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

Turkey · Delayed Price · Currency is TRY

11.75

-0.60 (-4.86%)

At close: May 26, 2026

IST:SMRTG Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	9,722	10,581	15,285	11,685	3,973	846.11
Revenue Growth (YoY)	-12.41%	-30.78%	30.81%	194.09%	369.59%	45.96%
Cost of Revenue	7,344	8,044	12,308	9,018	3,367	711.57
Gross Profit	2,378	2,537	2,977	2,667	606.34	134.55
Selling, General & Admin	873.04	881.3	1,034	728.88	186.03	44.45
Research & Development	79.88	48.26	-	-	-	-
Other Operating Expenses	-190.89	-34.06	2.48	54.22	-1.1	-21.08
Operating Expenses	779.49	915.57	1,054	803.52	198.89	29.66
Operating Income	1,598	1,622	1,923	1,864	407.45	104.89
Interest Expense	-2,106	-2,317	-2,131	-598.72	-69.66	-60.4
Interest & Investment Income	706.54	706.54	193.53	341.49	35.49	73.86
Earnings From Equity Investments	-0.03	-0.03	-	-	-	-
Currency Exchange Gain (Loss)	-751.68	-751.68	-926.62	4.75	22.28	-18.8
Other Non Operating Income (Expenses)	1,415	950.59	547.02	-224.15	-282.88	-3.1
EBT Excluding Unusual Items	862.79	210.26	-394.05	1,387	112.67	96.45
Asset Writedown	-54.62	-54.62	-	-	-	-
Pretax Income	808.17	155.64	-394.05	1,387	112.67	96.45
Income Tax Expense	835.15	601.22	-962.07	-110.87	42.83	12.11
Earnings From Continuing Operations	-26.98	-445.58	568.01	1,498	69.84	84.35
Minority Interest in Earnings	18.92	10.87	9.39	-20.84	18.88	-4.34
Net Income	-8.06	-434.72	577.4	1,477	88.72	80.01
Net Income to Common	-8.06	-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	-1,668	-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	24.46%	23.98%	19.48%	22.82%	15.26%	15.90%
Operating Margin	16.44%	15.33%	12.58%	15.95%	10.26%	12.40%
Profit Margin	-0.08%	-4.11%	3.78%	12.64%	2.23%	9.46%
Free Cash Flow Margin	-17.15%	-8.69%	-10.39%	-38.86%	-12.42%	-9.03%
EBITDA	2,208	2,176	2,147	1,986	440.49	111.93
EBITDA Margin	22.71%	20.56%	14.05%	16.99%	11.09%	13.23%
D&A For EBITDA	610.02	554.14	224.1	122.27	33.04	7.03
EBIT	1,598	1,622	1,923	1,864	407.45	104.89
EBIT Margin	16.44%	15.33%	12.58%	15.95%	10.26%	12.40%
Effective Tax Rate	103.34%	386.29%	-	-	38.02%	12.55%
Advertising Expenses	-	21.72	77.13	59.69	17.59	2.15

Source: S&P Global Market Intelligence. Standard template. Financial Sources.