Smartiks Yazilim A.S. (IST:SMART)

Smartiks Yazilim A.S. 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	0.84	9.08	1.28	1.61	3.54	5.23
Short-Term Investments	0.58	0.67	0.54	1.27	0.39	-
Cash & Short-Term Investments	1.42	9.75	1.82	2.88	3.93	5.23
Cash Growth	-68.99%	436.41%	-36.85%	-26.77%	-24.84%	17.07%
Accounts Receivable	71.57	30.74	67.49	98.14	49.46	20.23
Other Receivables	0.43	25.05	22.37	18.81	2.58	0.24
Receivables	72	55.79	89.86	116.95	52.05	20.48
Inventory	3.62	0.02	12.85	-	0.17	-
Prepaid Expenses	8.89	10.5	3.49	10.45	1.93	0.99
Other Current Assets	1.06	2.93	1.97	1.37	6.12	0.12
Total Current Assets	86.98	78.99	109.98	131.65	64.2	26.82
Property, Plant & Equipment	34.94	32.72	37.75	26.4	9.34	3.54
Long-Term Investments	5.98	4.93	3.08	-	-	-
Goodwill	81.44	69.16	69.16	52.84	36.6	10.29
Other Intangible Assets	767.3	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	976.64	627.64	585.85	434.91	247.71	93.29

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	314.41	87.45	27.06	26.27	15.11	3.42
Accrued Expenses	20.58	10.1	19.06	20.92	7.75	5.69
Short-Term Debt	118.61	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	2.31	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	-	0.29	0.34	2.5
Other Current Liabilities	5.95	2.64	1.64	3.98	5.3	0.15
Total Current Liabilities	461.86	197.18	126.04	96.14	52.88	19.47
Long-Term Debt	-	-	-	-	1.79	0.42
Long-Term Leases	0.76	1.29	5	1.79	1.9	1.94
Long-Term Unearned Revenue	-	-	-	-	-	0.45
Pension & Post-Retirement Benefits	1.88	2.18	1.62	3.98	4.87	2.11
Other Long-Term Liabilities	-	-	-	-	-0	-
Total Liabilities	464.51	200.65	132.66	101.9	61.43	24.39

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	31.86	31.86	31.86	31.86	31.86	31.86
Additional Paid-In Capital	157.03	133.35	133.35	101.88	70.56	15.79
Retained Earnings	-29.13	-32.56	-12.16	-21.61	-59.94	21.52
Comprehensive Income & Other	352.38	294.33	300.14	220.87	143.79	-0.27
Shareholders' Equity	512.14	426.99	453.19	333.01	186.28	68.9
Total Liabilities & Equity	976.64	627.64	585.85	434.91	247.71	93.29

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	121.69	97.2	81.48	40.96	27.42	10.07
Net Cash (Debt)	-120.27	-87.45	-79.66	-38.09	-23.49	-4.84
Net Cash Growth	-	-	-	-	-	-
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	-374.88	-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	-336.6	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

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 30, 2026

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