NusaTrip's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu.

Monday, Oct 6, 2025 12:33 pm ET1min read

NusaTrip's 15-minute chart has recently triggered Bollinger Bands Narrowing and a Bearish Marubozu pattern on October 6, 2025, at 12:30. This indicates a decrease in the magnitude of stock price fluctuations, with sellers dominating the market and suggesting that bearish momentum is likely to persist.

NEW YORK, Oct. 6, 2025 (GLOBE NEWSWIRE) — Society Pass Inc. (Nasdaq: SOPA), Southeast Asia's next-generation e-commerce ecosystem, has reported its second-quarter 2025 revenues totaling $2.5 million, representing a 46% year-on-year growth, according to Ascendiant Capital Markets LLC. This marks a significant improvement over previous estimates of $1.5 million Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) Reports Strong 2Q 2025 Revenue Growth of 46% Year on Year; IPOs Drive SOPA Valuation[1].

The company's earnings per share (EPS) for the period was $0.10, a notable improvement over estimates of $(0.24). Ascendiant has adjusted its 2025 estimates for revenue to $8.8 million, from $6.2 million, and for EPS to $(0.42) from $(1.04). For 2026, the estimates have been raised to $10.0 million, from $9.0 million, and for EPS to $(0.47) from $(0.63) Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) Reports Strong 2Q 2025 Revenue Growth of 46% Year on Year; IPOs Drive SOPA Valuation[1].

Society Pass completed an initial public offering (IPO) in November 2021 and has since traded on the Nasdaq under the ticker SOPA. The company's market capitalization stands at approximately $5 million, while it holds an estimated $29 million in cash, including $17 million from NusaTrip's IPO. This discrepancy suggests that SOPA's shares and business are significantly undervalued Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) Reports Strong 2Q 2025 Revenue Growth of 46% Year on Year; IPOs Drive SOPA Valuation[1].

NusaTrip, which went public in August 2025 with a valuation of $17 million, is currently trading at approximately $8.00 per share, double its IPO price. Ascendiant estimates that SOPA owns approximately 12 million shares, or about 75% of NusaTrip's shares, making its estimated value of NusaTrip approximately $100 million. This represents a substantial discount from SOPA's current trading price, indicating a significant upside potential Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) Reports Strong 2Q 2025 Revenue Growth of 46% Year on Year; IPOs Drive SOPA Valuation[1].

Ascendiant maintains a BUY rating for SOPA, raising its 12-month price target to $18 from $15, based on a net present value (NPV) analysis. The company's growth prospects and valuation potential outweigh the high risks associated with its main products, which still face long commercialization challenges Ascendiant Capital Markets: Society Pass Inc (Nasdaq: SOPA) Reports Strong 2Q 2025 Revenue Growth of 46% Year on Year; IPOs Drive SOPA Valuation[1].

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