Netas

Netas

Turkey's deep-rooted and competent system integrator. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
TRY2017201820192020202120222023
Revenues--1.3b1.7b2.3b4.0b7.0b
% growth---31 %32 %75 %73 %
EBITDA--68.4m122m(455m)188m384m
% EBITDA margin--5 %7 %(20 %)5 %6 %
Profit--(149m)(71.1m)(668m)(30.6m)99.7m
% profit margin--(11 %)(4 %)(29 %)(1 %)1 %
EV / revenue--1.0x1.2x0.8x1.0x0.6x
EV / EBITDA--19.2x17.1x-4.0x20.5x10.9x
R&D budget--7.4m5.7m14.7m6.6m2.4m
R&D % of revenue--1 %-1 %--
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DateInvestorsAmountRound
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IPO

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Post IPO Equity

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POST IPO SECONDARY
Total Funding-

Recent News about Netas

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More about Netasinfo icon
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Founded in 1967, Netaş Telekomünikasyon A.Ş. is a pioneering company in Turkey's telecommunications sector, initially focused on establishing the country's communication infrastructure. Today, Netaş has evolved into a key player in digital transformation, offering a wide range of services including telecom R&D, smart action management, and software exports. The company serves a diverse clientele, including government agencies, large enterprises, and telecom operators, primarily in Turkey and surrounding regions. Netaş operates in the telecommunications and information technology markets, leveraging its extensive R&D capabilities to develop innovative solutions. The business model revolves around providing high-quality, customized telecom and IT solutions, generating revenue through service contracts, software sales, and consulting fees. Netaş continues to uphold its commitment to quality and innovation, maintaining certifications like ISO45001 for Occupational Health and Safety Management.

Keywords: telecom R&D, digital transformation, smart action management, software exports, Turkey, telecommunications, IT solutions, government clients, enterprise clients, ISO45001.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Netas

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English Ninjas
ACQUISITION by Open English Nov 2021