Cash flow Gimat Magazacilik Sanayi ve Ticaret

Stocks

GMTAS

TREGMAT00027

Discount Stores

Market Closed - Borsa Istanbul Other stock markets 16:08:06 11/06/2026 BST			5-day change	1st Jan Change
44.80 ^TRY	+0.45%		-9.35%	+100.45%

04-29	Gimat Magazacilik Sanayi ve Ticaret A.S. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
02-28	Gimat Magazacilik Sanayi ve Ticaret A.S. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: GIMAT MAGAZACILIK SANAYI VE TICARET

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2022	2023	2024	2025
Revenues	1.37B	1.9B	2.83B	5.23B
Total Revenues	1.37B	1.9B	2.83B	5.23B
Cost of Goods Sold, Total	1.09B	1.59B	2.26B	4.23B
Gross Profit	273M	312M	571M	1B
Selling General & Admin Expenses, Total	98.62M	127M	270M	590M
Other Operating Expenses	-646K	2.2M	4.23M	-26.13M
Other Operating Expenses, Total	97.98M	129M	274M	564M
Operating Income	175M	184M	297M	438M
Interest Expense, Total	-9.58M	-26.09M	-10.41M	-103M
Interest And Investment Income	175M	137M	120M	108M
Net Interest Expenses	165M	111M	110M	4.34M
Currency Exchange Gains (Loss)	63.36K	136K	360K	951K
Other Non Operating Income (Expenses)	-210M	-242M	-171M	-449M
EBT, Excl. Unusual Items	131M	52.73M	237M	-4.87M
Gain (Loss) On Sale Of Investments	658	302K	12.01M	-
EBT, Incl. Unusual Items	131M	53.03M	249M	-4.87M
Income Tax Expense	135M	49.54M	-115M	134M
Earnings From Continuing Operations	-4.19M	3.49M	364M	-139M
Net Income to Company	-4.19M	3.49M	364M	-139M
Net Income - (IS)	-4.19M	3.49M	364M	-139M
Net Income to Common Incl Extra Items	-4.19M	3.49M	364M	-139M
Net Income to Common Excl. Extra Items	-4.19M	3.49M	364M	-139M
Per Share Items
Net EPS - Basic	-0.01	0.01	1.21	-0.46
Basic EPS - Continuing Operations	-0.01	0.01	1.21	-0.46
Basic Weighted Average Shares Outstanding	300M	300M	300M	300M
Net EPS - Diluted	-0.01	0.01	1.21	-0.46
Diluted EPS - Continuing Operations	-0.01	0.01	1.21	-0.46
Diluted Weighted Average Shares Outstanding	300M	300M	300M	300M
Normalized Basic EPS	0.27	0.11	0.49	-0.01
Normalized Diluted EPS	0.27	0.11	0.49	-0.01
Dividend Per Share	-	-	0.3	-
Payout Ratio	-753.79	1.09K	-	-
Supplemental Items
EBITDA	191M	201M	322M	494M
EBITA	175M	184M	298M	439M
EBIT	175M	184M	297M	438M
Effective Tax Rate - (Ratio)	103.19	93.42	-46.22	-2.75K
Total Current Taxes	37.62M	36.99M	32.06M	46.68M
Total Deferred Taxes	97.61M	12.56M	-147M	87.39M
Normalized Net Income	81.9M	32.96M	148M	-3.04M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	4.1M
Marketing Expenses	-	-	243M	544M
Selling and Marketing Expenses	84.63M	106M	243M	549M
General and Administrative Expenses	13.99M	21.08M	26.43M	41.49M
Maintenance & Repair Expenses, Total	1.9M	6.78M	6.33M	9.46M

