Gulermak Aglr Sanayi Insaat ve Taahhut A.S. (IST:GLRMK)

IST:GLRMK 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	17,431	14,412	10,803	6,411	2,372	5,080
Short-Term Investments	685.14	-	30.37	0	0	0
Cash & Short-Term Investments	18,116	14,412	10,833	6,411	2,372	5,080
Cash Growth	95.94%	33.03%	68.98%	170.30%	-53.31%	-
Accounts Receivable	42,721	35,000	30,008	12,824	8,570	11,264
Other Receivables	2,487	1,676	2,031	1,587	724.39	281.17
Receivables	45,208	36,676	32,040	14,411	9,294	11,545
Inventory	774.34	508.91	295.51	427.9	331.26	273.74
Prepaid Expenses	3,933	-	-	-	295.17	353.61
Other Current Assets	986.13	5,615	5,188	4,415	2,797	1,737
Total Current Assets	69,018	57,211	48,356	25,665	15,089	18,990
Property, Plant & Equipment	5,780	4,390	2,959	2,207	2,211	2,325
Long-Term Investments	0.73	0.75	0.75	0.68	356.86	138.47
Goodwill	1,143	765.67	448.21	-	-	-
Other Intangible Assets	81.24	70.19	11.42	11	14.4	18.73
Long-Term Accounts Receivable	2.8	2.8	3.66	15.4	96.59	251.01
Long-Term Deferred Tax Assets	1,238	845.74	1,823	1,629	743.29	943.31
Other Long-Term Assets	2,721	1,771	1,002	661.62	563.33	887.33
Total Assets	79,984	65,057	54,604	30,190	19,074	23,554

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	6,819	7,630	8,812	7,420	4,572	6,560
Accrued Expenses	837.35	1,718	1,340	1,378	732.17	979.2
Current Portion of Long-Term Debt	-	4,914	5,417	815.31	928.45	1.43
Current Portion of Leases	263.67	239.81	29.73	42.6	36.38	103.51
Current Income Taxes Payable	139.23	82.22	214.11	227.78	158.98	0.21
Current Unearned Revenue	14,260	10,841	10,355	5,844	3,848	4,727
Other Current Liabilities	2,055	694.35	1,330	1,020	780.84	977.49
Total Current Liabilities	29,260	26,119	27,497	16,747	11,057	13,348
Long-Term Debt	11,707	8,105	3,551	2,101	133.89	-
Long-Term Leases	874.95	946.7	44.97	79.51	79.15	261.83
Long-Term Unearned Revenue	5,835	8,962	10,175	4,060	2,145	1,732
Pension & Post-Retirement Benefits	85.05	69.26	81.31	69.02	43.55	47.44
Long-Term Deferred Tax Liabilities	3,695	2,970	2,335	1,651	941.66	1,385
Other Long-Term Liabilities	148.96	135.42	141.87	102.3	76.32	697.37
Total Liabilities	51,606	47,308	43,826	24,809	14,477	17,472

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	322.6	322.6	300	80	80	80
Additional Paid-In Capital	4,205	3,571	-	-	-	-
Retained Earnings	21,946	17,053	12,764	6,191	3,673	3,799
Comprehensive Income & Other	1,894	-3,200	-2,286	-890.54	844.04	2,204
Total Common Equity	28,367	17,746	10,778	5,381	4,597	6,083
Minority Interest	10.72	2.76	-0.01	-	-	-
Shareholders' Equity	28,378	17,749	10,778	5,381	4,597	6,083
Total Liabilities & Equity	79,984	65,057	54,604	30,190	19,074	23,554

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	17,732	14,206	9,043	3,038	1,178	366.77
Net Cash (Debt)	383.67	206.02	1,790	3,373	1,194	4,713
Net Cash Growth	-	-88.49%	-46.91%	182.49%	-74.67%	-
Net Cash Per Share	-	0.65	7.78	42.16	14.92	58.92
Filing Date Shares Outstanding	-	322.6	300	80	80	80
Total Common Shares Outstanding	-	322.6	300	80	80	80
Working Capital	39,757	31,092	20,859	8,918	4,032	5,641
Book Value Per Share	-	55.01	35.93	67.26	57.47	76.03
Tangible Book Value	27,143	16,911	10,318	5,370	4,583	6,064
Tangible Book Value Per Share	-	52.42	34.39	67.12	57.29	75.80
Land	-	103.41	101.23	110.32	25.18	25.18
Buildings	-	363.28	354.33	243.04	179.2	146.9
Machinery	-	7,370	6,795	4,618	3,489	2,578
Construction In Progress	-	771.29	209.92	0.02	7.2	473.29
Leasehold Improvements	-	1.49	1.81	-	-	-

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 27, 2026

Data Sources Report a data error