Gedik Yatirim Menkul Degerler A.s. · BIST:GEDIK
Gedik Yatirim Menkul Degerler A.s — Gedik Yatırım — Investor Presentation (February 2025)
38 slides from Gedik Yatirim Menkul Degerler A.s's investor presentation, February 2025
Slide 1: Gedik Yatırım Investor Presentation 2024
Gedik Yatırım Investor Presentation – 2024 February 2025
Slide 2: Disclaimer
Disclaimer The contents of this presentation have been prepared by Gedik Yatırım Menkul Değerler Anonim Şirketi (“the Company”) for the purpose of providing general information available at the date of this presentation. The Company relies on information gathered from sources it believes to be relia
Slide 3: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 3
Slide 4: Our Vision Leadership in All Areas
Our Vision Leadership in All Areas VISION KURUMSAL DEĞERLERİMİZ Gedik Yatırım, together with its highly qualified To be the leader “in every employees, utilises the most advanced technologies; field” of capital markets. To provide products and services specific to investor needs, To raise awareness
Slide 5: Gedik Yatırım at a Glance
Gedik Yatırım at a Glance Shareholder Structure Credit Rating Note Buyback Shares Inveo Yatırım Holding JCR-Eurasia Rating April 2023 April 2024 3.08 % 84.87 % National Note A+ (tr) AA- (tr) Free Float Long Term 12.05 % Appearance Stabil Stabil Capital 1 BN TL National Note J1 (tr) J1+ (tr) Register
Slide 6: Gedik Yatırım Continues to Grow Profitably
Gedik Yatırım Continues to Grow Profitably 721 71 264 72.3 K BN TL +62 +14 10% 27% Number of Number of Total Investor Investor Overall Employees Branches and Liaison Offices 3.2 367 15.5 8.43 BN TL MN TL BN TL BN TL 15% 67% 1% 23% Equities* Net Profit* Total Assets Market Value (ROE: 11%)** Note: Da
Slide 7: Experienced and Expert Board of Directors
Experienced and Expert Board of Directors +16 years of experience +26 years of experience +24 years of experience +39 years of experience +45 years of experience Onur Ersan Gökhan Rüya Ahmet Topaç Akpınar Tosun Eser Aka Vice Chair of the Independent Board Independent Board Chairman & CEO Board and G
Slide 8: Strong and Experienced Management Team
Strong and Experienced Management Team Ersan Akpınar Ergün Koşucu Gülten Esen Mehmet Şengün Sales Management Central Sales Management Marketing Vice Chair of the Board and Senior Deputy General Manager Deputy General Manager Deputy General Manager General Manager Enes Bilgin Coşan Yeğenoğlu Mehmet E
Slide 9: The Widest Branch Network
The Widest Branch Network We are the investment institution with the largest branch network in Türkiye. 34 2 14 3 2 City 2 3 2 4 71 Branches and Liaison Offices 2 2 3 8 3 2 Private Branches 2 2 4 2 We continue to increase the number of our branches every year Note: Includes consolidated data for Ged
Slide 10: We Diversify Our Financial Investments
We Diversify Our Financial Investments Aracılı Aracılı Aracılı Aracılı Aracılı Aracılı Marbaş Menkul k TURPE k Misyon Yatırım k Inveo Ventures k GYT Bilişim k ve Ichain Yatırım k Değerler GSYO* Bankası GSYO Ticaret Holding CMB Licensed Venture Capital BRSA Licenced Venture Capital Financial Crypto A
Slide 11: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 11
Slide 12: We Continue to Differentiate in the Sector with Our Strategic Moves
We Continue to Differentiate in the Sector with Our Strategic Moves Our Private Branch Number Gaining Momentum in Public 1. 2. Investor Seminars Continue 3. Offerings Reached 8 We continue to provide added value to the After the IPOs in 2023, we successfully The first Private Branch structuring of t
