Executive Summary

Key insights and market outlook

PT Solusi Sinergi Digital Tbk (WIFI), also known as Surge, reported a 100.99% year-on-year increase in net operating revenue to Rp 1.01 trillion as of September 30, 2025 ¹

². The company's gross profit surged 124.16% YoY to Rp 689.48 billion. WIFI's telecommunication segment contributed Rp 739.44 billion, while advertising segment generated Rp 276.67 billion ².

Full Analysis

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Deep Dive Analysis

Solusi Sinergi Digital (WIFI) Achieves Remarkable Growth in 9M 2025

Significant Financial Highlights

PT Solusi Sinergi Digital Tbk (WIFI), operating under the brand Surge, has demonstrated exceptional financial performance for the nine months ending September 30, 2025. The company reported a 100.99% year-on-year increase in net operating revenue, reaching Rp 1.01 trillion ¹

². This substantial growth was driven by both telecommunication and advertising segments, with revenues of Rp 739.44 billion and Rp 276.67 billion respectively ².

Operational Performance

The company's financial success is further underscored by its ability to control costs. WIFI managed to keep its cost of revenue at Rp 325.42 billion, resulting in a gross profit of Rp 689.48 billion, representing a 124.16% YoY increase ¹

. Operational profit stood at Rp 574.24 billion, marking a 127.17% YoY growth compared to Rp 252.77 billion in the same period of 2024 ².

Business Segment Analysis

The telecommunication segment remained the primary revenue driver, contributing significantly to the company's overall performance. The advertising segment also showed substantial contribution, demonstrating WIFI's diversified revenue streams. The company's ability to manage its revenue streams effectively has positioned it for continued growth in the digital infrastructure space.

Market Implications

WIFI's impressive financial results reflect the growing demand for digital infrastructure in Indonesia. As a provider of telecommunication infrastructure, the company is well-positioned to capitalize on the increasing need for connectivity and digital services. The significant growth in both revenue and profitability indicates WIFI's strong market position and operational efficiency.

References