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Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S. (IST:FORTE)
Turkey flag Turkey · Delayed Price · Currency is TRY
108.60
+4.40 (4.22%)
At close: Jul 31, 2026

IST:FORTE Financials Overview

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,4382,4381,781959.88685.13215.35
Revenue Growth
4.54%36.84%85.58%40.10%218.15%5.40%
Gross Profit
1,0011,001320.69325.93179.0638.73
Operating Income
658.46658.46182.48236.58171.8732.93
Net Income
2,3292,329-82.0212.1955.2823.46
Earnings Per Share
---1.220.231.231.70
EPS Growth
----81.30%-27.53%-87.00%

Revenue by Segment
Chart
Fiscal YearFY 2024FY 2023FY 2022FY 2021
Period EndingDec '24 Dec '23 Dec '22 Dec '21
Commercial Activities
1,577856.59592.57202.44
Software Activities
89.75103.3792.5712.91
Crowdfunding Activities
1.12---
Agricultural Activities
156.66---
Eliminations
-43.41-0.08--
Total
1,781959.88685.13215.35

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
507.28507.28106.05399.3190.8627.56
Total Debt
1,8021,802111.7107.11162.871.11
Net Cash (Debt)
-1,295-1,295-5.65292.2-72.0126.45
Net Cash Growth
------51.23%
Net Cash Per Share
---0.085.51-1.601.91

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,8742,87495.18295.19-21.56-9.16
Capital Expenditures
-45.06-45.06-68.04-44.73-3.39-0.43
Free Cash Flow
2,8292,82927.15250.46-24.95-9.58
Free Cash Flow Growth
7861.96%10321.59%-89.16%---

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
41.05%41.05%18.00%33.95%26.14%17.99%
Operating Margin
27.01%27.01%10.24%24.65%25.09%15.29%
Pretax Margin
98.47%98.47%-4.11%8.63%12.03%13.24%
Profit Margin
95.55%95.55%-4.60%1.27%8.07%10.89%
FCF Margin
116.05%116.05%1.52%26.09%-3.64%-4.45%

Dividends
Chart
Fiscal YearFY 2023
Period EndingDec '23
Dividend Per Share
0.113
Dividend Per Share Growth
-
Dividend Yield
0.17%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
3.902.32-362.95--
P/FCF Ratio
2.571.91129.0917.67--
PS Ratio
2.982.221.974.61--