00:00The PTXL-AXIATATBK telecommunications emitter, which codes as EXCL, has a net worth of 1.81 trillion rupiah as of 2024.
00:16The net worth is 44.7% higher than in 2023, when the net worth was 1.25 trillion rupiah.
00:24The PTXL-AXIATATBK telecommunications emitter, which codes as EXCL, has a net worth of 1.81 trillion rupiah as of 2024.
00:40The net worth is 44.7% higher than in 2023, when the net worth was 1.25 trillion rupiah.
00:50According to a financial report published by Perserawan on February 5, 2025, the net worth is slightly higher than the business income, which was successfully recorded as 34.39 trillion rupiah, or 6.4% higher than the period in 2023, which was 32.32 trillion rupiah.
01:11The PTXL-AXIATATBK telecommunications emitter, which codes as EXCL, has a net worth of 1.81 trillion rupiah as of 2024, when the net worth was 1.81 trillion rupiah.
01:32In addition to the increase, the number of customers is also a positive sign for the presence of EXCL in the market, although the market is still smaller than its competitors.
01:42According to the Samuel Securities research, although the company's clean slate experienced a significant leap in this period, most of the increase was caused by a one-time increase in taxes in the previous year.
01:56Meanwhile, there are challenges that need to be faced by EXCL, including a decrease in the average customer income in Q4 2024 to 41,000 rupiah from the previous 43,000 rupiah in the same period last year.
02:12This decline is caused by the weakening of the people's purchasing power and the increasingly tight competition, especially from SIM cards at a cheaper price.
02:21On the other hand, there is a great opportunity from the EXCL merger with FREN, which can create efficiency and help reduce the price war in the telecommunications industry.
02:32In addition, an additional 750,000 customers from LINK are expected to be able to increase EXCL's income contribution in 2025, or much larger than initial estimates of only 250,000 customers.