Fiscal Period: December	2022	2023	2024	2025
Assets
Cash And Equivalents	65.88M	94.39M	294M	152M
Total Cash And Short Term Investments	65.88M	94.39M	294M	152M
Accounts Receivable, Total	8.5M	1.78M	15.47M	18.04M
Other Receivables	8.57M	7.01M	-	-
Total Receivables	17.07M	8.79M	15.47M	18.04M
Inventory	303M	261M	328M	685M
Prepaid Expenses	15.61M	9.34M	2.41M	47.58M
Other Current Assets, Total	-	-	42.63M	54.28M
Total Current Assets	402M	373M	682M	957M
Gross Property Plant And Equipment	-	1.27B	2.31B	3.18B
Accumulated Depreciation	-	-43.46M	-91M	-161M
Net Property Plant And Equipment	1.15B	1.22B	2.22B	3.02B
Other Intangibles, Total	726K	745K	752K	575K
Other Long-Term Assets, Total	292M	304M	543M	779M
Total Assets	1.85B	1.9B	3.44B	4.75B
Liabilities
Accounts Payable, Total	53.32M	59.84M	145M	259M
Accrued Expenses, Total	5.2M	8.16M	25.71M	57.78M
Short-term Borrowings	20.49M	24.02M	24.09M	61.35M
Current Portion of Long-Term Debt	912K	-	-	-
Current Portion of Leases	-	4.45M	32.42M	31.58M
Current Income Taxes Payable	5.89M	5.64M	7.41M	46.68M
Unearned Revenue Current, Total	139K	3.77M	9.91M	18.11M
Other Current Liabilities	11.46M	4.17M	968K	4.45M
Total Current Liabilities	97.41M	110M	246M	479M
Long-Term Leases	-	24.09M	13.01M	64.33M
Unearned Revenue Non Current	3.77M	2.29M	-	-
Pension & Other Post Retirement Benefits	-	-	17.66M	23.82M
Deferred Tax Liability Non Current	188M	129M	196M	342M
Other Non Current Liabilities	9.94M	8.91M	-	-
Total Liabilities	299M	274M	472M	908M
Common Stock, Total	149M	149M	149M	300M
Retained Earnings	6.55M	47.96M	399M	383M
Treasury Stock	-527K	-3.27M	-8.56M	-11.13M
Comprehensive Income and Other	1.39B	1.43B	2.43B	3.17B
Total Common Equity	1.55B	1.63B	2.97B	3.85B
Total Equity	1.55B	1.63B	2.97B	3.85B
Total Liabilities And Equity	1.85B	1.9B	3.44B	4.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	300M	300M	300M	300M
ECS Total Common Shares Outstanding	300M	300M	300M	300M
Book Value / Share	5.16	5.43	9.91	12.82
Tangible Book Value	1.55B	1.63B	2.97B	3.85B
Tangible Book Value Per Share	5.16	5.43	9.9	12.82
Total Debt	21.41M	52.55M	69.52M	157M
Net Debt	-44.47M	-41.83M	-224M	4.86M
Account Code - Inventory Valuation	-	6	6	5
Inventories - Raw Materials, Total	2.47M	2.34M	1.18M	4.84M
Inventories - Finished Goods, Total	304M	263M	326M	677M
Inventories - Others	-	-	-	2.52M
Land - (BS)	-	850M	1.2B	2.03B
Buildings, Total	-	292M	858M	642M
Machinery, Total	-	97.47M	156M	285M
Full Time Employees	-	312	340	560
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	83.92K	816K

