Back to announcement
20240801_FILM_Laporan Informasi dan Fakta Material_31690241_lamp1.pdf
Other Text extracted FILMSource file signed link, expires in 15 minutes
Extracted text 6
Page 1
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
MD Entertainment Continues to Lead the Media and Entertainment Industry
Jakarta, July 30, 2024 – PT MD Entertainment Tbk (FILM) solidifies its
position as the market leader in the media and entertainment industry by
consistently delivering diverse content that caters to local tastes. With
robust financials, a strong balance sheet with a net cash position (enabling
the company to distribute 2023 DPS of IDR25 totaling IDR237bn, DPR of
250%), and solid management, MD Entertainment continues to achieve
unprecedented heights. To date, five of FILM’s movies are ranked among
this year’s top-15 most viewed movies. The company's innovative
approach and commitment to quality have set new benchmarks in the
industry.
Top-15 most viewed movies 2024 YTD
Rank Movie title Production house Viewers
1 Agak Laen Imajinari Pictures 9,127,602
2 Vina: Sebelum 7 hari Dee Company 5,815,043
3 Ipar adalah Maut MD Entertainment 4,758,487
4 Badarawuhi di Desa Penari MD Entertainment 4,015,120
5 Siksa Kubur Rapi Films 4,000,826
6 Sekawan Limo Starvision Plus 2,303,234
7 Pemandi Jenazah VMS Studio 1,645,513
8 Ancika: Dia yang Bersamaku 1995 MD Entertainment 1,318,885
9 The Architecture of Love Starvision Plus 1,003,999
10 Kereta Berdah MVP Pictures 1,000,027
11 Jurnal Risa by Risa Saraswati MD Entertainment 838,763
12 Trinil: Kembalikan Tubuhku Dapur Film 835,126
13 Munkar MD Entertainment 773,367
14 Menjelang Ajal Rapi Films 711,122
15 Tuhan, Izinkan aku Berdosa MVP Pictures 655,725
Sources: cinepoint (data as of 30/07)
Leading the industry 1
Page 2
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
FILM’s latest hits dominating the Indonesian cinema
"Ipar Adalah Maut" and "Badarawuhi: Di Desa Penari" have ranked
among the most-viewed movies this year, with both being highly
anticipated releases. These films have been included in the top-50 most-
viewed Indonesian movies of all time, ranking 10th and 15th respectively.
"Ipar Adalah Maut" has garnered 4,758,487 views and continues to attract
audiences as it is currently airing in cinemas. Meanwhile, "Badarawuhi: Di
Desa Penari" has achieved 4,015,120 views. These significant milestones
have enabled FILM to capture a market share of 27.3%, solidifying its
remarkable stance in the industry.
As part of the plan to penetrate domestic content entertainment, FILM has
also aggressively penetrated TV series like “Kawin Tangan” through its
local partner, WeTV (owned 14.6% stake – via Tencent - in the company).
Other titles like “Induk Gajah” and “Cinta Dua Dunia” will be introduced
shortly on third-party digital platforms.
Manoj Punjabi, CEO of MD Entertainment, stated, "I always prioritize
quality and strive to create trends rather than follow them. In Indonesia,
the most popular genres are horror and drama, and I have a strong
intuition about which films will succeed."
Leading the industry 2
Page 3
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
Top-20 most viewed movies of ALL TIME
Rank Movie title Production house Viewers
1 KKN di Desa Penari MD Entertainment 10,061,033
2 Agak Laen Imajinari 9,127,602
Warkop DKI Reborn: Jangkrik Boss!
