Ihlas Holding A.S. (IST:IHLAS)

Ihlas Holding A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	297.01	464.1	483.96	1,058	630.04	488.6
Short-Term Investments	338.02	293.12	180.71	191.21	70.2	-
Cash & Short-Term Investments	635.03	757.21	664.66	1,249	700.24	488.6
Cash Growth	79.12%	13.92%	-46.77%	78.34%	43.32%	968.00%
Accounts Receivable	2,894	2,542	2,615	2,846	1,345	1,027
Other Receivables	287.6	119.51	116.48	231.8	57.65	11.18
Receivables	3,182	2,662	2,731	3,078	1,402	1,038
Inventory	11,806	8,828	11,046	4,175	1,512	929.7
Prepaid Expenses	106.98	115.37	139.74	99.03	54.69	25.92
Other Current Assets	1,580	1,307	1,336	1,080	487.71	242.86
Total Current Assets	17,310	13,669	15,918	9,681	4,157	2,725
Property, Plant & Equipment	5,530	4,822	4,484	2,908	692.28	345.38
Long-Term Investments	329.77	270.78	116.66	6.52	1.03	-
Other Intangible Assets	186.16	145.5	157.96	95.11	22.51	20.24
Long-Term Accounts Receivable	339.33	232.58	130.13	79.1	53.11	26.14
Long-Term Deferred Tax Assets	1,285	1,052	607.55	327.64	113.08	89.23
Other Long-Term Assets	3,714	3,164	3,023	2,522	559.18	600.82
Total Assets	28,694	23,356	24,437	15,620	5,598	3,807
Accounts Payable	1,843	1,523	2,259	804.43	646.59	211.25
Accrued Expenses	472.26	281.54	400.39	298.05	337.5	38.09
Short-Term Debt	657.48	339.59	0.15	3.4	6.63	42.33
Current Portion of Long-Term Debt	154.53	77.99	50.95	92.25	83	115.23
Current Portion of Leases	74.35	58.86	54.01	30.29	14.95	9.76
Current Income Taxes Payable	19.62	2.36	60.68	26.4	5.99	8.91
Current Unearned Revenue	632.86	421.15	419.03	476.35	495.44	198.13
Other Current Liabilities	28.94	119.11	108.51	90.96	42.67	25.77
Total Current Liabilities	3,883	2,823	3,353	1,822	1,633	649.47
Long-Term Debt	146.05	154.4	15.22	77.53	111.56	267.96
Long-Term Leases	253.37	250.83	257.05	116	48.88	53.93
Long-Term Unearned Revenue	7,725	5,162	4,760	3,487	32.21	815.24
Long-Term Deferred Tax Liabilities	2,612	2,218	1,463	705.21	99.94	51.37
Other Long-Term Liabilities	1,356	832.91	864.4	32.51	7.86	7.36
Total Liabilities	16,205	11,609	10,875	6,395	2,028	1,912
Common Stock	1,500	1,500	1,500	1,500	1,500	790.4
Additional Paid-In Capital	52.21	1,169	1,129	808.61	19.01	7.95
Retained Earnings	1,936	-19,895	-18,497	-14,267	-181.88	-418.62
Treasury Stock	-	-	-	-93.16	-98.23	-
Comprehensive Income & Other	1,035	21,863	21,814	14,675	311.29	152.86
Total Common Equity	4,524	4,637	5,946	2,623	1,550	532.59
Minority Interest	7,966	7,111	7,617	6,602	2,020	1,362
Shareholders' Equity	12,489	11,748	13,563	9,225	3,570	1,895
Total Liabilities & Equity	28,694	23,356	24,437	15,620	5,598	3,807
Total Debt	1,286	881.67	377.38	319.47	265.02	489.21
Net Cash (Debt)	-650.76	-124.45	287.28	929.32	435.22	-0.61
Net Cash Growth	-	-	-69.09%	113.53%	-	-
Net Cash Per Share	-0.43	-0.08	0.19	0.62	0.32	-0.00
Filing Date Shares Outstanding	1,500	1,500	1,500	1,500	1,415	790.4
Total Common Shares Outstanding	1,500	1,500	1,500	1,500	1,415	790.4
Working Capital	13,427	10,846	12,565	7,859	2,524	2,076
Book Value Per Share	3.02	3.09	3.96	1.75	1.10	0.67
Tangible Book Value	4,337	4,491	5,788	2,528	1,528	512.35
Tangible Book Value Per Share	2.89	2.99	3.86	1.69	1.08	0.65
Land	4,806	4,119	3,606	2,363	614.01	264.63
Machinery	2,731	2,302	2,176	1,381	189.47	148.68
Construction In Progress	-	-	-	-	1.39	1.39

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.