Jakarta, June 18, 2025 – PT VENTENY Fortuna International Tbk (VENTENY) today held its Annual General Meeting of Shareholders (AGMS), Extraordinary General Meeting of Shareholders (EGMS), and Public Expose. The AGMS covered six agenda items, while the EGMS discussed one agenda item.
Among the key matters approved were the Company’s Annual Report, including the Financial Statements and the Supervisory Report of the Board of Commissioners for the fiscal year ending December 31, 2024. The meeting also granted full discharge (acquit et decharge) to all members of the Board of Directors for management actions and to the Board of Commissioners for their supervisory duties carried out during the fiscal year.
Additional approved items during the AGMS and EGMS included the use of the Company’s net profit, the determination of remuneration for the Board of Directors and Board of Commissioners for the 2025 fiscal year, the appointment of a Registered Public Accounting Firm, changes in the composition of the Company’s Board of Directors and/or Board of Commissioners, the report on the realization of proceeds from the Initial Public Offering as of December 31, 2024, and the cancellation of the Management and Employee Stock Option Program (MESOP).
During the AGMS, VENTENY officially appointed Milokevin Wendiady as the new Director to strengthen the operational leadership of the Company’s holding structure. Milokevin brings a solid track record in operational management, contributing to the company’s foundation and business acceleration. This strategic appointment is expected to enhance managerial structure and drive efficiency and synergy across business units, supporting sustainable growth amidst competitive market dynamics. The Company also appointed Katsuya Kitano as President Commissioner, previously serving as Commissioner.
“2024 has been a pivotal year for VENTENY. Despite global economic challenges, we remain focused on our core mission: becoming a growth partner for MSMEs and employees in Indonesia. The successful completion of our AGMS, EGMS, and Public Expose reflects the trust our partners, users, shareholders, and the public place in us. In 2025, we are committed to being even more aggressive in the Indonesian market,” said Jun Waide, Founder and Group CEO of VENTENY.
As a technology company focused on empowering MSMEs and enhancing employee welfare, VENTENY recorded strong financial performance throughout 2024. The Company reported revenues of IDR 303.54 billion, a 66.81% increase from IDR 181.97 billion in the previous year. This achievement underscores the Company’s sustainable business strategy and active contribution to national economic growth.
According to the 2024 financial report, VENTENY’s revenue growth was driven mainly by its B2B Financial Services, which contributed 34.28% of total revenue, or IDR 104.06 billion, a 34.34% increase from IDR 77.46 billion in 2023.
Additionally, the growing user base of the VENTENY Employee Super App significantly contributed to revenue, accounting for 37.34% or IDR 113.35 billion. Other income sources made up 28.37% or IDR 86.12 billion. Throughout 2024, VENTENY collaborated with various institutions, including banks such as MNC Bank and Bank Mayapada, and received support from local governments, notably the South Sumatra Office of Cooperatives and MSMEs.
Entering 2025, VENTENY will strengthen its foundation and strategic collaborations with partners, including financial institutions such as banks, cross-industry associations, and government bodies. Amid the current macroeconomic conditions, VENTENY remains committed to growth while upholding the principle of prudence.
As outlined during the Public Exposure, the Company recorded revenue of IDR 81.28 billion and net profit of IDR 5.23 billion for the most recent period, an increase of 105.15% and 62.34%, respectively, compared to the same period last year. The market continues to show positive trends for digital financial solutions, especially in productive and labor-intensive sectors. VENTENY successfully capitalized on this momentum by providing relevant financial access and employee welfare benefits for its corporate partners.
VENTENY also continues to build strategic partnerships with public and private institutions to broaden financial access for MSMEs and strengthen collaborative programs to boost workforce productivity.
The Company’s performance and strategic direction are aligned with key government initiatives, such as the Proud of Indonesian Products National Movement (Gernas BBI), MSME digitalization, and efforts to build a more inclusive and prosperous labor ecosystem. By offering tech-based, productive financing and digital solutions for employee welfare, VENTENY actively supports inclusive and sustainable digital economic transformation.
“VENTENY will continue supporting the government’s vision to create a resilient MSME ecosystem and enhance the competitiveness of Indonesian workers through technology and cross-sector collaboration. We’re committed to consistently delivering breakthrough products,” said Jun Waide.
