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20240401_BCAP_Laporan Informasi dan Fakta Material_31622267_lamp1.pdf
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Summary of FY-2023 Results
(Audited)
Jakarta, April 1, 2024 – PT MNC Kapital Indonesia MNC Teknologi Nusantara at 0.6%, and others at
Tbk (IDX: BCAP) reported its audited financial 10.6%.
results for the year ended on December 31, 2023,
with consolidated revenue amounting to From a balance sheet perspective, BCAP's total
Rp2,954.3 billion, marking a 3.7% year-on-year consolidated assets reached Rp25.9 trillion in
(yoy) growth compared to the same period last 2023, gained 6.4% yoy compared to Rp24.3 trillion
year. BCAP's revenue in 2023 mainly came from in 2022. Meanwhile, the total consolidated
interest and dividends, reaching 63.5% of total liabilities amounted to Rp18.9 trillion, rose by 4.2%
consolidated revenue, with a nominal value of yoy from the previous year's Rp18.1 trillion, and
Rp1,874.8 billion, up by 12.2% yoy from the consolidated equity position of the Company
Rp1,670.3 billion in FY-2022. Additionally, the increased by 12.9% yoy to Rp7.0 trillion as of
Company's net premium income recorded a 6.2% December 31, 2023.
yoy hike to Rp348.8 billion, with digital income saw
a 12.5% yoy rise to Rp326.9 billion, capital market FY-2023 Financial Highlights
income touched Rp301.4 billion, while sharia in million Rupiah FY-2023 FY-2022
financing lease income and other operating Profit or Loss
income were Rp27.4 billion and Rp75.0 billion, Revenues 2.954.296 2.849.448
respectively, as of December 2023. The Company Interest and dividends income 1.874.772 1.670.327
recorded a net income of Rp77.6 billion in Capital market income 301.367 370.378
FY-2023, with total net income attributable to Net premium income 348.847 328.455
owners of the Company amounting to Digital income 326.893 290.617
Rp55.9 billion. Sharia financing lease income 27.380 15.345
Other operating income 75.037 174.326
Quarterly, the Company's total revenue in the Income Before Tax 156.615 278.079
digital sector continued an upward trajectory, Net income 77.585 148.008
increasing from Rp70.7 billion in Q3-2023 to Total net income attributable to :
Rp80.6 billion in Q4-2023, representing a 13.9% - Owners of the company 55.928 136.374
jump. Net premium income also surged by 46.6% - Non-controlling interests 21.657 11.634
from Rp80.9 billion in Q3-2023 to Rp118.5 billion in Total comprehensive income (loss)
Q4-2023. Compared to the same quarter of the for the period (12.688) 160.929
Total comprehensive income (loss)
previous year, the Company's revenue from net
attributable to :
premiums soared by 108.5% from Rp56.8 billion in - Owners of the company (33.620) 152.538
Q4-2022 to Rp118.5 billion in Q4-2023. - Non-controlling interests 20.932 8.391
(in full Rupiah)
Earnings per share 1,31 3,20
The highest contributor to BCAP's revenue came
from MNC Bank at 48.1% of total revenue, in million Rupiah FY-2023 FY-2022
Financial Position
followed by MNC Life at 10.6%, MNC Insurance at
Total assets 25.863.812 24.306.227
9.0%, MNC Finance at 8.4%, MNC Leasing at 5.7%,
Total liabilities 18.860.818 18.105.414
MNC Sekuritas at 5.5%, MNC Asset Management
Total equity 7.002.994 6.200.813
at 0.8%, FM Digital Solution at 0.7%,
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FY-2023 Revenue Contribution
Business Updates
In 2023, BCAP and Bank Kerjasama Rakyat In addition to enriching its capabilities with the
Malaysia Berhad (Bank Rakyat) collaborated to latest features, MNC Bank rebranded the
provide sharia financing facilities as well as MotionBanking app to MotionBank. It was done to
banking and remittance services to Indonesian reinforce its image as a digital banking
Migrant Workers (IMW) in Malaysia. Bank Rakyat application, offering all conveniences, and
will act as a banking service partner for IMW in positioning MotionBank as the top choice,
Malaysia, performing automatic deduction encouraging users to actively engage in numerous
transactions from the salaries received while banking activities anytime, anywhere. MotionBank
working in Malaysia directly to MotionBank app has also successfully adopted the Banking as
accounts. a Service (BaaS) business model, enabling non-
bank companies to access digital banking
BCAP persistently enhanced Motion Digital, which services through the Application Programming
consolidates transaction-based services such as Interface (API) system. With BaaS, the company
the MotionBank by MNC Bank, MotionTrade by will be more proactive in expanding its products
MNC Sekuritas, as well as MotionPay and Flash and financial services, as well as reaching a
Mobile by MNC Teknologi Nusantara. The broader user base, including the 'unbanked' and
applications within the Motion Digital ecosystem 'underbanked' segments.
