Jakarta, March 31, 2026 – PT Fore Kopi Indonesia Tbk (FORE), the parent company of the Fore Coffee and Fore Donut brands, recorded a stellar 55% YoY increase in net profit, reaching IDR 90.1 billion for the FY25 period. EBITDA surged 58% YoY to IDR 300 billion, from IDR 190 billion recorded in FY24. In addition to the expansion of EBITDA margin to 20% from 18.3% in FY24, this growth was driven by a 44% YoY jump in Revenue, reaching IDR 1.5 trillion compared to IDR 1.04 trillion in FY24.
This strong financial performance was underpinned by the strategic expansion of Fore Coffee Indonesia, which added 90+ new stores throughout 2025. Notably, 60+ of these outlets were established post the IPO in April, fulfilling the management’s commitment to shareholders regarding the strategic use of IPO proceeds. By the end of 2025, Fore Coffee Indonesia’s network grew 37% YoY, totaling 316 active stores compared to 231 at the close of 2024.
New Growth Horizons: Fore Donut
In late 2025, the company achieved a significant milestone by launching its first two Fore Donut outlets in Supermall Karawaci (Tangerang) and Panglima Polim (South Jakarta). Following a warm market reception, the brand’s momentum carried into March 2026 with the opening of its 7th location in Epiwalk (South Jakarta). This successful diversification demonstrates the company’s ability to execute organic growth initiatives and capture new market segments.
Management Commentary
Vico Lomar, President Director, stated:
“Our FY25 results reflect our commitment to operational excellence and our agility in responding to market demands. By successfully integrating 90+ new stores into our ecosystem, we have not only expanded our footprint but also strengthened our brand equity. We remain focused on delivering premium affordable coffee experiences while ensuring that every rupiah of our IPO capital translates into sustainable value for our stakeholders.”
Willson Cuaca, President Commissioner, added:
“The Board is pleased with the management’s execution of the post-IPO roadmap. The ability to launch the widely successful Fore Donut proved that the FORE team’s innovation engine is working. We are confident in our ability to sustain value creation for all stakeholders.”
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PT Fore Kopi Indonesia, Tbk (FORE) – Company Information
Established in 2018, PT Fore Kopi Indonesia Tbk (FORE) is a leading F&B group managing the Fore Coffee and Fore Donut brands. The Company has proven a highly scalable business model targeting the Premium Affordable segment, marked by its swift expansion to 300 outlets across over 50 cities in Indonesia and Singapore.
FORE has pioneered a new culture, making premium quality local Indonesian coffee accessible. Its commitment to the local coffee ecosystem is exemplified by product lines like ‘Kopi dari Tani’ (Coffee from Farmers) and ‘Aren Latte’ (Palm Sugar Latte), which utilize materials sourced directly from local farmers and MSMEs. Furthermore, the company champions environmental sustainability through reusable cups and dedicated in-store recycling collection points for used packaging.
The IPO in April 2025 successfully raised over IDR 353 billion. The net proceeds of over IDR 337 billion are strategically allocated to funding the development of up to 140 new Fore Coffee outlets, 30 new Fore Donut outlets, and for essential working capital, securing its path for future dominance.
Contact information:
Email: investor.relations@fore.coffee
Website: www.fore.coffee
