Earnings Call Summary | GOTO GOJEK TOKOPEDIA TBK(GTOFF.US) Q1 2024 Earnings Conference
Earnings Call Summary | GOTO GOJEK TOKOPEDIA TBK(GTOFF.US) Q1 2024 Earnings Conference
The following is a summary of the PT GoTo Gojek Tokopedia Tbk (GTOFF) Q1 2024 Earnings Call Transcript:
以下是PT GoTo Gojek Tokopedia Tbk（GTOFF）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
PT GoTo Gojek Tokopedia Tbk recorded pro forma core GTV increase by 32% and gross revenue increase by 80% in Q1 2024.
The company experienced slight negative pro forma adjusted EBITDA of IDR102 billion due to increased FinTech investments and seasonal slowness with year-on-year adjusted EBITDA losses decreasing by 89%.
The closure of a deal with TikTok resulted in an extra income from e-commerce service fees of approximately IDR110 billion.
GoTo's financial sector reported a year-on-year increase in core GTV and gross revenue of 40% and 57% respectively, with their loan book tripling year-on-year to IDR2.7 trillion.
Recurring cash corporate costs saw a decrease of 30% Year-on-year and 8% sequentially in Q1 2024.
The company reported an EBITDA positive of IDR166 billion for On-Demand services, while reporting an EBITDA loss of IDR248 billion for its Fintech division which marked a 52% reduction YoY.
As of March 31, 2024, the company held IDR23 trillion in cash, cash equivalents, and short-term time deposits.
PT GoTo Gojek Tokopedia Tbk在2024年第一季度實現了32％的核心GTV的預期增長，總收入增長了80％。
由於金融科技投資的增加和季節性放緩，該公司調整後的息稅折舊攤銷前利潤同比下降了89％，調整後的息稅折舊攤銷前利潤略爲負數，爲 IDR102 億美元。
與 TikTok 達成交易後，電子商務服務費帶來了約 IDR110 億美元的額外收入。
GoTo的金融部門報告稱，核心GTV和總收入分別同比增長40％和57％，貸款額同比增長三倍，達到2.7萬億印尼盾。
經常性現金企業成本同比下降30％，在2024年第一季度連續下降8％。
該公司報告稱，按需服務的息稅折舊攤銷前利潤爲正 IDR166 億美元，同時報告其金融科技部門的息稅折舊攤銷前利潤虧損爲 IDR248 億美元，同比下降52％。
截至2024年3月31日，該公司持有 IDR23 萬億美元的現金、現金等價物和短期定期存款。
Business Progress:
業務進展：
The deal with TikTok made the company's e-commerce segment cash-flow positive and increased GoPay's penetration.
The company also launched a partnership with a local taxi firm in Singapore for its On-Demand Services division.
The company plans to enhance their market presence by increasing user base, expanding wallet share among existing users, reducing operating costs and strengthening partnerships.
PT GoTo Gojek Tokopedia Tbk announced a divestment of its delivery and fulfillment businesses and part of GoTo Logistics that support Tokopedia.
An ongoing integration of GoTo Financial and TikTok Shop is in process.
The board of directors and commissioners approved a US$200 million share repurchase program.
The company refuses to provide quarter-by-quarter guidance, focusing on long-term gains and financial discipline.
Through a collaboration with CDG, GoTo enhanced it's supply chain, viewing this as a crucial component for their future growth.
GoTo reports potential for substantial growth in different business sectors like e-commerce, On-Demand Services (ODS), and FinTech.
與TikTok的交易使該公司的電子商務領域的現金流爲正，並提高了GoPay的滲透率。
該公司還與新加坡當地的一家出租車公司建立了按需服務部門的合作伙伴關係。
該公司計劃通過增加用戶群、擴大現有用戶的錢包份額、降低運營成本和加強合作伙伴關係來增強其市場佔有率。
PT GoTo Gojek Tokopedia Tbk宣佈撤資其配送和配送業務以及支持Tokopedia的GoTo Logistics的一部分。
GoTo Financial和抖音商店的持續整合正在進行中。
董事會和專員批准了一項2億美元的股票回購計劃。
該公司拒絕提供逐季指導，重點是長期收益和財務紀律。
通過與CDG的合作，GoTo增強了其供應鏈，將其視爲其未來增長的關鍵組成部分。
GoTo報告了電子商務、按需服務（ODS）和金融科技等不同業務領域的大幅增長潛力。
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譯文內容由第三人軟體翻譯。