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

IST:FONET Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	70.06	120.1	40.58	14.71	36.76	12.53
Short-Term Investments	80.93	39.36	9.23	2.1	2.69	-
Cash & Short-Term Investments	150.99	159.46	49.82	16.8	39.45	12.53
Cash Growth	611.74%	220.10%	196.46%	-57.41%	214.94%	45.32%
Accounts Receivable	176.44	127.08	57.2	35.45	145.48	42.61
Other Receivables	0.39	0.5	0.65	2.66	0.01	0.05
Receivables	176.83	127.58	57.84	38.11	145.5	42.66
Inventory	-	-	-	3.17	2.27	0.53
Prepaid Expenses	0.36	0.71	0.74	1.41	2.76	1.27
Other Current Assets	10.63	1.8	1.05	1.59	8.38	0.44
Total Current Assets	338.81	289.55	109.44	61.09	198.36	57.43
Property, Plant & Equipment	107.89	93.26	74.93	43.34	24.47	5.53
Other Intangible Assets	1,671	1,326	1,236	861.05	509.7	92.03
Long-Term Accounts Receivable	-	-	-	-	20.58	33.11
Long-Term Deferred Tax Assets	203.1	132.58	158.69	92.83	2.84	2.24
Other Long-Term Assets	0.12	0.12	0.15	0.17	0.06	0.57
Total Assets	2,321	1,842	1,579	1,058	756.02	190.91

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	7.42	14.84	21.75	3.61	3.49	2.57
Accrued Expenses	42.93	34.35	35.01	36.64	16.6	4.06
Short-Term Debt	41.12	49.64	14.35	25.49	2.32	2.13
Current Portion of Long-Term Debt	-	5.06	8.48	-	-	-
Current Portion of Leases	3.87	2.67	2.58	1.42	1	0.61
Current Income Taxes Payable	15.99	16.28	4.6	2.42	2.55	0.51
Current Unearned Revenue	0.11	0.06	-	0.03	97.44	10.34
Other Current Liabilities	0.71	0.68	1.75	4.47	2.03	0.92
Total Current Liabilities	112.15	123.57	88.52	74.09	125.42	21.15
Long-Term Debt	-	0.52	10.6	-	-	-
Long-Term Leases	13.91	12.43	3.36	6.26	1.3	0.86
Long-Term Unearned Revenue	-	-	-	-	20.58	33.11
Pension & Post-Retirement Benefits	14.68	6.89	5.58	4.36	7.66	1.75
Long-Term Deferred Tax Liabilities	91.09	7.36	1.14	1.4	69.41	1.94
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	231.83	150.78	109.2	86.11	224.38	58.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	936	936	144	144	40	40
Retained Earnings	868.07	649.19	833.22	486.33	298.69	92.73
Comprehensive Income & Other	285.36	106	492.88	342.04	192.95	-0.63
Shareholders' Equity	2,089	1,691	1,470	972.37	531.64	132.1
Total Liabilities & Equity	2,321	1,842	1,579	1,058	756.02	190.91

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	58.91	70.32	39.37	33.18	4.62	3.6
Net Cash (Debt)	92.08	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	0.10	0.01	-0.02	0.04	0.01
Filing Date Shares Outstanding	936	936	936	936	936	936
Total Common Shares Outstanding	936	936	936	936	936	936
Working Capital	226.66	165.99	20.92	-13	72.94	36.28
Book Value Per Share	2.23	1.81	1.57	1.04	0.57	0.14
Tangible Book Value	418.09	364.73	234.02	111.32	21.94	40.07
Tangible Book Value Per Share	0.45	0.39	0.25	0.12	0.02	0.04
Buildings	32.9	27.94	27.94	21.34	14.78	1.5
Machinery	157.78	124.28	110.4	63.44	40.83	7.27
Leasehold Improvements	34.27	29.1	16.79	11.06	4.97	0.89

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error