Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)

IST:MERIT Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4.05	6.5	1.58	2.69	2.27	0.05
Cash & Short-Term Investments	4.05	6.5	1.58	2.69	2.27	0.05
Cash Growth	-97.60%	312.46%	-41.34%	18.20%	4872.62%	14.81%
Accounts Receivable	26.59	75.62	46.61	70.52	26	7.46
Other Receivables	105.18	43.43	6.56	-	7.14	-
Receivables	131.77	119.05	53.17	70.52	33.14	7.46
Prepaid Expenses	28.17	30.74	15.6	8.29	5.56	0.48
Other Current Assets	17.71	10.21	2.85	-	-	0.01
Total Current Assets	181.7	166.5	73.19	81.5	40.97	8
Property, Plant & Equipment	0.31	0.29	-	-	-	-
Long-Term Investments	20,301	17,174	12,749	6,221	2,616	947.39
Long-Term Deferred Tax Assets	2.06	1.94	1.18	1.8	1.15	0.22
Other Long-Term Assets	0.7	1.33	11.05	9.8	7.57	1.37
Total Assets	20,486	17,344	12,834	6,314	2,666	956.97

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	9.7	0.2	0.31	0.55	2.58	0.09
Accrued Expenses	4.56	1.6	1.62	0.69	0.51	3.43
Current Income Taxes Payable	9.88	49.07	20.55	14.89	10.98	1.32
Other Current Liabilities	6.15	2.07	1.51	32.63	0.13	-
Total Current Liabilities	30.29	52.95	24.01	48.76	14.22	4.84
Pension & Post-Retirement Benefits	-	6.69	5.38	2.66	3.21	0.92
Long-Term Deferred Tax Liabilities	5.81	4.16	0.19	282.19	137.36	34.68
Total Liabilities	44.11	63.8	29.57	333.61	154.78	40.44

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	336.6	336.6	336.6	28.05	28.05	28.05
Additional Paid-In Capital	996.19	845.96	845.96	954.86	661.35	194.48
Retained Earnings	8,368	7,027	5,001	256.8	133.71	30.02
Comprehensive Income & Other	10,741	9,071	6,621	4,741	1,688	663.99
Total Common Equity	20,442	17,281	12,805	5,981	2,511	916.53
Minority Interest	0	0	0	0	0	-
Shareholders' Equity	20,442	17,281	12,805	5,981	2,511	916.53
Total Liabilities & Equity	20,486	17,344	12,834	6,314	2,666	956.97

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash (Debt)	4.05	6.5	1.58	2.69	2.27	0.05
Net Cash Growth	-97.60%	312.46%	-41.34%	18.20%	4872.62%	14.81%
Net Cash Per Share	-	0.02	0.00	0.01	0.01	0.00
Filing Date Shares Outstanding	-	336.6	336.6	336.6	336.6	336.6
Total Common Shares Outstanding	-	336.6	336.6	336.6	336.6	336.6
Working Capital	151.4	113.55	49.19	32.73	26.76	3.15
Book Value Per Share	-	51.34	38.04	17.77	7.46	2.72
Tangible Book Value	20,442	17,281	12,805	5,981	2,511	916.53
Tangible Book Value Per Share	-	51.34	38.04	17.77	7.46	2.72
Machinery	-	0.3	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error