Unlu Yatirim Holding A.S.

Unlu Yatirim Holding A.S.

BBIST:UNLU
9.55
TRY
+0.17
(+1.81%)
-1.78EPS
2.39BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.59
11.51
14.65
31.49
113.93
205.93
418.93
287.99
184.02
Basic EPS, GAAP
-0.03
0.07
0.35
0.5
-0.13
0.3
0.89
-1.19
-1.78
Free Cash Flow per Basic Share
- -
- -
-0.08
0.1
-4.92
7.73
-4.84
-1.26
-5.96
Dividend per Share
- -
- -
- -
- -
0.27
0.57
- -
- -
- -
Book Value per Share
1.09
1.19
1.4
3.47
9.54
12.92
17.34
16.02
17.12
Tangible Book Value per Share
0.91
1.02
1.21
3.26
7.87
10.45
14.02
12.47
12.88
Basic Weighted Avg Shares
175
175
175
159
175
175
173
173
175
Sales/Revenue/Turnover
1,853
2,014
2,564
5,009
19,937
36,038
72,668
49,926
32,231
Operating Margin (%)
1.76
1.66
2.11
1.11
1.95
1.57
1.22
0.72
1.52
Depreciation Expense
- -
- -
8
10
41
88
74
72
65
Net Income, GAAP
-5
13
61
80
-23
52
154
-206
-312
Effective Tax Rate (%)
- -
31.41
20.31
27.89
119.71
77.09
50.66
- -
- -
Profit Margin (%)
-0.25
0.63
2.39
1.59
-0.12
0.14
0.21
-0.41
-0.97
Working Capital
103
94
122
432
1,169
1,547
1,697
889
446
LT Debt
74
69
51
29
45
10
180
97
219
Total Equity
190
208
245
607
1,669
2,262
3,047
2,815
3,008
Return on Invested Capital (%)
- -
5.41
9.17
5.94
-4.32
4.18
10.8
- -
- -
Return on Capital (%)
- -
16.07
18.3
15.86
-2.93
4.79
13.39
- -
- -
Return on Common Equity (%)
- -
6.38
27.07
18.71
-2.06
2.66
5.79
-7.03
-11.21

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,853
2,286
2,912
LT Borrowings
75
150
150
LT Finance Leases
22
20
69
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
176
176
176
Market Capitalization
2,898
2,249
2,390

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,212
3,688
4,073
Cash, Cash Equivalents & STI
1,514
1,763
1,592
Accounts Receivable, Net
1,135
1,395
1,825
Inventories
- -
- -
- -
Total Current Liabilities
2,323
2,841
3,627
Payables & Accruals
- -
- -
- -
ST Debt
1,853
2,286
2,912
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
77.13%
-7.61%
Free Cash Flow
- -
-1,270.07%
-74.02%
Net Income, GAAP
- -
-92.29%
-233.98%
Sales/Revenue/Turnover
- -
108.9%
-31.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,312
13,831
15,064
13,986
72,668
2025
15,298
24,401
10,113
6,635
49,926
2026
8,908
6,576
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.1
-0.27
0.63
0.89
2025
-1.08
-0.02
-0.17
-0.05
-1.19
2026
-1.16
-0.41
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
444
Sector
Finance
Industry
Investment managers
Address
Istanbul Turkey
IPO Date
Jun 7, 2021
Website
unluco.com
Business
Ünlü Yatırım Holding A.Ş. (UNLU & Co) is a Turkey-based investment banking, brokerage, and asset management holding company that provides financial advisory, capital markets, wealth management, and alternative investment solutions to corporate, institutional, and high-net-worth individual clients. Founded in 1996 and headquartered in Istanbul, Turkey, the company operates across four core business segments: Corporate Finance, Capital Markets, Asset Management, and Digital Solutions. The company's comprehensive portfolio of products and services includes mergers and acquisitions (M&A) advisory, comprising buy-side and sell-side advisory, strategic partnership structuring, and corporate restructurings; corporate debt advisory, encompassing project finance advisory, loan syndications, and debt restructuring; equity capital markets services, consisting of initial public offerings (IPOs), secondary offerings, private placements, and block trade execution; debt capital markets solutions, including corporate bond issuance, commercial paper underwriting, and sukuk structuring; institutional brokerage and equity research, offering execution services, algorithmic trading, and macroeconomic and equity research across Borsa İstanbul and international financial markets; private wealth management and investment advisory through its DAHA platform, delivering bespoke portfolio advisory, risk profiling, and asset allocation strategies; fund and asset management through ÜNLÜ Portföy Yönetimi A.Ş., managing mutual funds, hedge funds, pension funds, venture capital investment funds (GSYF), and real estate investment funds (GYF); non-performing loan (NPL) and distressed debt management through İstanbul Varlık Yönetim A.Ş., acquiring, resolving, and servicing retail, SME, and commercial non-performing loan portfolios; and digital retail trading and wealth-tech solutions via its proprietary platform, Piapiri, which provides multi-asset trading in Turkish and U.S. equities, automated robo-advisory signals, thematic investment baskets, and model portfolios. The company delivers its services through operating subsidiaries including ÜNLÜ Menkul Değerler A.Ş., ÜNLÜ Portföy Yönetimi A.Ş., İstanbul Varlık Yönetim A.Ş., Piapiri Teknoloji A.Ş., Turkish Alternative Investments Limited (TAIL), UNLU Merchant Bank Limited in the United Kingdom, and UNLU Securities Inc. in the United States. In recent developments, the group expanded its international footprint as its UK subsidiary, formerly UNLU Securities UK Limited, secured regulatory approval from the Financial Conduct Authority (FCA) to expand its operating license and transition into UNLU Merchant Bank Limited, establishing investment banking and individual investment advisory capabilities in London; reorganized its digital investment arm, Piapiri Teknoloji A.Ş., into an independent financial technology enterprise while establishing a strategic partnership with digital banking platform MARS to integrate capital market investment products; acted as lead financial advisor and underwriter on prominent capital market transactions and corporate mandates, including the initial public offerings of Oba Makarna and ebebek, the strategic sale of Getir Araç to TikTak, and the accelerated bookbuild block sale of Rönesans Gayrimenkul Yatırım shares; and continued the expansion of its specialized alternative investment funds across private equity and venture capital.