Hitit Bilgisayar Hizmetleri A.s. · BIST:HTTBT
Hitit Bilgisayar Hizmetleri A.s — 9M 2025 Earnings Presentation
26 slides from Hitit Bilgisayar Hizmetleri A.s's earnings presentation, Sep 30, 2025
Slide 1: Shaping the Future of Aviation and Travel Technology
Shaping the Future of Aviation and Travel Technology 2025 September Results Presentation www.hitit.com
Slide 2: Hitit At a Glance
Hitit At a Glance The 2nd largest One integrated #1 global leader in Modern and PSS provider in solution suitable new-gen IATA scalable cloud Europe & Africa for all airlines, ARM/NDC platform with and 3rd largest from the smallest technology integrated AI in the world * to the largest standards
Slide 3: Crane Partner Community
Crane Partner Community 51 73 COUNTRIES We meet the needs of Partners in different business models all over the PARTNERS 6 CONTINENTS world
Slide 4: Empowering Global Aviation
Empowering Global Aviation Visualization of Hitit Partner aircraft movements within a 24-hour period based on FlightRadar 24 data
Slide 5: Empowering Global Aviation
Empowering Global Aviation Visualization of destinations served by Hitit Partners based on live airport data within Crane systems
Slide 6: Hitit by Numbers
Hitit by Numbers 2025 9M EBITDA Margin Passenger volumes +2 New, Sales Revenues +2% vs over 2024 9M -1 Suspended Partners +29% over 2024 9M within 2024 9M 2025 9M 31,2M USD 41% +29% 73 Partners
Slide 7: Hitit by Numbers
Hitit by Numbers Integrations with Countries with border Airports served Sales volume different banks and and customs systems through Crane DCS in generated by Hitit alternative payment integrated with Hitit 160 countries Partners in 2024 systems 85+ 102 850+ $8,5 billion
Slide 8: Financial and Other Important Developments
Financial and Other Important Developments Innovative Technology Investments In line with the projects being carried out within the Teknokent regulations, $13,5 million for R&D along with $1,7 million for licenses, hardware, and fixtures were invested in 2025. The effects of these investments, which
Slide 9: Financial Evolution: 9M 2025 revenue exceeded 2024
At the end of the 9M 2025, revenue exceeded the same period for 2024. Financial Evolution (Reporting in USD Functional Currency) As of the end of the 9M 2025, the EBITDA amount was $12,7 million and the EBITDA margin was realized as 41%. Sales were realized 77% in foreign currency, 23% in TL, with t
Slide 10: Forward-Looking Evaluations
Forward - Looking Evaluations In addition to the product and service production, sales and marketing activities carried in line with its growth strategy, the company continues its investments to achieve its goals. Within this framework, as of the end of 2025, below targets are expected on a USD basi
Slide 11: Financial Summary
100,0 90,0 80,0 Financial 70,0 Summary 60,0 50,0 30.09.2024 Functional currency is USD since 30.09.2025 01.01.2020. 40,0 $5,4 million net cash position as 30,0 of September 30, 2025 20,0 %63 %41 %57 %39 10,0 - Net Sales (USD Million) Gross Profit (*) (USD EBITDA Equity Million) (USD Million) (USD Mi
Slide 12: Financial Summary
Currency breakdown (2025) Financial Summary 13% Approximately 77% of sales are in foreign currency (USD or EUR) 25% 23% 2024-9M 2025-9M USD 11% 64% EUR 64% TL Revenue Breakdown(USD) USD % USD % SaaS 15,722 65% 21,253 68% Software Development and 5,823 24% 7,267 23% Geographical breakdown (2025) Main
Slide 13: Financial Summary
Financial Summary Approximately 58% of costs are in TL Cost Breakdown1 Cost Breakdown2 Currency Distribution USD 23,974k by September 2025 USD 23,974k by September 2025 By September 2025 3% %1 6% 4% 4% 11% 5% 9% 8% 10% 9% 8% 27% 17% 38% 13% 23% 14% 12% 24% 66% 55% 55% 55% 51% 66% 54% 67%58% 17% 67%
