PT Merdeka Battery Materials Tbk. (IDX:MBMA)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Mining	396.42M	316.52M	83.61M	-	-
Mining Growth	25.24%	278.56%	-	-	-
Manufacturing	1.18B	1.66B	1.31B	455.74M	-
Manufacturing Growth	-29.20%	26.78%	187.89%	-	-
Elimination	-139.52M	-135.20M	-71.34M	-	-
Others	-	-	4.02M	-	-
Total	1.43B	1.84B	1.33B	455.74M	-
Total Growth	-22.24%	38.87%	191.47%	-	-

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Indonesia	1.31B	1.47B	647.48M	185.40M	-
Indonesia Growth	-10.62%	126.79%	249.23%	-	-
China	122.10M	376.28M	680.85M	270.34M	-
China Growth	-67.55%	-44.73%	151.85%	-	-
Total	1.43B	1.84B	1.33B	455.74M	-
Total Growth	-22.24%	38.87%	191.47%	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 21, 2026

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