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

IST:FORMT 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	386.38	46.3	142.88	29.9	46.11	13.88
Cash & Short-Term Investments	386.38	46.3	142.88	29.9	46.11	13.88
Cash Growth	282.31%	-67.59%	377.84%	-35.15%	232.26%	-7.74%
Accounts Receivable	272.83	339.66	299.49	208.93	88.23	76.82
Other Receivables	4.08	5.2	4.33	8.32	1.75	4.04
Receivables	276.91	344.86	303.81	217.25	89.98	80.86
Inventory	314.81	276.47	380.28	165.64	99.07	47.16
Prepaid Expenses	0.03	0.08	0.34	1.51	1.59	-
Other Current Assets	128.84	91.51	112.02	129.3	42.26	19.08
Total Current Assets	1,107	759.22	939.34	543.6	279	160.98
Property, Plant & Equipment	1,307	1,136	953.13	601.86	56.36	19.53
Other Intangible Assets	14.43	14.52	18.6	0.42	0.11	0.03
Long-Term Accounts Receivable	-	-	-	26.6	-	-
Long-Term Deferred Tax Assets	179.73	10.27	2.72	-	9.96	7.18
Other Long-Term Assets	-	-	-	12.04	2.14	2.25
Total Assets	2,609	1,920	1,914	1,185	347.57	189.97
Accounts Payable	209.31	132.86	172.92	204.28	64.47	57.47
Accrued Expenses	15.36	8.31	13.1	6.27	1.5	1.38
Short-Term Debt	55.24	78.51	47.31	34.47	2.26	21.31
Current Portion of Long-Term Debt	170.02	187.58	84.26	50.74	12	11.37
Current Portion of Leases	6.38	5.27	2.9	6.03	4.11	2.64
Current Income Taxes Payable	-	-	-	-	0.28	0.99
Current Unearned Revenue	108.06	188.83	106.35	89.34	18.89	10.08
Other Current Liabilities	20.7	18.2	6.74	14.92	3.23	1.42
Total Current Liabilities	585.06	619.57	433.58	406.05	106.74	106.65
Long-Term Debt	100.48	137.08	138.78	34.25	1.63	15.3
Long-Term Leases	18.51	12.83	4.91	8.47	8.77	8.92
Long-Term Deferred Tax Liabilities	-	-	-	23.55	-	-
Other Long-Term Liabilities	0.76	-	-	-	-	0.25
Total Liabilities	712.26	775.47	578.85	480.06	119.48	131.78
Common Stock	1,076	538.13	538.13	269.07	246	76
Additional Paid-In Capital	51.85	41.2	41.2	26.9	0	-
Retained Earnings	-985.91	-800.47	-648.03	-360.87	-15.93	-16.99
Treasury Stock	-	-38.21	-1.63	-	-	-
Comprehensive Income & Other	1,754	1,404	1,405	769.36	-1.98	-0.82
Shareholders' Equity	1,896	1,144	1,335	704.46	228.09	58.19
Total Liabilities & Equity	2,609	1,920	1,914	1,185	347.57	189.97
Total Debt	350.62	421.28	278.16	133.96	28.78	59.53
Net Cash (Debt)	35.76	-374.98	-135.28	-104.06	17.32	-45.66
Net Cash Per Share	0.04	-0.70	-0.25	-0.50	0.09	-0.60
Filing Date Shares Outstanding	1,076	538.13	538.13	269.07	246	76
Total Common Shares Outstanding	1,076	538.13	538.13	269.07	246	76
Working Capital	521.91	139.65	505.75	137.55	172.26	54.32
Book Value Per Share	1.76	2.13	2.48	2.62	0.93	0.77
Tangible Book Value	1,882	1,130	1,316	704.04	227.98	58.16
Tangible Book Value Per Share	1.75	2.10	2.45	2.62	0.93	0.77
Land	251.28	215.37	215.37	176.32	-	-
Buildings	682.19	564.62	326.55	219.52	2.7	1.2
Machinery	475.26	411.97	252.11	155.61	54.27	17.33
Construction In Progress	-	-	192.69	44.02	-	-
Leasehold Improvements	55.81	47.83	47.24	31.65	5.35	3.08

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