(SOPA) Society Pass - Overview
Stock: E-Commerce, Food Delivery, Digital Marketing, Ticketing, Telecommunications
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 178% |
| Relative Tail Risk | -38.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.79 |
| Alpha | -32.53 |
| Character TTM | |
|---|---|
| Beta | 1.392 |
| Beta Downside | 1.365 |
| Drawdowns 3y | |
|---|---|
| Max DD | 96.37% |
| CAGR/Max DD | -0.55 |
Description: SOPA Society Pass January 06, 2026
Society Pass Inc. (NASDAQ:SOPA) is a Singapore-based fintech and e-commerce operator that runs a portfolio of mobile-first platforms across Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand and Malaysia. Its core activities span online grocery and food delivery, digital marketing, ticketing & reservations, telecommunications resale, and broader e-commerce services.
The company’s consumer-facing brands include Leflair (lifestyle retail), Handycart and Mangan (food delivery), and Pushkart (grocery delivery). On the B2B side it sells point-of-sale hardware/software, Gorilla-branded mobile phone and data plans, and provides ancillary services such as IP licensing, data analytics, event organization and insurance.
According to its most recent Form 10-K (FY 2023), SOPA reported $78 million in revenue, a 42 % YoY increase driven primarily by a 55 % rise in grocery-delivery GMV, while cash and cash equivalents stood at $32 million, giving it roughly 9 months of runway at current burn rates. The active user base across its platforms exceeded 4.2 million in Q4 2023, with an average order value of $23.
Key macro-drivers for SOPA’s markets include Southeast Asia’s projected 7 % CAGR in e-commerce spend through 2027, penetration of smartphones now above 80 % in the region, and a rapid shift toward digital payments-Indonesia alone processed $150 billion in fintech transactions in 2023, up 31 % YoY.
For a deeper quantitative view, you might explore SOPA’s metrics on ValueRay’s platform.
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income: -5.59m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.57 > 0.02 and ΔFCF/TA -25.44 > 1.0 |
| NWC/Revenue: 106.2% < 20% (prev -88.75%; Δ 195.0% < -1%) |
| CFO/TA -0.57 > 3% & CFO -18.9m > Net Income -5.59m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.74m) vs 12m ago 99.07% < -2% |
| Gross Margin: 45.75% > 18% (prev 0.28%; Δ 4546 % > 0.5%) |
| Asset Turnover: 28.74% > 50% (prev 40.66%; Δ -11.92% > 0%) |
| Interest Coverage Ratio: -57.85 > 6 (EBITDA TTM -6.07m / Interest Expense TTM 112.4k) |
Altman Z'' -15.00
| A: 0.23 (Total Current Assets 26.6m - Total Current Liabilities 19.0m) / Total Assets 33.3m |
| B: -3.50 (Retained Earnings -116.6m / Total Assets 33.3m) |
| C: -0.26 (EBIT TTM -6.50m / Avg Total Assets 25.1m) |
| D: -5.95 (Book Value of Equity -116.6m / Total Liabilities 19.6m) |
| Altman-Z'' Score: -17.88 = D |
Beneish M -3.63
| DSRI: 0.51 (Receivables 2.18m/4.06m, Revenue 7.23m/6.91m) |
| GMI: 0.62 (GM 45.75% / 28.48%) |
| AQI: 0.49 (AQ_t 0.17 / AQ_t-1 0.34) |
| SGI: 1.05 (Revenue 7.23m / 6.91m) |
| TATA: 0.40 (NI -5.59m - CFO -18.9m) / TA 33.3m) |
| Beneish M-Score: -3.63 (Cap -4..+1) = AAA |
What is the price of SOPA shares?
Over the past week, the price has changed by -27.44%, over one month by -50.32%, over three months by -15.22% and over the past year by -25.00%.
Is SOPA a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SOPA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.8 | 1422.4% |
| Analysts Target Price | 23.8 | 1422.4% |
| ValueRay Target Price | 1 | -34.6% |
SOPA Fundamental Data Overview February 03, 2026
P/B = 1.17
Revenue TTM = 7.23m USD
EBIT TTM = -6.50m USD
EBITDA TTM = -6.07m USD
Long Term Debt = 839.4k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 398.9k USD (from shortTermDebt, last quarter)
Debt = 973.4k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.63m USD (from netDebt column, last quarter)
Enterprise Value = 10.7m USD (16.4m + Debt 973.4k - CCE 6.60m)
Interest Coverage Ratio = -57.85 (Ebit TTM -6.50m / Interest Expense TTM 112.4k)
EV/FCF = -0.57x (Enterprise Value 10.7m / FCF TTM -18.9m)
FCF Yield = -176.2% (FCF TTM -18.9m / Enterprise Value 10.7m)
FCF Margin = -261.4% (FCF TTM -18.9m / Revenue TTM 7.23m)
Net Margin = -77.41% (Net Income TTM -5.59m / Revenue TTM 7.23m)
Gross Margin = 45.75% ((Revenue TTM 7.23m - Cost of Revenue TTM 3.92m) / Revenue TTM)
Gross Margin QoQ = 64.28% (prev 56.49%)
Tobins Q-Ratio = 0.32 (Enterprise Value 10.7m / Total Assets 33.3m)
Interest Expense / Debt = 0.09% (Interest Expense 833.0 / Debt 973.4k)
Taxrate = 21.0% (US default 21%)
NOPAT = -5.14m (EBIT -6.50m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.40 (Total Current Assets 26.6m / Total Current Liabilities 19.0m)
Debt / Equity = 0.07 (Debt 973.4k / totalStockholderEquity, last quarter 14.3m)
Debt / EBITDA = 0.93 (negative EBITDA) (Net Debt -5.63m / EBITDA -6.07m)
Debt / FCF = 0.30 (negative FCF - burning cash) (Net Debt -5.63m / FCF TTM -18.9m)
Total Stockholder Equity = 3.48m (last 4 quarters mean from totalStockholderEquity)
RoA = -22.25% (Net Income -5.59m / Total Assets 33.3m)
RoE = -160.6% (Net Income TTM -5.59m / Total Stockholder Equity 3.48m)
RoCE = -150.4% (out of range, set to none) (EBIT -6.50m / Capital Employed (Equity 3.48m + L.T.Debt 839.4k))
RoIC = -148.0% (out of range, set to none) (NOPAT -5.14m / Invested Capital 3.47m)
WACC = 10.43% (E(16.4m)/V(17.3m) * Re(11.05%) + D(973.4k)/V(17.3m) * Rd(0.09%) * (1-Tc(0.21)))
Discount Rate = 11.05% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 63.61%
Fair Price DCF = unknown (Cash Flow -18.9m)
EPS Correlation: -7.42 | EPS CAGR: 30.65% | SUE: -1.11 | # QB: 0
Revenue Correlation: 53.65 | Revenue CAGR: 37.42% | SUE: -1.81 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.11 | Chg30d=+0.020 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.13 | Chg30d=+0.340 | Revisions Net=+1 | Growth EPS=+90.6% | Growth Revenue=+71.2%