GoTo Gojek Tokopedia PT (GGTKY) Q2 2026 Earnings Call

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WEBVTT 00:00:01.303 -- 00:00:06.585 GoTo concluded the second quarter of 2026 delivering a net income of 252 billion 00:00:06.585 -- 00:00:11.768 rupiah, the second consecutive quarter of net profit, an increase of 47% 00:00:11.768 -- 00:00:16.750 compared to the first quarter. For our investors and partners, this is a reflection of 00:00:16.750 -- 00:00:22.112 our strong business fundamentals and strict financial discipline of our ecosystem. 00:00:22.112 -- 00:00:26.414 Following government directives, we have adjusted the commission rate for GoRide, our 00:00:26.414 -- 00:00:31.615 two-wheel transport service, to 8%. This will impact the future profitability 00:00:31.615 -- 00:00:34.376 of on-demand services. 00:00:34.476 -- 00:00:39.638 We will maintain our group adjusted EBITDA guidance at 3.2 to 3.4 trillion rupiah 00:00:39.638 -- 00:00:45.080 by adjusting our fintech guidance to 1.7 to 1.8 trillion rupiah and on-demand services 00:00:45.080 -- 00:00:50.542 guidance to 1.4 to 1.5 trillion rupiah. The second quarter, our group-adjusted 00:00:50.542 -- 00:00:56.244 EBITDA grew 137% year-on-year, reaching over ₱1 trillion. 00:00:56.244 -- 00:01:01.505 Net revenue increased by 31% to ₱5.7 trillion and core GTP 00:01:01.505 -- 00:01:05.787 rose by 83% to ₱164 trillion. 00:01:05.787 -- 00:01:10.888 We are seeing strong user growth across our ecosystem, with annual transacting 00:01:10.888 -- 00:01:14.649 users rising 19% year-on-year, hitting 71 million. 00:01:16.310 -- 00:01:21.293 Financial discipline is at the heart of our performance, ensuring every part of the GoTo 00:01:21.293 -- 00:01:24.795 ecosystem contributes sustainably to our bottom line. 00:01:24.795 -- 00:01:30.077 In on-demand services, adjusted EBITDA reached ₱464 billion, 00:01:30.077 -- 00:01:35.520...