---
schema_version: "secwatch.filing_event.v1"
accession: "0001607062-23-000160"
form_type: "8-K"
ticker: "SOPA"
cik: "0001817511"
company_name: "SOCIETY PASS INCORPORATED."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:51:49.962222+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Society Pass Q4 revenue up 530% YoY; forecasts profitability in 2H 2023

## Summary
- Q4 2022 revenue $2.64M, up 530% YoY; full year revenue $5.64M, up 984% YoY.
- Gross margin improved to 25.5% in Q4 2022 from -6.5% in Q4 2021; full year margin 17.2%.
- Cash operating expenses grew only 128% YoY in Q4 vs 530% revenue growth; management forecasts profitability in 2H 2023 (a year earlier than prior guidance).
- Cash on hand $18.9M; book value $20.3M as of Dec 31, 2022; completed 7 acquisitions in 2022.
- SoPa ecosystem has ~3.3M registered consumers and ~205K merchants; operates in 5 SEA countries.

## SEC filing metadata
- accession: 0001607062-23-000160
- form_type: 8-K
- ticker: SOPA
- cik: 0001817511
- company_name: SOCIETY PASS INCORPORATED.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817511/000160706223000160/0001607062-23-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817511/000160706223000160/sopa032923form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607062-23-000160
- JSON: https://secwatch.observer/filing/0001607062-23-000160.json
- Plain text: https://secwatch.observer/filing/0001607062-23-000160.txt

## Key facts
- Earnings Releases
  SOCIETY PASS INCORPORATED. reported financial results for the fourth fiscal quarter and fiscal year ended December 31, 2022.
  - Period: the fourth fiscal quarter and fiscal year ended December 31, 2022
  - Result: reported results
  source text: On March 23, 2023, Society Pass Incorporated issued a press release announcing its financial results for the fourth fiscal quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817511/000160706223000160/0001607062-23-000160-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.