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

Turkey · Delayed Price · Currency is TRY

7.01

-0.07 (-0.99%)

At close: Mar 27, 2026

IST:SMRTG Income Statement

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
Revenue	10,581	15,285	11,685	3,973	846.11
Revenue Growth (YoY)	-30.78%	30.81%	194.09%	369.59%	45.96%
Cost of Revenue	8,044	12,308	9,018	3,367	711.57
Gross Profit	2,537	2,977	2,667	606.34	134.55
Selling, General & Admin	881.3	1,034	728.88	186.03	44.45
Research & Development	48.26	-	-	-	-
Other Operating Expenses	-34.06	2.48	54.22	-1.1	-21.08
Operating Expenses	915.57	1,054	803.52	198.89	29.66
Operating Income	1,622	1,923	1,864	407.45	104.89
Interest Expense	-2,317	-2,131	-598.72	-69.66	-60.4
Interest & Investment Income	706.54	193.53	341.49	35.49	73.86
Earnings From Equity Investments	-0.03	-	-	-	-
Currency Exchange Gain (Loss)	-751.68	-926.62	4.75	22.28	-18.8
Other Non Operating Income (Expenses)	950.59	547.02	-224.15	-282.88	-3.1
EBT Excluding Unusual Items	210.26	-394.05	1,387	112.67	96.45
Asset Writedown	-54.62	-	-	-	-
Pretax Income	155.64	-394.05	1,387	112.67	96.45
Income Tax Expense	601.22	-962.07	-110.87	42.83	12.11
Earnings From Continuing Operations	-445.58	568.01	1,498	69.84	84.35
Minority Interest in Earnings	10.87	9.39	-20.84	18.88	-4.34
Net Income	-434.72	577.4	1,477	88.72	80.01
Net Income to Common	-434.72	577.4	1,477	88.72	80.01
Net Income Growth	-	-60.91%	1564.82%	10.88%	45.65%
Shares Outstanding (Basic)	1,818	1,818	1,221	1,410	1,515
Shares Outstanding (Diluted)	1,818	1,818	1,221	1,410	1,515
Shares Change (YoY)	-	48.84%	-13.38%	-6.93%	-
EPS (Basic)	-0.24	0.32	1.21	0.06	0.05
EPS (Diluted)	-0.24	0.32	1.21	0.06	0.05
EPS Growth	-	-73.73%	1821.97%	19.14%	45.65%
Free Cash Flow	-919.38	-1,588	-4,541	-493.62	-76.42
Free Cash Flow Per Share	-0.51	-0.87	-3.72	-0.35	-0.05
Gross Margin	23.98%	19.48%	22.82%	15.26%	15.90%
Operating Margin	15.33%	12.58%	15.95%	10.26%	12.40%
Profit Margin	-4.11%	3.78%	12.64%	2.23%	9.46%
Free Cash Flow Margin	-8.69%	-10.39%	-38.86%	-12.42%	-9.03%
EBITDA	2,176	2,147	1,986	440.49	111.93
EBITDA Margin	20.56%	14.05%	16.99%	11.09%	13.23%
D&A For EBITDA	554.14	224.1	122.27	33.04	7.03
EBIT	1,622	1,923	1,864	407.45	104.89
EBIT Margin	15.33%	12.58%	15.95%	10.26%	12.40%
Effective Tax Rate	386.29%	-	-	38.02%	12.55%
Advertising Expenses	21.72	77.13	59.69	17.59	2.15

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.