PT ITSEC Asia Tbk Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	527,135	325,129	208,757	187,020	118,316
Revenue Growth (YoY)	62.13%	55.74%	11.62%	58.07%	60.93%
Cost of Revenue	242,567	207,342	153,388	115,985	65,225
Gross Profit	284,568	117,787	55,369	71,036	53,091
Selling, General & Admin	137,290	103,710	78,496	64,352	50,585
Amortization of Goodwill & Intangibles	-	-	2,306	2,306	-
Other Operating Expenses	44,486	1,338	10,229	7,220	5,479
Operating Expenses	193,437	114,077	96,587	77,699	56,064
Operating Income	91,130	3,710	-41,218	-6,663	-2,973
Interest Expense	-5,386	-4,866	-3,527	-1,620	-748.61
Interest & Investment Income	848.74	258.04	559.71	1,594	1,020
Currency Exchange Gain (Loss)	3,500	-2,237	5,830	-2,192	-1,639
EBT Excluding Unusual Items	90,093	-3,134	-38,355	-8,880	-4,340
Gain (Loss) on Sale of Assets	2.51	5.32	-	-	-
Pretax Income	90,096	-3,129	-38,355	-8,880	-4,340
Income Tax Expense	24,693	-3,889	-2,683	1,974	2,570
Earnings From Continuing Operations	65,403	759.94	-35,671	-10,854	-6,910
Minority Interest in Earnings	-1,172	-	-	-	-
Net Income	64,230	759.94	-35,671	-10,854	-6,910
Net Income to Common	64,230	759.94	-35,671	-10,854	-6,910
Net Income Growth	8352.03%	-	-	-	-
Shares Outstanding (Basic)	6,605	6,450	5,729	100	-
Shares Outstanding (Diluted)	6,768	6,450	5,729	100	-
Shares Change (YoY)	4.94%	12.58%	5629.05%	-	-
EPS (Basic)	9.72	0.12	-6.23	-108.54	-
EPS (Diluted)	9.49	0.12	-6.23	-108.54	-
EPS Growth	7954.18%	-	-	-	-
Free Cash Flow	-44,082	-16,417	-53,381	-12,424	-8,662
Free Cash Flow Per Share	-6.51	-2.54	-9.32	-124.25	-
Gross Margin	53.98%	36.23%	26.52%	37.98%	44.87%
Operating Margin	17.29%	1.14%	-19.74%	-3.56%	-2.51%
Profit Margin	12.19%	0.23%	-17.09%	-5.80%	-5.84%
Free Cash Flow Margin	-8.36%	-5.05%	-25.57%	-6.64%	-7.32%
EBITDA	95,770	7,193	-39,178	-5,620	-2,152
EBITDA Margin	18.17%	2.21%	-18.77%	-3.00%	-1.82%
D&A For EBITDA	4,640	3,483	2,039	1,043	820.47
EBIT	91,130	3,710	-41,218	-6,663	-2,973
EBIT Margin	17.29%	1.14%	-19.74%	-3.56%	-2.51%
Effective Tax Rate	27.41%	-	-	-	-
Advertising Expenses	14,547	5,513	3,137	798.51	527.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.