{"id":959,"date":"2026-02-06T23:28:46","date_gmt":"2026-02-06T20:28:46","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=959"},"modified":"2026-02-07T14:18:20","modified_gmt":"2026-02-07T11:18:20","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-arena-arena-bilgisayar-2025-12-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/959","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #ARENA | Arena Bilgisayar 2025\/12 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/creators.spotify.com\/pod\/profile\/market-risk-tr\/embed\/episodes\/ARENA--Arena-Bilgisayar-202512-Bilano-Analizi-e3eo983\/a-acf73eu\" width=\"400px\" height=\"102px\" frameborder=\"0\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<h1>Sadece Bilgisayar Satm\u0131yorlar: Arena&#8217;n\u0131n 2025 Faaliyet Raporundan Gelece\u011fi \u015eekillendiren 5 Kritik \u0130\u00e7g\u00f6r\u00fc<\/h1>\n<p><b>1. Giri\u015f: Bir Faaliyet Raporundan Daha Fazlas\u0131<\/b><\/p>\n<p>Kurumsal faaliyet raporlar\u0131 genellikle rakamlar\u0131n bo\u011fuculu\u011fu ve teknik terimlerin kurulu\u011fu aras\u0131nda &#8220;s\u0131k\u0131c\u0131&#8221; belgeler olarak alg\u0131lan\u0131r. Ancak Arena Bilgisayar\u2019\u0131n <b>1 Nisan \u2013 31 Aral\u0131k 2025<\/b> d\u00f6nemini kapsayan son raporu, bu \u00f6nyarg\u0131y\u0131 tamamen y\u0131kacak bir d\u00f6n\u00fc\u015f\u00fcm hikayesi anlat\u0131yor. 1991 y\u0131l\u0131nda kurulan ve y\u0131llarca teknoloji distrib\u00fct\u00f6rl\u00fc\u011f\u00fcyle tan\u0131nan Arena, bug\u00fcn kar\u015f\u0131m\u0131za sadece \u00fcr\u00fcn da\u011f\u0131tan bir toptanc\u0131 olarak de\u011fil, teknoloji ekosistemini bizzat in\u015fa eden bir <b>teknoloji mimar\u0131<\/b> olarak \u00e7\u0131k\u0131yor. Bu 9 ayl\u0131k \u00f6zel ge\u00e7i\u015f d\u00f6nemi verileri, \u015firketin geleneksel ticaret yap\u0131s\u0131n\u0131 nas\u0131l bir &#8220;teknoloji laboratuvar\u0131na&#8221; d\u00f6n\u00fc\u015ft\u00fcrd\u00fc\u011f\u00fcn\u00fcn ve k\u00fcresel entegrasyonunu nas\u0131l tamamlad\u0131\u011f\u0131n\u0131n somut kan\u0131tlar\u0131n\u0131 sunuyor.<\/p>\n<p><b>2. Bir &#8220;Toptanc\u0131&#8221;dan Yapay Zeka Laboratuvar\u0131na: Stratejik Verimlilik<\/b><\/p>\n<p>Arena&#8217;n\u0131n ge\u00e7irdi\u011fi en b\u00fcy\u00fck evrim, distrib\u00fct\u00f6r kimli\u011finin \u00fczerine eklenen teknik derinliktir. \u015eirket, art\u0131k T.C. Sanayi ve Teknoloji Bakanl\u0131\u011f\u0131 onayl\u0131 bir <b>Ar-Ge Merkezi<\/b> stat\u00fcs\u00fcne sahip. Bu durum, Arena\u2019y\u0131 sadece ba\u015fkas\u0131n\u0131n geli\u015ftirdi\u011fi donan\u0131m\u0131 satan bir arac\u0131 olmaktan \u00e7\u0131kar\u0131p, kendi teknolojisini \u00fcreten bir yap\u0131ya ta\u015f\u0131yor.