Kontrolmatik stock: TEIAS imposed a one-year tender ban. The decision affected Kontrolmatik stock

Published on 10/22/2026 at 02:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 49.00 percent to TRY 4.06 billion. Kontrolmatik stock posted a TRY 1.99 billion loss.

Sanction and financial strain

TEIAS imposed a one-year public tender ban on October 15, 2026.
First-half revenue fell to TRY 4.06 billion from TRY 7.90 billion in 2025.
Kontrolmatik had a TRY 1.9 billion market capitalization as of October 21, 2026.

Kontrolmatik, TREKNTR00013, Illustration mit AI erstellt.

Kontrolmatik (ISIN TREKNTR00013) faced a one-year public tender ban imposed by TEIAS on October 15, 2026, according to Kulis Borsa. The decision affected Kontrolmatik stock after the company and two subsidiaries were barred from public tenders.

One-year ban follows weak results

The sanction came against a difficult operating backdrop. Paratic reported on October 4, 2026, that Kontrolmatik posted TRY 4.06 billion in revenue for the first half of 2026, compared with TRY 7.90 billion in the same period of 2025. Revenue therefore fell 49.00 percent.

The same report showed a TRY 1.99 billion net loss attributable to the parent company, versus a TRY 123.20 million net profit in the first half of 2025. Consolidated net loss reached TRY 2.77 billion, while gross profit declined from TRY 1.32 billion to TRY 135.10 million.

Three dated turning points

On June 17, 2026, Borsa Istanbul closed Kontrolmatik's trading line in the Yildiz Pazar, with trading moving to the Watchlist Market on June 18, according to Kulis Borsa. On October 4, 2026, the first-half figures showed a TRY 1.99 billion parent-company loss, and on October 15, 2026, TEIAS imposed the one-year tender ban.

What does the loss mean for liquidity?

The balance sheet figures point to pressure beyond the income statement. First-half total liabilities stood at TRY 35.45 billion against TRY 41.88 billion of assets, while equity was TRY 6.43 billion, according to Paratic.

Kulis Borsa also reported that Kontrolmatik had missed principal and coupon payments totaling TRY 450.00 million in May 2026 and entered a second default process in June. The company had applied with Pomega for financial restructuring at Halkbank and VakifBank.

Market value and company profile

Kontrolmatik had a TRY 1.9 billion market capitalization as of October 21, 2026. The Istanbul-based industrial group provides engineering, project management, energy infrastructure and technology services, including solutions for power generation, transmission and storage.

The one-year tender restriction and the first-half loss form the central investor context for the company. Revenue, liquidity and access to public projects remain closely connected in the reported figures.