Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi (IST:MANAS)

Turkey · Delayed Price · Currency is TRY

33.28

+0.08 (0.24%)

Last updated: Aug 31, 2026, 3:27 PM GMT+3

IST:MANAS 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	468.88	516.52	475.77	397.6	269.47	96.38
Revenue Growth	-11.63%	8.57%	19.66%	47.55%	179.58%	78.52%
Gross Profit	66.28	165.78	281.19	214.16	107.44	36.46
Operating Income	-163.18	-70.9	103.87	109.34	49.13	20.02
Net Income	-622.38	-410.74	-147.96	56.89	-39.4	4.11
Earnings Per Share	-	-2.48	-1.61	0.71	-0.48	0.05
EPS Growth	-	-	-	-	-	-

Revenue by Geography

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
Turkey	499.74	446.98	397.66	292.41	94.71
Foreign	43.29	39.18	15.53	8.45	4.3
Unallocated	-26.51	-10.39	-15.59	-31.39	-2.63
Total	516.52	475.77	397.6	269.47	96.38

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	24.89	18.49	6.35	5.86	28.9	5.48
Total Debt	801.25	683.83	624.26	307.2	181.2	17.93
Net Cash (Debt)	-776.36	-665.33	-617.91	-301.34	-152.3	-12.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-4.02	-6.73	-3.77	-1.84	-0.15

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	174.71	294.83	-76.46	-70.77	-42.32	-38.31
Capital Expenditures	-6.18	-7.56	-35.85	-13.19	-74.29	-0.94
Free Cash Flow	168.53	287.27	-112.31	-83.96	-116.61	-39.25
Free Cash Flow Growth	31.60%	-	-	-	-	-

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	14.13%	32.09%	59.10%	53.86%	39.87%	37.83%
Operating Margin	-34.80%	-13.73%	21.83%	27.50%	18.23%	20.77%
Pretax Margin	-119.59%	-74.87%	-29.56%	4.31%	-7.42%	6.19%
Profit Margin	-132.74%	-79.52%	-31.10%	14.31%	-14.62%	4.26%
FCF Margin	35.94%	55.62%	-23.61%	-21.12%	-43.27%	-40.72%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 31, 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	-	-	-	10.36	-	78.66
P/FCF Ratio	65.22	9.19	-	-	-	-
PS Ratio	23.44	5.11	1.55	1.48	4.04	3.35