IST:MARKA Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 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
Cash & Equivalents	0.09	0.09	1.71	1.63	1.07	1.93
Cash & Short-Term Investments	0.09	0.09	1.71	1.63	1.07	1.93
Cash Growth	-95.64%	-94.74%	4.62%	52.45%	-44.49%	166.78%
Accounts Receivable	12.56	13.18	58.08	92.59	52.27	14.47
Other Receivables	56.24	49.72	180.67	46.5	14.65	0.18
Receivables	68.8	62.9	238.76	139.09	66.92	14.65
Inventory	20.72	18.8	-	14.75	11.3	2.06
Prepaid Expenses	0.02	0.02	3.98	1.41	3.48	0.74
Other Current Assets	6.5	6.27	12.19	3.88	18.2	14.12
Total Current Assets	96.13	88.09	256.64	160.75	100.97	33.49
Property, Plant & Equipment	31.58	29.81	35.55	34.65	24.71	5.34
Long-Term Investments	1.8	0.28	1.92	1.78	0.1	0.43
Goodwill	69.69	63.33	63.33	48.38	32.11	6.7
Other Intangible Assets	153.61	139.63	5.71	2.63	1.92	0.04
Long-Term Deferred Tax Assets	9.91	10.3	4.12	5.05	1.3	2.14
Other Long-Term Assets	-	-	0.21	1.14	1.45	3.54
Total Assets	362.72	331.43	367.48	254.4	162.56	51.68
Accounts Payable	70.12	70.82	21.49	9.25	0.69	0.47
Accrued Expenses	54.37	32.55	39.37	10.76	10.77	4.71
Short-Term Debt	-	-	0.08	0.1	0.21	0.02
Current Portion of Leases	-	-	-	-	0.65	0.46
Current Income Taxes Payable	-	20.8	3.78	-	-	-
Current Unearned Revenue	14.18	3.41	14.77	59.37	0.57	0.08
Other Current Liabilities	17.72	18.76	35.47	69.21	65.58	35.04
Total Current Liabilities	156.4	146.34	114.95	148.68	78.47	40.78
Long-Term Leases	-	-	-	-	-	0.39
Pension & Post-Retirement Benefits	0.27	0.76	4.53	4.26	3.32	0.71
Total Liabilities	156.66	147.1	119.48	152.95	81.79	41.88
Common Stock	20.99	20.99	20.99	20.99	20.99	20.99
Additional Paid-In Capital	7.69	6.99	6.99	5.34	2.24	2.24
Retained Earnings	-173.95	-160.72	-97.28	-161.55	-98.83	-13.07
Comprehensive Income & Other	351.58	317.27	317.05	236.43	157.03	-0.07
Total Common Equity	206.31	184.52	247.75	101.2	81.43	10.1
Minority Interest	-0.25	-0.18	0.25	0.25	-0.66	-0.3
Shareholders' Equity	206.06	184.34	248	101.45	80.77	9.79
Total Liabilities & Equity	362.72	331.43	367.48	254.4	162.56	51.68
Total Debt	-	-	0.08	0.1	0.86	0.87
Net Cash (Debt)	0.09	0.09	1.63	1.53	0.21	1.06
Net Cash Growth	-95.59%	-94.48%	6.34%	634.62%	-80.29%	46.14%
Net Cash Per Share	0.00	0.00	0.08	0.07	0.01	0.05
Filing Date Shares Outstanding	20.99	20.99	20.99	20.99	20.99	20.99
Total Common Shares Outstanding	20.99	20.99	20.99	20.99	20.99	20.99
Working Capital	-60.27	-58.25	141.69	12.07	22.5	-7.28
Book Value Per Share	9.83	8.79	11.80	4.82	3.88	0.48
Tangible Book Value	-17	-18.44	178.7	50.19	47.4	3.35
Tangible Book Value Per Share	-0.81	-0.88	8.51	2.39	2.26	0.16
Machinery	34.85	31.67	33.23	35.54	26.36	3.28
Construction In Progress	-	-	-	-	-	1.89
Leasehold Improvements	28.07	25.51	25.51	16.54	10.97	1.29