Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. — Q1 2025 Earnings Presentation
31 slides from Is Yatirim Menkul Degerler As's earnings presentation, May 12, 2025
Slide 1: ISMEN Performance & Financial Results 2025/3
ISMEN Performance & Financial Results 2025/3 12.05.2025 İş Yatırım | Şirket İçi | Internal
Slide 2: About Us
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 3: About Us: Shareholding, Vision, Mission and Values
About Us Shareholding Structure Vision, Mission and Corporate Values Isbank & Free Float Isbank 29% Group Companies VISION MISSION CORPORATE VALUES %71 To be the leader and • Offer a wide range of • Laws, ethical and governance the most reliable investment banking services abiding investment institu
Slide 4: About Us
About Us TL 94.681 Mn Established in 1996 TL 21.969 Mn 627 as the investment banking arm of İşbank TL 0.5 Mn TL 0.5 Mn 42 Shareholders' Equtiy Total Assets Employees 1996 2025/3 1996 2025/3 1996 2025/3 35 Branches -Inflation adjusted 2025/3 financial figures.
Slide 5: Widespread Branch Network
About Us Widespread Branch Network Ataşehir Taksim Güneşli Beylikdüzü Kalamış Bağdat Caddesi Levent Tuzla Maslak Boğaziçi Maltepe Etiler Nişantaşı Yeşilyurt İstanbul Ankara Çorlu Anadolu Samsun İzmit* Başkent Trabzon Bursa Bursa Ankara Nilüfer/Bursa** Eskişehir Kayseri İzmir Konya* 9 Eylül İzmir Den
Slide 6: Subsidiaries
About Us Subsidiaries MAXIS INVESTMENTS MAXIS VENTURE CAPITAL EFES NPL MANAGEMENT (100.0%) PORTFOLIO MANAGEMENT (85.1%) London headquartered (100.0%) Mainly specializes in managing subsidiary to serve Establish and manage venture banks’ NPLs and restructuring brokerage activities capital investment
Slide 7: Sustainability Highlights
About Us Sustainability Highlights Included in the BIST Sustainability Index since October 2022
Slide 8: BIST Indices that ISMEN included in
About Us BIST Indices that ISMEN included in BIST 100 BIST DIVIDEND BIST FINANCIALS BIST DIVIDEND 25 BIST SUSTAINABILITY BIST 100-30 BIST 500 BIST STARS BIST ALL SHARES BIST BROKERAGE HOUSES
Slide 9: Main Business Lines
About Us Main Business Lines Main Business Lines Brokerage Corporate Finance Investment Advisory Asset Management Research Financial Investments & Trading
Slide 10: Main Macroeconomic Indicators
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 11: Main Macroeconomic Indicators
Main Macroeconomic Indicators GDP & Real Growth CBRT Policy Rate (%) (%) (TL Bn) 60,00 50.000 11,4 12 50,00 47,50 45.000 50,00 46,00 40.000 10 45,00 45,00 43.411 42,50 35.000 40,00 42,50 8 30.000 5,5 30,00 25.000 26.546 6 25,00 5,1 19,00 17,50 20.000 17,00 4 20,00 14,00 15.000 11,25 13,00 1,9 3,2 10
Slide 12: Glance at Capital Markets
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 13: Glance at Capital Markets
Glance at Capital Markets Number of Investors Foreign Investors’ Ownership 70% 9.000 8.000 7.644 60% 6.840 7.000 6.648 49% 50% 6.000 5.505 41% 5.414 38% 37% 37% 5.000 4.328 40% 3.783 30% 4.000 3.075 3.180 3.557 316 323 3.000 252 30% 2.355 1.989 2.000 116 87 77 20% 1.000 0 10% '20 '21 '22 '23 '24 '25
Slide 14: Operational Performance
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 15: Operational Performance: Equities
Operational Performance Equities Equity Market – Borsa Istanbul İş Investment 8.000 10,9% 12,0% 10,3% 10,3% 7.000 9,8% 68.604 9,5% 10,0% 65.481 7.050 8,6% 8,3% 6.000 8,0% 5.000 6.720 35.412 4.000 6,0% 3.000 20.725 18.581 4,0% 15.027 2.941 13.189 2.000 2.026 2.024 2,0% 1.000 1.285 1.255 '20 '21 '22 '
Slide 16: Operational Performance: Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) İş Investment 4.000 14,0% 33.028 13,1% 3.805 11,5% 3.500 12,0% 10,6% 9,8% 3.000 9,5% 9,3% 9,3% 10,0% 23.322 2.500 8,0% 15.775 2.000 2.276 6,0% 10.989 1.500 8.945 1.493 1.444 6.871 4,0% 5.737 1.000 947 500 2,0% 642 535 0 0,0% '20 '
Slide 17: Corporate Finance - Debt Securities Issuances
Operational Performance Corporate Finance - Debt Securities Issuances Debt Securities Issuances - Market İş Investment 60 140 700 1.854 2.000 119 1.813 1.800 120 600 50 1.614 1.600 53,0 52,4 630,0 100 500 1.254 1.294 1.400 40 90 43,5 459,0 1.200 80 400 65 1.000 30 69 300 361,4 50 60 800 488 20 21 19
