VBT Yazilim Anonim Sirketi (IST:VBTYZ)
Turkey flag Turkey · Delayed Price · Currency is TRY
30.60
+0.92 (3.10%)
At close: Jul 31, 2026

IST:VBTYZ Financials Overview

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,5412,4283,0193,0821,178198.51
Revenue Growth
-14.87%-19.60%-2.02%161.51%493.67%52.68%
Gross Profit
798.87751.2686.26382.5196.0540.56
Operating Income
334.48311.58357.45126.6479.0215.89
Net Income
130.08175.0446.09145.1110.6534.15
Earnings Per Share
1.111.500.391.240.090.29
EPS Growth
9.04%279.78%-68.24%1262.43%-68.81%74.18%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Turkey
2,5832,4423,0433,0881,176198.89
Foreign
-17.811.6219.166.195.90.12
Unallocated
-24.48-25.6-42.82-11.85-3.88-0.5
Total
2,5412,4283,0193,0821,178198.51

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
340.27355.87243.95324.69390.47224.82
Total Debt
692.9692.12982.777.359.184.81
Net Cash (Debt)
-352.62-336.25-738.82317.35381.3220.01
Net Cash Growth
----16.77%73.31%233.48%
Net Cash Per Share
-3.01-2.87-6.312.713.261.88

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
334.05313.89442.5547.6204.29120.37
Capital Expenditures
-0.11-19.14-1,359-62.41-16.33-16.97
Free Cash Flow
333.94294.75-916.72-14.81187.96103.4
Free Cash Flow Growth
----81.78%79.87%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
31.44%30.94%22.73%12.41%16.64%20.43%
Operating Margin
13.16%12.83%11.84%4.11%6.71%8.01%
Pretax Margin
8.57%10.36%1.19%5.70%3.13%19.76%
Profit Margin
5.12%7.21%1.53%4.71%0.90%17.20%
FCF Margin
13.14%12.14%-30.36%-0.48%15.95%52.09%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
27.5211.3261.9921.07140.6116.05
P/FCF Ratio
10.726.72--7.975.30
PS Ratio
1.410.820.950.991.272.76