Message From The CEO
Dear Stakeholders,
Our company, which is one of the players creating value in the finance sector with its investments in non-performing loans, invested a total of TL 3.4 billion during the year and realised its total collection of TL 4 billion 382 million in 2024, an increase of 67.8 percent compared to the previous year. In such a strong course of our collections, we are transforming the resources we have obtained in this process into new investments for the future.
In 2024, the total principal loans of Gelecek Varlık, which took over another TL 9.7 billion of non-performing loans of the banking sector, increased to TL 33.3 billion. Increasing its EBITDA by 58.8 per cent to TL 2 billion 692 million in 2024, Gelecek Varlık managed to increase its shareholders' equity to over TL 2.6 billion and its net profit to TL 1 billion 182 million.
The main characteristics of the sector leader Gelecek Varlık are listening to its customers patiently, asking solution-oriented questions and producing personalised alternatives. In this respect, we attach great importance to establishing good communication with our customers and reaching a compromise. The experience of the Fiba Group, of which we are a part, in digital infrastructure and qualified human resources have also been the factors that differentiate us. Thanks to all these features, we continue to maintain our leadership position and support individuals and companies in repaying their debts with our solution-oriented approach.
Our primary goal in the coming years is to maintain our growth momentum and maintain our sector leadership as the company with the highest market share. In line with this goal, we successfully continue our digitalisation efforts, which we focus on to adapt to the digital world and lead our industry. On the other hand, believing that the concept of social development is important for Turkey's progress in every field, we focus on creating more value for the world, society and people in line with the development of our country, our society, our environment and the changing needs of our stakeholders. With an approach that always puts people at the centre, we continue to work on culture and arts, education and volunteering in our company with the strength we derive from our solid balance sheet.
Without compromising our long-term perspective, we have been focusing on sustainable growth since our establishment and continue to work with the goal of leaving a more livable world to future generations. In addition to strong collection performance and effective financial management, digitalisation, corporate governance and sustainability will be among the topics we will focus on the most in the coming period. In this direction, we will continue to be a company that offers confidence to its investors by continuing our strong growth and profitability-oriented investments in the coming period.
I would like to take this opportunity to thank our customers, stakeholders, shareholders and all our employees who always carry us forward, encourage us to do the best and support us.
Kindest regards,
Z. Sezin Ünlüdoğan
Board Member and General Manager