{"id":2440,"date":"2026-06-08T14:15:20","date_gmt":"2026-06-08T11:15:20","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2440"},"modified":"2026-06-08T14:19:02","modified_gmt":"2026-06-08T11:19:02","slug":"a1-yenilenebilir-enerji-2026-ilk-eyrek-analizi-ve-990-bedelsiz-artrm","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2440","title":{"rendered":"A1 Yenilenebilir Enerji 2026 \u0130lk \u00c7eyrek Analizi ve 0 Bedelsiz Art\u0131r\u0131m\u0131"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/creators.spotify.com\/pod\/profile\/market-risk-tr\/embed\/episodes\/A1-Yenilenebilir-Enerji-2026-lk-eyrek-Analizi-ve-990-Bedelsiz-Artrm-e3kg69f\/a-acmuh3l\" width=\"400px\" height=\"102px\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"0\"><b class=\"ng-star-inserted\" data-start-index=\"0\">A1 Yenilenebilir Enerji 2026 Birinci \u00c7eyrek \u00d6nemli Geli\u015fmeler<\/b><\/div>\n<ul class=\"ng-star-inserted\">\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"61\"><span class=\"ng-star-inserted\" data-start-index=\"61\">\u015eirket 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde 3,6 milyon TL net d\u00f6nem k\u00e2r\u0131 elde ederek bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6neminde ger\u00e7ekle\u015fen 18,1 milyon TL&#8217;lik net zarar\u0131 geride b\u0131rakt\u0131<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"225\"><span class=\"ng-star-inserted\" data-start-index=\"225\">Has\u0131lat 68,8 milyon TL seviyesinde ger\u00e7ekle\u015firken sat\u0131\u015flar\u0131n maliyetindeki etkin y\u00f6netim sayesinde br\u00fct k\u00e2r ge\u00e7en y\u0131l\u0131n iki kat\u0131na \u00e7\u0131karak 8,8 milyon TL&#8217;ye ula\u015ft\u0131<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"387\"><span class=\"ng-star-inserted\" data-start-index=\"387\">Sermaye Piyasas\u0131 Kurulu \u015firketin 55 milyon TL olan \u00e7\u0131kar\u0131lm\u0131\u015f sermayesinin i\u00e7 kaynaklardan kar\u015f\u0131lanmak suretiyle %990,91 oran\u0131nda art\u0131r\u0131larak 600 milyon TL&#8217;ye \u00e7\u0131kar\u0131lmas\u0131na onay verdi<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"570\"><span class=\"ng-star-inserted\" data-start-index=\"570\">Toplam varl\u0131klar 4,36 milyar TL&#8217;ye y\u00fckselirken \u015firketin \u00f6zkaynaklar\u0131 3,37 milyar TL seviyesinde g\u00fc\u00e7l\u00fc bir g\u00f6r\u00fcn\u00fcm sergiledi<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"693\"><span class=\"ng-star-inserted\" data-start-index=\"693\">Grup T\u00fcrkiye genelinde Manisa Sivas Denizli Aksaray Ankara Alanya ve Konya b\u00f6lgelerinde kurulu g\u00fcne\u015f enerjisi santralleriyle yenilenebilir enerji \u00fcretim kapasitesini korumaya devam ediyor<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"880\"><span class=\"ng-star-inserted\" data-start-index=\"880\">Yat\u0131r\u0131m faaliyetlerinden elde edilen gelirler ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re art\u0131\u015f g\u00f6stererek 13,5 milyon TL seviyesine ula\u015ft\u0131<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"0\"><span class=\"ng-star-inserted\" data-start-index=\"0\">Verdi\u011finiz 3,63 TL hisse fiyat\u0131 ve 31 Mart 2026 tarihli finansal rapor verileri do\u011frultusunda hesaplamalar a\u015fa\u011f\u0131dad\u0131r<\/span><\/div>\n<ul class=\"ng-star-inserted\">\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"117\"><b class=\"ng-star-inserted\" data-start-index=\"117\">Piyasa De\u011feri<\/b><span class=\"ng-star-inserted\" data-start-index=\"130\"> \u015eirketin 55 milyon TL olan sermayesinin %990,91 oran\u0131nda bedelsiz art\u0131r\u0131larak 600 milyon TL&#8217;ye \u00e7\u0131kar\u0131lmas\u0131 29 Nisan 2026 tarihinde onayland\u0131\u011f\u0131 i\u00e7in g\u00fcncel hisse adedi 600 milyondur Buna g\u00f6re piyasa de\u011feri <\/span><b class=\"ng-star-inserted\" data-start-index=\"336\">2.178.000.000 TL<\/b><span class=\"ng-star-inserted\" data-start-index=\"352\"> seviyesindedir<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"367\"><b class=\"ng-star-inserted\" data-start-index=\"367\">Net D\u00f6nem Kar\u0131<\/b><span class=\"ng-star-inserted\" data-start-index=\"381\"> 2026 y\u0131l\u0131n\u0131n ilk \u00fc\u00e7 ayl\u0131k d\u00f6nemini kapsayan konsolide net k\u00e2r <\/span><b class=\"ng-star-inserted\" data-start-index=\"444\">3.618.440 TL<\/b><span class=\"ng-star-inserted\" data-start-index=\"456\"> olarak ger\u00e7ekle\u015fmi\u015ftir<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"479\"><b class=\"ng-star-inserted\" data-start-index=\"479\">Y\u0131ll\u0131k Net Kar De\u011fi\u015fimi<\/b><span class=\"ng-star-inserted\" data-start-index=\"502\"> \u015eirket ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki (1 Ocak &#8211; 31 Mart 2025) 18.136.015 TL net zarardan k\u00e2ra ge\u00e7erek y\u0131ll\u0131k bazda <\/span><b class=\"ng-star-inserted\" data-start-index=\"616\">21.754.455 TL<\/b><span class=\"ng-star-inserted\" data-start-index=\"629\"> tutar\u0131nda pozitif bir de\u011fi\u015fim sergilemi\u015ftir<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"673\"><b class=\"ng-star-inserted\" data-start-index=\"673\">F\/K (Fiyat\/Kazan\u00e7 Oran\u0131)<\/b><span class=\"ng-star-inserted\" data-start-index=\"697\"> Son 12 ayl\u0131k toplam k\u00e2r (98.419.941 TL) \u00fczerinden yap\u0131lan hesaplamaya g\u00f6re F\/K oran\u0131 yakla\u015f\u0131k <\/span><b class=\"ng-star-inserted\" data-start-index=\"792\">22,13<\/b><span class=\"ng-star-inserted\" data-start-index=\"797\"> seviyesindedir<\/span><\/li>\n<li class=\"paragraph list-item normal ng-star-inserted\" data-start-index=\"812\"><b class=\"ng-star-inserted\" data-start-index=\"812\">PD\/DD (Piyasa De\u011feri \/ Defter De\u011feri)<\/b><span class=\"ng-star-inserted\" data-start-index=\"849\"> \u015eirketin 31 Mart 2026 itibar\u0131yla 3.375.599.291 TL olan toplam \u00f6zkaynaklar\u0131na oranla PD\/DD de\u011feri yakla\u015f\u0131k <\/span><b class=\"ng-star-inserted\" data-start-index=\"956\">0,65<\/b><span class=\"ng-star-inserted\" data-start-index=\"960\"> d\u00fczeyindedir<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h1>A1 Yenilenebilir Enerji \u00dcretim A.