SOPA Chart
About

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia. It operates through Online Grocery and Food and Groceries Deliveries; Digital Marketing; Online Ticketing and Reservation; Telecommunications Reseller; and e-Commerce 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 and Mangan brand name; and an online grocery delivery under the Pushkart brand name. It also sells hardware and software for a point of sales application; local mobile phone and global internet data plans under the Gorilla brand name; and domestic and overseas air ticket, and global hotel reservations, as well as offers digital marketing services. In addition, the company provides IP licensing, computer sciences consultancy and data analytics, software production, event organizing, and insurance services. The company collaborates with NusaTrip Incorporated to develops technology solutions aimed at enhancing travel distribution processes for travel wholesalers, agencies, and B2B platforms. 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.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Advertising Agencies Market Cap 9.13M
Enterprise Value -10.19M Income -10.55M Sales 7.23M
Book/sh 2.28 Cash/sh 2.44 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -3.64 PEG —
P/S 1.26 P/B 0.31 P/C —
EV/EBITDA 1.04 EV/Sales -1.41 Quick Ratio 0.89
Current Ratio 1.41 Debt/Eq 7.22 LT Debt/Eq —
EPS (ttm) -2.50 EPS next Y -0.20 EPS Growth —
Revenue Growth -17.60% Earnings 2025-11-14 07:00 ROA -25.95%
ROE -153.37% ROIC — Gross Margin 45.75%
Oper. Margin -3.80% Profit Margin -146.00% Shs Outstand 12.87M
Shs Float 5.70M Short Float 7.53% Short Ratio 0.11
Short Interest — 52W High 6.28 52W Low 0.56
Beta 1.77 Avg Volume 5.90M Volume 686.25K
Target Price $21.25 Recom None Prev Close $0.66
Price $0.71 Change 7.47%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.25
Mean price target
2. Current target
$0.71
Latest analyst target
3. DCF / Fair value
$-11.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.71
Low
$20.00
High
$22.50
Mean
$21.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-18 main Ascendiant Capital Buy → Buy $23
2025-10-03 main Ascendiant Capital Buy → Buy $18
2025-05-27 main Ascendiant Capital Buy → Buy $15
2025-04-21 main Ascendiant Capital Buy → Buy $14
2024-12-05 main Ascendiant Capital Buy → Buy $16
2024-09-03 main Ascendiant Capital Buy → Buy $19
2024-04-17 down Maxim Group Buy → Hold —
2023-11-01 init Greenridge Global — → Buy $3
2023-07-11 init Ascendiant Capital — → Buy $4
2023-03-27 main Maxim Group — → Buy $3
2022-07-26 init Spartan Securities Group — → Buy $8
2022-05-19 main Maxim Group — → Buy $5
2022-02-24 init Maxim Group — → Buy $9
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12000 29160 — Purchase at price 2.43 per share. DUNN MICHAEL PAUL JR Director — 2025-02-03 00:00:00 D
1 10714 26035 — Sale at price 2.43 per share. DUNN MICHAEL PAUL JR Director — 2025-02-03 00:00:00 D
2 509 468 — Stock Award(Grant) at price 0.92 per share. DUNN MICHAEL PAUL JR Director — 2024-09-30 00:00:00 D
