Financial Reports
& Transparency.
Atabaş Group publishes independently audited IFRS financial statements annually. Three consecutive years. Three unqualified opinions. Full reports available for download.
Three years of unqualified audit opinions.
Each report is prepared in accordance with International Financial Reporting Standards (IFRS) and audited under International Standards on Auditing (ISA) by Ventera Bağımsız Denetim A.Ş., a member firm of BOKS International.
Growth confirmed by independent auditors.
The revenue growth from 17.9 million TL in 2023 to 63.6 billion TL in 2025 reflects the activation of trade corridors and supplier relationships built over four preceding decades. The auditors confirmed the numbers; the underlying infrastructure had been constructed long before those numbers appeared.
| Metric | 2023 | 2024 | 2025 | 3-Year Growth |
|---|---|---|---|---|
| Total Revenue | 17.93 M TL | 1.645 B TL | 63.58 B TL | +354,537% |
| Total Assets | 16.37 M TL | 335.09 M TL | 12.91 B TL | +78,799% |
| Shareholders' Equity | 1.74 M TL | 18.20 M TL | 149.38 M TL | +8,484% |
| Net Profit | 0.23 M TL | 1.87 M TL | 116.19 M TL | +50,418% |
| Employees | 8 | 126 | 242 | +2,925% |
| Audit Opinion | Unqualified | Unqualified | Unqualified | 3 Consecutive |
The 0.18% net margin on 2025 revenue is structurally normal for physical commodity trading — a high-volume, low-margin model consistent with established global traders such as Glencore, Trafigura and Vitol. The model prioritises transaction volume, corridor depth and counterparty relationships over margin expansion.
Ventera Bağımsız Denetim A.Ş.
Transparency explained.
Why does Atabaş Group publish financial reports?
Transparency is foundational to international commodity trading. Publishing independently audited IFRS financial statements gives counterparties, compliance teams and institutional partners clear visibility into the company's financial position and performance. Most comparable trading companies at this scale do not publish audited statements. Atabaş Group does, as a matter of policy.
Who conducts the independent audit?
Ventera Bağımsız Denetim A.Ş., a member firm of BOKS International, conducts all independent audits. The lead auditor is Barış Özkurt (Partner). All audits are conducted under International Standards on Auditing (ISA).
What does an "Unqualified Opinion" mean?
An unqualified (clean) opinion means the auditor found no material misstatements and concluded that the financial statements present fairly, in all material respects, the financial position of the company — in accordance with IFRS. It is the highest standard of audit outcome. Atabaş Group has received an unqualified opinion for three consecutive years: 2023, 2024 and 2025.
How often are reports published?
Financial statements are audited and published annually. Atabaş Group has maintained this commitment every year since initiating the IFRS audit program. The 2025 audit was completed on June 3, 2026.
Why is the net margin so low at 0.18%?
Physical commodity trading is a high-volume, low-margin business by nature. This is consistent with the economics of established global commodity traders. The model generates value through transaction volume, corridor access and long-term counterparty relationships — not through margin expansion. A 0.18% net margin on 63.6 billion TL in revenue represents a commercially sound outcome for this business model.