<\/p>\n<p>Analitik bir bak\u0131\u015f a\u00e7\u0131s\u0131yla bu hamle sadece prestij de\u011fil, ciddi bir mali strateji i\u00e7eriyor: Ar-Ge merkezi stat\u00fcs\u00fc sayesinde \u015firket, Ar-Ge harcamalar\u0131 i\u00e7in <b>%100 Kurumlar Vergisi indirimi<\/b>, gelir vergisi stopaj\u0131 te\u015fviki ve sigorta primi i\u015fveren hissesi deste\u011fi al\u0131yor. Yani Arena, yapay zeka geli\u015ftirirken ayn\u0131 zamanda operasyonel karl\u0131l\u0131\u011f\u0131n\u0131 da koruyor.<\/p>\n<p>\u015eirketin Ar-Ge vizyonu raporda \u015fu s\u00f6zlerle m\u00fch\u00fcrleniyor:<\/p>\n<p><i>&#8220;Yapay Zeka, B\u00fcy\u00fck Dil Modelleri (LLM), Robotik S\u00fcre\u00e7 Otomasyonu (RPA) gibi tamamen \u015eirket\u2019in kendi uzmanlar\u0131 taraf\u0131ndan geli\u015ftirilen ileri teknoloji alanlar\u0131nda&#8230; teknoloji ekosistemine katk\u0131 sa\u011flanmaya devam edilecektir.&#8221;<\/i><\/p>\n<p><b>3. Stratejik Kabuk De\u011fi\u015fimi: &#8220;Yukko.com&#8221;dan &#8220;Arena Labs&#8221;e<\/b><\/p>\n<p>Arena&#8217;n\u0131n d\u00f6n\u00fc\u015f\u00fcm stratejisi, ba\u011fl\u0131 ortakl\u0131klar\u0131ndaki radikal kimlik de\u011fi\u015fiminde gizli. Eskiden &#8220;Online Elektronik Ticaret Hizmetleri A.\u015e.&#8221; unvan\u0131yla ve &#8220;yukko.com&#8221; markas\u0131yla perakendecilik odakl\u0131 bir yap\u0131 sunan i\u015ftirak, Mart 2025 itibar\u0131yla oyunun kurallar\u0131n\u0131 de\u011fi\u015ftirdi.<\/p>\n<ul>\n<li><b>Eski Faaliyet (D\u00fc\u015f\u00fck Marj):<\/b> \u0130nternet \u00fczerinden son kullan\u0131c\u0131ya elektronik perakendecilik (yukko.com).<\/li>\n<li><b>Yeni Faaliyet (Y\u00fcksek Marj):<\/b> <b>Arena Labs Teknoloji \u00c7\u00f6z\u00fcmleri A.\u015e.<\/b> ad\u0131yla Yapay Zeka ve bilgi teknolojileri odakl\u0131 katma de\u011ferli \u00e7\u00f6z\u00fcmler \u00fcretmek.<\/li>\n<\/ul>\n<p>Bir analizci olarak bu pivotu \u015f\u00f6yle okumal\u0131y\u0131z: Arena, operasyonel maliyetlerin y\u00fcksek ve rekabetin sert oldu\u011fu &#8220;perakende&#8221; alan\u0131ndan \u00e7ekilerek, <b>\u00e7arpan de\u011feri (valuation multiplier)<\/b> \u00e7ok daha y\u00fcksek olan &#8220;yaz\u0131l\u0131m ve servis&#8221; modeline ge\u00e7iyor. Bu, klasik bir distrib\u00fct\u00f6rden bir teknoloji servis sa\u011flay\u0131c\u0131s\u0131na (MSP) d\u00f6n\u00fc\u015f\u00fcm\u00fcn en net kan\u0131t\u0131d\u0131r.<\/p>\n<p><b>4. K\u00fcresel Lig ve Yeni Kaptan: Redington Etkisi<\/b><\/p>\n<p>Arena\u2019n\u0131n arkas\u0131ndaki k\u00fcresel g\u00fc\u00e7 olan <b>Redington (India) Limited<\/b>, %49,40\u2019l\u0131k pay\u0131 ile \u015firketin global vizyonunu beslemeye devam ediyor. Bu b\u00f6l\u00fcmdeki en dikkat \u00e7ekici nokta, yerel bir ba\u015far\u0131n\u0131n k\u00fcresel bir y\u00f6netim sorumlulu\u011funa evrilmesidir. Arena&#8217;n\u0131n uzun y\u0131llar d\u00fcmeninde olan <b>Serkan \u00c7elik<\/b>, Nisan 2025 itibar\u0131yla Redington b\u00fcnyesinde T\u00fcrkiye, Afrika, M\u0131s\u0131r ve Orta Asya (<b>TAEC<\/b>) B\u00f6lge CEO&#8217;lu\u011funa y\u00fckselerek devasa bir co\u011frafyan\u0131n sorumlulu\u011funu \u00fcstlendi.