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 Cash Flow 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
Net Income	-434.72	577.4	1,477	88.72	80.01
Depreciation & Amortization	641.34	304.88	208.54	65.96	12.47
Loss (Gain) From Sale of Investments	-	-56.33	-144.46	-19.77	-
Provision & Write-off of Bad Debts	32.29	17.67	20.42	13.96	6.29
Other Operating Activities	1,011	-1,116	-1,175	-88.7	53.79
Change in Accounts Receivable	303.24	754.06	-1,261	-697.62	-170.99
Change in Inventory	645.56	764.43	-1,727	-486.09	-16
Change in Accounts Payable	-1,836	1,378	1,751	482.9	44.83
Change in Unearned Revenue	2,555	-977.33	1,445	614.67	-53.24
Change in Other Net Operating Assets	-176.66	306.44	-2,994	-241.64	-15.12
Operating Cash Flow	2,742	1,953	-2,400	-267.61	-57.96
Operating Cash Flow Growth	40.41%	-	-	-	-
Capital Expenditures	-3,662	-3,541	-2,141	-226.01	-18.45
Sale of Property, Plant & Equipment	-	0.25	0.5	0	0.97
Cash Acquisitions	-	-	-	-	1.97
Sale (Purchase) of Intangibles	-4.36	-0.7	-18.86	-2.77	-1.48
Sale (Purchase) of Real Estate	-	-	-	-70.07	-0.11
Investing Cash Flow	-3,666	-3,541	-2,159	-298.85	-17.1
Short-Term Debt Issued	1,836	786.08	383.7	-	-
Long-Term Debt Issued	7,840	6,549	6,315	787.4	180.97
Total Debt Issued	9,677	7,335	6,699	787.4	180.97
Short-Term Debt Repaid	-524.81	-403.98	-	-	-
Long-Term Debt Repaid	-5,555	-3,855	-1,365	-595.98	-152.08
Total Debt Repaid	-6,079	-4,259	-1,365	-595.98	-152.08
Net Debt Issued (Repaid)	3,597	3,076	5,334	191.43	28.89
Issuance of Common Stock	-	-	-	776.34	57.78
Repurchase of Common Stock	-	-5.06	-36.95	-	-
Other Financing Activities	-1,570	-1,638	-237.19	-44.57	-13.73
Financing Cash Flow	2,028	1,433	5,059	923.2	72.93
Foreign Exchange Rate Adjustments	-	-	-	-25.13	-
Miscellaneous Cash Flow Adjustments	-144.59	-340.82	-224.67	-	-
Net Cash Flow	959.34	-496.18	275.6	331.6	-2.14
Free Cash Flow	-919.38	-1,588	-4,541	-493.62	-76.42
Free Cash Flow Margin	-8.69%	-10.39%	-38.86%	-12.42%	-9.03%
Free Cash Flow Per Share	-0.51	-0.87	-3.72	-0.35	-0.05
Cash Interest Paid	2,276	1,775	434.21	60.29	13.73
Cash Income Tax Paid	102.83	99.24	118.92	14.31	0.47
Levered Free Cash Flow	-1,959	-4,266	-2,768	-618.52	-128.36
Unlevered Free Cash Flow	-511.29	-2,934	-2,393	-574.98	-90.61
Change in Working Capital	1,492	2,225	-2,787	-327.78	-210.52

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