Income Statement PT Modern Internasional Tbk

Stocks

MDRN

ID1000123300

Office Equipment

End-of-day quote INDONESIA S.E. 30/06/2026			5-day change	1st Jan Change
26.00 ^IDR	-7.14%		-.--%	-40.91%

05-22	PT Modern Internasional Tbk Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-18	PT Modern Internasional Tbk Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: PT MODERN INTERNASIONAL TBK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (IDR)	2022 (IDR)	2023 (IDR)	2024 (IDR)	2025 (IDR)
Revenues	78.13B	65.02B	49.22B	37.12B	33.74B
Total Revenues	78.13B	65.02B	49.22B	37.12B	33.74B
Cost of Goods Sold, Total	52.86B	35.68B	20.12B	8.99B	8.74B
Gross Profit	25.27B	29.34B	29.09B	28.13B	25B
Selling General & Admin Expenses, Total	38.85B	32.78B	30.47B	31.86B	26.43B
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	-186B	-5.8B	-2.78B	-14.89B	105M
Other Operating Expenses, Total	-147B	26.98B	27.68B	16.97B	26.54B
Operating Income	172B	2.36B	1.41B	11.16B	-1.54B
Interest Expense, Total	-3.05B	-816M	-851M	-26.63B	-3.4B
Interest And Investment Income	4.49M	6.79M	4.51M	9.17M	1.4M
Net Interest Expenses	-3.04B	-809M	-846M	-26.62B	-3.4B
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-724M	-	-142M	-87.87M	-
EBT, Excl. Unusual Items	168B	1.55B	422M	-15.55B	-4.93B
Gain (Loss) On Sale Of Investments	-	-	-	-5.43B	-
Gain (Loss) On Sale Of Assets	13.98M	1.39B	184M	27.26M	75.83B
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	75.25B	11.72B	24.4B	-
EBT, Incl. Unusual Items	168B	78.19B	12.33B	3.45B	70.89B
Income Tax Expense	41.54B	354M	645M	-5.32B	621M
Earnings From Continuing Operations	127B	77.84B	11.68B	8.77B	70.27B
Net Income to Company	127B	77.84B	11.68B	8.77B	70.27B
Minority Interest	-	-	-	-	-
Net Income - (IS)	127B	77.84B	11.68B	8.77B	70.27B
Net Income to Common Incl Extra Items	127B	77.84B	11.68B	8.77B	70.27B
Net Income to Common Excl. Extra Items	127B	77.84B	11.68B	8.77B	70.27B
Per Share Items
Net EPS - Basic	16.62	10.2	1.53	1.15	9.21
Basic EPS - Continuing Operations	16.62	10.2	1.53	1.15	9.21
Basic Weighted Average Shares Outstanding	7.63B	7.63B	7.63B	7.63B	7.63B
Net EPS - Diluted	16.62	10.2	1.53	1.15	9.21
Diluted EPS - Continuing Operations	16.62	10.2	1.53	1.15	9.21
Diluted Weighted Average Shares Outstanding	7.63B	7.63B	7.63B	7.63B	7.63B
Normalized Basic EPS	13.79	0.13	0.03	-1.27	-0.4
Normalized Diluted EPS	13.79	0.13	0.03	-1.27	-0.4
Supplemental Items
EBITDA	180B	10.57B	10.43B	20.46B	7.6B
EBITA	172B	2.36B	1.41B	11.16B	-1.54B
EBIT	172B	2.36B	1.41B	11.16B	-1.54B
EBITDAR	180B	10.67B	-	-	-
Effective Tax Rate - (Ratio)	24.67	0.45	5.23	-154.07	0.88
Current Domestic Taxes	-	-	-	-	774M
Total Current Taxes	-	-	-	-	774M
Deferred Domestic Taxes	41.54B	354M	645M	-5.32B	-153M
Total Deferred Taxes	41.54B	354M	645M	-5.32B	-153M
Normalized Net Income	105B	968M	264M	-9.72B	-3.08B
Interest on Long-Term Debt	28.06M	13.45M	48.19M	-	-
Non-Cash Pension Expense	130M	-326M	122M	84.17M	110M
Supplemental Operating Expense Items
Advertising Expense	1.31B	1.18B	212M	193M	92.5M
Selling and Marketing Expenses	31.72B	24.54B	18.8B	20.01B	20.77B
General and Administrative Expenses	6.64B	8.14B	11.66B	11.85B	5.66B
Net Rental Expense, Total	489M	100M	-	-	-
Imputed Operating Lease Interest Expense	21.1M	1.3M	-	-	-
Imputed Operating Lease Depreciation	467M	98.97M	-	-	-
Maintenance & Repair Expenses, Total	1.65B	929M	1.26B	1.27B	1.07B

