Report

GOTO 1Q25 Results: Profitability Guide Remains Intact Despite Macro Uncertainties

What’s New: GoTo reiterated its adjusted EBITDA guidance in the range of IDR1.4trn to IDR1.6trn in FY25. ODS GTV and FinTech consumer lending loans outstanding outlook also remain intact despite macro and geopolitical uncertainties. We maintain our PT at IDR80.

Analysts:
Jin Yoon
Underlying
Gojek Tokopedia Tbk PT

Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Jin Yoon

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