Agrotech Yuksek Teknoloji ve Yatirim AS
BBIST:AGROT1.11
TRY
-0.06
(-5.13%)
ISIN
TREAGRT00018
Return %
Stock
S&P 500
1Y
-69.34
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
TRY
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in mil. unless spec.Growth Rates
TRY
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in mil. unless spec.Quarterly Revenue
TRY
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- Full Time Employees
- 161
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Istanbul Turkey
- IPO Date
- Nov 23, 2023
- Website
- agrotechgrup.com.tr
- Similar Companies
- Business
- Agrotech Yuksek Teknoloji ve Yatirim AS is a Turkey-based diversified technology and agricultural investment holding company that develops smart farming systems, produces agricultural and food commodities, and delivers enterprise information technology and software solutions. Founded in 2013 and headquartered in Istanbul, Turkey, the company operates across two core business segments: Agricultural Production and Information Technology. In its agricultural division, the company provides soilless modern greenhouse farming, orchard management, food processing, agricultural input manufacturing, licensed warehousing, cold storage, and retail distribution; its agricultural product offerings include truss tomatoes, peppers, and bananas cultivated in climate-controlled greenhouse facilities in Balikesir and Antalya; cherries, walnuts, table grapes, peaches, plums, and nectarines grown across orchards in Usak; hazelnuts harvested in Samsun; processed food commodities including tomato paste, ketchup, mayonnaise, and culinary sauces; specialized chemical fertilizers and crop protection chemicals produced through Agrofert Zirai Ilac ve Gubre Uretim AS; commercial crop seeds and seedlings developed through Agrow Tohum ve Fidecilik Uretim AS; medical and industrial cannabis cultivated by Flora Entegre Tarim Urunleri Sanayi ve Ticaret AS; and packaged foodstuffs distributed via its retail and wholesale chain subsidiary Agross Magazacilik AS. In its information technology division, operated primarily through its subsidiary Grid Teknoloji Ltd. alongside international technology entities, the company offers e-government infrastructure and public administration platforms; e-health and hospital information management systems; conversational artificial intelligence and robotic messaging solutions under the Bychat brand; precision agriculture telemetry and Internet of Things crop monitoring systems; cloud infrastructure, cybersecurity, and system integration services in partnership with global vendors including Oracle, Microsoft, and HP; and enterprise software development, data processing, and IT consultancy services. Agrotech caters to government ministries, healthcare organizations, corporate enterprises, agricultural cooperatives, industrial food manufacturers, and retail consumers, exporting agricultural commodities to more than 65 countries across Central Asia, Europe, and the Middle East, and delivering software and technology solutions to more than 10 international markets. In recent corporate developments, following its initial public offering on Borsa Istanbul in November 2023 under the ticker AGROT, the company has executed several strategic expansions and portfolio optimizations; these include increasing its equity stake in medical cannabis producer Flora Entegre Tarim to 90 percent; acquiring a 20 percent interest in Bulgaria-based artificial intelligence firm Code-All AD to secure commercial rights to the Harmony AI orchestration platform; launching a 500 million Turkish lira venture capital investment vehicle to back technology, agriculture, and energy ventures; establishing Agross Magazacilik to drive direct-to-consumer and wholesale food retailing; entering an R&D partnership with ITU Teknopark to engineer AI-driven precision farming tools; expanding commercial deployments of its Bychat platform internationally; and strategically terminating its electric vehicle development operations under Joyce Elektrikli Araclar in late 2024 to concentrate capital and managerial resources on core enterprise software, artificial intelligence, and smart agribusiness operations.