Society PassSOPA
About: Society Pass Inc is building an ecosystem of platforms and technology-enabled companies that synergistically work together to transform how consumers and merchants interact with one another in Southeast Asia and South Asia. Through the acquisition of companies and partnerships with visionary entrepreneurs, the company meets the growing demand for better services in sectors such as lifestyle, beauty, travel, and food and beverage. The company currently operates in Six reportable operating segments: Online Grocery and Food and grocery deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-commerce, and Merchant Point of Sale (merchant POS). The company generates the majority of its revenue from the Digital marketing segment.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more capital invested
Capital invested by funds: $68.1K [Q2] → $108K (+$40.2K) [Q3]
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
20% more funds holding
Funds holding: 10 [Q2] → 12 (+2) [Q3]
1.8% more ownership
Funds ownership: 1.94% [Q2] → 3.74% (+1.8%) [Q3]
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Ascendiant Capital Edward Woo 46% 1-year accuracy 26 / 57 met price target | 1,884%upside $19 | Buy Maintained | 3 Sept 2024 |