Fiscal Period: December	2021 (IDR)	2022 (IDR)	2023 (IDR)	2024 (IDR)	2025 (IDR)
Assets
Cash And Equivalents	2.31B	3.3B	958M	1.92B	927M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	2.31B	3.3B	958M	1.92B	927M
Accounts Receivable, Total	12.11B	10.01B	6.2B	4.68B	4.44B
Other Receivables	31.92B	852M	926M	962M	850M
Total Receivables	44.03B	10.87B	7.13B	5.65B	5.29B
Inventory	26.04B	25.69B	22.45B	21.66B	20.58B
Prepaid Expenses	1.7B	3.72B	2.26B	1.11B	6.27B
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	-	-	-	3.16B	3.16B
Total Current Assets	74.08B	43.57B	32.8B	33.49B	36.23B
Gross Property Plant And Equipment	448B	453B	451B	448B	452B
Accumulated Depreciation	-300B	-306B	-307B	-310B	-318B
Net Property Plant And Equipment	148B	147B	144B	138B	133B
Long-term Investments	19.28B	29.77B	29.77B	-	-
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	1.8B	1.41B	698M	5.99B	6.19B
Other Long-Term Assets, Total	2.92B	2.98B	2.04B	1.76B	845M
Total Assets	247B	225B	209B	179B	177B
Liabilities
Accounts Payable, Total	4.39B	5.8B	4.03B	3.7B	4B
Accrued Expenses, Total	45.48B	43.95B	38.2B	54.33B	57.52B
Short-term Borrowings	62.57B	42.29B	37.04B	4.47B	4.47B
Current Portion of Long-Term Debt	194B	18.17B	5.77B	59.69B	59.15B
Current Portion of Leases	2.5B	3.29B	3.25B	3.24B	3.24B
Current Income Taxes Payable	9.81B	10.59B	10.49B	10.6B	6.93B
Other Current Liabilities	36.49B	29.64B	29.43B	42.73B	44.5B
Total Current Liabilities	355B	154B	128B	179B	180B
Long-Term Debt	291B	384B	382B	301B	228B
Long-Term Leases	882M	13.07M	-	-	-
Pension & Other Post Retirement Benefits	2.34B	1.82B	1.6B	1.56B	2.03B
Deferred Tax Liability Non Current	-	2.31B	2.31B	-	-
Other Non Current Liabilities	8.05B	8.05B	8.05B	6.99B	6.02B
Total Liabilities	658B	550B	522B	489B	416B
Common Stock, Total	633B	633B	633B	633B	633B
Additional Paid In Capital	671B	671B	671B	671B	671B
Retained Earnings	-1,713B	-1,635B	-1,623B	-1,614B	-1,544B
Comprehensive Income and Other	-3.08B	5.1B	5.1B	-	-
Total Common Equity	-411B	-325B	-313B	-309B	-239B
Minority Interest	-	-	-	-	-
Total Equity	-411B	-325B	-313B	-309B	-239B
Total Liabilities And Equity	247B	225B	209B	179B	177B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.63B	7.63B	7.63B	7.63B	7.63B
ECS Total Common Shares Outstanding	7.63B	7.63B	7.63B	7.63B	7.63B
Book Value / Share	-53.85	-42.57	-41	-40.51	-31.32
Tangible Book Value	-411B	-325B	-313B	-309B	-239B
Tangible Book Value Per Share	-53.85	-42.57	-41	-40.51	-31.32
Total Debt	551B	447B	428B	369B	295B
Net Debt	549B	444B	427B	367B	294B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.34B	1.82B	1.6B	1.56B	2.03B
Debt Equivalent Oper. Leases	3.91B	802M	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	25.56B	24.54B	22.2B	21.36B	23.77B
Land - (BS)	100B	99.82B	99.67B	99.12B	98.62B
Buildings, Total	21.49B	20.1B	20B	13.4B	12.94B
Machinery, Total	325B	330B	329B	332B	332B
Full Time Employees	34	35	28	31	14
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	7.79M	101M	2.31B	135M	153M

