Society Pass Incorporated reported its financial results for the third quarter and nine months ended September 30, 2025, revealing a total revenue of $1.38 million for the quarter, a decrease from $1.68 million in the same period last year. For the nine-month period, revenue increased slightly to $5.36 million compared to $5.23 million in 2024. The company experienced a net loss of $5.28 million for the third quarter, significantly higher than the $1.38 million loss reported in the same quarter of the previous year. The nine-month net loss also widened to $6.57 million from $6.16 million year-over-year.
The financial performance reflects a notable shift in revenue sources, with digital marketing revenues declining from $4.54 million to $4.05 million for the nine-month period, attributed to a drop in viewer revenue and awarded premium contracts. Conversely, the online ticketing and reservation segment saw growth, with revenues rising from $650,480 to $1.29 million, driven by partnerships with more vendors. The company’s gross income for the third quarter was $887,340, up from $365,646 in the prior year, indicating improved margins primarily from the digital marketing and online ticketing segments.
In terms of operational metrics, Society Pass reported a significant increase in its customer base, with 6.1 million shares of common stock outstanding as of September 30, 2025, compared to 3.7 million shares at the end of 2024. The company also noted a substantial rise in deposits, prepayments, and other receivables, which totaled $18.53 million, up from $5.19 million at the end of the previous year. This increase reflects the company's ongoing investments in its digital ecosystem and marketing initiatives.
Strategically, Society Pass has continued to expand its operations through acquisitions, enhancing its digital marketing and e-commerce capabilities across Southeast Asia. The company has made several acquisitions since 2022, including online grocery and food delivery platforms, digital marketing services, and travel agencies, which have contributed to its growth strategy. However, the company has also faced challenges, including the discontinuation of certain operations in the online food and grocery delivery segments, as part of a broader restructuring effort to focus on more profitable areas.
Looking ahead, Society Pass remains optimistic about its growth trajectory, emphasizing its commitment to enhancing its digital marketing and online ticketing services. The company plans to continue leveraging its existing platforms to maximize sales volume and margins while maintaining a focus on cost control. Despite the current losses, management believes that the ongoing investments and strategic initiatives will position the company for future profitability and market share growth in the competitive Southeast Asian digital landscape.
About SOCIETY PASS INCORPORATED.
Society Pass Inc. operates a digital ecosystem in Southeast Asia, integrating loyalty, e-commerce, travel, digital media, and telecommunications. Through acquisitions and strategic partnerships, it offers platforms for consumer loyalty, online shopping, travel booking, digital marketing, and mobile services. The company leverages data-driven insights to enhance customer engagement, merchant services, and regional expansion in a rapidly growing internet economy.
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