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Odine Solutions Teknoloji Ticaret ve Sanayi AS

Odine Solutions Teknoloji Ticaret ve Sanayi AS

BBIST:ODINE
106.50
TRY
+9.65
(+9.96%)
0.61EPS
3,431.92P/E
212.05BMarket Cap
Odine Solutions Teknoloji Ticaret ve Sanayi AS
BIST:ODINE
(Istanbul Exchange)

Recent

price

106.50

P/E

ratio

3,431.92

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
TRY
1.77
2.97
6.98
11.36
17.05
22.95
Revenue per Share
0.5
1.23
2.26
3.81
0.15
0.56
Basic EPS, GAAP
1.35
-0.53
2.35
-2.04
1.17
-1.35
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
1.1
2.54
6.25
17.14
19.47
20.33
Book Value per Share
0.54
1.45
3.36
10.93
7.92
5.48
Tangible Book Value per Share
111
111
111
106
111
111
Basic Weighted Avg Shares
195
328
771
1,200
1,884
2,536
Sales/Revenue/Turnover
22.92
32.1
29.01
30.87
-8.13
-3.21
Operating Margin (%)
- -
- -
68
126
224
274
Depreciation Expense
56
136
250
402
16
62
Net Income, GAAP
17.74
7
1.59
2.94
25.56
- -
Effective Tax Rate (%)
28.54
41.33
32.45
33.52
0.86
2.44
Profit Margin (%)
66
165
372
1,149
856
811
Working Capital
1
1
- -
23
90
90
LT Debt
122
281
691
1,894
2,206
2,487
Total Equity
- -
48.85
43.61
25.87
-4.93
- -
Return on Invested Capital (%)
- -
73.91
55.66
31.08
1.15
- -
Return on Capital (%)
- -
67.4
51.52
31.11
0.8
2.9
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
27
36
LT Borrowings
- -
6
14
LT Finance Leases
90
56
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
33,647
96,135
212,050

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,840
1,668
1,414
Cash, Cash Equivalents & STI
637
715
774
Accounts Receivable, Net
1,076
767
416
Inventories
46
89
103
Total Current Liabilities
984
832
603
Payables & Accruals
- -
- -
- -
ST Debt
20
27
36
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
16.46%
Free Cash Flow
- -
- -
-160.03%
Net Income, GAAP
- -
- -
-95.96%
Sales/Revenue/Turnover
- -
- -
57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
123
224
158
695
1,200
2025
238
205
449
992
1,884
2026
651
444
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.13
0.91
0.16
3.5
3.81
2025
0.11
-0.42
0.05
0.4
0.15
2026
0.22
-0.12
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Odine Solutions Teknoloji Ticaret ve Sanayi AS (BIST: ODINE) is a Turkey-based technology company specializing in telecommunications software solutions, IT systems integration, and network transformation services. Founded in 1999 and headquartered in Maslak, Istanbul, the company offers a comprehensive portfolio of products and services, including telecommunication voice management software such as Odine Orion (voice management solution), Odine Nebula and Nebula+ (voice cloud and hybrid voice platforms), Odine Gatekeeper (voice fraud management), and Odine Pathfinder (centralized routing server); virtualization and cloudification services; cybersecurity and data privacy solutions; network management and software-defined networking solutions; IT system design, consulting, and maintenance services. Odine serves telecom operators, large enterprises, fintech, public services, and other sectors requiring resilient, AI-powered, cloud-native infrastructures, with operations primarily in Turkey and expanding globally across EMEA and Europe. In recent developments, Odine acquired a 53.03% stake in Montenegro-based Logate D.O.O. in July 2025 to bolster its 5G, fintech, enterprise IT capabilities, accelerate R&D, and enhance European market access, including indirect stakes in Logate's software education subsidiary and Vienna-based marketing entity. The company also entered a strategic partnership with Rakuten Symphony in March 2025 to drive cloud-native network automation, virtualization, and digital transformation for enterprises. Earlier, in April 2024, Odine partnered with Logate to deliver telco solutions in the EMEA region, laying groundwork for subsequent acquisition and emphasizing innovation in open-provider core networks and business transformation. These moves support Odine's focus on next-generation technologies like 6G, AI orchestration, and sustainable network evolution.