<\/p>\n<p>Geminin yeni kaptan\u0131 ise akademik ve finansal derinli\u011fiyle dikkat \u00e7eken <b>Dr. Kerem G\u00fcnay (SMMM)<\/b> oldu. Bo\u011fazi\u00e7i \u00dcniversitesi mezunu olan ve Bankac\u0131l\u0131k ve Finans alan\u0131nda doktora derecesine sahip olan G\u00fcnay, Nisan 2025&#8217;ten bu yana Genel M\u00fcd\u00fcrl\u00fck koltu\u011funda oturuyor. Bu liderlik de\u011fi\u015fimi, Arena&#8217;n\u0131n yeni d\u00f6nemdeki oda\u011f\u0131n\u0131n finansal disiplinle harmanlanm\u0131\u015f bir teknolojik b\u00fcy\u00fcme olaca\u011f\u0131n\u0131n sinyalini veriyor.<\/p>\n<p><b>5. Finansal Takvimde &#8220;Aha!&#8221; Moment: Neden 1 Nisan?<\/b><\/p>\n<p>Raporun en kritik detaylar\u0131ndan biri, hesap d\u00f6nemindeki radikal de\u011fi\u015fikliktir. Arena, 1 Ocak yerine <b>1 Nisan \u2013 31 Mart<\/b> \u00f6zel hesap d\u00f6nemine ge\u00e7i\u015f yapt\u0131. Bu karar, d\u0131\u015far\u0131dan bak\u0131ld\u0131\u011f\u0131nda teknik bir detay gibi g\u00f6r\u00fcnse de asl\u0131nda derin bir <b>&#8220;K\u00fcresel Uyum&#8221;<\/b> hamlesidir.<\/p>\n<ul>\n<li><b>Stratejik Neden:<\/b> Ana ortak Redington India&#8217;n\u0131n mali takvimi Hindistan finansal d\u00f6ng\u00fcs\u00fc olan Nisan-Mart d\u00f6nemine dayan\u0131yor.<\/li>\n<li><b>Operasyonel Fayda:<\/b> Arena&#8217;n\u0131n raporlama takvimini ana \u015firketle e\u015flemesi, finansal \u015feffafl\u0131\u011f\u0131 ve konsolidasyon h\u0131z\u0131n\u0131 art\u0131r\u0131yor.<\/li>\n<\/ul>\n<p>Bu ge\u00e7i\u015f sebebiyle mevcut raporun 1 Nisan &#8211; 31 Aral\u0131k 2025 tarihlerini kapsayan 9 ayl\u0131k bir <b>&#8220;k\u0131st d\u00f6nem&#8221;<\/b> raporu oldu\u011funu not etmekte fayda var. Kar\u015f\u0131la\u015ft\u0131rmal\u0131 analiz yaparken bu takvim fark\u0131n\u0131 g\u00f6zetmek hayati \u00f6nem ta\u015f\u0131yor.<\/p>\n<p><b>6. S\u00fcrd\u00fcr\u00fclebilirlik: 2026 E\u015fiklerine Haz\u0131rl\u0131k<\/b><\/p>\n<p>Arena, T\u00fcrkiye S\u00fcrd\u00fcr\u00fclebilirlik Raporlama Standartlar\u0131&#8217;na (TSRS) uyum konusunda sadece bug\u00fcn\u00fc de\u011fil, gelece\u011fi de planl\u0131yor. Mevcut durumda; aktif toplam\u0131 <b>500 Milyon TL<\/b> ve net sat\u0131\u015f has\u0131lat\u0131 <b>1 Milyar TL<\/b> olan \u015firketler i\u00e7in zorunlu olan TSRS uyumlu raporlamay\u0131, Arena titizlikle yerine getiriyor.<\/p>\n<p>Ancak bir k\u0131demli analist olarak \u015fu \u00f6ng\u00f6r\u00fcy\u00fc payla\u015fmal\u0131y\u0131m: <b>16 Ocak 2026<\/b> tarihli Resmi Gazete karar\u0131yla bu e\u015fikler s\u0131ras\u0131yla <b>1 Milyar TL<\/b> ve <b>2 Milyar TL<\/b>&#8216;ye y\u00fckseltildi. Arena&#8217;n\u0131n \u015fimdiden S\u00fcrd\u00fcr\u00fclebilirlik Komitesi arac\u0131l\u0131\u011f\u0131yla enerji verimlili\u011fi ve ESG (\u00c7evresel, Sosyal ve Y\u00f6neti\u015fim) risk y\u00f6netimine odaklanmas\u0131, \u015firketin sadece yasal zorunluluklar\u0131 de\u011fil, k\u00fcresel yat\u0131r\u0131mc\u0131 standartlar\u0131n\u0131 da hedefledi\u011fini g\u00f6steriyor.