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Side-by-side financial comparison of Pineapple Financial Inc. (PAPL) and SOCIETY PASS INCORPORATED. (SOPA). Click either name above to swap in a different company.

SOCIETY PASS INCORPORATED. is the larger business by last-quarter revenue ($1.4M vs $707.3K, roughly 2.0× Pineapple Financial Inc.). SOCIETY PASS INCORPORATED. runs the higher net margin — -370.8% vs -2756.2%, a 2385.4% gap on every dollar of revenue. On growth, Pineapple Financial Inc. posted the faster year-over-year revenue change (-4.8% vs -17.6%). Pineapple Financial Inc. produced more free cash flow last quarter ($-3.3M vs $-16.7M). Over the past eight quarters, Pineapple Financial Inc.'s revenue compounded faster (-2.0% CAGR vs -11.2%).

PAPL vs SOPA — Head-to-Head

Bigger by revenue
SOPA
SOPA
2.0× larger
SOPA
$1.4M
$707.3K
PAPL
Growing faster (revenue YoY)
PAPL
PAPL
+12.8% gap
PAPL
-4.8%
-17.6%
SOPA
Higher net margin
SOPA
SOPA
2385.4% more per $
SOPA
-370.8%
-2756.2%
PAPL
More free cash flow
PAPL
PAPL
$13.4M more FCF
PAPL
$-3.3M
$-16.7M
SOPA
Faster 2-yr revenue CAGR
PAPL
PAPL
Annualised
PAPL
-2.0%
-11.2%
SOPA

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PAPL
PAPL
SOPA
SOPA
Revenue
$707.3K
$1.4M
Net Profit
$-19.5M
$-5.1M
Gross Margin
48.9%
64.3%
Operating Margin
-2518.8%
-379.9%
Net Margin
-2756.2%
-370.8%
Revenue YoY
-4.8%
-17.6%
Net Profit YoY
-3174.1%
-271.5%
EPS (diluted)
$-1.21
$-0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PAPL
PAPL
SOPA
SOPA
Q1 26
$707.3K
Q4 25
$721.7K
Q3 25
$730.5K
$1.4M
Q2 25
$746.9K
$2.5M
Q1 25
$743.3K
$1.5M
Q4 24
$766.1K
$1.9M
Q3 24
$598.3K
$1.7M
Q2 24
$736.4K
$1.7M
Net Profit
PAPL
PAPL
SOPA
SOPA
Q1 26
$-19.5M
Q4 25
$-6.4M
Q3 25
$-1.8M
$-5.1M
Q2 25
$-557.7K
$479.0K
Q1 25
$-595.4K
$-1.8M
Q4 24
$-656.9K
$-4.1M
Q3 24
$-1.7M
$-1.4M
Q2 24
$-848.6K
$-1.9M
Gross Margin
PAPL
PAPL
SOPA
SOPA
Q1 26
48.9%
Q4 25
49.6%
Q3 25
27.8%
64.3%
Q2 25
67.6%
56.5%
Q1 25
43.4%
31.6%
Q4 24
45.9%
28.9%
Q3 24
43.2%
21.8%
Q2 24
44.2%
27.1%
Operating Margin
PAPL
PAPL
SOPA
SOPA
Q1 26
-2518.8%
Q4 25
-909.1%
Q3 25
-131.3%
-379.9%
Q2 25
-93.3%
-6.1%
Q1 25
-80.6%
-126.6%
Q4 24
-90.5%
-165.6%
Q3 24
-232.8%
-70.1%
Q2 24
-121.7%
-126.0%
Net Margin
PAPL
PAPL
SOPA
SOPA
Q1 26
-2756.2%
Q4 25
-891.6%
Q3 25
-250.3%
-370.8%
Q2 25
-74.7%
19.1%
Q1 25
-80.1%
-124.9%
Q4 24
-85.7%
-217.5%
Q3 24
-283.9%
-82.2%
Q2 24
-115.2%
-113.3%
EPS (diluted)
PAPL
PAPL
SOPA
SOPA
Q1 26
$-1.21
Q4 25
$-4.79
Q3 25
$-0.93
$-0.89
Q2 25
$-0.05
$0.10
Q1 25
$-1.73
$-0.44
Q4 24
$-2.60
$-1.03
Q3 24
$-11.10
$-0.48
Q2 24
$-0.12
$-0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAPL
PAPL
SOPA
SOPA
Cash + ST InvestmentsLiquidity on hand
$6.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$27.1M
$13.9M
Total Assets
$48.9M
$32.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAPL
PAPL
SOPA
SOPA
Q1 26
Q4 25
Q3 25
$6.6M
Q2 25
$8.2M
Q1 25
$7.1M
Q4 24
$7.6M
Q3 24
$4.2M
Q2 24
$833.9K
Stockholders' Equity
PAPL
PAPL
SOPA
SOPA
Q1 26
$27.1M
Q4 25
$-5.5M
Q3 25
$906.7K
$13.9M
Q2 25
$842.6K
$2.4M
Q1 25
$739.7K
$-663.0K
Q4 24
$1.3M
$-2.1M
Q3 24
$1.3M
$862.6K
Q2 24
$2.0M
$2.4M
Total Assets
PAPL
PAPL
SOPA
SOPA
Q1 26
$48.9M
Q4 25
$10.6M
Q3 25
$5.4M
$32.9M
Q2 25
$4.7M
$29.2M
Q1 25
$4.0M
$22.9M
Q4 24
$4.1M
$21.3M
Q3 24
$4.1M
$17.0M
Q2 24
$4.3M
$13.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PAPL
PAPL
SOPA
SOPA
Operating Cash FlowLast quarter
$-3.3M
$-16.7M
Free Cash FlowOCF − Capex
$-3.3M
$-16.7M
FCF MarginFCF / Revenue
-462.7%
-1211.0%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAPL
PAPL
SOPA
SOPA
Q1 26
$-3.3M
Q4 25
$-489.7K
Q3 25
$-507.6K
$-16.7M
Q2 25
$397.0K
$-1.8M
Q1 25
$-172.6K
$-4.0M
Q4 24
$-663.6K
$3.7M
Q3 24
$-264.7K
$2.0M
Q2 24
$123.0K
$-864.6K
Free Cash Flow
PAPL
PAPL
SOPA
SOPA
Q1 26
$-3.3M
Q4 25
$-491.7K
Q3 25
$-16.7M
Q2 25
Q1 25
Q4 24
Q3 24
$-264.7K
Q2 24
$122.7K
FCF Margin
PAPL
PAPL
SOPA
SOPA
Q1 26
-462.7%
Q4 25
-68.1%
Q3 25
-1211.0%
Q2 25
Q1 25
Q4 24
Q3 24
-44.2%
Q2 24
16.7%
Capex Intensity
PAPL
PAPL
SOPA
SOPA
Q1 26
0.0%
Q4 25
0.3%
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
PAPL
PAPL
SOPA
SOPA
Q1 26
Q4 25
Q3 25
Q2 25
-3.70×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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