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Financial data sourced from official regulatory filings and verified market data providers. Metrics calculated using GAAP/IFRS standards.

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Last updated: April 2026

KORDS FINANCIAL STATEMENTS

Kordsa Teknik Tekstil A.S. — balance sheet, income statement and cash flow trends

KORDSKordsa Teknik Tekstil A.S.

🇹🇷 Turkey · IS · Consumer Cyclical · Textile Manufacturing

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
020 B40 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue32 B ₺Gross Profit4.3 B ₺ · 13%Operating Income383 M ₺ · 1%Pre-tax Income-1.4 B ₺ · -4%Net Income-1.1 B ₺ · -4%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue32 B ₺-21.0%
Gross Profit4.3 B ₺-14.5%
Operating Income383 M ₺+16.4%
EBITDA2.2 B ₺-0.8%
Net Income-1.1 B ₺—

Peer Comparison· Textile Manufacturing

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
KORDS-21.0%13.4%7.0%-3.5%
AIN-0.1%20.5%3.9%-4.9%
Industry median-9.1%17.7%13.9%-2.6%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
KORDS-21.0%13.4%7.0%-3.5%
KOTON5.3%55.4%17.7%-2.4%
SONME3.1%100.0%71.4%-609.4%
SNPAM-14.0%-2.2%7.8%-41.2%
BOSSA-13.9%20.1%23.3%4.1%
ARSAN63.2%28.9%192.8%-19.1%
Industry median-9.1%17.7%13.9%-2.6%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
020 B40 B60 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets52 B
  • Equity20.3 B ₺39%
  • Current Liabilities17.9 B ₺35%
  • Long-term Liabilities13.8 B ₺27%

Key Figures

YoY change
Total Assets52 B ₺+11.6%
Total Liabilities31.7 B ₺+11.2%
Total Equity20.3 B ₺+12.1%
Cash & ST Investments5.2 B ₺+9.6%
Total Debt19.7 B ₺+2.7%
Net Debt14.4 B ₺+0.3%

Peer Comparison· Textile Manufacturing

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
KORDS1.2197.0%6.4839.0%
AIN2.2065.3%7.4642.0%
Industry median2.0516.1%1.2368.6%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
KORDS1.2197.0%6.4839.0%
KOTON1.02142.0%1.3326.6%
SONME16.080.0%-3.0485.6%
SNPAM4.560.0%-1.2285.8%
BOSSA2.2018.4%1.1473.8%
ARSAN2.952.8%-2.9982.2%
Industry median2.0516.1%1.2368.6%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
02.5 B5 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
02 B4 B5.4 B ₺Operating-2.2 B ₺Investing-3.6 B ₺Financing-383 M ₺Net Change

Key Figures

YoY change
Operating Cash Flow5.4 B ₺+40.5%
Capital Expenditures-880.7 M ₺—
Free Cash Flow3.2 B ₺+30.9%
Dividends Paid0 ₺—

Peer Comparison· Textile Manufacturing

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
KORDS16.9%10.0%2.8%-483.6%
AIN12.9%7.7%5.3%-262.6%
Industry median16.5%3.4%3.9%11.2%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
KORDS16.9%10.0%2.8%-483.6%
KOTON16.0%12.8%3.3%-653.8%
SONME40.0%54.7%0.4%-6.6%
SNPAM56.2%-1.2%11.2%-136.6%
BOSSA22.2%19.2%3.0%547.1%
ARSAN312.7%-352.0%321.0%-1,637.4%
Industry median16.5%3.4%3.9%11.2%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 3, 26. This content is for informational purposes only and is not investment advice.