Page: Company Financials
Akis Gayrimenkul Yatirim Ortakligi A.S.
$8.70
+0.15 (1.75%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Stock Price | 6.70 | 6.35 | 2.98 |
| Market Capitalization | 16,168.43M | 15,329.21M | 7,184.63M |
| (-) Cash & Equivalents | 1,292.46M | 600.96M | 755.43M |
| (+) Total Debt | 2,617.39M | 2,183.34M | 3,292.21M |
| Enterprise Value | 17,493.35M | 16,911.59M | 9,721.41M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,669M | 3,240M | 3,296M | 2,577M | 1,702M | 416M | 301M | 437M |
| Cost of Revenue | 892M | 1,468M | 781M | 854M | 431M | 98M | 106M | 108M |
| Gross Profit | 2,777M | 1,773M | 2,516M | 1,723M | 1,271M | 318M | 196M | 330M |
| Gross Profit Margin | 75.7% | 54.7% | 76.3% | 66.9% | 74.7% | 76.4% | 64.9% | 75.4% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 150M | 105M | 120M | 105M | 79M | 16M | 15M | 16M |
| Operating Expenses | 400M | 250M | 346M | 155M | 172M | 32M | 29M | 38M |
| Operating Income (EBIT) | 2,377M | 1,523M | 2,170M | 1,567M | 1,099M | 286M | 166M | 292M |
| Operating Income Margin | 64.8% | 47.0% | 65.8% | 60.8% | 64.6% | 68.8% | 55.2% | 66.7% |
| Interest Income | 414M | 212M | 306M | 138M | 93M | 28M | 16M | 24M |
| Interest Expense | 434M | 914M | 692M | 776M | 859M | 197M | 156M | 152M |
| Net Interest Income | -20M | -702M | -386M | -637M | -766M | -169M | -140M | -128M |
| Unusual Items | 3,936M | 2,303M | 4,332M | 2,453M | 3,534M | 122M | -485M | 385M |
| EBT Excluding Unusual Items | 2,357M | 820M | 1,783M | 930M | 332M | 118M | 27M | 164M |
| Pre-Tax Income | 6,293M | 3,123M | 6,115M | 3,383M | 3,866M | 239M | -458M | 549M |
| Pre-Tax Margin | 171.5% | 96.4% | 185.5% | 131.3% | 227.2% | 57.5% | -152.0% | 125.7% |
| Income Tax Expense | 2,651M | 24M | 2,104M | 25M | -30M | 1M | 0M | 0M |
| Net Income | 3,641M | 2,130M | 4,011M | 3,358M | 3,896M | 238M | -458M | 549M |
| Net Income Margin | 99.2% | 65.7% | 121.7% | 130.3% | 228.9% | 57.2% | -152.1% | 125.6% |
| Depreciation & Amortization | 33M | 35M | 28M | 29M | 20M | 4M | 4M | 4M |
| EBITDA | 2,409M | 1,558M | 2,197M | 1,596M | 1,119M | 290M | 170M | 296M |
| EBITDA Margin | 65.7% | 48.1% | 66.7% | 61.9% | 65.7% | 69.7% | 56.4% | 67.7% |
| NOPAT | 1,375M | 1,511M | 1,423M | 1,556M | 1,107M | 285M | 131M | 291M |
| NOPAT Margin | 37.5% | 46.6% | 43.2% | 60.4% | 65.1% | 68.4% | 43.6% | 66.7% |
| Owner's Earnings | 3,644M | 2,143M | 4,012M | 3,371M | 3,900M | 237M | -457M | 551M |
| Owner's Earnings Margin | 99.3% | 66.1% | 121.7% | 130.8% | 229.2% | 57.1% | -151.6% | 126.0% |
| EPS (Basic) | 1.50 | 1.29 | 1.66 | 2.01 | 1.61 | 0.04 | -0.25 | 0.34 |
| EPS (Diluted) | 1.51 | 0.88 | 1.66 | 1.39 | 1.61 | 0.10 | -0.22 | 0.34 |
| Shares (Basic) | 2,415M | 2,415M | 2,415M | 2,415M | 2,415M | 2,415M | 2,104M | 1,631M |
