Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret A.S. (IST:SMRTG)

Turkey · Delayed Price · Currency is TRY

27.44

+0.92 (3.47%)

Last updated: Sep 15, 2025, 1:36 PM GMT+3

IST:SMRTG Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	10,229	11,678	11,685	3,973	846.11	579.7	Upgrade
Revenue Growth (YoY)	-23.92%	-0.06%	194.09%	369.59%	45.96%	44.28%	Upgrade
Cost of Revenue	8,336	9,403	9,018	3,367	711.57	459.36	Upgrade
Gross Profit	1,893	2,274	2,667	606.34	134.55	120.34	Upgrade
Selling, General & Admin	701.87	789.84	728.88	186.03	44.45	25.53	Upgrade
Other Operating Expenses	31.63	1.9	54.22	-1.1	-21.08	29.36	Upgrade
Operating Expenses	750.96	805.23	803.52	198.89	29.66	54.9	Upgrade
Operating Income	1,142	1,469	1,864	407.45	104.89	65.44	Upgrade
Interest Expense	-1,845	-1,628	-598.72	-69.66	-60.4	-38.88	Upgrade
Interest & Investment Income	182.79	147.85	341.49	35.49	73.86	49.89	Upgrade
Currency Exchange Gain (Loss)	-1,199	-707.93	4.75	22.28	-18.8	-17.57	Upgrade
Other Non Operating Income (Expenses)	838.67	417.92	-224.15	-282.88	-3.1	-	Upgrade
Pretax Income	-880.6	-301.05	1,387	112.67	96.45	58.88	Upgrade
Income Tax Expense	-617.09	-735.01	-110.87	42.83	12.11	1.14	Upgrade
Earnings From Continuing Operations	-263.51	433.95	1,498	69.84	84.35	57.74	Upgrade
Minority Interest in Earnings	7.24	7.18	-20.84	18.88	-4.34	-2.81	Upgrade
Net Income	-256.27	441.13	1,477	88.72	80.01	54.93	Upgrade
Net Income to Common	-256.27	441.13	1,477	88.72	80.01	54.93	Upgrade
Net Income Growth	-	-70.13%	1564.82%	10.88%	45.65%	427.93%	Upgrade
Shares Outstanding (Basic)	606	606	407	470	505	505	Upgrade
Shares Outstanding (Diluted)	606	606	407	470	505	505	Upgrade
Shares Change (YoY)	12.21%	48.84%	-13.38%	-6.93%	-	-	Upgrade
EPS (Basic)	-0.42	0.73	3.63	0.19	0.16	0.11	Upgrade
EPS (Diluted)	-0.42	0.73	3.63	0.19	0.16	0.11	Upgrade
EPS Growth	-	-79.93%	1821.96%	19.14%	45.65%	-	Upgrade
Free Cash Flow	-1,410	-1,213	-4,541	-493.62	-76.42	-7.49	Upgrade
Free Cash Flow Per Share	-2.33	-2.00	-11.15	-1.05	-0.15	-0.01	Upgrade
Gross Margin	18.51%	19.48%	22.82%	15.26%	15.90%	20.76%	Upgrade
Operating Margin	11.17%	12.58%	15.95%	10.26%	12.40%	11.29%	Upgrade
Profit Margin	-2.50%	3.78%	12.64%	2.23%	9.46%	9.48%	Upgrade
Free Cash Flow Margin	-13.78%	-10.39%	-38.86%	-12.42%	-9.03%	-1.29%	Upgrade
EBITDA	1,448	1,640	1,986	440.49	111.93	72.7	Upgrade
EBITDA Margin	14.15%	14.05%	16.99%	11.09%	13.23%	12.54%	Upgrade
D&A For EBITDA	305.19	171.21	122.27	33.04	7.03	7.26	Upgrade
EBIT	1,142	1,469	1,864	407.45	104.89	65.44	Upgrade
EBIT Margin	11.17%	12.58%	15.95%	10.26%	12.40%	11.29%	Upgrade
Effective Tax Rate	-	-	-	38.02%	12.55%	1.93%	Upgrade
Advertising Expenses	-	58.93	59.69	17.59	2.15	0.85	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.