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Extracted text 55
Page 1
ONE TEAM TOGETHER BIGGER BETTER STRONGER
Page 2
MAP ACTIVE IS
A GROWTH
17.2
Trillion
13.6
COMPANY
Trillion
9.8
SALES IN IDR
Trillion
7.5 6.0
Trillion
6.3 Trillion
Trillion 4.8
Trillion
1997 2001 2015
1st Royal Sporting 200 stores 780 stores
House store CVC Partnership
50 Stores
1991 1999 2008 2018 2019 2020 2021 2022 2023 2024
Launch Expansion 1,195 Expansion Expansion >>2000
Founded
Sports Station
Kidz Station
Planet Sports
500 stores
IPO Vietnam Philippines stores Singapore Cambodia Stores
Astec Thailand Malaysia
Golf House Athlete’s Foot
Private & Confidential 2
Page 3
THE FASTEST MOVER IN THE
GLOBAL SPORTS INDUSTRY
THE TOP 30 A US$ 1B
WORLD’S GLOBALLY COMPANY
FASTEST IN 2024
GROWING #1 Continued Revenue growth
+26.7% ’24 vs ‘23
Sports Retailer In Southeast Asia
‘22 vs ‘23
Source: Sporting Goods Intelligence, October 18, 2024; MAPA FY 2024 report. Average 2024 exchange rate used USD1 = IDR15,866
3
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TO EMPOWER
ACTIVE LIVING &
MOVEMENT FOR
EVERYONE,
EVERYDAY
4
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CONNECTING THE
WORLD’S MOST DYNAMIC
ACTIVE & LIFESTYLE
BRANDS TO THE RIGHT
PEOPLE, PLACE AND TIME
5
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WE DO WHAT OTHERS CAN’T…
BUILD, MOVE &
GROW BRANDS
AT SCALE.
6
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DRIVEN BY OUR BELIEF THAT
GROWTH
DEMANDS
Move fast Decide with data
Stay agile Win with insight
Execute locally Innovate boldly
Drive regionally Improve what matters
MOVEMENT
7
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DISTRIBUTION BRANDS
Sports Leisure Kids
*
*
* * *
*
* * * * * *
* * * * * *
* * * * *
and more… and more… and more…
*Non Exclusive Private & Confidential 8
Page 9
A SCALABLE,
MULTI-FORMAT MONOBRAND
MULTI-BRAND
LICENSED
MULTIBRAND
OWNED
RETAIL
ECOSYSTEM
ACROSS
* *
SPORTS
*
And more
*Non Exclusive
Private & Confidential 9
Page 10
A SCALABLE,
MULTI-FORMAT MONOBRAND
MULTI-BRAND
LICENSED
MULTIBRAND
OWNED
RETAIL
ECOSYSTEM
ACROSS
LEISURE
Private & Confidential 10
Page 11
A SCALABLE,
MULTI-FORMAT MONOBRAND
MULTIBRAND
OWNED
RETAIL
ECOSYSTEM
ACROSS
KIDS
Private & Confidential 11
Page 12
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STRATEGIC GROWTH PILLARS
our vision
TO EMPOWER
ACTIVE LIVING & MOVEMENT
FOR EVERYONE, EVERYDAY
• Be The #1 Long Term Growth Partner For
Global Active & Lifestyle Brands.
• Serve Active & Lifestyle Consumers
Everywhere, Every Day.
• Win with Data.
• Expand with Focus. Operate with Discipline.
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BE THE #1 LONG TERM GROWTH PARTNER
FOR GLOBAL ACTIVE & LIFESTYLE BRANDS
30+ years Custodians New brands onboarded,
trusted partnerships of best-in-class global brands scopes expanded
NEW BRANDS EXPANDED
*
*
*Non Exclusive 14
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SERVE ACTIVE & LIFESTYLE CONSUMERS—
EVERYWHERE, EVERY DAY.