| Shares (Diluted) | 2,415M | 2,415M | 2,415M | 2,415M | 2,415M | 2,415M | 2,104M | 1,631M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,398.35M | 1,186.57M | 454.02M | 786.56M | 938.74M | 264.21M | 139.32M | 0.00M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 349.07M | 0.00M | 0.00M | 0.00M | 10.92M |
| Cash & Short-Term Investments | 1,398.35M | 1,186.57M | 454.02M | 1,135.63M | 938.74M | 264.21M | 139.32M | 10.92M |
| Net Receivables | 326.53M | 237.72M | 215.98M | 232.19M | 187.18M | 63.26M | 69.93M | 79.28M |
| Inventory | 1,161.13M | 1,014.72M | 512.10M | 418.67M | 838.49M | 160.22M | 466.34M | 0.00M |
| Other Current Assets | 17.24M | 15.16M | 146.55M | 269.61M | 214.85M | 72.90M | 27.20M | 12.91M |
| Total Current Assets | 2,903.24M | 2,454.17M | 1,328.65M | 2,056.09M | 2,179.25M | 560.59M | 702.79M | 103.11M |
| Property, Plant & Equipment | 292.23M | 275.72M | 251.71M | 174.91M | 180.42M | 29.20M | 27.99M | 0.00M |
| Goodwill | 8.49M | 8.01M | 7.28M | 5.04M | 5.04M | 0.71M | 0.71M | 0.00M |
| Intangible Assets | 35.66M | 34.77M | 33.24M | 23.68M | 23.15M | 3.95M | 4.60M | 0.00M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 21,068.51M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 1.83M | 34.07M | 0.49M | 0.52M | 0.00M |
| Other Non-Current Assets | 41,793.65M | 39,374.14M | 35,649.25M | 22,107.78M | 0.00M | 7,120.23M | 5,359.24M | 0.00M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 42,130.04M | 39,692.64M | 35,941.48M | 22,313.24M | 21,311.18M | 7,154.58M | 5,393.06M | 0.00M |
| Total Assets | 45,033.28M | 42,146.81M | 37,270.12M | 24,369.33M | 23,490.43M | 7,715.18M | 6,095.85M | 103.11M |
| Accounts Payable | 126.88M | 93.02M | 105.62M | 52.83M | 78.06M | 26.20M | 10.88M | 13.09M |
| Short-Term Debt | 2,507.14M | 2,419.54M | 1,587.02M | 879.50M | 2,189.20M | 778.71M | 759.85M | 865.19M |
| Tax Payables | 222.05M | 98.59M | 65.10M | 57.07M | 37.48M | 14.90M | 3.56M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 801.79M | 440.98M | 41.40M | 0.00M |
| Other Current Liabilities | 128.36M | 99.33M | 73.19M | 42.49M | 235.61M | 22.25M | 36.28M | 50.11M |
| Total Current Liabilities | 2,984.43M | 2,710.49M | 1,830.93M | 1,031.90M | 3,342.14M | 1,283.04M | 851.96M | 928.38M |
| Long-Term Debt | 0.00M | 0.00M | 39.75M | 1,810.09M | 3,573.28M | 2,335.50M | 1,675.98M | 1,289.65M |
| Capital Lease Obligations | 145.59M | 162.51M | 178.46M | 214.66M | 0.00M | 0.00M | 0.00M | 19.23M |
| Deferred Tax Liabilities | 4,172.12M | 3,951.80M | 3,238.18M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 28.48M | 25.26M | 21.84M | 18.62M | 24.50M | 8.41M | 6.59M | 29.34M |
| Total Non-Current Liabilities | 4,346.19M | 4,139.57M | 3,478.23M | 2,043.37M | 3,597.78M | 2,343.91M | 1,682.57M | 1,338.22M |
| Total Liabilities | 7,330.62M | 6,850.06M | 5,309.16M | 3,075.27M | 6,939.92M | 3,626.95M | 2,534.52M | 2,266.60M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 2,415.00M | 2,415.00M | 2,415.00M | 805.00M | 805.00M | 805.00M | 554.70M | 0.00M |
