Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S.

IBSE:FORTE Stock Report

Market Cap: ₺5.1b

Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi Past Earnings Performance

Past criteria checks 3/6

Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi has been growing earnings at an average annual rate of 58.2%, while the Software industry saw earnings growing at 58.2% annually. Revenues have been growing at an average rate of 33.4% per year. Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi's return on equity is 96.7%, and it has net margins of 105.8%.

Key information

58.24%

Earnings growth rate

-2.28%

EPS growth rate

Software Industry Growth45.39%
Revenue growth rate33.44%
Return on equity96.73%
Net Margin105.76%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

IBSE:FORTE Revenue, expenses and earnings (TRY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,7821,8841486
30 Jun 251,530-149221
31 Mar 251,757-6610918
31 Dec 241,781-8210410
30 Sep 241,525-13512511
30 Jun 241,374-1891068
31 Mar 241,022-45838
31 Dec 2396012677
30 Sep 231,0695678
30 Jun 231,002118536
31 Mar 2386956385
31 Dec 2268555284
31 Dec 212152360
31 Dec 202043140

Quality Earnings: FORTE has a high level of non-cash earnings.

Growing Profit Margin: FORTE became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FORTE's earnings have grown significantly by 58.2% per year over the past 5 years.

Accelerating Growth: FORTE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FORTE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (147.3%).


Return on Equity

High ROE: FORTE's Return on Equity (96.7%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 13:56
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.