SOCIETY PASS INC (SOPAQ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 14, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SOPAQ SEC filings page.
SOCIETY PASS INC (SOPAQ) reported $7.1M in revenue for fiscal year 2024, down 13.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
SOCIETY PASS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
SOCIETY PASS INC scores -8.85, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($3K) relative to total liabilities ($23.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
SOCIETY PASS INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
SOCIETY PASS INC reported a net loss of $10.2M while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
SOCIETY PASS INC reported an operating loss of $9.3M against $838 in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SOCIETY PASS INC generated $1.4M in revenue in Q3 2025. This represents a decrease of 17.6% from the same quarter a year earlier. Against the prior quarter it is down 44.8%.
SOCIETY PASS INC's EBITDA was -$5.2M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 366.6% from the same quarter a year earlier. Against the prior quarter it is down 4773.2%.
SOCIETY PASS INC reported -$5.1M in net income in Q3 2025. This represents a decrease of 271.5% from the same quarter a year earlier. Against the prior quarter it is down 1168.7%.
SOCIETY PASS INC earned -$0.89 per diluted share (EPS) in Q3 2025. Against the prior quarter it is down 990.0%.
Cash & Balance Sheet
SOCIETY PASS INC recorded an outflow of $16.7M in free cash flow in Q3 2025, representing a cash shortfall after capex.
SOCIETY PASS INC held $6.6M in cash as of Q3 2025; long-term debt is not reported for that period.
Not reported for Q3 2025.
Margins & Returns
SOCIETY PASS INC's gross margin was 64.3% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is up 42.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.8 percentage points.
SOCIETY PASS INC's ROE was -36.8% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is up 122.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 56.4 percentage points.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
SOCIETY PASS INC invested $13K in research and development in Q3 2025. This represents a decrease of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 2.9%.
SOCIETY PASS INC invested $132 in capex in Q3 2025, funding long-term assets and infrastructure.
Not reported for Q3 2025.
SOPAQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M-17.6% | $2.5M+46.2% | $1.5M-20.2% | $1.9M+7.0% | $1.7M-26.1% | $1.7M-21.8% | $1.8M-6.1% | $1.7M-33.8% |
| Cost of Revenue | $493K-62.4% | $1.1M-12.7% | $3K-83.4% | -$2.5M+17.6% | $1.3M-23.2% | $1.2M-22.6% | $19K-91.9% | -$3.1M-531.4% |
| Gross Profit | $887K+142.7% | $1.4M+204.3% | $466K-5.5% | $540K-16.1% | $366K-35.0% | $464K-19.6% | $493K-28.2% | $644K-4.4% |
| R&D Expenses | $13K-4.0% | $13K-2.6% | $13K-4.1% | $14K-1.4% | $14K+7.8% | $14K-9.0% | $14K-3.0% | $14K-15.3% |
| SG&A Expenses | $6.0M+303.3% | $1.5M-39.4% | $2.3M-29.9% | $3.6M-34.3% | $1.5M-66.6% | $2.5M-36.5% | $3.2M-45.9% | $5.5M-26.5% |
| Operating Income | -$5.2M-346.5% | -$153K+92.9% | -$1.9M+35.5% | -$3.1M+37.4% | -$1.2M+71.6% | -$2.2M+36.9% | -$2.9M+46.9% | -$5.0M+49.7% |
| EBITDA | -$5.2M-366.6% | -$107K+94.9% | -$1.7M+37.0% | -$2.7M+51.2% | -$1.1M+71.9% | -$2.1M+17.6% | -$2.7M+40.6% | -$5.6M+37.7% |
