Pt Mitra Adiperkasa Tbk · IDX:MAPI
Pt Mitra Adiperkasa Tbk — 9M 2025 Earnings Presentation
22 slides from Pt Mitra Adiperkasa Tbk's earnings presentation, 2025
Slide 1: PT Mitra Adiperkasa Tbk Unaudited Result 9M/3Q 2025
PT MITRA ADIPERKASA TBK UNAUDITED RESULT 9IM/3Q 2025
Slide 2: Table of Contents
TABLE OF CONTENTS 01. Indonesia Macroeconomic Indicators 02. Overview of MAP Group 03. 9M/3Q 2025 Financial Highlights 04. Appendix 2
Slide 3: We monitor macroeconomic developments closely
We monitor macroeconomic developments closely to ensure we remain responsive to changing conditions. Indonesia GDP growth (%YoY) INFLATION Quarter Q1 Q2 Q3 Q4 2019 5.1 5.1 5.0 5.0 2020 3.0 -5.3 -3.5 -2.2 2021 -0.7 7.1 3.5 5.0 2022 5.0 5.4 5.7 5.0 2023 5.0 5.2 4.9 5.0 2024 5.1 5.1 5.0 5.0 2025 4.87 5
Slide 4: Overview of Group
OVERVIEW OF GROUP Over 3,877 150 + Retail Stores 80 + 50 online stores + Presence in 3rd party online stores World Class Brands Cities* 7 Countries Indonesia Vietnam Philippines Singapore 31,971 Thailand Malaysia Cambodia Employees * Excluding regional countries 4
Slide 5: Morning -
Morning 3 - 38 Power dressing Travelling \, Ree Passion for in-style _ sports
Slide 6: Brand portfolio by store category
Department Food & Others Stores Specialty Stores Beverage Active Fashion & Beauty Digital Tabata SOGO Sports Kids Zara Travelogue Sephora Digimap Starbucks Coffee Kinokuniya Crocs SEIBU Sports Station Kidz Station XXIO Massimo Dutti Max Mara Sulwhasoo Digiplus Subway Alun Alun Indonesia Galeries La
Slide 7: Retail Footprint 9M 2025
RETAIL FOOTPRINT 9M 2025 No. Stores Space (sqm) Consolidated 3,877 1,216,106 Department Store 69 338,618 Specialty Store 2,942 653,657 Active 2,141 456,814 Fashion & Beauty 591 175,914 Digital 210 20,930 F&B 861 215,849 Others 5 7,982 7
Slide 8: 9M/3Q 2025 Financials
9M/3Q 2025 FINANCIALS 8
Slide 9: 9M/3Q 2025 financial summary
*) After PSAK 73/ IFRS 16 9M 9M 3Q 3Q in IDR Billion % Growth % Growth 2025 2024 2025 2024 Net Sales 30,038 27,616 8.8% 10,475 9,623 8.9% Gross Profit 12,658 11,824 7.1% 4,339 4,029 7.7% % Margin 42.1% 42.8% 41.4% 41.9% EBIT 2,485 2,388 4.0% 864 772 12.0% % Margin 8.3% 8.6% 8.3% 8.0% EBITDA 4,958 4,
Slide 10: % Growth YoY Net Sales
(IDR bn, %) % GROWTH 9M 25 9M 24 9M 23 9M 22 9M 21 YoY 8.8% 16.1% 26.4% 55.8% 18.3% NET SALES 30,038 27,616 23,792 18,821 12,080 9M 25 9M 24 9M 23 9M 22 9M 21 10
Slide 11: Aging inventory and inventory days
(Days, IDR bn, %) AGING INVENTORY 9M 25 FY 24 FY 23 FY 22 FY 21 FY 20 > 6 MONTHS 28% 26% 23% 25% 43% 38% 152 136 136 126 125 102 INVENTORY DAYS 11
Slide 12: Balance sheet
(IDR bn) As of As of As of As of As of As of ASSETS LIABILITIES & EQUITY 30 SEP '25 31 DEC '24 31 DEC '23 30 SEP '25 31 DEC '24 31 DEC '23 CASH & EQUIVALENTS 3,503 4,040 3,675 BANK LOAN 2,525 2,329 2,885 ACCOUNT 791 1,086 1,145 BONDS PAYABLE 430 430 430 RECEIVABLES INVENTORIES 9,768 8,290 8,088 ACCO
