Firmus Group is preparing to launch its initial public offering later this year with up to $30 billion in committed annual revenue, a figure that underscores the scale of demand for hyperscale infrastructure in the Asia-Pacific region.
The company and its advisers are targeting a public offering in the September quarter, with a listing expected in the final quarter of 2026.
Firmus has previously outlined plans for a major data centre development on an Indonesian island near Singapore, a project projected to generate $43 billion in revenue over its first six years of operation.
The revenue commitment reflects growing confidence among existing investors following Firmus’s strategic expansion into Indonesia.
The move into the archipelago nation represents a significant step in the company’s growth trajectory, diversifying its footprint beyond its initial markets and tapping into one of the region’s fastest-growing digital economies.
Firmus has previously outlined plans for a major data centre development on an Indonesian island near Singapore, a project projected to generate $43 billion in revenue over its first six years of operation.
This ambitious build-out is central to the company’s valuation narrative as it approaches the public markets.