IST:ACSEL Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	685.78	890.03	644.84	328.58	111.03
Revenue Growth (YoY)	-22.95%	38.02%	96.25%	195.95%	132.96%
Cost of Revenue	652.26	831.42	578.71	256.69	86.89
Gross Profit	33.52	58.61	66.13	71.9	24.14
Selling, General & Admin	47.33	55.32	41.56	14.67	4.92
Other Operating Expenses	-2.26	0.76	-1.12	-0.25	-0
Operating Expenses	45.08	56.08	40.44	14.42	4.92
Operating Income	-11.56	2.53	25.69	57.47	19.22
Interest Expense	-58.72	-89.66	-38.12	-2.53	-0.1
Interest & Investment Income	14.25	11.98	0.05	41.84	13.75
Currency Exchange Gain (Loss)	-3.59	10.53	41.7	11.87	10.83
Other Non Operating Income (Expenses)	19.27	55.68	-0.32	-1.46	-0.17
EBT Excluding Unusual Items	-40.36	-8.93	29.01	107.19	43.54
Gain (Loss) on Sale of Investments	-1.07	-12.49	-14.79	-	-
Pretax Income	-41.43	-21.42	14.21	107.19	43.54
Income Tax Expense	25.74	25.9	-37.45	18.11	8.48
Net Income	-67.17	-47.32	51.67	89.08	35.06
Net Income to Common	-67.17	-47.32	51.67	89.08	35.06
Net Income Growth	-	-	-42.00%	154.10%	235.46%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
EPS (Basic)	-6.27	-4.41	4.82	8.31	3.27
EPS (Diluted)	-6.27	-4.41	4.82	8.31	3.27
EPS Growth	-	-	-42.00%	154.10%	235.46%
Free Cash Flow	81.48	-81.13	-27.03	-50.23	4.86
Free Cash Flow Per Share	7.60	-7.57	-2.52	-4.68	0.45
Dividend Per Share	-	-	0.200	0.150	0.120
Dividend Growth	-	-	33.33%	25.00%	33.33%
Gross Margin	4.89%	6.59%	10.26%	21.88%	21.74%
Operating Margin	-1.69%	0.28%	3.98%	17.49%	17.31%
Profit Margin	-9.79%	-5.32%	8.01%	27.11%	31.58%
Free Cash Flow Margin	11.88%	-9.12%	-4.19%	-15.29%	4.37%
EBITDA	26.77	28.14	32.57	58.48	19.88
EBITDA Margin	3.90%	3.16%	5.05%	17.80%	17.90%
D&A For EBITDA	38.33	25.62	6.88	1	0.66
EBIT	-11.56	2.53	25.69	57.47	19.22
EBIT Margin	-1.69%	0.28%	3.98%	17.49%	17.31%
Effective Tax Rate	-	-	-	16.89%	19.47%

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