Formet Metal ve Cam Sanayi A.S. (IST:FORMT)

Turkey · Delayed Price · Currency is TRY

1.510

-0.020 (-1.31%)

At close: Sep 2, 2026

IST:FORMT 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	Jun '26 Jun 30, 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	917.77	923.42	872.07	751.38	504.91	172.95
Revenue Growth	-3.70%	5.89%	16.06%	48.81%	191.94%	33.95%
Gross Profit	109.32	48.85	202.52	197.49	99.76	35.44
Operating Income	-59.04	-170.71	-39.07	-27.29	19.31	5.86
Net Income	-142.76	-108.03	-199.53	-131.47	-69.18	1.06
Earnings Per Share	-	-0.10	-0.37	-0.24	-0.33	0.01
EPS Growth	-	-	-	-	-	-92.12%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Turkey	918.34	743.75
Foreign	8.4	132.42
Unallocated	-3.32	-4.09
Total	923.42	872.07

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	115.24	129.03	60.6	142.88	29.9	46.11
Total Debt	211.69	229.58	551.42	278.16	133.96	28.78
Net Cash (Debt)	-96.46	-100.54	-490.82	-135.28	-104.06	17.32
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-0.09	-0.91	-0.25	-0.50	0.09

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	-342.38	-139.51	49.43	-239.33	-115.33	-63.29
Capital Expenditures	-146.8	-120.64	-339.76	-181.5	-86.59	-43.72
Free Cash Flow	-489.18	-260.15	-290.32	-420.83	-201.92	-107.02
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	11.91%	5.29%	23.22%	26.28%	19.76%	20.49%
Operating Margin	-6.43%	-18.49%	-4.48%	-3.63%	3.82%	3.39%
Pretax Margin	18.94%	-1.47%	-25.27%	-19.02%	-8.08%	-0.27%
Profit Margin	-15.55%	-11.70%	-22.88%	-17.50%	-13.70%	0.61%
FCF Margin	-53.30%	-28.17%	-33.29%	-56.01%	-39.99%	-61.88%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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	-	-	-	-	-	252.20
PS Ratio	1.88	3.72	4.87	1.71	1.06	1.55