3 Falcon Pictures 6,858,616
Part 1
4 Pengabdi Setan 2: Communion Rapi Films 6,391,982
5 Dilan 1990 Max Pictures 6,315,664
6 Miracle in Cell No.7 Falcon Pictures 5,852,916
7 Vina: Sebelum 7 Hari Dee Company 5,815,492
8 Dilan 1991 Max Pictures 5,253,411
9 Sewu Dino MD Entertainment 4,886,406
10 Ipar Adalah Maut MD Entertainment 4,752,342
11 Laskar Pelangi Miles Films 4,719,453
12 Habibie & Ainun MD Entertainment 4,583,641
13 Pengabdi Setan Rapi Films 4,208,103
Warkop DKI Reborn: Jangkrik Boss
14 Falcon Pictures 4,083,190
Part 2
15 Badarawuhi di Desa Penari MD Entertainment 4,015,120
16 Siksa Kubur Rapi Films 4,000,826
17 Ayat-Ayat Cinta MD Entertainment 3,676,210
18 Ada Apa Dengan Cinta 2 Miles Films 3,665,509
19 Suzzanna: Bernapas Dalam Kubur Soraya Films 3,346,185
20 Di Ambang Kematian MVP Pictures 3,302,047
Sources: cinepoint (data as of 30/07)
Leading the industry 3
Page 4
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
Upcoming movies
Azzamine Laura: A True Story of Perewangan
Drama movie a Fighter Horror movie
August 22, 2024 Drama movie Date tbd.
September 12, 2024
Upcoming series
Kawin tangan Induk Gajah Season 2 Cinta Dua Dunia
Drama series Drama series Drama series
June 14, 2024 August 1, 2024 Date tbd.
Leading the industry 4
Page 5
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
Financial highlights
YoY QoQ YoY
(IDR bn) 1H23 1H24 2Q23 1Q24 2Q24
(%) (%) (%)
Revenue 205.3 217.4 5.9 144.1 54.2 163.2 200.9 13.2
Gross profit 141.8 143.4 1.1 112.9 28.9 114.5 295.3 6.2
EBIT 78.1 76.7 (1.8) 72.7 (3.9) 80.6 n/a 10.8
Pre-tax profit 78.9 96.8 22.7 75.9 5.1 91.7 1698.0 20.8
Net profit* 62.1 77.2 24.3 57.5 4.6 72.6 1478.3 26.3
Gross margin (%) 69.1 66.0 74.7 53.3 70.1
EBIT margin (%) 38.0 35.3 50.4 (7.2) 49.4
Pre-tax margin (%) 38.4 44.5 52.7 9.4 56.2
Net margin (%) 30.2 35.5 39.9 8.5 45.2
*Net profit attributable to: Owners of the parent
FILM booked 1H24 strong net profit of IDR72.6bn, an increase of 24.3%
yoy compared to 1H23’s IDR62.1bn. This growth was reflected in the
2Q24 performance of its two blockbuster movies, “Ipar Adalah Maut” and
“Badarawuhi: Di Desa Penari“. Note that “Ipar Adalah Maut” is still
counting; hence, it has not been fully reflected in 2Q24 revenues. This is
not to mention that FILM had not introduced any new content, which limit
its digital revenues.
FILM’s EBIT of IDR76.7bn slightly declined (-180bps) due mainly to the
high production cost of its IMAX “Badarawuhi: Di Desa Penari“ movie.
However, it should be viewed as part of its long-term strategy to quality
local content with high-resolution pictures into the global market. Below
the operating line, FILM managed to book net interest income, well
supported by its strong position worth IDR582.1bn as of June 30, 2024.
Leading the industry 5
Page 6
PT. MD Entertainment Tbk (“FILM”)
Press release 2Q24 results | July 2024
FILM’s Future Plans: Global Expansion to Reach New Heights
FILM aims to expand its reach through international distribution
partnerships and co-productions with major Hollywood studios in the
future. The management believes this would become a leading growth
engine in the long run.
In March 2024, FILM officially announced a global distribution partnership
with LIONSGATE Entertainment Corp., a well-known player in the
Hollywood industry. "Dancing Village: The Curse Begins" marked the first
milestone of this partnership, being successfully distributed nationwide in
the USA. This collaboration is set to broaden the audience reach, ensuring
that FILM's movie creations captivate viewers on a global scale.
FILM is also exploring potential co-productions with major Hollywood
production houses. These collaborations may involve phased capital
injections to support movie production, enabling risk mitigation and
sustainable partnership growth. Leveraging international marketing
channels will significantly broaden FILM's audience reach.
Additionally, FILM is considering inorganic expansion to grasp broader
demographics and distribute its content through various methods,
including TV networks and OTT platforms. This strategy would open new
revenue streams for FILM, including advertising revenue.
Leading the industry 6
Names mentioned 2 people and organisations named in the text · linked when the evidence is strong
unresolved
org
LIONSGATE Entertainment Corp.
p.6
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.