Smartiks Yazilim A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	9.08	0.98	1.61	3.54	5.23
Short-Term Investments	-	0.41	1.27	0.39	-
Cash & Short-Term Investments	9.08	1.39	2.88	3.93	5.23
Cash Growth	553.55%	-51.75%	-26.77%	-24.84%	17.07%
Accounts Receivable	30.74	46.68	98.14	49.46	20.23
Other Receivables	-	21.95	18.81	2.58	0.24
Receivables	30.74	68.63	116.95	52.05	20.48
Inventory	-	9.82	-	0.17	-
Prepaid Expenses	-	2.69	10.45	1.93	0.99
Other Current Assets	39.18	1.5	1.37	6.12	0.12
Total Current Assets	78.99	84.03	131.65	64.2	26.82
Property, Plant & Equipment	548.65	28.84	26.4	9.34	3.54
Long-Term Investments	-	2.36	-	-	-
Goodwill	-	52.84	52.84	36.6	10.29
Other Intangible Assets	-	0.09	0.11	0.07	50.21
Long-Term Deferred Tax Assets	-	-	-	-	2.42
Long-Term Deferred Charges	-	279.43	223.91	137.51	-
Other Long-Term Assets	-	-	-	-0	0.01
Total Assets	627.64	447.58	434.91	247.71	93.29
Accounts Payable	-	20.68	26.27	15.11	3.42
Accrued Expenses	-	14.56	20.92	7.75	5.69
Short-Term Debt	-	45.23	31.57	18.82	4.7
Current Portion of Long-Term Debt	-	5.73	3.4	2.66	1.64
Current Portion of Leases	-	7.46	4.2	2.25	1.37
Current Income Taxes Payable	-	1.37	5.48	0.64	-
Current Unearned Revenue	-	-	0.29	0.34	2.5
Other Current Liabilities	197.18	1.25	3.98	5.3	0.15
Total Current Liabilities	197.18	96.29	96.14	52.88	19.47
Long-Term Debt	-	-	-	1.79	0.42
Long-Term Leases	-	3.82	1.79	1.9	1.94
Long-Term Unearned Revenue	-	-	-	-	0.45
Pension & Post-Retirement Benefits	-	1.24	3.98	4.87	2.11
Other Long-Term Liabilities	3.47	-	-	-0	-
Total Liabilities	200.65	101.35	101.9	61.43	24.39
Common Stock	426.99	31.86	31.86	31.86	31.86
Additional Paid-In Capital	-	101.88	101.88	70.56	15.79
Retained Earnings	-	-9.29	-21.61	-59.94	21.52
Comprehensive Income & Other	-	221.78	220.87	143.79	-0.27
Shareholders' Equity	426.99	346.23	333.01	186.28	68.9
Total Liabilities & Equity	627.64	447.58	434.91	247.71	93.29
Total Debt	-	62.25	40.96	27.42	10.07
Net Cash (Debt)	9.08	-60.86	-38.09	-23.49	-4.84
Net Cash Per Share	0.28	-1.91	-1.20	-0.74	-0.15
Filing Date Shares Outstanding	31.86	31.86	31.86	31.86	31.86
Total Common Shares Outstanding	31.86	31.86	31.86	31.86	31.86
Working Capital	-118.19	-12.26	35.52	11.32	7.36
Book Value Per Share	13.40	10.87	10.45	5.85	2.16
Tangible Book Value	426.99	293.3	280.06	149.61	8.4
Tangible Book Value Per Share	13.40	9.21	8.79	4.70	0.26
Machinery	-	20.19	19.34	12.73	1.79
Leasehold Improvements	-	-	-	-	0.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.