IST:ARTMS Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	151.41	143.4	18.16	8.92	6.72	6.46
Short-Term Investments	-	-	-	-	0.1	-
Cash & Short-Term Investments	151.41	143.4	18.16	8.92	6.82	6.46
Cash Growth	-59.54%	689.70%	103.61%	30.81%	5.51%	-
Accounts Receivable	492.1	598.26	562.3	294.97	101.12	111.17
Other Receivables	24.56	8.6	35.68	24.07	3.37	0.22
Receivables	516.66	606.86	597.99	319.03	104.5	111.39
Inventory	814.85	604.74	276.44	441.48	191.4	115.81
Prepaid Expenses	109.13	0.08	4.89	1.5	0.81	0.25
Other Current Assets	2.35	49.56	154.83	76.12	9.67	0.58
Total Current Assets	1,594	1,405	1,052	847.05	313.2	234.49
Property, Plant & Equipment	541.13	603.02	551.78	329.64	131.95	84.28
Other Intangible Assets	137.76	1.27	1.84	1.1	0.23	0.17
Long-Term Accounts Receivable	1.51	1.51	8.4	-	2.11	3.21
Long-Term Deferred Tax Assets	-	-	-	3.45	0.93	7.15
Other Long-Term Assets	67.61	13.82	13.82	10.21	3.48	0.93
Total Assets	2,342	2,024	1,628	1,191	451.9	330.22
Accounts Payable	220.4	141.73	222.91	212.31	101.53	46.16
Accrued Expenses	14.86	13.84	16.46	6.1	3.25	1.94
Short-Term Debt	12.95	43.14	99.82	182.81	52.96	21.29
Current Portion of Long-Term Debt	13.05	-	302.2	25.4	64.22	56.55
Current Portion of Leases	0	5.69	13.3	8.8	10.78	9.09
Current Income Taxes Payable	-	26.83	2.49	-	0.08	0.12
Current Unearned Revenue	10.62	3.54	34.8	35.9	9.14	13.34
Other Current Liabilities	33.94	0.11	22.97	150.19	6.62	10.17
Total Current Liabilities	305.81	234.88	714.94	621.51	248.59	158.66
Long-Term Debt	34.55	2.6	10.93	10.37	18.49	46.39
Long-Term Leases	68.02	68.5	70.06	6.38	6.98	11.27
Long-Term Unearned Revenue	2.54	2.54	-	-	-	-
Long-Term Deferred Tax Liabilities	50.61	74.39	17.27	-	-	-
Other Long-Term Liabilities	3.56	3.56	12.72	1.73	7.86	5.88
Total Liabilities	469.92	389.04	827.42	640.83	282.13	222.32
Common Stock	70	70	50	50	30	30
Additional Paid-In Capital	642.93	584.15	-	-	-	-
Retained Earnings	858.34	713.25	486.63	332.63	61.19	42.98
Comprehensive Income & Other	301.22	267.83	264.08	167.99	78.58	34.92
Shareholders' Equity	1,872	1,635	800.71	550.62	169.77	107.9
Total Liabilities & Equity	2,342	2,024	1,628	1,191	451.9	330.22
Total Debt	128.57	119.93	496.31	233.77	153.43	144.58
Net Cash (Debt)	22.84	23.47	-478.15	-224.85	-146.61	-138.12
Net Cash Per Share	-	0.35	-13.15	-5.65	-4.03	-3.80
Filing Date Shares Outstanding	-	70	50	50	36.35	36.35
Total Common Shares Outstanding	-	70	50	50	36.35	36.35
Working Capital	1,289	1,170	337.36	225.54	64.62	75.82
Book Value Per Share	-	23.36	16.01	11.01	4.67	2.97
Tangible Book Value	1,735	1,634	798.88	549.52	169.54	107.73
Tangible Book Value Per Share	-	23.34	15.98	10.99	4.66	2.96
Machinery	-	483.36	485.76	336.02	129.6	80.95
Construction In Progress	-	33.92	0.06	-	-	1.35
Leasehold Improvements	-	54.64	40.33	27.66	4.15	0.12

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.