Netas Telekomünikasyon A.S. (IST:NETAS)

IST:NETAS 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	644.91	357.02	481.55	90.11	220.13	541.97
Cash & Short-Term Investments	644.91	357.02	481.55	90.11	220.13	541.97
Cash Growth	61.34%	-25.86%	434.39%	-59.06%	-59.38%	77.20%
Accounts Receivable	7,714	5,363	4,188	3,278	2,392	1,921
Other Receivables	76.79	77.69	70.83	70.64	42.12	2.57
Receivables	7,791	5,441	4,258	3,349	2,434	1,923
Inventory	734.08	793.38	607.52	420.37	465.51	392.46
Prepaid Expenses	91.83	60.86	63.35	36.2	29.56	23.91
Other Current Assets	165.69	112.3	57.64	72	47.79	67.28
Total Current Assets	9,427	6,764	5,468	3,967	3,197	2,949
Property, Plant & Equipment	601.95	572.42	510.52	341.11	192.82	175.31
Long-Term Investments	220.37	57.9	47.67	39.34	25.36	26.55
Goodwill	853.63	785.28	646.62	539.55	342.7	244.3
Other Intangible Assets	134.5	135.58	138.68	143.77	116.2	102.27
Long-Term Deferred Tax Assets	1,076	1,050	871.09	700.72	306.06	169.54
Other Long-Term Assets	-	2.18	1.18	-	-	-
Total Assets	12,314	9,368	7,684	5,732	4,180	3,667

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	7,340	5,123	3,714	2,656	1,981	1,599
Accrued Expenses	197.29	406.26	361.54	365.94	186.14	134.19
Short-Term Debt	2,310	1,929	1,793	1,298	1,132	1,116
Current Portion of Long-Term Debt	-	-	-	-	61.22	12.92
Current Portion of Leases	182.39	170.58	146.96	128.27	96.09	67.94
Current Income Taxes Payable	21.05	14.93	4.32	22.46	4.69	-
Current Unearned Revenue	1,270	936.53	1,120	648.27	451.69	356.83
Other Current Liabilities	145.24	35.58	41.65	113.19	101.01	220.89
Total Current Liabilities	11,467	8,615	7,182	5,232	4,013	3,508
Long-Term Debt	498.84	556.11	76.37	-	-	13.82
Long-Term Leases	309.47	306.16	251.28	156.3	65.41	47.1
Pension & Post-Retirement Benefits	174.18	168.42	157.11	121.21	83.84	47.53
Long-Term Deferred Tax Liabilities	-	-	-	-	-	14.92
Total Liabilities	12,449	9,646	7,667	5,509	4,162	3,632

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	64.86	64.86	64.86	64.86	64.86	64.86
Retained Earnings	-1,065	-1,172	-821.8	-541.25	-640.92	-610.36
Comprehensive Income & Other	835.85	805.55	760.48	694.08	589.46	582.42
Total Common Equity	-164.02	-301.32	3.55	217.69	13.4	36.92
Minority Interest	28.65	23.01	13.62	5.07	4.29	-1.52
Shareholders' Equity	-135.37	-278.31	17.17	222.76	17.69	35.41
Total Liabilities & Equity	12,314	9,368	7,684	5,732	4,180	3,667

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
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
Filing Date Shares Outstanding	64.86	64.86	64.86	64.86	64.86	64.86
Total Common Shares Outstanding	64.86	64.86	64.86	64.86	64.86	64.86
Working Capital	-2,039	-1,851	-1,714	-1,264	-816.2	-559.18
Book Value Per Share	-2.53	-4.65	0.05	3.36	0.21	0.57
Tangible Book Value	-1,152	-1,222	-781.75	-465.62	-445.51	-309.64
Tangible Book Value Per Share	-17.76	-18.84	-12.05	-7.18	-6.87	-4.77
Machinery	1,582	1,434	1,164	996.05	682.74	529.12
Leasehold Improvements	507.85	459.31	371.83	298.82	177.75	132.46

Data Source: S&P Global Market Intelligence Last updated: Aug 14, 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 8, 2026

Data Sources Report a data error