{"id":2239,"date":"2026-04-29T03:40:12","date_gmt":"2026-04-29T00:40:12","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2239"},"modified":"2026-05-02T00:32:48","modified_gmt":"2026-05-01T21:32:48","slug":"marka-2026-03-faaliyet-raporu-analizi-marka-yatrm-holding","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2239","title":{"rendered":"\ud83d\udd35 MARKA 2026-03 Faaliyet Raporu Analizi | Marka Yat\u0131r\u0131m Holding"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd35 MARKA 2026-03 Faaliyet Raporu Analizi | Marka Yat\u0131r\u0131m Holding\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/Z3aXEyt-Dgk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>MARKA YATIRIM HOLD\u0130NG A.\u015e. 2025 YILI FAAL\u0130YET ANAL\u0130Z\u0130 VE STRATEJ\u0130K DE\u011eERLEND\u0130RME<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Marka Yat\u0131r\u0131m Holding A.\u015e. i\u00e7in 2025 faaliyet d\u00f6nemi; finansal yap\u0131daki de\u011fi\u015fimler, teknoloji odakl\u0131 yeni yat\u0131r\u0131mlar ve \u00f6nemli kurumsal y\u00f6netim d\u00f6n\u00fc\u015f\u00fcmleri ile karakterize edilmi\u015ftir. \u015eirket, 2025 y\u0131l\u0131nda has\u0131lattaki d\u00fc\u015f\u00fc\u015fe ra\u011fmen yat\u0131r\u0131m faaliyetlerinden elde edilen gelirlerin katk\u0131s\u0131yla <b>61,8 milyon TL net d\u00f6nem k\u00e2r\u0131<\/b> elde etmi\u015ftir. D\u00f6nemin en kritik geli\u015fmeleri aras\u0131nda, MINX projesi ile GameFi sekt\u00f6r\u00fcne y\u00f6nelik stratejik y\u00f6nelim, vergi bor\u00e7lar\u0131n\u0131n \u00f6denmesi amac\u0131yla planlanan <b>%300 oran\u0131ndaki bedelli sermaye art\u0131r\u0131m\u0131<\/b> ve faaliyet d\u00f6nemi sonras\u0131nda ger\u00e7ekle\u015fen kapsaml\u0131 y\u00f6netim kurulu de\u011fi\u015fikli\u011fi yer almaktad\u0131r. \u015eirketin finansal oranlar\u0131nda likidite zay\u0131flamas\u0131 g\u00f6zlenmekle birlikte, \u00f6zkaynaklar\u0131n \u00f6denmi\u015f sermayenin \u00fczerinde olmas\u0131 nedeniyle borca bat\u0131kl\u0131k durumunun bulunmad\u0131\u011f\u0131 teyit edilmi\u015ftir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Profil ve Sermaye Yap\u0131s\u0131<\/h2>\n<p>\u015eirket, 2004 y\u0131l\u0131nda kurulmu\u015f olup tarihsel s\u00fcre\u00e7te unvan ve stat\u00fc de\u011fi\u015fiklikleri ya\u015fayarak yat\u0131r\u0131m holding yap\u0131s\u0131na kavu\u015fmu\u015ftur.<\/p>\n<ul>\n<li><b>B\u0130ST Kodu:<\/b> MARKA<\/li>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 100.000.000 TL<\/li>\n<li><b>\u00c7\u0131kar\u0131lm\u0131\u015f Sermaye:<\/b> 20.990.000 TL<\/li>\n<li><b>Halka A\u00e7\u0131kl\u0131k Oran\u0131:<\/b> %96,72 (31.12.2025 itibar\u0131yla)<\/li>\n<\/ul>\n<h3>Ortakl\u0131k Yap\u0131s\u0131 ve \u0130mtiyazlar<\/h3>\n<p>Hisseler A ve B grubu olarak ikiye ayr\u0131lm\u0131\u015ft\u0131r. A grubu paylar y\u00f6netimin se\u00e7iminde imtiyaza sahip olup, her bir pay 15 oy hakk\u0131 tan\u0131rken, B grubu paylar 1 oy hakk\u0131na sahiptir. Sermaye da\u011f\u0131l\u0131m\u0131nda halka a\u00e7\u0131k k\u0131s\u0131m %99,50, Zeynep A\u015fk\u0131n Korkmaz ise %0,50 paya sahiptir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Durum Analizi<\/h2>\n<p>2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131, operasyonel daralmaya ra\u011fmen yat\u0131r\u0131m odakl\u0131 bir k\u00e2rl\u0131l\u0131k tablosu sunmaktad\u0131r.