-8.67M
EBITDA Margin %	-	-699.52%	-56.09%	-59.63%	-5.47%	-2.04%	-1.22%
EBITDA Growth %	-	-5.99%	0.6%	-9.54%	0%	0.46%	0.48%
D&A (Non-Cash Add-back)	2.92M	7.56K	808.15K	3.21M	3.31M	1.27M	651.65K
EBIT	-2.92M	-7.29M	-3.77M	-34.81M	-33.99M	-18.07M	-10M
Net Interest Income+	0	-8.13K	-48.97K	-41.4K	59.01K	160.47K	-138.7K
Interest Income	0	3	19	116	84.12K	160.7K	13.45K
Interest Expense	0	8.13K	48.99K	41.51K	25.11K	235	152.14K
Other Income/Expense	5	-8.13K	-69.41K	-641.4K	144.66K	-113.19K	-835.43K
Pretax Income+	1.46M	-7.3M	-3.82M	-34.85M	-34.01M	-18.07M	-10.16M
Pretax Margin %	-	-701.03%	-72.82%	-67.04%	-6.04%	-2.21%	-1.43%
Income Tax+	2.92M	0	8.33K	11.14K	3.63K	25.32K	80.54K
Effective Tax Rate %	-2%	1%	1%	1%	0.99%	1%	1.01%
Net Income+	-2.92M	-7.3M	-3.83M	-34.77M	-33.79M	-18.13M	-10.23M
Net Margin %	-	-701.03%	-72.98%	-66.87%	-6%	-2.22%	-1.44%
Net Income Growth %	-	-1.5%	0.48%	-8.08%	0.03%	0.46%	0.44%
Net Income (Continuing)	-1.46M	-7.3M	-3.83M	-34.86M	-34.02M	-18.1M	-10.24M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	-102.78K	-336.51K	-277.25K	-273.9K
EPS (Diluted)+	-9.07	-17.99	-8.21	-55.22	-20.75	-9.39	-3.45
EPS Growth %	-	-0.98%	0.54%	-5.73%	0.62%	0.55%	0.63%
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
Basic Shares Outstanding	322.08K	405.66K	466.01K	629.58K	1.63M	1.92M	2.96M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	938.57K	661.6K	569.1K	29.63M	23M	8.1M	14.48M
Cash & Short-Term Investments	938.57K	606.49K	506.67K	23.26M	18.93M	3.63M	7.63M
Cash Only	938.57K	606.49K	506.67K	23.26M	18.93M	3.63M	7.63M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	0	54.98K	1.9K	151.07K	1.33M	2.18M	3.25M
Days Sales Outstanding	-	1.93K	13.2	106.06	86.08	97.47	166.97
Inventory	0	133	1	221.07K	310.93K	431.48K	157.73K
Days Inventory Outstanding	-	62.96	0	113.54	24.31	27.62	10.98
Other Current Assets	0	0	0	0	72.35K	245.17K	53.9K
Total Non-Current Assets+	8M	8.08M	7.3M	5.54M	9.7M	8.26M	6.8M
Property, Plant & Equipment	0	77.02K	97.18K	685K	2.24M	2.09M	1.16M
Fixed Asset Turnover	-	0.14x	0.54x	0.76x	2.51x	3.90x	6.13x
Goodwill	0	0	0	0	0	88.2K	81.85K
Intangible Assets	8M	8M	7.2M	4M	7.46M	6.08M	5.5M
Long-Term Investments	0	0	0	0	0	0	0
Other Non-Current Assets	0	-8.08M	0	858.67K	0	0	0
Total Assets+	8.94M	8.74M	7.87M	35.18M	32.7M	16.36M	21.28M
Asset Turnover	-	0.00x	0.01x	0.01x	0.17x	0.50x	0.33x
Asset Growth %	-	-0.02%	-0.1%	3.47%	-0.07%	-0.5%	0.3%
Total Current Liabilities+	425.83K	2.31M	2.99M	2.44M	11.61M	10.49M	23.23M
Accounts Payable	0	50.78K	54.26K	261.91K	1.3M	1.69M	3M
Days Payables Outstanding	-	24.04K	223.35	134.51	101.37	108.23	208.73
Short-Term Debt	0	0	0	0	28.16K	21.31K	113.04K
Deferred Revenue (Current)	0	19.84K	18.65K	25.23K	1000K	0	1000K
Other Current Liabilities	0	2.13M	2.2M	1.78M	69K	6.86M	111.52K
Current Ratio	2.20x	0.29x	0.19x	12.15x	1.98x	0.77x	0.62x
Quick Ratio	2.20x	0.29x	0.19x	12.06x	1.95x	0.73x	0.62x
Cash Conversion Cycle	-	-22.05K	-210.15	85.09	9.02	16.86	-30.78
Total Non-Current Liabilities+	0	13.48M	15.29M	411.05K	1.07M	847.95K	461.75K
Long-Term Debt	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	46.45K	411.05K	1.07M	847.95K	392.75K
Deferred Tax Liabilities	0	0	0	0	0	0	69K
Other Non-Current Liabilities	0	0	15.24M	0	0	0	0
Total Liabilities	425.83K	15.79M	18.28M	2.85M	12.69M	11.33M	23.69M
Total Debt+	0	53.44K	83.2K	629.13K	1.57M	1.43M	866.42K
Net Debt	-938.57K	-553.05K	-423.46K	-22.64M	-17.36M	-2.2M	-6.76M
Debt / Equity	-	-	-	0.02x	0.08x	0.28x	-
Debt / EBITDA	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.64x	-	-	-	-	-	-
Interest Coverage	-	-896.83x	-76.55x	-824.11x	-1360.53x	-76427.31x	-61.27x
Total Equity+	8.51M	-7.05M	-10.41M	32.33M	20.01M	5.03M	-2.41M
Equity Growth %	-	-1.83%	-0.48%	4.1%	-0.38%	-0.75%	-1.48%
Book Value per Share	26.43	-17.38	-22.35	51.34	12.29	2.60	-0.81
Total Shareholders' Equity	8.51M	-7.05M	-10.41M	32.43M	20.35M	5.31M	-2.14M
Common Stock	2	685	742	1.97K	2.71K	3.33K	372
Retained Earnings	-1.46M	-8.76M	-12.59M	-47.35M	-81.14M	-99.27M	-110.16M
Treasury Stock	0	-1.7M	0	0	0	-785.52K	-54.94K
Accumulated OCI	-2	3.99K	-55.24K	-54.34K	56.53K	-242.13K	272.92K
Minority Interest	0	0	0	-102.78K	-336.51K	-277.25K	-273.9K

