Country: Indonesia
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Q2 2023
- BBRI Q2 2023 Why Did Core Revenue Shrink Even As Profit Kept Climbing?Aug 03
- BFIN Q2 2023 A Cyberattack, a Near-Quadrupled Cost of Credit, and a Cure Rate Still Nowhere in SightAug 03
- GOTO Q2 2023 The New CEO Said Out Loud What Two Quarters of Earnings Calls Wouldn'tJul 27
- BIRD Q2 2023 Free Cash Flow Is Still Negative — But The Gap Just Shrank By Two-ThirdsJun 30
Q1 2023
- ARTO Q1 2023 A "Return to Profitability" That's Actually a Year-on-Year DeclineMay 08
- BMRI Q1 2023 Where Did Rp108 Trillion in Deposits Go in Three Months?May 08
- AMRT Q1 2023 Profit Grew 15% This Quarter - So Why Did Operating Cash Flow Turn Negative?May 04
- BFIN Q1 2023 The Cost of Credit Tripled, and the Explanation Still Leaves a GapMay 04
- BBRI Q1 2023 Why Is the Cost of Funds Suddenly Rising Even As Profit Jumps 27%?May 04
- BBCA Q1 2023 Is a 43% Profit Jump Too Good to Be True?May 04
- GOTO Q1 2023 Group Contribution Margin Turned Positive Exactly on Schedule. The User Base Kept Shrinking Anyway.Apr 27
- BIRD Q1 2023 Operating Profit Nearly Quadrupled - So Why Is Free Cash Flow Still Negative?Mar 31
Q4 2022
- AMRT Q4 2022 The Rights Issue Deadline Passed Eight Months Ago - the Annual Report Doesn't Mention It OnceMar 30
- GOTO Q4 2022 On-Demand Turned Profitable for a Full Quarter. The Balance Sheet Just Absorbed an Rp11 Trillion Hit for It.Mar 20
- BBRI Q4 2022 Did the Record 2022 Profit Mask a Quarter of Shrinking Core Revenue?Feb 13
- ARTO Q4 2022 A Net-Loss Quarter Hiding Inside a Profitable YearFeb 06
- BFIN Q4 2022 A Full Year of Filings Later, Two Numbers Are Still MissingFeb 06
- BBCA Q4 2022 Two of 2022's Threads Finally Untangle, a Third Gets WorseFeb 06
- BMRI Q4 2022 NPLs Fell to 1.88%. Restructured Covid Loans Are Still 11% of the Book.Feb 03
- BIRD Q4 2022 The Best Year Since The Pandemic Came With A Negative Cash Flow QuarterDec 31
Q3 2022
- AMRT Q3 2022 Its Segments Barely Grew This Quarter - So Why Did Profit Jump 96%?Nov 28
- GOTO Q3 2022 Real Cost Discipline, or a Net Revenue Number That Doesn't Add Up?Nov 21
- BBCA Q3 2022 Margins Finally Widen as Corporate Lending Stalls AgainNov 10
- BFIN Q3 2022 Two Straight Quarters Without a Cure Rate - Does a Shrinking Restructured Book Still Mean What It Used To?Nov 03
- ARTO Q3 2022 The Profit Imbalance That Kept Getting Worse Just Didn'tNov 03
- BBRI Q3 2022 Profit Nearly Doubled - So Why Is It Still Missing Four of Its Own Five 2022 Targets?Nov 03
- BIRD Q3 2022 Every Metric Hit A Record. The Stock Fell Anyway.Sep 30
Q2 2022
- GOTO Q2 2022 The Margins Improved Sequentially. The Real Segment Losses Didn't.Aug 30
- AMRT Q2 2022 Its Rights Issue Deadline Lapsed - So Why Did It Just Buy a Bank?Aug 29
- BBRI Q2 2022 The Capital Ratio Stopped Falling - But Its Own Guidance Still Contradicts ItselfAug 05
- BBCA Q2 2022 Did Q1's Provisioning Spike Turn Out to Be Noise After All?Aug 04
- BFIN Q2 2022 How a 5.3% Tender Offer Quietly Handed Trinugraha Majority ControlAug 03