<\/p>\n<h3>\u00d6zet Finansal Veriler (TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>31.12.2025<\/td>\n<td>31.12.2024<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td>331.434.640<\/td>\n<td>367.480.769<\/td>\n<td>-9,8%<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td>88.088.737<\/td>\n<td>256.638.104<\/td>\n<td>-65,7%<\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td>243.345.903<\/td>\n<td>110.842.665<\/td>\n<td>+119,5%<\/td>\n<\/tr>\n<tr>\n<td><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td>146.338.047<\/td>\n<td>114.950.315<\/td>\n<td>+27,3%<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zkaynaklar<\/b><\/td>\n<td>184.339.054<\/td>\n<td>247.997.255<\/td>\n<td>-25,7%<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>112.568.590<\/td>\n<td>266.197.828<\/td>\n<td>-57,7%<\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem K\u00e2r\u0131<\/b><\/td>\n<td>61.820.819<\/td>\n<td>114.109.453<\/td>\n<td>-45,8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Temel Mali Oranlar ve De\u011ferlendirme<\/h3>\n<ul>\n<li><b>Likidite:<\/b> Cari oran 2,23&#8217;ten 0,60&#8217;a gerileyerek k\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fck y\u00f6netiminin \u00f6nemini art\u0131rm\u0131\u015ft\u0131r.<\/li>\n<li><b>K\u00e2rl\u0131l\u0131k:<\/b> Esas faaliyet zarar\u0131 32,9 milyon TL olmas\u0131na ra\u011fmen, yat\u0131r\u0131m faaliyetlerinden gelen gelirler sayesinde %55 net k\u00e2r marj\u0131 yakalanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Sermaye Yeterlili\u011fi:<\/b> Toplam \u00f6zkaynaklar (184,3 milyon TL), \u00f6denmi\u015f sermayenin (20,9 milyon TL) olduk\u00e7a \u00fczerindedir. TTK 376 kapsam\u0131nda borca bat\u0131kl\u0131k durumu bulunmamaktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Ba\u011fl\u0131 Ortakl\u0131klar ve \u0130\u015ftirakler<\/h2>\n<p>Holding b\u00fcnyesinde medya, g\u0131da, tekstil ve sa\u011fl\u0131k gibi \u00e7e\u015fitli sekt\u00f6rlerde faaliyet g\u00f6steren yap\u0131lar bulunmaktad\u0131r:<\/p>\n<ul>\n<li><b>Ihlamur Kona\u011f\u0131 Huzurevi A.\u015e.:<\/b> 46 \u00e7al\u0131\u015fanla holdingin en y\u00fcksek istihdam sa\u011flayan i\u015ftirakidir; yeni i\u015fletme modelleri ve lisans ba\u015fvurular\u0131 \u00fczerinde \u00e7al\u0131\u015fmaktad\u0131r.<\/li>\n<li><b>Ende\u011fer Medya Y\u00f6netimi A.\u015e.:<\/b> Televizyon ve m\u00fczik program\u0131 \u00fcretimi yapmaktad\u0131r.<\/li>\n<li><b>D\u00fcnya Markalar\u0131 Tekstil A.\u015e.:<\/b> Perakende ma\u011fazac\u0131l\u0131k alan\u0131nda faaliyet g\u00f6stermektedir.<\/li>\n<li><b>G\u00f6ky\u00fcz\u00fc Et S\u00fct G\u0131da A.\u015e.:<\/b> G\u0131da \u00fcr\u00fcnleri sekt\u00f6r\u00fcnde yer almaktad\u0131r.