Fiscal Period: December	2021 (IDR)	2022 (IDR)	2023 (IDR)	2024 (IDR)	2025 (IDR)
Net Income	127B	77.84B	11.68B	8.77B	70.27B
Depreciation & Amortization - CF	7.8B	8.31B	9.06B	9.3B	9.14B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	7.8B	8.31B	9.06B	9.3B	9.14B
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	-131B	-76.46B	-15.72B	-9.95B	-85.45B
Cash from Operations	3.21B	9.69B	5.02B	8.12B	-6.04B
Capital Expenditure	-311M	-7.4B	-6.36B	-7.31B	-4.65B
Sale of Property, Plant, and Equipment	55.19M	1.44B	2.35B	27.26M	76.7B
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-5K
Other Investing Activities, Total	-	30.67B	-	-	-
Cash from Investing	-256M	24.71B	-4.01B	-7.28B	72.05B
Short Term Debt Issued, Total	-	-	-	785M	11.29B
Long-Term Debt Issued, Total	3.19B	-	-	-	-
Total Debt Issued	3.19B	-	-	785M	11.29B
Short Term Debt Repaid, Total	-5.08B	-	-	-	-
Long-Term Debt Repaid, Total	-37.76B	-11.21B	-2.17B	-1.57B	-78.28B
Total Debt Repaid	-42.84B	-11.21B	-2.17B	-1.57B	-78.28B
Other Financing Activities, Total	35.97B	-22.2B	-1.18B	909M	-
Cash from Financing	-3.67B	-33.41B	-3.35B	126M	-67B
Net Change in Cash	-722M	990M	-2.34B	958M	-988M
Supplemental Items
Cash Interest Paid	2.78B	631M	816M	187M	1.51B
Cash Income Tax Paid (Refund)	-92.08M	136M	910M	845M	-910M
Levered Free Cash Flow	-40.44B	32.6B	3.64B	13.8B	-715M
Unlevered Free Cash Flow	-38.54B	33.11B	4.18B	30.44B	1.41B
Change In Net Working Capital	154B	-30.73B	-594M	-21.48B	2.12B
Net Debt Issued / Repaid	-39.64B	-11.21B	-2.17B	-783M	-67B

