IST:ACSEL Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	519.63	679.97	644.84	328.58	111.03	47.66
Revenue Growth (YoY)	-36.88%	5.45%	96.25%	195.95%	132.96%	11.00%
Cost of Revenue	468.97	635.19	578.71	256.69	86.89	35.02
Gross Profit	50.67	44.78	66.13	71.9	24.14	12.64
Selling, General & Admin	39.13	42.26	41.56	14.67	4.92	3.87
Other Operating Expenses	-4.12	0.58	-1.12	-0.25	-0	0.33
Operating Expenses	35.01	42.84	40.44	14.42	4.92	4.21
Operating Income	15.66	1.93	25.69	57.47	19.22	8.43
Interest Expense	-50.31	-68.5	-38.12	-2.53	-0.1	-0.02
Interest & Investment Income	18.35	9.15	0.05	41.84	13.75	3.58
Currency Exchange Gain (Loss)	-4.83	8.05	41.7	11.87	10.83	0.98
Other Non Operating Income (Expenses)	-6.63	42.54	-0.32	-1.46	-0.17	-0.06
EBT Excluding Unusual Items	-27.76	-6.82	29.01	107.19	43.54	12.92
Gain (Loss) on Sale of Investments	-9.54	-9.54	-14.79	-	-	-
Pretax Income	-37.31	-16.37	14.21	107.19	43.54	12.92
Income Tax Expense	27.53	19.79	-37.45	18.11	8.48	2.47
Net Income	-64.84	-36.15	51.67	89.08	35.06	10.45
Net Income to Common	-64.84	-36.15	51.67	89.08	35.06	10.45
Net Income Growth	-	-	-42.00%	154.10%	235.46%	12.31%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
EPS (Basic)	-6.05	-3.37	4.82	8.31	3.27	0.97
EPS (Diluted)	-6.05	-3.37	4.82	8.31	3.27	0.97
EPS Growth	-	-	-42.00%	154.10%	235.46%	12.31%
Free Cash Flow	128.93	-61.98	-27.03	-50.23	4.86	4.05
Free Cash Flow Per Share	12.03	-5.78	-2.52	-4.68	0.45	0.38
Dividend Per Share	-	-	0.200	0.150	0.120	0.090
Dividend Growth	-	-	33.33%	25.00%	33.33%	12.50%
Gross Margin	9.75%	6.59%	10.26%	21.88%	21.74%	26.51%
Operating Margin	3.01%	0.28%	3.98%	17.49%	17.31%	17.69%
Profit Margin	-12.48%	-5.32%	8.01%	27.11%	31.58%	21.93%
Free Cash Flow Margin	24.81%	-9.12%	-4.19%	-15.29%	4.37%	8.49%
EBITDA	46.54	21.5	32.57	58.48	19.88	8.99
EBITDA Margin	8.96%	3.16%	5.05%	17.80%	17.90%	18.87%
D&A For EBITDA	30.88	19.57	6.88	1	0.66	0.56
EBIT	15.66	1.93	25.69	57.47	19.22	8.43
EBIT Margin	3.01%	0.28%	3.98%	17.49%	17.31%	17.69%
Effective Tax Rate	-	-	-	16.89%	19.47%	19.10%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.