Associated tags: F&B, Fintech, SOPA, SEA, Travel, Ecosystem, Mobile phone, Sopa, Online shopping, Theosophical Society Point Loma - Blavatskyhouse
Locations: NEW YORK, EUROPE, SPAIN, AUSTRALIA, BANDUNG, SWITZERLAND, ISRAEL, USA, EASTERN, CALIFORNIA, NIGERIA, SOUTH AFRICA, VC, BRAZIL, ARGENTINA, AFRICA, LATIN AMERICA, CARSON CITY, NV, US, INDONESIA, PHILIPPINES, SINGAPORE, THAILAND, VIETNAM
Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
Key Points:
- Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
- Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
- InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street.
- We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
Retrieved on:
Wednesday, January 10, 2024
Litchfield Hills forecasts positive EBITDA in 2024 as SOPA shifts from its early growth strategy to a focus on profitability under its new CEO.
Key Points:
- Litchfield Hills forecasts positive EBITDA in 2024 as SOPA shifts from its early growth strategy to a focus on profitability under its new CEO.
- Society Pass Inc. recently executed a transformative structured financing agreement with Strattners, securing access to $40 million in funding.
- "The financing agreement with Strattners positions Society Pass Inc. for substantial expansion, providing avenues for growth and value creation," stated Raynauld Liang, SOPA CEO.
- A Year of Solid Achievements:
Society Pass Inc. achieved numerous milestones over the past year, focusing on technological innovation, customer satisfaction, and shareholder value.
Retrieved on:
Wednesday, December 27, 2023
Online,
SOPA,
Entrepreneurship,
Ecosystem,
Travel,
Gorilla,
GMV,
CFO,
Java,
Research,
Acquisition,
F&B,
Grab,
TMG,
ERG,
Customization,
Java version history,
Sopa,
Advertising,
Goto,
Growth,
Social media,
Uber,
GAAP,
ESIM,
Corporation,
EV,
Video game NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“Litchfield Hills”) has initiated equity research coverage on SOPA.
Key Points:
- NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“Litchfield Hills”) has initiated equity research coverage on SOPA.
- Click Here (on Society Pass website) to view the full Litchfield Hills Equity Research Report.
- Litchfield Hills forecasts positive EBITDA as SOPA shifts from its early growth strategy to a focus on profitability under its new CEO.
- Based on an EV/Revenue multiple of 4.8 times its estimate 2025 revenue estimate of $25.5 million, Litchfield Hills values SOPA at $123 million.
Retrieved on:
Wednesday, December 13, 2023
SOPA,
Music,
Ecosystem,
Collection,
Research,
Social media,
TMG,
Internet,
Premium,
Social commerce,
Sopa,
Advertising,
IPO,
Corporation,
EV Click Here (on Society Pass website) to view the full Greenridge Equity Research Report.
Key Points:
- Click Here (on Society Pass website) to view the full Greenridge Equity Research Report.
- The low median age is significant as this age group are prevalent users of the Internet and social media.
- • Society Pass Ecosystem: TMG is part of the Society Pass ecosystem, which includes a collection of service providers targeting middle to upper class consumers in SEA.
- The platform is based on the Society Pass Loyalty Wallet and enables consumers to earn Society Points for purchases on platform companies.
Retrieved on:
Thursday, December 7, 2023
Click Here (on Society Pass website) or Here (on Ascendiant website) to view the full Ascendiant Equity Research Report.
Key Points:
- Click Here (on Society Pass website) or Here (on Ascendiant website) to view the full Ascendiant Equity Research Report.
- • Valuation: Ascendiant maintains a positive outlook due to SoPa’s high growth prospects and large upside opportunities.
- • 3rd Quarter 2023 Results Shows Improvement Y-O-Y: Revenues reached $2.3 million (+11% y-o-y).
- • Management Change: In October 2023, Raynauld Liang was appointed as the new Chief Executive Officer of the company.
