DMMX - PT. Digital Mediatama Maxima Tbk

Rp 1.215

-10 (-1,00%)

JAKARTA - PT Digital Mediatama Maxima Tbk (DMMX) continued its robust story with FY21 revenue and attributable net profit growing 122.4% YoY and 649.9% YoY, to Rp1.2 trillion and Rp239.4 billion, respectively. Top-line growth was largely driven by Infrastructure-as-a-Services (IAAS) and trade marketing segment. 

DMMX’s IAAS segment delivered strong top-line growth of 241.5%YoY to Rp36 billion in FY21, with total IAS site rose by 82.8% YoY in FY21 mostly supported from Alfamart and KFC. Trade marketing segment revenues grew 143.2% YoY to Rp 993.9 billion in FY21, supported by 40.2% YoY increase in number of Pojok Bayar outlet members to 117,643 as of end December 2021. Meanwhile, DMMX also reported two revenue streams in 2021, which are digital wholesale amounting Rp2.1 billion as well as content and entertainment amounting Rp322 million.

Operating profit saw a robust performance with growth recorded at 19.8% YoY, from Rp25.6 billion in 2020 to Rp30.7 billion. Adding weight at the bottom line is also gain on other investments of Rp214 billion in 2021. The result, DMMX net profit managed to jump by 649.9% YoY, from Rp32 billion in 2020 to Rp239 billion in 2021. (LM)