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At a glance
Figures in IDR, from our data supplier.
Revenue
IDR 57.72bn
FY2019FY2025
Net income
IDR 1.76bn
FY2019FY2025
Free cash flow
IDR 4.66bn
FY2019FY2025
Shareholders' equity
IDR 36.56bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | IDR 57.72bn | IDR 43.64bn | IDR 28.79bn | IDR 26.00bn | IDR 20.28bn | IDR 16.10bn | IDR 23.16bn |
| Operating income | IDR 2.12bn | IDR 813.8m | IDR 2.99bn | IDR 5.35bn | IDR 4.74bn | IDR 1.69bn | IDR 834.5m |
| Net income | IDR 1.76bn | IDR 461.3m | IDR 2.96bn | IDR 4.72bn | IDR 3.91bn | IDR 1.53bn | −IDR 2.34bn |
| Diluted earnings per share | 1.85 | 0.49 | 3.12 | 4.97 | 4.12 | 1.70 | -2.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | IDR 55.16bn | IDR 48.48bn | IDR 44.56bn | IDR 39.09bn | IDR 32.96bn | IDR 24.03bn | IDR 23.07bn |
| Cash and short-term investments | IDR 25.15bn | IDR 23.00bn | IDR 31.00bn | IDR 30.06bn | IDR 25.32bn | IDR 16.62bn | IDR 6.22bn |
| Total liabilities | IDR 14.57bn | IDR 10.83bn | IDR 9.83bn | IDR 8.55bn | IDR 7.17bn | IDR 6.81bn | IDR 7.34bn |
| Debt | IDR 662.7m | — | IDR 3.08bn | IDR 2.74bn | IDR 183.5m | IDR 917.6m | IDR 1.65bn |
| Shareholders' equity | IDR 36.56bn | IDR 35.02bn | IDR 33.45bn | IDR 30.54bn | IDR 25.78bn | IDR 17.22bn | IDR 15.73bn |
| Shares outstanding | 950m | 950m | 950m | 950m | 950m | 900m | 950m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | IDR 5.22bn | IDR 2.87bn | IDR 3.73bn | IDR 5.08bn | IDR 6.27bn | IDR 2.95bn | −IDR 8.80bn |
| Capital spending | −IDR 554.6m | −IDR 365.1m | −IDR 850.7m | −IDR 251.7m | −IDR 1.64bn | −IDR 86.3m | −IDR 92.4m |
| Free cash flow | IDR 4.66bn | IDR 2.50bn | IDR 2.88bn | IDR 4.83bn | IDR 4.62bn | IDR 2.86bn | −IDR 8.89bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | IDR 14.59bn | IDR 12.95bn | IDR 17.96bn | IDR 14.71bn | IDR 11.53bn | IDR 14.29bn | IDR 13.88bn | IDR 11.47bn |
| Operating income | IDR 96.6m | −IDR 2.22bn | IDR 2.82bn | IDR 963.3m | −IDR 470.8m | −IDR 1.01bn | IDR 1.97bn | IDR 324.4m |
| Net income | IDR 34.6m | −IDR 1.44bn | IDR 2.21bn | IDR 766.7m | −IDR 360.3m | −IDR 863.8m | IDR 1.50bn | IDR 136.5m |
| Diluted earnings per share | 0.04 | -1.52 | 2.33 | 0.81 | -0.38 | -0.91 | 1.58 | 0.14 |
| Cash from operations | IDR 1.08bn | −IDR 2.30bn | IDR 2.92bn | IDR 3.20bn | −IDR 1.99bn | IDR 1.09bn | IDR 1.58bn | IDR 612.0m |
| Capital spending | −IDR 574.0m | −IDR 15.0m | −IDR 73.0m | −IDR 42.0m | −IDR 76.0m | −IDR 43.0m | −IDR 63.0m | −IDR 10.08bn |
| Free cash flow | IDR 509.0m | −IDR 2.31bn | IDR 2.85bn | IDR 3.16bn | −IDR 2.07bn | IDR 1.04bn | IDR 1.52bn | −IDR 9.47bn |
| Total assets | IDR 53.93bn | IDR 53.17bn | IDR 55.16bn | IDR 52.29bn | IDR 46.92bn | IDR 48.98bn | IDR 48.48bn | IDR 46.08bn |
| Cash and short-term investments | IDR 23.07bn | IDR 22.73bn | IDR 25.15bn | IDR 22.25bn | IDR 21.90bn | IDR 24.00bn | IDR 23.00bn | IDR 21.25bn |
| Debt | IDR 186.5m | IDR 51.5m | IDR 662.7m | IDR 653.7m | — | — | — | — |
| Shareholders' equity | IDR 35.15bn | IDR 35.12bn | IDR 36.56bn | IDR 34.56bn | IDR 33.79bn | IDR 34.15bn | IDR 35.02bn | IDR 32.41bn |
Financial ratios
Data as of 7 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.8% | 1.9% | 11.2% | 20.6% | 23.4% | 10.5% | — |
| Net margin | 3.0% | 1.1% | 10.3% | 18.1% | 19.3% | 9.5% | — |
| Return on equity | 4.8% | 1.3% | 8.9% | 15.4% | 15.2% | 8.9% | — |
| Return on assets | 3.2% | 1.0% | 6.6% | 12.1% | 11.9% | 6.4% | — |
| Free cash flow yield | 3.3% | 1.8% | 2.6% | 3.0% | 4.5% | 1.8% | — |
| Revenue growth | 32.3% | 51.5% | 10.7% | 28.2% | 25.9% | -30.5% | — |
| Earnings growth | 280.7% | -84.4% | -37.2% | 20.6% | 155.2% | -165.6% | — |
| Current ratio | 5.14x | 6.43x | 10.95x | 11.15x | 9.88x | 5.52x | — |
| Debt to equity | 0.02x | 0.00x | 0.09x | 0.09x | -0.02x | 0.05x | — |
| Equity ratio | 66.3% | 72.2% | 75.1% | 78.1% | 78.2% | 71.6% | — |
| Interest coverage | — | — | — | 1601.63x | 72.24x | 10.64x | 3.28x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | -5.5% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.5% | 29.1% | — |
| Operating income | -26.6% | 4.6% | — |
| Net income | -28.1% | 2.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.9% | 7.2% | 9.2% | — |
| Net margin | 2.2% | 6.3% | 8.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 86.5 | 199.8 | 32.7 | 22.8 | 27.7 |
| Price to sales | 2.6 | 2.1 | 3.4 | 4.1 | 5.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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