Kontrolmatik stock: TEIAS imposes a one-year tender ban on Kontrolmatik stock

Published on 10/23/2026 at 00:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 49.00 percent to TRY 4.06 billion in the first half of 2026. Kontrolmatik stock posted a TRY 2.77 billion loss and a TRY 9.05 billion liquidity gap.

Company event and financial results

TEIAS published a one-year tender ban for Kontrolmatik on October 15, 2026, linked to a TRY 376.99 million project.
Revenue reached TRY 4.06 billion in the first half of 2026, down 49.00 percent from the prior-year period.
Kontrolmatik had a TRY 2.77 billion consolidated loss in the first half of 2026.
Market capitalization stood at TRY 1.8 billion on October 22, 2026.

Kontrolmatik, TREKNTR00013, Illustration mit AI erstellt.

Kontrolmatik (ISIN TREKNTR00013) faced a one-year public tender ban after the decision was published on October 15, 2026. According to Yesil Haber, the ban covers all public tenders and is connected to a TRY 376.99 million Ye?ilkent substation project.

What does the tender ban cover?

The decision concerns a project that Kontrolmatik signed with TEIAS on February 16, 2026, for the completion of a 154-kilovolt Ye?ilkent GIS substation. The ban does not automatically terminate existing contracts, but it limits the company's access to new public tenders for one year, according to Yesil Haber.

Three dates show the pressure

On February 16, 2026, Kontrolmatik signed the TRY 376.99 million Ye?ilkent contract. On May 15, 2026, the company sought bank loan restructuring and disclosed missed payments on debt instruments. On October 15, 2026, the public tender ban was published, bringing the project and the company's financing strain into the same market narrative. These three events are detailed by Yesil Haber.

Results sharpen the financial risk

For the six months ended June 30, 2026, Kontrolmatik reported revenue of TRY 4.06 billion, down 49.00 percent from TRY 7.90 billion in the comparable period. The company posted a consolidated net loss of TRY 2.77 billion, compared with a TRY 37.70 million profit in the first half of 2025, according to MarketScreener.

The same report showed second-quarter revenue of TRY 1.12 billion versus TRY 5.04 billion a year earlier, while the quarterly net loss reached TRY 2.01 billion versus TRY 263.32 million. Short-term liabilities exceeded current assets by TRY 9.05 billion as of June 30, 2026, according to Yesil Haber.

Market value and next dates

Kontrolmatik had a market capitalization of TRY 1.8 billion on October 22, 2026. Its latest reported period is the first half of 2026, while the next reporting date and further restructuring milestones remain tied to future company disclosures.

The immediate investor question is whether the tender restriction will affect new project intake while management works through debt payments, liquidity and financial reporting. The tender ban is a new legal constraint; the first-half figures provide the quantified measure of the financial pressure.