3 4000 4200 — Stock Award(Grant) at price 1.05 per share. DUNN MICHAEL PAUL JR Director — 2024-08-28 00:00:00 D
4 4000 4000 — Stock Award(Grant) at price 1.00 - 1.04 per share. DUNN MICHAEL PAUL JR Director — 2024-08-20 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-208.24K-98.06K-738.20K-217.60K
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-8.36M-16.33M-27.16M-30.80M
TotalUnusualItems-991.63K-466.94K-3.52M-805.91K
TotalUnusualItemsExcludingGoodwill-991.63K-466.94K-3.52M-805.91K
NetIncomeFromContinuingOperationNetMinorityInterest-10.23M-18.13M-33.79M-34.77M
ReconciledDepreciation651.65K1.27M3.31M3.21M
ReconciledCostOfRevenue5.24M5.70M4.67M710.68K
EBITDA-9.35M-16.80M-30.68M-31.60M
EBIT-10.00M-18.07M-33.99M-34.81M
NetInterestIncome-138.70K160.47K59.01K-41.40K
InterestExpense152.14K235.0025.11K41.51K
InterestIncome13.45K160.70K84.12K116.00
NormalizedIncome-9.44M-17.77M-31.01M-34.18M
NetIncomeFromContinuingAndDiscontinuedOperation-10.23M-18.13M-33.79M-34.77M
TotalExpenses16.43M26.13M36.29M34.53M
TotalOperatingIncomeAsReported-9.32M-17.96M-34.16M-34.21M
DilutedAverageShares2.96M1.93M1.63M629.58K
BasicAverageShares2.96M1.93M1.63M629.58K
DilutedEPS-3.45-9.39-20.70-55.20
BasicEPS-3.45-9.39-20.70-55.20
DilutedNIAvailtoComStockholders-10.23M-18.13M-33.79M-34.77M
NetIncomeCommonStockholders-10.23M-18.13M-33.79M-34.77M
NetIncome-10.23M-18.13M-33.79M-34.77M
MinorityInterests10.02K-35.21K228.91K99.59K
NetIncomeIncludingNoncontrollingInterests-10.24M-18.10M-34.02M-34.86M
NetIncomeContinuousOperations-10.24M-18.10M-34.02M-34.86M
TaxProvision80.54K25.32K3.63K11.14K
PretaxIncome-10.16M-18.07M-34.01M-34.85M
OtherIncomeExpense-696.73K-273.65K-3.41M-800.00K
OtherNonOperatingIncomeExpenses294.90K185.65K101.01K5.91K
SpecialIncomeCharges-991.63K-466.94K-3.52M-747.55K
GainOnSaleOfPPE205.001.44K-19.96K0.00
GainOnSaleOfBusiness-75.000.00
OtherSpecialCharges774.52K-193.78K-2.17K547.55K
WriteOff0.003.50M200.00K
ImpairmentOfCapitalAssets217.24K662.16K0.00
EarningsFromEquityInterest0.007.64K
GainOnSaleOfSecurity7.64K2.44K-58.36K
NetNonOperatingInterestIncomeExpense-138.70K160.47K59.01K-41.40K
InterestExpenseNonOperating152.14K235.0025.11K41.51K
InterestIncomeNonOperating13.45K160.70K84.12K116.00
OperatingIncome-9.32M-17.96M-30.66M-34.01M
OperatingExpense11.18M20.43M31.62M33.82M
ResearchAndDevelopment54.64K55.65K73.00K95.81K
SellingGeneralAndAdministration11.13M20.37M31.55M33.73M
SellingAndMarketingExpense341.46K577.93K997.78K327.19K
GeneralAndAdministrativeExpense10.79M19.80M30.55M33.40M
OtherGandA10.79M19.80M30.55M33.40M
GrossProfit1.86M2.47M966.97K-190.80K
CostOfRevenue5.24M5.70M4.67M710.68K
TotalRevenue7.11M8.17M5.64M519.88K
OperatingRevenue7.11M8.17M5.64M519.88K
Line Item2024-12-312023-12-31
TreasurySharesNumber51.90K74.11K
OrdinarySharesNumber3.67M2.14M1.81M1.32M
ShareIssued3.72M2.22M1.81M1.32M
TotalDebt866.42K1.43M1.57M629.13K
TangibleBookValue-7.72M-863.51K12.89M28.43M
InvestedCapital-2.03M5.33M20.38M32.43M
WorkingCapital-8.75M-2.47M11.38M27.19M
NetTangibleAssets-7.72M-863.51K12.89M28.43M
