Society Pass Incorporated Common Stock (SOPA)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor in the Graham and Buffett mold, I begin with the business, not the story. Society Pass is a collection of fintech and e-commerce platforms across Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia, with segments in online grocery, food delivery, digital marketing, ticketing, telecom resale, and e-commerce. That is a lot of complexity for a $6.0 million market capitalization. In the latest reported quarter, fiscal Q3 2025, revenue was $1.4 million and net income was -$5.1 million, a -370.84% margin. That tells me the operation is not covering its costs, let alone producing owner earnings. Trailing free cash flow is -$18.9 million, and the FairStock calculation of FCF yield is -313.4% against the $6.0 million market cap. A business burning cash at that rate relative to its value is fragile. The FairStock Piotroski F-Score is 2/9 and Altman Z-Score is -4.98, both warning signs. ROE is -153.37% and ROCE is -25.95% on FairStock calculations. The overall FairStock Score is 37/100. The only modest positive is reported D/E of 0.07, but low leverage does not help if cash flow is negative. The P/E and P/B of 0.00 are not meaningful because earnings are negative; at the stated $0.00 close on 2026-08-07, valuation cannot be grounded in profits or book value. Beta is 1.81 and the 52-week range is $0.00 to $4.46, so the shares are volatile. Growth is not bailing this out: the supplied revenue growth and profit growth figures are negative. I see no durable moat—multiple small platforms across many countries usually mean subscale operations. FairStock's Lynch category is none, because there are only 0 years of filed results and 3 are needed. This is speculation, not value.

In plain English: Society Pass buys and runs online shopping, food delivery, digital marketing, ticketing and telecom businesses in several Asian countries and the U.S. The business looks weak: in its latest reported quarter, fiscal Q3 2025, it had $1.4 million of revenue and lost $5.1 million. With no positive earnings and the stated $0.00 close on 2026-08-07, the shares do not look cheap based on the company's numbers; they look risky and unsupported by profits.

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Data as of 2026-08-07 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer