24 Mar 2023
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Achieved the Highest Revenue in History, MTDL Booked IDR 21 trillion in 2022

Increased Demand from Corporations is Estimated to Support Increase in Digital Solutions and Consulting Business in 2023

Jakarta, March 24th, 2023 — PT Metrodata Electronics Tbk (“MTDL”), a Digital Information and Communication Technology (ICT) issuer, especially in the field of Digital Solutions and Consulting and Digital Distribution, managed to record the highest revenue in the history of the Company, amounting to IDR 20.9 trillion in 2022 or an increase of 13.4% from the previous year. From this revenue, the Company posted a net profit of IDR 580.5 billion, an increase of 14.1% from 2021.

 

President Director of MTDL, Susanto Djaja said "This 2022 performance is an important achievement in the history of the Company for which we should be grateful, where ICT spending for Corporations continues to increase as the pandemic subsides. We hope that 2022 will be a new stage for the Company, where we have advanced to a higher level,".

 

Of all the Company's revenue, Distribution Business Digital contributed IDR 16.4 trillion, up 12.4% YoY. Meanwhile, the solutions and consulting business recorded revenue of IDR 5.0 trillion, an increase of 18.5% YoY.

 

The increase in revenue in the Digital Distribution Business unit was contributed mainly by Notebook and PC sales which grew by 7%, as well as sales of smartphone products which grew 21%

 

The increase in revenue from the Digital Solutions and Consulting Business unit was mainly supported by sales to the financial services sector which grew 44%. In addition, an increase in revenue was also obtained due to the Company's initiative to provide innovative ICT solutions that are relevant to current technological transformation developments, such as IT Security in amid global cyber-attacks, Cloud Hyperscale where the Company partners with world-class providers such as Azure, AWS, Google Cloud and demand will continue to grow along with the development of data centers in Indonesia, as well as future subscription-based trends that will increase demand for subscription software or SaaS (Software as a Service). All subscription- based businesses will increase recurring revenue which will make the Company's revenue more secure, where currently the portion is 36.7% of total Solutions & Consulting revenue as of 2022.

 

"We are optimistic, along with the recovery of ICT supply, as well as the need for digital transformation that will continue to increase, this will encourage MTDL's performance to continue to grow because the company has 2 business units that complement each other with a diversified portfolio & market," closed Susanto Djaja.





About PT Metrodata Electronics Tbk

PT Metrodata Electronics Tbk (“the Company”) a publicly listed company in Indonesian Stock Exchange since 1990 (IDX: MTDL) is a leading provider of solutions and consulting services, as well as the distribution of Information and Communication Technology (ICT) and Digital products and services in Indonesia. partnering with world-class ICT companies.

 

It currently has its main business which is the Digital Distribution Business (Providing World-Class ICT Hardware and Software) that handles distribution to the dealers and ICT solution companies as well as running an ecommerce business. The distribution network covers more than 150 cities across Indonesia and has more than 5,200 channel partners with more than 100 brands of world-class IT products and services.

 

Another main business is the Digital Solutions and Consulting Business (Digital Solution Provider to Help Companies Achieving Digital Transformation) provides complete ICT solutions based Metrodata’s 8 pillars of Digital Solution, which are Cloud Services, Big Data & Analytics, Hybrid IT Infrastructure, Security, Business Application, Digital Business Platform, Consulting & Advisory Services, and Managed Services to support digital business transformation.

 

For further information, please contact:

Randy Kartadinata

Corporate Secretary

Phone: (62-21) 29345 888

www.metrodata.co.id

M. Aditya
Media Relations
Mobile: +62 81295486465
Email: Investor.Relation@metrodata.co.i

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PT. Metrodata Electronics, Tbk.

APL Tower 37th Floor 
Jl. Letjen S. Parman Kav. 28
Jakarta 11470

Contact Us:

P: (62-21) 2934 5888
F: (62-21) 2934 5899
E: info.metrodata@metrodata.co.id

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