PT GoTo Gojek Tokopedia Tbk

PT GoTo Gojek Tokopedia Tbk

GOTO.JK
PT GoTo Gojek Tokopedia TbkID flagIndonesia Stock Exchange
50.00
IDR
- -
- -
53.10TMarket Cap
PT GoTo Gojek Tokopedia Tbk
GOTO.JK
(Indonesia Stock Exchange)

Recent

price

50.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.22
1.96
2.83
3.86
11.12
13.92
14.81
17.32
15.82
Revenue per Share
-10.01
-20.51
-14.25
-18.22
-38.78
-85.1
-4.8
-1.12
-2.87
Basic EPS, GAAP
-0.64
-1.07
-1.3
-0.97
-0.44
-0.21
-6.08
-1.12
-1.84
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-16.97
-36.19
-48.59
-66.42
-114.96
-195.55
-198.45
-202.46
-202.06
Book Value per Share
10.49
8.63
14.83
27.76
29.06
22.23
26.64
25.65
25.44
Tangible Book Value per Share
1,174,099
1,174,099
1,174,099
1,174,099
1,020,306
1,062,288
1,072,974
1,057,700
1,056,805
Basic Weighted Avg Shares
1,436,511
2,303,897
3,327,875
4,535,764
11,349,167
14,785,492
15,894,462
18,322,117
16,716,019
Sales/Revenue/Turnover
-831.06
-912.54
-305.51
-493.51
-267.24
-69.52
-14.1
-2.06
-4.1
Operating Margin (%)
621,713
962,334
1,247,431
2,490,074
2,912,887
2,671,148
744,175
748,552
613,344
Depreciation Expense
-11,749,854
-24,081,642
-16,735,217
-21,390,932
-39,571,161
-90,395,629
-5,154,924
-1,185,654
-3,035,352
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-817.94
-1,045.26
-502.88
-471.61
-348.67
-611.38
-32.43
-6.47
-18.16
Profit Margin (%)
4,387,791
4,203,504
13,761,817
23,770,004
22,018,022
20,794,747
16,292,802
18,411,702
14,838,773
Working Capital
- -
45,361
1,815,918
776,344
1,826,270
3,432,561
2,609,619
6,218,885
2,667,543
LT Debt
16,419,298
14,863,636
20,799,379
139,024,444
122,723,344
35,720,000
30,403,801
28,711,657
29,194,677
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,209,419
2,101,806
1,998,361
LT Borrowings
2,468,571
2,608,384
2,566,125
LT Finance Leases
141,048
116,968
101,418
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,077,694
1,055,193
1,055,143
Market Capitalization
75,115,502
87,714,774
61,294,661

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
26,337,692
26,961,088
25,129,946
Cash, Cash Equivalents & STI
20,927,959
20,783,082
18,556,129
Accounts Receivable, Net
459,969
517,202
833,208
Inventories
27,404
21,342
24,979
Total Current Liabilities
10,044,890
11,082,346
10,291,173
Payables & Accruals
- -
- -
- -
ST Debt
2,209,419
2,101,806
1,998,361
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
93.07%
-5.57%
Free Cash Flow
- -
527.66%
-81.86%
Net Income, GAAP
- -
13.99%
-77%
Sales/Revenue/Turnover
- -
47.91%
15.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,079,226
3,658,186
3,925,166
4,231,884
15,894,462
2025
4,230,634
4,328,335
5,026,636
- -
18,322,117
2026
5,341,314
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.8
- -
- -
- -
-4.8
2025
-0.27
- -
- -
- -
-1.12
2026
0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
PT GoTo Gojek Tokopedia Tbk is a leading Indonesian digital ecosystem company headquartered in Jakarta, established in 2009 from the merger of Gojek and Tokopedia. The company operates through three main segments: on-demand services, financial technology, and e-commerce. Its on-demand services include mobility offerings such as GoRide motorcycle taxi, GoCar car ride-hailing, GoBlueBird taxi booking via partnership with Blue Bird Group, GoTransit multi-modal journey planning, and GoCorp corporate travel solutions. It also provides GoFood food delivery, GoMart groceries, Cloud Kitchen shared kitchens, GoSend instant delivery, GoKilat/GoSend API for B2B2C logistics, GoShop personal concierge, and GoBox truck logistics services. The financial technology segment encompasses GoPay digital payments, Midtrans payment gateway, GoPayLater installment plans, GoInvestasi investment products, GoModal lending, GoSure insurance, GoBiz merchant app, and Moka POS solutions. The e-commerce segment operates the Tokopedia marketplace connecting consumers with a broad range of merchants from local SMEs to large retailers. Additionally, GoTo offers software development, marketing technology, data processing, and business consultancy services. Recent major developments include robust growth in gross transaction value (GTV) and revenue driven by product innovations and strategic expansions across segments. In 2024, the company reported a 66% year-on-year increase in group core GTV and strong advertising revenue growth of 92%. GoTo introduced GoPay standalone app enhancements and expanded consumer loan offerings ahead of schedule. The company has also divested its logistics and fulfillment business supporting Tokopedia to focus on core platforms while retaining GoSend consumer delivery services. In late 2025, GoTo responded to developments regarding a potential merger with Grab Indonesia, signaling ongoing strategic repositioning within its competitive market. The company continues to expand fintech products like GoPayLater Cicil to millions of consumers and reinforces market leadership in on-demand services with integrated ecosystem synergies. GoTo operates primarily in Indonesia but aims to scale its digital economy impact through its diverse technology infrastructure and solutions. PT GoTo Gojek Tokopedia Tbk thus stands as a comprehensive tech ecosystem player in Southeast Asia, integrating mobility, e-commerce, logistics, financial technology, and merchant services into a cohesive platform headquartered in Jakarta, Indonesia. Its strategic moves in product innovation, divestitures, and potential mergers underscore its dynamic positioning in the digital economy landscape.