Elang Mahkota Teknologi Management

Management criteria checks 2/4

Elang Mahkota Teknologi's CEO is Adi Sariaatmadja, appointed in Apr 2015, has a tenure of 10.08 years. directly owns 1.51% of the company’s shares, worth IDR493.67B. The average tenure of the management team and the board of directors is 8.8 years and 13 years respectively.

Key information

Adi Sariaatmadja

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.1yrs
CEO ownership	1.5%
Management average tenure	8.8yrs
Board average tenure	13yrs

Recent management updates

Recent updates

CEO

Adi Sariaatmadja (41 yo)

10.1yrs

Tenure

Mr. Alvin Widarta Sariaatmadja, also known as Adi, is Transaction Advisor (Tap Member) of Growtheum Capital Partners Pte. Ltd. Mr. Sariaatmadja is the Chief Executive Officer of PT Elang Mahkota Teknologi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alvin Sariaatmadja	President Director	10.1yrs	no data	1.51% IDR 493.7b
Sri Dewi	Head of Finance & Planning Division	no data	no data	no data
Saka Nainggolan	Head of Accounting & Tax Division	no data	no data	no data
Olle Wennerdahl	Head of Investor Relation	no data	no data	no data
Andya Daniswara	Head of Business Development	no data	no data	no data
Giatrycks Sianipar	Head of Internal Audit Division	8.8yrs	no data	no data
Titi Rusli	Company Secretary & Director	8.6yrs	no data	0.020% IDR 6.4b

8.8yrs

Average Tenure

47.5yo

Average Age

Experienced Management: EMTK's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alvin Sariaatmadja	President Director	14.3yrs	no data	1.51% IDR 493.7b
Titi Rusli	Company Secretary & Director	10.1yrs	no data	0.020% IDR 6.4b
Eddy Sariaatmadja	President Commissioner	36.3yrs	no data	21.98% IDR 7.2t
Jay Wacher	Director	5.9yrs	no data	0.090% IDR 29.4b
Susanto Suwarto	Commissioner	13yrs	no data	11.64% IDR 3.8t
Sutanto Hartono	Vice President Director	13yrs	no data	0.056% IDR 18.2b
Stan Maringka	Independent Commissioner	18.3yrs	no data	no data
Yuslinda Nasution	Director	15.7yrs	no data	0.023% IDR 7.5b
Sutiana Ali	Director	8yrs	no data	0.019% IDR 6.3b
Marianna Sutadi	Independent Commissioner	2.9yrs	no data	no data

13.0yrs

Average Tenure

62yo

Average Age

Experienced Board: EMTK's board of directors are seasoned and experienced ( 13 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/01 18:28
End of Day Share Price	2025/04/30 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PT Elang Mahkota Teknologi Tbk is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sachin Maniar	CGS International
Willy Suwanto	CGS International
Shuo Han Tan	HSBC

Elang Mahkota Teknologi Management

Management criteria checks 2/4

Key information

Recent management updates

PT Elang Mahkota Teknologi Tbk, Annual General Meeting, Apr 28, 2025

No independent directors

No independent directors

Recent updates

PT Elang Mahkota Teknologi Tbk announces Annual dividend, payable on May 28, 2025

PT Elang Mahkota Teknologi Tbk, Annual General Meeting, Apr 28, 2025

Third quarter 2024 earnings released: EPS: Rp4.79 (vs Rp4.62 in 3Q 2023)

Investor sentiment improves as stock rises 16%

PT Elang Mahkota Teknologi Tbk (IDX:EMTK) acquired 9.54% stake in PT Bukalapak.com Tbk. (IDX:BUKA).

Second quarter 2024 earnings released: Rp1.79 loss per share (vs Rp1.86 loss in 2Q 2023)

Price target decreased by 29% to Rp540

Consensus revenue estimates fall by 41%

Upcoming dividend of Rp4.00 per share

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: Rp4.25 (vs Rp5.43 loss in 1Q 2023)

Price target decreased by 7.0% to Rp753

Second quarter 2023 earnings released: Rp1.86 loss per share (vs Rp22.43 loss in 2Q 2022)

New minor risk - Share price stability

Consensus EPS estimates increase by 15%, revenue downgraded

Investor sentiment improves as stock rises 23%

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: Rp5.43 loss per share (vs Rp67.19 profit in 1Q 2022)

Consensus revenue estimates increase by 11%, EPS downgraded

Investor sentiment deteriorates as stock falls 17%

Price target decreased to Rp2,550

Investor sentiment deteriorated over the past week

Price target decreased to Rp2,550

No independent directors

Third quarter 2022 earnings released: EPS: Rp46.55 (vs Rp0.79 loss in 3Q 2021)

Price target decreased to Rp2,550

Consensus forecasts updated

Investor sentiment improved over the past week

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment deteriorated over the past week

No independent directors

Investor sentiment improved over the past week

PT Elang Mahkota Teknologi Tbk Ordinary Shares to Be Deleted from Other OTC

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Consensus forecasts updated

Third quarter 2021 earnings released: Rp0.79 loss per share (vs Rp12.48 profit in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

PT Elang Mahkota Teknologi Tbk announced that it has received $150 million in funding from NAVER Corporation

New 90-day high: Rp2,140

New 90-day high: Rp1,930

New 90-day high: Rp1,925

New 90-day high: Rp1,905

New 90-day high: Rp1,900

New 90-day high: Rp1,845

New 90-day high: Rp16,300

New 90-day high: Rp15,400

New 90-day high: Rp9,975

New 90-day high: Rp9,200

Third quarter earnings released

New 90-day high: Rp7,700

New 90-day high: Rp7,400

New 90-day high - Rp5,750

New 90-day high - Rp5,475

PT Surya Citra Media Tbk (IDX:SCMA) completed the acquisition of 99.99% stake in PT Binary Ventura Indonesia from PT Elang Mahkota Teknologi Tbk (IDX:EMTK).

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources