Cash flow PT ITSEC Asia Tbk

Equities

CYBR

ID1000194707

IT Services & Consulting

End-of-day quote INDONESIA S.E. Other stock markets 12/02/2026			5-day change	1st Jan Change
1,490.00 ^IDR	-5.10%		-11.31%	-16.99%

29/10/25	PT ITSEC Asia Tbk Reports Earnings Results for the Nine Months Ended September 30, 2025	CI
22/09/25	PT ITSEC Asia Tbk(IDX:CYBR) added to S&P Global BMI Index	CI

23b00c85b16b76765a0441.NTEK2BnLZhkYFd4YhY1AiEfmLsu_irmWJlx_DGE14Nw.bAk8j0PzLWsgYqRJ0sgm4D20b4yLzujkEzQRWFAAs4QMST25KIoEcVFT7g

Published financial data: PT ITSEC ASIA TBK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	73.52B	118B	187B	209B	325B
Total Revenues	73.52B	118B	187B	209B	325B
Cost of Goods Sold, Total	55.1B	65.23B	116B	153B	207B
Gross Profit	18.42B	53.09B	71.04B	55.37B	118B
Selling General & Admin Expenses, Total	33B	50.58B	70.48B	78.5B	104B
Depreciation & Amortization - (IS)	-	-	-	5.56B	9.03B
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	2.31B	-
Other Operating Expenses	5.01B	5.48B	7.22B	10.23B	1.34B
Other Operating Expenses, Total	38.01B	56.06B	77.7B	96.59B	114B
Operating Income	-19.59B	-2.97B	-6.66B	-41.22B	3.71B
Interest Expense, Total	-615M	-749M	-1.62B	-3.53B	-4.87B
Interest And Investment Income	3.33B	1.02B	1.59B	560M	258M
Net Interest Expenses	2.72B	271M	-25.75M	-2.97B	-4.61B
Currency Exchange Gains (Loss)	-798M	-1.64B	-2.19B	5.83B	-2.24B
EBT, Excl. Unusual Items	-17.67B	-4.34B	-8.88B	-38.35B	-3.13B
Gain (Loss) On Sale Of Assets	-	-	-	-	5.32M
EBT, Incl. Unusual Items	-17.67B	-4.34B	-8.88B	-38.35B	-3.13B
Income Tax Expense	-2.29B	2.57B	1.97B	-2.68B	-3.89B
Earnings From Continuing Operations	-15.39B	-6.91B	-10.85B	-35.67B	760M
Net Income to Company	-15.39B	-6.91B	-10.85B	-35.67B	760M
Net Income - (IS)	-15.39B	-6.91B	-10.85B	-35.67B	760M
Net Income to Common Incl Extra Items	-15.39B	-6.91B	-10.85B	-35.67B	760M
Net Income to Common Excl. Extra Items	-15.39B	-6.91B	-10.85B	-35.67B	760M
Per Share Items
Net EPS - Basic	-	-	-	-6.23	0.12
Basic EPS - Continuing Operations	-	-	-	-6.23	0.12
Basic Weighted Average Shares Outstanding	-	-	-	5.73B	6.45B
Net EPS - Diluted	-	-	-	-6.23	0.12
Diluted EPS - Continuing Operations	-	-	-	-6.23	0.12
Diluted Weighted Average Shares Outstanding	-	-	-	5.73B	6.45B
Normalized Basic EPS	-	-	-	-4.18	-0.3
Normalized Diluted EPS	-	-	-	-4.18	-0.3
Supplemental Items
EBITDA	-18.9B	-2.15B	-5.62B	-39.18B	7.19B
EBITA	-19.59B	-2.97B	-6.66B	-41.22B	3.71B
EBIT	-19.59B	-2.97B	-6.66B	-41.22B	3.71B
Effective Tax Rate - (Ratio)	12.93	-59.2	-22.23	7	124.29
Total Current Taxes	-	-	2.46B	-	5.34B
Total Deferred Taxes	-2.29B	2.57B	-488M	-2.68B	-9.22B
Normalized Net Income	-11.04B	-2.71B	-5.55B	-23.97B	-1.96B
Interest on Long-Term Debt	239M	286M	190M	894M	1.91B
Non-Cash Pension Expense	376M	491M	786M	1.17B	1.57B
Supplemental Operating Expense Items
Advertising Expense	169M	528M	799M	3.14B	5.51B
Selling and Marketing Expenses	169M	528M	799M	10.05B	12.07B
General and Administrative Expenses	32.83B	50.06B	69.68B	16.09B	20.06B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.39B	10.1B	15.12B	49.91B	11.18B