<\/p>\n<p><b>7. Sonu\u00e7: Gelece\u011fin Arenas\u0131&#8217;nda Sizi Ne Bekliyor?<\/b><\/p>\n<p>Arena Bilgisayar&#8217;\u0131n 2025 y\u0131l\u0131 faaliyet raporu, bir &#8220;kutu ta\u015f\u0131y\u0131c\u0131s\u0131n\u0131n&#8221; bir &#8220;ak\u0131l merkezine&#8221; d\u00f6n\u00fc\u015f\u00fcm anatomisidir. \u015eirket art\u0131k sadece \u00fcr\u00fcn satm\u0131yor; Ar-Ge merkezinde yapay zeka tasarl\u0131yor, k\u00fcresel bir devle finansal takvimini birle\u015ftiriyor ve y\u00fcksek marjl\u0131 teknoloji \u00e7\u00f6z\u00fcmlerine odaklan\u0131yor.<\/p>\n<p><b>Kapan\u0131\u015f Sorusu:<\/b> Geleneksel bir ticaret devi, yapay zeka \u00e7a\u011f\u0131nda bir teknoloji laboratuvar\u0131na d\u00f6n\u00fc\u015febiliyorsa; sizin i\u015f modeliniz bu de\u011fi\u015fimin neresinde kalacak?<\/p>\n<p>&nbsp;<\/p>\n<div class=\"paragraph heading3 ng-star-inserted\" role=\"heading\" data-start-index=\"135\" aria-level=\"3\">2025 Finansal Raporlar\u0131ndan \u00d6nemli Ba\u015fl\u0131klar<br \/>\n\u2022 \u00d6zel Hesap D\u00f6nemine Ge\u00e7i\u015f: \u015eirket, 1 Nisan \u2013 31 Mart d\u00f6nemini kapsayan \u00f6zel hesap d\u00f6nemine ge\u00e7mi\u015f olup, 2025 raporlamas\u0131 1 Nisan \u2013 31 Aral\u0131k 2025 tarihlerini kapsayan dokuz ayl\u0131k ara d\u00f6nemi yans\u0131tmaktad\u0131r.<br \/>\n\u2022 Has\u0131lat ve K\u00e2rl\u0131l\u0131k: 31 Aral\u0131k 2025 itibar\u0131yla sona eren dokuz ayl\u0131k d\u00f6nemde toplam has\u0131lat 25.761.240.828 TL olarak ger\u00e7ekle\u015fmi\u015ftir. Ancak \u015firket, bu d\u00f6nemi 924.765.834 TL net d\u00f6nem zarar\u0131 ile kapatm\u0131\u015ft\u0131r.<br \/>\n\u2022 Varl\u0131klar ve Y\u00fck\u00fcml\u00fcl\u00fckler: Grubun toplam varl\u0131klar\u0131 12.205.836.797 TL seviyesindedir. Toplam y\u00fck\u00fcml\u00fcl\u00fckler ise 9.963.120.926 TL olarak kaydedilmi\u015ftir. \u015eirketin toplam \u00f6zkaynaklar\u0131 2.242.715.871 TL&#8217;dir.<br \/>\n\u2022 Stratejik Sat\u0131\u015flar ve Devirler:<br \/>\n\u25e6 Ba\u011fl\u0131 ortakl\u0131k Paynet \u00d6deme Hizmetleri A.\u015e.&#8217;nin %100 hissesi 13 \u015eubat 2025&#8217;te yakla\u015f\u0131k 89,3 milyon ABD Dolar\u0131 bedelle iyzico\u2019ya devredilmi\u015ftir.<br \/>\n\u25e6 Arena Connect\u2019in Vodafone ile olan cihaz da\u011f\u0131t\u0131m s\u00f6zle\u015fmesi 8 milyon ABD Dolar\u0131 + KDV bedelle Datagate Bilgisayar\u2019a devredilmi\u015ftir.<br \/>\n\u2022 Ar-Ge ve Yapay Zeka Odakl\u0131 D\u00f6n\u00fc\u015f\u00fcm: \u015eirket, T.C. Sanayi ve Teknoloji Bakanl\u0131\u011f\u0131 taraf\u0131ndan Ar-Ge Merkezi olarak onaylanm\u0131\u015f; Yapay Zeka, B\u00fcy\u00fck Dil Modelleri (LLM) ve Robotik S\u00fcre\u00e7 Otomasyonu (RPA) alanlar\u0131na odaklanm\u0131\u015ft\u0131r. Ayr\u0131ca &#8220;Arena Labs&#8221; ba\u011fl\u0131 ortakl\u0131\u011f\u0131n\u0131n faaliyet konusu yapay zeka faaliyetleri olarak de\u011fi\u015ftirilmi\u015ftir.