KONTAN.CO.ID - JAKARTA. PT Wahana Ottomitra Multiartha Tbk or WOM Finance (WOMF) recorded growth in financial performance throughout 2024.

WOMF's profit after tax grew to IDR 263 billion in 2024 or grew by 11.21% year on year (YoY) or annually from IDR 236 billion.

Meanwhile, the company's total revenue increased by 8.60% YoY to IDR 2.17 trillion. In the same period the previous year, WOMF's revenue was IDR 2 trillion.

Then WOM Finance's total assets as of December 2024 reached IDR 6.95 trillion, growing by 4.68% YoY from IDR 6.64 trillion.

In terms of equity, as of December 2024 the company's equity was recorded at IDR 1.89 trillion, an increase of 11.57% compared to the position in December 2023 of IDR 1.70 trillion.

On the other hand, WOM Finance's gross Non-Performing Financing (NPF) ratio was at 1.96% in December 2024, or an improvement of 0.12% compared to the same period the previous year.

WOM Finance President Director Djaja Suryanto Sutandar said that the achievement of performance growth throughout 2024 was supported by a number of strategies that the company had implemented.

"And we are increasingly optimistic about facing the challenges in 2025," he said during the WOMF public exposure, Tuesday (3/25).

Djaja admitted that 2025 would be a year full of challenges as well as opportunities to continue performance growth. For this reason, the company will continue the strategies that have been implemented. Among them, prioritizing innovation, digitalization, and expanding services.

"We will also focus on growth to maintain service quality, and continue to provide positive contributions to stakeholders and shareholders," he said.