Slide 13: Stores by country
as of September 2025 INDONESIA PHILIPPINES VIETNAM • 3,413 stores • 259 stores • 39 stores • 150+ exclusive brands • 22 exclusive brands • 13 exclusive brands THAILAND MALAYSIA SINGAPORE CAMBODIA • 54 stores • 73 stores • 27 stores • 12 stores • 11 exclusive brands • 7 exclusive brands • 10 exclusiv
Slide 14: Store distribution by region
as of September 2025 Sulawesi 2% Others Sumatera 3% 6% Overseas 17% Bali 6% Jawa 19% Jakarta 47% 14
Slide 15: Online Retail Stores
ONLINE RETAIL STORES ACTIVE FASHION DIGITAL 3rd Party Marketplaces SPORTS STATION NEW BALANCE ID ZARA ID DIGIMAP ID SHOPEE PLANET SPORTS.ASIA NEW BALANCE TH ZARA VN DIGIMAP PH LAZADA FOOT LOCKER ID ALDO ID ZARA Cambodia DIGIBOX VN TOKOPEDIA FOOT LOCKER MY ALDO MY PULL & BEAR DIGIBOX Cambodia ZALORA
Slide 16: Contribution by channel, online sales and segment
(IDR bn, %) CONTRIBUTION BY CHANNEL ONLINE SALES CONTRIBUTION 9M 25 9M 24 2024 2023 2022 2021 Own Platforms, CONTRIBUTION 9.1% 9.0% 9.2% 8.8% 9.0% 13.0% 54% 3,482 2,933 3rd Party 2,735 Marketplaces, 46% 2,489 2,419 2,388 CONTRIBUTION BY SEGMENT Foodhall Digimap 1% 17% F&B 5% 9M 25 9M 24 2024 2023 20
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Slide 18: Operational Expenditure
OPERATIONAL EXPENDITURE *) After PSAK 73/ IFRS 16 in % of sales 9M 25 9M 24 3Q 35 3Q 24 FY 24 FY 23 NET SALES 30,038 27,616 10,475 9,623 37,836 33,319 LABOR 10.9% 11.2% 10.5% 10.9% 10.7% 11.3% RENTAL 4.4% 4.8% 4.4% 4.8% 4.4% 4.3% DEPRECIATION & AMORT. 8.1% 7.8% 7.9% 7.6% 7.8% 7.7% UTILITIES 1.2% 1.2
Slide 19: Specialty Store
SPECIALTY STORE *) After PSAK 73/ IFRS 16 In IDR BN 9M 25 9M 24 3Q 25 3Q 24 Net Revenue 25,454 22,996 8,910 8,104 % Growth 10.7% 24.7% 9.9% 26.7% EBIT 2,325 2,198 812 751 % Ebit Margin 9.1% 9.6% 9.1% 9.3% FASHION ACTIVE DIGITAL ZARA 19 Stores SPORTS STATION 394 Stores DIGIMAP 203 Stores MARKS & SPEN
Slide 20: Food & Beverage
FOOD & BEVERAGE *) After PSAK 73/ IFRS 16 FOOD & BEVERAGE In IDR BN 9M 25 9M 24 3Q 25 3Q 24 STARBUCKS COFFEE 597 Stores Net Revenue 2,354 2,421 834 796 SUBWAY 115 Stores PIZZA MARZANO 23 Stores % Growth -2.8% -21.2% 4.8% -25.8% COLD STONE 15 Stores EBIT (125) (83) (27) (35) KRISPY KREME 42 Stores %
Slide 21: Department Store
DEPARTMENT STORE *) After PSAK 73/ IFRS 16 In IDR BN 9M 25 9M 24 3Q 25 3Q 24 Net Revenue 2,030 1,988 664 665 % Growth 2.1% 5.6% 0.0% 7.0% EBIT 287 263 71 83 % Ebit Margin 14.1% 13.3% 10.7% 12.5% DEPARTMENT STORE SOGO 18 Stores SEIBU 1 Stores GALERIES LAFAYETTE 1 Stores THE FOODHALL 49 Stores TOTAL D
Slide 22: Thank You
THANK YOU INVESTOR RELATIONS CONTACT DETAILS: " This presentation material contains the latest financial information, business strategies and the prospective financial information Ratih Darmawan Gianda of the Company. The business strategies are subject to changes due to uncertainties that could aff