<br \/>\n\u2022 Finansman Kaynaklar\u0131: \u015eirket alacaklar\u0131n\u0131n menkul k\u0131ymetle\u015ftirilmesi amac\u0131yla 10 milyar TL limitli Varl\u0131\u011fa Dayal\u0131 Menkul K\u0131ymet (VDMK) ihra\u00e7 tavan\u0131 izni alm\u0131\u015ft\u0131r.<\/div>\n<p>&nbsp;<\/p>\n<h1>Arena Bilgisayar Bilgilendirme Raporu (1 Nisan \u2013 31 Aral\u0131k 2025)<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Arena Bilgisayar Sanayi ve Ticaret A.\u015e.&#8217;nin 1 Nisan 2025 ile 31 Aral\u0131k 2025 tarihleri aras\u0131ndaki \u00f6zel hesap d\u00f6nemine ait faaliyetlerini, kurumsal yap\u0131s\u0131n\u0131 ve stratejik geli\u015fimini \u00f6zetlemektedir. 1991 y\u0131l\u0131nda kurulan ve T\u00fcrkiye&#8217;nin lider teknoloji sa\u011flay\u0131c\u0131s\u0131 olmay\u0131 hedefleyen \u015eirket, bilgisayar, t\u00fcketici elektroni\u011fi ve telekom\u00fcnikasyon \u00fcr\u00fcnlerinin toptan ticareti alan\u0131nda faaliyet g\u00f6stermektedir. \u015eirket, Redington Grubu&#8217;nun stratejik ortakl\u0131\u011f\u0131 alt\u0131nda, teknoloji ekosistemine katma de\u011ferli hizmetler sunan bir platform olarak konumlanm\u0131\u015ft\u0131r. Raporlama d\u00f6nemindeki en kritik geli\u015fmeler aras\u0131nda \u00f6zel hesap d\u00f6nemine ge\u00e7i\u015f, Ar-Ge merkezi onay\u0131 ve yapay zeka odakl\u0131 stratejik d\u00f6n\u00fc\u015f\u00fcm yer almaktad\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>1.1. Genel Bilgiler ve Faaliyet Konusu<\/h3>\n<p>Arena Bilgisayar, teknoloji \u00fcr\u00fcnlerinin tedarik edilmesi ve geni\u015f sat\u0131\u015f a\u011f\u0131 vas\u0131tas\u0131yla T\u00fcrkiye ve KKTC&#8217;deki m\u00fc\u015fterilere ula\u015ft\u0131r\u0131lmas\u0131 s\u00fcre\u00e7lerini y\u00f6netmektedir.<\/p>\n<ul>\n<li><b>Kurulu\u015f Y\u0131l\u0131:<\/b> 1991<\/li>\n<li><b>Borsa Kodu:<\/b> ARENA (\u0130lk i\u015flem tarihi: 02.11.2000)<\/li>\n<li><b>Merkez:<\/b> Ka\u011f\u0131thane, \u0130stanbul (Ocak 2026 itibar\u0131yla tescilli yeni adres).<\/li>\n<li><b>Personel Yap\u0131s\u0131:<\/b> 31 Aral\u0131k 2025 itibar\u0131yla 5 Y\u00f6netim Kurulu \u00fcyesi, 6 \u00fcst d\u00fczey y\u00f6netici ve 192 \u00e7al\u0131\u015fandan olu\u015fmaktad\u0131r.<\/li>\n<\/ul>\n<h3>1.2. Vizyon ve Misyon<\/h3>\n<p>\u015eirket, d\u00fcnyadaki teknoloji trendleriyle e\u015f zamanl\u0131 olarak geni\u015f bir \u00fcr\u00fcn yelpazesini pazara sunmay\u0131 ve yat\u0131r\u0131mc\u0131 de\u011ferini art\u0131rmay\u0131 ama\u00e7lamaktad\u0131r. &#8220;S\u00fcrekli de\u011fi\u015fim&#8221; ilkesini benimseyen Arena, teknoloji end\u00fcstrisindeki d\u00f6n\u00fc\u015f\u00fcme liderlik etmeyi hedeflemektedir.