Total Cash And Short Term Investments	1.39B	10.1B	15.12B	49.91B	11.18B
Accounts Receivable, Total	14.73B	17.83B	40.84B	82.41B	134B
Other Receivables	283M	394M	602M	406M	7.56B
Total Receivables	15.01B	18.22B	41.44B	82.81B	142B
Prepaid Expenses	1.26B	1.83B	2.77B	5.29B	6.93B
Other Current Assets, Total	5.73B	25.08B	22.72B	34.84B	28.47B
Total Current Assets	23.38B	55.23B	82.06B	173B	189B
Gross Property Plant And Equipment	12.12B	14.46B	22.74B	39.62B	66.11B
Accumulated Depreciation	-4.41B	-7.76B	-11.01B	-16.64B	-23.13B
Net Property Plant And Equipment	7.71B	6.7B	11.73B	22.98B	42.98B
Other Intangibles, Total	6.92B	4.61B	2.31B	4.64B	15.65B
Deferred Tax Assets Long-Term	5.69B	3.13B	3.56B	6.27B	15.21B
Other Long-Term Assets, Total	3.03B	3.49B	70.37B	3.16B	4.13B
Total Assets	46.73B	73.16B	170B	210B	267B
Liabilities
Accounts Payable, Total	3.85B	12.85B	9.33B	24.67B	43.05B
Accrued Expenses, Total	6.22B	9.32B	10.36B	11.52B	13.43B
Short-term Borrowings	-	-	9.95B	10B	10B
Current Portion of Long-Term Debt	-	-	-	102M	115M
Current Portion of Leases	2.19B	2.1B	3.26B	3.98B	5.74B
Current Income Taxes Payable	4.1B	5.77B	5.35B	2.97B	8.92B
Unearned Revenue Current, Total	156M	108M	144M	2.32B	3.34B
Other Current Liabilities	51.58B	70.35B	150B	970M	7.12B
Total Current Liabilities	68.09B	101B	189B	56.53B	91.73B
Long-Term Debt	-	-	-	25.62B	19.46B
Long-Term Leases	3.67B	2.02B	3.57B	9B	26.44B
Pension & Other Post Retirement Benefits	8.54B	10.51B	15.64B	23.04B	31.94B
Total Liabilities	80.31B	113B	208B	114B	170B
Common Stock, Total	2.5B	2.5B	2.5B	161B	161B
Additional Paid In Capital	136M	136M	136M	-	-
Retained Earnings	-29.84B	-27.15B	-26.44B	-62.11B	-61.35B
Comprehensive Income and Other	-6.37B	-15.37B	-13.94B	-3.41B	-2.87B
Total Common Equity	-33.58B	-39.88B	-37.74B	95.72B	97.02B
Total Equity	-33.58B	-39.88B	-37.74B	95.72B	97.02B
Total Liabilities And Equity	46.73B	73.16B	170B	210B	267B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	6.45B	6.45B	6.45B
ECS Total Common Shares Outstanding	-	-	-	6.45B	6.45B
Book Value / Share	-	-	-	14.84	15.04
Tangible Book Value	-40.49B	-44.49B	-40.05B	91.08B	81.37B
Tangible Book Value Per Share	-	-	-	14.12	12.62
Total Debt	5.86B	4.13B	16.78B	48.69B	61.76B
Net Debt	4.48B	-5.97B	1.66B	-1.22B	50.57B
Account Code - Inventory Valuation	-	-	3	3	3
Machinery, Total	3.37B	4.96B	6.83B	11.54B	16.55B
Full Time Employees	-	-	196	228	260
Accumulated Allowance for Doubtful Accounts (Supple)	231M	430M	1.54B	393M	1.3B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-15.39B	-6.91B	-10.85B	-35.67B	760M
Depreciation & Amortization - CF	3.17B	3.37B	3.82B	5.56B	9.03B
Depreciation & Amortization, Total	3.17B	3.37B	3.82B	5.56B	9.03B
Amortization of Deferred Charges, Total - (CF)	-	2.31B	2.31B	2.31B	816M
Other Operating Activities, Total	-2.73B	-5.82B	-4.07B	-19.28B	-22.16B
Cash from Operations	-14.94B	-7.05B	-8.8B	-47.09B	-11.55B
Capital Expenditure	-876M	-1.61B	-3.63B	-6.29B	-4.87B
Sale of Property, Plant, and Equipment	-	-	-	-	11.27M
