Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S. (IST:FORTE)
Turkey
· Delayed Price · Currency is TRY 79.65
+0.85 (1.08%)
Last updated: Apr 3, 2025
IST:FORTE Income Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 1,781 | 959.88 | 685.13 | 215.35 | 204.33 |
| Revenue Growth (YoY) | 85.58% | 40.10% | 218.15% | 5.40% | - |
| Cost of Revenue | 1,461 | 633.95 | 506.07 | 176.62 | 150.39 |
| Gross Profit | 320.69 | 325.93 | 179.06 | 38.73 | 53.94 |
| Selling, General & Admin | 103.56 | 67.34 | 28.39 | 5.72 | 4.38 |
| Research & Development | 10.46 | 6.72 | 3.79 | 0.3 | - |
| Other Operating Expenses | 24.19 | 15.29 | -25 | -0.22 | 1.97 |
| Operating Expenses | 138.21 | 89.35 | 7.19 | 5.81 | 6.35 |
| Operating Income | 182.48 | 236.58 | 171.87 | 32.93 | 47.59 |
| Interest Expense | -49.69 | -35.87 | -10.24 | -0.04 | -0.01 |
| Interest & Investment Income | 60.86 | 94.19 | 3.4 | 2.07 | 1.08 |
| Currency Exchange Gain (Loss) | -105.91 | 53.3 | -9.41 | -6.14 | 0.24 |
| Other Non Operating Income (Expenses) | -157.14 | -259.83 | -73.2 | -0.31 | -1.8 |
| EBT Excluding Unusual Items | -69.39 | 88.37 | 82.42 | 28.51 | 47.1 |
| Gain (Loss) on Sale of Investments | -3.83 | -5.56 | - | -0 | - |
| Pretax Income | -73.22 | 82.81 | 82.42 | 28.51 | 47.1 |
| Income Tax Expense | 9.55 | 70.62 | 27.14 | 5.05 | 6.22 |
| Earnings From Continuing Operations | -82.76 | 12.19 | 55.28 | 23.46 | 40.88 |
| Minority Interest in Earnings | 0.75 | - | - | - | -9.58 |
| Net Income | -82.02 | 12.19 | 55.28 | 23.46 | 31.29 |
| Net Income to Common | -82.02 | 12.19 | 55.28 | 23.46 | 31.29 |
| Net Income Growth | - | -77.94% | 135.66% | -25.04% | - |
| Shares Outstanding (Basic) | 67 | 53 | 45 | 14 | 2 |
| Shares Outstanding (Diluted) | 67 | 53 | 45 | 14 | 2 |
| Shares Change (YoY) | 26.26% | 17.93% | 225.19% | 476.58% | - |
| EPS (Basic) | -1.22 | 0.23 | 1.23 | 1.70 | 13.04 |
| EPS (Diluted) | -1.22 | 0.23 | 1.23 | 1.70 | 13.04 |
| EPS Growth | - | -81.30% | -27.53% | -87.00% | - |
| Free Cash Flow | 27.15 | 250.46 | -24.95 | -9.58 | 45.75 |
| Free Cash Flow Per Share | 0.41 | 4.72 | -0.56 | -0.69 | 19.06 |
| Dividend Per Share | - | 0.113 | - | - | - |
| Gross Margin | 18.00% | 33.95% | 26.14% | 17.99% | 26.40% |
| Operating Margin | 10.24% | 24.65% | 25.09% | 15.29% | 23.29% |
| Profit Margin | -4.60% | 1.27% | 8.07% | 10.89% | 15.32% |
| Free Cash Flow Margin | 1.52% | 26.09% | -3.64% | -4.45% | 22.39% |
| EBITDA | 195.14 | 240.9 | 173.66 | 33.3 | 47.92 |
| EBITDA Margin | 10.95% | 25.10% | 25.35% | 15.47% | 23.45% |
| D&A For EBITDA | 12.66 | 4.32 | 1.79 | 0.38 | 0.33 |
| EBIT | 182.48 | 236.58 | 171.87 | 32.93 | 47.59 |
| EBIT Margin | 10.24% | 24.65% | 25.09% | 15.29% | 23.29% |
| Effective Tax Rate | - | 85.28% | 32.93% | 17.71% | 13.21% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.