<\/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. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h2>\n<p>\u015eirket&#8217;in sermaye yap\u0131s\u0131 istikrarl\u0131 bir g\u00f6r\u00fcn\u00fcm sergilemektedir. 31 Aral\u0131k 2025 itibar\u0131yla ortakl\u0131k tablosu \u015fu \u015fekildedir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak Unvan\u0131<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<td>Pay Tutar\u0131 (TL)<\/td>\n<\/tr>\n<tr>\n<td>Redington Turkey Holdings S.a.r.l.<\/td>\n<td>49,40<\/td>\n<td>49.400.000<\/td>\n<\/tr>\n<tr>\n<td>Di\u011fer (Halka A\u00e7\u0131k ve Di\u011fer)<\/td>\n<td>50,60<\/td>\n<td>50.600.000<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<td><b>100.000.000<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 500.000.000 TL<\/li>\n<li><b>\u00c7\u0131kar\u0131lm\u0131\u015f Sermayesi:<\/b> 100.000.000 TL<\/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 Stratejik Yat\u0131r\u0131mlar<\/h2>\n<p>Arena Bilgisayar, faaliyetlerini farkl\u0131 uzmanl\u0131k alanlar\u0131na sahip be\u015f ana ba\u011fl\u0131 ortakl\u0131k \u00fczerinden y\u00fcr\u00fctmektedir:<\/p>\n<ol>\n<li><b>Arena International FZE (AIFZE):<\/b> Dubai merkezli, bilgi i\u015flem malzemelerinin uluslararas\u0131 ticaretini y\u00fcr\u00fctmektedir.<\/li>\n<li><b>Arena Labs Teknoloji \u00c7\u00f6z\u00fcmleri A.\u015e.:<\/b> Mart 2025&#8217;te yap\u0131lan unvan de\u011fi\u015fikli\u011fi ile yapay zeka faaliyetlerine odaklanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Arena Mobile \u0130leti\u015fim Hizmetleri:<\/b> Grubun mobil telefon ve telekom\u00fcnikasyon cihazlar\u0131 ticaretinin b\u00fcy\u00fck bir k\u0131sm\u0131n\u0131 ger\u00e7ekle\u015ftirmektedir.<\/li>\n<li><b>Paynet (K\u0131br\u0131s) \u00d6deme Hizmetleri Ltd.:<\/b> KKTC&#8217;de \u00f6deme arac\u0131l\u0131k hizmetleri sunmaktad\u0131r.<\/li>\n<li><b>Arena Connect Teknoloji S.A.\u015e.:<\/b> Eski Brightstar T\u00fcrkiye olup, ak\u0131ll\u0131 telefon ve aksesuar da\u011f\u0131t\u0131m\u0131nda uzmanla\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ol>\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. Y\u00f6netim Kurulu ve Komite Yap\u0131lanmas\u0131<\/h2>\n<h3>4.1. Y\u00f6netim Kurulu \u00dcyeleri<\/h3>\n<p>Y\u00f6netim Kurulu, 17 Nisan 2027 tarihine kadar g\u00f6rev yapmak \u00fczere se\u00e7ilmi\u015f tecr\u00fcbeli isimlerden olu\u015fmaktad\u0131r:<\/p>\n<ul>\n<li><b>Keith William Frederick Bradley:<\/b> Y\u00f6netim Kurulu Ba\u015fkan\u0131<\/li>\n<li><b>C\u00fcneyt Gen\u00e7:<\/b> Ba\u015fkan Vekili (Ba\u011f\u0131ms\u0131z \u00dcye)<\/li>\n<li><b>Krishnan Srinivasan Venkata:<\/b> Y\u00f6netim Kurulu \u00dcyesi<\/li>\n<li><b>Bar\u0131\u015f \u00d6zeno\u011flu:<\/b> Y\u00f6netim Kurulu \u00dcyesi (Ba\u011f\u0131ms\u0131z \u00dcye)<\/li>\n<li><b>Serkan \u00c7elik:<\/b> Y\u00f6netim Kurulu \u00dcyesi (Redington Grubu TAEC B\u00f6lge CEO&#8217;su)<\/li>\n<\/ul>\n<h3>4.2. \u0130htisas Komiteleri<\/h3>\n<p>Y\u00f6netim Kurulu b\u00fcnyesinde kurumsal y\u00f6netimin etkinli\u011fini sa\u011flamak amac\u0131yla be\u015f ana komite faaliyet g\u00f6stermektedir:<\/p>\n<ul>\n<li><b>Denetimden Sorumlu Komite:<\/b> D\u00f6nem i\u00e7inde 9 toplant\u0131 yapm\u0131\u015ft\u0131r.