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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.76	9.08	1.28	1.61	3.54	5.23
Short-Term Investments	0.5	0.67	0.54	1.27	0.39	-
Cash & Short-Term Investments	8.26	9.75	1.82	2.88	3.93	5.23
Cash Growth	655.55%	436.41%	-36.85%	-26.77%	-24.84%	17.07%
Accounts Receivable	21.88	30.74	67.49	98.14	49.46	20.23
Other Receivables	1.35	25.05	22.37	18.81	2.58	0.24
Receivables	23.23	55.79	89.86	116.95	52.05	20.48
Inventory	5.62	0.02	12.85	-	0.17	-
Prepaid Expenses	445.52	10.5	3.49	10.45	1.93	0.99
Other Current Assets	0.96	2.93	1.97	1.37	6.12	0.12
Total Current Assets	483.59	78.99	109.98	131.65	64.2	26.82
Property, Plant & Equipment	37.56	32.72	37.75	26.4	9.34	3.54
Long-Term Investments	6.31	4.93	3.08	-	-	-
Goodwill	85.98	69.16	69.16	52.84	36.6	10.29
Other Intangible Assets	723.78	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	1,337	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	515.5	87.45	27.06	26.27	15.11	3.42
Accrued Expenses	19.22	10.1	19.06	20.92	7.75	5.69
Short-Term Debt	116.85	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	1.53	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	46.98	0	-	0.29	0.34	2.5
Other Current Liabilities	9.47	2.64	1.64	3.98	5.3	0.15
Total Current Liabilities	709.55	197.18	126.04	96.14	52.88	19.47
Long-Term Debt	-	-	-	-	1.79	0.42
Long-Term Leases	0.64	1.29	5	1.79	1.9	1.94
Long-Term Unearned Revenue	-	-	-	-	-	0.45
Pension & Post-Retirement Benefits	3.78	2.18	1.62	3.98	4.87	2.11
Other Long-Term Liabilities	-	-	-	-	-0	-
Total Liabilities	713.97	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	Sep 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	165.78	133.35	133.35	101.88	70.56	15.79
Retained Earnings	55.46	-32.56	-12.16	-21.61	-59.94	21.52
Comprehensive Income & Other	370.15	294.33	300.14	220.87	143.79	-0.27
Shareholders' Equity	623.25	426.99	453.19	333.01	186.28	68.9
Total Liabilities & Equity	1,337	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	119.03	97.2	81.48	40.96	27.42	10.07
Net Cash (Debt)	-110.77	-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	-225.96	-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	-186.5	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: Nov 9, 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:

Nov 12, 2026

Data Sources Report a data error