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	Jun '25 Jun 30, 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	366.63	143.4	18.16	8.92	6.72	6.46
Short-Term Investments	-	-	-	-	0.1	-
Cash & Short-Term Investments	366.63	143.4	18.16	8.92	6.82	6.46
Cash Growth	33.35%	689.70%	103.61%	30.81%	5.51%	-
Accounts Receivable	296.63	598.26	562.3	294.97	101.12	111.17
Other Receivables	10.92	8.6	35.68	24.07	3.37	0.22
Receivables	307.54	606.86	597.99	319.03	104.5	111.39
Inventory	1,006	604.74	276.44	441.48	191.4	115.81
Prepaid Expenses	44.61	0.08	4.89	1.5	0.81	0.25
Other Current Assets	82.5	49.56	154.83	76.12	9.67	0.58
Total Current Assets	1,808	1,405	1,052	847.05	313.2	234.49
Property, Plant & Equipment	744.49	603.02	551.78	329.64	131.95	84.28
Other Intangible Assets	1.46	1.27	1.84	1.1	0.23	0.17
Long-Term Accounts Receivable	2.65	1.51	8.4	-	2.11	3.21
Long-Term Deferred Tax Assets	-	-	-	3.45	0.93	7.15
Other Long-Term Assets	46.97	13.82	13.82	10.21	3.48	0.93
Total Assets	2,603	2,024	1,628	1,191	451.9	330.22
Accounts Payable	115.85	141.73	222.91	212.31	101.53	46.16
Accrued Expenses	16.38	13.84	16.46	6.1	3.25	1.94
Short-Term Debt	13.51	43.14	99.82	182.81	52.96	21.29
Current Portion of Long-Term Debt	150.04	-	302.2	25.4	64.22	56.55
Current Portion of Leases	9.44	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	88.02	3.54	34.8	35.9	9.14	13.34
Other Current Liabilities	10.04	0.11	22.97	150.19	6.62	10.17
Total Current Liabilities	403.29	234.88	714.94	621.51	248.59	158.66
Long-Term Debt	40.74	2.6	10.93	10.37	18.49	46.39
Long-Term Leases	100.18	68.5	70.06	6.38	6.98	11.27
Long-Term Unearned Revenue	2.54	2.54	-	-	-	-
Long-Term Deferred Tax Liabilities	0.41	74.39	17.27	-	-	-
Other Long-Term Liabilities	-	3.56	12.72	1.73	7.86	5.88
Total Liabilities	555.64	389.04	827.42	640.83	282.13	222.32
Common Stock	70	70	50	50	30	30
Additional Paid-In Capital	681.55	584.15	-	-	-	-
Retained Earnings	971.84	713.25	486.63	332.63	61.19	42.98
Comprehensive Income & Other	324.21	267.83	264.08	167.99	78.58	34.92
Shareholders' Equity	2,048	1,635	800.71	550.62	169.77	107.9
Total Liabilities & Equity	2,603	2,024	1,628	1,191	451.9	330.22
Total Debt	313.92	119.93	496.31	233.77	153.43	144.58
Net Cash (Debt)	52.72	23.47	-478.15	-224.85	-146.61	-138.12
Net Cash Per Share	0.75	0.35	-13.15	-5.65	-4.03	-3.80
Filing Date Shares Outstanding	70	70	50	50	36.35	36.35
Total Common Shares Outstanding	70	70	50	50	36.35	36.35
Working Capital	1,404	1,170	337.36	225.54	64.62	75.82
Book Value Per Share	29.25	23.36	16.01	11.01	4.67	2.97
Tangible Book Value	2,046	1,634	798.88	549.52	169.54	107.73
Tangible Book Value Per Share	29.23	23.34	15.98	10.99	4.66	2.96
Machinery	611.08	483.36	485.76	336.02	129.6	80.95
Construction In Progress	-	33.92	0.06	-	-	1.35
Leasehold Improvements	81.71	54.64	40.33	27.66	4.15	0.12

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.