Turkish Broker With 2,400% Stock Surge Reports Huge Profit Jump

Turkish brokerage Tera Yatirim Menkul Degerler AS, which has seen its share-price surge over the past year, reported a nearly 70-fold jump in profit for 2025.

The Istanbul-based brokerage reported net income of 37.4 billion liras ($856 million) for the year, up from 531.7 million liras in 2024, according to an exchange filing late Friday. Revenue rose more than 50 times, to 414 billion liras. Tera’s portfolio management firm posted 4.68 billion liras profit in the same period, up from 190.5 million liras.