Turkish IPO company Forte Information Communication Technologies and Defense Industries Inc. announced its consolidated financial results for the third quarter of 2025 in a new statement on the Public Disclosure Platform (KAP). The company achieved a net profit of 1.8 billion Turkish Lira in the first nine months of the year, a strong rebound from losses in the same period the previous year.
Forte, which increased its total assets from 1.75 billion Turkish Lira to 4.7 billion Turkish Lira, attracted attention with its investments in both defense and agricultural technologies.
Strategic Power in the Defense Industry: Milsoft Integration
Forte Technology strategically strengthened its position in the defense industry with the acquisition of MilSOFT Software Technologies Inc. in 2025. The combination of MilSOFT’s experience and Forte’s R&D strengths has concretely supported the company’s goal of becoming a regional technology leader in defense software and tactical data communication systems. This acquisition significantly increased Forte’s total assets to 4.7 billion Turkish Lira and its equity to 1.94 billion Turkish Lira.
Sustainable Transformation in Agricultural Technologies
In addition to growth in the defense sector, Forte continued its strategic investments in agricultural technologies. As a result of these investments, the company’s stock increased from 140 million Turkish Lira to 430 million Turkish Lira. This increase demonstrates the rapid scaling of agricultural technology and R&D projects and the increased investment in Forte’s future.
A Historic Turning Point in Financial Strength
As of 2025, Forte reached a historic milestone not only in operational growth but also in financial strength:
Net profit: 1.8 billion TL
Income from investing activities: Over 2 billion TL
Cash flow from operations: 282 million TL
Cash assets: Increased from 133 million TL to 241 million TL
These indicators demonstrate that Forte has established a sustainable growth model through strategic planning and sound risk management.
Forte Is No Longer Just a Technology Company, It’s a Technology Ecosystem
The Forte Technology Board of Directors released a statement: “2025 marked a turning point in Forte’s corporate history. With the acquisition of MilSOFT, we acquired a strong national brand in the defense industry; we are also leading the digital transformation in agricultural technologies. Today, Forte has tripled its total assets and transformed into a technology ecosystem that has proven its operational and financial strength with a net profit of 1.8 billion Turkish Lira. This structure, which strengthens Turkey’s technological independence in both defense and agriculture, is not only a financial success for us, but also a national responsibility.”