Fore Coffee outperforms projections with rapid store expansion and strong financials

Published on July 29, 2025

FORE posted a strong start in 2025, with a Revenue increase of 47% YoY to IDR 662 billion in the first half of the year. This strong top-line performance was followed by a 29% YoY growth in Net Profit, reaching IDR 42 billion, nearly matching the IDR 42.3 billion recorded in the first nine months of 2024. This operational strength was further supported by a solid Balance Sheet, with Equity rising from IDR 253 billion at the end of 2024 to over IDR 633 billion by June 2025.

The financial performance in the first half of 2025 came in slightly above management’s projections. This rapid growth was driven by store expansion and operational efficiency, making Fore Coffee resilient in the current economic climate.

In the first half of 2025, Fore Coffee added 29 new outlets, bringing the total number of stores to 261.

Backed by ACV Capital and other strategic investors, Fore Coffee continues to expand its presence across Indonesia.