<![CDATA[Sales recovery does not necessarily improve operating profitability when operating expenses absorb the additional gross profit. This study evaluates the relationship between sales, costs, and operating profit at PT VKTR Teknologi Mobilitas Tbk during 2023–2025. A descriptive quantitative case study uses annual reports and consolidated financial statement notes. Cost of goods sold serves as a proxy for variable costs, while selling and administrative expenses serve as a proxy for fixed costs. The analysis calculates contribution margin, break-even sales, margin of safety, and degree of operating leverage, followed by sales and cost-classification sensitivity scenarios. Under the baseline assumptions, break-even sales increase from IDR806,568 million to IDR1,041,099 million, while the margin of safety declines from 24.04% to 4.42%. Operating leverage rises from 4.16 to 22.63 times. In 2025, the IDR18,463 million increase in gross profit falls short of the IDR19,177 million increase in operating expenses. An alternative comparative expense figure changes the direction of the 2024–2025 profit comparison. The findings support margin-based planning and expense evaluation, while remaining conditional simulations rather than estimates of actual cost behavior or bankruptcy risk.]]>
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