\u015e. Finansal Brifing Raporu (31 Mart 2026)<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing belgesi, A1 Yenilenebilir Enerji \u00dcretim A.\u015e. ve ba\u011fl\u0131 ortakl\u0131klar\u0131n\u0131n (toplu olarak &#8220;Grup&#8221;) 1 Ocak \u2013 31 Mart 2026 ara hesap d\u00f6nemine ait konsolide finansal performans\u0131n\u0131 ve stratejik konumunu analiz etmektedir. Grup, 2025 y\u0131l\u0131n\u0131n ayn\u0131 d\u00f6neminde kaydedilen 18,1 milyon TL net zarar\u0131n ard\u0131ndan, 2026&#8217;n\u0131n ilk \u00e7eyre\u011finde <b>3,6 milyon TL net d\u00f6nem k\u00e2r\u0131<\/b> a\u00e7\u0131klayarak \u00f6nemli bir finansal geri d\u00f6n\u00fc\u015f ger\u00e7ekle\u015ftirmi\u015ftir. Toplam varl\u0131klar 31 Aral\u0131k 2025&#8217;ten bu yana %3 oran\u0131nda artarak <b>4,37 milyar TL<\/b>&#8216;ye ula\u015fm\u0131\u015ft\u0131r. Grubun \u00f6zkaynaklar\u0131, yabanc\u0131 para \u00e7evrim farklar\u0131n\u0131n etkisiyle 3,38 milyar TL seviyesine y\u00fckselmi\u015ftir. Raporlama d\u00f6nemi sonras\u0131 duyurulan %990,91 oran\u0131ndaki bedelsiz sermaye art\u0131r\u0131m\u0131, Grubun sermaye yap\u0131s\u0131n\u0131 g\u00fc\u00e7lendirme stratejisinin kritik bir par\u00e7as\u0131d\u0131r.<\/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 Operasyonel Yap\u0131<\/h2>\n<h3>Kurulu\u015f ve Unvan De\u011fi\u015fikli\u011fi<\/h3>\n<p>\u015eirket, 2014 y\u0131l\u0131nda kurulmu\u015f olup, 2021 y\u0131l\u0131nda &#8220;Kartal Yenilenebilir Enerji \u00dcretim A.\u015e.&#8221; unvan\u0131n\u0131 alm\u0131\u015ft\u0131r. Nisan 2025 itibar\u0131yla ger\u00e7ekle\u015ftirilen genel kurul onay\u0131 ile ticari unvan\u0131 <b>A1 Yenilenebilir Enerji \u00dcretim A.\u015e.<\/b> olarak de\u011fi\u015ftirilmi\u015ftir. \u015eirket hisselerinin %80&#8217;i halka a\u00e7\u0131k olup Borsa \u0130stanbul\u2019da i\u015flem g\u00f6rmektedir.<\/p>\n<h3>Ba\u011fl\u0131 Ortakl\u0131klar ve \u00dcretim Kapasitesi<\/h3>\n<p>Grup, tamam\u0131 %100 sahiplik oran\u0131na sahip be\u015f ana ba\u011fl\u0131 ortakl\u0131k \u00fczerinden g\u00fcne\u015f enerjisi \u00fcretimi ger\u00e7ekle\u015ftirmektedir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ba\u011fl\u0131 Ortakl\u0131k<\/td>\n<td>Faaliyet B\u00f6lgesi \/ G\u00fcne\u015f Enerji Santralleri (GES)<\/td>\n<td>Kurulu G\u00fc\u00e7 (kWp)<\/td>\n<\/tr>\n<tr>\n<td><b>Alsun \u0130\u015fletme ve Y\u00f6netim A.\u015e.