Private company

Blue Bird Tbk

Logo: bluebirdgroup.com3

Indonesian taxicab and transportation company

PT Blue Bird Tbk, operating as Bluebird Group, is an Indonesian transportation company based in Jakarta. Established in 1972, the company is known for its Bluebird taxicab service as well as other transportation services.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

$152.5MRevenue, fiscal 20254
-$77.3MNet income, fiscal 20254
May 1, 1972Founded1
  • Tickeron Indonesia Stock Exchange1
  • Industrybus company, public transport, transport1
  • HeadquartersJakarta1
  • Websitewww.bluebirdgroup.com
  • Legal formjoint-stock company1
  • Listed onIndonesia Stock Exchange (BIRD)1
Blue Bird Tbk image from its website
Image: bluebirdgroup.com3

PT Blue Bird Tbk, operating as Bluebird Group, is an Indonesian transportation company based in Jakarta. Established in 1972, the company is known for its Bluebird taxicab service as well as other transportation services.2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.0%Gross margin4
-52.4%Operating margin4
-50.7%Net margin4
-19.7%Revenue growth, 20254
-215.2%Return on equity4
0.48×Debt to equity4
-$58.2MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 78% of the revenue Blue Bird Tbk broke down this way in fiscal 2025.

  1. United States$118.6M478%down 18% from 2024
  2. Outside the United States$33.8M422%down 26% from 2024
Regions by year
Regions20242025
United States$143.9M$118.6M
Outside the United States$45.9M$33.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue49¢$89.9M
  • Selling, general and admin51¢$92.5M
  • Income tax0¢$393.0K

Out of $152.5M in revenue.4 The company lost money this year.

Financial statements

Revenue67894$152.5M in 2025−21% since 2019
0$100.0M$200.0M$300.0M2019: $193.7M$193.7M20192020: $219.3M$219.3M2020+13%2021: $277.5M$277.5M2021+27%2022: $297.8M$297.8M2022+7%2023: $254.1M$254.1M2023−15%2024: $189.8M$189.8M2024−25%2025: $152.5M$152.5M2025−20%
Gross profit67894$62.6M in 2025−37% since 2019
0$50.0M$100.0M$150.0M2019: $98.8M$98.8M20192020: $112.7M$112.7M2020+14%2021: $146.7M$146.7M2021+30%2022: $129.6M$129.6M2022−12%2023: $104.2M$104.2M2023−20%2024: $81.1M$81.1M2024−22%2025: $62.6M$62.6M2025−23%
Operating income67894-$80.0M in 2025+787% since 2019
-$200.0M-$150.0M-$100.0M-$50.0M02019: -$9.0M-$9.0M20192020: -$29.2M-$29.2M2020+224%2021: -$32.9M-$32.9M2021+12%2022: -$100.3M-$100.3M2022+205%2023: -$153.0M-$153.0M2023+53%2024: -$97.6M-$97.6M2024−36%2025: -$80.0M-$80.0M2025−18%
Net income67894-$77.3M in 2025+432% since 2019
-$200.0M-$150.0M-$100.0M-$50.0M02019: -$14.5M-$14.5M20192020: -$25.9M-$25.9M2020+78%2021: -$45.4M-$45.4M2021+75%2022: -$101.4M-$101.4M2022+123%2023: -$152.5M-$152.5M2023+50%2024: -$93.3M-$93.3M2024−39%2025: -$77.3M-$77.3M2025−17%

Every line of the income statement in the latest annual report, as filed.4

Period ending2025-12-312024-12-31
Net revenue$152.5M$189.8M
Cost of revenue$89.9M$108.7M
Gross profit$62.6M$81.1M
Selling, general, and administrative expense$92.5M$133.4M
Marketing expense$45.2M$41.6M
Impairment expense$4.2M$1.8M
Restructuring expense$562.0K$1.8M
Total operating expense$142.5M$178.6M
Loss from operations-$80.0M-$97.6M
Net loss from sales of businesses$0-$432.0K
Interest (expense) income-$1.1M$3.5M
Other income$4.1M$3.0M
Loss before provision for income taxes-$76.9M-$91.4M
Income tax provision-$393.0K-$1.9M
Net loss-$77.3M-$93.3M
Net loss per share attributable to common stockholders, basic (in dollars per share)-$9.47-$11.87
Net loss per share attributable to common stockholders, diluted (in dollars per share)-$9.47-$11.87
Weighted average shares used in computing net loss per share attributable to common stockholders, basic (in shares)8.2M shares7.9M shares
Weighted average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)8.2M shares7.9M shares
Foreign currency translation gain (loss)$1.8M-$2.3M
Total comprehensive loss-$75.5M-$95.7M