<\/li>\n<li><b>Riskin Erken Saptanmas\u0131 Komitesi:<\/b> D\u00f6nem i\u00e7inde 12 toplant\u0131 ile en aktif komite olmu\u015ftur.<\/li>\n<li><b>Kurumsal Y\u00f6netim Komitesi:<\/b> 7 toplant\u0131 ger\u00e7ekle\u015ftirilmi\u015ftir.<\/li>\n<li><b>\u00dccretlendirme ve Aday G\u00f6sterme Komitesi:<\/b> 3 toplant\u0131 yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilirlik Komitesi:<\/b> 5 toplant\u0131 ger\u00e7ekle\u015ftirilmi\u015f ve d\u0131\u015far\u0131dan dan\u0131\u015fmanl\u0131k hizmeti 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>5. Ara\u015ft\u0131rma, Geli\u015ftirme (Ar-Ge) ve S\u00fcrd\u00fcr\u00fclebilirlik<\/h2>\n<h3>5.1. Ar-Ge Merkezi ve \u0130leri Teknoloji<\/h3>\n<p>T.C. Sanayi ve Teknoloji Bakanl\u0131\u011f\u0131 taraf\u0131ndan onayl\u0131 bir <b>Ar-Ge Merkezi<\/b> olarak faaliyet g\u00f6steren Arena, a\u015fa\u011f\u0131daki alanlarda yerli projeler geli\u015ftirmektedir:<\/p>\n<ul>\n<li>Yapay Zeka ve B\u00fcy\u00fck Dil Modelleri (LLM).<\/li>\n<li>Robotik S\u00fcre\u00e7 Otomasyonu (RPA).<\/li>\n<li>5746 say\u0131l\u0131 kanun kapsam\u0131nda gelir vergisi stopaj\u0131 ve kurumlar vergisi indirimi gibi te\u015fviklerden yararlan\u0131lmaktad\u0131r.<\/li>\n<\/ul>\n<h3>5.2. S\u00fcrd\u00fcr\u00fclebilirlik ve TSRS Uyumu<\/h3>\n<p>\u015eirket, T\u00fcrkiye S\u00fcrd\u00fcr\u00fclebilirlik Raporlama Standartlar\u0131 (TSRS) kapsam\u0131ndaki y\u00fck\u00fcml\u00fcl\u00fcklerini yerine getirmektedir. 01.01.2025 &#8211; 31.03.2025 k\u0131st d\u00f6nemine ili\u015fkin s\u0131n\u0131rl\u0131 g\u00fcvence denetiminden ge\u00e7mi\u015f s\u00fcrd\u00fcr\u00fclebilirlik raporu 31.12.2025 tarihinde kamuya a\u00e7\u0131klanm\u0131\u015ft\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>6. Mali Haklar ve \u00d6demeler<\/h2>\n<p>31 Aral\u0131k 2025 tarihinde sona eren d\u00f6nem itibar\u0131yla \u00fcst d\u00fczey y\u00f6netime ve Y\u00f6netim Kurulu \u00fcyelerine sa\u011flanan mali menfaatlerin d\u00f6k\u00fcm\u00fc a\u015fa\u011f\u0131dad\u0131r:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6rev Grubu<\/td>\n<td>\u00d6denen Toplam Tutar (TL)<\/td>\n<\/tr>\n<tr>\n<td>\u00dcst D\u00fczey Y\u00f6netim Personeli<\/td>\n<td>65.864.153<\/td>\n<\/tr>\n<tr>\n<td>Y\u00f6netim Kurulu \u00dcyeleri (Huzur Hakk\u0131)<\/td>\n<td>6.998.969<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>72.863.122<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i>Not: \u00dcst y\u00f6netime yap\u0131lan \u00f6demeler maa\u015f, prim, k\u0131dem ve ihbar tazminatlar\u0131n\u0131 i\u00e7ermektedir. Y\u00f6netim Kurulu \u00fcyelerine performansa dayal\u0131 \u00f6d\u00fcllendirme yap\u0131lmam\u0131\u015f, sadece icra g\u00f6revi olmayan \u00fcyelere huzur hakk\u0131 \u00f6denmi\u015ftir.