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Upturn AI SWOT - About
Society Pass Inc (SOPA)
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Upturn Advisory Summary
04/01/2025: SOPA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -59.01% | Avg. Invested days 15 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 3.46M USD | Price to earnings Ratio - | 1Y Target Price 16 |
Price to earnings Ratio - | 1Y Target Price 16 | ||
Volume (30-day avg) 321513 | Beta 1.33 | 52 Weeks Range 0.73 - 6.75 | Updated Date 04/1/2025 |
52 Weeks Range 0.73 - 6.75 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -5 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -171.12% | Operating Margin (TTM) -70.09% |
Management Effectiveness
Return on Assets (TTM) -37.03% | Return on Equity (TTM) -221.77% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 428021 | Price to Sales(TTM) 0.5 |
Enterprise Value 428021 | Price to Sales(TTM) 0.5 | ||
Enterprise Value to Revenue 0.06 | Enterprise Value to EBITDA -0.09 | Shares Outstanding 3645690 | Shares Floating 3024244 |
Shares Outstanding 3645690 | Shares Floating 3024244 | ||
Percent Insiders 13.58 | Percent Institutions 2.5 |
Analyst Ratings
Rating 5 | Target Price 16 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Society Pass Inc
Company Overview
History and Background
Society Pass Inc (SOPA) was founded in 2018. It's a Southeast Asian e-commerce ecosystem focused on acquiring and operating e-commerce and lifestyle businesses. Initially focused on Vietnam, it has expanded throughout Southeast Asia.
Core Business Areas
- Lifestyle & Entertainment: Operates online platforms for user rewards, mobile ordering and delivery, travel, and lifestyle services.
- Food & Beverage: Operates online F&B e-commerce businesses.
- Digital Advertising: Provides digital advertising and marketing solutions for businesses.
Leadership and Structure
Dennis Nguyen is the Founder, Chairman, and CEO. The company operates with a functional structure with various department heads reporting to the CEO.
Top Products and Market Share
Key Offerings
- Handycart: Handycart is Society Passu2019s online grocery platform. Market share information is not readily available. Key competitors include GrabMart, GoMart, and other regional online grocery services.Revenue is not public
- Pushkart.ph: Pushkart.ph is an online grocery platform in the Philippines acquired by Society Pass. Market share data is unavailable. Competitors are similar to Handycart, including local Philippine grocery apps. Revenue is not public.
- DAT Lifestyle: DAT Lifestyle is a premium lifestyle and travel service provider in Vietnam. Market Share is unavailable. Competitors in the region include Luxury Escapes and other luxury travel platforms. Revenue is not public.
Market Dynamics
Industry Overview
The Southeast Asian e-commerce market is experiencing rapid growth, driven by increasing internet penetration, smartphone adoption, and a growing middle class. The industry is highly competitive, with many players vying for market share.
Positioning
Society Pass is positioned as a diversified e-commerce ecosystem targeting Southeast Asian consumers. Its competitive advantage lies in its focus on lifestyle and loyalty rewards and its acquisitions of businesses with existing user bases.
Total Addressable Market (TAM)
The Southeast Asian e-commerce TAM is estimated to reach hundreds of billions of dollars. Society Pass is positioning itself to capture a portion of this market through its acquisitions and expansion efforts.
Upturn SWOT Analysis
Strengths
- Diversified e-commerce ecosystem
- Focus on Southeast Asia
- Acquisition strategy
- Loyalty rewards program
Weaknesses
- Limited brand recognition
- Reliance on acquisitions for growth
- High competition
- Negative earnings history and financial instability
Opportunities
- Expansion into new Southeast Asian markets
- Partnerships with local businesses
- Growing e-commerce adoption in the region
- Integration of acquired businesses
Threats
- Intense competition from established players
- Economic slowdown in Southeast Asia
- Regulatory changes
- Currency fluctuations
Competitors and Market Share
Key Competitors
- GOGL
- PDD
- JD
- BABA
- MELI
- AMZN
- SHOP
Competitive Landscape
Society Pass faces intense competition from larger, well-established e-commerce players. Its smaller size and limited resources make it difficult to compete effectively.
Major Acquisitions
Handycart
- Year: 2021
- Acquisition Price (USD millions): 2.8
- Strategic Rationale: Expand e-commerce offerings in Vietnam.
Pushkart.ph
- Year: 2021
- Acquisition Price (USD millions): 2.3
- Strategic Rationale: Expand e-commerce offerings in the Philippines.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven primarily by acquisitions. Organic growth has been limited.
Future Projections: Future projections are highly uncertain given the company's financial struggles and competitive landscape. Analyst estimates are not widely available.
Recent Initiatives: Recent initiatives include focusing on improving profitability and integrating acquired businesses.
Summary
Society Pass Inc. is a small player in a highly competitive Southeast Asian e-commerce market, focusing on acquisitions for growth. Its financial stability is questionable with consistent losses and low cash levels. While expansion opportunities exist, it faces intense competition. The company needs to improve its financial health and organic growth to become a viable competitor.
Similar Companies
- GOGL
- PDD
- JD
- BABA
- MELI
- AMZN
- SHOP
Sources and Disclaimers
Data Sources:
- Company filings
- Press releases
- Industry reports
- Third Party Analyst reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share data are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Society Pass Inc
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-11-09 | Group CEO & Singapore Country General Manager Mr. Wee Leong Liang | ||
Sector Technology | Industry Software - Application | Full time employees - | Website https://thesocietypass.com |
Full time employees - | Website https://thesocietypass.com | ||
Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, Philippines, Singapore, the United States, Thailand, Malaysia, and Hong Kong. It operates through Online Grocery and Food and Groceries Deliveries, Digital Marketing, Online Ticketing and Reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments. The company operates Leflair, an online lifestyle platform that offers services and products, such as fashion and accessories, beauty and personal care, and home and lifestyle; an online food delivery service under the Handycart and Mangan brand name; and Pushkart, an online grocery delivery service. It also sells hardware and software for a point of sales application to merchants; local mobile phone and global internet data plans; and domestic and overseas air ticket, and global hotel reservations, as well as offers digital marketing services. In addition, the company provides IP licensing, computer sciences consultancy and data analytics, software production, and event organizing services. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.
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