IDX:MAHA Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,005,765	2,922,315	2,544,018	1,977,730	1,641,927	1,319,398
Revenue Growth (YoY)	17.30%	14.87%	28.63%	20.45%	24.45%	32.27%
Cost of Revenue	2,393,270	2,333,502	2,036,233	1,481,542	1,224,491	1,000,530
Gross Profit	612,495	588,814	507,785	496,188	417,436	318,868
Selling, General & Admin	110,779	139,067	128,192	104,051	83,684	73,003
Other Operating Expenses	7,038	1,361	5,769	-4,061	-3,096	213.85
Operating Expenses	117,817	140,428	133,961	99,989	80,588	73,217
Operating Income	494,678	448,386	373,824	396,199	336,848	245,651
Interest Expense	-47,059	-43,308	-34,266	-30,319	-13,549	-12,487
Interest & Investment Income	36,076	36,076	54,986	78,948	56,292	13,901
Currency Exchange Gain (Loss)	-	-	-	-	-	1,396
Other Non Operating Income (Expenses)	47.69	-873.09	-	-	-	-
EBT Excluding Unusual Items	483,743	440,280	394,544	444,827	379,590	248,461
Gain (Loss) on Sale of Investments	-76,386	-118,491	-26,083	-97,690	194,008	115,963
Gain (Loss) on Sale of Assets	7,258	7,258	2,448	1,396	95.47	100
Pretax Income	421,438	335,870	375,840	351,936	577,447	367,190
Income Tax Expense	110,378	100,295	82,979	85,755	75,826	55,411
Earnings From Continuing Operations	311,059	235,575	292,860	266,181	501,621	311,779
Minority Interest in Earnings	7,417	6,952	3,857	1,765	-	-
Net Income	318,476	242,527	296,717	267,946	501,621	311,779
Net Income to Common	318,476	242,527	296,717	267,946	501,621	311,779
Net Income Growth	35.78%	-18.26%	10.74%	-46.58%	60.89%	129.61%
Shares Outstanding (Basic)	16,393	16,407	16,654	14,236	12,500	12,418
Shares Outstanding (Diluted)	16,393	16,407	16,654	14,236	12,500	12,418
Shares Change (YoY)	-1.27%	-1.48%	16.99%	13.89%	0.66%	45.15%
EPS (Basic)	19.43	14.78	17.82	18.82	40.13	25.11
EPS (Diluted)	19.43	14.78	17.82	18.82	40.13	25.11
EPS Growth	37.53%	-17.03%	-5.34%	-53.10%	59.84%	58.19%
Free Cash Flow	600,164	720,030	241,632	62,737	333,226	337,183
Free Cash Flow Per Share	36.61	43.88	14.51	4.41	26.66	27.15
Dividend Per Share	-	-	12.000	12.000	8.000	8.000
Dividend Growth	-	-	-	50.00%	-	-
Gross Margin	20.38%	20.15%	19.96%	25.09%	25.42%	24.17%
Operating Margin	16.46%	15.34%	14.69%	20.03%	20.52%	18.62%
Profit Margin	10.60%	8.30%	11.66%	13.55%	30.55%	23.63%
Free Cash Flow Margin	19.97%	24.64%	9.50%	3.17%	20.29%	25.56%
EBITDA	527,110	502,769	516,009	475,721	424,029	322,091
EBITDA Margin	17.54%	17.20%	20.28%	24.05%	25.82%	24.41%
D&A For EBITDA	32,433	54,383	142,185	79,522	87,182	76,440
EBIT	494,678	448,386	373,824	396,199	336,848	245,651
EBIT Margin	16.46%	15.34%	14.69%	20.03%	20.52%	18.62%
Effective Tax Rate	26.19%	29.86%	22.08%	24.37%	13.13%	15.09%

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