Revenues Rise, GOTO Losses Shrink 94% in Q4 2024

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Nabilah Muhamad 13/03/2025 18:50 WIB

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PT GOTO Tbk reported a loss of Rp5.15 trillion in 2025. This represents a 94% decrease year-on-year (yoy) compared to the same period last year.

GoTo Gojek Tokopedia's Income Statement for December (2023-2024)

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GoTo Gojek Tokopedia's Income Statement for December (2023-2024)

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PT GoTo Gojek Tokopedia Tbk (GOTO) reported a net loss attributable to the parent entity of Rp5.15 trillion (approximately US$340 million) for the full year 2024. This represents a 94.29% year-on-year (YoY) decrease from the Rp90.39 trillion loss in 2023.

Net revenue for the GOTO-coded issuer increased by 7.5% YoY to Rp15.89 trillion.

GOTO's core gross transaction value (GTV) also rose by 66% YoY to Rp79.2 trillion, while group GTV grew by 32% YoY to Rp144.5 trillion.

GoTo Group President Director, Patrick Walujo, stated that the company has been continuously exploring new and effective ways to compete in the intensely competitive Indonesian consumer market.

"We have seen a significant increase in the number of users throughout the year and expect this to continue into 2025 as our ecosystem strategy continues to prove effective," said Patrick in a written statement on Wednesday, March 12, 2025.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Revenues Rise, GOTO Losses Shrink 94% in Q4 2024

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Revenues Rise, GOTO Losses Shrink 94% in Q4 2024

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