Fiscal Period: December	2022	2023	2024	2025
Net Income	-4.19M	3.49M	364M	-139M
Depreciation & Amortization - CF	15.97M	18.18M	32.95M	63.87M
Amortization of Goodwill and Intangible Assets - (CF)	204K	210K	398K	514K
Depreciation & Amortization, Total	16.17M	18.39M	33.35M	64.38M
Asset Writedown & Restructuring Costs	-165M	-126M	-	-70.37M
Other Operating Activities, Total	133M	43.83M	-203M	163M
Change In Accounts Receivable	-6.88M	6.72M	-14.78M	1.43M
Change In Inventories	-33.03M	41.65M	55.15M	-256M
Change In Accounts Payable	23.91M	6.52M	56.43M	-435K
Change in Unearned Revenues	3.77M	3.63M	-1.52M	5.14M
Change in Other Net Operating Assets	34.34M	58.96M	23.27M	98.74M
Cash from Operations	1.93M	57.13M	313M	-133M
Capital Expenditure	-7.2M	-12.66M	-16.21M	-177M
Sale (Purchase) of Intangible assets	-283K	-228K	-46.84M	-
Investment in Marketable and Equity Securities, Total	-	-	-	106M
Other Investing Activities, Total	-	-1	-	-
Cash from Investing	-7.48M	-12.88M	-63.05M	-70.48M
Long-Term Debt Issued, Total	5.52M	27.61M	6.24M	66.33M
Total Debt Issued	5.52M	27.61M	6.24M	66.33M
Long-Term Debt Repaid, Total	-	-5.43M	-16.44M	-
Total Debt Repaid	-	-5.43M	-16.44M	-
Common Dividends Paid	-31.55M	-37.92M	-	-
Common & Preferred Stock Dividends Paid	-31.55M	-37.92M	-	-
Other Financing Activities, Total	-	-	-	32.68K
Cash from Financing	-26.04M	-15.74M	-10.2M	66.36M
Miscellaneous Cash Flow Adjustments	-	1	-82.09M	-94.71M
Net Change in Cash	-31.58M	28.51M	158M	-232M
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	46.68M
Levered Free Cash Flow	-	166M	236M	-61.87M
Unlevered Free Cash Flow	-	183M	243M	2.65M
Change In Net Working Capital	-	-62.39M	-86.39M	159M
Net Debt Issued / Repaid	5.52M	22.18M	-10.2M	66.33M

