Society Pass Incorporated

NasdaqCM:SOPA Stock Report

Market Cap: US$3.5m

Society Pass Management

Management criteria checks 1/4

Society Pass' CEO is Raynauld Liang, appointed in Oct 2023, has a tenure of 2.58 years. total yearly compensation is $2.09M, comprised of 43% salary and 57% bonuses, including company stock and options. directly owns 2.06% of the company’s shares, worth $73.08K. The average tenure of the management team and the board of directors is 2.6 years and 1.9 years respectively.

Key information

Raynauld Liang

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage43.01%
CEO tenure2.6yrs
CEO ownership2.1%
Management average tenure2.6yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

Seeking Alpha • Aug 15

Society Pass acquires Indonesian online travel agency

Society Pass (NASDAQ:SOPA) has ventured into the Indonesian market with the acquisition of Jakarta-based online travel agency NusaTrip. Terms of the deal were not disclosed. Established in 2013, NusaTrip is the first Indonesian online travel agency accredited by the International Air Transport Association. It has onboarded +1.2M registered users, +500 airlines and +200,000 hotels around the world to date. Commenting on the deal, Society Pass CEO Dennis Nguyen said, "With this acquisition, SoPa now cross-pollinates and integrates our six verticals (loyalty, lifestyle, food & beverage, telecoms, digital media and travel) into one cohesive loyalty and e-commerce platform to provide enhanced products and services for our consumers and merchants throughout the largest countries of SEA."
Seeking Alpha • Aug 05

Society Pass reports Q2 results

Society Pass press release (NASDAQ:SOPA): Q2 Revenue of $0.45M (+542.9% Y/Y). With cash on hand of $28.0M on 30 June 2022, SoPa is well capitalised for roll out of Society Pass loyalty platform and continuing acquisitions of Southeast Asia companies in lifestyle, food & beverage, digital media, and travel verticals for the rest of 2022. Since inception, SoPa has onboarded 2.1M registered consumers and over 6,700 registered merchants/brands onto its ever-expanding platform.
Seeking Alpha • Jul 11

Society Pass acquires Thailand's Thoughtful Media to expand digital ecosystem

Society Pass (NASDAQ:SOPA) announced Monday that it has acquired Thailand's Thoughtful Media Group in the move to expand its portfolio of technology-enabled companies located in Southeast Asia. Financial details of the transaction were not disclosed. Headquartered in Bangkok, Thoughtful Media Group is a social commerce-focused digital video multi-platform network with global presence across the US, Vietnam, and Philippines. It was founded in 2010 and currently creates and distributes digital advertising campaigns across its multi-platform network in both Southeast Asia and the US. In 2021, the group recorded revenues of $5.8M and has a network of over 85M subscribers with an average monthly viewership of over 600M views. SoPa sees significant cross-marketing and revenue generation synergies between Thoughtful Media and rest of SoPa ecosystem and its loyalty offerings. "Society Pass is excited to complete our first Thailand acquisition and look forward to launching our SoPa loyalty platform to the 65 million consumers in Thailand," said Society Pass Founder, Chairman, and CEO Dennis Nguyen. Earlier: Society Pass jumps 9% on acquisition of Singapore-based Gorilla Networks
Analysis Article • Feb 10

We're Not Very Worried About Society Pass' (NASDAQ:SOPA) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...

CEO Compensation Analysis

How has Raynauld Liang's remuneration changed compared to Society Pass's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-US$11m

Jun 30 2025n/an/a

-US$7m

Mar 31 2025n/an/a

-US$9m

Dec 31 2024US$750kUS$750k

-US$10m

Sep 30 2024n/an/a

-US$12m

Jun 30 2024n/an/a

-US$14m

Mar 31 2024n/an/a

-US$16m

Dec 31 2023US$756kUS$310k

-US$18m

Sep 30 2023n/an/a

-US$22m

Jun 30 2023n/an/a

-US$28m

Mar 31 2023n/an/a

-US$33m

Dec 31 2022US$4mUS$510k

-US$34m

Sep 30 2022n/an/a

-US$43m

Jun 30 2022n/an/a

-US$42m

Mar 31 2022n/an/a

-US$39m

Dec 31 2021US$3mUS$120k

-US$35m

Sep 30 2021n/an/a

-US$17m

Jun 30 2021n/an/a

-US$10m

Mar 31 2021n/an/a

-US$6m

Dec 31 2020US$435kUS$60k

-US$4m

Sep 30 2020n/an/a

-US$6m

Dec 31 2019US$21kn/a

-US$7m

Compensation vs Market: Raynauld's total compensation ($USD2.09M) is above average for companies of similar size in the US market ($USD627.70K).

Compensation vs Earnings: Raynauld's compensation has increased whilst the company is unprofitable.

CEO

Raynauld Liang (51 yo)

2.6yrs
Tenure
US$2,092,754
Compensation

Mr. Wee Leong Liang, also known as Raynauld, is the Founder of Society Pass Incorporated. He serves as CEO of Society Pass Incorporated since October 05, 2023 and served as Chairman since October 05, 2023....

Leadership Team

NamePositionTenureCompensationOwnership
Wee Leong Liang
Founder2.6yrsUS$2.09m2.06%
$ 73.1k
Yee Siong Tan
Chief Financial Officer2.6yrsUS$322.17k0.037%
$ 1.3k
Vincent Albert Puccio
Secretary & Independent Director2yrsUS$75.00k0.046%
$ 1.6k
Cham Thi Ngo
Head of Leflair Business Unit & Vietnam Country GMno datano datano data
2.6yrs
Average Tenure
51yo
Average Age

Experienced Management: SOPA's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vincent Albert Puccio
Secretary & Independent Director1.9yrsUS$75.00k0.046%
$ 1.6k
Trevor Cheung
Member of Advisory Boardno datano datano data
Travis Alexander Washko
Independent Chairman of the Board1.9yrsUS$75.00k0.065%
$ 2.3k
Todd Beutler
Member of Advisory Boardno datano datano data
Drew Thompson
Member of Advisory Boardno datano datano data
Philip Baillieu
Member of Advisory Boardno datano datano data
Nobukatsu Kanehara
Member of Advisory Boardno datano datano data
Cyrus Morton
Member of Advisory Boardno datano datano data
Stephen Peepels
Member of Advisory Boardno datano datano data
Vinh Pham
Member of Advisory Boardno datano datano data
Michael Dunn
Independent Director1.9yrsUS$75.00k0.058%
$ 2.1k
Mark Carrington
Independent Director1.9yrsUS$75.00k0.067%
$ 2.4k
1.9yrs
Average Tenure
54yo
Average Age

Experienced Board: SOPA's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 02:56
End of Day Share Price 2026/05/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Society Pass Incorporated is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward WooAscendiant Capital Markets LLC
William GregozeskiGreenridge Global LLC
Barry SineLitchfield Hills Research, LLC