<\/li>\n<li><b>Modern Innovation Network (MINX):<\/b> Kripto varl\u0131k ve GameFi odakl\u0131 teknoloji projesidir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Stratejik Geli\u015fmeler ve Ar-Ge: MINX Projesi<\/h2>\n<p>\u015eirketin 2025 y\u0131l\u0131ndaki en \u00f6nemli Ar-Ge ve yat\u0131r\u0131m oda\u011f\u0131 <b>MINX Token<\/b> projesidir. Proje kapsam\u0131nda kapsaml\u0131 bir strateji de\u011fi\u015fikli\u011fine gidilmi\u015ftir:<\/p>\n<ul>\n<li><b>Segment De\u011fi\u015fikli\u011fi:<\/b> Geleneksel FPS oyunlar\u0131ndan, daha geni\u015f kitlelere hitap eden ve eri\u015filebilirli\u011fi y\u00fcksek olan <b>Mobil ve Web Mini App<\/b> tabanl\u0131 GameFi segmentine ge\u00e7i\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Ekosistem Yap\u0131s\u0131:<\/b> Polygon a\u011f\u0131 \u00fczerinde \u00e7al\u0131\u015fan platform; &#8220;Earn&#8221; (Kazan), &#8220;Games&#8221; (Oyunlar), &#8220;Market&#8221; ve &#8220;Wallet&#8221; (C\u00fczdan) mod\u00fcllerini i\u00e7erecek \u015fekilde tasarlanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Borsa Ba\u015fvurusu:<\/b> Binance Global\u2019de listelenme i\u00e7in resmi ba\u015fvurular ger\u00e7ekle\u015ftirilmi\u015f ve s\u00fcre\u00e7 yak\u0131ndan takip edilmektedir.<\/li>\n<li><b>Hedef:<\/b> NFT ve Token destekli bir oyun yap\u0131s\u0131yla d\u00fc\u015f\u00fck giri\u015f bariyerli bir kullan\u0131c\u0131 deneyimi sunmak.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. \u00d6nemli Hukuki ve \u0130dari Olaylar<\/h2>\n<p>2025 y\u0131l\u0131 ve sonras\u0131ndaki raporlama d\u00f6neminde \u015firket y\u00f6netimini ve itibar\u0131n\u0131 etkileyen kritik geli\u015fmeler ya\u015fanm\u0131\u015ft\u0131r:<\/p>\n<ul>\n<li><b>Pazar Ge\u00e7i\u015fi ve Filli Dola\u015f\u0131m:<\/b> Ana Pazar&#8217;a ge\u00e7i\u015f \u015fartlar\u0131n\u0131 (halka a\u00e7\u0131kl\u0131k oran\u0131n\u0131n %90&#8217;\u0131n alt\u0131na d\u00fc\u015f\u00fcr\u00fclmesi) sa\u011flamak amac\u0131yla yat\u0131r\u0131mc\u0131 talebiyle toplam 1.307.600 adet pay fiili dola\u015f\u0131ma kapat\u0131lm\u0131\u015f, halka a\u00e7\u0131kl\u0131k oran\u0131 %92,59&#8217;a \u00e7ekilmi\u015ftir.<\/li>\n<li><b>Y\u00f6netim Kurulu Ba\u015fkan\u0131 Hakk\u0131ndaki \u0130ddialar:<\/b> Mine Tozlu Bi\u00e7er hakk\u0131ndaki kar\u015f\u0131l\u0131ks\u0131z \u00e7ek davalar\u0131, imzalar\u0131n kendisine ait olmad\u0131\u011f\u0131n\u0131n bilirki\u015fi raporlar\u0131yla ispatlanmas\u0131 sonucu lehine sonu\u00e7lanm\u0131\u015f ve kararlar kesinle\u015fmi\u015ftir.<\/li>\n<li><b>Manip\u00fclasyonla M\u00fccadele:<\/b> Sosyal medya \u00fczerinden manip\u00fclasyon yapan \u015fah\u0131slar hakk\u0131nda su\u00e7 duyurusunda bulunulmu\u015f; bu kapsamda \u0130stanbul Cumhuriyet Ba\u015fsavc\u0131l\u0131\u011f\u0131 taraf\u0131ndan g\u00f6zalt\u0131 kararlar\u0131 verilmi\u015ftir.<\/li>\n<li><b>Sermaye Art\u0131r\u0131m\u0131 Karar\u0131:<\/b> 04.12.2025 tarihinde, yasal vergi bor\u00e7lar\u0131n\u0131n \u00f6denmesi amac\u0131yla %300 oran\u0131nda (62.970.000 TL) bedelli sermaye art\u0131r\u0131m\u0131 karar\u0131 al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. D\u00f6nem Sonras\u0131 Geli\u015fmeler ve Y\u00f6netim De\u011fi\u015fimi<\/h2>\n<p>Raporlama d\u00f6nemi kapand\u0131ktan sonra \u015firketin y\u00f6netim yap\u0131s\u0131nda k\u00f6kl\u00fc bir de\u011fi\u015fim ya\u015fanm\u0131\u015ft\u0131r:<\/p>\n<ul>\n<li><b>Kayyum Atamas\u0131:<\/b> \u0130stanbul 2. Asliye Ticaret Mahkemesi karar\u0131 ile 2023-2024 y\u0131llar\u0131na ili\u015fkin ola\u011fan\u00fcst\u00fc genel kurulu toplamak \u00fczere s\u0131n\u0131rl\u0131 yetkili bir kayyum atanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Y\u00f6netim Kurulu Yenilenmesi:<\/b> 24.03.2026 tarihli Ola\u011fan\u00fcst\u00fc Genel Kurul sonucunda t\u00fcm y\u00f6netim kurulu de\u011fi\u015fmi\u015ftir.