Aztek Teknoloji Urunleri Ticaret A.S.

Aztek Teknoloji Urunleri Ticaret A.S.

BBIST:AZTEK
2.89
TRY
-0.04
(-1.37%)
-0.98EPS
4.82BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.39
0.75
1.08
5.61
8.65
10.49
9.01
12.03
Basic EPS, GAAP
0.04
0.08
0.09
0.19
0.41
0.3
-0.41
-0.98
Free Cash Flow per Basic Share
-0.01
-0.02
0.01
-0.19
-0.26
-0.08
-0.3
-0.72
Dividend per Share
- -
- -
0.03
- -
0.19
0.4
0.16
-0.04
Book Value per Share
0.1
0.2
0.27
1.18
1.91
2.5
1.88
1.86
Tangible Book Value per Share
0.1
0.2
0.27
1.18
1.91
2.49
1.87
1.85
Basic Weighted Avg Shares
1,000
1,000
1,000
867
1,000
1,000
1,000
775
Sales/Revenue/Turnover
391
749
1,082
4,864
8,645
10,493
9,009
9,325
Operating Margin (%)
14.6
14.01
11.88
9.75
15.12
11.81
4.46
2.24
Depreciation Expense
- -
- -
4
26
60
89
110
108
Net Income, GAAP
40
77
89
168
412
299
-410
-762
Effective Tax Rate (%)
22.06
22.11
24.9
40.63
44.95
38.41
- -
- -
Profit Margin (%)
10.18
10.26
8.19
3.46
4.76
2.85
-4.55
-8.17
Working Capital
96
159
203
1,036
1,676
2,279
1,576
1,581
LT Debt
23
15
16
26
79
127
99
93
Total Equity
82
159
216
1,185
1,911
2,493
1,873
1,853
Return on Invested Capital (%)
- -
33.21
27.72
27.03
27.7
19.46
- -
- -
Return on Capital (%)
- -
36.1
31.54
22.47
21.94
17.99
- -
- -
Return on Common Equity (%)
- -
63.69
47.21
24.01
26.61
13.55
-18.73
-38.73

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,415
2,868
2,518
LT Borrowings
- -
- -
- -
LT Finance Leases
99
101
93
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
4,120
3,900
4,820

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,428
5,077
5,139
Cash, Cash Equivalents & STI
410
577
290
Accounts Receivable, Net
2,918
2,403
2,311
Inventories
1,458
1,064
1,676
Total Current Liabilities
3,853
3,439
3,558
Payables & Accruals
- -
- -
- -
ST Debt
2,415
2,868
2,518
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
110.26%
-24.88%
Free Cash Flow
- -
-329.19%
282.91%
Net Income, GAAP
- -
-2.91%
-237.2%
Sales/Revenue/Turnover
- -
95.83%
-14.14%
Total Cash Common Dividend
- -
- -
-60.3%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,111
2,073
2,406
2,735
10,493
2025
2,160
2,602
1,967
3,044
9,009
2026
2,225
2,089
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.05
0.06
0.11
0.3
2025
- -
0.04
-0.09
-3.53
-0.41
2026
-0.15
-0.16
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.03
0.02
0.4
2025
- -
- -
-0.03
0.07
0.16
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hasan Hüseyin Utebay
Sector
Distribution services
Industry
Electronics distributors
Address
Istanbul Turkey
IPO Date
Aug 17, 2022
Business
Aztek Teknoloji Urunleri Ticaret A.S. is a Turkey-based distributor, wholesaler, and retailer specializing in consumer electronics, premium audio equipment, smart wearable devices, and technology accessories. Founded in 1996 and headquartered in Istanbul, Turkey, the company operates as an authorized and exclusive distributor for prominent international consumer technology and lifestyle brands across Turkey and select regional markets. The company distributes its product portfolio through a multi-channel network comprising national consumer electronics retail chains, telecommunications operators, department stores, hypermarkets, corporate business clients, leading e-commerce platforms, as well as its proprietary online storefronts and branded concept retail stores. The company organizes its product offerings into several core categories: audio and acoustic equipment, including portable Bluetooth speakers, over-ear and on-ear wireless headphones, true wireless stereo earbuds, home soundbars, party sound systems, and multimedia desktop speakers; smart wearables and personal wellness electronics, including fitness trackers, smartwatches, and bone-conduction sports headphones; mobile and computing accessories, comprising high-capacity power banks, wall and car chargers, high-speed data cables, wireless charging pads, protective smartphone cases, and laptop sleeves; travel gear and protective storage, including technical backpacks, camera bags, luggage, and outdoor equipment; and gaming peripherals, including gaming headsets and streaming microphones. Aztek Teknoloji manages a portfolio of internationally recognized brands, including JBL, Harman Kardon, Marshall, Urbanista, Thule, Case Logic, Hama, Shokz, and Celly. In addition to commercial distribution, the company provides value-added supply chain management, localized marketing, omnichannel inventory fulfillment, and authorized after-sales technical support and warranty services. In recent developments, Aztek Teknoloji has expanded its direct-to-consumer physical footprint through the ongoing rollout of specialized mono-brand experience stores, notably dedicated JBL brand retail locations and experiential shopping kiosks in major metropolitan commercial centers. The company has also expanded its brand portfolio by integrating new product categories focused on open-ear acoustic technologies, active sports accessories, and sustainable tech accessories. To support growing multi-channel sales volumes and enhance supply chain efficiency, Aztek Teknoloji has undertaken operational modernization initiatives, including upgrades to its centralized logistics infrastructure, warehouse management automation, and enterprise digital integration across its B2B dealer platforms and direct-to-consumer e-commerce channels.