PT ITSEC Asia Tbk (IDX: CYBR) Records Strongest Year with Profitability and AI-Driven Growth

Full-Year 2025 Highlights

• Profitability turnaround: Net income surged to IDR 65.4 billion from IDR 0.8 billion in FY2024, with EPS rising from IDR 0.12 to IDR 9.72 (basic), the most significant indicator of the Group’s structural maturity.

• Operating income turned decisively positive at IDR 92.5 billion, compared to an operating loss of IDR 435 million in FY2024

• Revenue grew to IDR 527.1 billion (consolidated), up 62.1% year-on-year from IDR 325.1 billion in FY2024.

• AI-driven cybersecurity strategy advanced: PT ITSEC Cyber Academy established as a new subsidiary focused on Cyber and AI training, immediately securing major government and enterprise contracts.

• National Cybersecurity Movement co-initiated with ADIGSI and BSSN, establishing ITSEC Asia as a formal partner in Indonesia’s national cyber resilience framework.

Jakarta, 30 March 2026 — PT ITSEC Asia Tbk (IDX: CYBR), Indonesia’s first publicly-listed cybersecurity company, today announced its audited full-year financial results for the period ended 31 December 2025. The Company delivered a landmark year, completing a full profitability turnaround, significantly expanding margins, and advancing its position as Indonesia’s leading AI-driven cybersecurity institution.

The headline story of FY2025 is ITSEC Asia’s profitability transformation. Consolidated net income reached IDR 65.4 billion, and operating income turned decisively positive at IDR 92.5 billion, compared to an operating loss of IDR 435 million in FY2024. This turnaround reflects both the maturation of the Group’s business model and the successful scaling of higher-margin service segments.

Revenue growth reinforced this momentum, with consolidated net revenue rising 62.1% to IDR 527.1 billion. Gross profit grew 141.6% to IDR 284.6 billion, expanding the gross margin to 54.0% from 36.2% a year earlier. Total equity more than doubled to IDR 256.2 billion and the gearing ratio improved sharply from 1.13x to 0.20x, reflecting a materially stronger balance sheet.

"2025 was the year ITSEC Asia proved what it was built to be, Indonesia’s cybersecurity company, in the fullest sense. Our profitability soared, we strengthened the balance sheet, launched a consumer product that Indonesians are adopting at scale, co-founded a national cybersecurity movement with the government, and advanced our AI-driven platform capabilities. Our commitment to protecting Indonesia’s digital future, and to delivering sustainable value for our shareholders, is unwavering.” Patrick Rudolf Dannacher, President Director and Chief Executive Officer, PT ITSEC Asia Tbk

Metric	FY2025	FY2024	Change
Net Revenue	IDR 527.1 bn	IDR 325.1 bn	+62.1%
Gross Profit	IDR 284.6 bn	IDR 117.8 bn	+141.6%
Gross Profit Margin	54.0%	36.2%	+17.8 pp
Operating Income / (Loss)	IDR 92.5 bn	IDR (0.4) bn	Turned +
Net Income (Consolidated)	IDR 65.4 bn	IDR 0.8 bn	+8,504%

Source: Audited Consolidated Financial Statements, year ended 31 December 2025, KAP Morhan dan Rekan (authorized 27 March 2026).

Advancing an AI-Driven Cybersecurity Strategy

ITSEC Asia’s FY2025 results reflect the deliberate execution of an AI-driven cybersecurity strategy designed to address Indonesia’s rapidly evolving threat landscape, while expanding access to enterprise-grade protection across all market segments. The establishment of PT ITSEC Cyber Academy as a new subsidiary, with an immediate focus on Cyber and AI training for government and enterprise clients, marks a significant step in embedding AI literacy and capability development at the heart of Indonesia’s national security infrastructure.

The launch of IntelliBron Aman, Indonesia’s first homegrown consumer cybersecurity application, brings AI-assisted protection directly to individual users. Through an OEM pre-installation partnership with Infinix Smartphone, the app surpassed 100,000 downloads in its first month, reaching users at the moment of device activation without traditional app store acquisition costs. IntelliBron Orion, the enterprise platform, continues to serve SMEs with AI-driven threat intelligence and real-time incident response.

Together, these products, IntelliBron Aman for consumers, and IntelliBron Orion for SMEs, represent ITSEC Asia’s commitment to democratizing cybersecurity through AI-driven solutions, ensuring that protection is no longer the exclusive domain of large organizations.

Disciplined Investment Supporting Long-Term Platform Capabilities

Capital expenditure for FY2025 totalled IDR 27.0 billion, directed toward technology infrastructure, intangible asset development, and the Group’s expanding office footprint. This investment was deliberate and strategic, channelled into building the AI-driven cybersecurity product and platform capabilities that underpin the Group’s competitive positioning, and enabling ITSEC Asia to further strengthen its approach to democratizing cybersecurity through AI-driven solutions across the SME, consumer, and enterprise segments.

The Company preserved strong financial flexibility throughout, closing the year with a net debt to equity ratio of 0.20x, down from 1.13x at the start of the year.

National Mandate and Institutional Leadership

ITSEC Asia marked a national milestone by co-initiating the National Cybersecurity Movement, Gerakan Keamanan Siber Nasional, in partnership with ADIGSI and BSSN. This first-of-its-kind government-endorsed, industry-co-led initiative positions ITSEC Asia as the principal technical partner for Indonesia’s national digital resilience agenda, covering critical infrastructure protection, domestic talent development, and cyber awareness across Indonesia’s 65 million SMEs. The Movement’s rollout extends across all 38 Indonesian provinces, deepening the Company’s institutional presence and its pipeline of government and enterprise engagements.

Professional Security Services and Managed Security Services continued to grow, underpinned by multi-year client relationships across Indonesia’s financial services, energy, and telecommunications sectors. The Group’s Singapore operations contributed meaningfully to overall profitability, generating IDR 182.7 billion in revenue and IDR 76.2 billion in operating income.

"Our journey is far from over. We are confident in our direction, focused on innovation and collaboration, and committed to making a real impact, both for our business and for the country.” Patrick Rudolf Dannacher, President Director and CEO, PT ITSEC Asia Tbk