PT Solusi Sinergi Digital Tbk

PT Solusi Sinergi Digital Tbk

IIDX:WIFI
1,110.00
IDR
-30.00
(-2.63%)
216.64EPS
13.06P/E
8.52TMarket Cap
Oct 29Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.06
1.13
8.39
- -
- -
- -
194.8
289.39
451.37
652.58
Basic EPS, GAAP
0.08
6.38
0.64
- -
- -
- -
25.96
99.44
111.13
122.93
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
1.08
1.28
- -
Book Value per Share
0.67
14.98
16.41
- -
- -
- -
313.88
410.99
1,375.09
1,437.48
Tangible Book Value per Share
0.67
14.98
16.41
- -
- -
- -
313.28
406.28
1,295.35
1,361.38
Basic Weighted Avg Shares
4,366
4,366
4,366
1,947
1,965
2,067
2,255
2,322
3,676
4,163
Sales/Revenue/Turnover
4,627
4,951
36,631
- -
- -
- -
439,326
671,854
1,659,396
2,716,829
Operating Margin (%)
9.74
31.87
36.06
- -
- -
- -
28.16
51.38
55.26
50.92
Depreciation Expense
285
344
535
- -
- -
- -
9,727
17,184
12,798
18,051
Net Income, GAAP
362
27,838
2,785
- -
- -
- -
58,543
230,874
408,551
511,801
Effective Tax Rate (%)
32.98
0.77
3.04
- -
- -
- -
13.79
15.82
10.11
5.02
Profit Margin (%)
7.83
562.31
7.6
- -
- -
- -
13.33
34.36
24.62
18.84
Working Capital
260
2,035
-149,935
- -
- -
- -
39,992
2,836
4,706,853
7,333,917
LT Debt
- -
- -
29,871
- -
- -
- -
487,279
878,167
1,972,792
4,964,599
Total Equity
1,306
29,158
32,575
- -
- -
- -
742,646
969,843
8,517,945
9,015,531
Return on Invested Capital (%)
- -
183.05
7.99
- -
- -
- -
- -
15.54
10.56
10.77
Return on Capital (%)
- -
182.76
18.9
- -
- -
- -
- -
18.56
5.51
4.84
Return on Common Equity (%)
- -
182.76
9.11
- -
- -
- -
- -
27
9.88
10.41

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,214,684
3,613,153
5,093,372
LT Borrowings
1,836,044
1,811,756
4,827,232
LT Finance Leases
136,749
136,522
137,368
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,309
5,309
5,309
Market Capitalization
17,252,784
11,307,209
8,520,221

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,687,860
9,772,658
13,903,728
Cash, Cash Equivalents & STI
6,164,699
5,441,936
8,285,838
Accounts Receivable, Net
222,926
185,729
297,536
Inventories
965,970
1,935,173
3,838,980
Total Current Liabilities
3,981,007
5,129,219
6,569,811
Payables & Accruals
- -
- -
- -
ST Debt
3,214,684
3,613,153
5,093,372
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
778.28%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
76.96%
Sales/Revenue/Turnover
- -
- -
146.99%
Total Cash Common Dividend
- -
- -
88.68%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
139,781
169,225
195,945
166,903
671,854
2025
231,565
281,899
501,444
644,488
1,659,396
2026
783,569
787,328
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.66
25.63
26.37
33.53
99.44
2025
35.57
61.6
6.06
62.92
111.13
2026
44.75
31.39
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.08
2025
- -
- -
- -
- -
1.28
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yune Marketatmo
Full Time Employees
35
Sector
Technology services
Industry
Packaged software
Address
Kantor Fatmawati Mas Blok III No.328-329 Jakarta JK Indonesia 12430
IPO Date
Dec 30, 2020
Business
PT Solusi Sinergi Digital Tbk, operating under the brand name Surge, is an Indonesian digital company specializing in fiber optic network infrastructure, digital products and services, and media advertising. Founded in 2012 and headquartered in Jakarta, Indonesia, the company offers core products and services including leased dark fiber with high core capacity, leased line bandwidth using advanced DWDM technology, colocation data center services, content delivery networks, and fiberization of communication towers. Its digital ecosystem comprises technology solutions, mobile applications such as KAI Access and DAMRI for ticketing services, and advertising and media platforms. Surge also engages in wholesale and retail trade, professional and scientific activities, and information and communication technology services. In the last 1-2 years, PT Solusi Sinergi Digital Tbk has undertaken significant strategic initiatives including a multi-year collaboration with Qualcomm to provide affordable broadband connectivity across Indonesia, the launch of full-scale 5G fixed wireless access (FWA) services in partnership with Orex Sai, a joint venture between NTT Docomo and NEC, and securing a 1.4 GHz frequency band license to aggressively expand affordable internet access to millions of Indonesian households by 2026. The company also underwent management restructuring with the appointment of a new director in late 2025, and expanded its business scope by adding new activities through its extraordinary shareholders meeting. Surge aims to build a unified business model focused on connectivity, daily needs fulfillment, and media entertainment across Indonesia. Surge's subsidiaries include PT Integrasi Media Terkini, PT Aspek Media Indonesia, PT Mitra Digital Ekosistem, PT Kreasi Kode Digital, and PT Integrasi Jaringan Ekosistem, which collectively support its offerings in fiber optic infrastructure, digital product development, advertising services, and technology solutions. The company targets Indonesian telecommunications operators, data centers, tower operators, internet service providers, and mass consumers for digital products and media. Its 2024 financial performance reflects robust growth, reporting a net profit increase to Rp 231.2 billion and revenue growth exceeding 50%, signaling its expanding market presence and operational scale in Indonesia's digital infrastructure and service segments. PT Solusi Sinergi Digital Tbk’s comprehensive portfolio positions it as a leading digital infrastructure and services company in Indonesia, leveraging strategic partnerships, technological advancements, and diversified digital offerings to capitalize on the growing demand for internet connectivity and digital services nationwide.