PT Era Digital Media Tbk engages in the field of content service providers in collaboration with telecommunications companies to distribute content in Indonesia. It operates through Premium SMS Content; File Storage and Processing (Cloud); and Others segments. The company offers information technology and computer consulting, and other services; and other computer programming and software publishing, as well as engages in holding company activities. It also provides mobile games, OTT religion and movies, cooperation with third-party licenses, and ring back tones, infrastructure as a service, platform as a service, software as a service, database as a service, and managed services. The company was founded in 2015 and is headquartered in Jakarta, Indonesia. PT Era Digital Media Tbk is a subsidiary of PT Rajati Alia Kapital.
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
Over the last 7 days, the market has risen 1.3%, driven by gains of 9.1% in the Utilities sector. Meanwhile, the Materials sector has underperformed, shrinking 3.1% in that time. The market is up 5.9% over the last 12 months. Looking forward, earnings are forecast to grow by 8.4% annually. Market details ›