Cash Acquisitions	-	-	-65.63B	-12.12B	-
Sale (Purchase) of Intangible assets	-1.76B	-	-	-4.64B	-11.83B
Cash from Investing	-2.64B	-1.61B	-69.25B	-23.04B	-16.68B
Short Term Debt Issued, Total	-	-	9.95B	34.32B	20B
Total Debt Issued	-	-	9.95B	34.32B	20B
Short Term Debt Repaid, Total	-	-	-	-34.27B	-20B
Long-Term Debt Repaid, Total	-2.89B	-2.57B	-2.16B	-3.36B	-4.48B
Total Debt Repaid	-2.89B	-2.57B	-2.16B	-37.63B	-24.48B
Issuance of Common Stock	-	-	-	101B	5.67M
Other Financing Activities, Total	20.79B	19.95B	75.18B	7.44B	-6.05B
Cash from Financing	17.9B	17.38B	82.97B	105B	-10.52B
Foreign Exchange Rate Adjustments	12.09M	-5.23M	110M	-72.85M	21.11M
Net Change in Cash	334M	8.71B	5.03B	34.79B	-38.73B
Supplemental Items
Cash Interest Paid	615M	749M	1.62B	3.53B	2.95B
Cash Income Tax Paid (Refund)	-	98.37M	2B	1.13B	2.99B
Levered Free Cash Flow	-	11.11B	52.47B	-220B	-28.98B
Unlevered Free Cash Flow	-	11.58B	53.48B	-218B	-25.94B
Change In Net Working Capital	-	-9.37B	-55.15B	189B	21.41B
Net Debt Issued / Repaid	-2.89B	-2.57B	7.79B	-3.31B	-4.48B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	-3.1	-3.42	-13.56	0.97
Return on Total Capital	-	5.86	14.68	-41.74	1.53
Return On Equity %	-	18.81	27.97	-123.06	0.79
Return on Common Equity	-	18.81	27.97	-123.06	0.79
Margin Analysis
Gross Profit Margin %	25.05	44.87	37.98	26.52	36.23
SG&A Margin	44.89	42.75	37.68	37.6	31.9
EBITDA Margin %	-25.71	-1.82	-3	-18.77	2.21
EBITA Margin %	-26.65	-2.51	-3.56	-19.74	1.14
EBIT Margin %	-26.65	-2.51	-3.56	-19.74	1.14
Income From Continuing Operations Margin %	-20.93	-5.84	-5.8	-17.09	0.23
Net Income Margin %	-20.93	-5.84	-5.8	-17.09	0.23
Net Avail. For Common Margin %	-20.93	-5.84	-5.8	-17.09	0.23
Normalized Net Income Margin	-15.02	-2.29	-2.97	-11.48	-0.6
Levered Free Cash Flow Margin	-	9.39	28.06	-105.36	-8.91
Unlevered Free Cash Flow Margin	-	9.79	28.6	-104.3	-7.98
Asset Turnover
Asset Turnover	-	1.97	1.54	1.1	1.36
Fixed Assets Turnover	-	16.42	20.29	12.03	9.86
Receivables Turnover (Average Receivables)	-	7.27	6.38	3.39	3
Short Term Liquidity
Current Ratio	0.34	0.55	0.44	3.06	2.06
Quick Ratio	0.24	0.28	0.3	2.35	1.67
Operating Cash Flow to Current Liabilities	-0.22	-0.07	-0.05	-0.83	-0.13
Days Sales Outstanding (Average Receivables)	-	50.21	57.25	107.74	122.08
Average Days Payable Outstanding	-	46.72	34.9	40.45	59
Long Term Solvency
Total Debt/Equity	-17.46	-10.35	-44.46	50.87	63.65
Total Debt / Total Capital	-21.16	-11.55	-80.05	33.72	38.89
LT Debt/Equity	-10.94	-5.07	-9.46	36.16	47.31
Long-Term Debt / Total Capital	-13.25	-5.66	-17.03	23.97	28.91
Total Liabilities / Total Assets	171.85	154.51	122.2	54.4	63.61
EBIT / Interest Expense	-31.83	-3.97	-4.11	-11.69	0.76
EBITDA / Interest Expense	-26.68	0.54	-1.76	-10.11	2.62
(EBITDA - Capex) / Interest Expense	-28.11	-1.61	-3.99	-11.89	1.62
Total Debt / EBITDA	-0.36	10.28	-5.9	-1.37	4.85
Net Debt / EBITDA	-0.27	-14.86	-0.58	0.03	3.97
Total Debt / (EBITDA - Capex)	-0.34	-3.42	-2.59	-1.16	7.84
