4QFY2023 results

GoTo posts IDR90.5 tril loss for FY2023; Tokopedia reversal contributes IDR78.8 tril - THE EDGE SINGAPORE

Results

GoTo posts IDR90.5 tril loss for FY2023; Tokopedia reversal contributes IDR78.8 tril

GoTo's group adjusted ebitda turned positive for the first time at IDR77 billion in 4QFY2024.
Best World’s 4QFY2023 earnings declined 15.2% y-o-y to $40.4 million - THE EDGE SINGAPORE

Results

Best World’s 4QFY2023 earnings down 15.2% y-o-y to $40.4 million

Revenue for 4QFY2023 decreased 4.6% y-o-y to $201.3 million, primarily due to its franchise segment in China.
iFast reports 917% y-o-y increase in 4QFY2023 net profit, 340% y-o-y increase in full year net profit to $28.27 mil - THE EDGE SINGAPORE

Results

iFast reports 917% y-o-y increase in 4QFY2023 net profit, 340% y-o-y increase in full year net profit to $28.27 mil

This is a reversal from the same period a year ago, when iFast reported a 82% y-o-y drop in 4QFY2023 net profit of $1.3 mil.
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