Slide 13: We Serve Latest Technology to Our Investors
We Serve Latest Technology to Our Investors We Stand by Investors with Our Digital We Make Investing Easier with Gedik Trader Platforms Gedik Trader Gedik Yatırım Matriks / Mobile Foreks / Ideal We Expand Our Investor Base with Our Collaborations Online UpTrader MetaTrader TEFAS Investment Funds New
Slide 14: We Invest in Sports and Say #InvestInThisShare to Our Country
We Invest in Sports and Say #InvestInThisShare to Our Country Main Sponsor of Türkiye Volleyball National Teams Official Sponsor of Fenerbahçe Football A Team In the second year of our 3-year sponsorship Sultans of the Net Our Conch Sponsorship of • 2023 CEV European Fenerbahçe Football A Team Champ
Slide 15: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 15
Slide 16: Key Consolidated Financial Indicators
Key Consolidated Financial Indicators Gedik Yatırım Consolidated (Million TL) 2023 2024 Change (%) Total Assets 15,301 15,470 1 Equity* 3,776 3,224 (15) Net Profit* 1,114 367 (67) (Million TL) Total Assets (Million TL) Equity* (Million TL) Net Profit* 15.500 4.000 3,776 40% 1.200 1,114 15,470 3.500
Slide 17: Operational Revenue Breakdown
Operational Revenue Breakdown Operational Revenues (Million TL) 2023 2024 Change (%) Interest and Trading Income 1,096 1,409 29 Marketable Securities Valuation and Derivative Market 1,015 110 (89) Transactions Income Service Income 1,545 1,147 (26) Other Service Income, net 399 403 1 TOTAL 4,004 3,0
Slide 18: Operational Expenses & Other Income/Expense from Operating Activities
Operational Expenses & Percentage Breakdown of Other Income/Expense from Operating Activities Operational Expenses Breakdown Other Income/Expense from 2023 2024 Change (%) 2023 2024 Change (%) (Million TL) Operating Activities , Net (Million TL) Marketable Securities Valuation and Marketing, Sales &
Slide 19: Short Term Borrowings, Liquidity and Financial Condition
Short Term Borrowings, Liquidity and Financial Condition Short Term Borrowings Liqiudity and Financial Condition 2023 2024 Change (%) (Million TL) 3.78 Payables to Settlement and 1,136 3,339 194 Custody Bank Issued Debt Instruments 2,174 813 (63) 3.04 Bank Loans 45 1,284 2,782 TOTAL 3,355 5,436 62 P
Slide 20: GEDIK Stock Performance
GEDIK Stock Performance 01.01.2023 - 31.12.2023 01.01.2023 - 21.02.2025 01.01.2024 - 21.02.2024 Rate of Change Rate of Change Rate of Change GEDIK 107% 102% 4% USD/TL 57% 70% 26% BIST 100 Index 32% 92% 15% BIST Intermediary Institutions Index 67% 94% 22% 300 250 In the comparison since the 200 GEDİK
Slide 21: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 21
Slide 22: What Happened at Gedik Yatırım in 2024?
What Happened at Gedik Yatırım in 2024? ✓ The number of consolidated employees increased by 9% compared to the previous year, reached 721 by the end of 2024. LABOUR FORCE ✓ The number of consolidated branches and liaison offices increased by 14, reaching a total of 71. GROWTH ✓ With Akdeniz, Başkent
Slide 23: 2024 Realization of Future Expectations
2024 Realization of Future Expectations 2024 Growth Expectation 1 2024 Expectation Realization Expectation Realization Gross Profit >10% 26% Return of Equity 4 50%-65% 47% 4 Return on Equity = Total net profit for the last 4 quarter / Average equity for the last 5 quarter Other Income, net 2 >10% (1
Slide 24: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 24
Slide 25: What will happen at Gedik Yatırım in 2025?
