PT Lovina Beach Brewery Tbk

PT Lovina Beach Brewery Tbk

IIDX:STRK
137.00
IDR
+35.00
(+34.31%)
-1.96EPS
654.03BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.57
0.94
2.89
7.65
1.76
1.2
2.84
Basic EPS, GAAP
-0.7
-0.67
0.42
2.14
-1.51
-1.99
-1.96
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-4.21
-4.88
-3
14.35
12.84
10.86
10.44
Tangible Book Value per Share
-4.21
-4.88
-3
14.35
12.62
10.64
10.22
Basic Weighted Avg Shares
10,722
10,722
10,722
5,135
10,722
10,722
10,722
Sales/Revenue/Turnover
6,089
10,126
30,938
39,284
18,902
12,908
30,490
Operating Margin (%)
-35.06
16.98
44.59
-12.56
-112.57
-223.26
-95.42
Depreciation Expense
556
419
419
783
2,760
2,885
4,359
Net Income, GAAP
-7,459
-7,233
4,557
10,979
-16,184
-21,326
-21,039
Effective Tax Rate (%)
- -
- -
33.54
7.35
- -
- -
- -
Profit Margin (%)
-122.5
-71.44
14.73
27.95
-85.62
-165.22
-69
Working Capital
-12,672
-21,124
-2,227
83,856
68,191
49,047
48,328
LT Debt
38,477
35,548
33,826
4,443
3,549
3,182
3,186
Total Equity
-42,601
-49,839
-28,091
153,809
137,711
116,489
111,963
Return on Invested Capital (%)
- -
- -
59.64
-2.28
- -
- -
- -
Return on Capital (%)
- -
- -
46.73
12.6
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-11.1
-16.78
-17.37

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
572
453
294
LT Borrowings
2,531
2,531
2,531
LT Finance Leases
651
655
655
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,722
10,722
10,722
Market Capitalization
2,165,811
975,687
654,032

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
57,761
56,797
54,499
Cash, Cash Equivalents & STI
38,354
32,671
32,664
Accounts Receivable, Net
8,252
8,670
7,142
Inventories
4,581
5,423
7,093
Total Current Liabilities
8,714
6,961
6,171
Payables & Accruals
- -
- -
- -
ST Debt
572
453
294
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-140.02%
-15.41%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-48.14%
31.77%
Sales/Revenue/Turnover
- -
43.04%
-31.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,472
9,802
-361
3,989
18,902
2025
2,784
4,746
- -
3,971
12,908
2026
8,294
13,479
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.32
-0.71
-0.36
-0.29
-1.51
2025
-0.43
-1.05
- -
-0.38
-1.99
2026
-0.11
-0.43
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

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

Company Description

CEO
Bona Budhisurya
Full Time Employees
30
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Denpasar Selatan Indonesia
IPO Date
Oct 10, 2023
Business
PT Lovina Beach Brewery Tbk is an Indonesia-based beverage manufacturer and distributor specializing in the production, bottling, and marketing of artisanal craft beers and distilled spirits. Founded in 2010 and headquartered in Denpasar, Bali, Indonesia, the company operates brewing and distillation facilities serving on-premise and off-premise beverage markets across the Indonesian archipelago. PT Lovina Beach Brewery Tbk structures its commercial operations across key segments comprising craft beer brewing; distilled spirits and flavored alcoholic beverages; and commercial wholesale distribution. The company's core product portfolio includes craft beers under the flagship Stark Craft Beer brand, featuring variants such as Stark Wheat, Stark Dark Wheat, Stark Indonesian Pale Ale (IPA), Stark Mango Beer, Stark Lychee Beer, Stark 1945, and Stark Pilsener; distilled spirits and ready-to-drink alcoholic formulations under the Kaja brand and proprietary labels, encompassing craft vodka, gin, rum, and blended cocktail bases; and localized artisanal spirits tailored for the domestic and tourist hospitality sectors. Through its distribution subsidiary, PT Artha Mutiara Bangsa, the company manages supply chain, logistics, and wholesale operations delivering products to hotels, beach clubs, restaurants, cafes, supermarkets, and licensed specialty retail outlets across Bali, Greater Jakarta, Surabaya, and other major metropolitan and tourist hubs. In recent developments, the company completed its initial public offering on the Indonesia Stock Exchange under the ticker symbol STRK in October 2023, utilizing proceeds to expand production capacity, upgrade fermentation and distillation infrastructure, and support working capital requirements. PT Lovina Beach Brewery Tbk has subsequently scaled its distribution infrastructure across Java and Bali, broadened its product portfolio with new low-alcohol and ready-to-drink beverage lines, and forged strategic commercial alliances with domestic hospitality and modern retail chains to strengthen market penetration.