| Retained Earnings | 14,666.42M | 13,658.17M | 12,253.19M | 6,595.13M | 3,157.61M | 2,082.45M | 1,854.59M | 0.00M |
| Accumulated OCI | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 17,081.42M | 16,073.17M | 14,668.19M | 7,400.13M | 3,962.61M | 2,887.45M | 2,409.29M | 0.00M |
| Total Equity | 17,081.42M | 16,073.17M | 14,668.19M | 7,400.13M | 3,962.61M | 2,887.45M | 2,409.29M | 0.00M |
| Total Liabilities & Equity | 24,412.04M | 22,923.23M | 19,977.34M | 10,475.40M | 10,902.54M | 6,514.40M | 4,943.82M | 2,266.60M |
| Tangible Assets | 44,989.13M | 42,104.03M | 37,229.60M | 24,340.61M | 23,462.25M | 7,710.52M | 6,090.54M | 103.11M |
| Tangible Equity | 17,037.27M | 16,030.39M | 14,627.67M | 7,371.41M | 3,934.42M | 2,882.79M | 2,403.99M | 0.00M |
| Tangible Book Value | 17,037.27M | 16,030.39M | 14,627.67M | 7,371.41M | 3,934.42M | 2,882.79M | 2,403.99M | 0.00M |
| Total Investments | 152.31M | 0.00M | 0.00M | 0.00M | 21,068.51M | 0.00M | 0.00M | 10.92M |
| Net Debt | 1,108.79M | 1,232.97M | 1,172.75M | 1,903.03M | 4,823.75M | 2,850.00M | 2,296.51M | 2,154.84M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | -166.1M | -369.8M | -617.3M | -111.1M | -806.2M | -671.1M | -100.4M | 10.9M |
| Total Capital | 40,365.2M | 37,857.3M | 33,745.9M | 23,136.9M | 22,666.2M | 7,252.3M | 6,043.0M | 0.0M |
| Capital Employed | 41,963.9M | 39,322.8M | 35,324.2M | 22,202.1M | 20,505.0M | 6,483.5M | 5,292.7M | 0.0M |
| Invested Capital | 38,966.9M | 36,670.7M | 33,291.9M | 22,350.4M | 21,727.5M | 6,988.1M | 5,903.7M | 0.0M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 3,747.81M | 3,395.75M | 4,010.58M | 3,358.46M | 3,895.84M | 237.92M | -458.44M | 549.04M |
| Depreciation & Amortization | 32.70M | 35.34M | 27.82M | 19.95M | 19.98M | 3.73M | 3.81M | 4.11M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -1,645.86M | 1,417.07M | -462.97M | 1,108.28M | 654.37M | 256.23M | 46.79M | 136.33M |
| Accounts Receivable | -65.96M | 100.40M | 78.61M | 53.97M | 20.61M | 0.00M | 19.48M | 62.27M |
| Inventory | -563.35M | 431.29M | -0.19M | 431.82M | 116.25M | -25.80M | 13.78M | -1.79M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | -1,016.54M | 515.07M | -541.39M | 622.49M | 517.51M | 0.00M | 13.53M | 75.85M |
| Other Non-Cash Items | -975.12M | -2,845.48M | -1,941.22M | -3,081.38M | -4,246.16M | -11.17M | 577.26M | -347.28M |
| Net Cash from Operating Activities | 1,159.53M | 1,886.05M | 1,634.22M | 1,405.31M | 324.03M | 486.70M | 169.42M | 342.19M |
| Capital Expenditures (PPE) | -29.94M | -23.25M | -26.38M | -15.28M | -16.17M | -4.26M | -2.27M | -2.38M |
| Acquisitions (Net) | -16.50M | -0.97M | -16.50M | -49.74M | -11.77M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -14.05M | 61.37M | -11.23M | 178.53M | 944.35M | 38.73M | -0.91M | 0.63M |
