IDX Records A Net Profit Reach Of IDR 673 Billion In 2024

JAKARTA PT Bursa Efek Indonesia (IDX) revealed that it has recorded positive financial performance by recording net profit growth for the year to IDR 673 billion, an increase of 16.3 percent compared to 2023 which amounted to IDR 579 billion.

IDX President Director Iman Rachman said the increase in net profit was supported by revenue growth which increased by 12.9 percent in 2024. This was done while maintaining the company's total burden growth at 10.7 percent.

"The growth in IDX revenue is significantly supported by the realization of the average daily transaction value (RNTH) in 2024 of IDR 12.85 trillion compared to 2023 of IDR 10.75 trillion," he said in a Public Expose, Wednesday, June 25.

Iman said that in addition to the increase in the income post for transaction services and clearing services, growth also occurred in information service revenues of 11.4 percent, supported by the growth in the number of datafeed customers in 2024.

In addition, he added, the IDX is also still able to maintain an increase in expenses of 10.7 percent or still below the increase in revenue.

Furthermore, Iman said the IDX was also able to maintain the Company's asset growth to Rp11.18 trillion, an increase of 6.5 percent with equity growth reaching 10.9 percent to Rp8.29 trillion.

"The IDX also maintains its commitment to maintaining growth the following year, as reflected in a number of investment expenditures that reached Rp279.57 billion, an increase of 32.5 percent in line with the start of the Trade and Supervision System Update project," he said.

According to him, this will also have an impact on reducing the Company's cash and cash equivalents by 24.5 percent throughout 2024.

Iman added that the IDX generated a positive free cash flow to equity, and reflected good financial conditions in terms of liquidity management during 2024.

"This condition illustrates the Company's ability to maintain the continuity of the Company's capital needs, especially to finance market development needs and maintain the continuity of capital market activities going forward," he concluded.