PT Fore Kopi Indonesia Tbk

PT Fore Kopi Indonesia Tbk

IIDX:FORE
600.00
IDR
-5.00
(-0.83%)
13.75EPS
42.17P/E
5.17TMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.04
32.15
54.05
116.46
181.95
223.58
Basic EPS, GAAP
-3.79
-6.72
0.13
6.53
10.95
13.75
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
-27.61
-34.29
8.69
28.38
76.31
82.72
Tangible Book Value per Share
-27.61
-34.29
8.69
28.38
76.31
82.72
Basic Weighted Avg Shares
8,918
8,918
8,918
8,918
8,228
8,918
Sales/Revenue/Turnover
107,367
286,715
482,071
1,038,659
1,497,135
1,993,946
Operating Margin (%)
-31.03
-8.97
0.01
5.96
7.05
7.95
Depreciation Expense
24,359
43,408
64,032
119,338
187,718
230,938
Net Income, GAAP
-33,808
-59,931
1,155
58,219
90,133
122,668
Effective Tax Rate (%)
- -
- -
- -
- -
13.05
20.85
Profit Margin (%)
-31.49
-20.9
0.24
5.61
6.02
6.15
Working Capital
-18,287
-358,004
-70,503
-108,149
124,574
85,483
LT Debt
351,111
80,635
105,249
107,288
107,546
130,110
Total Equity
-246,208
-305,804
77,485
253,123
680,588
737,693
Return on Invested Capital (%)
- -
- -
- -
- -
12.98
- -
Return on Capital (%)
- -
- -
- -
- -
15.01
- -
Return on Common Equity (%)
- -
- -
- -
35.22
19.31
- -

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
110,542
113,582
115,271
LT Borrowings
5,335
2,608
756
LT Finance Leases
102,211
119,586
129,354
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,918
8,918
8,918
Market Capitalization
4,815,914
5,975,301
5,172,648

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
484,955
424,537
462,998
Cash, Cash Equivalents & STI
327,531
253,801
263,964
Accounts Receivable, Net
11,411
9,648
12,302
Inventories
134,623
128,170
145,786
Total Current Liabilities
360,382
339,056
377,515
Payables & Accruals
- -
- -
- -
ST Debt
110,542
113,582
115,271
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
168.88%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
54.82%
Sales/Revenue/Turnover
- -
- -
44.14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
276,110
311,288
1,038,659
2025
291,686
370,686
- -
455,382
1,497,135
2026
444,459
723,419
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.11
1.78
6.53
2025
0.66
4.05
- -
3.37
10.95
2026
1.06
5.28
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Vico Lomar Astapura
Full Time Employees
334
Sector
Consumer services
Industry
Restaurants
Address
Gedung Graha Ganesha Jakarta Indonesia 10120
IPO Date
Apr 14, 2025
Business
PT Fore Kopi Indonesia Tbk operates as a premium coffee company primarily engaged in coffee retail through its Fore Coffee brand. Founded in 2018 and headquartered in Jakarta, Indonesia, the company operates over 260 outlets across 43 cities in Indonesia and one outlet in Singapore. Its core products include a wide range of coffee beverages such as the Americano Series, Coffee of The Day, Iced Bumi Latte, Hot Cappuccino, and specialty lattes like the Buttercream Tiramisu Latte; non-coffee beverages; pastries; and branded merchandise including cups, tumblers, and tote bags. The company provides services such as pick-up, delivery, and coffee catering. PT Fore Kopi Indonesia Tbk maintains stringent quality standards, using 100% halal ingredients. Recent major developments include rapid expansion with a 47% year-on-year revenue increase to Rp 662 billion in the first half of 2025 and a 29% growth in net profit, supported by strong balance sheet improvements including equity rising to over Rp 633 billion. The company completed a successful IPO recently and is focused on sustainable expansion contributing to national employment and environmental sustainability. It is a subsidiary of Fore Holdings Pte. Ltd and continues to innovate its product offerings and expand its retail footprint with a digital presence through the Fore Coffee app for convenient online ordering. PT Fore Kopi Indonesia Tbk’s business segments encompass beverages, foods, and other related offerings in Indonesia and Singapore. The company targets urban consumers seeking premium yet affordable coffee experiences and continues to strengthen its brand position and operational scale across Southeast Asia.