Net Debt / (EBITDA - Capex)	-0.26	4.94	-0.26	0.03	6.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	60.93	58.07	11.62	55.74
Gross Profit, 1 Yr. Growth %	-	188.27	33.8	-22.05	112.73
EBITDA, 1 Yr. Growth %	-	-88.61	161.12	597.12	-118.36
EBITA, 1 Yr. Growth %	-	-84.83	124.13	518.62	-109
EBIT, 1 Yr. Growth %	-	-84.83	124.13	518.62	-109
Earnings From Cont. Operations, 1 Yr. Growth %	-	-55.09	57.09	228.63	-102.13
Net Income, 1 Yr. Growth %	-	-55.09	57.09	228.63	-102.13
Normalized Net Income, 1 Yr. Growth %	-	-75.44	104.61	331.9	-91.83
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-94.26	-101.89
Accounts Receivable, 1 Yr. Growth %	-	21.05	129.1	101.78	63.2
Net Property, Plant and Equip., 1 Yr. Growth %	-	-13.02	74.97	95.92	87
Total Assets, 1 Yr. Growth %	-	56.57	132.39	23.46	27
Tangible Book Value, 1 Yr. Growth %	-	9.88	-9.99	-327.42	-10.66
Common Equity, 1 Yr. Growth %	-	18.78	-5.36	-353.61	1.36
Cash From Operations, 1 Yr. Growth %	-	-52.81	24.74	435.34	-75.3
Capital Expenditures, 1 Yr. Growth %	-	83.83	125.29	73.32	-26.36
Levered Free Cash Flow, 1 Yr. Growth %	-	-	372.19	-519.18	-86.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	361.85	-507.12	-88.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	59.49	32.83	31.85
Gross Profit, 2 Yr. CAGR %	-	-	96.39	2.12	28.77
EBITDA, 2 Yr. CAGR %	-	-	-45.47	326.65	13.14
EBITA, 2 Yr. CAGR %	-	-	-41.68	272.36	-25.37
EBIT, 2 Yr. CAGR %	-	-	-41.68	272.36	-25.37
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-16.01	127.21	-73.54
Net Income, 2 Yr. CAGR %	-	-	-16.01	127.21	-73.54
Normalized Net Income, 2 Yr. CAGR %	-	-	-29.11	197.27	-40.59
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-	-96.71
Accounts Receivable, 2 Yr. CAGR %	-	-	66.53	115.01	81.47
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	23.36	85.15	91.41
Total Assets, 2 Yr. CAGR %	-	-	90.75	69.38	25.22
Tangible Book Value, 2 Yr. CAGR %	-	-	-0.55	43.07	42.54
Common Equity, 2 Yr. CAGR %	-	-	6.02	54.92	60.33
Cash From Operations, 2 Yr. CAGR %	-	-	-23.28	158.42	14.59
Capital Expenditures, 2 Yr. CAGR %	-	-	103.51	97.6	15.81
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	344.89	-25.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	333.62	-30.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	41.61	40.07
Gross Profit, 3 Yr. CAGR %	-	-	-	44.33	30.42
EBITDA, 3 Yr. CAGR %	-	-	-	27.5	49.51
EBITA, 3 Yr. CAGR %	-	-	-	28.14	7.67
EBIT, 3 Yr. CAGR %	-	-	-	28.14	7.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	32.35	-52.09
Net Income, 3 Yr. CAGR %	-	-	-	32.35	-52.09
Normalized Net Income, 3 Yr. CAGR %	-	-	-	29.47	-10.28
Accounts Receivable, 3 Yr. CAGR %	-	-	-	77.54	96.13
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	43.93	85.76
Total Assets, 3 Yr. CAGR %	-	-	-	65	53.88
Tangible Book Value, 3 Yr. CAGR %	-	-	-	31.02	22.29
Common Equity, 3 Yr. CAGR %	-	-	-	41.79	34.49
Cash From Operations, 3 Yr. CAGR %	-	-	-	46.61	17.88
Capital Expenditures, 3 Yr. CAGR %	-	-	-	92.9	44.57
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	37.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	30.84