Data Centers of PT XL Axiata Tbk
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Data Centers of PT XL Axiata Tbk - overview
Location
Jakarta, -, Indonesia
Primary Industry
IT Infrastructure
About
Data Centers of PT XL Axiata Tbk specializes in providing advanced telecommunications solutions, focusing on mobile and fixed connectivity for both individual and business clients. Data Centers of PT XL Axiata Tbk operates within the telecommunications sector, primarily offering data center services. The company is headquartered in Jakarta, Indonesia. Founded by Dedi Manurung, who has an extensive history in telecommunications, the firm has undergone strategic pivots to enhance its service offerings.
In July 2019, Princeton Digital Group acquired a 70% majority stake in the company. The financial terms of this deal were not disclosed. PT XL Axiata Tbk provides a comprehensive suite of telecommunications solutions primarily focused on mobile and fixed connectivity. Their core offerings include mobile communication services through their brands XL and AXIS, designed to cater to a diverse customer base ranging from individual consumers to businesses.
The company also delivers fixed connectivity options and cloud solutions that facilitate seamless internet access and data management for enterprises. Notably, their service portfolio incorporates innovative products like the XL SATU Lite, a plug-and-play home internet solution aimed at modern households, and the XL PRIORITAS, which offers premium mobile services. These products are strategically marketed across various geographical markets, including urban and suburban areas in Indonesia, ensuring a broad reach to both urban dwellers and rural communities. PT XL Axiata Tbk reported a revenue of USD 1,965.
29 mn for the year 2022, with an EBITDA of USD 984. 32 mn for the same period. The company generates revenue through a mix of subscription-based and pay-per-use models, primarily targeting both individual consumers and business clients. Transactions typically occur through direct sales of SIM cards and mobile plans, as well as through partnerships with retailers who provide access to their products and services.
The company's pricing structure features various mobile plans tailored to different segments, including budget-friendly options for young users and premium packages for business clients seeking enhanced connectivity and support. Significant revenue streams also come from their fixed connectivity offerings, designed to meet the needs of households and small to medium-sized enterprises. Looking ahead, PT XL Axiata Tbk is focusing on launching new products and enhancing its existing service portfolio. The company plans to expand its operations into new geographic regions within Southeast Asia by 2025.
Recent funding from the deal with Princeton Digital Group will support these initiatives by bolstering infrastructure investment and product development. The expansion efforts aim to tap into underserved markets, thereby increasing the company’s reach and customer base.
Current Investors
Princeton Growth Ventures, LLC, Princeton Digital Group
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, Website Hosting, IT Infrastructure
Website
www.xlaxiata.co.id/en
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Data Centers of PT XL Axiata Tbk - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 18,712,778,000,000 | 20,969,806,000,000 | 21,265,060,000,000 | 23,460,015,000,000 | 22,876,182,000,000 | 21,341,425,000,000 | 22,875,662,000,000 | 22,938,812,000,000 | 25,132,628,000,000 | 26,009,095,000,000 | 26,754,100,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 12.1% | 1.4% | 10.3% | (2.5%) | (6.7%) | 7.2% | 0.3% | 9.6% | 3.5% | 2.9% | - | - | - |
| EBITDA (USD) | 9,185,160,000,000 | 9,418,781,000,000 | 7,416,801,000,000 | 7,386,220,000,000 | 10,274,579,000,000 | 9,732,914,000,000 | 8,609,296,000,000 | 8,849,941,000,000 | 10,637,684,000,000 | 15,086,773,000,000 | 13,945,600,000,000 | - | - | - |
| Operating Income (USD) | 4,502,267,000,000 | 4,352,463,000,000 | 1,658,288,000,000 | 428,412,000,000 | 3,139,277,000,000 | 1,686,874,000,000 | 1,658,261,000,000 | (2,771,379,000,000) | 3,274,489,000,000 | 2,632,085,000,000 | 3,989,400,000,000 | - | - | - |
| Operating Margin | 24.1% | 20.8% | 7.8% | 1.8% | 13.7% | 7.9% | 7.2% | (12.1%) | 13.0% | 10.1% | 14.9% | - | - | - |
| % EBITDA Margin | 49.1% | 44.9% | 34.9% | 31.5% | 44.9% | 45.6% | 37.6% | 38.6% | 42.3% | 58.0% | 52.1% | - | - | - |
| NET Income (USD) | 2,830,101,000,000 | 2,764,647,000,000 | 1,032,817,000,000 | (891,063,000,000) | (25,338,000,000) | 375,516,000,000 | 375,244,000,000 | (3,296,890,000,000) | 712,579,000,000 | 371,598,000,000 | 1,287,800,000,000 | - | - | - |
| % Net Margin | 15.1% | 13.2% | 4.9% | (3.8%) | (0.1%) | 1.8% | 1.6% | (14.4%) | 2.8% | 1.4% | 4.8% | - | - | - |
Data Centers of PT XL Axiata Tbk - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Data Centers of PT XL Axiata Tbk | - |
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