PT Merdeka Battery Materials Tbk. (IDX:MBMA)

Indonesia · Delayed Price · Currency is IDR

466.00

-8.00 (-1.69%)

At close: Oct 12, 2026

IDX:MBMA Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,855	1,435	1,845	1,328	455.74	-
Revenue Growth	19.59%	-22.23%	38.87%	191.47%	-	-
Gross Profit	391.29	166.48	114.11	77.48	44.41	-
Operating Income	346.5	130.95	79.48	47.21	30.17	-0.01
Net Income	78.14	29.56	22.78	6.93	21.66	0.02
Earnings Per Share	0.00	0.00	0.00	0.00	0.00	0.00
EPS Growth	942.03%	28.71%	216.67%	-83.50%	-33.33%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Elimination	-283.02	-139.52	-135.2	-71.34	-
Manufacturing	1,477	1,178	1,663	1,312	455.74
Mining	660.82	396.42	316.52	83.61	-
Total	1,855	1,435	1,845	1,328	455.74

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Investments	483.43	192.64	244.03	290.21	280.29	0.17
Total Debt	1,305	944.94	684.11	492.39	615.31	-
Net Cash (Debt)	-821.23	-752.3	-440.07	-202.18	-335.02	0.17
Net Cash Growth	-	-	-	-	-	201305.95%
Net Cash Per Share	-0.01	-0.01	-0.00	-0.00	-0.01	0.01

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	278.61	37.19	78.49	-15.49	108.9	-0.01
Capital Expenditures	-188.59	-192.77	-241.84	-368.91	-527.91	-
Free Cash Flow	90.02	-155.58	-163.34	-384.39	-419.01	-0.01
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	21.10%	11.61%	6.19%	5.83%	9.74%	-
Operating Margin	18.68%	9.13%	4.31%	3.55%	6.62%	-
Pretax Margin	14.25%	7.85%	4.88%	2.52%	8.22%	-
Profit Margin	4.21%	2.06%	1.23%	0.52%	4.75%	-
FCF Margin	4.85%	-10.85%	-8.86%	-28.94%	-91.94%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 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
PE Ratio	36.85	124.65	134.87	566.26	-	-
Forward PE	13.24	33.98	25.81	22.71	-	-
PS Ratio	1.53	2.57	1.67	2.95	-	-