Karsan Otomotiv Sanayii ve Ticaret AS engages in the manufacture and marketing of commercial vehicles. The firm serves such brands, as Renault - Trucks, Peugeot and Citroen. Its product portfolio comprises Karsan minibuses and buses, BredaMenarinibus buses, and Hyundai Truck pickups and light trucks. The company has two production facilities, namely the Akcalar factory, which manufactures buses, as well as is engaged in welding and painting activities, among others, and the OSB (Industrial Zone) factory, which manufactures and paints tractor cabins, as well as manufactures spare parts. The company has two subsidiaries, namely the wholly owned KARSAN USA LLC and the 83%-owned KIRPART OTOMOTIV PARCALARI SAN. VE TIC. A.S., as well as owns 25% shares of KARSAN OTOMOTIV SANAYI MAMULLERI PAZARLAMA A.S. The firm is a part of the Kiraca Group of Companies.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
16,122
16,599
14,224
10,717
5,361
2,100
Revenue Growth (YoY)
26%
17%
33%
100%
155%
21%
Cost of Revenue
11,629
11,999
11,417
8,844
4,632
1,528
Gross Profit
4,493
4,599
2,806
1,872
728
572
Selling, General & Admin
2,194
2,212
1,761
1,508
792
231
Research & Development
47
40
8
12
10
3
Operating Expenses
2,567
2,624
1,967
2,355
769
223
Other Non Operating Income (Expenses)
840
1,387
1,579
1,022
457
-40
Pretax Income
454
400
386
-386
-239
53
Income Tax Expense
235
221
283
-918
-71
-54
Net Income
218
179
72
556
-205
98
Net Income Growth
263%
149%
-87%
-371%
-309%
390%
Shares Outstanding (Diluted)
900
900
900
900
900
900
Shares Change (YoY)
0%
0%
0%
0%
0%
0%
EPS (Diluted)
0.24
0.19
0.08
0.61
-0.22
0.1
EPS Growth
261%
147%
-87%
-370%
-308%
386%
Free Cash Flow
293
293
-1,143
2,376
-1,371
-42
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
27.86%
27.7%
19.72%
17.46%
13.57%
27.23%
Operating Margin
11.94%
11.89%
5.89%
-4.5%
-0.76%
16.57%
Profit Margin
1.35%
1.07%
0.5%
5.18%
-3.82%
4.66%
Free Cash Flow Margin
1.81%
1.76%
-8.03%
22.17%
-25.57%
-2%
EBITDA
2,693
2,743
1,553
59
371
426
EBITDA Margin
16.7%
16.52%
10.91%
0.55%
6.92%
20.28%
D&A For EBITDA
768
768
714
542
412
78
EBIT
1,925
1,975
839
-483
-41
348
EBIT Margin
11.94%
11.89%
5.89%
-4.5%
-0.76%
16.57%
Effective Tax Rate
51.76%
55.25%
73.31%
237.82%
29.7%
-101.88%
Follow-Up Questions
What are Karsan Otomotiv Sanayii ve Ticaret AS's key financial statements?
According to the latest financial statement (Form-10K), Karsan Otomotiv Sanayii ve Ticaret AS has a total asset of $20,788, Net profit of $179
What are the key financial ratios for KRSOF?
Karsan Otomotiv Sanayii ve Ticaret AS's Current ratio is 1.53, has a Net margin is 1.07, sales per share of $18.44.
How is Karsan Otomotiv Sanayii ve Ticaret AS's revenue broken down by segment or geography?
Karsan Otomotiv Sanayii ve Ticaret AS largest revenue segment is Karsan, at a revenue of 6,909,840,000 in the most earnings release.For geography, Overseas is the primary market for Karsan Otomotiv Sanayii ve Ticaret AS, at a revenue of 5,792,259,000.
Is Karsan Otomotiv Sanayii ve Ticaret AS profitable?
yes, according to the latest financial statements, Karsan Otomotiv Sanayii ve Ticaret AS has a net profit of $179
Does Karsan Otomotiv Sanayii ve Ticaret AS have any liabilities?
yes, Karsan Otomotiv Sanayii ve Ticaret AS has liability of 13,555
How many outstanding shares for Karsan Otomotiv Sanayii ve Ticaret AS?
Karsan Otomotiv Sanayii ve Ticaret AS has a total outstanding shares of 900