<\/i><\/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>7. D\u00f6nem \u0130\u00e7indeki \u00d6nemli Geli\u015fmeler<\/h2>\n<ul>\n<li><b>Hesap D\u00f6nemi De\u011fi\u015fikli\u011fi:<\/b> \u015eirket, 2025 y\u0131l\u0131ndan itibaren ge\u00e7erli olmak \u00fczere 1 Nisan \u2013 31 Mart \u00f6zel hesap d\u00f6nemine ge\u00e7i\u015f yapm\u0131\u015ft\u0131r.<\/li>\n<li><b>Esas S\u00f6zle\u015fme Tadili:<\/b> May\u0131s 2025&#8217;te &#8220;Ama\u00e7 ve Konu&#8221; ile &#8220;Faaliyet D\u00f6nemi&#8221; maddelerinde de\u011fi\u015fiklikler yap\u0131larak tescil edilmi\u015ftir.<\/li>\n<li><b>Y\u00f6netim De\u011fi\u015fikli\u011fi:<\/b> Kerem G\u00fcnay, Nisan 2025 itibar\u0131yla Genel M\u00fcd\u00fcrl\u00fck (CEO) g\u00f6revini devralm\u0131\u015ft\u0131r.<\/li>\n<li><b>Mevzuat:<\/b> D\u00f6nem i\u00e7inde \u015eirket faaliyetlerini \u00f6nemli derecede etkileyen bir mevzuat de\u011fi\u015fikli\u011fi ya\u015fanmam\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"959\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>\u00d6zet: Arena Bilgisayar, 2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131 ile teknoloji d\u00fcnyas\u0131ndaki stratejik konumunu g\u00fc\u00e7lendirmeye devam ediyor. 1 Nisan \u2013 31 Aral\u0131k 2025 d\u00f6neminde 25,7 milyar TL has\u0131lat elde eden \u015firket, Paynet hisselerinin sat\u0131\u015f\u0131 ve Vodafone s\u00f6zle\u015fme devri gibi hamlelerle i\u015fletme sermayesini optimize etmi\u015ftir. Resmi Ar-Ge Merkezi unvan\u0131yla yapay zeka ve robotik s\u00fcre\u00e7 otomasyonuna odaklanan Arena, geleneksel distrib\u00fct\u00f6rl\u00fckten katma de\u011ferli teknoloji sa\u011flay\u0131c\u0131l\u0131\u011f\u0131na ge\u00e7i\u015fini h\u0131zland\u0131r\u0131yor. Finansal tablolar, \u015firketin y\u00fcksek enflasyon d\u00f6neminde \u00f6zkaynak yap\u0131s\u0131n\u0131 koruma ve yenilik\u00e7i finansman ara\u00e7lar\u0131n\u0131 (VDMK) etkin kullanma \u00e7abalar\u0131n\u0131 g\u00f6zler \u00f6n\u00fcne seriyor.<\/p>\n","protected":false},"author":1,"featured_media":972,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[213],"class_list":["post-959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-arena"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/959","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=959"}],"version-history":[{"count":3,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/959\/revisions"}],"predecessor-version":[{"id":962,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/959\/revisions\/962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/972"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}