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Side-by-side financial comparison of SOCIETY PASS INCORPORATED. (SOPA) and Expion360 Inc. (XPON). Click either name above to swap in a different company.

Expion360 Inc. is the larger business by last-quarter revenue ($2.2M vs $1.4M, roughly 1.6× SOCIETY PASS INCORPORATED.). Expion360 Inc. runs the higher net margin — -199.9% vs -370.8%, a 170.9% gap on every dollar of revenue. On growth, Expion360 Inc. posted the faster year-over-year revenue change (11.8% vs -17.6%). Over the past eight quarters, Expion360 Inc.'s revenue compounded faster (51.1% CAGR vs -11.2%).

The Wilderness Society is an Australian, community-based, not-for-profit non-governmental environmental advocacy organisation.

Expion360 Inc. is a provider of high-performance lithium iron phosphate (LFP) battery solutions and supporting energy storage products. Its core customer segments cover recreational vehicle owners, marine users, off-grid lifestyle enthusiasts and residential users across the U.S. market, delivering safe, durable and low-carbon energy storage options.

SOPA vs XPON — Head-to-Head

Bigger by revenue
XPON
XPON
1.6× larger
XPON
$2.2M
$1.4M
SOPA
Growing faster (revenue YoY)
XPON
XPON
+29.4% gap
XPON
11.8%
-17.6%
SOPA
Higher net margin
XPON
XPON
170.9% more per $
XPON
-199.9%
-370.8%
SOPA
Faster 2-yr revenue CAGR
XPON
XPON
Annualised
XPON
51.1%
-11.2%
SOPA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SOPA
SOPA
XPON
XPON
Revenue
$1.4M
$2.2M
Net Profit
$-5.1M
$-4.4M
Gross Margin
64.3%
-14.8%
Operating Margin
-379.9%
-234.4%
Net Margin
-370.8%
-199.9%
Revenue YoY
-17.6%
11.8%
Net Profit YoY
-271.5%
-1663.2%
EPS (diluted)
$-0.89
$-0.45

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
SOPA
SOPA
XPON
XPON
Q4 25
$2.2M
Q3 25
$1.4M
$2.4M
Q2 25
$2.5M
$3.0M
Q1 25
$1.5M
$2.0M
Q4 24
$1.9M
$2.0M
Q3 24
$1.7M
$1.4M
Q2 24
$1.7M
$1.3M
Q1 24
$1.8M
$971.9K
Net Profit
SOPA
SOPA
XPON
XPON
Q4 25
$-4.4M
Q3 25
$-5.1M
$722.8K
Q2 25
$479.0K
$-1.4M
Q1 25
$-1.8M
$-1.2M
Q4 24
$-4.1M
$-251.6K
Q3 24
$-1.4M
$-8.8M
Q2 24
$-1.9M
$-2.2M
Q1 24
$-2.8M
$-2.2M
Gross Margin
SOPA
SOPA
XPON
XPON
Q4 25
-14.8%
Q3 25
64.3%
22.7%
Q2 25
56.5%
20.8%
Q1 25
31.6%
24.5%
Q4 24
28.9%
22.1%
Q3 24
21.8%
12.1%
Q2 24
27.1%
25.5%
Q1 24
26.7%
22.9%
Operating Margin
SOPA
SOPA
XPON
XPON
Q4 25
-234.4%
Q3 25
-379.9%
-125.4%
Q2 25
-6.1%
-45.2%
Q1 25
-126.6%
-56.0%
Q4 24
-165.6%
-59.5%
Q3 24
-70.1%
-138.7%
Q2 24
-126.0%
-131.4%
Q1 24
-156.6%
-202.4%
Net Margin
SOPA
SOPA
XPON
XPON
Q4 25
-199.9%
Q3 25
-370.8%
30.2%
Q2 25
19.1%
-45.8%
Q1 25
-124.9%
-56.2%
Q4 24
-217.5%
-12.7%
Q3 24
-82.2%
-634.4%
Q2 24
-113.3%
-173.7%
Q1 24
-153.8%
-225.6%
EPS (diluted)
SOPA
SOPA
XPON
XPON
Q4 25
$-0.45
Q3 25
$-0.89
$0.10
Q2 25
$0.10
$-0.41
Q1 25
$-0.44
$-0.37
Q4 24
$-1.03
$65.02
Q3 24
$-0.48
$-24.55
Q2 24
$-0.73
$-30.20
Q1 24
$-1.21
$-31.30

Balance Sheet & Financial Strength

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

Metric
SOPA
SOPA
XPON
XPON
Cash + ST InvestmentsLiquidity on hand
$6.6M
$3.0M
Total DebtLower is stronger
$197.2K
Stockholders' EquityBook value
$13.9M
$6.5M
Total Assets
$32.9M
$8.1M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOPA
SOPA
XPON
XPON
Q4 25
$3.0M
Q3 25
$6.6M
$4.3M
Q2 25
$8.2M
$684.9K
Q1 25
$7.1M
$1.1M
Q4 24
$7.6M
$547.6K
Q3 24
$4.2M
$3.3M
Q2 24
$833.9K
$902.3K
Q1 24
$1.6M
$2.3M
Total Debt
SOPA
SOPA
XPON
XPON
Q4 25
$197.2K
Q3 25
$205.6K
Q2 25
$213.6K
Q1 25
$221.8K
Q4 24
$230.2K
Q3 24
$239.9K
Q2 24
$247.7K
Q1 24
$255.4K
Stockholders' Equity
SOPA
SOPA
XPON
XPON
Q4 25
$6.5M
Q3 25
$13.9M
$9.0M
Q2 25
$2.4M
$2.1M
Q1 25
$-663.0K
$3.2M
Q4 24
$-2.1M
$2.5M
Q3 24
$862.6K
$2.5M
Q2 24
$2.4M
$2.5M
Q1 24
$3.5M
$3.7M
Total Assets
SOPA
SOPA
XPON
XPON
Q4 25
$8.1M
Q3 25
$32.9M
$10.7M
Q2 25
$29.2M
$8.6M
Q1 25
$22.9M
$9.2M
Q4 24
$21.3M
$9.1M
Q3 24
$17.0M
$10.1M
Q2 24
$13.0M
$8.8M
Q1 24
$13.3M
$10.0M
Debt / Equity
SOPA
SOPA
XPON
XPON
Q4 25
0.03×
Q3 25
0.02×
Q2 25
0.10×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
SOPA
SOPA
XPON
XPON
Operating Cash FlowLast quarter
$-16.7M
$-2.4M
Free Cash FlowOCF − Capex
$-16.7M
FCF MarginFCF / Revenue
-1211.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOPA
SOPA
XPON
XPON
Q4 25
$-2.4M
Q3 25
$-16.7M
$-2.1M
Q2 25
$-1.8M
$-401.0K
Q1 25
$-4.0M
$-1.2M
Q4 24
$3.7M
$-2.9M
Q3 24
$2.0M
$-3.2M
Q2 24
$-864.6K
$-1.7M
Q1 24
$-2.4M
$-1.7M
Free Cash Flow
SOPA
SOPA
XPON
XPON
Q4 25
Q3 25
$-16.7M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-1.7M
FCF Margin
SOPA
SOPA
XPON
XPON
Q4 25
Q3 25
-1211.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-173.1%
Capex Intensity
SOPA
SOPA
XPON
XPON
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.1%
Cash Conversion
SOPA
SOPA
XPON
XPON
Q4 25
Q3 25
-2.90×
Q2 25
-3.70×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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