Reported Earnings • Aug 02
Second quarter 2026 earnings released: Rp0.001 loss per share (vs Rp0.59 loss in 2Q 2025) Second quarter 2026 results: Rp0.001 loss per share (improved from Rp0.59 loss in 2Q 2025). Revenue: Rp103.4b (up 301% from 2Q 2025). Net loss: Rp1.65m (loss narrowed 100% from 2Q 2025). Profit margin: 0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance. New Risk • Jun 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 89% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (Rp722.5b market cap, or US$40.5m). 공고 • May 12
PT Aman Agrindo Tbk, Annual General Meeting, Jun 19, 2026 PT Aman Agrindo Tbk, Annual General Meeting, Jun 19, 2026. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp0.03 (vs Rp0.92 loss in 1Q 2025) First quarter 2026 results: EPS: Rp0.03 (up from Rp0.92 loss in 1Q 2025). Revenue: Rp40.9b (up 4.0% from 1Q 2025). Net income: Rp36.5m (up Rp1.02b from 1Q 2025). Profit margin: 0.1% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2025 earnings released: Rp6.33 loss per share (vs Rp1.35 profit in FY 2024) Full year 2025 results: Rp6.33 loss per share (down from Rp1.35 profit in FY 2024). Revenue: Rp200.1b (down 33% from FY 2024). Net loss: Rp6.78b (down Rp8.23b from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 09
President Commissioner recently bought Rp5.6b worth of stock On the 4th of March, Irsyad Hanif bought around 18m shares on-market at roughly Rp309 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Rp32b more in shares than they bought in the last 12 months. Recent Insider Transactions • Jan 13
President Director recently sold Rp4.3b worth of stock On the 9th of January, Andreas Utomo sold around 15m shares on-market at roughly Rp288 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Rp12b. Andreas has been a net seller over the last 12 months, reducing personal holdings by Rp24b. New Risk • Dec 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (Rp15b sold). Market cap is less than US$100m (Rp252.6b market cap, or US$15.2m). Recent Insider Transactions • Dec 20
President Director recently sold Rp12b worth of stock On the 16th of December, Andreas Utomo sold around 41m shares on-market at roughly Rp290 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andreas has been a net seller over the last 12 months, reducing personal holdings by Rp16b. Reported Earnings • Nov 04
Third quarter 2025 earnings released: Rp5.18 loss per share (vs Rp0.21 profit in 3Q 2024) Third quarter 2025 results: Rp5.18 loss per share (down from Rp0.21 profit in 3Q 2024). Revenue: Rp29.4b (down 57% from 3Q 2024). Net loss: Rp5.55b (down Rp5.77b from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. New Risk • Oct 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (Rp567.3b market cap, or US$34.0m). 공고 • May 21
PT Aman Agrindo Tbk, Annual General Meeting, Jun 26, 2025 PT Aman Agrindo Tbk, Annual General Meeting, Jun 26, 2025. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: Rp0.21 (vs Rp0.43 in 3Q 2023) Third quarter 2024 results: EPS: Rp0.21 (down from Rp0.43 in 3Q 2023). Revenue: Rp68.0b (down 42% from 3Q 2023). Net income: Rp221.7m (down 51% from 3Q 2023). Profit margin: 0.3% (down from 0.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Recent Insider Transactions • Oct 21
President Director recently sold Rp13b worth of stock On the 18th of October, Andreas Utomo sold around 36m shares on-market at roughly Rp363 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andreas' only on-market trade for the last 12 months. New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (Rp1.07t market cap, or US$69.2m). Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: Rp0.22 (vs Rp1.40 in 2Q 2023) Second quarter 2024 results: EPS: Rp0.22 (down from Rp1.40 in 2Q 2023). Revenue: Rp53.0b (down 31% from 2Q 2023). Net income: Rp233.3m (down 85% from 2Q 2023). Profit margin: 0.4% (down from 2.0% in 2Q 2023). The decrease in margin was driven by lower revenue. 공고 • May 19
PT Aman Agrindo Tbk, Annual General Meeting, Jun 25, 2024 PT Aman Agrindo Tbk, Annual General Meeting, Jun 25, 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: Rp0.51 (vs Rp1.46 in 1Q 2023) First quarter 2024 results: EPS: Rp0.51 (down from Rp1.46 in 1Q 2023). Revenue: Rp69.3b (down 16% from 1Q 2023). Net income: Rp548.7m (down 65% from 1Q 2023). Profit margin: 0.8% (down from 1.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 07
Full year 2023 earnings released: EPS: Rp3.00 (vs Rp1.65 in FY 2022) Full year 2023 results: EPS: Rp3.00 (up from Rp1.65 in FY 2022). Revenue: Rp360.9b (up 100% from FY 2022). Net income: Rp3.21b (up 106% from FY 2022). Profit margin: 0.9% (in line with FY 2022). New Risk • Nov 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (Rp706.4b market cap, or US$45.2m). New Risk • Aug 04
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.5% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (Rp353.2b market cap, or US$23.3m). Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: EPS: Rp1.40. Net income: Rp1.50b (up Rp1.50b from 2Q 2022). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 17% share price gain to Rp210, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 23x in the Consumer Retailing industry in Indonesia.