CapitalLeaseObligations753.38K1.41M1.54M629.13K
CommonStockEquity-2.14M5.31M20.35M32.43M
PreferredStockEquity15.00
TotalCapitalization-2.14M5.31M20.35M32.43M
TotalEquityGrossMinorityInterest-2.41M5.03M20.01M32.33M
MinorityInterest-273.90K-277.25K-336.51K-102.78K
StockholdersEquity-2.14M5.31M20.35M32.43M
OtherEquityInterest-233.00K
GainsLossesNotAffectingRetainedEarnings272.92K-242.13K56.53K-54.34K
OtherEquityAdjustments272.92K-242.13K56.53K-54.34K
TreasuryStock54.94K785.52K
RetainedEarnings-110.16M-99.27M-81.14M-47.35M
AdditionalPaidInCapital108.04M105.61M101.43M79.83M
CapitalStock387.00222.002.71K1.97K
CommonStock372.00222.002.71K1.97K
PreferredStock15.000.000.000.00
TotalLiabilitiesNetMinorityInterest23.69M11.33M12.69M2.85M
TotalNonCurrentLiabilitiesNetMinorityInterest461.75K916.95K1.07M411.05K
PreferredSecuritiesOutsideStockEquity0.000.000.000.00
NonCurrentDeferredLiabilities69.00K69.00K
NonCurrentDeferredTaxesLiabilities69.00K69.00K
LongTermDebtAndCapitalLeaseObligation392.75K847.95K1.07M411.05K
LongTermCapitalLeaseObligation392.75K847.95K1.07M411.05K
CurrentLiabilities23.23M10.42M11.61M2.44M
OtherCurrentLiabilities596.05K
CurrentDeferredLiabilities11.60M1.67M2.63M25.23K
CurrentDeferredRevenue11.60M1.67M2.56M25.23K
CurrentDeferredTaxesLiabilities69.00K69.00K0.00
CurrentDebtAndCapitalLeaseObligation473.66K584.59K496.10K218.08K
CurrentCapitalLeaseObligation360.62K563.28K467.94K218.08K
CurrentDebt113.04K21.31K28.16K
OtherCurrentBorrowings99.83K
LineOfCredit13.21K21.31K28.16K0.00
PensionandOtherPostRetirementBenefitPlansCurrent111.52K185.76K
PayablesAndAccruedExpenses11.05M7.98M8.49M1.60M
CurrentAccruedExpenses5.67M3.35M4.59M444.28K
Payables5.38M4.63M3.90M1.16M
OtherPayable712.18K897.57K919.21K245.00K
DuetoRelatedPartiesCurrent8.57K9.90K22.31K524.76K
TotalTaxPayable1.66M2.03M1.66M124.32K
AccountsPayable3.00M1.69M1.30M261.91K
TotalAssets21.28M16.36M32.70M35.18M
TotalNonCurrentAssets6.80M8.41M9.70M5.54M
OtherNonCurrentAssets-360.00
NonCurrentPrepaidAssets0.00858.67K
NonCurrentDeferredAssets58.35K149.86K
NonCurrentDeferredTaxesAssets58.35K149.86K
GoodwillAndOtherIntangibleAssets5.59M6.17M7.46M4.00M
OtherIntangibleAssets5.50M6.08M7.46M4.00M
Goodwill81.85K88.20K0.00
NetPPE1.16M2.09M2.24M685.00K
AccumulatedDepreciation-667.59K-520.61K-282.01K-21.74K
GrossPPE1.83M2.62M2.24M706.75K
OtherProperties1.24M2.02M2.24M656.71K
MachineryFurnitureEquipment590.98K593.12K666.01K50.03K
CurrentAssets14.48M7.95M23.00M29.63M
CurrentDeferredAssets149.86K0.00
CurrentDeferredTaxesAssets149.86K0.00
RestrictedCash53.90K95.31K72.35K0.00
PrepaidAssets3.38M1.61M2.35M6.00M
Inventory157.73K431.48K310.93K221.07K
InventoriesAdjustmentsAllowances0.00
FinishedGoods157.73K431.48K310.93K221.07K
Receivables3.25M2.18M1.33M151.07K
OtherReceivables2.05M714.27K224.93K1.67K
TaxesReceivable84.30K118.17K140.05K96.82K
AccruedInterestReceivable5.95K11.55K12.76K0.00
AccountsReceivable1.11M1.34M951.33K52.59K
CashCashEquivalentsAndShortTermInvestments7.63M3.63M18.93M23.26M
CashAndCashEquivalents7.63M3.63M18.93M23.26M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow2.44M-14.27M-15.02M-10.86M
