share_log

Society Pass | 10-Q: Q3 2024 Earnings Report

Society Pass | 10-Q: Q3 2024 Earnings Report

Society Pass | 10-Q：2024财年三季报
美股SEC公告 ·  2024/11/15 06:29

Moomoo AI 已提取核心信息

Society Pass reported Q3 2024 revenue of $1.68 million, down 26% year-over-year from $2.27 million. Net loss narrowed to $1.38 million from $3.92 million in Q3 2023. Gross profit declined to $366,000 from $563,000 last year, with gross margin decreasing to 22% from 28%.The company saw decreased revenue across its business segments, including digital marketing and online ticketing. Operating expenses were reduced significantly to $1.54 million from $4.71 million in Q3 2023, primarily due to cost control measures. Cash and cash equivalents stood at $4.22 million as of September 30, 2024.CEO Raynauld Liang stated the company is focused on growing revenue while controlling costs. Society Pass continues to expand its e-commerce ecosystem in Southeast Asia through acquisitions, recently adding digital marketing and travel businesses in Indonesia and Vietnam. Management believes it has sufficient liquidity to fund operations for at least the next 12 months.
Society Pass reported Q3 2024 revenue of $1.68 million, down 26% year-over-year from $2.27 million. Net loss narrowed to $1.38 million from $3.92 million in Q3 2023. Gross profit declined to $366,000 from $563,000 last year, with gross margin decreasing to 22% from 28%.The company saw decreased revenue across its business segments, including digital marketing and online ticketing. Operating expenses were reduced significantly to $1.54 million from $4.71 million in Q3 2023, primarily due to cost control measures. Cash and cash equivalents stood at $4.22 million as of September 30, 2024.CEO Raynauld Liang stated the company is focused on growing revenue while controlling costs. Society Pass continues to expand its e-commerce ecosystem in Southeast Asia through acquisitions, recently adding digital marketing and travel businesses in Indonesia and Vietnam. Management believes it has sufficient liquidity to fund operations for at least the next 12 months.
Society Pass报告2024年第三季度营业收入为168万，比去年同期的227万下降了26%。净亏损从2023年第三季度的392万缩减至138万。毛利润从去年的563,000下降至366,000，毛利率从28%降至22%。公司在其业务部门，包括数字营销和在线票务的营业收入都有所下降。营业费用大幅减少至154万，较2023年第三季度的471万显著下降，主要由于成本控制措施。截止至2024年9月30日，现金及现金等价物为422万。CEO Raynauld Liang表示公司专注于增长营业收入，同时控制成本。Society Pass继续通过收购在东南亚扩展其电子商务生态系统，最近在印尼和越南新增了数字营销和旅游业务。管理层认为，公司拥有足够的流动性以资助至少未来12个月的运营。
Society Pass报告2024年第三季度营业收入为168万，比去年同期的227万下降了26%。净亏损从2023年第三季度的392万缩减至138万。毛利润从去年的563,000下降至366,000，毛利率从28%降至22%。公司在其业务部门，包括数字营销和在线票务的营业收入都有所下降。营业费用大幅减少至154万，较2023年第三季度的471万显著下降，主要由于成本控制措施。截止至2024年9月30日，现金及现金等价物为422万。CEO Raynauld Liang表示公司专注于增长营业收入，同时控制成本。Society Pass继续通过收购在东南亚扩展其电子商务生态系统，最近在印尼和越南新增了数字营销和旅游业务。管理层认为，公司拥有足够的流动性以资助至少未来12个月的运营。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

独立文件3  查看翻译

独立文件4  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    热议
    美股
    股票代码最新价涨跌幅

    暂无数据

    资讯热榜
    更新时间