IST:ACSEL Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	758.56	685.78	890.03	644.84	328.58	111.03
Revenue Growth (YoY)	33.11%	-22.95%	38.02%	96.25%	195.95%	132.96%
Cost of Revenue	679.13	652.26	831.42	578.71	256.69	86.89
Gross Profit	79.43	33.52	58.61	66.13	71.9	24.14
Selling, General & Admin	40.63	47.33	55.32	41.56	14.67	4.92
Other Operating Expenses	0.72	-2.26	0.76	-1.12	-0.25	-0
Operating Expenses	41.35	45.08	56.08	40.44	14.42	4.92
Operating Income	38.07	-11.56	2.53	25.69	57.47	19.22
Interest Expense	-50.43	-58.72	-89.66	-38.12	-2.53	-0.1
Interest & Investment Income	15.04	14.25	11.98	0.05	41.84	13.75
Currency Exchange Gain (Loss)	-3.59	-3.59	10.53	41.7	11.87	10.83
Other Non Operating Income (Expenses)	6.19	19.27	55.68	-0.32	-1.46	-0.17
EBT Excluding Unusual Items	5.29	-40.36	-8.93	29.01	107.19	43.54
Gain (Loss) on Sale of Investments	-1.07	-1.07	-12.49	-14.79	-	-
Pretax Income	4.21	-41.43	-21.42	14.21	107.19	43.54
Income Tax Expense	27.28	25.74	25.9	-37.45	18.11	8.48
Net Income	-23.07	-67.17	-47.32	51.67	89.08	35.06
Net Income to Common	-23.07	-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	99.01	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	10.47%	4.89%	6.59%	10.26%	21.88%	21.74%
Operating Margin	5.02%	-1.69%	0.28%	3.98%	17.49%	17.31%
Profit Margin	-3.04%	-9.79%	-5.32%	8.01%	27.11%	31.58%
Free Cash Flow Margin	13.05%	11.88%	-9.12%	-4.19%	-15.29%	4.37%
EBITDA	78	26.77	28.14	32.57	58.48	19.88
EBITDA Margin	10.28%	3.90%	3.16%	5.05%	17.80%	17.90%
D&A For EBITDA	39.92	38.33	25.62	6.88	1	0.66
EBIT	38.07	-11.56	2.53	25.69	57.47	19.22
EBIT Margin	5.02%	-1.69%	0.28%	3.98%	17.49%	17.31%
Effective Tax Rate	647.50%	-	-	-	16.89%	19.47%

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