PT Mustika Ratu Tbk 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	423,517	333,563	300,596	285,178	326,795
Revenue Growth (YoY)	26.97%	10.97%	5.41%	-12.73%	2.63%
Cost of Revenue	254,246	171,717	128,342	148,294	130,266
Gross Profit	169,271	161,846	172,254	136,883	196,529
Selling, General & Admin	166,367	159,917	173,222	236,319	182,320
Other Operating Expenses	-1,012	-3,393	992.35	-204.75	-990.34
Operating Expenses	165,355	156,524	174,214	236,114	181,330
Operating Income	3,916	5,321	-1,960	-99,231	15,199
Interest Expense	-13,625	-13,686	-13,866	-11,733	-8,179
Interest & Investment Income	-	5,195	5,065	430.61	11.18
Currency Exchange Gain (Loss)	6,133	4,302	-2,445	1,103	-428.93
Other Non Operating Income (Expenses)	5,407	71.86	91.34	156.75	26.03
EBT Excluding Unusual Items	1,831	1,205	-13,115	-109,273	6,628
Gain (Loss) on Sale of Assets	-	38.59	-80.23	158,710	960.39
Pretax Income	1,831	1,244	-13,195	49,438	7,589
Income Tax Expense	1,535	6,363	917.69	-18,374	7,231
Earnings From Continuing Operations	295.6	-5,119	-14,113	67,812	357.51
Minority Interest in Earnings	120.29	-3.31	-27.34	20.98	0.62
Net Income	415.89	-5,123	-14,140	67,833	358.13
Net Income to Common	415.89	-5,123	-14,140	67,833	358.13
Net Income Growth	-	-	-	18841.05%	-
Shares Outstanding (Basic)	428	428	428	428	428
Shares Outstanding (Diluted)	428	428	428	428	428
EPS (Basic)	0.97	-11.97	-33.04	158.49	0.84
EPS (Diluted)	0.97	-11.97	-33.04	158.49	0.84
EPS Growth	-	-	-	18841.06%	-
Free Cash Flow	14,466	3,048	-27,259	-75,064	-9,633
Free Cash Flow Per Share	33.80	7.12	-63.69	-175.38	-22.51
Gross Margin	39.97%	48.52%	57.30%	48.00%	60.14%
Operating Margin	0.92%	1.59%	-0.65%	-34.80%	4.65%
Profit Margin	0.10%	-1.54%	-4.70%	23.79%	0.11%
Free Cash Flow Margin	3.42%	0.91%	-9.07%	-26.32%	-2.95%
EBITDA	8,188	9,593	2,706	-94,462	20,930
EBITDA Margin	1.93%	2.88%	0.90%	-33.12%	6.40%
D&A For EBITDA	4,272	4,272	4,666	4,769	5,731
EBIT	3,916	5,321	-1,960	-99,231	15,199
EBIT Margin	0.92%	1.59%	-0.65%	-34.80%	4.65%
Effective Tax Rate	83.86%	511.60%	-	-	95.29%
Advertising Expenses	-	58,361	63,476	76,971	57,226

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