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

Turkey · Delayed Price · Currency is TRY

6.96

-0.42 (-5.69%)

Last updated: Mar 2, 2026, 4:14 PM GMT+3

IST:SMRTG Cash Flow 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
Period Ending	Sep '25 Sep 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
Net Income	-727	441.13	1,477	88.72	80.01	54.93
Depreciation & Amortization	473.95	232.92	208.54	65.96	12.47	12.5
Loss (Gain) From Sale of Investments	-1.38	-43.03	-144.46	-19.77	-	-
Provision & Write-off of Bad Debts	5.68	13.5	20.42	13.96	6.29	-
Other Operating Activities	-406.32	-852.47	-1,175	-88.7	53.79	4.92
Change in Accounts Receivable	899.18	576.1	-1,261	-697.62	-170.99	27.72
Change in Inventory	952.95	584.02	-1,727	-486.09	-16	-29.67
Change in Accounts Payable	-93.25	1,052	1,751	482.9	44.83	61.02
Change in Unearned Revenue	1,148	-746.67	1,445	614.67	-53.24	29.39
Change in Income Taxes	-	-	-	-	-	1.24
Change in Other Net Operating Assets	-285.64	234.12	-2,994	-241.64	-15.12	-146.21
Operating Cash Flow	1,966	1,492	-2,400	-267.61	-57.96	15.84
Capital Expenditures	-2,931	-2,705	-2,141	-226.01	-18.45	-23.32
Sale of Property, Plant & Equipment	-0.04	0.19	0.5	0	0.97	-
Cash Acquisitions	-	-	-	-	1.97	-
Sale (Purchase) of Intangibles	-0.47	-0.54	-18.86	-2.77	-1.48	-0.78
Sale (Purchase) of Real Estate	-	-	-	-70.07	-0.11	-
Other Investing Activities	-	-	-	-	-	-0.85
Investing Cash Flow	-2,932	-2,706	-2,159	-298.85	-17.1	-24.96
Short-Term Debt Issued	-	600.55	383.7	-	-	-
Long-Term Debt Issued	-	5,003	6,315	787.4	180.97	71.78
Total Debt Issued	7,064	5,604	6,699	787.4	180.97	71.78
Short-Term Debt Repaid	-	-308.64	-	-	-	-
Long-Term Debt Repaid	-	-2,945	-1,365	-595.98	-152.08	-39.58
Total Debt Repaid	-5,259	-3,254	-1,365	-595.98	-152.08	-39.58
Net Debt Issued (Repaid)	1,805	2,350	5,334	191.43	28.89	32.2
Issuance of Common Stock	0.98	-	-	776.34	57.78	-
Repurchase of Common Stock	-	-3.86	-36.95	-	-	-
Other Financing Activities	-992.4	-1,251	-237.19	-44.57	-13.73	-5.53
Financing Cash Flow	813.2	1,095	5,059	923.2	72.93	26.67
Foreign Exchange Rate Adjustments	-	-	-	-25.13	-	-
Miscellaneous Cash Flow Adjustments	-185.96	-260.38	-224.67	-	-	-
Net Cash Flow	-338.2	-379.07	275.6	331.6	-2.14	17.55
Free Cash Flow	-964.93	-1,213	-4,541	-493.62	-76.42	-7.49
Free Cash Flow Margin	-10.69%	-10.39%	-38.86%	-12.42%	-9.03%	-1.29%
Free Cash Flow Per Share	-0.53	-0.67	-3.72	-0.35	-0.05	-0.01
Cash Interest Paid	1,287	1,356	434.21	60.29	13.73	5.55
Cash Income Tax Paid	93.87	75.82	118.92	14.31	0.47	-
Levered Free Cash Flow	-2,464	-2,663	-2,768	-618.52	-128.36	-10.09
Unlevered Free Cash Flow	-1,352	-1,645	-2,393	-574.98	-90.61	14.2
Change in Working Capital	2,622	1,700	-2,787	-327.78	-210.52	-56.52

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