MNC Sky Vision Tbk PT

MNC Sky Vision Tbk PT has a liquidity position that is slightly below the ideal, with a current ratio of 0.98, indicating that its current assets are nearly equal to its current liabilities. The company's debt-to-equity ratio is 0.1, suggesting a relatively low level of leverage compared to its equity base. However, the company's free cash flow is negative at -15.47 billion IDR, which may indicate challenges in generating sufficient cash to fund operations and capital expenditures.

The company's profitability is underperforming, with a return on equity of -3.32% and a return on assets of -2.13%, both of which are negative and significantly below the industry median for broadcasting firms. These metrics suggest that the company is not effectively utilizing its equity and assets to generate returns, which could be a concern for investors.

MNC Sky Vision Tbk PT's revenue is primarily concentrated in the broadcasting segment, with no significant diversification into other business lines. The company's geographic exposure is primarily within Indonesia, with no material international operations reported in the latest financial data. This concentration may expose the company to regional economic and regulatory risks.

The company's growth trajectory appears to be constrained, with no significant revenue growth reported in the latest financial period. The operating cash flow of 122.26 billion IDR is positive but may not be sufficient to cover the capital expenditures of 39.91 billion IDR, which could impact the company's ability to invest in future growth opportunities. The negative net income of 60.49 billion IDR further underscores the financial challenges the company is facing.

The company's risk profile is characterized by medium liquidity risk and low dilution potential. The key risk flag is the negative net cash position after subtracting total debt, which could affect the company's ability to meet short-term obligations. The company has not disclosed any significant dilution sources in recent filings, and there is no indication of near-term pressure to issue additional shares.

There are no recent events or filings that indicate significant changes in the company's operations or financial position. The company's latest financial report does not mention any major strategic initiatives or regulatory actions that could impact its future performance.

Operating income surged 228.6% year-over-year to IDR 90.5 billion, signaling a significant turnaround in core operational profitability.

Gross profit turned positive at IDR 126.3 billion, reversing a multi-year trend of negative gross margins and improving top-line efficiency.

Net losses narrowed by 22.5% year-over-year to IDR 90.5 billion, indicating a reduction in the severity of annual financial deficits.

The debt-to-equity ratio of 0.1 is well below the broadcasting cohort median of 0.25, suggesting a conservative capital structure.

Dilution risk is assessed as low, providing some stability for existing shareholders amidst the company's ongoing financial restructuring efforts.

Credit risk is flagged as high, indicating significant concerns regarding the company's ability to meet its financial obligations.

Revenue IDR 741.05B, −33,5% YoY; Operating income −17,7% YoY.

• ▍Revenue IDR 741.05B, −33,5% YoY
• ▍Operating income −17,7% YoY
• ▍Net income −12,3% YoY
• ▍Free cash flow −104,7% YoY
• ▍Net margin -37.1%

Revenue IDR 1.11T, −23,7% YoY; Operating income −283,5% YoY.

• ▍Revenue IDR 1.11T, −23,7% YoY
• ▍Operating income −283,5% YoY
• ▍Net income −34,6% YoY
• ▍Free cash flow −46,1% YoY
• ▍Net margin -21.9%

Revenue IDR 1.46T; Operating income -IDR 47.46B.

• ▍Revenue IDR 1.46T
• ▍Operating income -IDR 47.46B
• ▍Net margin -12.5%