TOWR 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	FY 2019	2018 - 2014
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	Dec '19 Dec 31, 2019	2018 - 2014
Revenue	12,117,942	11,740,345	11,035,650	8,635,346	7,445,426	6,454,302	Upgrade
Revenue Growth (YoY)	5.41%	6.39%	27.80%	15.98%	15.36%	9.99%	Upgrade
Cost of Revenue	738,996	684,486	607,770	480,354	415,240	458,328	Upgrade
Gross Profit	11,378,946	11,055,859	10,427,880	8,154,992	7,030,186	5,995,974	Upgrade
Selling, General & Admin	1,180,278	1,076,296	911,324	720,668	625,266	1,119,015	Upgrade
Other Operating Expenses	60,749	7,795	93,762	153,881	-9,794	156,853	Upgrade
Operating Expenses	4,168,222	3,927,359	3,311,766	2,734,368	2,259,486	2,117,134	Upgrade
Operating Income	7,210,724	7,128,500	7,116,114	5,420,624	4,770,700	3,878,840	Upgrade
Interest Expense	-2,758,163	-2,798,684	-2,394,167	-1,362,909	-1,174,437	-936,700	Upgrade
Interest & Investment Income	39,513	25,649	29,265	30,866	41,984	48,813	Upgrade
Currency Exchange Gain (Loss)	-31,140	-14,536	-92,842	8,880	-182,776	55,986	Upgrade
Other Non Operating Income (Expenses)	-62,100	-59,343	2,366	-7,365	-26,856	-21,184	Upgrade
EBT Excluding Unusual Items	4,398,834	4,281,586	4,660,736	4,090,096	3,428,615	3,025,755	Upgrade
Impairment of Goodwill	-30	-30	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	39,567	976	-50,933	51,549	22,068	15,907	Upgrade
Gain (Loss) on Sale of Assets	-156,377	-173,608	-144,699	-	-	-	Upgrade
Asset Writedown	3,712	-	-	-84,504	-43,365	-23,040	Upgrade
Pretax Income	4,285,706	4,108,924	4,465,104	4,057,141	3,407,318	3,018,622	Upgrade
Income Tax Expense	867,254	805,282	968,569	609,266	553,701	665,533	Upgrade
Earnings From Continuing Operations	3,418,452	3,303,642	3,496,535	3,447,875	2,853,617	2,353,089	Upgrade
Net Income to Company	3,418,452	3,303,642	3,496,535	3,447,875	2,853,617	2,353,089	Upgrade
Minority Interest in Earnings	-27,460	-50,545	-54,510	-20,500	-17,617	-11,134	Upgrade
Net Income	3,390,992	3,253,097	3,442,025	3,427,375	2,836,000	2,341,955	Upgrade
Net Income to Common	3,390,992	3,253,097	3,442,025	3,427,375	2,836,000	2,341,955	Upgrade
Net Income Growth	5.37%	-5.49%	0.43%	20.85%	21.10%	6.45%	Upgrade
Shares Outstanding (Basic)	49,799	49,799	49,799	49,824	50,148	50,391	Upgrade
Shares Outstanding (Diluted)	49,799	49,799	49,799	49,824	50,148	50,391	Upgrade
Shares Change (YoY)	-0.00%	-0.00%	-0.05%	-0.65%	-0.48%	-1.14%	Upgrade
EPS (Basic)	68.09	65.32	69.12	68.79	56.55	46.48	Upgrade
EPS (Diluted)	68.00	65.00	69.00	68.79	56.55	46.48	Upgrade
EPS Growth	6.25%	-5.80%	0.31%	21.64%	21.68%	7.68%	Upgrade
Free Cash Flow	4,280,917	4,351,529	3,391,931	4,003,706	2,022,062	-486,565	Upgrade
Free Cash Flow Per Share	85.96	87.38	68.11	80.36	40.32	-9.66	Upgrade
Dividend Per Share	-	-	24.100	24.100	28.090	23.860	Upgrade
Dividend Growth	-	-	0%	-14.20%	17.73%	1.45%	Upgrade
Gross Margin	93.90%	94.17%	94.49%	94.44%	94.42%	92.90%	Upgrade
Operating Margin	59.50%	60.72%	64.48%	62.77%	64.08%	60.10%	Upgrade
Profit Margin	27.98%	27.71%	31.19%	39.69%	38.09%	36.29%	Upgrade
Free Cash Flow Margin	35.33%	37.06%	30.74%	46.36%	27.16%	-7.54%	Upgrade
EBITDA	8,800,555	8,699,625	8,249,123	6,293,419	5,512,775	4,570,052	Upgrade
EBITDA Margin	72.62%	74.10%	74.75%	72.88%	74.04%	70.81%	Upgrade
D&A For EBITDA	1,589,831	1,571,125	1,133,009	872,795	742,075	691,212	Upgrade
EBIT	7,210,724	7,128,500	7,116,114	5,420,624	4,770,700	3,878,840	Upgrade
EBIT Margin	59.50%	60.72%	64.48%	62.77%	64.08%	60.10%	Upgrade
Effective Tax Rate	20.24%	19.60%	21.69%	15.02%	16.25%	22.05%	Upgrade

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