PT ITSEC Asia Tbk Income Statement

Financials in millions IDR. Fiscal year is January - December.

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	455,222	325,129	208,757	187,020	118,316	73,519
Revenue Growth (YoY)	91.44%	55.74%	11.62%	58.07%	60.93%	-
Cost of Revenue	243,675	207,342	153,388	115,985	65,225	55,102
Gross Profit	211,546	117,787	55,369	71,036	53,091	18,417
Selling, General & Admin	129,754	103,710	78,496	64,352	50,585	33,000
Amortization of Goodwill & Intangibles	-	-	2,306	2,306	-	-
Other Operating Expenses	13,744	1,338	10,229	7,220	5,479	5,009
Operating Expenses	152,527	114,077	96,587	77,699	56,064	38,009
Operating Income	59,020	3,710	-41,218	-6,663	-2,973	-19,592
Interest Expense	-4,444	-4,866	-3,527	-1,620	-748.61	-615.44
Interest & Investment Income	181.14	258.04	559.71	1,594	1,020	3,333
Currency Exchange Gain (Loss)	390.23	-2,237	5,830	-2,192	-1,639	-798.29
EBT Excluding Unusual Items	55,147	-3,134	-38,355	-8,880	-4,340	-17,672
Gain (Loss) on Sale of Assets	-	5.32	-	-	-	-
Pretax Income	55,147	-3,129	-38,355	-8,880	-4,340	-17,672
Income Tax Expense	847.01	-3,889	-2,683	1,974	2,570	-2,285
Net Income	54,302	759.94	-35,671	-10,854	-6,910	-15,386
Net Income to Common	54,302	759.94	-35,671	-10,854	-6,910	-15,386
Shares Outstanding (Basic)	6,529	6,450	5,729	100	-	-
Shares Outstanding (Diluted)	6,529	6,450	5,729	100	-	-
Shares Change (YoY)	2.65%	12.58%	5629.05%	-	-	-
EPS (Basic)	8.32	0.12	-6.23	-108.54	-	-
EPS (Diluted)	8.31	0.12	-6.23	-108.54	-	-
Free Cash Flow	-15,344	-16,417	-53,381	-12,424	-8,662	-15,820
Free Cash Flow Per Share	-2.35	-2.54	-9.32	-124.25	-	-
Gross Margin	46.47%	36.23%	26.52%	37.98%	44.87%	25.05%
Operating Margin	12.96%	1.14%	-19.74%	-3.56%	-2.51%	-26.65%
Profit Margin	11.93%	0.23%	-17.09%	-5.80%	-5.84%	-20.93%
Free Cash Flow Margin	-3.37%	-5.05%	-25.57%	-6.64%	-7.32%	-21.52%
EBITDA	63,325	7,193	-39,178	-5,620	-2,152	-18,903
EBITDA Margin	13.91%	2.21%	-18.77%	-3.00%	-1.82%	-25.71%
D&A For EBITDA	4,305	3,483	2,039	1,043	820.47	688.59
EBIT	59,020	3,710	-41,218	-6,663	-2,973	-19,592
EBIT Margin	12.96%	1.14%	-19.74%	-3.56%	-2.51%	-26.65%
Advertising Expenses	-	5,513	3,137	798.51	527.69	168.94

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.