Fiscal Period: December	2021 (IDR)	2022 (IDR)	2023 (IDR)	2024 (IDR)	2025 (IDR)
Profitability
Return on Assets	38.94	0.63	0.41	3.59	-0.54
Return on Total Capital	119.06	1.1	0.74	8.37	-1.67
Return On Equity %	-26.73	-21.16	-3.66	-2.82	-25.63
Return on Common Equity	-26.73	-21.16	-3.66	-2.82	-25.63
Margin Analysis
Gross Profit Margin %	32.34	45.12	59.12	75.78	74.09
SG&A Margin	49.72	50.41	61.9	85.81	78.35
EBITDA Margin %	230.26	16.26	21.19	55.11	22.53
EBITA Margin %	220.27	3.63	2.87	30.06	-4.56
EBIT Margin %	220.27	3.63	2.87	30.06	-4.56
Income From Continuing Operations Margin %	162.3	119.72	23.73	23.62	208.3
Net Income Margin %	162.3	119.72	23.73	23.62	208.3
Net Avail. For Common Margin %	162.3	119.72	23.73	23.62	208.3
Normalized Net Income Margin	134.66	1.49	0.54	-26.17	-9.14
Levered Free Cash Flow Margin	-51.76	50.14	7.4	37.16	-2.12
Unlevered Free Cash Flow Margin	-49.32	50.93	8.48	82	4.17
Asset Turnover
Asset Turnover	0.28	0.28	0.23	0.19	0.19
Fixed Assets Turnover	0.51	0.44	0.34	0.26	0.25
Receivables Turnover (Average Receivables)	5.68	5.88	6.07	6.82	7.4
Inventory Turnover (Average Inventory)	2.05	1.38	0.84	0.41	0.45
Short Term Liquidity
Current Ratio	0.21	0.28	0.26	0.19	0.2
Quick Ratio	0.13	0.09	0.06	0.04	0.03
Operating Cash Flow to Current Liabilities	0.01	0.06	0.04	0.05	-0.03
Days Sales Outstanding (Average Receivables)	64.21	62.11	60.14	53.67	49.34
Days Outstanding Inventory (Average Inventory)	178.08	264.61	436.64	897.77	803.75
Average Days Payable Outstanding	27.79	52.64	106.23	172.48	123.12
Cash Conversion Cycle (Average Days)	214.51	274.08	390.54	778.97	729.98
Long Term Solvency
Total Debt/Equity	-134.06	-137.7	-136.8	-119.27	-123.28
Total Debt / Total Capital	393.59	365.25	371.77	619.03	529.54
LT Debt/Equity	-71.08	-118.08	-122.08	-97.47	-95.32
Long-Term Debt / Total Capital	208.68	313.2	331.77	505.91	409.42
Total Liabilities / Total Assets	266.69	244.62	249.55	272.27	235.32
EBIT / Interest Expense	56.45	2.89	1.66	0.42	-0.45
EBITDA / Interest Expense	59.01	13.07	12.31	0.77	2.24
(EBITDA - Capex) / Interest Expense	58.91	4	4.83	0.49	0.87
Total Debt / EBITDA	3.06	41.93	40.89	18.03	38.78
Net Debt / EBITDA	3.05	41.62	40.79	17.93	38.65
Total Debt / (EBITDA - Capex)	3.07	136.93	104.15	28.05	99.88
Net Debt / (EBITDA - Capex)	3.06	135.92	103.91	27.91	99.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.45	-16.79	-24.3	-24.57	-9.12
Gross Profit, 1 Yr. Growth %	-23.14	16.08	-0.82	-3.31	-11.14
EBITDA, 1 Yr. Growth %	10.03K	-94.13	-1.31	96.15	-62.85
EBITA, 1 Yr. Growth %	-2.86K	-98.63	-40.18	690.98	-113.79
EBIT, 1 Yr. Growth %	-2.86K	-98.63	-40.18	690.98	-113.79
Earnings From Cont. Operations, 1 Yr. Growth %	-161.04	-38.62	-84.99	-24.93	701.31
Net Income, 1 Yr. Growth %	-161.04	-38.62	-84.99	-24.93	701.31
Normalized Net Income, 1 Yr. Growth %	-1.52K	-99.08	-72.73	-3.78K	-68.26
Diluted EPS Before Extra, 1 Yr. Growth %	-161.04	-38.62	-84.99	-24.93	701.31
Accounts Receivable, 1 Yr. Growth %	-21.26	-17.31	-38.05	-24.5	-5.27
Inventory, 1 Yr. Growth %	1.98	-1.37	-12.6	-3.53	14.96
Net Property, Plant and Equip., 1 Yr. Growth %	-5.66	-1.06	-2.01	-3.97	-3.5
Total Assets, 1 Yr. Growth %	-19.39	-8.89	-6.85	-14.23	-1.57
Tangible Book Value, 1 Yr. Growth %	-23.6	-20.96	-3.67	-1.2	-22.68
Common Equity, 1 Yr. Growth %	-23.6	-20.96	-3.67	-1.2	-22.68
Cash From Operations, 1 Yr. Growth %	-82.73	202	-48.21	61.74	-174.42
Capital Expenditures, 1 Yr. Growth %	-97.9	2.28K	-14.08	14.96	-36.4
Levered Free Cash Flow, 1 Yr. Growth %	-52.45	-171.29	-88.82	18.91	-105.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-52.96	-175.55	-87.39	150.85	-95.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-21.08	-13.68	-20.63	-24.44	-17.21
