Society Pass (SOPA) AI Stock Analysis

• Market Cap: $12.39M
• Dividend Yield: N/A
• Average Volume (3M): 7.81M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: 0.31%
• EPS Growth: 70.95%
• Country: US
• Employees: 40
• Sector: Communication Services
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): -3.53
• Shares Outstanding: 6,105,525
• 10 Day Avg. Volume: 219,281
• 30 Day Avg. Volume: 7,813,368
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.05
• Enterprise Value/Revenue: -0.08
• Enterprise Value/Gross Profit: -0.21
• Enterprise Value/Ebitda: 0.10
• 1Y Price Target: $22.00
• Price Target Upside: 552.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -1.04
• Revenue Forecast (FY): $6.20M

• Rating: 45 Neutral
• Price Target: $2.00 ▼(-40.65% Downside)

The overall stock score is primarily impacted by the company's financial performance challenges, including consistent losses and negative equity. Technical analysis provides some positive signals with the stock trading above key moving averages, but valuation remains a significant concern due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market presence and effective business strategies, enhancing long-term prospects.

Cash Flow Improvements

Improved cash flow suggests better operational efficiency and potential for reinvestment, supporting future growth and stability.

Liquidity Strength

Strong liquidity position provides financial flexibility to manage obligations and invest in growth opportunities.

Negative Factors

Profitability Challenges

Persistent profitability issues hinder the company's ability to generate sustainable earnings, affecting long-term viability.

Financial Instability

Negative equity reflects financial distress, limiting access to capital and increasing risk of insolvency.

Operational Challenges

Operational inefficiencies impede profitability, requiring strategic changes to improve cost management and revenue conversion.

Society Pass Business Overview & Revenue Model

Company Description

Society Pass (SOPA) is a technology-driven company focused on e-commerce and digital marketing solutions. Operating primarily in Southeast Asia, the company leverages its proprietary platform to facilitate online transactions among various sectors, including retail, travel, and food delivery. SOPA offers a suite of products and services that include an online marketplace, loyalty programs, and digital marketing tools designed to enhance customer engagement and drive sales for merchants.

How the Company Makes Money

Society Pass generates revenue through multiple streams, primarily by charging transaction fees on sales made through its e-commerce platform. Additionally, the company offers subscription-based services for merchants who utilize its digital marketing and loyalty solutions. Key partnerships with local businesses and brands enhance its service offerings and expand its merchant network, further contributing to revenue growth. Advertising revenue from featured listings and promotional campaigns also serves as a significant source of income, as companies pay to increase their visibility on the platform.

Society Pass Financial Statement Overview

Summary

Society Pass shows revenue growth but faces significant profitability and financial stability challenges. Consistent losses, negative equity, and high liabilities are major concerns, although liquidity management shows some strength.

Income Statement

Society Pass has shown some revenue growth over the years, but profitability remains a significant concern. The company reported negative net income consistently, with a net profit margin of -0.14% in 2024, an improvement compared to -221.88% in 2023. The gross profit margin is also low at 26.22% for 2024. EBIT and EBITDA margins are negative, indicating operational challenges. Despite revenue growth, the inability to translate it into profit is a major weakness.

Balance Sheet

The balance sheet reflects a challenging situation with negative stockholders' equity in 2024, indicating financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, posing a risk. Total liabilities exceed total assets, and the equity ratio is -10.05%, highlighting financial distress. However, the company has maintained a good cash position with cash and cash equivalents exceeding short-term debt, presenting some liquidity strength.

Cash Flow

Cash flow analysis shows a positive operating cash flow in 2024, a significant improvement from negative values in previous years. The free cash flow to net income ratio is high due to minimal net income, but the free cash flow growth rate is remarkable. Despite these improvements, the historical trend of negative free cash flow and operating cash flow raises concerns about long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.52M	7.11M	8.17M	5.64M	519.88K	52.45K
Gross Profit	2.78M	1.86M	2.47M	966.97K	-190.80K	-36.21K
EBITDA	-5.87M	-9.35M	-16.80M	-30.68M	-31.60M	-2.94M
Net Income	-6.81M	-10.23M	-18.13M	-33.79M	-34.77M	-3.83M
Balance Sheet
Total Assets	29.19M	21.28M	16.36M	32.70M	35.18M	7.87M
Cash, Cash Equivalents and Short-Term Investments	8.22M	7.63M	3.63M	18.93M	23.26M	506.67K
Total Debt	834.89K	866.42K	1.43M	1.57M	629.13K	83.20K
Total Liabilities	26.94M	23.69M	11.33M	12.69M	2.85M	18.28M
Stockholders Equity	2.45M	-2.14M	5.31M	20.35M	32.43M	-10.41M
Cash Flow
Free Cash Flow	-139.12K	2.44M	-14.27M	-15.02M	-10.86M	-1.25M
Operating Cash Flow	-105.06K	2.47M	-13.91M	-14.45M	-10.81M	-1.25M
Investing Cash Flow	-34.05K	-29.96K	-340.25K	177.39K	-246.84K	0.00
Financing Cash Flow	7.61M	1.48M	-785.52K	10.18M	33.82M	1.21M

Society Pass Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.37
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SOPA, the sentiment is Neutral. The current price of 3.37 is above the 20-day moving average (MA) of 2.75, above the 50-day MA of 2.04, and above the 200-day MA of 1.52, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.73 is Neutral, neither overbought nor oversold. The STOCH value of 6.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SOPA.

Society Pass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
CXAI	47 Neutral	$15.07M	-0.82	-89.23%	―	-15.10%	74.63%
SOPA	45 Neutral	$12.39M	―	-247.72%	―	0.31%	70.95%
SMSI	41 Neutral	$14.39M	-0.36	-94.92%	―	-24.08%	70.11%

Society Pass Corporate Events

Society Pass COO Resignation and Position Elimination

On October 31, 2025, Society Pass Incorporated announced the resignation of Mr. Tjin Patrick Soetanto as the Group Chief Operating Officer, effective immediately. His departure was amicable, as it was not due to any disagreements with the company, and the Board also decided to eliminate the COO position from its management structure.

The most recent analyst rating on (SOPA) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Society Pass stock, see the SOPA Stock Forecast page.

Society Pass Holds Annual Stockholders Meeting

On October 21, 2025, Society Pass Incorporated held its Annual Meeting of Stockholders, where a quorum was achieved with 84.39% of eligible votes present. During the meeting, several proposals were voted on, including the election of directors and the ratification of auditors, with most directors receiving overwhelming support except for Loic Gautier, who subsequently resigned as a director without any disagreement with the Board or the Company.

The most recent analyst rating on (SOPA) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Society Pass stock, see the SOPA Stock Forecast page.

Society Pass Complies with Nasdaq Listing Requirements

On February 18, 2025, Society Pass Incorporated received a delisting notice from Nasdaq due to non-compliance with the equity rule requiring at least $2,500,000 in stockholders’ equity. After a hearing on April 1, 2025, the company was granted an extension to comply until August 18, 2025. By September 2, 2025, Society Pass demonstrated compliance with the rule, allowing it to remain listed on the Nasdaq Capital Market. However, the company will be under a mandatory monitoring period for one year, during which any further non-compliance will result in immediate delisting without a cure period.

The most recent analyst rating on (SOPA) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Society Pass stock, see the SOPA Stock Forecast page.