Analysis of the Influence of COF, OPEX, TAC, And NCL on Profits, Relationship to the Industrial Revolution 5.0. On Financing Companies in Indonesia

Abstract

This research analyzes the influence of Cost of Funds (COF), Operating Expenses (OPEX), Total Acquisition Cost (TAC), and Net Credit Loss (NCL) on profits at PT. Adira Dinamika Multifinance Tbk, in relation to the Industrial Revolution 5.0. The data used are the company's financial reports for the 2010-2022 period. The analytical methods applied include classical assumption tests, multiple linear regression, coefficient of determination (R²), and F and t statistical tests. The research results show that TAC has a significant influence on profits, while COF, OPEX, and NCL do not have a significant influence. These findings indicate that efficiency in customer acquisition strategies and the use of digital technology are the keys to increasing company profits. This research emphasizes the importance of integrating advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and blockchain in optimizing business processes, reducing costs, and improving risk management. The practical implication of this research is the need for finance companies to continue to innovate and adopt the latest technology to increase profitability in the era of the Industrial Revolution 5.0.