Gross Profit, 2 Yr. CAGR %	-29.25	-5.54	7.3	-2.08	-7.31
EBITDA, 2 Yr. CAGR %	173.06	143.88	-75.92	39.13	-14.63
EBITA, 2 Yr. CAGR %	510.33	-38.49	-90.95	117.53	4.44
EBIT, 2 Yr. CAGR %	510.33	-38.49	-90.95	117.53	4.44
Earnings From Cont. Operations, 2 Yr. CAGR %	53.29	-38.79	-69.65	-66.43	145.27
Net Income, 2 Yr. CAGR %	53.29	-38.79	-69.65	-66.43	145.27
Normalized Net Income, 2 Yr. CAGR %	141.52	-63.83	-94.99	216.78	241.74
Diluted EPS Before Extra, 2 Yr. CAGR %	53.29	-38.79	-69.65	-66.43	145.27
Accounts Receivable, 2 Yr. CAGR %	-30.3	-19.31	-28.43	-31.61	-15.43
Inventory, 2 Yr. CAGR %	-19.76	0.29	-7.15	-8.18	-4.25
Net Property, Plant and Equip., 2 Yr. CAGR %	-39.55	-3.39	-1.54	-3	-3.73
Total Assets, 2 Yr. CAGR %	-36.7	-14.3	-7.88	-10.61	-8.12
Tangible Book Value, 2 Yr. CAGR %	11.54	-22.29	-12.74	-2.44	-12.6
Common Equity, 2 Yr. CAGR %	11.54	-22.29	-12.74	-2.44	-12.6
Cash From Operations, 2 Yr. CAGR %	-57.91	-27.77	25.06	-8.48	9.72
Capital Expenditures, 2 Yr. CAGR %	-88.23	-29.36	352.36	-0.61	-14.49
Levered Free Cash Flow, 2 Yr. CAGR %	-18.11	-38.09	-71.77	-34.95	-75.18
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.37	-36.43	-69.13	-4.12	-65.94
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.51	-19.67	-17.38	-21.97	-19.64
Gross Profit, 3 Yr. CAGR %	23.91	-16.55	-3.99	3.64	-5.2
EBITDA, 3 Yr. CAGR %	66.97	-24.06	80.39	-51.55	-10.41
EBITA, 3 Yr. CAGR %	37.59	-20.08	-39.06	-59.82	-13.27
EBIT, 3 Yr. CAGR %	37.59	-20.08	-39.06	-59.82	-13.27
Earnings From Cont. Operations, 3 Yr. CAGR %	48.69	12.98	-61.69	-58.95	-3.35
Net Income, 3 Yr. CAGR %	48.69	12.98	-61.69	-58.95	-3.35
Normalized Net Income, 3 Yr. CAGR %	47.14	-62.28	-67.08	-54.8	47.13
Diluted EPS Before Extra, 3 Yr. CAGR %	27.08	12.98	-61.69	-58.95	-3.35
Accounts Receivable, 3 Yr. CAGR %	16.16	-26.22	-26.12	-27.14	-23.76
Inventory, 3 Yr. CAGR %	-6.97	-14.05	-4.2	-5.96	-7.12
Net Property, Plant and Equip., 3 Yr. CAGR %	-28.96	-28.76	-2.93	-2.36	-3.16
Total Assets, 3 Yr. CAGR %	-32.97	-28.53	-11.89	-10.04	-7.7
Tangible Book Value, 3 Yr. CAGR %	0.65	-0.56	-16.52	-9.05	-9.72
Common Equity, 3 Yr. CAGR %	0.65	-0.56	-16.52	-9.05	-9.72
Cash From Operations, 3 Yr. CAGR %	-62.97	-18.82	-35.36	36.25	-14.58
Capital Expenditures, 3 Yr. CAGR %	-75.93	-30.9	-24.59	186.53	-14.36
Levered Free Cash Flow, 3 Yr. CAGR %	50.26	-18.54	-65.01	-32.93	-72.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	27.46	-5.8	-62.92	-11.44	-65.1
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-38.55	-21.96	-10.21	-21.61	-17.31
Gross Profit, 5 Yr. CAGR %	-25.36	4.9	16.98	-11.04	-5.33
EBITDA, 5 Yr. CAGR %	-16.6	-49.17	-23.05	-3.25	33.73
EBITA, 5 Yr. CAGR %	-23.03	-64.98	-53.67	19.29	-24.4
EBIT, 5 Yr. CAGR %	-23.33	-65.01	-53.67	19.29	-24.4
Earnings From Cont. Operations, 5 Yr. CAGR %	-27.65	-40.71	-21.25	-30.47	-19.49
Net Income, 5 Yr. CAGR %	-27.58	-40.66	-21.25	-30.47	-19.49
Normalized Net Income, 5 Yr. CAGR %	-26.01	-69.15	-61.93	-11.64	-16.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-34.62	-46.43	-28.33	-30.47	-19.49
Accounts Receivable, 5 Yr. CAGR %	-25.88	-8.1	-4.29	-28.42	-22.01
Inventory, 5 Yr. CAGR %	-25.99	-10.96	-7.04	-11.74	-4.22
Net Property, Plant and Equip., 5 Yr. CAGR %	-34.4	-19.33	-19.05	-19.4	-3.25
Total Assets, 5 Yr. CAGR %	-34.09	-23.79	-23.88	-21.84	-10.4
Tangible Book Value, 5 Yr. CAGR %	-7.3	-4.58	-4.94	-1.31	-14.97
Common Equity, 5 Yr. CAGR %	-8.63	-4.58	-4.94	-1.31	-14.97
Cash From Operations, 5 Yr. CAGR %	-47.6	-37.17	-39.74	-14.83	-20.12
Capital Expenditures, 5 Yr. CAGR %	-59.01	-34.32	-22.18	-20.09	-20.7
Levered Free Cash Flow, 5 Yr. CAGR %	-21.85	-20.38	-21.11	-25.55	-61.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	-28.85	-4.78	-25.84	-5.13	-55.64