What will happen at Gedik Yatırım in 2025? INVESTOR BEST MOBILE THE FIRST VENTURE CRYPTO EMPLOYER CAPITAL EXPERIENCE APPLICATION BRAND COMES BANKING CAPITAL ASSETS BRAND TO MIND MARKETS In line with the Priority will be The main launch With its Investor In line with its Inveo Ventures Ichain will go
Slide 26: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 26
Slide 27: Key Consolidated Financial Indicators (Except TAS 29)
Key Consolidated Financial Indicators (Except TAS 29) Gedik Yatırım Consolidated (Million TL) 2023 2024 Change (%) Total Assets 10,471 15,230 45 Equity Held by the Parent Company 2,513 3,026 20 Net Profit 1,359 1,259 (7) (Million TL) 16.000 15,230 90% 14.000 80% 78% 70% 70% 12.000 10,471 60% 10.000
Slide 28: Operational Revenue Breakdown (Except TAS 29)
Operational Revenue Breakdown (Except TAS 29) Operational Revenues (Million TL) 2023 2024 Change (%) Interest and Trading Income 477 1,561 227 Marketable Securities Valuation and Derivative Market 497 276 (44) Transcastions Income Service Income 1,085 867 (20) Other Service Income 315 292 (7) TOTAL
Slide 29: Operational Expenses & Other Income/Expense (Except TAS 29)
Operational Expenses & Percentage Breakdown of Other Income/Expense from Operating Activities (Except TAS 29) Operational Expenses Other Income/Expense from 2023 2024 Change (%) 2023 2024 Change (%) Breakdown (Million TL) Operating Activities (Million TL) Marketable Securities Valuation and Marketin
Slide 30: Short Term Borrowings, Liquidity and Financial Condition (Except TAS 29)
Short Term Borrowings, Liquidity and Financial Condition (Except TAS 29) Short Term Borrowings Liqiudity and Financial Condition 2023 2024 Change (%) (Million TL) Payables to Settlement and 675 3,339 395 Custody Bank 7.09 Issued Debt Instruments 1,789 813 (55) 6.51 Bank Loans 23 1,284 5,483 5.62 TOT
Slide 31: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2024 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 31
Slide 32: Consolidation
Consolidation Million TL 2023 2024 Change (%) Gedik Yatırım Solo Net Profit Gedik Yatırım Solo 1,024 273 (73) Contributions of Subsidiaries 178 149 (16) Subsidiaries Consolidation Consolidation Adjustments (88) (56) (37) Adjustments Consolidated Net Consolidated Net Profit 1,114 367 (67) Profit Cons
Slide 33: TAS 29 Effects on Financial Statements
TAS 29 Effects on Financial Statements Million TL 2023 2024 Prepaid Expenses (Short-term) 6 7 Financial Investments 62 141 Right-of-use Assets 6.5 7 TOTAL TMS29 EFFECT Tangible and Intangible Fixed Assets 94 116 Paid-in Capital (1,326) (393) 2023 Share Premiums (110) (88) Long Term Financial Investm
Slide 34: Statements of Changes in Shareholder's Equity
Statements of Changes in Shareholder’s Equity Million TL 2023 2024 Change (%) Equity at the beginning of the period 2,753 3,776 37 Paid-in Capital 177 495 179 Buyback shares (17) (196) 1,064 Net profit of the parent company 1,040 (747) N/A Differences of adjustment of capital 218 (464) N/A Other cha
Slide 35: Gedik Yatırım - IFRS Financial Statements Summary
Gedik Yatırım - IFRS Financial Statements Summary Balance Sheet Profit and Loss Statement Million TL 2023 2024 Change % Million TL 2023 2024 Change % Current Assets 14,551 14,340 (1) Revenues 140,402 74,663 (47) Cash and Cash Equivalents 1,938 4,533 134 Financial Investments 2,635 2,742 4 Cost of Sa
Slide 36: IFRS Financial Statements Summary (Except TAS 29)
Gedik Yatırım - IFRS Financial Statements Summary (Except TAS 29) Balance Sheet Profit and Loss Statement Million TL 2023 2024 Change % Million TL 2023 2024 Change % Current Assets 10,073 14,349 42 Revenues 76,458 65,083 (15) Cash and Cash Equivalents 1,342 4,533 238 Financial Investments 1,826 2,74
Slide 37: Inveo Yatırım Holding at a Glance (2024)
Inveo Yatırım Holding at a Glance (2024) Shareholding Structure Main Fields of Activity Erhan Topaç Buy-Back Shares STRATEGIC CAPITAL MARKETS BANKING VENTURE CAPITAL INVESTMENTS 81.02 % 0.85 % Publicly Traded Part 18.13 % Capital 1 BN TL 8 95 103 Registered Capital 1 BN TL* Direct Indirect Number of
Slide 38: Thank You
Investor Relations Contact Melek Melis Taşkanal Işık Investor Relations Executive Thank You Diğdem Erdoğan Investor Relations Executive Hakan Duran Investor Relations Assistant Specialist +90 216 453 00 32 gedikyatirimciiliskileri@gedik.com Report Links Annual Reports Financial Tables Gedik Yatırım
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