TLK FY 2023 Earnings Report — Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Revenue & Financial Results | Market Cap Arena

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia TbkTLK

FY 2023 Earnings

Reported December 29, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$8.6B	—	$8.5B	—	1.3%
Op. Income	$2.6B	—	$2.3B	—	12.0%
Gross Margin	69.1%	—	70.4%	—	-1.3pp
Net Margin	16.4%	—	14.1%	—	2.3pp
EPS (Diluted)	$1.43	—	$1.61	—	-11.3%
Free Cash Flow	$1.6B	—	$2.2B	—	-29.6%

Revenue Flow

Item	Amount
REVENUE	$8.6B
Cost of Revenue	$2.7B
GROSS PROFIT	$6.0B
R&D Expenses	$0
Selling & Marketing	$204M
General & Administrative	$1.2B
SG&A Expenses	$1.4B
Other Expenses	$1.9B
Operating Expenses	$3.4B
Cost & Expenses	$6.1B
OPERATING INCOME	$2.6B
Interest Income	$61M
Interest Expense	$271M
Other Income/Expenses	-$210M
INCOME BEFORE TAX	$2.4B
Income Tax Expense	$508M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$1.9B
EBIT	$2.6B
EBITDA	$4.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$8.6B
Cost of Revenue	$2.7B
GROSS PROFIT	$6.0B
R&D Expenses	$0
Selling & Marketing	$204M
General & Administrative	$1.2B
SG&A Expenses	$1.4B
Other Expenses	$1.9B
Operating Expenses	$3.4B
Cost & Expenses	$6.1B
OPERATING INCOME	$2.6B
Interest Income	$61M
Interest Expense	$271M
Other Income/Expenses	-$210M
INCOME BEFORE TAX	$2.4B
Income Tax Expense	$508M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$1.9B
EBIT	$2.6B
EBITDA	$4.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$1.9B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$207M
Change in Working Capital	$0
OPERATING CASH FLOW	$3.5B
Capital Expenditure	-$1.9B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$191M
NET CASH FROM INVESTING	-$2.1B
Net Debt Issuance	-$179M
Common Stock Repurchased	$0
Common Dividends Paid	-$960M
Other Financing Activities	-$397M
NET CASH FROM FINANCING	-$1.5B
FREE CASH FLOW	$1.6B
Net Change in Cash	-$170M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$82M
Net Receivables	$789M
Inventory	$58M
Other Current Assets	$77M
TOTAL CURRENT ASSETS	$3.2B
PP&E (Net)	$11.4B
Goodwill	$63M
Intangible Assets	$557M
Long-Term Investments	$472M
Tax Assets	$241M
Other Non-Current Assets	$649M
TOTAL NON-CURRENT ASSETS	$13.3B
TOTAL ASSETS	$16.6B
Account Payables	$1.1B
Short-Term Debt	$1.2B
Deferred Revenue	$396M
Other Current Liabilities	$83M
TOTAL CURRENT LIABILITIES	$4.1B
Long-Term Debt	$1.6B
Deferred Revenue NC	$150M
Deferred Tax Liabilities	$49M
Other Non-Current Liabilities	$743M
TOTAL NON-CURRENT LIABILITIES	$3.4B
TOTAL LIABILITIES	$7.5B
Common Stock	$286M
Additional Paid-In Capital	$157M
Retained Earnings	$6.5B
Treasury Stock	$0
Accum. Other Comp. Income	$938M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.8B
Minority Interest	$1.2B
TOTAL EQUITY	$9.0B
TOTAL LIABILITIES & EQUITY	$16.6B
Total Debt	$3.9B
Net Debt	$2.3B