IDX:HERO 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	4,847,655	4,543,989	4,387,448	4,436,667	3,481,227
Revenue Growth (YoY)	6.68%	3.57%	-1.11%	27.45%	-2.19%
Cost of Revenue	2,845,783	2,819,468	2,779,636	2,790,598	2,123,164
Gross Profit	2,001,872	1,724,521	1,607,812	1,646,069	1,358,063
Selling, General & Admin	1,368,235	1,233,002	1,219,682	1,269,016	987,125
Other Operating Expenses	8,831	8,055	12,856	-18,102	318,104
Operating Expenses	1,720,825	1,577,150	1,574,369	1,574,960	1,613,356
Operating Income	281,047	147,371	33,443	71,109	-255,293
Interest Expense	-120,653	-206,711	-406,180	-386,444	-237,318
Interest & Investment Income	2,494	8,911	3,290	1,911	1,460
Other Non Operating Income (Expenses)	-35,156	-58,171	-31,951	-25,011	6,896
EBT Excluding Unusual Items	127,732	-108,600	-401,398	-338,435	-484,255
Asset Writedown	-53,371	25,052	-61,943	-	-
Pretax Income	74,361	-83,548	-463,341	-338,435	-484,255
Income Tax Expense	35,984	62,721	-32,432	-30,691	447,824
Earnings From Continuing Operations	38,377	-146,269	-430,909	-307,744	-932,079
Earnings From Discontinued Operations	121,959	140,684	298,744	366,855	-31,447
Net Income	160,336	-5,585	-132,165	59,111	-963,526
Net Income to Common	160,336	-5,585	-132,165	59,111	-963,526
Shares Outstanding (Basic)	4,184	4,184	4,184	4,184	4,184
Shares Outstanding (Diluted)	4,184	4,184	4,184	4,184	4,184
EPS (Basic)	38.32	-1.33	-31.59	14.13	-230.31
EPS (Diluted)	38.32	-1.33	-31.59	14.00	-230.31
Free Cash Flow	454,972	247,287	92,257	-939,261	-1,124,280
Free Cash Flow Per Share	108.75	59.11	22.05	-224.51	-268.73
Gross Margin	41.30%	37.95%	36.65%	37.10%	39.01%
Operating Margin	5.80%	3.24%	0.76%	1.60%	-7.33%
Profit Margin	3.31%	-0.12%	-3.01%	1.33%	-27.68%
Free Cash Flow Margin	9.38%	5.44%	2.10%	-21.17%	-32.30%
EBITDA	466,016	333,227	191,429	216,552	93,244
EBITDA Margin	9.61%	7.33%	4.36%	4.88%	2.68%
D&A For EBITDA	184,969	185,856	157,986	145,443	348,537
EBIT	281,047	147,371	33,443	71,109	-255,293
EBIT Margin	5.80%	3.24%	0.76%	1.60%	-7.33%
Effective Tax Rate	48.39%	-	-	-	-
Advertising Expenses	125,147	115,383	111,772	127,271	66,958

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.