Netas Telekomünikasyon A.S. (IST:NETAS)

IST:NETAS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	399.73	481.55	90.11	220.13	541.97	305.86
Cash & Short-Term Investments	399.73	481.55	90.11	220.13	541.97	305.86
Cash Growth	66.40%	434.39%	-59.06%	-59.38%	77.20%	56.58%
Accounts Receivable	4,791	4,188	3,278	2,392	1,921	1,242
Other Receivables	79.66	70.83	70.64	42.12	2.57	34.22
Receivables	4,870	4,258	3,349	2,434	1,923	1,276
Inventory	697.84	607.52	420.37	465.51	392.46	189.85
Prepaid Expenses	94.92	63.35	36.2	29.56	23.91	15.27
Other Current Assets	79.68	57.64	72	47.79	67.28	19.81
Total Current Assets	6,142	5,468	3,967	3,197	2,949	1,807
Property, Plant & Equipment	527.12	510.52	341.11	192.82	175.31	155.19
Long-Term Investments	53.7	47.67	39.34	25.36	26.55	18.35
Goodwill	728.37	646.62	539.55	342.7	244.3	134.54
Other Intangible Assets	138.7	138.68	143.77	116.2	102.27	119.76
Long-Term Accounts Receivable	-	-	-	-	-	26.95
Long-Term Deferred Tax Assets	981.02	871.09	700.72	306.06	169.54	149.63
Other Long-Term Assets	-	1.18	-	-	-	-
Total Assets	8,571	7,684	5,732	4,180	3,667	2,411
Accounts Payable	4,386	3,714	2,656	1,981	1,599	886.42
Accrued Expenses	236.85	361.54	365.94	186.14	134.19	97.52
Short-Term Debt	1,932	1,793	1,298	1,132	1,116	348.37
Current Portion of Long-Term Debt	-	-	-	61.22	12.92	156.76
Current Portion of Leases	161.43	146.96	128.27	96.09	67.94	15.18
Current Income Taxes Payable	3.79	4.32	22.46	4.69	-	2.62
Current Unearned Revenue	949.77	1,120	648.27	451.69	356.83	184.71
Other Current Liabilities	134.16	41.65	113.19	101.01	220.89	8.92
Total Current Liabilities	7,804	7,182	5,232	4,013	3,508	1,700
Long-Term Debt	416.18	76.37	-	-	13.82	21.38
Long-Term Leases	267.92	251.28	156.3	65.41	47.1	44.23
Long-Term Deferred Tax Liabilities	-	-	-	-	14.92	18.71
Total Liabilities	8,635	7,667	5,509	4,162	3,632	1,825
Common Stock	64.86	64.86	64.86	64.86	64.86	64.86
Retained Earnings	-930.82	-821.8	-541.25	-640.92	-610.36	57.86
Comprehensive Income & Other	783.6	760.48	694.08	589.46	582.42	462.36
Total Common Equity	-82.36	3.55	217.69	13.4	36.92	585.08
Minority Interest	18.31	13.62	5.07	4.29	-1.52	0.7
Shareholders' Equity	-64.05	17.17	222.76	17.69	35.41	585.77
Total Liabilities & Equity	8,571	7,684	5,732	4,180	3,667	2,411
Total Debt	2,777	2,268	1,582	1,354	1,258	585.91
Net Cash (Debt)	-2,378	-1,786	-1,492	-1,134	-715.77	-280.05
Net Cash Per Share	-	-27.53	-23.01	-17.48	-11.03	-4.32
Filing Date Shares Outstanding	-	64.86	64.86	64.86	64.86	64.86
Total Common Shares Outstanding	-	64.86	64.86	64.86	64.86	64.86
Working Capital	-1,661	-1,714	-1,264	-816.2	-559.18	106.2
Book Value Per Share	-	0.05	3.36	0.21	0.57	9.02
Tangible Book Value	-949.43	-781.75	-465.62	-445.51	-309.64	330.78
Tangible Book Value Per Share	-	-12.05	-7.18	-6.87	-4.77	5.10
Machinery	-	1,164	996.05	682.74	529.12	303.31
Construction In Progress	-	-	-	-	-	32.03
Leasehold Improvements	-	371.83	298.82	177.75	132.46	86.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.