Slide 18: Corporate Finance – IPOs
Operational Performance Corporate Finance – IPOs Kalyon PV Implements the Solar Technologies Consortium member for 2025/3 11 IPOs with IPO Ratio 11.26% total size of TL 25.3 bn IPO Size TL 3.3 Billion $ 90.7 Million We intermediated Kalyon PV IPO as the consortium leader while participating 11 IPOs
Slide 19: Assets Under Management – Equity Loans
Operational Performance Assets Under Management – Equity Loans AuM - İş Asset Management Equity Loans - İş Investment (TL Mn) 900.000 798 16.000 100% 765 800.000 58 90% 54 14.000 700.000 14.336 80% 12.000 245 70% 600.000 221 441 10.000 10.925 60% 500.000 9.900 36 8.000 50% 400.000 338 170 40% 31 156
Slide 20: Financial Results
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 21: Revenue Generation Structure
Financial Results Revenue Generation Structure Operating Revenues Commission Income Non-Commission Income Brokerage Financial Investments Subsidiaries Equity Loans & Treasury Transactions Domestic International Private Equity Equities Corporate Finance Fixed Income Investment Securities IPOs Trust B
Slide 22: Highlighted Figures That Do Not Cover Inflation Adjustments
Financial Results Highlighted Figures That Do Not Cover Inflation Adjustments İş Investment – Consolidated 2024 2025/3 Change (%) (TL 000) Total Assets 71.897.274 94.175.003 31 Shareholders’ Equity 25.977.748 21.535.910 (17) İş Investment – Consolidated 2024/3 2025/3 Change (%) (TL 000) Operating Re
Slide 23: Glance at Inflation Adjusted Financial Statements
Financial Results Glance at Inflation Adjusted Financial Statements İş Investment - Consolidated (TL 000) 2024* 2025/3 y/y (%) Total Assets 77.769.188 94.681.157 22 Shareholders’ Equity 29.286.960 21.969.294 (25) İş Investment - Consolidated (TL 000) 2024/3* 2025/3 y/y (%) Operating Revenues 6.374.2
Slide 24: Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Operating Revenues (TL 000) 2024/3* 2025/3 y/y (%) Interest, Trading & 4.691.054 4.806.391 2 Financial Investments Brokerage & Financial Services 1.683.174 1.652.936 (2) TOTAL 6.374.228 6.459.327 1 *Restated for the changes in the purchasing power of
Slide 25: Breakdown of Brokerage & Financial Services
Financial Results Breakdown of Brokerage & Financial Services Brokerage & Financial Services 2024/3* 2025/3 y/y (%) (TL 000) Brokerage 1.169.121 975.886 (17) Corporate Finance 102.720 65.463 (36) Asset Management 411.333 611.587 49 TOTAL 1.683.174 1.652.936 (2) *Restated for the changes in the purch
Slide 26: Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses (TL 000) 2024/3* 2025/3 y/y (%) Marketing, Sales and Distribution Expenses** 394.504 437.987 11 General Administrative Expenses 1.173.188 1.473.504 26 TOTAL 1.567.692 1.911.491 22 *Restated for the changes in the purchasing power o
Slide 27: Liquidity and Financial Position
Financial Results Liquidity and Financial Position 2,72 1,64 1,61 1,45 1,32 1,27 0,99 0,97 Current Assets /Short Term Liabilities Current Assets / Total Liabilities Total Liabilities / Equity Short Term Liabilities / Total Liabilities 2024 2025/3
Slide 28: Price Performance & Daily Trading Volume
Financial Results Price Performance & Daily Trading Volume Price Performance - ISMEN Daily Trading Volume (TL) - ISMEN Market Cap. (TL mn) Close Price (TL) 85.000,00 50,00 1.200.000.000 45,00 75.000,00 1.000.000.000 40,00 65.000,00 35,00 800.000.000 55.000,00 30,00 600.000.000 45.000,00 25,00 20,00
Slide 29: Investor Relations
Investor Relations Fatih Mehmet Yılmaz Deputy CEO Phone : +90 0212 350 25 00 Fax : +90 0212 350 25 01 E-mail : fyilmaz@isinvestment.com The Investor Relations is responsible for the timely communication of necessary, accurate, complete, comprehensible and easily accessible information and explanatio
Slide 30: Disclaimer
Disclaimer The information in this report is prepared by “İŞ YATIRIM MENKUL DEGERLER A.S.” (İş Investment) and it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions
Slide 31: ISMEN Performance & Financial Results 2025/3
ISMEN Performance & Financial Results 2025/3 12.05.2025 İş Yatırım | Şirket İçi | Internal
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