EKSPO FAKTORİNG A.Ş.
2021 ANNUAL REPORT
Financial Indicators
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Foreign Trade Transactions Financed in 2021
Activities in 2021
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Ekspo Faktoring continued to increase its support to the real economy in 2021 with its strong financial structure, client-oriented approach, and innovative products and services. As a result of its success, the Company increased its shareholders’ equity to TRY 236.8 million and achieved a total financed transaction volume of TRY 1.8 billion.

TURNOVER (THOUSAND TRY)
1,792,200
2021
1,000,000
2020
1,400,000
2019
TOTAL INCOME (THOUSAND TRY)
111,933
2021
62,035
2020
87,106
2019
GROSS PROFIT (THOUSAND TRY)
60,777
2021
24,761
2020
27,512
2019
TOTAL ASSETS (THOUSAND TRY)
457,220
2021
325,321
2020
309,561
2019
TOTAL SHAREHOLDERS’ EQUITY
(THOUSAND TRY)
236,779
2021
193,208
2020
173,787
2019
FACTORING RECEIVABLES
‍(THOUSAND TRY)
431,613
2021
299,265
2020
290,392
2019
FINANCIAL INDICATORS (THOUSAND TRY)
DECEMBER 2019
DECEMBER 2020
DECEMBER 2021
TURNOVER
1,400,000
1,000,000
1,792,200
TOTAL ASSETS
309,561
325,321
457,220
TOTAL SHAREHOLDERS’ EQUITY
173,787
193,208
236,779
PAID-IN CAPITAL
60,000
60,000
60,000
NET WORKING CAPITAL
171,669
190,436
237,956
FACTORING RECEIVABLES
290,392
299,265
431,613
FACTORING PAYABLES
16,316
14,194
7,702
NET ADVANCES TO CLIENTS
274,076
285,071
423,911
BANK & BOND LOANS
116,500
113,931
202,702
TOTAL INCOME
87,106
62,035
111,933
FACTORING INCOME
74,071
44,216
87,602
GROSS PROFIT
27,512
24,761
60,777
NET PROFIT
21,587
19,421
45,511
FINANCIAL DATA (%)
DECEMBER 2019
DECEMBER 2020
DECEMBER 2021
CURRENT RATIO (TIMES)
2.28
2.45
2.07
LIQUIDITY RATIO (TIMES)
2.25
2.44
2.05
NET WORKING CAPITAL/TOTAL ASSETS RATIO
55
59
51
LIQUID ASSETS/TOTAL ASSETS RATIO
98
98
98
DEBTS/ASSETS (INDEBTEDNESS RATIO)
44
41
48
DEBTS/EQUITY (FINANCIAL LEVERAGE RATIO) (TIMES)
0.67
0.59
0.86
FINANCIAL LIABILITIES/TOTAL ASSETS RATIO
44
41
48
INTEREST COVERAGE RATIO (TIMES)
3.21
4.05
3.17
GROSS PROFIT MARGIN
26
15
20
NET PROFIT MARGIN (SALES PROFITABILITY)
10
8
17
RETURN ON EQUITY (EQUITY PROFITABILITY)
17
13
28