Fonet Bilgi Teknolojileri A.S. (IST:FONET)

Turkey · Delayed Price · Currency is TRY

5.24

+0.07 (1.35%)

Last updated: Aug 17, 2026, 10:30 AM GMT+3

IST:FONET Financials Overview

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

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	897.86	855.07	629.01	360.68	237.11	85.48
Revenue Growth	95.57%	35.94%	74.40%	52.12%	177.38%	31.67%
Gross Profit	362.02	336.27	173.65	92.68	88.04	40.99
Operating Income	295.54	282.06	127.28	36.45	66.53	35.19
Net Income	242.39	222.88	196.65	214.7	23.96	37.54
Earnings Per Share	-	0.24	0.21	0.23	0.03	0.04
EPS Growth	-	13.34%	-8.41%	796.09%	-36.18%	35.35%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Turkey	818.09	613.12	350.33	220.86	82.19
Foreign	37.71	16.34	10.57	20.99	3.3
Unallocated	-0.73	-0.45	-0.22	-4.74	-0.01
Total	855.07	629.01	360.68	237.11	85.48

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	146.05	159.46	49.82	16.8	39.45	12.53
Total Debt	63.2	70.32	39.37	33.18	4.62	3.6
Net Cash (Debt)	82.85	89.13	10.45	-16.38	34.84	8.93
Net Cash Growth	-	752.96%	-	-	290.25%	44.84%
Net Cash Per Share	-	0.10	0.01	-0.02	0.04	0.01

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	410.17	361.84	302.83	184.85	143.85	31.03
Capital Expenditures	-35.6	-35.06	-30.88	-8.38	-2.33	-1.48
Free Cash Flow	374.57	326.78	271.95	176.47	141.52	29.55
Free Cash Flow Growth	120.07%	20.16%	54.10%	24.70%	378.96%	14.05%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	40.32%	39.33%	27.61%	25.70%	37.13%	47.95%
Operating Margin	32.92%	32.99%	20.23%	10.11%	28.06%	41.17%
Pretax Margin	31.34%	29.81%	25.27%	7.84%	17.02%	43.23%
Profit Margin	27.00%	26.07%	31.26%	59.53%	10.11%	43.92%
FCF Margin	41.72%	38.22%	43.23%	48.93%	59.69%	34.57%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	19.96	11.72	12.30	4.27	29.47	13.74
P/FCF Ratio	12.92	7.99	8.90	5.19	4.99	17.46
PS Ratio	5.39	3.05	3.85	2.54	2.98	6.04