Slide 14: Key Developments
Key Developments Airline Retailing (Hitit Oxygen) Developments Developed in line with IATA’s ‘‘Modern Airline Retailing with Offers and Hitit Payment Orchestration (HPO) and ADS Developments Orders’’ standards, Hitit Oxygen was launched and went live in June. Since then it has expanded in scope both
Slide 15: Industrial KPIs
Industrial KPIs Change Trends in Key Indicators Revenue Passenger Kilometers (RPK) Evolution 2024 / 2025 Passenger Load Factors (RPK/ASK)
Slide 16: Balance Sheet
Balance Sheet Balance Sheet (USD ‘000) 31.12.2024 30.09.2025 Cash and cash equivalents 8,552 7,982 Financial assets 3,698 3,671 Trade receivables 9,584 11,033 Prepaid expenses 3,047 2,669 Current income tax assets - 3 Other current assets 771 95 Total current assets 25,652 25,453 Property, plant and
Slide 17: Income Statement
Income Statement Income Statement (USD ‘000) 1 January- 30 September 2024 1 January- 30 September 2025 Net sales 24,271 31,231 COGS (-) (13,297) (15,741) Gross profit before D&A 13,940 19,691 Depreciation and amortization 2,966 4,201 Gross profit after D&A 10,974 15,490 Gross profit margin 45% 50% M
Slide 18: Our Projects for a Sustainable World
Our Projects for a Sustainable World Gender Equality Climate & Energy Biodiversity Health Education Steps to strengthen Aiming to mitigate Efforts to protect Projects in Educational equal opportunities in the effects of biodiversity and collaboration projects in our industry through climate change p
Slide 19: Corporate Social Responsibility Projects
Cor porate Social Responsibility Projects We integrate sustainability into our production, business processes, and social projects. By continuously reviewing our ESG strategies, we embrace a sustainability approach that is committed to society, the environment, and ethical principles. Rackets Up Sta
Slide 20: Sustainability Initiatives
Sustainability Initiatives At Hitit, we have taken an important step in our sustainability journey by publishing our first Sustainability Report. In the report, we presented our efforts towards environmental protection, contributing to society, and adopting a transparent management approach within a
Slide 21: Appendix
Appendix Organizational High The Crane Shareholder Structure and Employee Structure Family Current Values Seniority and Satisfaction
Slide 22: Shareholder Structure
Shareholder Structure As of September 30, 2025 %36,20 %22,81 %4,71 %4,34 %4,34 %27,60 Pegasus Hava Fatma Nur Dilek Hakan Özkan Free Float Taşımacılığı Gökman Ovacık Ünlü Dülger A.Ş.
Slide 23: Organizational Structure and Current Values
Organizational Structure and Current Values General Management Application Financial Product Transportation Delivery Infrastructure Sales & Human Technology Engineering Affairs & Strategy Solutions & Operation Marketing Resources & Security Purchasing Total Number of Employees* Gender Education 2025
Slide 24: High Employee Seniority and Satisfaction
High Employee Senior IT Staff Seniority and According to 2025 LinkedIn data, while the average seniority in the top 10 software Satisfaction companies in Türkiye is 2.73 years, this figure is 5.4 years for Hitit employees Seniority and retention of employees above the industry average Experienced Ma
Slide 25: Crane Solutions
Crane Solutions We provide turn-key solutions for every step of the way in air travel.
Slide 26: Thank You
www.hitit.com THANK YOU Reşitpaşa Mah. Katar Cad. No: 4/1 ARI Teknokent 2 İç Kapı No: 601 34469 Maslak, İstanbul, Türkiye
Hitit Bilgisayar Hizmetleri A.Ş. — 9M 2025 Earnings Presentation on 6ix