<\/b><\/td>\n<td>Manisa, Sivas (\u0130mamdam\u0131), Denizli, Aksaray<\/td>\n<td>39.465,12<\/td>\n<\/tr>\n<tr>\n<td><b>B\u00fcy\u00fckdere G\u00fcne\u015f Enerji \u00dcretim A.\u015e.<\/b><\/td>\n<td>Ankara (Karata\u015f), Alanya (Karamanlar)<\/td>\n<td>9.445,04<\/td>\n<\/tr>\n<tr>\n<td><b>Makasc\u0131 Enerji \u00dcretim A.\u015e.<\/b><\/td>\n<td>Konya (Yunak)<\/td>\n<td>2.265,12<\/td>\n<\/tr>\n<tr>\n<td><b>Anilin-E Prodok. Yay. Tic. A.\u015e.<\/b><\/td>\n<td>Sivas (\u0130mamdam\u0131)<\/td>\n<td>1.119,36<\/td>\n<\/tr>\n<tr>\n<td><b>Osdes Enerji Elektrik \u00dcretim A.\u015e.<\/b><\/td>\n<td>Sivas (\u0130mamdam\u0131)<\/td>\n<td>1.119,36<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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 (Bilan\u00e7o)<\/h2>\n<p>31 Mart 2026 itibar\u0131yla Grubun konsolide finansal durumu, likit varl\u0131klar\u0131n y\u00f6netimi ve duran varl\u0131k de\u011ferlemeleri ile karakterize edilmektedir.<\/p>\n<h3>Varl\u0131k Yap\u0131s\u0131<\/h3>\n<ul>\n<li><b>D\u00f6nen Varl\u0131klar:<\/b> 257,9 milyon TL (2025 sonu: 237,1 milyon TL).\n<ul>\n<li><b>Nakit ve Nakit Benzerleri:<\/b> 20,4 milyon TL&#8217;ye gerilemi\u015ftir (2025 sonu: 49,6 milyon TL).<\/li>\n<li><b>Finansal Yat\u0131r\u0131mlar:<\/b> Yat\u0131r\u0131m fonu al\u0131mlar\u0131 ile 133,5 milyon TL&#8217;den 188,4 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<\/li>\n<li><b>Duran Varl\u0131klar:<\/b> 4,11 milyar TL. Bu kalemin %99,9&#8217;unu maddi duran varl\u0131klar (GES tesisleri, arazi ve arsalar) olu\u015fturmaktad\u0131r.<\/li>\n<\/ul>\n<h3>Kaynak Yap\u0131s\u0131 ve Y\u00fck\u00fcml\u00fcl\u00fckler<\/h3>\n<ul>\n<li><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> 228,7 milyon TL. Bu miktar\u0131n 206,2 milyon TL&#8217;lik k\u0131sm\u0131 uzun vadeli banka kredilerinin k\u0131sa vadeli taksitlerinden olu\u015fmaktad\u0131r.<\/li>\n<li><b>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> 762,6 milyon TL.\n<ul>\n<li><b>Banka Kredileri:<\/b> 301,5 milyon TL.<\/li>\n<li><b>Ertelenmi\u015f Vergi Y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc:<\/b> 460,8 milyon TL (Duran varl\u0131k yeniden de\u011ferlemelerinden kaynaklanmaktad\u0131r).<\/li>\n<\/ul>\n<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> 3,38 milyar TL. \u00d6denmi\u015f sermaye 55 milyon TL seviyesindedir.<\/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. Operasyonel Performans (Gelir Tablosu)<\/h2>\n<p>2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011fi, Grubun maliyet y\u00f6netimi ve yat\u0131r\u0131m gelirleri sayesinde k\u00e2rl\u0131l\u0131\u011fa ge\u00e7ti\u011fi bir d\u00f6nem olmu\u015ftur.