Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey flag Turkey · Delayed Price · Currency is TRY
11.77
-0.08 (-0.68%)
At close: Nov 13, 2026

IST:MERIT Financials Overview

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
355.27324.83197149.41112.611.37
Revenue Growth
19.52%64.89%31.86%32.68%890.58%135.82%
Gross Profit
342.98312.42184.46124.5874.669.94
Operating Income
227.57181.2197.5575.6146.815.23
Net Income
431.32754.96467.9121.6615.553.9
Earnings Per Share
-2.241.390.360.050.03
EPS Growth
-61.15%284.59%682.10%61.50%-64.11%

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash (Debt)
13.186.51.582.692.270.05
Net Cash Growth
461.06%312.46%-41.34%18.20%4872.62%14.81%
Net Cash Per Share
-0.020.000.010.010.00
Cash & Investments
13.186.51.582.692.270.05

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
209.74238.8769.859.210.713.03
Capital Expenditures
-0.3-0.3----
Free Cash Flow
209.44238.5669.859.210.713.03
Free Cash Flow Growth
510.12%241.80%17.89%453.43%-17.89%240374.38%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
96.54%96.18%93.64%83.38%66.31%87.45%
Operating Margin
64.05%55.78%49.52%50.61%41.57%45.98%
Pretax Margin
136.33%247.48%60.98%45.14%36.37%45.97%
Profit Margin
121.41%232.41%237.51%81.43%13.81%34.29%
FCF Margin
58.95%73.44%35.43%39.63%9.50%114.62%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
1.0001.0000.1400.0830.083
Dividend Per Share Growth
0%614.29%68.07%0%-
Dividend Yield
8.50%5.59%0.89%1.50%2.41%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.197.9811.3515.3974.91220.17
P/FCF Ratio
18.9225.2676.0531.63108.9265.88
PS Ratio
11.1518.5526.9512.5310.3575.51