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20231011_DOOH_Laporan Informasi dan Fakta Material_31447888_lamp2.pdf
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Press Release
SSPACE [DOOH]'S PROFIT INCREASED 39.28% ON THE BACK OF
ADVERTISING SALES AFTER THE PANDEMIC AND AHEAD OF THE
POLITICAL YEAR
Jakarta, October 10, 2023 - PT Era Media Sejahtera Tbk- SSPACE (IDX:DOOH) successfully
recorded positive performance throughout the third quarter of 2023. The Company's Net
Income experienced a significant growth of 39.28% from Rp. 5.35 Billion in September 2022
to Rp. 7.45 Billion as stated in the Company's financial statements for the period ended
September 30, 2023. The Company's revenue also increased by 430.4% from Rp. 25.81 Billion
in September 2022 to Rp. 136.91 Billion in September 2023. This DOOH performance is
inseparable from the surge in advertising sales that occurred after the pandemic and the
period leading up to the political year.
On the other hand, the Company's Assets also continued to grow and recorded an increase
of 206.9% to Rp. 247.56 Billion compared to the position at the end of 2022 which amounted
to Rp. 80.64 Billion. The Company's equity also increased by 248.34% to Rp. 224.41 Billion
compared to the equity position at the end of 2022 which amounted to Rp. 64.42 Billion.
As is known, DOOH as a media owner always innovates to win the competition in the
advertising industry. In 2023, the Company has introduced Guaranteed ROAS (Return of Ad
Spending) advertising service that guarantees the sales of Brands/Advertisers so as to
optimize their advertising budget. This Guaranteed ROAS is an advertising concept that is a
competitive advantage for DOOH over other competitors in the advertising industry.
DOOH President Director, Vicktor Aritonang, said, "DOOH's good performance throughout
2023 cannot be separated from the efforts of all individuals within DOOH and the cooperation
of our strategic partners, so that we can achieve an encouraging performance. With the
Guaranteed ROAS strategy and the Ads Platform that we are about to launch, we are
optimistic that the company's performance trend will continue to improve going forward.
With the creativity and synergy created with various parties, DOOH will continue to grow even
faster and become a reference for the development of the advertising industry in Indonesia. "
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About SSPACE PT Era Media Sejahtera Tbk or SSPACE is a provider of various advertising services and business management consulting. Starting its business in 2021 by running business activities as an Agency Company and experiencing rapid development until in 2022 SSPACE as a Media Owner with a portfolio of media assets spread across various locations in the island of Java. SSPACE has advertising business activity services that combine Out Of Home (OOH) and Digital Out Of Home (DOOH) advertising media in the Transportation ecosystem, Stalls, Public Areas, Retail Areas, Digital Advertising, and also business management consulting to help optimize advertising spending. SSPACE has a competitive advantage in providing advertising services, namely the 100% ROAS (Return on Ad Spend) Guarantee where SSPACE can provide advertising services until product sales conversion with the converted product value proportional to the value of the advertisement. In running its business, SSPACE also collaborates with other media owners, namely Advertising Agencies, and various Advertisers. Since listing its shares on the Indonesia Stock Exchange (IDX) on May 08, 2023 with the stock code DOOH, SSPACE continues to realize the Company's vision of becoming the largest and most trusted advertising media pioneer in Indonesia, improving and helping business people in Indonesia achieve goals in the form of revenue and business improvement through the Company's advertising media.". More information can be found on the website: https://www.sspace.id/ Media Contact Devi Nisa Suhartono Corporate Secretary PT Era Media Sejahtera Tbk. corporate@sspace.id Telephone ; +62 217 654 937 Facsimile : +62 217 654 938
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