Fiscal Period: December	2022	2023	2024	2025
Profitability
Return on Assets	-	6.12	5.97	5.92
Return on Total Capital	-	7.06	6.8	6.86
Return On Equity %	-	0.22	13.67	-3.59
Return on Common Equity	-	0.22	13.67	-3.59
Margin Analysis
Gross Profit Margin %	20	16.42	20.21	19.16
SG&A Margin	7.22	6.65	9.54	11.28
EBITDA Margin %	14.01	10.54	11.39	9.44
EBITA Margin %	12.85	9.66	10.53	8.39
EBIT Margin %	12.83	9.65	10.52	8.38
Income From Continuing Operations Margin %	-0.31	0.18	12.87	-2.66
Net Income Margin %	-0.31	0.18	12.87	-2.66
Net Avail. For Common Margin %	-0.31	0.18	12.87	-2.66
Normalized Net Income Margin	6	1.73	5.24	-0.06
Levered Free Cash Flow Margin	-	8.74	8.35	-1.18
Unlevered Free Cash Flow Margin	-	9.6	8.58	0.05
Asset Turnover
Asset Turnover	-	1.01	0.91	1.13
Fixed Assets Turnover	-	1.6	1.42	1.77
Receivables Turnover (Average Receivables)	-	370.25	313.4	273.22
Inventory Turnover (Average Inventory)	-	5.64	6.41	7.59
Short Term Liquidity
Current Ratio	4.12	3.39	2.77	2
Quick Ratio	0.85	0.94	1.26	0.36
Operating Cash Flow to Current Liabilities	0.02	0.52	1.27	-0.28
Days Sales Outstanding (Average Receivables)	-	0.99	1.17	1.34
Days Outstanding Inventory (Average Inventory)	-	64.71	57.14	48.07
Average Days Payable Outstanding	-	13.34	19.23	18.27
Cash Conversion Cycle (Average Days)	-	52.36	39.08	31.13
Long Term Solvency
Total Debt/Equity	1.38	3.23	2.34	4.09
Total Debt / Total Capital	1.36	3.13	2.29	3.93
LT Debt/Equity	-	1.48	0.44	1.67
Long-Term Debt / Total Capital	-	1.43	0.43	1.61
Total Liabilities / Total Assets	16.18	14.4	13.71	19.1
EBIT / Interest Expense	18.28	7.04	28.57	4.25
EBITDA / Interest Expense	19.97	7.74	31.77	4.87
(EBITDA - Capex) / Interest Expense	19.22	7.26	30.21	3.16
Total Debt / EBITDA	0.11	0.26	0.21	0.31
Net Debt / EBITDA	-0.23	-0.21	-0.68	0.01
Total Debt / (EBITDA - Capex)	0.12	0.28	0.22	0.48
Net Debt / (EBITDA - Capex)	-0.24	-0.22	-0.71	0.01
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	39.34	2.88	42.32
Gross Profit, 1 Yr. Growth %	-	14.36	26.64	38.3
EBITDA, 1 Yr. Growth %	-	4.79	10.54	18.02
EBITA, 1 Yr. Growth %	-	4.79	11.52	12.57
EBIT, 1 Yr. Growth %	-	4.8	11.5	12.59
Earnings From Cont. Operations, 1 Yr. Growth %	-	-183.31	7.13K	-129.17
Net Income, 1 Yr. Growth %	-	-183.31	7.13K	-129.17
Normalized Net Income, 1 Yr. Growth %	-	-59.76	211.12	-101.49
Diluted EPS Before Extra, 1 Yr. Growth %	-	-183.31	7.13K	-129.17
Accounts Receivable, 1 Yr. Growth %	-	-79.02	501.01	-10.9
Inventory, 1 Yr. Growth %	-	-13.94	-13.02	59.69
Net Property, Plant and Equip., 1 Yr. Growth %	-	6.16	25.47	3.93
Total Assets, 1 Yr. Growth %	-	2.91	23.84	5.48
Tangible Book Value, 1 Yr. Growth %	-	5.1	26.43	-1.1
Common Equity, 1 Yr. Growth %	-	5.1	26.4	-1.11
Cash From Operations, 1 Yr. Growth %	-	2.86K	120.31	-132.56
Capital Expenditures, 1 Yr. Growth %	-	75.88	-11.3	732.95
Levered Free Cash Flow, 1 Yr. Growth %	-	-	176.88	-131.44
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	129.99	-98.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	43.87	37.96
Gross Profit, 2 Yr. CAGR %	-	-	44.61	49.06
EBITDA, 2 Yr. CAGR %	-	-	29.68	30.22
EBITA, 2 Yr. CAGR %	-	-	30.28	28.2
EBIT, 2 Yr. CAGR %	-	-	30.27	28.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	832.38	425.33
Net Income, 2 Yr. CAGR %	-	-	832.38	425.33
Normalized Net Income, 2 Yr. CAGR %	-	-	34.45	-74.71
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	832.4	425.33
Accounts Receivable, 2 Yr. CAGR %	-	-	34.91	164.76
Inventory, 2 Yr. CAGR %	-	-	3.96	34.83
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	38.67	30.65
Total Assets, 2 Yr. CAGR %	-	-	36.5	30.76
Tangible Book Value, 2 Yr. CAGR %	-	-	38.51	27.93
Common Equity, 2 Yr. CAGR %	-	-	38.5	27.91
Cash From Operations, 2 Yr. CAGR %	-	-	1.17K	-3.07
Capital Expenditures, 2 Yr. CAGR %	-	-	50.08	210.98
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-14.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-84.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	56.45
Gross Profit, 3 Yr. CAGR %	-	-	-	54.23
EBITDA, 3 Yr. CAGR %	-	-	-	37.15
EBITA, 3 Yr. CAGR %	-	-	-	35.75
EBIT, 3 Yr. CAGR %	-	-	-	35.75
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	221.38
Net Income, 3 Yr. CAGR %	-	-	-	221.38
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-66.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	221.38
Accounts Receivable, 3 Yr. CAGR %	-	-	-	28.52
Inventory, 3 Yr. CAGR %	-	-	-	31.21
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	37.79
Total Assets, 3 Yr. CAGR %	-	-	-	37.02
Tangible Book Value, 3 Yr. CAGR %	-	-	-	35.42
Common Equity, 3 Yr. CAGR %	-	-	-	35.41
Cash From Operations, 3 Yr. CAGR %	-	-	-	310.22
Capital Expenditures, 3 Yr. CAGR %	-	-	-	190.67