20250429_WIRG_Laporan Informasi dan Fakta Material_31879046_lamp3.pdf

                                       INVESTOR RELEASE
                                          PT WIR ASIA TBK

                   RESULTS SUMMARY FOR
  THE THREE-MONTH PERIOD OF 2024

THE COMPANY RECORDS POSITIVE PERFORMANCE
GROWTH OVER THE THREE-MONTH PERIOD OF
2024
PT WIR ASIA Tbk (BEI: “WIRG” or the “Company”) today reported its financial and
operational performance for the first quarter of 2025. The Company recorded
consolidated revenue of IDR 673.3 billion. During this three-month period, both EBITDA
and net profit increased by 13.1% and 5.2%, respectively, compared to the first quarter of
2024. The Company continues its commitment to optimizing resource utilization and
implementing cost efficiency on a sustainable basis.

In the first quarter of 2025, the Company maintained solid performance, demonstrating
effective operational management that directly contributed to the improvement of its
margins and profits.




Graph 1 (in Billion Rupiah): Financial performance growth for the full-year periods of 2023 and 2024.




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OPERATING REVENUES




         Graph 2 (in Billion Rupiah): Revenue composition for the full-year periods of 2023 and 2024. 12



    In the first quarter of 2025, the Company recorded a slight increase in revenue of 0.1% to
    IDR 673.3 billion, compared to IDR 672.6 billion in the same period of 2024 (3M-2024).
    This growth was primarily driven by the goods sales and transaction commission
    segment, which rose by 2.7% to IDR 592.3 billion from IDR 576.7 billion in the first quarter
    of the previous year.




1
 Includes revenue from Software Application Development and Brand & IT Consulting
2
 Includes revenue from Digital Product Sales via Interactive Platform, Goods Sales via Interactive
Platform, and Promotion and Advertising via Interactive Platform

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COST OF REVENUE
In the first quarter of 2025, the Company recorded a cost of revenue of IDR 591.2 billion,
which showed a slight increase of IDR 0.4 billion or 0.1% compared to IDR 590.7 billion in
the same period of the previous year. This increase aligns with the growth in revenue,
particularly from the bespoke solutions segment and promotional and advertising services
through interactive platforms as part of the Company’s digital platform solutions.

OPERATING EXPENSES
Operating expenses were recorded at IDR 33.7 billion in the first quarter of 2025, a
decrease of IDR 5.9 billion or 15.1% compared to IDR 39.7 billion in the first quarter of
2024. This decline in operating expenses was mainly driven by efforts to optimize and
improve the efficiency of marketing costs, making them more effective.

EBITDA
The Company consistently posted positive EBITDA, which increased by 13.1% to IDR
53.4 billion in the first quarter of 2025, compared to IDR 47.2 billion in the same period of
the previous year. EBITDA margin also increased from 7.0% to 7.9%. This positive
performance is in line with revenue growth and improved operational efficiency.

This positive performance reflects the Company’s revenue growth and efficient
operational cost management throughout the first quarter of 2025, demonstrating its
success in executing strategic growth initiatives and managing data resources effectively.

NET INCOME
The Company’s consolidated net profit grew by 5.2% to IDR 30.4 billion in the first quarter
of 2025, compared to IDR 28.9 billion in the same period of 2024. This increase also
contributed to a rise in the net profit margin from 4.3% to 4.5%. The growth in net profit
reflects the successful implementation of operational efficiency and the Company’s ability
to maintain consistent and sustainable revenue growth.

The growth in net profit and profitability margin reflects the positive results of the
Company’s successful efforts in optimizing operational cost efficiency while maintaining
consistent, sustainable, and continuous revenue growth.




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REMARK FROM STEPHEN BUDIMAN, PRESIDENT DIRECTOR OF PT
WIR ASIA Tbk

“In the first quarter of 2025, the Company successfully maintained its business growth,
recording a revenue of IDR 673.3 billion. Additionally, the Company achieved an increase
in both EBITDA and net profit, which grew by 13.1% and 14.8%, reaching IDR 53.4 billion
and IDR 48.4 billion, respectively. Net profit also saw a 5.2% increase, rising to IDR 30.4
billion, compared to IDR 28.9 billion in the same period of the previous year.”



SUMMARY OF FINANCIAL PERFORMANCE




About WIR GROUP

PT WIR ASIA Tbk (BEI: “WIRG” or “the Company”) is a leading immersive and Web3
technology company based in Southeast Asia. Specializing in Augmented Reality (AR),
Virtual Reality (VR), and Artificial Intelligence (AI), the Company holds five global patents
for AR registered with the Patent Cooperation Treaty (PCT). Leveraging these AR, VR,
and AI features, the Company offers bespoke solution services and digital platform
solutions with Business-to-Business (B2B) and Business-to-Business-to-Consumer
(B2B2C)/Business-to-Consumer (B2C) business models to partners across various
industrial sectors, operating on a Software-as-a-Service (SaaS) basis.

Bespoke solution service is a tailored solution that the Company provides to its
customers/partners according to its needs and requests. Bespoke solution is
characterized as project basis and generated income segments in software application
development and brand & IT consulting. Platform solutions is a digital business solution
for the Company’s partners and customers in order to reach a wider customer base.
Platform solutions is characterized as recurring and generated income segments of sale
of various goods via the platform, the sale of digital products via the platform, transaction
commissions via the platform, as well as promotions and advertising via the platform.

                                          --End—


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