20240624_MSIN_Laporan Informasi dan Fakta Material_31674011_lamp2.pdf

    MSIN Financial Performance Highlights (FY-2023 and Q1-2024)

   MSIN, a subsidiary of PT Media Nusantara Citra Tbk (IDX: "MNCN"), reported revenue of Rp2,953 billion for
    FY-2023, marking a 16% YoY decrease from Rp3,518 billion in 2022. In Q1-2024, revenue reached Rp761
    billion, showing a 29% QoQ increase from Rp588 billion in Q4-2023.
   In 2023, due to some efficiency in direct cost and general & administrative expense, EBITDA and net income
    margin are kept at a stable level of 21% and 9%, respectively. However, as a result of the Company’s
    pressured revenue, EBITDA has decreased by 16% YoY to Rp622 billion and net income by 22% YoY to Rp265
    billion. However, the Company’s showed resiliency in Q1-2024, as EBITDA reached Rp208 billion with an
    EBITDA margin of 27% and net income went up YoY to Rp117 billion from Rp109 billion in Q1-2023. Both
    EBITDA and net income have seen a significant improvement on a quarterly basis from Q4-2023.


            Revenue                                  EBITDA                               Net Income
       (in Billion Rupiah)                     (in Billion Rupiah)                     (in Billion Rupiah)




For further information, please contact:                                    PT MNC DIGITAL ENTERTAINMENT TBK
Investor Relations:                                                                         MNC Tower, 29th floor
   Luthan Fadel Putra                                                                   Jl. Kebon Sirih Kav 17 - 19
   luthan.putra@mncgroup.com                                                                        Jakarta 10340
                                                                                          Phone: 62-21 3913338
                                                                                            Fax : 62-21 3910454




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