Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. (IST:TRENJ)

Turkey · Delayed Price · Currency is TRY

78.05

+2.50 (3.31%)

Nov 13, 2026, 6:08 PM GMT+3

IST:TRENJ Financials Overview

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

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	25,830	17,728	12,111	12,425	11,609	4,156
Revenue Growth	47.66%	46.38%	-2.53%	7.03%	179.32%	24.83%
Gross Profit	13,360	7,294	3,808	4,797	6,386	2,514
Operating Income	6,974	3,422	-269.8	731.25	4,053	1,775
Net Income	2,375	705.7	-1,295	259	-943	660.51
Earnings Per Share	-	2.72	-4.98	1.00	-3.63	2.54
EPS Growth	-	-	-	-	-	82.38%

Revenue by Segment

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
Mine	17,574	12,073	11,784	11,426	4,101
Other	185.49	474.83	643.87	-	-
Elimination Adjustments	-31.9	-436.66	-2.52	0.47	-11.24
Total	17,728	12,111	12,425	11,609	4,156

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Cash & Investments	19,038	17,547	14,009	13,539	16,946	9,179
Total Debt	385.8	103.37	29.88	560.84	36.9	40.14
Net Cash (Debt)	18,653	17,444	13,979	12,978	16,910	9,139
Net Cash Growth	5.59%	24.79%	7.71%	-23.25%	85.03%	47.75%
Net Cash Per Share	-	67.18	53.82	49.96	65.09	35.18

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Operating Cash Flow	10,245	8,270	1,335	-1,542	2,233	2,421
Capital Expenditures	-10,419	-7,323	-5,758	-1,829	-1,006	-615.87
Free Cash Flow	-174.15	946.65	-4,423	-3,371	1,226	1,806
Free Cash Flow Growth	-	-	-	-	-32.09%	73.45%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Gross Margin	51.72%	41.14%	31.44%	38.60%	55.01%	60.50%
Operating Margin	27.00%	19.31%	-2.23%	5.88%	34.91%	42.71%
Pretax Margin	37.22%	32.64%	-3.22%	-3.34%	-15.36%	95.08%
Profit Margin	9.19%	3.98%	-10.69%	2.08%	-8.12%	15.89%
FCF Margin	-0.67%	5.34%	-36.52%	-27.13%	10.56%	43.44%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 14, 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
PE Ratio	8.54	34.25	-	32.02	-	5.36
Forward PE	-	19.83	19.83	19.83	19.83	19.83
P/FCF Ratio	-	25.54	-	-	7.39	1.96
PS Ratio	0.78	1.36	1.12	0.67	0.78	0.85