Papilon Savunma Teknoloji ve Ticaret A.S. (IST:PAPIL)

IST:PAPIL 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	3.79	21.69	37.21	77.58	93.8	86.41
Trading Asset Securities	59.27	283.93	223.97	211.94	83.93	-
Cash & Short-Term Investments	63.06	305.62	261.19	289.52	177.73	86.41
Cash Growth	-67.33%	17.01%	-9.79%	62.90%	105.68%	19.00%
Accounts Receivable	3.26	15.96	174.9	12.4	25.39	11.26
Other Receivables	0.03	15.44	6.73	0	0.02	0.52
Receivables	3.29	31.39	181.63	12.4	25.41	11.79
Inventory	251.65	123.86	27.48	75.89	33.39	11.05
Prepaid Expenses	0.64	10.93	1.5	2.43	0.63	1.04
Other Current Assets	31.18	22.21	10.31	13.74	9.83	2.54
Total Current Assets	349.83	494.01	482.1	393.98	247	112.83
Property, Plant & Equipment	27.87	30.58	9.69	9.44	3.87	1.52
Other Intangible Assets	0.76	0.73	0.04	0.06	0.05	0.08
Long-Term Deferred Tax Assets	21.43	-	-	-	-	1.78
Long-Term Deferred Charges	241.15	187.91	147.25	91.96	38.33	8.5
Other Long-Term Assets	-	0.08	0.02	-	-	-
Total Assets	641.04	713.31	639.1	495.43	289.25	124.7

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	115.3	44.9	13.97	1.07	3.48	0.48
Accrued Expenses	19.63	3.46	1.69	6.25	4.74	1.95
Short-Term Debt	113.6	134.77	-	-	-	-
Current Portion of Leases	12.98	5.13	3.34	2.79	0.93	1.01
Current Income Taxes Payable	2.66	0.12	5.6	1.41	2.26	4.75
Current Unearned Revenue	2.12	0.14	3.94	7.74	0	0.52
Other Current Liabilities	6	6.28	5.04	1.39	1.15	0.21
Total Current Liabilities	279.21	194.8	33.58	20.65	12.56	8.93
Long-Term Leases	1.23	11.75	3.42	2.28	0.17	0.41
Pension & Post-Retirement Benefits	6.07	5.52	4.23	3.54	2.55	0.96
Long-Term Deferred Tax Liabilities	-	5.88	13.84	7.22	3.31	-
Total Liabilities	296.68	217.95	55.07	33.69	18.59	10.29

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	206.25	206.25	206.25	34.38	34.38	34.38
Additional Paid-In Capital	30.33	25.76	25.76	96.91	67.12	15.9
Retained Earnings	-176.28	54.33	143.6	133.54	43.13	64.1
Treasury Stock	-2.09	-1.77	-1.77	-7.21	-3.92	-
Comprehensive Income & Other	286.14	210.8	210.2	204.12	129.95	0.04
Shareholders' Equity	344.36	495.36	584.04	461.74	270.66	114.41
Total Liabilities & Equity	641.04	713.31	639.1	495.43	289.25	124.7

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	144.9	151.65	6.76	5.07	1.1	1.42
Net Cash (Debt)	-81.84	153.97	254.42	284.45	176.63	84.99
Net Cash Growth	-	-39.48%	-10.56%	61.04%	107.82%	19.63%
Net Cash Per Share	-0.40	0.75	1.23	1.38	0.86	0.41
Filing Date Shares Outstanding	206.14	206.14	206.14	204.97	205.25	206.25
Total Common Shares Outstanding	206.14	206.14	206.14	204.97	205.25	206.25
Working Capital	70.62	299.21	448.52	373.33	234.43	103.9
Book Value Per Share	1.67	2.40	2.83	2.25	1.32	0.55
Tangible Book Value	343.6	494.63	584	461.68	270.61	114.32
Tangible Book Value Per Share	1.67	2.40	2.83	2.25	1.32	0.55
Machinery	-	24.98	19.54	13.93	8.5	1.58
Leasehold Improvements	-	5.02	1.24	0.94	0.65	-

Data Source: S&P Global Market Intelligence Last updated: Aug 19, 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 25, 2026

Data Sources Report a data error