RepurchaseOfCapitalStock0.00-785.52K0.00
RepaymentOfDebt-795.32K0.00-632.88K-151.48K
IssuanceOfDebt885.02K0.00
IssuanceOfCapitalStock1.39M0.0010.82M33.98M
CapitalExpenditure-29.96K-362.99K-566.27K-46.84K
InterestPaidSupplementalData151.52K235.000.00110.00
IncomeTaxPaidSupplementalData40.06K7.22K0.000.00
EndCashPosition7.68M3.72M19.00M23.26M
BeginningCashPosition3.72M19.00M23.26M506.67K
EffectOfExchangeRateChanges39.49K-245.45K-167.98K-4.87K
ChangesInCash3.92M-15.03M-4.09M22.76M
FinancingCashFlow1.48M-785.52K10.18M33.82M
CashFlowFromContinuingFinancingActivities1.48M-785.52K10.18M33.82M
NetPreferredStockIssuance0.00412.89K8.53M
PreferredStockIssuance0.00412.89K8.53M
NetCommonStockIssuance1.39M-785.52K10.40M25.45M
CommonStockPayments0.00-785.52K0.00
CommonStockIssuance1.39M0.0010.40M25.45M
NetIssuancePaymentsOfDebt89.70K0.00-632.88K-151.48K
NetLongTermDebtIssuance89.70K0.00-632.88K-151.48K
LongTermDebtPayments-795.32K0.00-632.88K-151.48K
LongTermDebtIssuance885.02K0.00
InvestingCashFlow-29.96K-340.25K177.39K-246.84K
CashFlowFromContinuingInvestingActivities-29.96K-340.25K177.39K-246.84K
NetOtherInvestingChanges-80.00K
NetInvestmentPurchaseAndSale0.00-200.00K
PurchaseOfInvestment0.00-200.00K
NetBusinessPurchaseAndSale0.0022.74K823.66K0.00
SaleOfBusiness0.0032.74K1.64M0.00
PurchaseOfBusiness0.00-10.00K-820.00K0.00
NetIntangiblesPurchaseAndSale0.00-143.77K0.00
PurchaseOfIntangibles0.00-143.77K0.00
NetPPEPurchaseAndSale-29.96K-219.21K-566.27K-46.84K
PurchaseOfPPE-29.96K-219.21K-566.27K-46.84K
OperatingCashFlow2.47M-13.91M-14.45M-10.81M
CashFlowFromContinuingOperatingActivities2.47M-13.91M-14.45M-10.81M
ChangeInWorkingCapital10.83M-1.51M4.45M-5.90M
ChangeInOtherWorkingCapital277.61K-260.52K929.86K6.58K
ChangeInOtherCurrentLiabilities-483.08K-643.04K-580.00K-74.28K
ChangeInOtherCurrentAssets481.52K569.51K387.16K73.80K
ChangeInPayablesAndAccruedExpense13.67M-1.93M-1.37M-206.32K
ChangeInAccruedExpense12.21M-2.52M-511.73K-413.97K
ChangeInPayable1.46M593.15K-862.22K207.65K
ChangeInAccountPayable1.46M412.85K-862.22K207.65K
ChangeInPrepaidAssets-3.19M592.90K5.02M-5.42M
ChangeInInventory178.94K550.67K-85.52K-221.07K
ChangeInReceivables-107.37K-394.37K148.64K-50.69K
ChangesInAccountReceivables1.21K-167.31K168.95K-50.69K
OtherNonCashItems143.94K5.60K588.95K
StockBasedCompensation804.73K3.97M8.30M25.89M
AssetImpairmentCharge375.03K664.35K3.50M200.00K
DeferredTax91.51K-149.86K0.00
DeferredIncomeTax91.51K-149.86K0.00
DepreciationAmortizationDepletion651.65K1.27M3.31M3.21M
DepreciationAndAmortization651.65K1.27M3.31M3.21M
AmortizationCashFlow415.00K1.02M3.20M
AmortizationOfIntangibles415.00K1.02M3.20M
Depreciation236.66K248.99K107.83K
OperatingGainsLosses-43.97K-194.15K58.36K
GainLossOnInvestmentSecurities58.36K
GainLossOnSaleOfPPE-205.00-1.44K0.00
GainLossOnSaleOfBusiness75.000.00
NetIncomeFromContinuingOperations-10.24M-18.10M-34.02M-34.86M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SOPA
Date User Asset Broker Type Position Size Entry Price Patterns