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Gelir Tablosu Kalemi (1 Ocak &#8211; 31 Mart)<\/td>\n<td>2026 (TL)<\/td>\n<td>2025 (TL)<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>68.897.288<\/td>\n<td>71.858.089<\/td>\n<td>-%4,1<\/td>\n<\/tr>\n<tr>\n<td><b>Sat\u0131\u015flar\u0131n Maliyeti<\/b><\/td>\n<td>(60.050.892)<\/td>\n<td>(67.272.990)<\/td>\n<td>-%10,7<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct K\u00e2r<\/b><\/td>\n<td>8.846.396<\/td>\n<td>4.585.099<\/td>\n<td>+%93<\/td>\n<\/tr>\n<tr>\n<td><b>Esas Faaliyet K\u00e2r\u0131\/(Zarar\u0131)<\/b><\/td>\n<td>9.518.250<\/td>\n<td>(4.562.222)<\/td>\n<td>Turnaround<\/td>\n<\/tr>\n<tr>\n<td><b>Yat\u0131r\u0131m Faaliyetlerinden Gelirler<\/b><\/td>\n<td>13.522.798<\/td>\n<td>5.166.229<\/td>\n<td>+%161,7<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nem Net K\u00e2r\u0131\/(Zarar\u0131)<\/b><\/td>\n<td>3.618.440<\/td>\n<td>(18.136.015)<\/td>\n<td>Turnaround<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Kapsaml\u0131 Gelir<\/b><\/td>\n<td>119.298.006<\/td>\n<td>172.303.866<\/td>\n<td>-%30,7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u00d6nemli Not:<\/b> Toplam kapsaml\u0131 gelirin 115,7 milyon TL&#8217;lik k\u0131sm\u0131 yabanc\u0131 para \u00e7evrim farklar\u0131ndan kaynaklanmaktad\u0131r. Bu durum, Grubun fonksiyonel para biriminin ABD Dolar\u0131, sunum para biriminin ise TL olmas\u0131n\u0131n bir sonucudur.<\/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>4. Nakit Ak\u0131\u015f\u0131 ve Yat\u0131r\u0131m Faaliyetleri<\/h2>\n<p>Grubun nakit pozisyonu, operasyonel ihtiya\u00e7lar ve finansal yat\u0131r\u0131mlar nedeniyle d\u00f6nem i\u00e7inde azalma g\u00f6stermi\u015ftir:<\/p>\n<ul>\n<li><b>\u0130\u015fletme Faaliyetleri:<\/b> 63,8 milyon TL net nakit \u00e7\u0131k\u0131\u015f\u0131 kaydedilmi\u015ftir. Bu durum b\u00fcy\u00fck oranda ger\u00e7ekle\u015fmemi\u015f yabanc\u0131 para \u00e7evrim farklar\u0131 d\u00fczeltmelerinden kaynaklanmaktad\u0131r.<\/li>\n<li><b>Yat\u0131r\u0131m Faaliyetleri:<\/b> 46,3 milyon TL net nakit \u00e7\u0131k\u0131\u015f\u0131 olmu\u015ftur. \u015eirket, 135,6 milyon TL de\u011ferinde yeni yat\u0131r\u0131m fonu al\u0131m\u0131 yaparken, 89,3 milyon TL&#8217;lik fon sat\u0131\u015f\u0131 ger\u00e7ekle\u015ftirmi\u015ftir.<\/li>\n<li><b>Finansman Faaliyetleri:<\/b> 34,8 milyon TL net nakit \u00e7\u0131k\u0131\u015f\u0131 ya\u015fanm\u0131\u015ft\u0131r; bunun temel nedeni 29,7 milyon TL&#8217;lik net bor\u00e7 \u00f6demesidir.<\/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. Finansal Ara\u00e7lar ve Risk Y\u00f6netimi<\/h2>\n<p>Grup, faaliyetleri gere\u011fi d\u00f6viz ve kredi risklerine maruz kalmaktad\u0131r.<\/p>\n<ul>\n<li><b>Yabanc\u0131 Para Riski:<\/b> Grup, \u00f6zellikle AVRO ve TL cinsinden kur riskine a\u00e7\u0131kt\u0131r. 31 Mart 2026 itibar\u0131yla <b>net yabanc\u0131 para y\u00fck\u00fcml\u00fcl\u00fck pozisyonu 313,7 milyon TL<\/b>&#8216;dir. USD kar\u015f\u0131s\u0131nda TL&#8217;deki %10&#8217;luk bir de\u011fer kayb\u0131, net k\u00e2r \u00fczerinde 2,6 milyon TL olumlu etki yaparken; AVRO&#8217;daki %10&#8217;luk bir art\u0131\u015f 33,9 milyon TL olumsuz etki yaratmaktad\u0131r.