Horoz Lojistik Kargo Hizmetleri ve Ticaret Anonim Sirketi (IST:HOROZ)
Turkey · Delayed Price · Currency is TRY 57.20
+0.20 (0.35%)
Sep 7, 2026, 10:55 AM GMT+3
IST:HOROZ Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | -55.21 | -68.09 | 916.38 | 196.94 | 305.21 | 279.17 |
Depreciation & Amortization | 1,631 | 1,522 | 1,669 | 1,132 | 573.36 | 417.6 |
Loss (Gain) From Sale of Assets | -23.45 | -7.33 | 5.67 | -9.64 | 2.24 | -4.23 |
Asset Writedown & Restructuring Costs | 40.97 | 40.97 | 22 | - | 18.63 | -46.78 |
Loss (Gain) on Equity Investments | - | - | - | -48.88 | -51.84 | -52.98 |
Provision & Write-off of Bad Debts | 48.52 | 41.19 | -10.3 | 12.33 | 9.5 | 14.31 |
Other Operating Activities | 556.47 | 290.16 | -483.36 | -243.91 | -155.06 | -133.6 |
Change in Accounts Receivable | -1,348 | -995.1 | -272.94 | -841.54 | -412.52 | -138.25 |
Change in Inventory | 3.43 | -13.22 | - | - | - | - |
Change in Accounts Payable | 521.77 | 363.48 | 125.45 | 560.87 | 335.27 | 188.37 |
Change in Unearned Revenue | 21.09 | 25.98 | -22.58 | 11.58 | 44.51 | 5.86 |
Change in Other Net Operating Assets | -482.49 | -432.24 | 77.81 | -17.29 | -84.47 | 14.22 |
Operating Cash Flow | 914.1 | 768.02 | 2,027 | 801.35 | 584.83 | 543.69 |
Operating Cash Flow Growth | -24.18% | -62.11% | 152.93% | 37.02% | 7.57% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -596.25 | -388.1 | -523.91 | -206.23 | -158.17 | -199.3 |
Sale of Property, Plant & Equipment | 86.38 | 21.01 | 93.12 | 22.39 | 12.5 | 13.01 |
Investment in Securities | -96.9 | -96.9 | - | - | - | - |
Investing Cash Flow | -606.77 | -463.99 | -430.79 | -183.85 | -145.67 | -186.29 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 566.95 | 138.45 | 296.02 | 121.19 | 142.98 |
Long-Term Debt Repaid | - | -933.8 | -779.56 | -476.83 | -292.59 | -286.08 |
Net Debt Issued (Repaid) | 624.33 | -366.85 | -641.11 | -180.81 | -171.4 | -143.1 |
Issuance of Common Stock | - | - | 1,406 | - | - | - |
Other Financing Activities | -668.92 | -397.6 | -423.56 | -394 | -256.17 | -208.86 |
Financing Cash Flow | -44.58 | -764.45 | 341.25 | -574.81 | -427.57 | -351.96 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | -363.64 | -323.88 | -766.73 | -25.23 | - | - |
Net Cash Flow | -100.9 | -784.3 | 1,171 | 17.46 | 11.59 | 5.45 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 317.85 | 379.92 | 1,503 | 595.12 | 426.66 | 344.39 |
Free Cash Flow Growth | -56.34% | -74.72% | 152.55% | 39.48% | 23.89% | - |
Free Cash Flow Margin | 2.41% | 3.16% | 13.33% | 7.56% | 10.43% | 10.03% |
Free Cash Flow Per Share | 3.51 | 4.20 | 16.61 | 8.21 | 4.27 | 3.44 |
Levered Free Cash Flow | -504.17 | 36.32 | 865.34 | 301.98 | 122.33 | - |
Unlevered Free Cash Flow | -105.72 | 360.4 | 1,280 | 554.47 | 283.47 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Interest Paid | 590.83 | 309.23 | 330.63 | 394 | 256.17 | 208.86 |
Cash Income Tax Paid | - | -27.8 | -2 | 77.82 | 20.38 | 2.73 |
Change in Working Capital | -1,284 | -1,051 | -92.25 | -286.38 | -117.21 | 70.21 |