SOCIETY PASS INCORPORATED. (SOPA) Financial Ratio Screen

NASDAQ Communication Services Singapore USD 7M
RATIOS FAIL*
Automated financial screen · activity assessed separately
SOCIETY PASS INCORPORATED. (SOPA) is potentially non-compliant in the automated ratio model. While the debt ratio of 4.1% is acceptable, the cash and interest-bearing securities ratio of 35.9% exceeds the 30% threshold. SOCIETY PASS INCORPORATED. operates in the Communication Services sector.

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MSCI new-inclusion financial-ratio snapshot

SOPA financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
4.1%
Pass vs 30%
Cash ratio
35.9%
Fail vs 30%
Receivables + cash
51.1%
Fail vs 30%
Impermissible income
0.2%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Advertising Agencies) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia. It operates through Online Grocery and Food and Groceries Deliveries; Digital Marketing; Online Ticketing and Reservation; Telecommunications Reseller; and e-Commerce 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 an online grocery delivery under the Pushkart brand name. It also sells hardware and software for a point of sales application; local mobile phone and global internet data plans under the Gorilla brand name; 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, event organizing, and insurance services. The company collaborates with NusaTrip Incorporated to develops technology solutions aimed at enhancing travel distribution processes for travel wholesalers, agencies, and B2B platforms. 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.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 4.1%
/ 30%
35.9%
/ 30%
51.1%
/ 30%
0.19%
/ 5%
RATIOS FAIL*
FTSE 4.1%
/ 33%
35.9%
/ 33%
51.1%
/ 50%
0.19%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-2.50
P/B Ratio
0.2
EV/EBITDA
1.2
EV: -$11M
Revenue
$7M
Growth: -17.6%
Beta
1.9
High volatility
Current Ratio
1.4

Profitability

Gross Margin 45.7%
Operating Margin -379.9%
Net Margin -146.0%
Return on Equity (ROE) -153.4%
Return on Assets (ROA) -25.9%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$2M
Total Debt$866,416
Debt-to-Equity7.2
Current Ratio1.4
Total Assets$21M

Price & Trading

Last Close$0.56
50-Day MA$1.18
200-Day MA$1.57
Avg Volume5.8M
Beta1.9
52-Week Range
$0.50
$6.28

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About SOCIETY PASS INCORPORATED. (SOPA)

CEO
Mr. Wee Leong Liang
Sector
Communication Services
Industry
Advertising Agencies
Country
Singapore
Exchange
NASDAQ
Market Cap (listing currency)
USD 7M
Currency
USD

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia. It operates through Online Grocery and Food and Groceries Deliveries; Digital Marketing; Online Ticketing and Reservation; Telecommunications Reseller; and e-Commerce 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 an online grocery delivery under the Pushkart brand name. It also sells hardware and software for a point of sales application; local mobile phone and global internet data plans under the Gorilla brand name; 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, event organizing, and insurance services. The company collaborates with NusaTrip Incorporated to develops technology solutions aimed at enhancing travel distribution processes for travel wholesalers, agencies, and B2B platforms. 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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Frequently Asked Questions

Is SOCIETY PASS INCORPORATED. (SOPA) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is SOCIETY PASS INCORPORATED.'s debt ratio?

SOCIETY PASS INCORPORATED.'s debt ratio is 4.1% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are SOCIETY PASS INCORPORATED.'s key financial metrics?

SOCIETY PASS INCORPORATED. has a market capitalization of USD 7M in its listing currency, and revenue of $7M. The company maintains a gross margin of 45.7% and a net margin of -146.0%. Return on equity stands at -153.4%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.