Smartiks Yazilim A.S. (IST:SMART)
Turkey · Delayed Price · Currency is TRY 16.52
+0.51 (3.19%)
At close: Nov 13, 2026
Smartiks Yazilim A.S. Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 41.4 | -20.4 | 16.12 | 64.94 | -45.13 | 3.81 |
Depreciation & Amortization | -42.87 | -65.74 | 11.46 | 8.09 | 2.57 | 1.38 |
Other Amortization | 156.61 | 181.15 | 112.01 | 98.42 | 67.57 | 14.63 |
Asset Writedown & Restructuring Costs | 2.49 | - | - | - | 9.29 | 2.03 |
Loss (Gain) From Sale of Investments | -0.07 | -0.06 | -0.06 | -0.03 | - | - |
Provision & Write-off of Bad Debts | -0.32 | -0.19 | 1.29 | -1.39 | - | 3.81 |
Other Operating Activities | 23.41 | 30.99 | 62.99 | -21.45 | 64.8 | -1.73 |
Change in Accounts Receivable | 125.04 | 21.02 | 18.9 | -52.79 | -26.66 | -3.27 |
Change in Inventory | -0.56 | 9.79 | -9.82 | 0.17 | -0.17 | 0.34 |
Change in Accounts Payable | 467.41 | 66.77 | 2.48 | 11.16 | 5.09 | 2.39 |
Change in Unearned Revenue | 46.98 | 0 | -0.2 | -0.04 | -7.57 | -0.87 |
Change in Other Net Operating Assets | -454.7 | -23.6 | -9.68 | -0.95 | -22.25 | 2.2 |
Operating Cash Flow | 364.81 | 199.73 | 205.5 | 106.13 | 47.53 | 24.71 |
Operating Cash Flow Growth | 88.11% | -2.81% | 93.63% | 123.28% | 92.33% | 37.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -0.3 | -0.36 | -1.12 | -0.96 | -1.75 | -0.62 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 0.05 |
Sale (Purchase) of Intangibles | -330.79 | -181.15 | -184.68 | -104.25 | -47.08 | -23.34 |
Other Investing Activities | 0.16 | 0.2 | 0.37 | 0.23 | - | - |
Investing Cash Flow | -330.92 | -181.31 | -185.43 | -104.98 | -48.83 | -23.91 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 41.39 | 26.71 | 20.43 | - | 6.92 |
Long-Term Debt Repaid | - | -10.59 | -6.58 | -18.19 | -15.97 | -6.23 |
Lease Payments | -8.05 | -10.59 | -6.58 | -18.19 | -10.45 | -2 |
Net Debt Issued (Repaid) | 23.5 | 30.8 | 20.13 | 2.23 | -15.97 | 0.68 |
Other Financing Activities | -54.68 | -41.74 | -42.01 | -8.45 | - | -0.72 |
Financing Cash Flow | -31.18 | -10.93 | -21.88 | -6.22 | -15.97 | -0.04 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | 2.21 | 0.3 | 0.99 | 1.57 | 8.05 | - |
Net Cash Flow | 4.92 | 7.79 | -0.83 | -3.5 | -9.22 | 0.76 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 364.52 | 199.38 | 204.38 | 105.17 | 45.78 | 24.09 |
Free Cash Flow Growth | 88.13% | -2.45% | 94.33% | 129.73% | 90.04% | 35.16% |
Free Cash Flow Margin | 143.11% | 99.63% | 77.02% | 43.46% | 42.70% | 66.25% |
Free Cash Flow Per Share | - | 6.26 | 6.41 | 3.30 | 1.44 | 0.76 |
Levered Free Cash Flow | -21.23 | -1.83 | -51.41 | -12.46 | -1.92 | -6.36 |
Unlevered Free Cash Flow | 15.17 | 24.26 | -25.15 | -7.17 | 0.65 | -5.48 |
Free Cash Flow After Leases | 356.46 | 188.79 | 197.79 | 86.98 | 35.33 | 22.09 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 Interest Paid | 3.74 | 41.74 | 42.01 | 8.45 | - | 1.4 |
Cash Income Tax Paid | 0.01 | 0.01 | 0.01 | - | - | - |
Change in Working Capital | 184.17 | 73.98 | 1.68 | -42.45 | -51.57 | 0.79 |