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	1.28	1.61	3.54	5.23
Short-Term Investments	0.67	0.54	1.27	0.39	-
Cash & Short-Term Investments	9.75	1.82	2.88	3.93	5.23
Cash Growth	436.41%	-36.85%	-26.77%	-24.84%	17.07%
Accounts Receivable	30.74	67.49	98.14	49.46	20.23
Other Receivables	25.05	22.37	18.81	2.58	0.24
Receivables	55.79	89.86	116.95	52.05	20.48
Inventory	0.02	12.85	-	0.17	-
Prepaid Expenses	10.5	3.49	10.45	1.93	0.99
Other Current Assets	2.93	1.97	1.37	6.12	0.12
Total Current Assets	78.99	109.98	131.65	64.2	26.82
Property, Plant & Equipment	32.72	37.75	26.4	9.34	3.54
Long-Term Investments	4.93	3.08	-	-	-
Goodwill	69.16	69.16	52.84	36.6	10.29
Other Intangible Assets	0.43	0.39	0.11	0.07	50.21
Long-Term Deferred Tax Assets	-	-	-	-	2.42
Long-Term Deferred Charges	441.4	365.48	223.91	137.51	-
Other Long-Term Assets	-	-	-	-0	0.01
Total Assets	627.64	585.85	434.91	247.71	93.29
Accounts Payable	87.45	27.06	26.27	15.11	3.42
Accrued Expenses	10.1	19.06	20.92	7.75	5.69
Short-Term Debt	90.15	59.21	31.57	18.82	4.7
Current Portion of Long-Term Debt	1.52	7.5	3.4	2.66	1.64
Current Portion of Leases	4.24	9.77	4.2	2.25	1.37
Current Income Taxes Payable	1.09	1.8	5.48	0.64	-
Current Unearned Revenue	0	-	0.29	0.34	2.5
Other Current Liabilities	2.64	1.64	3.98	5.3	0.15
Total Current Liabilities	197.18	126.04	96.14	52.88	19.47
Long-Term Debt	-	-	-	1.79	0.42
Long-Term Leases	1.29	5	1.79	1.9	1.94
Long-Term Unearned Revenue	-	-	-	-	0.45
Pension & Post-Retirement Benefits	2.18	1.62	3.98	4.87	2.11
Other Long-Term Liabilities	-	-	-	-0	-
Total Liabilities	200.65	132.66	101.9	61.43	24.39
Common Stock	31.86	31.86	31.86	31.86	31.86
Additional Paid-In Capital	133.35	133.35	101.88	70.56	15.79
Retained Earnings	-32.56	-12.16	-21.61	-59.94	21.52
Comprehensive Income & Other	294.33	300.14	220.87	143.79	-0.27
Shareholders' Equity	426.99	453.19	333.01	186.28	68.9
Total Liabilities & Equity	627.64	585.85	434.91	247.71	93.29
Total Debt	97.2	81.48	40.96	27.42	10.07
Net Cash (Debt)	-87.45	-79.66	-38.09	-23.49	-4.84
Net Cash Per Share	-2.74	-2.50	-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	-16.05	35.52	11.32	7.36
Book Value Per Share	13.40	14.22	10.45	5.85	2.16
Tangible Book Value	357.39	383.64	280.06	149.61	8.4
Tangible Book Value Per Share	11.22	12.04	8.79	4.70	0.26
Machinery	26.79	26.43	19.34	12.73	1.79
Leasehold Improvements	-	-	-	-	0.48

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