2024-04-29 15:38:09 ET
PT GoTo Gojek Tokopedia Tbk (GTOFF)
Q1 2024 Earnings Conference Call
April 29, 2024 08:00 ET
Company Participants
Reggy Susanto - Head of Investor Relations
Patrick Walujo - President, Director & Chief Executive Officer
Wei-Jye Jacky Lo - Chief Financial Officer
Melissa Siska Juminto - President of E-commerce
Thomas Husted - Chief Operating Officer
Catherine Hindra Sutjahyo - President of On-Demand Services
Conference Call Participants
Henry Wibowo - JPMorgan
Ferry Wong - Citi
Ryan Winipta - Indo Premier
Adrian Joezer - Mandiri Sekuritas
Ariyanto Jahja - Macquarie
Presentation
Reggy Susanto
Hello, everyone. This is Reggy Susanto, Head of Investor Relations. Welcome to the PT GoTo Gojek Tokopedia Tbk First Quarter 2024 Earnings Conference Call. Please be advised that today's conference is being recorded.
On today's call, Patrick Walujo, President Director and Group CEO; and Jacky Lo, Group CFO, will deliver prepared remarks. Following their commentary, we will open up the call for questions and be joined by Thomas Husted, our Vice President, Director and President of Financial Technology; Hans Patuwo, our Chief Operating Officer; Catherine Hindra Sutjahyo, our President of On-Demand Services; and Melissa Siska Juminto, Director of the company.
We would like to highlight that the information presented today has been prepared solely based on the unaudited consolidated selected financial information for the 3 months ended March 31, 2024. As a reminder, today's discussion may contain forward-looking statements about the company's future business and financial performance as well as certain non-Indonesian financial company standard measures as complements to the Indonesian Financial Accounting Standards disclosures. Before using and/or relying on these measurements and forward-looking statements, please take note of our disclaimer and cautionary statements disclosed in our earnings presentation and press release. During the earnings call, we will review the results of our operations and earnings presentation which can be found on our website.
Our reporting currency is the Indonesian rupia and we will denote the U.S. dollar equivalent by applying an exchange rate of IDR15,863 to $1 based on the middle rates published by Bank Indonesia as of the end of March 2024. We will refer to pro forma figures to facilitate like-for-like sequential and year-on-year comparisons of our performance following the closing of our announced agreement with TikTok and the upcoming deconsolidation of GoTo Logistics. These 4 figures assume that Tokopedia and GoTo Logistics were deconsolidated on January 1, 2023....
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PT GoTo Gojek Tokopedia Tbk (GTOFF) Q1 2024 Earnings Call Transcript