PT Sumber Alfaria Trijaya Tbk (AMRT) Q1 2025 earnings summary

Executive summary

• Net revenue for Q1 2025 reached Rp32.77 trillion, up 11.8% year-over-year from Rp29.33 trillion in Q1 2024.

• Net income attributable to owners was Rp975.1 billion, a 9.5% increase from Rp890.3 billion in Q1 2024.

• Gross profit rose to Rp7.17 trillion, up from Rp6.39 trillion year-over-year.

• Earnings per share increased to Rp23.48 from Rp21.44 in the prior year period.

• The company maintained a strong cash position with cash and equivalents at Rp7.01 trillion as of March 31, 2025.

Financial highlights

• Operating income for Q1 2025 was Rp1.26 trillion, up from Rp1.15 trillion year-over-year.

• EBITDA margin and interest coverage ratios remained robust, with EBITDA to interest ratio above 2x as required by loan covenants.

• Total assets increased to Rp46.45 trillion from Rp38.80 trillion at year-end 2024.

• Total equity attributable to owners rose to Rp17.33 trillion from Rp16.38 trillion at December 31, 2024.

• Net cash from operating activities was Rp3.55 trillion, up from Rp795 billion in Q1 2024.

Outlook and guidance

• Management continues to focus on network expansion, digital transformation, and operational efficiency.

• The company is assessing the impact of new accounting standards effective in 2025 and 2026.

• No formal quantitative guidance was provided for the remainder of 2025.