ASELSAN Elektronik Sanayi ve Ticaret Anonim (ASELS) Q2 2025 earnings summary

Executive summary

• For the six months ended 30 June 2025, revenue reached TL 53.7 billion, up from TL 48.2 billion year-over-year, with net profit attributable to equity holders at TL 6.4 billion, compared to TL 5.1 billion in the prior year period.

• The group maintained a strong equity position at TL 170.2 billion and total assets of TL 290.3 billion as of 30 June 2025.

• The interim financials were reviewed with no material misstatements identified.

Financial highlights

• Gross profit for the period was TL 17.2 billion, up from TL 15.4 billion year-over-year.

• Operating profit rose to TL 17.5 billion from TL 12.6 billion in the prior year period.

• Earnings per 100 shares increased to 140.45 kuruş from 112.51 kuruş year-over-year.

• Cash and cash equivalents at period end were TL 15.8 billion, down from TL 19.4 billion at year-end 2024.

• Total financial liabilities stood at TL 36.8 billion, nearly flat compared to TL 38.0 billion at year-end.

Outlook and guidance

• After the reporting period, new contracts totaling USD 286 million were signed, indicating continued business momentum.