- ARTO Q2 2022 A Seven-Month-Old Unit Earned 6x the Bank's Profit While the Stock Got Cut in HalfAug 02
- BIRD Q2 2022 The Margin Collapse That Undid Itself In One QuarterJun 30
Q1 2022
- GOTO Q1 2022 The first earnings call after Indonesia's biggest IPOMay 30
- AMRT Q1 2022 Did the Rights Issue Authorization Just Quietly Expire?May 27
- ARTO Q1 2022 A Profitable Quarter, Except the Core Bank Actually Lost MoneyMay 06
- BBRI Q1 2022 Profit Grew 78% - This Time Both Quarters Are Actually ComparableMay 06
- BFIN Q1 2022 Only 5.3% Tendered - What a Failed Buyout Says About the Real PriceMay 05
- BBCA Q1 2022 Restructured-Loan NPLs Rose Again in Q1 2022 - Was Q4's Profit Dip a One-Off?May 05
- BIRD Q1 2022 The Taxi Margin That Didn't Survive Its First EncoreMar 31
Q4 2021
- ARTO Q4 2021 A First Annual Profit, Mostly Manufactured By a Tax CreditMar 18
- BBRI Q4 2021 Profit Jumped 74% in One Quarter - Was Any of That Actually Organic?Feb 08
- BFIN Q4 2021 The Cure Rate Fell for a Third Straight Quarter - Then the Controlling Shareholder Made Its MoveFeb 08
- BBCA Q4 2021 Coverage Ratio Improved in Q4 - So Why Did Restructured-Loan NPLs Double?Feb 07
- DNET Q4 2021 Net Income Tripled. The Stock Fell Anyway.Feb 03
- AMRT Q4 2021 Why Did It Take a Year to Learn the Rights Issue Went Nowhere?Jan 31
- BIRD Q4 2021 Did Reopening Actually Fix Taxi, or Just Pause the Bleeding for One Good Quarter?Dec 31
Q3 2021
- AMRT Q3 2021 Why Did Headcount Drop 14% Right After It Surged 23%?Dec 14
- BBRI Q3 2021 Profit Rose Through Indonesia's Deadliest Covid Quarter - But It Still Missed Its Own Credit Cost TargetOct 27
- BFIN Q3 2021 Bad Loans Improved This Quarter - So Why Does the Cure Rate Keep Falling?Oct 25
- BBCA Q3 2021 Did Indonesia's Worst Covid Wave Actually Show Up in the Loan Book?Oct 25
- ARTO Q3 2021 First Profit, First Cracks in a Perfect Loan BookOct 22
- BIRD Q3 2021 Was Indonesia's Delta Wave as Bad as 2020's Lockdown? The Numbers Say NoSep 30
Q2 2021
- BBRI Q2 2021 The 180% Profit 'Growth' Is a Trick of the Calendar, Not a TurnaroundAug 06
- BFIN Q2 2021 Higher Write-Offs, Lower Bad-Loan Ratio - Is a Lender Curing Debt or Erasing It?Aug 06
- ARTO Q2 2021 So Close to Breakeven, Except for Its First Related-Party LoansAug 05
- AMRT Q2 2021 Why Doesn't the Filing Mention the Deal That Sent the Stock Up 39%?Aug 03
- BBCA Q2 2021 Why Did a Record-High Loan Coverage Ratio Suddenly Collapse?Jul 23
- BIRD Q2 2021 Blue Bird's Q2 Revenue 'Doubled' YoY - But the Comparison Quarter Was the Full LockdownJun 30
Q1 2021
- AMRT Q1 2021 Why Did Profit Jump 42% in the Quarter Revenue Fell?May 11
- BBRI Q1 2021 NPL Coverage Hit 254.8% a Year After Covid-19 First Hit - This Time Without the Accounting BoostMay 06
- BFIN Q1 2021 Is a Rising Cure Rate Measuring Recovery, or Just an Expiry Date?May 05
- BBCA Q1 2021 Is a 280% Coverage Ratio Actually as Safe as It Sounds?Apr 23
- BIRD Q1 2021 One Year After Indonesia's First Covid Quarter, Is Blue Bird's Base Actually Low Enough to Beat?Mar 31
