RAAM FY2025 Performance: Remaining Healthy Despite Consolidation Period

Jakarta, 1 April 2026 – PT Tripar Multivision Plus Tbk (IDX: RAAM), an integrated entertainment company, just released its financial results for the full year ended 31 December 2025.

RAAM posted net sales of Rp180,96 billion in FY2025, down from Rp229,34 billion a year earlier. The decline largely reflects the timing of film releases and monetization cycles, alongside a more selective content slate in FY2025. 

Throughout 2025, the Company did not produce sinetron or web series, which weighed on library monetization compared to the prior year. That said, performance began to recover heading into Q1 2026, marked by the successful supply of one sinetron title to a free-to-air (FTA) station and the securing of a library supply contract valued at more than Rp45 billion.

That said, the net loss narrowed sharply to Rp54,30 billion from Rp178,77 billion in FY2024. The Company also turned in positive operating cash flow of Rp16,97 billion, reflecting tighter working capital management and continued monetization of its content portfolio.

On the balance sheet, RAAM closed the year with total liabilities of Rp404,65 billion against equity of Rp1,30 trillion as of 31 December 2025. The Company’s debt-to-equity ratio stood at approximately 0,23x, leaving room to pursue its expansion plans in content production and cinema network development.

“FY2025 was a year of consolidation for RAAM. Our financial performance was affected by release timing and higher cost recognition, but we made real progress in strengthening our operational foundation and financial discipline,” said Vikas Chand Sharma, Finance Director of RAAM.

Through the year, RAAM pressed ahead with its long-term strategy as an integrated entertainment platform. The Company kept its content pipeline active, widened its distribution reach into international markets, and continued expanding its Platinum Cineplex network with new openings in growth areas.

RAAM also advanced its broader ecosystem through strategic initiatives, among them its collaboration with IRSX and investments spanning content, distribution, and exhibition directed at building the Company’s ability to capture value across the full entertainment value chain.

Looking ahead, RAAM is preparing to seek shareholder approval at its upcoming Annual and Extraordinary General Meeting for a planned Rights Issue. Proceeds are earmarked to strengthen the Company’s capital base and fund the expansion of its exhibition segment, specifically the development of more than 50 new Platinum Cineplex locations across Indonesia. The initiative reflects RAAM’s view on the continued growth of cinema demand, particularly in underserved tier-2 and tier-3 markets and is central to the Company’s strategy of building a fully integrated entertainment ecosystem spanning content production, distribution, and exhibition. 

“We remain confident in the long-term growth potential of Indonesia’s entertainment industry. RAAM is well-placed to ride increasing demand for local content and the continued build-out of cinema infrastructure across the country, added Vikas.

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