Society Pass Incorporated. financial data

Symbol
SOPA on Nasdaq
Industry
Services-Business Services, NEC
Location
30 Gondoliers Bluff, Newport Coast, CA
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 78 % -58.4%
Quick Ratio 4.85 % +114%
Debt-to-equity 200 %
Return On Equity -281 % -89.2%
Return On Assets -90.2 % +1.29%
Operating Margin -187 % +42.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.15M shares -90.4%
Common Stock, Shares, Outstanding 2.97M shares -89.6%
Entity Public Float 8M USD
Common Stock, Value, Issued 297 USD -89.6%
Weighted Average Number of Shares Outstanding, Basic 2.66M shares +41.5%
Weighted Average Number of Shares Outstanding, Diluted 2.66M shares +41.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.58M USD -14.3%
Revenue from Contract with Customer, Excluding Assessed Tax 1.71M USD -21.8%
Cost of Revenue 5.41M USD -18%
Research and Development Expense 53.9K USD -17.5%
Selling and Marketing Expense 619K USD -20.4%
General and Administrative Expense 15.6M USD -42.6%
Costs and Expenses 2.68M USD 0%
Operating Income (Loss) -14.1M USD +50.9%
Nonoperating Income (Expense) -12.6K USD -105%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.2M USD +50.4%
Income Tax Expense (Benefit) 28.6K USD +795%
Net Income (Loss) Attributable to Parent -14.3M USD +49.3%
Earnings Per Share, Basic -0.17 USD/shares +96.9%
Earnings Per Share, Diluted -0.17 USD/shares +96.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 834K USD -92.3%
Accounts Receivable, after Allowance for Credit Loss, Current 776K USD -37.6%
Inventory, Net 293K USD +46.4%
Assets, Current 5.58M USD -61.7%
Property, Plant and Equipment, Net 529K USD -35%
Operating Lease, Right-of-Use Asset 973K USD -39.6%
Intangible Assets, Net (Excluding Goodwill) 1.6M USD
Goodwill 88.2K USD -50.1%
Assets 13M USD -45.7%
Accounts Payable, Current 1.77M USD +2.42%
Accrued Liabilities, Current 6.18M USD -35.4%
Contract with Customer, Liability, Current 1.28M USD +2.57%
Liabilities, Current 10.3M USD +1.47%
Contract with Customer, Liability, Noncurrent 1.21M USD -10.4%
Operating Lease, Liability, Noncurrent 556K USD -47.8%
Liabilities 10.9M USD -3.18%
Accumulated Other Comprehensive Income (Loss), Net of Tax 270K USD
Retained Earnings (Accumulated Deficit) -105M USD -16.7%
Stockholders' Equity Attributable to Parent 2.39M USD -81.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.11M USD -83.4%
Liabilities and Equity 13M USD -45.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.36M USD +41.2%
Net Cash Provided by (Used in) Financing Activities -10.3K USD +98.1%
Net Cash Provided by (Used in) Investing Activities -190K USD +15.6%
Common Stock, Shares Authorized 6.33M shares -93.3%
Common Stock, Shares, Issued 2.97M shares -89.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.05M USD +60.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 888K USD -91.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 173 USD
Deferred Tax Assets, Valuation Allowance 16.9M USD +14.7%
Deferred Tax Assets, Gross 145K USD
Operating Lease, Liability 975K USD -39.9%
Depreciation 235K USD +4.71%
Payments to Acquire Property, Plant, and Equipment 190K USD +522%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -13.7M USD +52.2%
Lessee, Operating Lease, Liability, to be Paid 1.05M USD -40%
Property, Plant and Equipment, Gross 1.14M USD -7.53%
Operating Lease, Liability, Current 418K USD -24.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 302K USD -39%
Lessee, Operating Lease, Liability, to be Paid, Year One 459K USD -27.2%
Deferred Income Tax Expense (Benefit) 4.61K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 72.9K USD -52.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 223K USD -30.7%
Deferred Tax Assets, Operating Loss Carryforwards 17.1M USD +15.7%
Preferred Stock, Shares Issued 4.92M shares 0%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 63.2K USD -75.1%
Additional Paid in Capital 107M USD +3.29%
Preferred Stock, Shares Outstanding 4.92M shares 0%
Operating Leases, Future Minimum Payments, Due in Two Years 516K USD +70.2%
Amortization of Intangible Assets -578K USD -118%
Depreciation, Depletion and Amortization 864K USD +7.1%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 637K USD +92.9%
Operating Leases, Future Minimum Payments, Due in Three Years 344K USD +90.8%
Operating Leases, Future Minimum Payments Due 1.89M USD +122%
Interest Expense 56 USD -99.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%