Izmir Firca Sanayi ve Ticaret AS

Izmir Firca Sanayi ve Ticaret AS

BBIST:IZFAS
14.30
TRY
-1.58
(-9.95%)
-0.13EPS
11.99BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.09
0.1
0.14
0.21
0.21
0.32
0.59
1.3
1.94
1.98
2.48
2.75
Basic EPS, GAAP
0.01
- -
- -
- -
-0.02
0.02
0.03
-0.05
-0.16
0.07
-0.22
-0.12
Free Cash Flow per Basic Share
- -
-0.02
-0.02
-0.04
0.02
-0.05
0.01
-0.22
-0.13
-0.05
-1.16
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.11
0.12
0.12
0.12
0.1
0.12
0.17
0.69
0.81
1.13
2.26
2.48
Tangible Book Value per Share
0.11
0.12
0.12
0.12
0.1
0.12
0.17
0.68
0.81
1.13
2.26
2.48
Basic Weighted Avg Shares
160
160
160
133
160
160
160
234
234
234
177
191
Sales/Revenue/Turnover
14
16
22
28
34
51
94
304
455
464
440
527
Operating Margin (%)
5.94
6.74
9.27
11.08
8.44
10.22
28.35
15.71
8.54
21.24
-0.63
-1.44
Depreciation Expense
- -
- -
- -
- -
1
1
1
4
11
17
18
18
Net Income, GAAP
1
1
1
- -
-3
2
5
-11
-38
16
-39
-22
Effective Tax Rate (%)
20.43
27.72
21.05
22.19
- -
25.58
28.59
- -
- -
34.23
- -
- -
Profit Margin (%)
6.19
3.4
2.77
0.92
-7.87
4.72
5.08
-3.61
-8.31
3.4
-8.89
-4.27
Working Capital
16
15
19
23
20
18
14
116
100
147
311
321
LT Debt
- -
- -
3
5
6
4
2
5
12
3
- -
1
Total Equity
18
19
19
20
17
19
27
162
190
267
400
440
Return on Invested Capital (%)
- -
3.32
3.52
0.82
- -
10.63
33.41
- -
- -
20.07
- -
- -
Return on Capital (%)
- -
4.73
4.37
1.43
- -
9.78
10.95
- -
- -
11.23
- -
- -
Return on Common Equity (%)
- -
2.93
3.19
1.35
-14.83
13.37
20.6
-11.7
-21.63
6.96
-11.79
-7.19

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
131
87
91
LT Borrowings
- -
2
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
177
177
177
Market Capitalization
10,029
9,178
11,987

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
526
483
524
Cash, Cash Equivalents & STI
107
26
9
Accounts Receivable, Net
186
230
224
Inventories
188
188
216
Total Current Liabilities
215
203
203
Payables & Accruals
- -
- -
- -
ST Debt
131
87
91
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
65.44%
129.41%
49.92%
Free Cash Flow
- -
-331.12%
1,635.06%
Net Income, GAAP
-188.68%
-95.57%
-348.3%
Sales/Revenue/Turnover
50.64%
70.87%
-5.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
118
94
109
11
464
2025
113
123
121
121
440
2026
135
150
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.06
-0.09
0.13
0.07
2025
-0.16
-0.16
-0.11
0.23
-0.22
2026
-0.28
0.06
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
107
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Izmir Turkey
IPO Date
Jul 7, 2014
Business
İzmir Fırça Sanayi ve Ticaret A.Ş. is a Türkiye-based manufacturing enterprise primarily engaged in the design, production, and distribution of painting tools, hardware equipment, and professional cleaning supplies. Founded in 1993 and headquartered in Çiğli, İzmir, the company operates production facilities located within the İzmir Atatürk Organized Industrial Zone (AOSB) and serves commercial, residential, and industrial markets across Türkiye and more than 25 export destinations worldwide. The company categorizes its extensive product offering into three core business lines: Paint and Construction Tools, comprising oil paint brushes, whitewash brushes, trim and edging brushes, radiator brushes, natural and synthetic bristle brushes, mini and standard paint rollers, extension poles, paint trays, masking tapes, paint mixers, and steel masonry tools such as scrapers, spatulas, plastering trowels, notched adhesive trowels, and wire brushes; Cleaning and Janitorial Supplies, consisting of indoor and outdoor brooms, floor and window squeegees, microfiber and cotton mops, wringer buckets, microfiber cleaning cloths, dustpans, and plastic cleaning handles; and Industrial Raw Materials, encompassing extruded synthetic filaments including polyethylene terephthalate (PET), polyvinyl chloride (PVC), and polypropylene (PP) bristle fibers utilized in brush fabrication. The company conducts specialized manufacturing and marketing activities through subsidiaries, including İzmir Rulo Sanayi ve Ticaret A.Ş., which handles integrated roller manufacturing, and İzsan Plastik ve Fırça Sanayi Ticaret A.Ş., which specializes in plastic injection molding and component fabrication. In recent corporate developments, İzmir Fırça finalized a major capital restructuring program in early 2026, tripling its issued share capital from TRY 59,062,500 to TRY 177,187,500 through simultaneous 100% bonus and 100% rights issue transactions registered in March 2026. The company subsequently held an Extraordinary General Assembly in mid-2026 to restructure its board of directors, reappoint corporate governance committees, and update its registered internal directives. In its operations, İzmir Fırça continues to expand its manufacturing automation, broaden its export network across Europe, Central Asia, and the Middle East, and scale its in-house synthetic bristle extrusion capacity to strengthen vertical integration and cost efficiency.