Suspension of trading

Business Segments Net Holding

Equities

NTHOL

TRANTHOL91Q6

Casinos & Gaming

Delayed Borsa Istanbul Other stock markets 04:59:13 2026-02-19 am EST			5-day change	1st Jan Change
49.78 ^TRY	-3.90%		+1.72%	+2.72%

Nov. 10	Net Holding A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
25-08-19	Net Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025	CI

Sales 2024 by Business Segment

Sales 2024 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (TRY)

Fiscal Period: December	2020	2021	2022	2023	2024
Lodging
Tourism	327M	1.01B	3.41B	9.52B	19.51B
Total Assets	8.16B	19.37B	29.54B	70.23B	113B
Interest Expense	-	-	-	-	-
Income Tax Expense	-69M	324M	-364M	1.9B	772M
CAPEX	-241M	-385M	-1.27B	-2.04B	-9.58B
EBT	-616M	957M	2.24B	4.27B	3.85B
Gross Profit	-6.44M	392M	1.32B	4.15B	5.9B
EBITDA	318K	367M	1.19B	3.88B	7.09B
D&A	164M	173M	325M	1.67B	4.16B
Operating Income	-164M	194M	863M	2.21B	2.93B
Net Income	-547M	634M	2.6B	2.37B	3.08B
Commercial Construction and Engineering
Holding and Other	99.51M	14.8M	31.64M	77.49M	133M
Total Assets	2.56B	2.32B	2.68B	5.59B	998M
Interest Expense	-	-	-	-	-
Income Tax Expense	-6.5M	28.74M	95.3M	218M	2.31M
CAPEX	-11.64M	-81.32M	-534M	-249M	-42.5M
EBT	54.58M	386M	430M	784M	-62.12M
Gross Profit	32.04M	9.11M	8.38M	-223M	13.1M
EBITDA	20.57M	-29.12M	-50.8M	-71.97M	-11.55M
D&A	10.83M	5.73M	11.09M	122M	27.6M
Operating Income	9.74M	-34.85M	-61.9M	-194M	-39.14M
Net Income	61.08M	357M	334M	566M	-64.44M
Printed Media Publishing
Publishing	9.48M	10.32M	15.95M	33.3M	-
Total Assets	12.71M	15.11M	18.85M	37.58M	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-337K	323K	245K	809K	-
CAPEX	-49.34K	-350K	-277K	-42K	-
EBT	427K	1.21M	1.25M	-1.32M	-
Gross Profit	3.94M	3.95M	5.91M	9.71M	-
EBITDA	1.03M	1.27M	1.38M	38K	-
D&A	409K	394K	428K	2.31M	-
Operating Income	624K	876K	947K	-2.27M	-
Net Income	764K	882K	1M	-2.13M	-
Finance	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Total Assets	9.21M	-	-	-	-
Net Income	-219K	-	-	-	-
Elimination	-14.31M	-24.16M	-80.25M	-142M	-271M
Total Assets	-3.17B	-3.95B	-4.77B	-18.06B	-29.75B
Interest Expense	-	-	-	-	-
EBT	1.59M	23.01M	3.18M	-211M	-39.44M
Gross Profit	-11.39M	-20.7M	-58.24M	-136M	-262M
EBITDA	-2.05M	42.85M	14.29M	-5.06M	-39.97M
Operating Income	-2.05M	42.85M	14.29M	-5.06M	-39.97M
Net Income	1.58M	23.01M	3.18M	-211M	-39.44M

Geographical Revenue Distribution History

Geographical breakdown of sales (TRY)

Fiscal Period: December	2020	2021	2022	2023	2024
Turkish Republic of North Cyprus	332M	817M	3.15B	8.46B	16.74B
Total Assets	8.49B	18.9B	27.86B	68.47B	106B
Income Tax Expense	-69.45M	326M	-348M	2.13B	744M
D&A	165M	164M	315M	1.59B	3.94B
Gross Profit	-4.72M	318M	1.28B	3.97B	4.56B
Net Income	-556M	574M	2.7B	3.12B	1.99B
EBT	-626M	900M	2.35B	5.25B	2.74B
Operating Income	-164M	132M	863M	2.23B	1.93B
EBITDA	610K	296M	1.18B	3.82B	5.87B
Total Assets	9.21M	-	-	-	-
Net Income	-219K	-	-	-	-
Montenegro	41.23M	110M	54.16M	312M	1.56B
Total Assets	747M	1.25B	1.47B	2.25B	4.85B
Income Tax Expense	-3.14M	4.38M	1.23M	-1.42M	3.59M
D&A	2.04M	2.81M	3M	21.08M	71.22M
Gross Profit	4.02M	33.27M	-64.84M	-8.34M	562M
Net Income	7.18M	15.01M	-70.43M	-140M	493M
EBT	4.04M	19.38M	-69.2M	-141M	497M
Operating Income	918K	17.82M	-76.11M	-23.51M	589M
EBITDA	2.96M	20.63M	-73.11M	-2.43M	661M
Bulgaria	50.46M	86.39M	209M	599M	1.16B
Total Assets	105M	205M	389M	910M	2.28B
Income Tax Expense	3.36M	1.52M	12.36M	-6.1M	27.37M
D&A	2.61M	5.38M	6.52M	53.18M	136M
Gross Profit	25.01M	46.17M	112M	76.91M	769M
Net Income	25.68M	75.34M	89.08M	-181M	772M
EBT	29.03M	76.86M	101M	-187M	799M
Operating Income	30.68M	49.24M	96.73M	33.15M	586M
EBITDA	33.29M	54.62M	103M	86.34M	722M
Croatia	24.38K	2.39M	6.62M	18.91M	10.81M
Total Assets	16.7M	30.78M	36.31M	43.26M	37.77M
Income Tax Expense	202K	3.57M	639K	-8.44M	-1.63M
D&A	609K	1.27M	1.06M	11.4M	12.45M
Gross Profit	-664K	-3.7M	-9.5M	-28.22M	-41.88M
Net Income	-5.08M	-9.29M	-22.17M	-32.16M	-43.16M
EBT	-4.87M	-5.72M	-21.54M	-40.6M	-44.79M
Operating Income	-3.83M	-5.29M	-19.72M	-40.5M	-44.33M
EBITDA	-3.22M	-4.02M	-18.66M	-29.1M	-31.88M
Elimination	-14.31M	-24.16M	-80.25M	-	-
Total Assets	-3.17B	-3.95B	-4.77B	-18.06B	-29.75B
Gross Profit	-11.39M	-20.7M	-58.24M	-	-
Net Income	1.58M	23.01M	3.18M	-	-
EBT	1.59M	23.01M	3.18M	-	-
Operating Income	-2.05M	42.85M	14.29M	-	-
EBITDA	-2.05M	42.85M	14.29M	-	-
Turkey	11.97M	19.85M	39.49M	104M	-104M
Total Assets	1.38B	1.32B	2.48B	4.18B	998M
Income Tax Expense	-6.81M	17.45M	65.71M	9.18M	1.19M
D&A	5.53M	5.7M	11.14M	122M	27.6M
Gross Profit	5.88M	11.69M	12.49M	-208M	-202M
Net Income	42.81M	337M	239M	-46.25M	-236M
EBT	36M	354M	305M	-37.07M	-234M
Operating Income	-17.25M	-33.52M	-61.89M	-194M	-210M
EBITDA	-11.69M	-27.83M	-50.75M	-71.7M	-183M