Netas Telekomünikasyon A.S. (IST:NETAS)

Turkey · Delayed Price · Currency is TRY

97.05

-3.35 (-3.34%)

Last updated: Sep 10, 2026, 5:59 PM GMT+3

IST:NETAS 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	15,094	12,030	9,175	6,958	4,012	2,296
Revenue Growth	39.63%	31.11%	31.86%	73.46%	74.69%	32.49%
Gross Profit	1,264	811.42	649.71	603.31	387.33	-164.92
Operating Income	450.08	63.49	-49.76	112.27	50.8	-413.91
Net Income	-133.91	-349.94	-280.54	99.67	-30.57	-668.21
Earnings Per Share	-2.06	-5.39	-4.33	1.54	-0.47	-10.30
EPS Growth	-	-	-	-	-	-

Revenue by Segment

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
Telecom	7,704	5,435	3,340	2,162	1,259	748.67
System Integration	6,001	5,419	4,793	4,081	2,348	1,301
BDH	1,390	1,176	1,042	715.29	404.51	220.84
Total	15,094	12,030	9,175	6,958	4,012	2,296

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	644.91	357.02	481.55	90.11	220.13	541.97
Total Debt	3,300	2,962	2,268	1,582	1,354	1,258
Net Cash (Debt)	-2,655	-2,605	-1,786	-1,492	-1,134	-715.77
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-40.94	-40.16	-27.53	-23.01	-17.48	-11.03

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	655.73	-84.04	544.64	433.18	-75.74	-162.78
Capital Expenditures	-14.13	-9.2	-21.13	-7.45	-9.61	-25.28
Free Cash Flow	641.6	-93.24	523.51	425.73	-85.36	-188.06
Free Cash Flow Growth	-	-	22.97%	-	-	-

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	8.37%	6.74%	7.08%	8.67%	9.65%	-7.18%
Operating Margin	2.98%	0.53%	-0.54%	1.61%	1.27%	-18.02%
Pretax Margin	0.03%	-2.51%	-3.16%	-0.84%	-2.08%	-27.28%
Profit Margin	-0.89%	-2.91%	-3.06%	1.43%	-0.76%	-29.10%
FCF Margin	4.25%	-0.78%	5.71%	6.12%	-2.13%	-8.19%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 12, 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	-	-	-	26.85	-	-
Forward PE	-	68.70	68.70	68.70	68.70	68.70
P/FCF Ratio	9.59	-	8.18	6.29	-	-
PS Ratio	0.41	0.31	0.47	0.39	0.68	0.48