Maxim: Society Pass (Nasdaq: SOPA) – Compelling Valuation; Positive on Organic Growth & M&A; Raises Revenue Targets for 2023 and 2024
Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report.
- Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report.
- Specifically, Maxim believes Thoughtful Media can market the company's other brands and the lifestyle business can be expanded geographically.
- SOPA trades at an EV/revenue multiple of 0.1x Maxim’s 2024 revenue estimate vs. the peer average of 2.4x.
- Maxim’s positive outlook is supported by the attractive SEA markets and opportunities to consolidate smaller companies.