WIFI Records 238% Revenue Surge, Fibre to the Home Becomes Key Supporter

JAKARTA - PT Solusi Sinergi Digital Tbk (WIFI) or Surge recorded strong financial performance in the first quarter of 2026. The revenue surge was supported by the expansion of internet services and trading. Financial reports show revenue reached Rp 783.56 billion. This figure rose 238.38% from Rp 231.56 billion in the same period of 2025. The revenue structure has changed. The Fibre to the Home (FTTH) segment became the main contributor with Rp 435.70 billion or 55.6% of total revenue. The revenue increase drove gross profit up 152.04% to Rp 439.24 billion. Operating profit increased 158.85% to Rp 356.12 billion from Rp 137.57 billion in the same period last year. Profit attributable to the parent entity’s owners reached Rp 164.50 billion. This figure grew 99.21% from Rp 82.57 billion in the first quarter of 2025. The company began recording amortisation expenses for Fixed Wireless Access (FWA) licence costs amounting to Rp 111 billion in the first quarter of 2026. This expense is included in the cost of goods sold. The capital structure is dynamic in line with infrastructure expansion. Profit growth strengthens equity through the accumulation of retained earnings. Operational performance remains efficient. Operating profit grew more than 150% amid the expansion of the FTTH network and wholesale trading.