| Interest Expense | $833-97.9% | $171-40.0% | $149-13.9% | -$40K-5667.8% | $40K+14456.1% | $285-5.0% | $173-50.9% | -$695-107.4% |
| Income Tax | $67K+28.5% | $735-81.1% | $570-48.6% | $24K+3.7% | $52K+6844.8% | $4K+268.5% | $1K+80.8% | $23K+2777.0% |
| Net Income | -$5.1M-271.5% | $479K+124.7% | -$1.8M+35.2% | -$4.1M+28.1% | -$1.4M+64.3% | -$1.9M+41.5% | -$2.8M+46.4% | -$5.7M+41.3% |
| EPS (Basic) | -$0.84-75.0% | $0.09+112.3% | -$0.44+63.6% | -$1.20+55.4% | -$0.48+76.4% | -$0.73+58.8% | -$1.21+59.7% | -$2.69-627.0% |
| EPS (Diluted) | -$0.89 | $0.10 | -$0.44 | -$1.20 | -$0.48 | -$0.73 | -$1.21+59.7% | -$2.69 |
| Diluted Shares (Avg) | 6M | 5M | 4M | N/A | 3M | 3M | 2M+29.7% | N/A |
SOPAQ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $32.9M+93.9% | $29.2M+124.2% | $22.9M+72.6% | $21.3M+30.0% | $17.0M-18.1% | $13.0M-45.7% | $13.3M-49.1% | $16.4M-50.0% |
| Current Assets | $26.6M+171.4% | $22.6M+304.4% | $16.2M+191.5% | $14.5M+82.1% | $9.8M-18.6% | $5.6M-61.7% | $5.5M-67.1% | $7.9M-65.4% |
| Cash & Equivalents | $6.6M+55.3% | $8.2M+885.5% | $7.1M+338.0% | $7.6M+110.3% | $4.2M-48.7% | $834K-92.3% | $1.6M-88.2% | $3.6M-80.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $82K-72.1% | $128K-56.4% | $163K-57.0% | $158K-63.4% | $294K-64.9% | $293K+46.4% | $380K+65.8% | $431K+38.8% |
| Accounts Receivable | $1.3M+75.0% | $1.1M+37.1% | $859K-35.8% | $1.1M-17.0% | $764K-41.1% | $776K-37.6% | $1.3M+55.9% | $1.3M+40.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $82K-7.2% | $82K-7.2% | $82K-7.2% | $82K-7.2% | $88K-60.5% | $88K-50.1% | $88K | $88K |
| Total Liabilities | $19.6M+19.3% | $26.9M+147.1% | $23.8M+137.2% | $23.7M+109.0% | $16.4M+52.3% | $10.9M-3.2% | $10.0M-0.3% | $11.3M-10.7% |
| Current Liabilities | $19.0M+18.9% | $26.5M+156.0% | $23.3M+148.6% | $23.2M+123.0% | $15.9M+61.6% | $10.3M+1.5% | $9.4M+0.3% | $10.4M-10.3% |
| Non-Current Liabilities | $644K+31.5% | $447K-19.7% | $491K-25.1% | $462K-49.6% | $489K-46.9% | $556K-47.8% | $655K-93.8% | $917K-92.8% |
| Total Equity | $13.9M+1512.7% | $2.4M+2.6% | -$663K-118.8% | -$2.1M-140.3% | $863K-91.7% | $2.4M-81.8% | $3.5M-78.0% | $5.3M-73.9% |
| Retained Earnings | -$116.6M-9.9% | -$111.5M-6.5% | -$112.0M-9.0% | -$110.2M-11.0% | -$106.1M-13.3% | -$104.7M-16.7% | -$102.7M-18.8% | -$99.3M-22.3% |
Not reported in any period shown, so not listed: Long-Term Debt.
SOPAQ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$16.7M-916.3% | -$1.8M-104.9% | -$4.0M-70.8% | $3.7M+189.3% | $2.0M+169.9% | -$865K+69.9% | -$2.4M+41.2% | -$4.1M-14.5% |
| Depreciation & Amortization | $48K-20.4% | $46K-23.3% | $149K-9.7% | $158K-5.9% | $61K-66.8% | $60K-93.1% | $165K-80.9% | $168K-80.4% |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | N/A | $330K-82.5% | N/A |
| Capital Expenditures | -$132 | N/A | N/A | $20K-40.7% | N/A | N/A | N/A | $34K-70.9% |
| Free Cash Flow | -$16.7M | N/A | N/A | $3.6M+188.1% | N/A | N/A | N/A | -$4.1M-11.8% |
| Investing Cash Flow | $132 | N/A | N/A | -$20K+54.2% | N/A | N/A | N/A | -$44K+62.3% |
| Financing Cash Flow | $15.2M+939.7% | $3.0M+798.7% | $3.4M+33561.2% | -$310K-129.6% | $1.5M+14713.2% | $336K+440.9% | -$10K+98.1% | -$135K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $487K-10.1% | $145K |
Not reported in any period shown, so not listed: Dividends Paid.
SOPAQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.3%+42.5pp | 56.5%+29.3pp | 31.6%+4.9pp | 28.9%-8.0pp | 21.8%-3.0pp | 27.1%+0.7pp | 26.7%-8.2pp | 36.8%+11.3pp |
| Operating Margin | -379.9% | -6.1% | -126.6% | -165.6% | -70.1% | -126.0% | -156.5% | -283.1% |
| Net Margin | -370.8% | 19.1% | -125.0% | -217.5% | -82.2% | -113.3% | -153.8% | -323.7% |
| Return on Equity | -36.8%+122.9pp | 19.6%+100.8pp | N/A | N/A | -159.7%-122.5pp | -81.2%-56.0pp | -80.7%-47.7pp | -106.7%-59.3pp |
| Return on Assets | -15.5%-7.4pp | 1.6%+16.5pp | -8.0%+13.4pp | -19.1%+15.5pp | -8.1%+10.5pp | -14.9%-1.1pp | -21.4%-1.1pp | -34.6%-5.1pp |
| Current Ratio | 1.40+0.8x | 0.85+0.3x | 0.69+0.1x | 0.62-0.1x | 0.62-0.6x | 0.54-0.9x | 0.59-1.2x | 0.76-1.2x |
| Debt-to-Equity | 1.41-17.6x | 11.00+6.4x | N/A | N/A | 19.05+18.0x | 4.57+3.7x | 2.85+2.2x | 2.14+1.5x |
| Asset Turnover | 0.04-0.1x | 0.090.0x | 0.06-0.1x | 0.090.0x | 0.100.0x | 0.130.0x | 0.14+0.1x | 0.110.0x |
| FCF Margin | -1211.0% | N/A | N/A | 194.0% | N/A | N/A | N/A | -235.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$2.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.62), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where SOCIETY PASS INC Ranks
Frequently Asked Questions
What is SOCIETY PASS INC's annual revenue?
SOCIETY PASS INC (SOPAQ) reported $7.1M in total revenue for fiscal year 2024. This represents a -13.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is SOCIETY PASS INC's revenue growing?
SOCIETY PASS INC (SOPAQ) revenue declined by 13.0% year-over-year, from $8.2M to $7.1M in fiscal year 2024.
Is SOCIETY PASS INC profitable?
No, SOCIETY PASS INC (SOPAQ) reported a net income of -$10.2M in fiscal year 2024.
What is SOCIETY PASS INC's EBITDA?
SOCIETY PASS INC (SOPAQ) had EBITDA of -$8.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is SOCIETY PASS INC's gross margin?
SOCIETY PASS INC (SOPAQ) had a gross margin of 26.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is SOCIETY PASS INC's free cash flow?
SOCIETY PASS INC (SOPAQ) generated $2.4M in free cash flow during fiscal year 2024. This represents a 117.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is SOCIETY PASS INC's operating cash flow?
SOCIETY PASS INC (SOPAQ) generated $2.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are SOCIETY PASS INC's total assets?
SOCIETY PASS INC (SOPAQ) had $21.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are SOCIETY PASS INC's capital expenditures?
SOCIETY PASS INC (SOPAQ) invested $30K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does SOCIETY PASS INC spend on research and development?
SOCIETY PASS INC (SOPAQ) invested $55K in research and development during fiscal year 2024.
What is SOCIETY PASS INC's current ratio?
SOCIETY PASS INC (SOPAQ) had a current ratio of 0.62 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is SOCIETY PASS INC's return on assets (ROA)?
SOCIETY PASS INC (SOPAQ) had a return on assets of -48.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is SOCIETY PASS INC's P/E ratio?
SOCIETY PASS INC (SOPAQ) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to September 30, 2025). The market capitalization is $3K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is SOCIETY PASS INC's price-to-sales ratio?
SOCIETY PASS INC (SOPAQ) trades at 0.0x sales, its market capitalization divided by revenue of $7.2M revenue, trailing 12 months to September 30, 2025. The market capitalization is $3K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is SOCIETY PASS INC's debt-to-equity ratio negative or not reported?
SOCIETY PASS INC (SOPAQ) has negative shareholder equity of -$2.1M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is SOCIETY PASS INC's Altman Z-Score?
SOCIETY PASS INC (SOPAQ) has an Altman Z-Score of -8.85, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is SOCIETY PASS INC's Piotroski F-Score?
SOCIETY PASS INC (SOPAQ) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SOCIETY PASS INC's earnings high quality?
SOCIETY PASS INC (SOPAQ) reported a net loss of $10.2M while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SOCIETY PASS INC cover its interest payments?
SOCIETY PASS INC (SOPAQ) reported an operating loss of $9.3M against $838 in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.