will be seamlessly integrated to facilitate
customers in managing and monitoring their MNC Sekuritas operates MotionTrade, an online
transactions across various services, from daily stock and mutual fund trading application offering
banking transactions to digital financing, stock more than 190 complete and innovative products.
and mutual fund investments, and wealth Besides maintaining its position as one of the
management. leading retail brokerage service providers in
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Indonesia, MNC Sekuritas also affirms its presence in the underwriter industry. MNC Sekuritas actively
conducts capital market education activities and promotes the growth of the Sharia capital market in
Indonesia, one of which is by launching a philanthropy feature that facilitates investors in investing and
sharing. Throughout 2023, MNC Sekuritas won a number of awards, encompassing the Best AB SOTS
Partner Award in IDX Islamic Challenge 2023, Indonesia Digital Innovation & Achievement Awards 2023,
Indonesia Human Capital Brilliance Awards 2023, IDX Channel Anugerah Inovasi Indonesia 2023, 12th
Infobank-Isentia Digital Brand Recognition 2023, and international awards such as the annual
Asiamoney Brokers Poll 2023.
MNC Finance, the Company's subsidiary Shandong Heavy Industry Group (SHIG), one of the
providing refinancing services for vehicles largest heavy equipment and truck manufacturing
and properties, also attained recognition by companies in China, through its subsidiary
securing the "Very Good" performance at the SINOTRUK, has signed a joint venture (JV) agreement
2023 Infobank Multifinance Award event. with BCAP for ownership in MNC Leasing. Through
This award confirms MNC Finance's positive this collaboration, SINOTRUK will undoubtedly be able
achievements and commitment to delivering to strengthen its heavy equipment and truck sales
competitive and qualified consumer financing business in Indonesia, where MNC Leasing will be a
through diversified products accepted by strategic partner in providing financing to its
many segments of society. Through the customers. Meanwhile, for MNC Leasing, this
MotionCredit application, MNC Finance investment will fortify its capital structure and open
provides convenience for users to apply for up opportunities to obtain additional funding from
multipurpose financing anytime, anywhere, international partners, in addition to gaining new
directly from their smartphones. customers from SINOTRUK.
In 2023, MNC Life launched an affiliate program called "Bestie." As the latest feature in the MotionLife
application, "Bestie" offers an innovative solution for individuals looking to earn additional income,
simply by creating inspirational digital content and sharing links. Targeting Gen Z, Millennials, and
anyone with a smartphone and creativity, each affiliate has the potential to earn commissions of up to
10% from every sale of the insurance products they promote.
MNC Teknologi Nusantara, operating MotionPay and Flash Mobile, consistently innovates in developing
its business model and products to strengthen its position in the fintech industry in Indonesia.
MotionPay's co-branding business brings financial services massively into partner ecosystems
supported by cutting-edge technology to enhance seamless transaction experiences on partner
platforms such as registration processes, account linkage, QRIS, billing services, and entertainment.
MotionPay also extends payment services internationally through QRIS cross-border collaboration,
particularly in Southeast Asia.
Meanwhile, Flash Mobile, offering a comprehensive solution for online and offline payment acceptance,
also provides a wide range of bill payment services. Moreover, Flash Mobile expands its international
payment network to serve cross-border transactions, covering transfer, deposit, and cash withdrawal
processes with greater convenience and cost-effectiveness for IMW and beneficiary families in
Indonesia.
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For further information, please contact: PT MNC Kapital Indonesia Tbk
Natassha Yunita MNC Bank Tower 21/F, MNC Center
Head of Investor Relations Jl. Kebon Sirih Kav 21-27, Menteng
natassha.yunita@mncgroup.com Jakarta Pusat 10340, Indonesia
ir.bcap@mncgroup.com Phone : +6221 2970 9700
www.mncfinancialservices.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or
warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or
correctness of, the information or opinions contained here in. It is not the intention to provide, and you may not rely on this
Press Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business
affairs, business prospects, properties or results of operations of The Company or its subsidiaries. The information and
opinions contained in this Press Release are provided as at the date of this presentation and are subject to change without
notice. Neither The Company (including any of its affiliates, advisors and representatives) nor the underwriters (including any
of their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or
otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein
nor for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect
The Company's current views with respect to future events and financial performance. These views are based on a number
of estimates and current assumptions which are subject to business, economic and competitive uncertainties and
contingencies as well as various risks and these may change over time and in many cases are outside the control of The
Company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or that
The Company's assumptions are correct. Actual results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or
subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract,
commitment or investment decision in relation thereto.
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Bank Kerjasama Rakyat
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