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-221.05K	-1.57M	-1.25M	-10.81M	-14.45M	-13.91M	2.47M
Operating CF Margin %	-	-150.65%	-23.86%	-20.8%	-2.56%	-1.7%	0.35%
Operating CF Growth %	-	-6.1%	0.2%	-7.64%	-0.34%	0.04%	1.18%
Net Income	-1.46M	-7.3M	-3.83M	-34.86M	-34.02M	-18.1M	-10.24M
Depreciation & Amortization	0	7.56K	808.15K	3.21M	3.31M	1.27M	651.65K
Stock-Based Compensation	0	2.57M	1.03M	25.89M	8.3M	3.97M	804.73K
Deferred Taxes	0	0	0	0	0	-149.86K	91.51K
Other Non-Cash Items	814.01K	2.81M	100.78K	847.31K	3.51M	614.13K	812.58K
Working Capital Changes	425.83K	344.14K	640.74K	-5.9M	4.45M	-1.51M	10.35M
Change in Receivables	0	-3.86K	8.87K	-50.69K	148.64K	-167.31K	1.21K
Change in Inventory	0	-139	-5.43K	-221.07K	-85.52K	550.67K	178.94K
Change in Payables	0	11.64K	3.47K	207.65K	-862.22K	412.85K	1.46M
Cash from Investing+	0	-92.31K	0	-246.84K	177.39K	-340.25K	-29.96K
Capital Expenditures	0	-30.93K	0	-46.84K	-566.27K	-219.21K	-29.96K
CapEx % of Revenue	-	2.97%	-	0.09%	0.1%	0.03%	0%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	-1.73K	0	0	-80K	-143.77K	0
Cash from Financing+	1.16M	1.32M	1.21M	33.82M	10.18M	-785.52K	1.48M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-221.05K	-1.6M	-1.25M	-10.86M	-15.02M	-14.27M	2.44M
FCF Margin %	-	-153.79%	-23.86%	-20.89%	-2.67%	-1.75%	0.34%
FCF Growth %	-	-6.24%	0.22%	-7.68%	-0.38%	0.05%	1.17%
FCF per Share	-0.69	-3.95	-2.69	-17.25	-9.22	-7.39	0.82
FCF Conversion (FCF/Net Income)	0.08x	0.21x	0.33x	0.31x	0.43x	0.77x	-0.24x
Interest Paid	0	0	0	110	0	235	151.52K
Taxes Paid	0	0	0	0	0	7.22K	40.06K

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-34.32%	-997.71%	-	-317.33%	-129.11%	-144.84%	-781.77%
Return on Invested Capital (ROIC)	-14.47%	-	-	-264.8%	-415.2%	-491.38%	-
Gross Margin	-	92.59%	-69.04%	-36.7%	17.16%	30.23%	26.22%
Net Margin	-	-70103.04%	-7297.94%	-6687.08%	-599.52%	-221.92%	-143.93%
Debt / Equity	-	-	-	0.02x	0.08x	0.28x	-
Interest Coverage	-	-896.83x	-76.55x	-824.11x	-1360.53x	-76427.31x	-61.27x
FCF Conversion	0.08x	0.21x	0.33x	0.31x	0.43x	0.77x	-0.24x
Revenue Growth	-	-	403.82%	891.14%	984%	45%	-13.05%

Revenue by Segment

	2021	2022	2023	2024
Digital Marketing	-	2.59M	-	-
Digital Marketing Growth	-	-	-	-
Software Development	-	23.8K	-	-
Software Development Growth	-	-	-	-
Hardware Sales	208	150	-	-
Hardware Sales Growth	-	-27.88%	-	-
Sales Online Ordering	407.66K	-	-	-
Sales Online Ordering Growth	-	-	-	-
Software License	302.81K	-	-	-
Software License Growth	-	-	-	-

Revenue by Geography

	2021	2022	2023	2024
UNITED STATES	-	-	3.94M	3.51M
UNITED STATES Growth	-	-	-	-10.94%
THAILAND	-	-	1.08M	1.46M
THAILAND Growth	-	-	-	35.08%
INDONESIA	-	-	1.24M	892.21K
INDONESIA Growth	-	-	-	-27.81%
VIET NAM	-	-	1.26M	634.19K
VIET NAM Growth	-	-	-	-49.55%
PHILIPPINES	-	-	197K	333.6K
PHILIPPINES Growth	-	-	-	69.34%
SINGAPORE	-	-	459.21K	275.98K
SINGAPORE Growth	-	-	-	-39.90%
MALAYSIA	-	-	2.81K	444
MALAYSIA Growth	-	-	-	-84.17%

Frequently Asked Questions

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.