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Smartfren Telecom Ord Shs
Previous close
Rp 23.00
Year range
Rp 22.00 - Rp 53.00
Market cap
10.96T IDR
Market news
Financials
Income Statement
Revenue
Net income
(IDR) | Dec 2024info | Y/Y change |
---|---|---|
Revenue | 2.88T | -4.94% |
Operating expense | 5.79T | 258.04% |
Net income | -287.22B | -158.53% |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | 630.52B | -10.54% |
Effective tax rate | 16.23% | — |
Balance Sheet
Total assets
Total liabilities
(IDR) | Dec 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.19T | 0.34% |
Total assets | 43.18T | -4.13% |
Total liabilities | 21.74T | -26.00% |
Total equity | 21.45T | — |
Shares outstanding | 477.90B | — |
Price to book | 0.51 | — |
Return on assets | -0.85% | — |
Return on capital | -0.92% | — |
Cash Flow
Net change in cash
(IDR) | Dec 2024info | Y/Y change |
---|---|---|
Net income | -287.22B | -158.53% |
Cash from operations | -128.22B | 40.00% |
Cash from investing | -360.34B | -278.08% |
Cash from financing | 457.36B | 2,153.70% |
Net change in cash | -30.55B | 9.72% |
Free cash flow | -4.90T | -1,863.01% |
About
Smartfren is an Indonesian wireless network operator headquartered in Central Jakarta. It is part of XLSmart, which jointly owned by Indonesian conglomerate Sinar Mas and Malaysia-based Axiata. Smartfren operates exclusively using a 4G LTE network after shifting away from CDMA technologies in 2014. As of 2018, Smartfren has 10.1 million active subscribers, making them the fifth-largest wireless carrier in the country.
Smartfren provides wireless voice and data services in Indonesia, which it claims is available in over 200 cities. In 2015, the company launched their LTE Advanced network, becoming the first in the country to do so.
On 11 December 2024, Smartfren announced that it will merge with XL Axiata for IDR 104 trillion or USD 6,5 billion, creating the country's new telecommunication powerhouse. The merger with make Smartfren absorbed into the new entity called XLSmart Telecom Sejahtera, while the merger will be occur in the first half of 2025. The Smartfren-branded services will continue to operate within the new entity, along with XL and Axis. Wikipedia
CEO
Founded
Dec 2, 2002
Headquarters
Website
Employees
1,672