{"id":15315,"date":"2025-03-14T19:57:20","date_gmt":"2025-03-14T11:57:20","guid":{"rendered":"https:\/\/dewasaham.com\/goto-menuju-target-ebitda-yang-ambisius-di-2025\/"},"modified":"2025-06-10T06:47:03","modified_gmt":"2025-06-10T06:47:03","slug":"goto-menuju-target-ebitda-yang-ambisius-di-2025","status":"publish","type":"post","link":"https:\/\/search.web.id\/digest\/goto-menuju-target-ebitda-yang-ambisius-di-2025\/","title":{"rendered":"GOTO: Towards Ambitious EBITDA Target in 2025"},"content":{"rendered":"

GoTo management Gojek Tokopedia<\/strong> ($GOTO) has just announced an adjusted<\/em> EBITDA target of around 1.4-1.6 trillion rupiah<\/strong> for 2025. From this figure, the ‘On-Demand Services (ODS)’ segment is projected to contribute at least 1.1 trillion rupiah<\/strong>, while the contribution from the ‘Fintech’ sector is expected to reach a minimum of 350 billion rupiah<\/strong>.<\/p>\n

This announcement comes after GOTO<\/strong> recorded<\/a> a positive adjusted<\/em> EBITDA<\/strong> of 399 billion rupiah in Q4 2024<\/strong>, compared to 89 billion rupiah<\/strong> in Q4 2023 and 137 billion rupiah<\/strong> in Q3 2024. With these results, the overall positive EBITDA for 2024 reached 386 billion rupiah<\/strong>, exceeding the company’s guidance<\/em> which set breakeven.<\/p>\n

Progress Projected to Continue in 2025<\/h2>\n

The company’s progress<\/strong> does not seem to stop. The ‘ODS’ segment recorded adjusted<\/em> EBITDA of 267 billion rupiah in Q4 2024<\/strong>, experiencing growth of 12% YoY<\/strong> and 71% QoQ<\/strong>. This figure is the highest level ever achieved, thanks to revenue growth and improved margins.<\/p>\n

GOTO’s management is optimistic that the ‘ODS’ segment will continue to grow in line with the industry’s growth which is projected to be in the low-mid teens<\/em> range by 2025. They continue to innovate with technology, such as efficient special delivery fleet<\/em> programs, which allow them to offer competitive prices to consumers, while boosting advertising revenue, which jumped 92% YoY in Q4 2024<\/strong>.<\/p>\n

On the ‘Fintech’ segment side, the amount of financing again was recorded to increase to 5.2 trillion rupiah<\/strong by the end of 2024 (compared to 4.3 trillion rupiah<\/strong> in 9M 2024 and 1.9 trillion rupiah<\/strong> in 2023). Management targets this financing to continue to increase to more than 8 trillion rupiah<\/strong> by the end of 2025.<\/strong><\/p>\n

Corporate Action Update<\/h2>\n

Regarding the share buyback<\/em>, GOTO’s management revealed that they have repurchased 23.6 billion shares<\/strong> with a value of around 91 million US dollars<\/strong>, or around 1.5 trillion rupiah<\/strong> as of the end of February 2025. This shows an average purchase price of around ~64 rupiah per share<\/strong>. Just look, GOTO allocates a buyback<\/em> budget of 200 million US dollars!<\/p>\n

Then, regarding the merger plan with Grab Holdings Ltd. (Nasdaq: GRAB), the management chose not to comment and preferred to focus on strategy execution, considering the still large market<\/em> potential.<\/p>\n

Finally, they explained that holiday allowances (THR) will be given to productive and high-performing partners. The company also plans to manage additional costs in the planning that has been made.<\/p>\n

With the performance run rate<\/em> maintained in Q4 2024, the adjusted<\/em> EBITDA target of 1.4-1.6 trillion rupiah<\/strong> in 2025 seems to be not just a dream. However, the challenges of purchasing power and increased competition must still be watched out. Potential upside could also arise from improved operational cost efficiency, which will support margin growth. Hopefully, they can catch up with this target!<\/p>\n

<\/strong>GOTO<\/a> <\/div>\n","protected":false},"excerpt":{"rendered":"

GoTo management Gojek Tokopedia ($GOTO) has just announced an adjusted EBITDA target of around 1.4-1.6 trillion rupiah for 2025. From this figure, the ‘On-Demand Services (ODS)’ segment is projected to contribute at least 1.1 trillion rupiah, while the contribution from the ‘Fintech’ sector is expected to reach a minimum of 350 billion rupiah. This announcement […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[986],"tags":[782],"class_list":["post-15315","post","type-post","status-publish","format-standard","hentry","category-stock","tag-goto"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/comments?post=15315"}],"version-history":[{"count":1,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15315\/revisions"}],"predecessor-version":[{"id":16184,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15315\/revisions\/16184"}],"wp:attachment":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/media?parent=15315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/categories?post=15315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/tags?post=15315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}