Q4 2020
- ARTO Q4 2020 A Loan Book Too New to Have Bad Loans YetApr 21
- BFIN Q4 2020 Is an 84% Cure Rate Finally Proof the Restructuring Actually Worked?Mar 15
- BBCA Q4 2020 The Restructuring Wave Guided Down Twice - Then Still UndershotFeb 08
- DNET Q4 2020 Revenue Nearly Doubled. Net Income Fell 37% Anyway.Feb 08
- BBRI Q4 2020 NPL Coverage Rocketed to a Record 248% in FY2020 - But Corporate Loans Kept Getting WorseFeb 04
- AMRT Q4 2020 After Three Silent Quarters, the Filed Books Finally Mention Covid-19 - and Shrug It OffFeb 03
- BIRD Q4 2020 Blue Bird's First Annual Loss Since Its IPO - So Why Did the Stock Rally 51% in Q4?Dec 31
Q3 2020
- BBRI Q3 2020 A Record Rp9.5 Trillion Was Provisioned in Q3 - So Why Did Coverage Keep Falling?Nov 05
- BFIN Q3 2020 Is Bad Debt Actually Falling, or Just Being Restructured Out of View?Nov 04
- AMRT Q3 2020 Why Did Profit Keep Falling After the Growth Engine Recovered?Nov 03
- BBCA Q3 2020 Is the Earnings Rebound Real, or Did the Restructuring Guidance Just Get Smaller?Nov 01
- BIRD Q3 2020 Q3 2020 Net Revenue Rebounded 51% as PSBB Eased - So Why Did Headcount Keep Falling Faster Than Ever?Sep 30
Q2 2020
- BBCA Q2 2020 Why Did Net Profit Fall Even as Restructuring Stayed 'Current'?Aug 31
- BBRI Q2 2020 Did the Capital 'Recovery' Just Mean Easing Off on Provisioning?Aug 14
- BFIN Q2 2020 Why Did Profit Halve While the Cash Pile Nearly Doubled?Aug 05
- AMRT Q2 2020 Why Did the Fastest-Growing Region Suddenly Stop Growing?Aug 04
- BIRD Q2 2020 Net Revenue Fell 71.6% Once Jakarta's Lockdown Actually Hit - and Management Finally Cut Its Own PayJun 30
Q1 2020
- BBCA Q1 2020 Why Did Corporate Borrowers Draw Down 10% More Credit in Six Weeks?Jun 08
- BBRI Q1 2020 The Capital Buffer Shrank Before a Single Covid Loan Went BadMay 15
- BFIN Q1 2020 How Did a Lender's Quietest Quarter Coincide With a 57% Stock Crash?May 08
- AMRT Q1 2020 Why Does the Best Quarter in Years Not Mention Covid-19 Once?May 08
- BIRD Q1 2020 The Taxi Business Just Posted Its First-Ever Loss - Before Jakarta Even Locked DownMar 31
Q4 2019
- BBCA Q4 2019 The Bad-Loan Spike That Un-Happened by Year-EndFeb 25
- BFIN Q4 2019 Was Closing a 20-Year-Old Lawsuit Worth Half a Year's Profit?Feb 19
- DNET Q4 2019 The Indomaret Stake Trading at 76 Times Earnings on Almost No VolumeFeb 05
- BBRI Q4 2019 Did the Corporate Loan Crisis Actually Get Fixed, or Just Written Off?Feb 04
- AMRT Q4 2019 Did the Margin Recovery Actually Survive a Full Year?Feb 04
- BIRD Q4 2019 FY2019: Profit Down 31%, But the Acer Fight Is Finally OverDec 31
Q3 2019
- BFIN Q3 2019 Is the Profit Slide Finally Over?Nov 08
- AMRT Q3 2019 Did the Margin Recovery Survive Without Ramadan?Nov 05
- BBCA Q3 2019 The Early-Warning Bucket Cooled the Same Quarter the Bad-Loan Ratio CrackedNov 05
- BIRD Q3 2019 Profit Fell 51% and the Stock Hit a New Low - Did the Multiple Finally Catch Up?Nov 04
- BBRI Q3 2019 The Special Mention Spike Nobody Explained Just Became a DefaultNov 04