IOTF Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	65,147	70,533	51,013	31,530	17,174
Revenue Growth (YoY)	27.71%	38.26%	61.79%	83.60%	-
Cost of Revenue	40,563	46,824	40,333	23,971	13,171
Gross Profit	24,584	23,709	10,680	7,559	4,002
Selling, General & Admin	14,025	12,988	6,860	3,864	2,245
Other Operating Expenses	89.13	46.37	9.86	-	-
Operating Expenses	17,036	15,424	7,437	4,108	2,354
Operating Income	7,548	8,284	3,243	3,451	1,649
Interest Expense	-1,629	-1,488	-783.92	-577.74	-30.34
Interest & Investment Income	4.69	3.51	2.06	2.26	0.61
Currency Exchange Gain (Loss)	2.05	4.46	-10.1	38.17	-
Other Non Operating Income (Expenses)	-1,389	-1,473	-455.14	-44.02	-42.85
EBT Excluding Unusual Items	4,538	5,331	1,996	2,869	1,576
Asset Writedown	19.96	19.96	-	11.22	-
Pretax Income	4,557	5,351	1,996	2,881	1,576
Income Tax Expense	1,045	1,212	525.93	639.34	313.27
Earnings From Continuing Operations	3,512	4,139	1,470	2,241	1,263
Minority Interest in Earnings	-1.16	-0.76	-	-	-
Net Income	3,511	4,138	1,470	2,241	1,263
Preferred Dividends & Other Adjustments	37.02	37.02	-	-	-
Net Income to Common	3,474	4,101	1,470	2,241	1,263
Net Income Growth	138.90%	181.56%	-34.43%	77.48%	-
Shares Outstanding (Basic)	5,325	4,077	20	20	20
Shares Outstanding (Diluted)	5,325	4,077	20	20	20
Shares Change (YoY)	26525.30%	20283.61%	-	-	-
EPS (Basic)	0.65	1.01	73.48	112.07	63.14
EPS (Diluted)	0.65	1.01	73.48	112.07	63.14
EPS Growth	-99.11%	-98.63%	-34.43%	77.48%	-
Free Cash Flow	-143,802	-139,792	-25,622	-5,795	-2,349
Free Cash Flow Per Share	-27.00	-34.29	-1281.11	-289.75	-117.47
Gross Margin	37.74%	33.61%	20.94%	23.97%	23.31%
Operating Margin	11.59%	11.75%	6.36%	10.94%	9.60%
Profit Margin	5.33%	5.81%	2.88%	7.11%	7.35%
Free Cash Flow Margin	-220.74%	-198.19%	-50.23%	-18.38%	-13.68%
EBITDA	7,973	8,559	3,493	3,530	1,720
EBITDA Margin	12.24%	12.13%	6.85%	11.19%	10.02%
D&A For EBITDA	424.44	274.72	250.41	78.84	71.26
EBIT	7,548	8,284	3,243	3,451	1,649
EBIT Margin	11.59%	11.75%	6.36%	10.94%	9.60%
Effective Tax Rate	22.94%	22.66%	26.35%	22.19%	19.88%
Advertising Expenses	-	2,870	766.81	672.83	20.32

Source: S&P Capital IQ. Standard template. Financial Sources.