Gsd Holding A.s. · BIST:GSDHO
Gsd Holding A.s — Q4 2024 Earnings Presentation
16 slides from Gsd Holding A.s's earnings presentation, Mar 11, 2025
Slide 1: Q4 2024
Q4 2024 Posted on 11 March 2025
Slide 2: GSD Holding at a glance
1986 Q4 2024 Q4 2024 Established in TL 436 TL 14,964 1986 Million Million Net Income Total Assets Group entities listed on 2 Borsa Istanbul (BIST) 2
Slide 3: GSD Holding Business Lines
GSD Holding Business Lines Finance Maritime GSD Holding operates in finance and marine sectors through its subsidiaries. 3
Slide 4: Finance
Finance - Total Assets (as of Q4 2024) Established in TL 1,727 1999 Million 100% EBIT (as of Q4 2024) Owned by GSD Holding TL 542 Million 4
Slide 5: Finance
Finance - Net Income (as of Q4 2024) Total Assets (as of Q4 2024) TL 108 Million Established in TL 2,580 1994 Million 98.01% Factoring Receivables (as of Q4 2024) Owned by GSD Holding TL 2,484 Million 5
Slide 6: Finance
Finance - Total Assets (as of Q4 2024) Established in TL 214 2024 Million 100%’ü Net Income (as of Q4 2024) GSD Holding’e aittir. TL 22 Million 6
Slide 7: Maritime
Maritime - GSD Marin Net Income Total Comprehensive Established in (as of Q4 2024) Income excluding non- 1992 TL 278 controlling interest (as of Q4 2024) & Million Listed on TL 555 BIST Million GSD Shipping Total Assets Established in (as of Q4 2024) 2016 TL 8,854 Million 7
Slide 8: Consolidated Operating Income
Consolidated Operating Income 1,849.4 Q4 2024 Q4 2024 32.1 Q4 2023 257.7 542.0 Banking 1,036.0 Factoring Marine 701.6 Holding 587.9 Varlık Q4 2024 Q4 2023 Consolidated Operating Income / Business Sector Shares in Consolidated Loss - TL Million Operating Income - TL Million (*) (*) Business Sector Sh
Slide 9: Consolidated Operating Income by Business Segments
Consolidated Operating Income 701.6 Q4 2024 587.9 542.0 Q4 2023 485.7 378.4 Breakdown of 257.7 203.9 Consolidated Operating Income by -27.9 32.1 0.0 the Business Segments Banking Factoring Marine Holding Varlik – TL Million (*) Business Sector Shares are illustrated before intra-group eliminations.
Slide 10: GSD Marin fleet and vessels
Cano Maritime Hako Maritime Nehir Maritime GSD Ship M/V Cano M/V Hako M/V Nehir Finance B.V. Malta Malta Marshall Islands Holland GSD Marin is the first and the only public 384 kDWT – Current cargo carrying capacity All 9 ships that have been in GSD Group are shipping company in Turkey. under manage
Slide 11: GSD Shipping vessels and acquisitions
Mila Maritime Zeyno Dodo Maritime Neco Maritime Lena Maritime Nejat Maritime Guzide Deniz Maritime M/V Mila Maritime M/V Dodo M/V Olivia M/V Lena M/V Nejat Maritime M/V Deniz Malta Malta Malta Malta Marshall Islands Marshall Islands Malta Marshall Islands GSD Shipping B.V. is established as 100% sub
Slide 12: Net Foreign Currency Position
USD Million USD Million 3 Net Foreign 173 Currency Position GSD Holding Unconsolidated GSD Holding Consolidated 12
Slide 13: Financial Highlights: Consolidated Income Statement
Financial Highlights Consolidated Income Statement $ Million TL Million TL Million Changes TL Million Q4 2024 Q4 2024 Q4 2023 % Revenue 124.0 4,065.4 2,681.6 52% Gross Income 64.8 2,124.9 1,350.6 57% Operational Income 56.4 1,849.4 1,036.0 79% EBIT 83.6 2,740.7 1,423.9 92% Tax (net) (8.8) (288.6) (1
Slide 14: Financial Highlights: Consolidated Balance Sheet
Financial Highlights Consolidated Balance Sheet $ Million* TL Milyon TL Milyon Changes TL Million Q4 2024 Q4 2024 Q4 2023 % Cash and cash equivalents 56.5 1,994.2 1,579.5 %26 Financial Investments 86.3 3,043.6 2,091.9 %45 Loans and advances given to customers, net 17.5 618.7 616.7 %0 Factoring recei
Slide 15: Shareholders of GSD Holding as of Q4 2024
Shareholders of GSD Holding as of Q4 2024 25.5% % M. Turgut Yılmaz GSD Holding (buy-backed shares) MTY Delta Denizcilik İç ve Dış Ticaret 59.9% 10.0% Adeo Turizm Otelcilik Ticaret Limited Şirketi 4.5% Other privileged shareholders 0.1% Publicly owned 0.0% 15
Slide 16: Contact Information
Contact Information www.gsdholding.com.tr +90 216 417 10 08 Investor Relations Department Aynur Zorer Tuğrul Duman Investor Relations Manager Financial Affairs Assistant Manager azorer@gsdholding.com.tr tduman@gsdholding.com.tr