IST:FORTE Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	507.28	106.05	336.62	90.86	27.56
Short-Term Investments	-	-	62.69	-	-
Cash & Short-Term Investments	507.28	106.05	399.31	90.86	27.56
Cash Growth	378.36%	-73.44%	339.48%	229.71%	-50.04%
Accounts Receivable	786.79	604.02	340.37	313.34	114.84
Other Receivables	72.5	9.65	-	1.02	0.37
Receivables	859.29	613.68	340.37	314.36	115.21
Inventory	851.21	111.96	258.78	173.66	28.17
Prepaid Expenses	289.49	13.2	13.35	4.12	0.41
Other Current Assets	117.29	43.17	24.99	25.84	6.94
Total Current Assets	2,625	888.06	1,037	608.84	178.29
Property, Plant & Equipment	257.06	122.21	57.42	15.68	2.52
Long-Term Investments	19	11.98	1.02	0.13	-
Other Intangible Assets	2,948	321.75	180.81	71.8	11.28
Long-Term Deferred Tax Assets	-	-	-	-	1.87
Other Long-Term Assets	60.75	55.43	58.9	1.84	0.29
Total Assets	5,909	1,399	1,335	698.3	194.25
Accounts Payable	617.71	458.85	285.64	214.39	107.77
Accrued Expenses	115.98	26.7	27.15	15.54	3.2
Short-Term Debt	416.5	0.54	68.1	156.85	0.13
Current Portion of Long-Term Debt	414.82	76.25	18.43	-	-
Current Portion of Leases	9.7	5.2	2.24	3.55	0.69
Current Income Taxes Payable	26.79	4.25	25.94	10.04	3.45
Current Unearned Revenue	-	4.45	14.07	0.73	1.25
Other Current Liabilities	18.05	1.49	1.78	3.37	0.53
Total Current Liabilities	1,946	577.74	443.35	404.47	117.01
Long-Term Debt	885.08	29.45	17.58	-	-
Long-Term Leases	75.8	0.26	0.76	2.46	0.29
Long-Term Unearned Revenue	-	-	0.42	0.99	-
Pension & Post-Retirement Benefits	5.75	4.63	3.18	1.86	0.84
Long-Term Deferred Tax Liabilities	40.41	0.21	1.37	3.15	-
Other Long-Term Liabilities	477.4	15.58	12.15	11.82	3.21
Total Liabilities	3,431	627.87	478.81	424.75	121.35
Common Stock	67	67	67	45	45
Additional Paid-In Capital	604.64	461.93	461.93	-	-
Retained Earnings	1,547	33.83	124.32	116.73	27.93
Comprehensive Income & Other	248.41	202.73	202.89	111.82	-0.03
Total Common Equity	2,467	765.49	856.14	273.55	72.9
Minority Interest	11.46	6.06	-	-	-
Shareholders' Equity	2,478	771.55	856.14	273.55	72.9
Total Liabilities & Equity	5,909	1,399	1,335	698.3	194.25
Total Debt	1,802	111.7	107.11	162.87	1.11
Net Cash (Debt)	-1,295	-5.65	292.2	-72.01	26.45
Net Cash Growth	-	-	-	-	-51.23%
Net Cash Per Share	-	-0.08	5.51	-1.60	1.91
Filing Date Shares Outstanding	-	67	67	67	13.84
Total Common Shares Outstanding	-	67	67	45	13.84
Working Capital	678.44	310.32	593.45	204.38	61.28
Book Value Per Share	-	11.43	12.78	6.08	5.27
Tangible Book Value	-480.64	443.75	675.33	201.75	61.62
Tangible Book Value Per Share	-	6.62	10.08	4.48	4.45
Machinery	-	134.67	64.42	14.13	2.3
Leasehold Improvements	-	9.6	6.41	4.24	0.7

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