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

IST:FORMT 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	115.24	129.03	60.6	142.88	29.9	46.11
Cash & Short-Term Investments	115.24	129.03	60.6	142.88	29.9	46.11
Cash Growth	-70.18%	112.91%	-57.58%	377.84%	-35.15%	232.26%
Accounts Receivable	389.18	419.9	444.59	299.49	208.93	88.23
Other Receivables	37.53	2.6	4.24	4.33	8.32	1.75
Receivables	426.7	422.5	448.83	303.81	217.25	89.98
Inventory	292.27	265.48	361.88	380.28	165.64	99.07
Prepaid Expenses	248.22	0.79	2.67	0.34	1.51	1.59
Other Current Assets	39.52	91.26	119.78	112.02	129.3	42.26
Total Current Assets	1,122	909.07	993.76	939.34	543.6	279
Property, Plant & Equipment	2,220	1,874	1,487	953.13	601.86	56.36
Other Intangible Assets	158.91	13.81	19	18.6	0.42	0.11
Long-Term Accounts Receivable	-	-	-	-	26.6	-
Long-Term Deferred Tax Assets	-	-	13.45	2.72	-	9.96
Other Long-Term Assets	-	-	-	-	12.04	2.14
Total Assets	3,501	2,797	2,513	1,914	1,185	347.57

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	174.57	155.21	173.9	172.92	204.28	64.47
Accrued Expenses	8.28	6.74	3.14	13.1	6.27	1.5
Short-Term Debt	50	23.63	102.77	47.31	34.47	2.26
Current Portion of Long-Term Debt	120.76	131.58	245.53	84.26	50.74	12
Current Portion of Leases	-	4.15	6.9	2.9	6.03	4.11
Current Income Taxes Payable	-	4.08	4.58	-	-	0.28
Current Unearned Revenue	205.15	157.87	247.16	106.35	89.34	18.89
Other Current Liabilities	28.68	22.17	26.99	6.74	14.92	3.23
Total Current Liabilities	587.43	505.43	810.97	433.58	406.05	106.74
Long-Term Debt	40.93	66.54	179.42	138.78	34.25	1.63
Long-Term Leases	-	3.68	16.79	4.91	8.47	8.77
Pension & Post-Retirement Benefits	-	11.54	7.85	1.57	7.75	2.33
Long-Term Deferred Tax Liabilities	131.26	99.32	-	-	23.55	-
Other Long-Term Liabilities	16.44	-	-	-	-	-
Total Liabilities	776.07	686.5	1,015	578.85	480.06	119.48

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	1,141	1,076	538.13	538.13	269.07	246
Additional Paid-In Capital	295.16	58.17	53.93	41.2	26.9	0
Retained Earnings	-1,411	-1,156	-1,048	-648.03	-360.87	-15.93
Treasury Stock	-	-	-50.01	-1.63	-	-
Comprehensive Income & Other	2,701	2,132	2,004	1,405	769.36	-1.98
Shareholders' Equity	2,725	2,111	1,498	1,335	704.46	228.09
Total Liabilities & Equity	3,501	2,797	2,513	1,914	1,185	347.57

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	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
Filing Date Shares Outstanding	-	1,076	538.13	538.13	269.07	246
Total Common Shares Outstanding	-	1,076	538.13	538.13	269.07	246
Working Capital	534.51	403.64	182.79	505.75	137.55	172.26
Book Value Per Share	-	1.96	2.78	2.48	2.62	0.93
Tangible Book Value	2,566	2,097	1,479	1,316	704.04	227.98
Tangible Book Value Per Share	-	1.95	2.75	2.45	2.62	0.93
Land	-	281.91	281.91	215.37	176.32	-
Buildings	-	1,082	739.05	326.55	219.52	2.7
Machinery	-	651.23	539.23	252.11	155.61	54.27
Construction In Progress	-	6.33	-	192.69	44.02	-
Leasehold Improvements	-	62.61	62.61	47.24	31.65	5.35

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:

Aug 30, 2026

Data Sources Report a data error