Masfen Enerji Anonim Sirketi (IST:MASFN)
Turkey flag Turkey · Delayed Price · Currency is TRY
36.00
-1.10 (-2.96%)
At close: Sep 15, 2026

IST:MASFN Financials Overview

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Revenue
5,1253,8584,3812,813
Revenue Growth
82.16%-11.94%55.73%-
Gross Profit
1,8551,6932,222988.05
Operating Income
1,8021,6352,162982.87
Net Income
2,3341,7902,255825.77
Earnings Per Share
4.673.584.511.65
EPS Growth
182.61%-20.63%173.03%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
EPC - Turkey
3,9752,7703,6112,371
EPC - Romania
-292.88--
Energy Production - Turkey
897.56890.02741.19526.48
Energy Production - Greece
53.3949.2445.1834.8
Eliminations
-94.63-143.79-15.85-119.33
Total
5,1253,8584,3812,813

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Cash & Investments
5,5664,4812,5411,311
Total Debt
578.96594.65433.91915.23
Net Cash (Debt)
4,9873,8872,107396.24
Net Cash Growth
1158.61%84.45%431.79%-
Net Cash Per Share
9.977.774.210.79

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Operating Cash Flow
953.69845.071,5341,646
Capital Expenditures
-147.83-228.53-42.54-96.48
Free Cash Flow
805.86616.541,4911,549
Free Cash Flow Growth
-47.98%-58.65%-3.75%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Gross Margin
36.20%43.88%50.71%35.12%
Operating Margin
35.16%42.37%49.36%34.94%
Pretax Margin
50.77%60.53%64.67%37.92%
Profit Margin
45.54%46.39%51.46%29.35%
FCF Margin
15.72%15.98%34.04%55.07%