+49% IN DIGITAL SALES
‘23 vs ’24
Marketplace +115% YoY
Digital fulfillment
Partnerships from store
On-site
Live Shopping
Personalization
Endless Aisle
(Save the Sale)
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WIN WITH DATA
Powered by MAPCLUB
>12M Members MAPA acquired 1.4 Million new
MAPCLUB members in 2024
DATA DRIVES OUR BUSINESS FORWARD
Optimized Improved retail Cross department
inventory, allocation, execution, staff data dashboards
and in-store productivity, and in-
availability through store compliance
automation
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Expand with Focus.
Operate with Discipline.
Accelerated opening of most Data informed
successful concepts across SEA 2nd tier city expansion
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FINANCIAL
HIGHLIGHTS
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FINANCIAL HIGHLIGHTS
Unaudited Audited
in IDR Billion Q1 Q1 % Growth FY FY
2025 2024 2024 2023
Net Sales 4,319 3,693 17.0% 17,184 13,559
Gross Profit 2,041 1,768 15.4% 7,922 6,597
% Margin 47.2% 47.9% 46.1% 48.7%
EBIT 468 405 15.5% 2,155 2,033
% Margin 10.8% 11.0% 12.5% 15.0%
EBITDA 798 707 12.8% 3,368 2,963
% Margin 18.5% 19.2% 19.6% 21.9%
Net Profit 339 283 19.5% 1,338 1,384
% Margin 7.8% 7.7% 7.8% 10.2%
Net Profit After
340 281 20.8% 1,355 1,388
Minority Interest
% Margin 7.9% 7.6% 7.9% 10.2%
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NET SALES & GROWTH ( IDR bn, % )
2020 (A) 2021 (A) 2022 (A) 2023 (A) 2024 (A) 1Q24 (UA) 1Q25 (UA)
% GROWTH
-36.0% 26.4% 62.2% 38.3% 26.7% 35.6% 17.0%
YoY
NET SALES
17,184
13,559
9,801
6,042
4,781 4,319
3,693
2020 2021 2022 2023 2024 1Q24 1Q25
In Billion Rupiah
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ONLINE PLATFORM
ACTIVE
3rd Party Marketplace
SPORTS STATION NEW BALANCE ID
SHOPEE
PLANET SPORTS.ASIA NEW BALANCE TH
LAZADA
FOOT LOCKER ID ALDO ID
TOKOPEDIA
FOOT LOCKER MY ALDO MY
ZALORA
FOOT LOCKER PH ALDO SG
TIKTOK
FOOT LOCKER SG ALDO TH
FOOT LOCKER TH CROCS ID WHATSAPP CHAT AND BUY
FOOT LOCKER VN FITFLOP ID
CONVERSE ID REEBOK ID
MAP CLUB
CONVERSE MY SKECHERS ID
CONVERSE PH KIDZ STATION ID
SUMMARY
CONVERSE SG LINEA SHOES ID
Online Platforms : 30
CONVERSE VN STEVE MADDEN ID
3rd Party Platforms : 5
HOKA ID BRICKSACTIVE ID
HOKA PH
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ONLINE CONTRIBUTION
DIGITAL SALES PERFORMANCE
CHANNEL 2021 2022 2023 2024 1Q24 1Q25
CONTRIBUTION
BREAKDOWN 13.6% 8.9% 9.1% 9.7% 10.0% 9.3%
1,675
1,234
825 876
369 400
54% 46 % 2021 2022 2023 2024 1Q24 1Q25
Own Platform 3rd Party
Marketplace
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INVENTORY LEVEL (Days, %)
AGING INVENTORY 2020 2021 2022 2023 2024 1Q25
38% 45% 18% 21% 26% 29%
INVENTORY DAYS
255
237
177 182 185 174
2020 2021 2022 2023 2024 1Q25
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BALANCE SHEET (IDR bn)
Unaudited Audited Unaudited Audited
ASSETS As of As of As of LIABILITIES & EQUITY As of As of As of
31 MAR ’25 31 DEC ’24 31 DEC ’23 31 MAR ’25 31 DEC ’24 31 DEC ’23
CASH & EQUIVALENTS 800 1,041 1,099 BANK LOAN 475 492 731
ACCOUNT RECEIVABLES 594 511 610 ACCOUNT PAYABLE 1,818 1,991 1,498
EMPLOYEE BENEFIT
INVENTORIES 5,418 5,189 4,315 196 188 172
OBLIGATIONS
PROPERTY, PLANT,
2,820 2,632 1,814 LEASE LIABILITY 2,079 2,117 1,736
EQUIPMENT
ROU - NET 2,391 2,402 1,947 OTHER LIABILITIES 1,065 931 789
EQUITY & MINORITY
OTHERS 1,146 1,064 1,019 7,536 7,120 5,878
INTEREST
TOTAL ASSETS 13,169 12,839 10,804 TOTAL LIABILITIES & EQUITY 13,169 12,839 10,804
