Ihlas Holding A.S. (IST:IHLAS)

Turkey · Delayed Price · Currency is TRY

1.070

-0.010 (-0.93%)

Last updated: Aug 24, 2026, 1:02 PM GMT+3

Ihlas Holding A.S. Financials Overview

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

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

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
Revenue	19,139	17,160	13,540	10,925	6,535	2,823
Revenue Growth	39.45%	26.73%	23.94%	67.17%	131.51%	153.44%
Gross Profit	-1,455	-1,008	338.22	441.69	-121.61	443.24
Operating Income	-4,811	-4,228	-2,843	-1,863	-1,307	123.51
Net Income	-3,223	-3,232	-1,809	2,231	-887.45	208.74
Earnings Per Share	-	-2.15	-1.21	1.49	-0.59	0.15
EPS Growth	-	-	-	-	-	-

Revenue by Segment

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
Construction	4,827	2,457	3,229	1,826	1,670
Other	2,693	2,557	1,685	1,010	282.29
Media	3,155	2,999	2,389	1,285	317.13
Marketing	6,485	5,526	3,621	2,414	553.3
Total	17,160	13,540	10,925	6,535	2,823

Cash & Debt

Fiscal Year	Current	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 & Investments	1,304	1,016	991.14	664.66	1,249	700.24
Total Debt	3,439	2,695	1,154	377.38	319.47	265.02
Net Cash (Debt)	-2,135	-1,679	-162.9	287.28	929.32	435.22
Net Cash Growth	-	-	-	-69.09%	113.53%	-
Net Cash Per Share	-	-1.12	-0.11	0.19	0.62	0.32

Cash Flow & CapEx

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
Operating Cash Flow	-331.26	-155.36	-323.56	-877.97	-258.43	-608.81
Capital Expenditures	-323.45	-283.46	-203.84	-220.6	-189.79	-80.18
Free Cash Flow	-654.71	-438.82	-527.4	-1,099	-448.21	-688.99
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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
Gross Margin	-7.60%	-5.87%	2.50%	4.04%	-1.86%	15.70%
Operating Margin	-25.14%	-24.64%	-20.99%	-17.05%	-20.01%	4.38%
Pretax Margin	-16.25%	-18.68%	-18.65%	4.59%	-35.71%	14.92%
Profit Margin	-16.84%	-18.83%	-13.36%	20.42%	-13.58%	7.40%
FCF Margin	-3.42%	-2.56%	-3.90%	-10.06%	-6.86%	-24.41%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 24, 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
PE Ratio	-	-	-	0.63	-	3.95
Forward PE	-	0.64	0.64	0.64	0.64	0.64
PS Ratio	0.08	0.20	0.38	0.13	0.23	0.29