1000 Investments Holding (BINHO), the owner of well-known brands such as Bin Ulaşım and Q Charge, has not conducted any free capital increases or dividend distributions since its initial public offering in November 2023. However, the second-quarter balance sheet dated September 20, 2024, indicates a remarkable potential for free capital increase with equity amounting to 14.31 billion TL.
### 1000 Investments Holding Stock News
1000 Investments Holding A.Ş. (BINHO) reported a net profit of 453,285,501 TL in the first half of 2024. In the same period last year, this figure was 4,444,814,259 TL, reflecting a 90% decline in the company’s profit. While revenue increased by 24% during this period, operating profit fell by 51%. Over the six-month period, the company’s equity rose by 3.3% to reach 14.31 billion TL.
### 1000 Investments Holding (BINHO) Free Capital Potential
With a paid-in capital of 47 million TL, the company’s equity stands at 14.31 billion TL. According to the latest balance sheet data, a high free capital potential of 30,354% has emerged. Although this high potential does not necessarily indicate that the company will implement a capital increase, it does attract investor attention. Free capital potential shows how many shares the company could distribute in the event of a future free capital increase.
The decision for a free capital increase or dividend distribution is subject to the approval of the company’s board of directors and the general assembly. Future steps taken by 1000 Investments Holding (BINHO) will be closely monitored by investors.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