Compare Blue Bird Tbk with another company

The story

Founded by Purnomo Prawiro on May 1, 1972.1

Blue Bird Group was founded by Mutiara Fatimah Djokosoetono, the wife of Djokosoetono, who was the founder of the Jakarta-based College of Policing (STIK) and the College of Military Law (AHM), as well as the first dean of the Faculty of Law at the University of Indonesia. She founded the company with her two sons, Chandra Suharto and Purnomo Prawiro. They established a non-argo taxi company named Chandra Taksi (after Chandra Suharto), which is considered the predecessor of Blue Bird. Chandra Taksi started its operation from two cars granted by the people at PTIK and AHM. Chandra Taksi was considered an illegal taxi operation (taksi gelap) because the company utilised private cars for taxi service.

They officially founded Blue Bird in 1972, with their other business partners after had obtained permit from Jakarta Office of Transportation. Initially started with a fleet of 25 taxis, the company increased the fleet up to 500 in 1978, then later jumped into 2,000 in 1985. Its first Holden Torana fleet is currently on display at the company's headquarters. Blue Bird pioneered several innovations in the Indonesian taxicab industry, including argometer-based tariffs, air-conditioned taxis, and GPS system installations.

In 2011, Blue Bird launched its mobile app. At the same year, the company become the first taxi company in Indonesia to gave its mobile reservation via BlackBerry. On 5 November 2014, the company went public on Indonesia Stock Exchange.

On 30 March 2017, Blue Bird collaborated with the technology group Gojek to launch Go-Blue Bird, which enable consumers to order Blue Bird taxis directly through the Gojek app.

On 6 June 2018, Blue Bird unveiled a new company logo. At the same time, the company respelled its name to Bluebird, where the additional space between the word 'blue' and 'bird' was removed, merging both words into one. This spelling alignment was also applied to the company's business units; for example, Silver Bird was respelled to Silverbird.

On 22 April 2019, Bluebird launched their electric taxi fleet, e-Taxi, which consist of 25 BYD e6s for the regular Bluebird taxis and 5 Tesla Model X 75Ds for the executive Silverbird taxis, a first in the Indonesian taxicab industry. Both e6 and Model X taxis went on service on 1 May 2019, coinciding with the company's 47th anniversary.

From Wikipedia’s article on Bluebird Group, shared under CC BY-SA 4.0.5

Leadership

Who has led Blue Bird Tbk, and when. Pick a name to see everywhere that person has worked.

Products and brands

Bluebird Group is known for its two land transportation services: Bluebird regular taxis and Silverbird executive taxis. The company has since then expanded further into other business such as vehicle rental, pre-owned vehicle sales, intercity transport, charter transport, logistics, property industry, heavy equipments, and IT consultation services.

Bluebird

Bluebird (previously spelled as Blue Bird) is the company's core business unit since their establishment in 1972, focusing on regular taxi service.

Bigbird

Bigbird (previously spelled as Big Bird) focuses on charter bus service. It was established on 15 December 1978, and started operations in 1979.

In November 2024, Bigbird was appointed by the government of Medan to operate Higer electric buses in the city as a part of the TransMedan electric bus project.

Read the full text

Silverbird

Silverbird (previously spelled as Silver Bird) focuses on executive taxis. It was first started operations in 1993, originally dating back to Bluebird's involvement in the 10th Summit of the Non-Aligned Movement in September 1992. It is the first executive taxi service to be operated in Indonesia.

Ironbird

Ironbird (previously spelled as Iron Bird) focuses on logistics. It was established in 1993.

Goldenbird

Goldenbird (previously spelled as Golden Bird) focuses on vehicle rental and driver services. It is the current name to the company's initial business prior to their establishment, Chandra Taksi.

Cititrans

Cititrans is a premium intercity shuttle and logistics service in Indonesia that has been a subsidiary of the Blue Bird Group since March 2019. Originally founded in 2005 in Bandung, it is widely recognized as a pioneer in the "executive shuttle" segment, offering high-end, point-to-point (or pool-to-pool) transportation.

Birdmobil

Birdmobil (stylized as BirdMobil) was launched on 30 August 2023. It focuses on marketing used passenger vehicles, including retired Bluebird, Silverbird and Goldenbird cars. Prior to its establishment, Bluebird Group initially only offered used vehicles that were phased out from one of their business units after four- to five-years in service under their own entity.

Other ventures

In April 2025, Pusaka Satria Utama (PSU), one of Bluebird's parent companies, entered the public bus system in Jakarta, operating Minitrans city buses for Transjakarta.

From Wikipedia’s article on Bluebird Group, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

  • Big Bird

From Wikidata.1

Timeline

  1. Nov 5, 2014Went public Listed on Indonesia Stock Exchange1
  2. May 1, 1972Founded Founded1