| Net Cash from Investing Activities | -60.49M | 37.29M | -54.11M | 113.51M | 916.40M | 34.47M | -3.18M | -1.75M |
| Net Debt Issuance | -74.19M | -1,991.90M | -1,477.75M | -1,787.78M | -937.91M | -595.89M | -146.37M | 101.07M |
| Long-Term Debt Issuance | -74.19M | -1,310.61M | -1,477.75M | -1,787.78M | -937.91M | -595.89M | -146.37M | 101.07M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -12.68M | -3.20M | -12.68M | 63.94M | 0.00M | 240.40M | 4.37M | -0.73M |
| Common Stock Issuance | 0.00M | 0.00M | -12.68M | 71.80M | 0.00M | 250.46M | 4.37M | 0.00M |
| Common Stock Repurchased | 0.00M | 2.18M | 0.00M | -7.86M | 0.00M | -10.06M | 0.00M | -0.73M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -9.93M | 0.00M | -72.97M | 0.00M | 0.00M | 0.00M | 0.00M | -107.62M |
| Common Dividends Paid | -9.93M | 0.00M | -72.97M | 0.00M | 0.00M | 0.00M | 0.00M | -107.62M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -405.11M | -380.67M | -357.21M | -225.46M | -321.87M | -205.24M | -191.18M | -190.07M |
| Net Cash from Financing Activities | -501.91M | -2,375.78M | -1,920.61M | -1,949.29M | -1,259.78M | -560.74M | -333.19M | -197.34M |
| Effect of FX on Cash | -147.33M | 60.01M | -188.40M | 318.12M | 261.84M | 142.94M | 33.59M | 7.08M |
| Net Change in Cash | 583.25M | -353.88M | -528.90M | -147.24M | 242.49M | 103.38M | -133.36M | 150.18M |
| Cash at Beginning of Period | 2,666.61M | 2,867.63M | 982.92M | 828.03M | 585.54M | 112.94M | 246.30M | 96.12M |
| Cash at End of Period | 3,249.85M | 2,969.79M | 454.02M | 680.79M | 828.03M | 216.33M | 112.94M | 246.30M |
| Operating Cash Flow | 1,103.57M | 1,657.24M | 1,634.22M | 1,405.31M | 324.03M | 486.70M | 169.42M | 342.19M |
| Capital Expenditure | -29.94M | -21.68M | -26.38M | -16.03M | -16.17M | -4.29M | -2.27M | -2.38M |
| Free Cash Flow | 1,073.62M | 1,635.56M | 1,607.84M | 1,389.28M | 307.86M | 482.41M | 167.15M | 339.81M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 2,660.06M | 1,703.25M | 2,423.84M | 1,646.88M | 1,211.48M | 305.49M | 184.98M | 317.52M |
| (-) Tax Adjustment | 931.02M | 12.91M | 834.14M | 11.97M | 0.00M | 1.48M | 0.00M | 0.17M |
| (-) Change In Working Capital | -1,645.86M | 1,417.07M | -462.97M | 1,108.28M | 654.37M | 256.23M | 46.79M | 136.33M |
| (-) Capital Expenditure | -29.94M | -21.68M | -26.38M | -16.03M | -16.17M | -4.29M | -2.27M | -2.38M |
| Unlevered Free Cash Flow | 3,344.96M | 251.59M | 2,026.29M | 510.59M | 540.94M | 43.49M | 135.92M | 178.64M |
| (-) Net Interest Income After Taxes | -12.98M | -696.88M | -253.28M | -632.62M | -766.34M | -167.76M | -139.68M | -127.45M |
| Net Debt Issuance | -74.19M | -1,991.90M | -1,477.75M | -1,787.78M | -937.91M | -595.89M | -146.37M | 101.07M |
| Levered Free Cash Flow | 3,283.75M | -1,043.43M | 801.83M | -644.57M | 369.37M | -384.65M | 129.23M | 407.17M |