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

IST:FONET Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.4	31.01	14.71	36.76	12.53	8.62
Short-Term Investments	6.82	7.05	2.1	2.69	-	-
Cash & Short-Term Investments	21.21	38.06	16.8	39.45	12.53	8.62
Cash Growth	93.27%	126.49%	-57.41%	214.94%	45.32%	194.42%
Accounts Receivable	78.74	43.7	35.45	145.48	42.61	16.52
Other Receivables	0.44	0.49	2.66	0.01	0.05	0.01
Receivables	79.18	44.19	38.11	145.5	42.66	16.53
Inventory	43.06	-	3.17	2.27	0.53	1.29
Prepaid Expenses	0.24	0.57	1.41	2.76	1.27	0.97
Other Current Assets	2.4	0.8	1.59	8.38	0.44	0.21
Total Current Assets	146.1	83.61	61.09	198.36	57.43	27.62
Property, Plant & Equipment	60.29	57.25	43.34	24.47	5.53	5.25
Other Intangible Assets	1,109	944.35	861.05	509.7	92.03	72.65
Long-Term Accounts Receivable	-	-	-	20.58	33.11	0.79
Long-Term Deferred Tax Assets	422.62	121.24	92.83	2.84	2.24	1.66
Other Long-Term Assets	0.12	0.12	0.17	0.06	0.57	0.76
Total Assets	1,738	1,207	1,058	756.02	190.91	108.73
Accounts Payable	9.71	16.61	3.61	3.49	2.57	1
Accrued Expenses	39.15	26.75	36.64	16.6	4.06	3.13
Short-Term Debt	28.72	10.97	25.49	2.32	2.13	1.14
Current Portion of Long-Term Debt	6.75	6.48	-	-	-	-
Current Portion of Leases	3.36	1.97	1.42	1	0.61	0.58
Current Income Taxes Payable	3.94	3.52	2.42	2.55	0.51	0.59
Current Unearned Revenue	0.08	-	0.03	97.44	10.34	1.19
Other Current Liabilities	0.61	1.34	4.47	2.03	0.92	1.73
Total Current Liabilities	92.32	67.63	74.09	125.42	21.15	9.36
Long-Term Debt	4.42	8.1	-	-	-	-
Long-Term Leases	0.86	2.57	6.26	1.3	0.86	0.74
Long-Term Unearned Revenue	-	-	-	20.58	33.11	0.79
Long-Term Deferred Tax Liabilities	290.12	0.87	1.4	69.41	1.94	1.93
Total Liabilities	393.39	83.43	86.11	224.38	58.8	13.86
Common Stock	144	144	144	40	40	40
Retained Earnings	776.89	636.57	486.33	298.69	92.73	55.44
Treasury Stock	-18.21	-15.6	-15.6	-	-	-
Comprehensive Income & Other	441.72	358.17	357.64	192.95	-0.63	-0.56
Shareholders' Equity	1,344	1,123	972.37	531.64	132.1	94.87
Total Liabilities & Equity	1,738	1,207	1,058	756.02	190.91	108.73
Total Debt	44.1	30.07	33.18	4.62	3.6	2.46
Net Cash (Debt)	-22.89	7.98	-16.38	34.84	8.93	6.16
Net Cash Growth	-	-	-	290.25%	44.84%	1294.92%
Net Cash Per Share	-0.16	0.06	-0.11	0.24	0.06	0.04
Filing Date Shares Outstanding	144	144	144	144	144	144
Total Common Shares Outstanding	144	144	144	144	144	144
Working Capital	53.78	15.98	-13	72.94	36.28	18.27
Book Value Per Share	9.34	7.80	6.75	3.69	0.92	0.66
Tangible Book Value	235.73	178.79	111.32	21.94	40.07	22.23
Tangible Book Value Per Share	1.64	1.24	0.77	0.15	0.28	0.15
Buildings	24.9	21.34	21.34	14.78	1.5	1.5
Machinery	99.66	84.34	63.44	40.83	7.27	5.57
Leasehold Improvements	15.35	12.83	11.06	4.97	0.89	0.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.