Retrieved on:
Wednesday, November 29, 2023
As the leading travel technology company in Vietnam over the last 11 years, VNTravel offers over 30,000 premium accommodation options and partners with more than 200 global airlines.
Key Points:
- As the leading travel technology company in Vietnam over the last 11 years, VNTravel offers over 30,000 premium accommodation options and partners with more than 200 global airlines.
- VNTravel reaches various customer segments through different sales channels: domestic retail via Mytour.vn , international retail through Dinogo.com , travel agencies via Tripi.vn , and other B2B2C channels.
- Patrick Soetanto, Nusatrip Chief Executive Officer, explains, “NusaTrip focuses on becoming the preferred destination for all travel needs here in SEA.
- In addition, partnering with a prominent fintech company such as SOPA truly elevates VNTravel’s market positioning here in Vietnam.”
Retrieved on:
Friday, November 24, 2023
NEW YORK, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that it has received an extension until 20 May 2024 to regain compliance with NASDAQ Listing Rules.
Key Points:
- NEW YORK, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that it has received an extension until 20 May 2024 to regain compliance with NASDAQ Listing Rules.
- The NASDAQ extension letter was filed in a Form 8-K with the U.S. Securities and Exchange Commission (“SEC”) on 22 November 2023.
- This determination is pursuant to the discretionary authority granted to NASDAQ by the SEC and is subject to compliance with other continued listing requirements.
- Ray Liang, Society Pass Inc CEO, states, "We are pleased with the extension granted by NASDAQ, which provides us with an additional six months to meet the minimum bid price requirement.
Retrieved on:
Wednesday, November 22, 2023
SOPA,
Digital,
Ecosystem,
Yoy,
Travel,
Research,
EV,
Traction,
Social media,
M&A,
Retail Click Here (on Society Pass website) or Here (on Maxim website) to view the full Maxim Equity Research Report.
Key Points:
- Click Here (on Society Pass website) or Here (on Maxim website) to view the full Maxim Equity Research Report.
- • Valuation: 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 SE Asian markets and opportunities to consolidate smaller companies.
- • 3rd Quarter 2023 Results Beat Estimates: 3Q 2023 results showed revenues of $2.3M, up from $2.1M in the prior year quarter and $2.2M in 2Q 2022.
Retrieved on:
Tuesday, November 21, 2023
SOPA,
Ecosystem,
Travel,
Partnership,
Research,
Acquisition,
TMG,
Revenue,
Sopa,
EV,
Pharmaceutical industry Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.
Key Points:
- Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.
- • Valuation: Greenridge Global’s valuation is based on an EV/Revenue multiple of roughly 3 times its 2025 Revenue estimate of $33.32 million, discounted back one year at 20%.
- • 3rd Quarter 2023 Results Inline with Estimates: SoPa reported third quarter results with Revenue of $2.3 million, a 10.6% improvement from the year ago period.
- Given SoPa’s history of acquisitions, a successful integration could ultimately result in an investment or acquisition directly into Junwei.
Retrieved on:
Wednesday, November 15, 2023
• 9 months 2023 gross profit margin grew to 28.1% in 9 months 2023 from 9.8% in 9 months 2022.
Key Points:
- • 9 months 2023 gross profit margin grew to 28.1% in 9 months 2023 from 9.8% in 9 months 2022.
- • 3Q 2023 gross profit margin declined to 24.8% in 3Q 2023 from 26.4% in 2Q 2023.
- • While 3Q 2023 revenues grew 10.7% year on year, 3Q 2023 cash operating expenses declined 54.6% year on year (from $7,426,684 in 3Q 2022 to $3,368,443 in 3Q 2023).
- • While 3Q 2023 revenues grew 3.7% quarter on quarter, 3Q 2023 cash operating expenses increased 15.1% quarter on quarter (from $2,927,505 in 2Q 2023 to $3,368,443 in 3Q 2023).