PT Sumber Sinergi Makmur Tbk
IIDX:IOTF41.00
IDR
0.00
(0.00%)
ISIN
ID1000198401
Return %
Stock
S&P 500
1Y
-52.33
14.20
3Y
-59.00
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Company Description
- Full Time Employees
- 27
- Sector
- Distribution services
- Industry
- Electronics distributors
- Address
- Jakarta Pusat Indonesia
- IPO Date
- Oct 6, 2023
- Website
- foxlogger.com
- Similar Companies
- Business
- PT Sumber Sinergi Makmur Tbk is an Indonesia-based Internet of Things (IoT) technology company that specializes in providing GPS tracking devices, telematics hardware, and cloud-based fleet management solutions. Operating primarily under the proprietary brand name Fox Logger, the company offers an integrated ecosystem of hardware and Software-as-a-Service (SaaS) products, including vehicle GPS trackers for motorcycles, private cars, commercial trucks, and heavy equipment; the Fox Logger mobile application and web-based monitoring platform for real-time asset tracking; fuel consumption monitoring sensors; temperature sensors for cold-chain logistics; remote engine cut-off and immobilization systems; AI-powered dashcams equipped with Advanced Driver Assistance Systems (ADAS) and Driver Status Monitoring (DSM); and specialized asset trackers for shipping containers and non-powered equipment. In addition to hardware sales, the company provides recurring subscription-based tracking services; automated maintenance scheduling; driver behavior scoring and route optimization analytics; cellular IoT connectivity packages; professional device installation; and 24/7 technical customer support. PT Sumber Sinergi Makmur Tbk serves a diverse customer base spanning logistics and supply chain operators, leasing and automotive financing institutions, mining and plantation enterprises, public transportation providers, government municipal fleets, corporate commercial fleets, and retail vehicle owners throughout Indonesia. Founded in 2015, the company is headquartered in West Jakarta, Indonesia. In recent developments, PT Sumber Sinergi Makmur Tbk completed its initial public offering on the Indonesia Stock Exchange under the ticker symbol IOTF to finance technology research and development and expand operational working capital. The company has also expanded its product portfolio through the launch of AI-driven video telematics and enhanced driver safety monitoring solutions, established strategic partnerships with enterprise logistics and insurance providers for API telematics integration, and broadened its nationwide distribution network and installation service centers across major urban hubs in Java, Sumatra, Kalimantan, and Sulawesi.