Jakarta. Tech company Lini Imaji Kreasi Ekosistem, known by its ticker symbol FUTR, recently announced that they had recorded a strong performance in 2023.

The company’s net profit grew 193.5 percent year on year (yoy), from Rp 176.5 million in 2022 to Rp 518.2 million in 2023. Its revenue also jumped 204.7 percent from Rp 46.1 billion in 2022 to Rp 140.7 billion the following year. FUTR attributed the growth to improving operational performance, particularly in the data management services.

FUTR also reported that its assets had grown 182.5 percent yoy, reaching Rp 189.9 billion compared to Rp 67.2 billion in end-2022. Its equity also jumped 241 percent yoy to Rp 177.9 billion versus Rp 52.15 billion the previous year. 

Data services and advertising technology made up 46 percent and 24 percent of FUTR’s net revenue in 2023, respectively. Followed by Kreativ Warehouse (19 percent) and consulting business (12 percent).

"At FUTR, we always monitor consumer behavior, trends and changes in the digital economy. With the rapid progress of Indonesia and other Asian countries in digitalization efforts, we are confident that our current services, namely data management, consulting services and advertising technology solutions, will be able to meet various business needs appropriately. The ‘Kreativ Warehouse’ that was built has also collaborated with regional partners as part of our diversity, equality and inclusiveness efforts,” FUTR’s chief executive officer Martha Rebecca was quoted as saying in a recent press statement.