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NEW STORE
HIGHLIGHTS
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NEW BALANCE UCC SENAYAN CITY JAKARTA, INDONESIA
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FOOT LOCKER DUTA MALL BANJARMASIN KALIMANTAN, INDONESIA
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SEA’S LARGEST LEGO CERTIFIED STORE SENAYAN CITY JAKARTA, INDONESIA
Page 29
NEW CONCEPT KIDZ STATION GANDARIA CITY JAKARTA, INDONESIA
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CONVERSE SENAYAN CITY JAKARTA, INDONESIA
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SPORTS STATION AEON DELTA MAS JAKARTA, INDONESIA
Page 32
ASTEC PAKUWAN BEKASI BEKASI, INDONESIA
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STEVE MADDEN
PAKUWON
BEKASI, INDONESIA
Page 34
PLANET SPORTS PAKUWAN JOGJA YOGYAKARTA, INDONESIA
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HOKA TUNJUNGAN PLAZA 5 SURABAYA, INDONESIA
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ADIDAS TUNJUNGAN PLAZA - 5 SURABAYA, INDONESIA
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CROCS TUNJUNGAN PLAZA - 5 SURABAYA, INDONESIA
Page 38
Dr. MARTENS TUNJUNGAN PLAZA SURABAYA, INDONESIA
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STACCATO Q MALL BANJAR BARU KALIMANTAN, INDONESIA
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TEVA GREENHILLS MANILA, PHILIPPINES
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FOOT LOCKER UP TOWN CENTER MANILA, PHILIPPINES
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Dr. MARTENS ROBINSON MANILA MANILA, PHILIPPINES
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SKECHERS MARKET MARKET MANILA, PHILIPPINES
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NEW BALANCE SAIGON CENTER HO CHI MINH CITY, VIETNAM
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NEW BALANCE VINCOM DONG KHOI HO CHI MINH CITY, VIETNAM
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CROCS SIHANOUKVILLE, CAMBODIA
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NEW BALANCE SIHANOUKVILLE, CAMBODIA
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NEW BALANCE ONE BANGKOK BANGKOK, THAILAND
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Dr. MARTENS CENTRAL WORLD, BANGKOK, THAILAND
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HOKA ION ORCHARD, SINGAPORE
Page 51
Dr. MARTENS TRX KUALA LUMPUR, MALAYSIA
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ALDO KLCC KUALA LUMPUR, MALAYSIA
Page 53
WE’VE GOT
YOU COVERED
24/7 LOOK GOOD
365 FEEL GOOD
53
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BIGGER
Trusted by the world’s top brands to deliver
premium experiences at scale—consistently,
reliably across Southeast Asia’s most important
markets.
BETTER
A partner built for long-term growth—data-driven,
category-focused, and always evolving to serve
consumers better and move faster.
STRONGER
With more of the world’s leading brands choosing
MAP Active, we’ve become the preferred growth
engine—and trusted custodian—for their success in
Asia.
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THANK
YOU
55
Names mentioned 4 people and organisations named in the text · linked when the evidence is strong
unresolved
person
Dr. MARTENS TUNJUNGAN PLAZA SURABAYA
p.38
unresolved
person
Dr. MARTENS ROBINSON MANILA MANILA
p.42
unresolved
person
Dr. MARTENS CENTRAL WORLD
p.49
unresolved
person
Dr. MARTENS TRX KUALA LUMPUR
p.51
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