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Society Pass (Society Pass) Operating Income : $-15.40 Mil (TTM As of Mar. 2024)


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What is Society Pass Operating Income?

Society Pass's Operating Income for the three months ended in Mar. 2024 was $-2.89 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.40 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Society Pass's Operating Income for the three months ended in Mar. 2024 was $-2.89 Mil. Society Pass's Revenue for the three months ended in Mar. 2024 was $1.85 Mil. Therefore, Society Pass's Operating Margin % for the quarter that ended in Mar. 2024 was -156.58%.

Society Pass's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Society Pass's annualized ROC % for the quarter that ended in Mar. 2024 was -112.45%. Society Pass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -599.21%.


Society Pass Operating Income Historical Data

The historical data trend for Society Pass's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Society Pass Operating Income Chart

Society Pass Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
-4.49 -3.73 -34.01 -30.66 -17.96

Society Pass Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.45 -3.42 -4.14 -4.95 -2.89

Society Pass Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.40 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Society Pass  (NAS:SOPA) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Society Pass's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-11.568 * ( 1 - -0.04% )/( (10.586 + 9.996)/ 2 )
=-11.5726272/10.291
=-112.45 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Society Pass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.352/( ( (2.095 + max(-6.275, 0)) + (1.694 + max(-5.686, 0)) )/ 2 )
=-11.352/( ( 2.095 + 1.694 )/ 2 )
=-11.352/1.8945
=-599.21 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.338 + 0.431 + 1.857) - (8.164 + 1.737 + 1.7763568394003E-15)
=-6.275

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.338 + 0.38 + 1.51) - (7.114 + 1.799 + 0.00099999999999945)
=-5.686

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Society Pass's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-2.892/1.847
=-156.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Society Pass Operating Income Related Terms

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Society Pass (Society Pass) Business Description

Traded in Other Exchanges
N/A
Address
701 South Carson Street, Suite 200, Carson, NV, USA, 89701
Society Pass Inc is building an ecosystem of platforms and technology-enabled companies that synergistically work together in transforming 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 Groceries 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.
Executives
Nguyen Dennis Luan Thuc director, officer: Chief Executive Officer 2740 WEST LAKE OF THE ISLES PARKWAY, MINNEAPOLIS MN 55416
Jeremy Miller director 701 S CARSON STREET, SUITE 200, CARSON CITY NV 89701
Bien Kiat Tan director 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Hien Yuki Phan officer: Manager, Marketing 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Liang Raynauld Wee Leong officer: CFO/Singapore Country Gen Mgr 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Cham Thi Ngo officer: Chief Accountant/Head of Admin P603 INTRACOM BLDG., 66 TRUNG VAN, NAM TU LIEM DISTRICT, HANOI Q1 10000
Shashi Kant Mishra officer: Manager, IT Security/Analytics B 611/612, NOIDAONE, B-BLOCK, SECTOR 63, NOIDA, NOIDA K7 201301
John Sebastian Mackay director 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Linda Susan Cutler director 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Yee Siong Tan officer: Financial Controller 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Pamela Aw-young officer: COO 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Gautier Loic Erwan Kevin officer: Chief Marketing Officer 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701
Brun Pierre Antoine Frank Jacques officer: Chief Technology Officer 701 S. CARSON STREET, SUITE 200, CARSON CITY NV 89701

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