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Hedef Girisim Sermayesi Yatirim Ortakligi A.S.

Hedef Girisim Sermayesi Yatirim Ortakligi A.S.

BBIST:HDFGS
1.05
TRY
-0.05
(-4.55%)
2.72BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.06
0.21
0.17
0.17
0.04
0.05
0.47
0.03
1.47
0.92
0.85
0.97
- -
Basic EPS, GAAP
0.01
0.04
0.01
0.13
- -
0.05
0.46
0.03
0.6
-0.67
-0.56
0.26
- -
Free Cash Flow per Basic Share
- -
-0.01
0.01
-0.01
-0.02
-0.01
0.01
-0.16
-0.3
1.53
1
-0.04
0.8
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.11
0.15
0.15
0.24
0.19
0.24
0.7
0.78
2.82
3.53
4.06
3.31
3.83
Tangible Book Value per Share
0.11
0.15
0.15
0.24
0.19
0.24
0.7
0.78
2.82
3.53
4.06
3.31
3.83
Basic Weighted Avg Shares
213
213
213
298
559
559
559
689
689
689
689
1,130
1,130
Sales/Revenue/Turnover
12
45
36
50
25
30
262
19
1,009
633
584
1,100
- -
Operating Margin (%)
9.14
16.11
2.83
74.73
1.48
88.27
97.55
13.95
96.58
92.93
91.86
92.99
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
1
2
3
3
Net Income, GAAP
1
8
2
38
2
31
260
20
416
-464
-386
296
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
10.72
16.86
4.26
75.98
6.77
101.4
98.91
103.86
41.2
-73.31
-66.04
26.94
- -
Working Capital
2
22
23
16
32
55
139
188
680
124
190
14
4
LT Debt
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
Total Equity
24
31
33
70
104
134
394
512
1,939
2,432
2,797
3,746
4,322
Return on Invested Capital (%)
- -
27.26
4.42
73.87
1.92
25.62
97.96
4.33
81.62
- -
- -
32.12
- -
Return on Capital (%)
- -
27.26
4.76
73.9
1.95
25.72
97.99
4.36
33.92
- -
- -
9.07
- -
Return on Common Equity (%)
- -
27.26
4.76
73.9
1.95
25.73
98.36
4.35
33.94
-21.22
-14.75
9.05
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,130
1,130
1,130
Market Capitalization
3,560
3,254
2,723

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19
18
8
Cash, Cash Equivalents & STI
5
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
4
4
Payables & Accruals
- -
- -
- -
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
77.3%
76.65%
33.9%
Free Cash Flow
-424.35%
-785.13%
-106.85%
Net Income, GAAP
618.08%
302.46%
-176.79%
Sales/Revenue/Turnover
592.89%
1,033.74%
88.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
168
11
136
205
584
2025
-37
86
- -
901
1,100
2026
47
35
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.25
-0.42
0.3
-0.56
2025
-0.49
-0.12
- -
0.32
0.26
2026
-0.02
-0.06
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Haluk Lap
Sector
Finance
Industry
Investment managers
Address
Istanbul Turkey
IPO Date
Feb 3, 2015
Website
hedefgirisim.com.tr
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Business
Hedef Girisim Sermayesi Yatirim Ortakligi A.S. is a Turkey-based venture capital investment trust engaged in acquiring equity stakes in, providing growth capital to, and managing a diversified portfolio of early-stage, growth-stage, and pre-initial public offering (pre-IPO) enterprises. Founded in 2012 and headquartered in Istanbul, Turkey, the company operates as an affiliate of Hedef Holding A.S. under the regulatory framework of the Capital Markets Board of Turkey. Hedef Girisim provides a comprehensive suite of investment and venture development services, including direct equity investments; mezzanine financing and convertible debt instruments; pre-IPO funding and capital structuring; strategic governance and executive management advisory; financial consultancy and business development support; fund-of-funds participation; and exit execution services via secondary buyouts, trade sales, and public listings on Borsa Istanbul. The firm targets high-potential ventures across key sectors, offering capital allocation to financial technologies, digital banking platforms, and payment systems; enterprise software, cloud computing, and artificial intelligence solutions; medical technologies, pharmaceuticals, and healthcare supplies; renewable energy production and cleantech; cybersecurity and telecommunications; and specialized industrial manufacturing. In recent developments, Hedef Girisim has accelerated its strategic focus on the fintech and neobanking sectors through direct participation and capital contributions in digital banking initiatives such as Q Yatirim Bankasi A.S. and affiliated electronic money platforms; formed collaborative co-investment structures and dedicated venture capital investment funds (GSYF) in partnership with Hedef Portfoy Yonetimi A.S.; executed paid capital increases to expand its investment balance sheet; and implemented selective portfolio rebalancing through the monetization of mature industrial assets to scale allocations into high-growth software, cyber intelligence, and green energy technology ventures.