<\/li>\n<li><b>Yeni Y\u00f6netim Yap\u0131s\u0131 (24.03.2026 itibar\u0131yla):<\/b>\n<ul>\n<li><b>Y\u00f6netim Kurulu Ba\u015fkan\u0131:<\/b> Umut SIY<\/li>\n<li><b>CEO:<\/b> Yakup Ali GEREDE (13.04.2026 itibar\u0131yla)<\/li>\n<li><b>Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri Direkt\u00f6r\u00fc:<\/b> Muhsin DANI\u015eMAN (24.04.2026 itibar\u0131yla)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. Risk Y\u00f6netimi ve Gelecek Beklentileri<\/h2>\n<p>\u015eirket, operasyonel k\u00e2rl\u0131l\u0131\u011f\u0131 art\u0131rmak ve finansal yap\u0131y\u0131 g\u00fc\u00e7lendirmek ad\u0131na \u015fu \u00f6nlemleri planlamaktad\u0131r:<\/p>\n<ol>\n<li><b>Likidite Y\u00f6netimi:<\/b> K\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fcklerin y\u00f6netimi ve nakit ak\u0131\u015f\u0131n\u0131n optimize edilmesi \u00f6nceliklidir.<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilir Gelir:<\/b> Mevcut i\u015ftiraklerin (\u00f6zellikle ya\u015fl\u0131 bak\u0131m ve teknoloji segmenti) verimlili\u011finin art\u0131r\u0131lmas\u0131 ve gelir kaynaklar\u0131n\u0131n \u00e7e\u015fitlendirilmesi hedeflenmektedir.<\/li>\n<li><b>K\u00e2r Da\u011f\u0131t\u0131m Politikas\u0131:<\/b> \u015eirket, da\u011f\u0131t\u0131labilir net k\u00e2r\u0131n en az %10&#8217;unu nakit veya pay olarak da\u011f\u0131tmay\u0131 hedeflemektedir; ancak bu durum ekonomik ko\u015fullara ve yat\u0131r\u0131m ihtiya\u00e7lar\u0131na g\u00f6re y\u0131ll\u0131k bazda de\u011ferlendirilecektir.<\/li>\n<\/ol>\n<button class=\"simplefavorite-button\" data-postid=\"2239\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Marka Yat\u0131r\u0131m Holding, 2025 y\u0131l\u0131 faaliyet raporuyla hem finansal verilerini hem de teknoloji odakl\u0131 yeni vizyonunu payla\u015ft\u0131. Y\u0131l\u0131 61,8 milyon TL net k\u00e2rla kapatan holding, \u00f6zellikle MINX projesi ile blokzincir ve GameFi d\u00fcnyas\u0131nda iddial\u0131 bir d\u00f6n\u00fc\u015f\u00fcm\u00fcn sinyallerini veriyor. Binance Global listeleme ba\u015fvurusu ve %300 bedelli sermaye art\u0131r\u0131m\u0131 karar\u0131yla dikkat \u00e7eken \u015firketin, y\u00f6netim kadrosundaki yeni isimler ve kazand\u0131\u011f\u0131 hukuki zaferlerle 2026 y\u0131l\u0131na nas\u0131l haz\u0131rland\u0131\u011f\u0131n\u0131 ke\u015ffedin.<\/p>\n","protected":false},"author":4,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[323],"class_list":["post-2239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-marka"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2239"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2239\/revisions"}],"predecessor-version":[{"id":2240,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2239\/revisions\/2240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}