<\/li>\n<li><b>Kredi Yap\u0131s\u0131:<\/b> Finansal bor\u00e7lar\u0131n tamam\u0131 banka kredilerinden olu\u015fmaktad\u0131r. Kredilerin 157,3 milyon TL&#8217;lik k\u0131sm\u0131 USD, 350,4 milyon TL&#8217;lik k\u0131sm\u0131 ise AVRO cinsindendir.<\/li>\n<li><b>Sermaye Riski Y\u00f6netimi:<\/b> Bor\u00e7 \/ \u00f6zkaynak oran\u0131 2025 sonundaki 0,25 seviyesinden <b>0,23<\/b>&#8216;e gerileyerek finansal yap\u0131da iyile\u015fme g\u00f6stermi\u015ftir.<\/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. \u00d6nemli Dipnotlar ve Raporlama Sonras\u0131 Geli\u015fmeler<\/h2>\n<ul>\n<li><b>Personel Say\u0131s\u0131:<\/b> Grup b\u00fcnyesinde \u00e7al\u0131\u015fan personel say\u0131s\u0131 Mart 2026 itibar\u0131yla 4&#8217;t\u00fcr (2025 sonu: 5).<\/li>\n<li><b>Muhasebe Politikas\u0131:<\/b> Grubun ge\u00e7erli (fonksiyonel) para birimi ABD Dolar\u0131 olarak belirlenmi\u015ftir, ancak finansal tablolar yasal zorunluluk gere\u011fi T\u00fcrk Liras\u0131 olarak sunulmaktad\u0131r.<\/li>\n<li><b>Bilan\u00e7o Sonras\u0131 Olay (Sermaye Art\u0131r\u0131m\u0131):<\/b> \u015eirket, 55.000.000 TL olan \u00e7\u0131kar\u0131lm\u0131\u015f sermayesini, tamam\u0131 i\u00e7 kaynaklardan kar\u015f\u0131lanmak suretiyle <b>545.000.000 TL (%990,91 oran\u0131nda)<\/b> art\u0131rma karar\u0131 alm\u0131\u015ft\u0131r. Bu i\u015flem sonucunda sermaye 600.000.000 TL&#8217;ye ula\u015facakt\u0131r.<\/li>\n<li><b>Dava Kar\u015f\u0131l\u0131klar\u0131:<\/b> Grup, 2,85 milyon TL tutar\u0131nda dava kar\u015f\u0131l\u0131\u011f\u0131 ay\u0131rm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2440\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>A1 Yenilenebilir Enerji&#8217;nin 2026 y\u0131l\u0131 ilk \u00e7eyrek finansal sonu\u00e7lar\u0131 \u015firketin operasyonel g\u00fcc\u00fcn\u00fc ve k\u00e2rl\u0131l\u0131\u011fa ge\u00e7i\u015f s\u00fcrecini belgeliyor Ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki zarar pozisyonunu k\u00e2ra \u00e7eviren \u015firket ayn\u0131 zamanda %990 oran\u0131ndaki devasa bedelsiz sermaye art\u0131r\u0131m\u0131 karar\u0131yla yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015fti G\u00fcne\u015f enerjisi odakl\u0131 b\u00fcy\u00fcme stratejisi ve g\u00fcncel bilan\u00e7o verilerinin derinlemesine incelendi\u011fi bu analizde enerji sekt\u00f6r\u00fcndeki yeni f\u0131rsatlar\u0131 ke\u015ffedin<\/p>\n","protected":false},"author":8,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[339],"class_list":["post-2440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-a1yen"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2440","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2440"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2440\/revisions"}],"predecessor-version":[{"id":2442,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2440\/revisions\/2442"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}