Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 30 Gondoliers Bluff NEWPORT COAST CA 92657 |
Tel: | N/A |
Website: | https://thesocietypass.com |
IR: | See website |
Key People | ||
Raynauld Liang Chief Executive Officer | Bien Kiat Tan Vice Chairman of the Board | Yee Siong Tan Chief Financial Officer |
Patrick Soetanto Chief Operating Officer | Kar How Ng Group Chief Technology Officer | Rokas Sidlauskas Group Chief Marketing Officer |
Business Overview |
Society Pass Incorporated is a data-driven, loyalty, fintech and e-commerce ecosystem company. Its segments include Online grocery and food deliveries, Digital marketing, Online ticketing and reservation, Telecommunications reseller, e-Commerce, and Merchant point of sale (POS). Online Grocery and food deliveries segment operate an online food delivery service under the Handycart brand name and an online grocery delivery under the Pushkart brand name. Digital marketing segment operates the digital marketing business with creator and digital marketing platform. Online ticketing and reservation segment operates the sale of domestic and overseas air ticket and hotel reservations. Telecommunications reseller segment offers sales of local mobile phone plans and Internet data provider plans. Its e-Commerce operates an online lifestyle platform under the brand name of Leflair. Its Merchant POS segment is involved in the sale of hardware and software to merchants. |
Financial Overview |
For the fiscal year ended 31 December 2023, Society Pass Inc revenues increased 45% to $8.2M. Net loss decreased 46% to $18.1M. Revenues reflect Digital Marketing segment increase from $2.6M to $5.4M, Online Ticketing and reservation segment increase from $725K to $2.3M, Telecommunication Reseller segment increase of 1% to $24K, United States segment increase of 70% to $3.9M, Thailand (Country) segment increase from $225K to $1.1M. |