VBT Yazilim Anonim Sirketi (IST:VBTYZ)
Turkey · Delayed Price · Currency is TRY 30.60
+0.92 (3.10%)
At close: Jul 31, 2026
IST:VBTYZ Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 130.08 | 175.04 | 46.09 | 145.11 | 10.65 | 34.15 |
Depreciation & Amortization | 367.09 | 302.12 | 50.41 | 26.28 | 15.04 | 1.76 |
Other Amortization | 46.87 | 39.5 | 22.8 | 16.83 | 8.92 | 1.77 |
Asset Writedown & Restructuring Costs | - | - | - | -40.59 | - | - |
Loss (Gain) From Sale of Investments | - | - | - | - | 8.71 | - |
Loss (Gain) on Equity Investments | -0.15 | -1.32 | 51.61 | 5.26 | -11.3 | -0.3 |
Provision & Write-off of Bad Debts | - | - | - | 0.19 | -0.01 | 0.09 |
Other Operating Activities | 149.99 | 103.11 | 189.01 | 250.12 | 402.42 | 1.33 |
Change in Accounts Receivable | 92.52 | -380.06 | -102.4 | 60.69 | -121.95 | -8.66 |
Change in Inventory | -362.19 | -100.3 | -26.87 | -63.06 | 32.67 | -11.98 |
Change in Accounts Payable | 215.5 | 588.29 | -44.52 | -216.65 | -138.12 | 79.62 |
Change in Unearned Revenue | 17.6 | 19.62 | 0.14 | 25.07 | 667.93 | 30.86 |
Change in Other Net Operating Assets | -323.25 | -432.1 | 256.27 | -74.44 | -670.18 | -8.27 |
Operating Cash Flow | 334.05 | 313.89 | 442.55 | 47.6 | 204.29 | 120.37 |
Operating Cash Flow Growth | 1.18% | -29.07% | 829.70% | -76.70% | 69.71% | 106.39% |
Investing Activities
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 |
Capital Expenditures | -0.11 | -19.14 | -1,359 | -62.41 | -16.33 | -16.97 |
Sale of Property, Plant & Equipment | 0.52 | 0.25 | 6.33 | - | 0.77 | - |
Cash Acquisitions | - | - | - | - | - | -8.52 |
Sale (Purchase) of Intangibles | - | - | - | - | -4.08 | -4.93 |
Investment in Securities | - | - | 29.45 | -12.27 | -9.9 | - |
Investing Cash Flow | 0.4 | -18.89 | -1,323 | -74.68 | -29.55 | -30.43 |
Financing Activities
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 |
Long-Term Debt Issued | - | 49.9 | 972.86 | - | 0.37 | 25.4 |
Total Debt Issued | 99.9 | 49.9 | 972.86 | - | 0.37 | 25.4 |
Long-Term Debt Repaid | - | -219.65 | -20.87 | -7.42 | -4.05 | -30.36 |
Net Debt Issued (Repaid) | -121.33 | -169.75 | 951.99 | -7.42 | -3.68 | -4.97 |
Issuance of Common Stock | - | - | - | - | 40.12 | 71.19 |
Repurchase of Common Stock | - | - | -34.03 | - | - | -9.96 |
Common Dividends Paid | - | - | - | -77.7 | -53.82 | - |
Other Financing Activities | -59.02 | -33.94 | -2.74 | 7.27 | 7.82 | 2.86 |
Financing Cash Flow | -180.35 | -203.7 | 915.21 | -77.85 | -9.55 | 59.13 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | -0.97 | -0.59 | -7.15 | -221.34 | - | - |
Miscellaneous Cash Flow Adjustments | -60.4 | -57.07 | -95.27 | - | -383.67 | - |
Net Cash Flow | 92.74 | 33.65 | -68.14 | -326.27 | -218.49 | 149.08 |
Free Cash Flow
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 |
Free Cash Flow | 333.94 | 294.75 | -916.72 | -14.81 | 187.96 | 103.4 |
Free Cash Flow Growth | - | - | - | - | 81.78% | 79.87% |
Free Cash Flow Margin | 13.14% | 12.14% | -30.36% | -0.48% | 15.95% | 52.09% |
Free Cash Flow Per Share | 2.85 | 2.52 | -7.83 | -0.13 | 1.61 | 0.88 |
Levered Free Cash Flow | 274.5 | 351.85 | -1,061 | -161 | 25.76 | 78.8 |
Unlevered Free Cash Flow | 313.72 | 388.54 | -1,038 | -158.26 | 28.66 | 79.89 |
Additional Metrics
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 |
Cash Interest Paid | 54.97 | 54.05 | 27.72 | 4.38 | 4.64 | 1.75 |
Cash Income Tax Paid | - | -85.07 | -10 | 43.48 | 24.19 | - |
Change in Working Capital | -359.83 | -304.56 | 82.63 | -355.6 | -230.14 | 81.57 |